Stephen Barclay replaces Raab as Brexit secretary, as Amber Rudd returns to government as work and pensions secretary November 16, 2018 Stephen Barclay has been confirmed as the new Brexit secretary, while former Home secretary Amber Rudd has been appointed as the Work and Pensions secretary. Barclay, the MP for North East Cambridgeshire, was previously a minister at the Department for Health and Social Care. He takes over from Dominic Raab, who quit his role yesterday [...]
CMA launches investigation into suspected financial services cartel November 16, 2018 The UK’s competition watchdog has launched an investigation into a possible financial services cartel, it announced today. The Competition and Markets Authority (CMA) said its probe into the alleged anti-competitive activity was launched under Chapter One of the Competition Act 1998, which addresses price fixing and attempts to control markets. The statement gave little detail [...]
Judge orders White House to hand back CNN correspondent’s press pass after tiff with Trump November 16, 2018 CNN correspondent Jim Acosta has won the battle to have his White House ban lifted – temporarily at least. After lawyers from CNN and the Trump administration battled it out for over two hours in court today, Judge Timothy Kelly granted the network's requests for Acosta to be allowed back into the White House. CNN had requested [...]
Jet Airways share price soars amid Tata Sons takeover talk November 16, 2018 Jet Airways share price jumped up by almost seven per cent on Friday following reports that the airline is close to a deal with Indian conglomerate Tata Sons. The stock was up 6.26 per cent on Friday afternoon and hit a two month high, rallying nearly 60 per cent over the past month. The debt-laden airline [...]
RBS and Nordea dropped from the list of the world’s most important banks November 16, 2018 The Royal Bank of Scotland (RBS) and Nordic bank Nordea have been removed from a list of the world's most important banks by the Financial Stability Board (FSB). The FSB's list is a compilation of all banks required to hold extra capital equivalent to at least one per cent of its risk-weight assets, due to their size and impact [...]
Junk food adverts to be banned on London Underground to tackle growing child obesity November 16, 2018 Junk food adverts are set to be banned on the London Underground as well as at bus stops in a new measure to tackle increasing child obesity. Plans to introduce the ban across the Transport for London (TFL) network will be announced soon according to City Hall, once the London Mayor Sadiq Khan has fully studied [...]
Unexploded bomb found in the Serpentine in London’s Hyde Park November 16, 2018 The North and South banks of the Serpentine in London's Hyde Park were closed today, as police dealt with reports of a possible unexploded bomb from the Second World War. A cordon put in place by specialist officers, set up between the Triangle car park and the boat house on Serpentine Road, has now been [...]
Brexit: These are the MPs who have submitted no confidence letters to the 1922 Committee November 16, 2018 The number of MPs who have admitted to sending no confidence letters in Prime Minister Theresa May surpassed more than 20 today as the threat of a no confidence vote grows. A total of 48 letters must be sent to Sir Graham Brady, chair of the influential backbench 1922 Committee in order to trigger such a [...]
Court documents suggest Wikileaks founder Julian Assange has been charged in secret November 16, 2018 Julian Assange, the founder of website Wikileaks, may have been criminally charged in secret, according to an apparent mistake in court documents filed in the US. Suggested by Wikileaks to be a "cut and paste" error, Assange's surname appeared in a filing submitted by US authorities in an unrelated case. A section of the filing mentioned the need [...]
Supreme Court asked to hear government’s appeal against a legal challenge to Brexit process November 16, 2018 The Supreme Court has been asked to consider whether anti-Brexit campaigners can take their case to the European Court of Justice. A group of Scottish politicians, led by Green Party MSP Andy Wightman, want the European court to decide whether Britain can reverse its exit from the European Union without EU approval. In March last year [...]