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      Healey rules out expanding mansion tax to £1.5m homes

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Politics

  • Theresa May’s future hanging by a thread as leading Brexiters call on her to go

    November 15, 2018

    Theresa May’s future hangs by a thread this afternoon after leading Brexiter Jacob Rees-Mogg called for her to be ousted as Prime Minister. The North East Somerset MP, who chairs the European Research Group of Conservative Brexiters, sent in a letter on Thursday calling for the Prime Minister to be subject to a confidence vote. [...]

  • ‘This is not Brexit’: Jacob Rees-Mogg submits no confidence letter against Prime Minister Theresa May

    November 15, 2018

    Jacob Rees-Mogg has submitted a letter of no confidence in Prime Minister Theresa May. A spokesman for Mogg’s pro-Brexit European Research Group confirmed he has submitted the letter, after challenging the Tory leader in parliament over her Brexit deal. "What has been achieved today is not Brexit," Mogg told reporters this afternoon. "It is impossible to agree [...]

  • Work and Pensions secretary Esther McVey adds to growing list of Brexit resignations

    November 15, 2018

    Esther McVey, secretary for the Department of Work and Pensions, has resigned this morning over the government's proposed Withdrawal Agreement from the European Union. McVey's exit follows the departures of both Brexit secretary Dominic Raab and Northern Ireland minister Shailesh Vara this morning. Additionally, junior education minister Anne-Marie Trevelyan and Brexit under-secretary Suella Braverman have stepped down. [...]

  • Dominic Raab resigns as Brexit secretary, calling withdrawal agreement ‘a very real threat’ to the UK’s integrity

    November 15, 2018

    Dominic Raab resigned as Brexit secretary this morning, calling the UK's withdrawal agreement "a very real threat to the integrity of the United Kingdom". Sterling plunged to 1.285 against the dollar in reaction to the news. Raab, who helped negotiate the UK’s withdrawal agreement with Brussels, added that the Prime Minister’s proposed deal breaks promises [...]

  • Sterling falls as Theresa May receives her first ministerial resignation over her Brexit deal

    November 15, 2018

    Sterling fell this morning after a minister announced his resignation over the Prime Minister’s Brexit deal, which won the backing of the cabinet last night. Shailesh Vara, a minister for Northern Ireland, informed Downing Street of his resignation this morning, saying the deal leaves the UK “in a half-way house with no time limit” on [...]

  • EU calls emergency Brexit summit to vote on UK withdrawal agreement as Northern Ireland minister quits

    November 15, 2018

    European Council president Donald Tusk set a date for an emergency Brexit summit today to discuss the UK and EU’s draft withdrawal agreement. The meeting, scheduled for 9.30am on Sunday, 25 November, is expected to formalise the UK’s Brexit deal hammered out by Prime Minister Theresa May and EU negotiator Michel Barnier. “Let me say [...]

  • City reacts as UK and EU agree withdrawal agreement text

    November 14, 2018

    The UK and European Union have tonight published the Brexit withdrawal agreement and an outline of the political declaration on the future relationship between the UK and the European Union. Here is how the City reacted Catherine McGuiness, policy chairman at the City of London Corporation “The announcement that a draft Brexit agreement has been [...]

  • Brexit deal agreed by cabinet after ‘impassioned’ five-hour meeting

    November 14, 2018

    Theresa May squeaked her Brexit deal through a divided Cabinet on Wednesday in an historic moment for the UK. After a five-hour meeting the Prime Minister emerged from Downing Street at just after 7pm to declare her ministers had backed her controversial proposals on how to withdraw the UK from the EU. The marathon meeting [...]

  • Government caves on fixed-odds betting terminal reform in face of parliamentary backlash

    November 14, 2018

    The government has U-turned on delayed changes to fixed-odds betting terminals (FOBTs), bringing forward a widely called-for cap on stakes to April, after the sports minister resigned over the issue. Shares in gambling companies rallied sharply on the news with GVC up 8.1 per cent, Paddy Power Betfair up 7.5 per cent, William Hill up 2.1 [...]

  • Brexit: Theresa May warned she will lose support of her party over draft deal

    November 14, 2018

    Theresa May was today warned she will lose the support of Conservative MPs if a draft Brexit agreement could see the UK being kept in a customs union with the EU. Veteran Brexit supporter Peter Bone issued the stark warning to the Prime Minister less than two hours before a meeting of the cabinet to [...]

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