More than 2,000 people have already cashed in their Help to Buy Isa just four months after launch – getting a bonus of just £421 June 30, 2016 Perplexing news from the Treasury, which has reported more than 2,000 people have so far cashed in their Help to Buy Isas – meaning they've made an average of just £421. The figures, published this morning, showed 1,490 properties were bought in the four months to the end of March through the scheme, which gives savers a £50 [...]
A Labour MP has warned the party is not a safe space for British Jews after she was abused at the launch of an event into anti-Semitism June 30, 2016 A Jewish Labour MP abused at the launch of the Chakrabarti report into anti-Semitism has slammed leader Jeremy Corbyn, saying the party “cannot be a safe space for British Jews” under his leadership. Ruth Smeeth was accused of collaborating with a Daily Telegraph journalist to smear the party at an event this morning which saw [...]
Lord Stern warns UK emissions targets must be strengthened after Fifth Carbon Budget June 30, 2016 One of the world's most formidable climate change economists applauded the government's adoption of its fifth carbon budget, but he warned that the UK must strengthen its emissions targets. The budget — which is a step in the right direction — will cut carbon emissions 57 per cent by 2032 compared to 1990 levels. But targets must be more [...]
Here’s how MPs are reacting to Boris Johnson’s “breathtaking” decision not to run for the Conservative leadership June 30, 2016 Boris Johnson's decision against running for the Tory leadership has been described as “breathtaking” by MPs. Johnson made the shock announcement earlier today that he would not be seeking to replace David Cameron. He has already proved a target for other contenders, with candidates including work and pensions secretary Stephen Crabb and home secretary Theresa [...]
Jeremy Corbyn has compared Israel to terror group Islamic State even as a new report has denied the party is “overrun” by anti-Semitism June 30, 2016 Labour leader Jeremy Corbyn has sparked fresh controversy by appearing to compare the state of Israel to terror group Islamic State. Speaking at the launch of a report on Labour and anti-Semitism by former Liberty director Shami Chakrabarti, which cited "clear evidence" of hateful or ignorant attitudes and behaviours within a minority in the party, [...]
Boris Johnson pulls out of Conservative leadership race – leaving Theresa May odds-on to become next Tory leader June 30, 2016 Boris Johnson has announced he will not seek the Tory leadership, after weeks of speculation that the former London mayor was hoping to become the next Prime Minister. "Having consulted colleagues and in view of the circumstances in parliament I have concluded that [the next Conservative leader] cannot be me," he said in a speech at [...]
HSBC won’t be moving its HQ away from London post-Brexit June 30, 2016 HSBC has confirmed for the first time since last week's referendum that the UK vote to quit the European Union will not lead to the bank moving its headquarters from London. Speaking at a conference organised by lobby group The City UK, HSBC's chairman Douglas Flint repeated comments from February this year that the referendum result would not trigger another [...]
Bookies latest odds: Theresa May is the favourite for the Conservative leadership race after Boris Johnson’s withdrawal June 30, 2016 Theresa May is still the bookies' firm favourite to become the next permanent leader of the Conservative Party, following Boris Johnson's withdrawal from the leadership race this lunchtime. May is in the lead with shortened odds of 4/7 according to Ladbrokes, while Michael Gove is punters' second favourite at odds of 11/4. This morning May's [...]
Andrea Leadsom is running for the Conservative leadership June 30, 2016 Andrea Leadsom said this morning she will be running for the Conservative leadership. Leadsom, who campaigned for Brexit, tweeted this morning: "Let's make the most of the Brexit opportunities! #FreshStart" [custom id="161"] Her announcement comes as Michael Gove, another prominent Brexit campaigner threw his hat into the ring. Gove said: "I have come, reluctantly, to the conclusion [...]
When will Article 50 be triggered? Probably not this year, according to the bookies June 30, 2016 Although the electorate have signalled their intent to leave the European Union, one big question remains in Westminster, the City, across Europe and even further afield: When will the UK actually break away? This comes down to the crucial matter of Article 50 – the clause which sets the clock ticking on a two-year timetable [...]