Pro-Brexit Tory MPs write to Cameron urging him to remain Prime Minister regardless of referendum result June 23, 2016 Over 80 Conservative MPs have written a letter to David Cameron urging him to remain Prime Minister irrespective of the referendum result. The letter has been signed by all members of the Cabinet who voted Leave and was delivered to Downing Street by Tory MP Robert Syms. People who signed the letter include Brexit supporters such as Priti [...]
Ukip leader Nigel Farage believes that Remain has won the referendum June 23, 2016 With the polls now closed in today's referendum on the UK's membership of the European Union, Ukip leader and Leave campaigner Nigel Farage has said that he believes his side has lost. "Turnout looks to be exceptionally high and it looks like Remain will edge it," Farage told Sky News. "Ukip and I are going nowhere and [...]
The polls have closed: EU referendum voting has now ended across the UK – and now the counting begins June 23, 2016 Polling booths across the UK to vote on the country's EU membership have now closed. Both the Remain and Leave camps look to have a long night ahead of them as counting now gets underway. The Electoral Commission has said if you're in line at a polling station at the 10pm cut-off you'll be able to cast [...]
EU referendum: There may have been a record amount of betting on Brexit vote – but is it that impressive? June 23, 2016 The EU referendum has caught the betting world by storm. After the failure of the pollsters at last year's general elections, politics watchers have been broadening their horizons to try to understand who has the edge in the campaign. Of course, the betting markets themselves move in response to opinion polls, but discussions about polling methodology, [...]
EU referendum: UK economy on course for investment boom once Brexit vote is done with June 23, 2016 Around £6bn of investment in the UK economy has been delayed due to the EU referendum, with large portions set to come flooding back whatever the result of the vote. The Centre for Economics and Business Research (CEBR) calculated 70 per cent of the lost investment would rush back by the end of the year [...]
Before the bell: What you need to know before the US market open June 23, 2016 Polls are open for the UK's European Union membership vote. Markets are betting people will opt to stay however and rallying around the world. Here's what you need to know before the US market open at 2:30pm London time. In the pre-market the S&P is up by 0.95 per cent, while the Nasdaq is one per cent higher. [...]
Bad timing? New figures show the UK’s population has tipped past 65m for the first time June 23, 2016 The UK's population has tipped past 65m for the first time, according to figures published by the Office for National Statistics. Stats published today showed the mid-year estimate for the UK's population growing by 513,200 to reach 65.1m. The growth is equivalent to a city of the size of Manchester – defined at 503,127 in [...]
EU referendum: One big question but no easy answer. It’s make your mind up time June 23, 2016 I won't tell you how to vote. I’m proud that this newspaper has hosted arguments from both sides of the campaign – from every conceivable angle. We’ve had the case for Remain and Leave from market analysts, lawyers, politicians, investors, psychologists, economists and entrepreneurs. Now the time has come for you to make your choice. [...]
ECB unlocks funding for Greek banks in latest step of recovery June 22, 2016 The European Central Bank (ECB) has signalled the latest step in the Greek recovery this afternoon, as it geared up to reinstate emergency funding for Greek banks. Eurozone banks are usually able to get cheap loans from the ECB under its regular financing operations. However, that help was called in during the 2015 bailout saga as Greece teetered [...]
International Monetary Fund warns US over growth outlook as it slashes forecasts June 22, 2016 The International Monetary Fund (IMF) has taken a break from warning over the risks of Brexit to caution the US on the strength of its economy. The IMF has slashed its growth forecast for the US this year to 2.2 per cent, down from 2.4 per cent it predicted at the start of the year. It [...]