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      HSBC set to launch $1bn buyback despite revenue miss

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Politics

  • Sadiq Khan will tonight vow to push Theresa May for “creative” solutions to secure Single Market access

    September 5, 2016

    London mayor Sadiq Khan will tonight vow to push Theresa May's government for “creative” solutions to secure Single Market access for the UK's financial services sector. Speaking to an audience of City bigwigs at the annual Lloyd's of London City dinner, Khan is expected to name protecting the financial services sector as the number one priority in [...]

  • Businesses losing EU workers as May refuses to guarantee residency status

    September 5, 2016

    Prime minister Theresa May has again refused to guarantee the long-term status of EU citizens living in the UK, provoking ire from MPs, as a new poll shows that a sizeable proportion of EU staff have already quit their jobs, or intend to, because of Brexit uncertainty. A survey of 800 firms that employ EU [...]

  • Everything you need to know about tomorrow’s EU referendum rules debate

    September 4, 2016

    The online petition questioning the EU referendum rules – or the so-called second referendum petition – reaches parliament tomorrow, with a debate scheduled in Westminster Hall for the afternoon. The petition, which was started by Leave supporter William Oliver Healey roughly a month before the vote even took place and has received more than 4m signatures, called on [...]

  • More than half of Corbyn backers say British spies are conspiring against the Labour leader

    September 4, 2016

    More than half of Jeremy Corbyn supporters believe that British spies are working to undermine the Labour leader, according to new figures. Unite general secretary Len McCluskey suggested in late June that intelligence agencies could be using “dark arts” against the current Labour leadership. And now the latest polling figures show the idea has become [...]

  • Australian PM Malcolm Turnbull says he is “very committed” to a rapid free trade deal with the UK

    September 4, 2016

    Australian Prime Minister Malcolm Turnbull has said Britain and Australia are both “very committed” to an early free trade deal in the aftermath of Brexit. Speaking at the G20 in China, Turnbull said both sides are keen to secure open markets. “They've got to put in place free trade agreements and we are enthusiastic and [...]

  • Japan’s issued 18 demands for Brexit or businesses could leave for EU

    September 4, 2016

    Japanese businesses have issued an astonishing list of demands it wants from the UK and Europe ahead of Brexit negotiations at the G20 Summit, where Prime Minister Theresa May is starting informal trade talks. The 18 requests covering trade ties between the countries were made in a 15 page report issued by the Japanese government on [...]

  • Prime Minister Theresa May has warned the UK’s economy faces “difficult times” in the aftermath of Brexit

    September 4, 2016

    Britain's economy faces "difficult times" Prime Minister Theresa May has cautioned, despite signs of a rebound in the aftermath of the UK's Brexit vote. Last week saw a number of positive economic figures, including a substantial recovery in manufacturing after the June referendum. However, speaking to reporters in China, May predicted the vote would damage the economy, [...]

  • Keith Vaz stands down from influential committee following allegations

    September 4, 2016

    MP Keith Vaz will temporarily stand down from his position as the head of the influential home affairs select committee following allegations that he paid for male escorts. The Labour MP has led the committee since 2007 and the group investigates areas such as crime, policing, drugs, immigration and extremism. According to the report in the Sunday Mirror, the 59-year-old MP [...]

  • “No security issues” surrounding billion-pound data centre deal with China

    September 4, 2016

    The company run by the billionaire Reuben brothers has denied there are security concerns around a potential sale of a stake in its data centre company Global Switch to Chinese investors. The former foreign secretary Sir Malcolm Rifkind has called on the Prime Minister Theresa May to vet the potential multi-billion pound deal over concerns around access to data. Read [...]

  • Back of the queue? Barack Obama warns of UK-US trade “unravelling”

    September 4, 2016

    US President Barack Obama has praised the special relationship between the UK and the US, but warned that both countries needed to do everything they could to prevent those strong ties from "unravelling" as he indicated other major global trade agreements are a priority. Speaking at the G20 Summit, Obama said the priority was to complete [...]

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