Theresa May to hold meeting with top Conservative committee over her departure timetable May 8, 2019 Theresa May has agreed to a crunch meeting with a powerful group of Tory MPs who have the authority to change party rules and force her from office. The Conservative leader will address the executive members of the backbench 1922 committee next Wednesday as pressure grows on her to resign from office. She will be [...]
Trump claims tax revelations detailing historic $1bn losses are ‘fake news hit job’ May 8, 2019 Donald Trump has hit back at reports that he lost more than $1bn dollars between 1985 and 1994, saying the fact he was a real estate developer gave him leeway with his taxes. Read more: The art of the deal: Five things we learned from Trump’s tax returns Responding to the publication of his long-sought [...]
No change to Theresa May’s plan to stay as Prime Minister until Brexit deal passed, Downing Street confirms May 8, 2019 Theresa May will not quit as Prime Minister until the Brexit deal is passed by MPs, Downing Street confirmed today amid growing pressure for her to step down. The Prime Minister told her MPs in March she would resign as party leader once phase one of the Brexit negotiations are completed, leaving her successor to thrash [...]
The art of the deal: Five things we learned from Trump’s tax returns May 8, 2019 Hours after one of Donald Trump’s closest White House allies, Treasury secretary Steve Mnuchin, formally refused the Democrats’ request for the President’s tax returns late on Monday, the cat was out of the bag. Trump’s much-sought after tax returns reveal massive losses throughout the eighties and nineties for the self-styled master of the deal, topping more [...]
Sterling slips as UK prepares to take part in European elections May 8, 2019 The pound slipped 0.23 per cent this morning from $1.307 to $1.304 following yesterday's confirmation that the UK will take part in the EU elections. The 0.23 per cent drop comes after the government repeatedly said it did not want the UK to take part in the elections to the European Parliament later this month. [...]
Labour’s renationalisation plan isn’t just illiterate, it’s immoral May 8, 2019 Want to buy something, but can’t quite afford it? Just use a simple trick from John McDonnell. Here’s how it works. You say: “We’ll pay a fraction of the actual price.” They say: “Sorry, you can’t do that.” You say: “Yes, we can. We’re the government.” That, in essence, is Labour’s plan to renationalise the [...]
Stamp duty is making the housing crisis even worse May 8, 2019 There is no silver bullet to fixing the nation’s housing crisis, short of the obvious but politically challenging solution of building a lot more houses. Nonetheless, certain taxes and regulations make an already flawed market even more distorted and act as additional barriers to those seeking to buy and sell homes. And in the case [...]
Treasury Committee chair Morgan criticises government over economic crime reforms May 8, 2019 The chair of the Treasury Committee Nicky Morgan MP criticised the government today for failing to create a register of politically exposed persons to help fight economic crime. Morgan was commenting on the government’s response today to the Committee’s recent report on economic crime. “It is disappointing that the government has chosen not to endorse [...]
Government’s digital identification system Verify is ‘failing users’ May 8, 2019 The government’s flagship digital identification programme is failing users and has not delivered value for money, according to a damning new report. The Public Accounts Committee (PAC) has slammed the Verify programme, which it said has been hampered by a catalogue of problems and has failed to deliver the benefits originally promised. Read more: "Grave [...]
European elections will definitely go ahead, government confirms May 7, 2019 European parliament elections in the UK will definitely go ahead the government has confirmed as it announced there is not enough time to deliver Brexit before May 23. David Lidington, the de facto Deputy Prime Minster, made the announcement on Tuesday afternoon, less than an hour before talks between the government and Labour over breaking the [...]