He said, he said: Watch Ukip’s Mike Hookem defend himself against accusations of punching Steven Woolfe October 7, 2016 Ukip MEP Mike Hookem has denied punching party colleague Steven Woolfe, after reports the two engaged in a fight at the European Parliament in Strasbourg yesterday. Woolfe was hospitalised after collapsing at the parliamentary building, and Ukip leader (technically) Nigel Farage said it followed an 'altercation' at a meeting of MPs. "I deeply regret that [...]
Jonathan Ashworth expected to be offered shadow health secretary role – but may need to resign from Labour’s National Executive Committee October 7, 2016 Jonathan Ashworth is widely expected to be offered the role of shadow health secretary in Jeremy Corbyn's frontbench, City A.M. understands. However, in return for the promotion he is likely to need to resign from Labour's National Executive Committee (NEC). If he does resign, it will pave the way for the influential committee to be comprised of a pro-Jeremy [...]
Government announces final details of Lloyds share sale October 7, 2016 Shares in Lloyds Banking Group have dropped two per cent after the government announced it will press ahead with plans to offload its remaining stake in the part-nationalised lender. Chancellor Philip Hammond announced the plans during a trip to Washington this morning as part of his bid to reassure American financial companies that the UK [...]
Ukip’s Steven Woolfe says party colleague ‘came at me and landed a blow’ October 7, 2016 The European Parliament has launched a disciplinary inquiry into an altercation between Ukip MEPs yesterday, which left one of the party's leadership candidates in hospital. Ukip MEP Steven Woolfe has accused party colleague Mike Hookem of punching him at the European Parliament in Strasbourg yesterday. Woolfe was taken to hospital yesterday afternoon after he collapsed following an [...]
Jeremy Corbyn announces more appointments amid Labour party frontbench reshuffle October 6, 2016 Jeremy Corbyn announced a string of appointments today amid a reshuffle of his Labour party's frontbench. The opposition leader is trying to strengthen his grip on the party after winning last month's Labour leadership contest by a large majority. Read more: Jeremy Corbyn has named a new shadow City minister, recruiting an MP who previously resigned [...]
Hammond to decide on more QE “carefully and cautiously” October 6, 2016 Chancellor Philip Hammond said today that future decisions over whether the government will approve another round of quantitative easing (QE) to bolster the economy would be taken "carefully and cautiously". His comments came a day after Prime Minister Theresa May acknowledged super-low interest rates and quantitative easing have "some bad side effects". Speaking during a television [...]
Don’t blame businesses for hiring foreign staff. Improve British skills October 6, 2016 Home secretary Amber Rudd provoked outrage this week for suggesting that companies should list the number of foreign workers they employ. For many in the business community, it hit a raw nerve at a sensitive time. EU nationals that call the UK home and have set up fast-growth businesses, or joined talented global teams, are already [...]
Article 50 challenge rumbles back into the court next week October 6, 2016 A legal challenge questioning what actions government needs to take before it triggers Article 50 is due to go to court next week. The claimants are arguing that government does not have the power to trigger Article 50, and begin the UK's process of leaving the EU, by prerogative and that it can only be [...]
Chancellor Philip Hammond vows to fight for the City in Brexit negotiations October 6, 2016 Philip Hammond has said the government will prioritise a good deal for the City in its upcoming negotiations over leaving the EU. In a visit to New York to reassure top Wall Street bankers, the chancellor said protecting access to Europe for financial services firms based in London was a pressing concern not only for [...]
Ukip leadership hopeful Steven Woolfe in hospital after ‘altercation’ with other Ukip MEPs October 6, 2016 Ukip MEP and leadership hopeful Steven Woolfe is on the mend in a hospital in Strasbourg after he collapsed outside the European Parliament earlier this afternoon. Woolfe was reportedly involved in an 'altercation' with other Ukip MEPs before he collapsed, according to Nigel Farage. "I deeply regret that following an altercation that took place at a meeting of Ukip MEPs this morning that Steven Woolfe subsequently [...]