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Chuka Umunna said the reforms the Labour party was making to its links with trade unions would help address the 'democratic emergency' in the UK. "My own view is that we have a democratic emergency. Why do I say that? Because I think pe... Continue to article
Prime minister David Cameron delivers a speech in Coventry on skills and the economy Deputy prime minister Nick Clegg speaks at the Royal United Services Institute in London on security and privacy in the internet age (08.15) Labour ... Continue to article
Chuka Umunna insisted Labour's policies would not be swayed by the unions' financial clout. "Let me go to the money. I mean, first of all, the Labour party manifesto will be an offer that reflect the broad interests of Britain, of the Br... Continue to article
Shadow Business Secretary Chuka Umunna has suggested radical changes to PMQs. Speaking to journalists at a lunch in Westminster, he said: “The problem is not the players, it is the format and the culture of PMQs that needs to be addr... Continue to article
Chuka Umunna dismissed suggestions Labour's economic proposals were "some ideological expedition". "I disagree with [the Prime Minister] because essentially his argument is that rich people, more wealthy people in our country, will work ... Continue to article
Labour party press release The full text of Ed Balls' speech to the Fabian Society's Annual Conference Thanks to all of you for giving up your Saturday to be here today. The title of today’s conference is ‘Can Labour Change Britain... Continue to article
Prime minister David Cameron (11.00) delivers a speech to the Federation of Small Businesses on simplifying red tape. Skills minister Matthew Hancock (13.30) and shadow business secretary Chuka Umunna (09.30) also speak at the conference on... Continue to article
Chuka Umunna is a pretty sharp dresser by politicians’ standards. But could there be a Glyn Davies-esque error in the future for the Shadow Business Secretary? He may have given something away after getting somewhat peeved with Andrew...
Chuka Umunna said the Government was saying 'crisis what crisis' about the UK's cost of living crisis. "In the face of the cost of living crisis hitting your viewers, which is hitting your viewers and making them £1600 less now than they... Continue to article
The Shadow Business Secretary has called for a full government inquiry into the mis-selling of personal accident insurance by employment agencies. Addressing his opposite number at Business Questions in the House of Commons, Chuka Umunna... Continue to article
Ed Miliband today pledged to break up Britain’s biggest banks as part of a bid to “turn the tide” on increasing concentration of power in the sector. In a speech this morning, he also said a Labour government would introduce a cap on banks... Continue to article
Chuka Umunna said more competition in banking was linked to expanding the middle class. "[There are[ too many low-skilled jobs and low wages at one end of our labour market but what we also, frankly, need to do is actually grow the numbe... Continue to article
Chuka Umunna said Labour agreed with the idea of the triple lock on pensions but refused to give a firm commitment to maintain it up to 2020. “We support the triple lock in principle; I’m not going to unilaterally as a single member of t... Continue to article
Chuka Umunna said 'Small Business Saturday' had driven £0.5bn to small businesses across the UK. "Last week we instigated at the biggest celebration of small business the UK has ever seen, with around 10,000 tweets on the subject. What w... Continue to article
Chuka Umunna said politicians should follow Nelson Mandela's example and try to do politics differently "It wasn't just about what he stood for and what he achieved but it was also the way he did his politics. I think we have a big proble... Continue to article
The Tories have been accused of "sleaze politics" after it emerged they lobbied nightclub owners to attack Labour’s Chuka Umunna. The Shadow Business Secretary had faced criticism over negative comments made about London’s nightclubs.
Labour has called for fuller disclosure on how fund managers vote on executive pay, as public anger over directors' high salaries mounts ahead of the annual general meetings of the UK's top companies. The party is proposing an amendment to bring into force powers contained in the 2006 Companies Act. "Making fund managers disclose how they vote on issues will mean the pensioner or the ordinary investor will be in a better position to access information on how votes are cast in their name on matters such as executive pay," Shadow Business Secretary Chuka Umunna said in a statement.
David Cameron will tomorrow announce plans to let company shareholders block excessive executive pay.
Speaking to the Sunday Telegraph, the Prime Minister says: "Let's empower the shareholders by having a straight, shareholder voter on top paid packages."
The proposal marks the latest in a series of measures targeting the highest paid. Mr Cameron had hinted at the move on Friday, telling BBC Radio 4's Today programme that the bonus culture was "completely out of whack".
Mr Cameron and Nick Clegg both said the Government was looking at a new general rule to stop wealthy individuals and large companies from avoiding tax.
Labour's Chuka Umunna earlier joined calls for "more responsible, better capitalism", including curbs on high remuneration.
The Shadow Business Secretary told the Today programme that the high levels of pay were "symptomatic of the kind of capitalism that has grown up in the country over the last 30 years", but added that he was not opposed to people being rewarded for "taking risks and creating jobs".
Shadow Business Secretary Chuka Umunna has apologised for labelling London clubbers as "trash".
The remarks, which were made on an exclusive social networking site in 2006 have been criticised by MPs.
A spokesman for Mr Umunna admitted the comments were "not appropriate" but noted they were made "long before he became an MP".
David Cameron has been urged by Labour to stick to his tough stance on bankers' bonuses. The Shadow Business Secretary Chuka Umunna told the Financial Times the Prime Minister should not give in to demands to change course from Tory backers. Mr Umunna argued it was "unbelievably absurd" to label those who wanted to reform finance as anti-business.
Business rules are "rigged" in a way that discourages firms from making long-term investments in key economic areas, Chuka Umunna has said today. At a speech in London today, the Shadow Business Secretary also highlighted new figures showing a 15% reduction in science funding. Mr Umunna said: "The Government is out of touch with British business and is making the wrong choices for the economy in the short term as well as the wrong choices in the long term for Britain’s future".
01/03/2014 on Today, BBC Radio 4
09/02/2014 on Sunday Politics, BBC One
27/01/2014 on Sky News
25/01/2014 on Labour party
24/01/2014 on BBC News
Summaries and transcripts from TV and radio
3 hours ago on PM, BBC Radio 4
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