The pound is on its best run against the Japanese yen in three years July 12, 2016 Sterling is on course for its best performance against the yen in over three years after Theresa May was named as the successor to Prime Minister David Cameron. A 1.9 per cent rise for the pound sent it to a one-week high of $1.3246, while against the safe haven Japanese yen sterling climbed almost four per [...]
Here’s how the UK tech industry feels about Theresa May as PM July 12, 2016 The UK’s tech industry has welcomed the eventual arrival of a new Prime Minister in Theresa May, who effectively became David Cameron’s successor and the woman to lead Britain out of Europe after her only other rival dropped out of the running in the leadership race. The surprise result after one of the most tumultuous [...]
Jeremy Corbyn reveals death threats as he condemns an attack on the constituency office of Angela Eagle July 12, 2016 Labour leader Jeremy Corbyn has revealed he received death threats this week, as he condemns an attack on Angela Eagle's constituency office. Eagle's staff found that a window had been smashed at the Wallasey office this morning, just a day after she launched a leadership challenge. Angela Eagle MP's constituency office in Manor Road, Liscard, where [...]
David Cameron uses his penultimate day in office to announce approvals for 31 new free schools and academies July 12, 2016 In one of his final acts as Prime Minister, David Cameron has announced approvals for 31 new free schools and academies across the country. As part of his penultimate day in office, Cameron today visited an “outstanding” rated free school in West London to reveal the latest from the government programme, which will include 20,000 [...]
Bookies odds: Who will be in Theresa May’s cabinet? July 12, 2016 As Prime Minister David Cameron chairs his last cabinet, the UK's bookies have been busy at work compiling who will make up Theresa May's new team. Ladbrokes' data wonks have been busy calculating odds and this is what we have so far. They have Chris Graying as a strong favourite home secretary, offering odds of 2/1 on [...]
#StayPutInLabour: Richard Burgon’s Twitter support for Jeremy Corbyn goes a bit left-field July 12, 2016 Shadow justice minister Richard Burgon's attempt to take to social media to support his leader and ally Jeremy Corbyn in a time of turmoil hasn't exactly turned out as planned. While the gesture was there, Burgon's tweet ending with #StayPutInLabour hasn't resonated with social media users as anticipated. Labour members: whatever Labour's National Executive Committee decides today, #StayPutInLabour – [...]
Showdown time: Carney under fire from Treasury select committee on Brexit vote comments July 12, 2016 Bank of England boss Mark Carney has today had to rebuff allegations that he frightened the public into voting for Remain in the referendum. Andrew Tyrie, chair of the Treasury committee, put it to Carney that there had been a "deliberate attempt to frighten the voting public by the Bank with a political motive" which would "put an [...]
President Barack Obama foresees a great relationship with incoming Prime Minister Theresa May July 12, 2016 President Barack Obama believes there will be a positive future for US-UK relations with Theresa May as Prime Minister. White House press secretary Josh Earnest said Obama "and his successor will be able to coordinate effectively with her to not just protect but even advance the special relationship" between the two countries. Read More: MPs call [...]
Labour to decide if Jeremy Corbyn can automatically run while rival Angela Eagle calls for his resignation July 12, 2016 Labour's National Executive Committee (NEC) will today decide if incumbent Jeremy Corbyn will automatically be included on the leadership ballot while rival Angela Eagle has called for his resignation. Unions, largely supportive of Corbyn, want him on the ballot irrespective of whether he can gain the backing of 51 MPs, against the legal analysis commissioned by Labour. [...]
It’s high time Southern Rail got its act together July 12, 2016 Commuters on the troubled Southern rail franchise have had enough, and rightly so. The London and south-east England service has been beset by delays and cancellations caused by engineering works and industrial action. Yesterday, long-suffering commuters demonstrated in Victoria station during the evening rush-hour in protest at the lamentable service they’re forced to endure. The protest [...]