NCA investigates Arron Banks and Leave.EU over alleged referendum offences November 1, 2018 The National Crime Agency is investigating Arron Banks and the Leave.EU campaign for alleged electoral law offences during the 2016 EU referendum. The Electoral Commission referred both Banks and another senior campaigner, Elizabeth Bilney, to the NCA. “Our investigation relates to suspected electoral law offences covered by that referral, as well as any associated offences,” [...]
Sorry Angela Merkel, it’s not that easy to choreograph your own legacy November 1, 2018 There definitely comes a time where a fresh pair of eyes and fresh leadership would be good.” Those are the wise words of David Cameron, when asked whether he’d be running for a third term as Prime Minister just before the 2015 election. Now into her fourth term as German Chancellor, it has taken Angela [...]
Nicky Morgan says City could take decades to resolve regulatory relationship with EU October 31, 2018 It could take decades for the UK to work out its financial services regulatory relationship with the EU after Brexit, treasury select committee chair Nicky Morgan said. “The story of the next 40 years of this country, or it could be longer, in relation to that future relationship with the EU, is going to be [...]
Brexit deal will be done within three weeks, reveals Dominic Raab October 31, 2018 The pound jumped by one per cent on Wednesday as Dominic Raab claimed a Brexit deal will be agreed within three weeks. The revelation from the Brexit secretary saw sterling rise to 1.1307 against the euro and bounce back from a two month low against the dollar to 1.2829. Raab made the claim in a letter [...]
Budget 2018: Austerity killed off – if a Brexit horror show is avoided October 31, 2018 | City Talk The 2018 Budget was brought forward this year to avoid a nightmare clash with the Brexit negotiations. It was clear from the Chancellor’s speech that he was keen to avoid a ghoulish backlash from any controversial announcements. Indeed, the majority of policy measures unearthed had been leaked to the press beforehand, leaving Philip Hammond with [...]
Business leaders could become UK’s new ambassadors in radical plan by Jeremy Hunt October 31, 2018 Business leaders could be among a wave of new ambassadors under plans by Jeremy Hunt to open up the diplomatic service. In a speech on Wednesday, the foreign secretary is expected to say that for the first time non-civil servants could represent the UK government overseas. The creation of the 335 new diplomatic positions will [...]
British jets scrambled to investigate Russian planes October 31, 2018 British jets were scrambled earlier today to investigate suspected Russian fighter plans flying close to UK airspace. “Typhoon fighters … were scrambled today as a precautionary measure against a potential incursion into UK area of interest by one or more unidentified aircraft,” a spokesman for the Ministry of Defence (MoD) told Reuters. “At no time was [...]
Facebook’s Mark Zuckerberg invited again to appear before MPs investigating fake news October 31, 2018 Facebook chief Mark Zuckerberg has been summoned to a special meeting of UK and Canadian MPs to give evidence about ‘fake news’. Conservative MP Damian Collins, chair of parliament’s digital, culture, media and sport committee, has joined forces with his Canadian equivalent, Bob Zimmer, to propose a one-off hearing on 27 November. The social media billionaire [...]
Chancellor Philip Hammond’s Autumn Budget contained tricks and treats for your personal finances October 31, 2018 The move of this year’s Autumn Budget to Monday this week rather than its traditional Wednesday slot was ostensibly to give MPs more time to debate the chancellor’s proposals before the House of Commons rises for recess on 6 November. But presumably Philip Hammond also hoped to avoid some Halloween-themed headlines, which he himself alluded to [...]
Hammond’s digital services tax puts UK competitiveness at risk October 31, 2018 The government has long been scratching its head for ways to address the current tax treatment of global tech platforms. Our tax code – all 10m words of it – has been struggling to keep up and adapt to a new economy that is being driven by technology, innovation, and digitalisation. On Monday, Philip Hammond [...]