UK will play bigger role in NATO to compensate for Brexit, defence secretary Michael Fallon has said July 8, 2016 The United Kingdom will play a bigger role in NATO in order to counterbalance its vote to leave the EU, the defence secretary has said. Michael Fallon said that it was disappointing that the UK had voted for Brexit at a dangerous time in global affairs, adding that the UK must now be even more engaging with [...]
Clinton is off the hook over her private email. Are we right to question the role of her political celebrity? July 8, 2016 The results are in, and people are outraged. And I’m not talking about Brexit. Across the pond, a far less transparent phenomenon has occurred. After many months of anticipation, the FBI has finally recommended against charging Hillary Clinton for using a private server to host her correspondence while she was secretary of state. In legal [...]
Ukip’s march Left will create Britain’s first major populist party – and that means big business needs to look beyond the bounds of London July 8, 2016 Nigel Farage might not be every City worker’s favourite person at the moment. But the City might look back on Farage’s time as leader with fondness – because there is a real prospect that Ukip’s leadership election will herald the birth of Britain’s first truly populist party. Ex-commodities broker Farage was at heart a pro-business [...]
Would the City be better off in the long term outside the Single Market? July 8, 2016 Len Shackleton, professor of economics at the University of Buckingham, says Yes. Policies towards banks and the financial sector are largely based on ignorance, envy and spite – whatever country you’re in. But a UK outside the EU has a marginally better chance of forming sensible policy as slightly more of our politicians have at [...]
Whitehall shames itself with lack of Leave plan July 8, 2016 The Treasury is one of the three ‘great offices of state’ – dominating the machinery of government and sitting alongside the Home Office and the Foreign Office in terms of prestige, power and pedigree. Throughout all of Whitehall its patronage is yearned for and its wrath feared. Simply put, it is the nerve centre of [...]
A senior Tory MP has blasted the Treasury’s failure to plan around a Leave vote, as revealed by top civil servant earlier today July 7, 2016 A senior Tory MP and Brexiteer has blasted the Treasury's failure to plan for a Leave vote, as revealed by a top civil servant earlier today. Speaking to the public accounts committee, the Treasury's most senior civil servant admitted that his department made no plans for a Brexit vote. Tom Scholar, the permanent secretary to the [...]
The former boss of Barings Bank has said he cannot recall Andrea Leadsom, despite the energy minister claiming to have played a central role in the aftermath of its collapse July 7, 2016 The former chief executive of Barings Bank has questioned Tory leadership contender Andrea Leadsom's claims of working at the centre of attempts to halt a financial crisis in the aftermath of the bank's collapse. Leadsom, who will face home secretary Theresa May in a battle to become the next Prime Minister, has regularly referred to her [...]
Theresa May will face Andrea Leadsom in a poll of Conservative members to decide the next Prime Minister July 7, 2016 Home secretary Theresa May will face energy minister Andrea Leadsom in the final contest to succeed Prime Minister David Cameron. Justice secretary Michael Gove was eliminated in a ballot of Conservative MPs today. A date has yet to be set for the final vote, although the Tories have pledged to select a new leader by September 9. [...]
Labour’s Stephen Kinnock has demanded answers on Tata UK plans, as business minister Sajid Javid heads to India July 7, 2016 Labour MP Stephen Kinnock has called for clarity on the latest plans for Tata Steel's UK operations ahead of business secretary Sajid Javid's trip to Mumbai this weekend. Javid will be flying to India tonight ahead of a Tata board meeting tomorrow. And Kinnock, whose Aberavon constituency includes the Tata Port Talbot works, has handed [...]
The Houses of Parliament have fully re-opened after alarms were raised over a suspicious package July 7, 2016 The Houses of Parliament have now fully re-opened after a security alert centred on a suspect package earlier today. Police were called around 12.30 today in relation to a package delivered to the Houses of Parliament. The security alert resulted in parts of the House of Lords car park and terrace being shut off. Some peers were [...]