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Labour replaces Lord Bradley as shadow pensions minister


Labour leader Jeremy Corbyn has appointed newly elected MP Nick Thomas-Symonds as shadow pensions minister.

Thomas-Symonds, who is MP for Torfaen in Wales, replaces Lord Bradley, who took on the position in May following Gregg McClymont’s defeat in the general election.

Corbyn has now completed his shadow ministerial appointments following his comprehensive victory in the Labour leadership election.

Corbyn’s campaign manager John McDonnell has been named shadow chancellor, while Seema Malhotra, who joined the House of Commons in 2011 following a by-election, is shadow chief Treasury secretary.

The resignation of Rachel Reeves means that Owen Smith becomes shadow secretary of state for work and pensions.

Following Emma Reynolds’ return to the backbenches after her time as shadow minister for communities and local government, Corbyn has appointed a specific minister for housing and planning in John Healey, with the remainder of Reynolds’ former remit taken on by Jon Trickett.


Adrian Boulding L&G 2012 - correct size

Now: Pensions to add employer auto-enrol charge

Automatic enrolment provider Now: Pensions is to introduce an employer charge of up to £40 a month from next year. The announcement comes as the provider launches a month long consultation aimed at finding out the needs of small employers. Concerns have been growing that firms yet to auto-enrol will have to turn to Nest […]

Bank of England raises prospect of rate cut

The Bank of England may need to cut interest rates in order to prop up UK growth, chief economist Andy Haldane has warned. In a speech to the Portadown Chamber of Commerce in Northern Ireland today, Haldane said the case for raising rates is “some way from being made”, before raising the prospect of a […]


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