Over to you, Carney – our MPC has voted to cut rates July 14, 2016 Mark Carney will reveal today whether the Bank of England will cut interest rates for the first time since March 2009, following the public’s surprise decision to vote for Brexit at the end of last month. Markets have priced in an 80 per cent chance of a cut to the main bank rate, which currently stands [...]
Theresa May’s cabinet reshuffle: Who’s in? Who’s out? Everything you need to know July 13, 2016 Theresa May has announced the big positions in her cabinet today after taking helm as Britain's first female Prime Minister since Margaret Thatcher. She also created new positions to lead Britain's upcoming negotiations with the European Union. Who's in? Who's out? Here's everything you need to know: David Davis appointed head of Brexit Key Brexit campaigner David Davis [...]
George Osborne to return to the backbenches as Philip Hammond becomes chancellor July 13, 2016 George Osborne is to return to the backbenches, as new Prime Minister Theresa May appoints Philip Hammond as her chancellor . Osborne "has resigned from government" and will not be taking a position in May's cabinet, according to 10 Downing Street. The Sun reported Osborne was dismissed by May. Breaking: George Osborne was sacked. Theresa May told him she didn't want [...]
Public grants May a honeymoon period, while filing for divorce from Corbyn July 13, 2016 People are head over heels for new Prime Minister Theresa May but have fallen out with Labour leader Jeremy Corbyn, a poll released earlier today found. Ipsos Mori's Political Monitor discovered that over half (55 per cent) of the 1,021 adults it surveyed felt that May has what it takes to make a good Prime [...]
In her first speech as Prime Minister, Theresa May has promised tackle “burning injustice” and fight for all of Britain July 13, 2016 Theresa May has made a bold commitment to social justice in her first speech as Prime Minister, promising to fight for all of Britain. Speaking on the steps of 10 Downing Street, May sought to address people who she said were "just managing". "When we take the big calls, we will think not of the powerful, but [...]
Theresa May has been confirmed as the UK’s Prime Minister after meeting the Queen earlier today July 13, 2016 Theresa May has been officially confirmed as the UK's new prime minister after she met the Queen earlier today. Former Prime Minister David Cameron visited Buckingham Palace to formally tender his resignation earlier, after making an emotional speech on the steps of 10 Downing Street. The Queen received in audience Theresa May and requested her [...]
“It has not been an easy journey”: David Cameron’s final speech in full July 13, 2016 David Cameron delivered his final speech on the steps of 10 Downing Street as he departed today. Here's the full text of his final words. Read more: Cameron pays tribute to the UK's "spirit of service" "When I first stood here in Downing Street on that evening in May 2010, I said we would confront [...]
David Cameron pays tribute to the armed forces as he leaves Downing Street for the final time July 13, 2016 In his final address as Prime Minister, David Cameron has paid tribute to the work of Britain's armed forces and volunteers as he reflected on the achievements of his government, before heading to Buckingham Palace to formally tender his resignation. Cameron will be replaced as Prime Minister by Theresa May later today. “The spirit of [...]
Here are three things to expect from Theresa May during her premiership July 13, 2016 As Theresa May swoops in on Downing Street today, pundits are climbing over each other to speculate over what will be her first order of business. Is it all too much to take in? Here's what can we expect from her and what will her priorities are likely to be. Brexit means Brexit The House [...]
One of the ministers behind the apprenticeship levy is to leave the government July 13, 2016 Nick Boles has announced that he is leaving the government two years after he was appointed as skills minister. Incoming prime minister Theresa May is expected to name her frontbench team in the coming days. But in a statement issued on his Facebook page, Boles said that while he had enjoyed his time under David [...]