Sterling hits new two-year low as no-deal Brexit risk jumps July 16, 2019 The pound tumbled to fresh two-year lows against the dollar today after the two candidates to replace Theresa May pledged to abandon the controversial Northern Ireland backstop proposals, ramping up the chances of a no-deal Brexit. Read more: Amber Rudd: I won’t lie down in front of bulldozers to stop no-deal Brexit Boris Johnson and [...]
Boris Johnson considering suspending parliament to force through a no-deal Brexit July 16, 2019 Boris Johnson is considering shutting down parliament at the end of October to stop MPs blocking a no-deal Brexit. According to Sky News, the plan would involve Johnson, if he wins the race to succeed Theresa May as Prime Minister, scheduling a Queen’s Speech for the beginning of November. It is conventional for MPs to [...]
Michael Gove now thinks Boris Johnson is a perfect fit for Prime Minister July 16, 2019 Michael Gove appears to have changed his mind about Boris Johnson. Now he thinks the former London mayor would make a “great” Prime Minister. Read more: Sterling hits new two-year low as no-deal Brexit risk climbs Gove, who was accused of stabbing his fellow Brexiter in the back in 2016 to throw his own hat [...]
Ursula von der Leyen says EU is open to another Brexit delay July 16, 2019 Germany’s Ursula von der Leyen addressed the European Parliament today, saying she would be ready to grant a further Brexit delay beyond 31 October. Read more: Sterling sinks to two-year low as no-deal Brexit risk jumps Von der Leyen is set to become the new president of the European Commission, a role currently held by [...]
We the people need to find a way to dispel the Brexit Blues July 16, 2019 The year is 1989. Ronald Reagan on his last day at the White House makes his farewell address. His message is one of the recovery of morale and national pride during his presidency. He puts it down to three words: “we the people”. In so doing, his message is this: “Freedom of speech, freedom of [...]
Disciplinary matters: The Darroch leak lays bare the erosion of standards at the civil service July 16, 2019 The untimely resignation of Sir Kim Darroch as our man in Washington tells us more about society than it does about his qualities as the US ambassador. Regardless of his assessment of the Trump administration, the fault – the only fault – lies with the leaker, and that individual’s personal standards. Their motivation is almost [...]
DEBATE: Is legal action a legitimate response if the government tries to prorogue parliament to pursue no-deal? July 16, 2019 Is legal action a legitimate response if the government tries to prorogue parliament to pursue a no-deal Brexit? Alison McGovern, Labour MP for Wirral South and former shadow city minister, says YES. A no-deal Brexit has massive negative consequences for our constituents. That is why there is a majority in the House of Commons against [...]
Tory mayoral hopeful Shaun Bailey calls for ‘pause’ on HS2 July 15, 2019 Tory mayoral hopeful Shaun Bailey has said High Speed Two (HS2) should be “paused” and investment redirected to the north as the project’s future hangs in the balance. Bailey called HS2, the £56bn railway that will connect London to the north via Birmingham, an “overpriced scheme based on outdated technology” that was “crowding out the [...]
FTSE 100 chairs predict further Brexit extension July 15, 2019 A majority of the leaders of the UK’s biggest companies think that Brexit will be delayed past Halloween, according to a new survey of the chairs of FTSE 100 firms. Read more: Rudd: I won’t lie down in front of the bulldozers to stop a no-deal Brexit Meanwhile only 13 per cent of blue-chip bosses [...]
Donald Trump says his trade war tariffs are ‘major factor’ in China slowdown July 15, 2019 US President Donald Trump has claimed that his tariffs are damaging China’s economy after its growth slowed to a 27-year low. Read more: China growth slows to 27-year low “The United States Tariffs are having a major effect on companies wanting to leave China for non-tariffed countries,” Trump tweeted. He added: “We are receiving Billions [...]