France nominates central bank deputy as EU Commissioner August 28, 2019 France has nominated central banker Sylvie Goulard as its candidate for European Union commissioner. Last month it was reported that France was eyeing a “strong economic portfolio” in the new Commission, such as trade or climate and energy policy. Read more: Notifications to EU Commission over unlawful tax breaks rocket Goulard is the deputy governor [...]
Former business secretary Vince Cable to step down as MP August 28, 2019 Former Liberal Democrat leader and business secretary Vince Cable will step down as an MP at the next election. Cable, who has represented Twickenham since 1997, led his party for two years on a platform that prioritised fighting Brexit, until stepping down in May to make room for East Dunbartonshire Jo Swinson. The 76-year-old served in [...]
Donald Trump: Boris Johnson is ‘exactly what the UK has been looking for’ August 28, 2019 President Donald Trump has called any bid by Labour leader Jeremy Corbyn to oust Boris Johnson from Downing Street “very hard” after the Prime Minister set out plans to suspend parliament ahead of Brexit. Trump added that Johnson is “exactly what the U.K. has been looking for” as he praised the Tory PM as the [...]
Boris’ Brexit blindside: What the hell just happened? August 28, 2019 Boris Johnson has put the cat among the pigeons by asking the Queen to suspend parliament for nearly five weeks, reducing the amount of time parliament sits before the critical Brexit Halloween deadline. Remainers are outraged. Brexiters are sceptical. But what happens next? Is proroguing parliament legal? That’s a tough one. Certainly, Johnson’s team wanted [...]
Sterling could hit 35-year low on no-deal Brexit worries, City analysts warn August 28, 2019 City economists have warned that the pound could tumble to a 35-year low against the dollar of close to parity as no-deal Brexit fears mount over Prime Minister Boris Johnson’s suspension of parliament. Read more: Boris Johnson asks Queen to suspend parliament Sterling traders have reacted badly to the news that Johnson has asked the [...]
Tories join opposition MPs in blasting ‘outrageous’ Brexit blindside by PM August 28, 2019 High profile Conservative MPs, including several ex-ministers, have blasted Boris Johnson’s ‘outrageous’ move to blindside Remainers over the timetable leading up to Brexit. This morning the Prime Minister revealed that he had asked the Queen to suspend parliament for nearly five weeks from the middle of September, ahead of a Queen’s Speech on 14 October. [...]
Brexit: Sterling sinks as Boris Johnson asks Queen to suspend parliament August 28, 2019 The pound plunged against the US dollar today as Prime Minister Boris Johnson is reportedly preparing to suspend parliament to pursue a no-deal Brexit. Sterling crashed 0.839 per cent to around $1.218 this morning, losing gains from yesterday amid reports that the government is expected to ask the Queen to suspend parliament. This afternoon it [...]
The summer is over, now it’s back to Brexit August 28, 2019 The board is set, the pieces are moving, to quote Gandalf from The Lord Of The Rings. Next week, MPs return from the summer recess and both the Brexiter and Remain sides are rallying their troops for the autumn battle. After a summer of insults and infighting, opponents of a no-deal Brexit (including Labour, the [...]
Chancellor’s speech cancelled as spending round brought forward August 27, 2019 Chancellor Sajid Javid’s debut spending review has been pushed forward, fuelling speculation of an autumn General Election. Javid was due to set out his vision for the role, and the current state of the economy, in a speech given from Birmingham tomorrow (Wednesday). However, this has been cancelled while the spending round has been brought [...]
Home Office ad for EU citizens banned for being ‘misleading’ August 27, 2019 A Home Office advert telling EU citizens how to remain in the UK after Brexit has been banned by the independent watchdog for being “misleading”. The Advertising Standards Authority (ASA) has told the government it must not broadcast a radio advert regarding the EU Settlement Scheme, which originally aired in April this year, saying it [...]