Oil prices: UK oil baron Algy Cluff warns chancellor George Osborne that the North Sea industry is on the brink of destruction February 17, 2016 One of Britain’s best known oil tycoons has warned that low prices could destroy the UK oil industry if the government fails to slash taxes and encourage exploration in the sector. Speaking exclusively to City A.M., Algy Cluff, who pioneered exploration in the North Sea in the 1970s, has added his voice to a growing [...]
EU referendum: European Council President Donald Tusk says “there is still no guarantee” of a reform deal February 17, 2016 On the eve of a make-or-break meeting for Prime Minister David Cameron's EU reform agenda, European Council President Donald Tusk has warned that "there is still no guarantee" EU leaders will sign off on a final deal this week. "After my consultations in the last hours I have to state frankly: there is still no guarantee [...]
RAF Typhoons scrambled to intercept Russian Tupolev TU 160 fighter jets near UK air space February 17, 2016 RAF jets have been scrambled to intercept Russian fighter jets near UK airspace, the Ministry of Defence (MOD) has said. Russian Tupolev TU 160 aircraft are near the UK but not in UK airspace. The RAF is now escorting the fighter jets across the North Sea. The British planes were deployed from RAF Coningsby in Lincolnshire this afternoon. [...]
London mayoral election 2016: Conservative candidate Zac Goldsmith says he will reveal his tax returns if Labour candidate Sadiq Khan and others do the same February 17, 2016 Conservative mayoral candidate Zac Goldsmith has said he will publish his tax returns in the run-up to May's City Hall election, after being questioned on his previous "non dom" status. "Of course I will," Goldsmith said last night on the BBC when asked if he would reveal his tax records. "I think all candidates should in [...]
EU referendum: Prime Minister David Cameron fighting a battle on two fronts as he hopes to convince sceptical Conservative MPs including Boris Johnson of his reforms ahead of EU summit tomorrow February 17, 2016 Prime Minister David Cameron is now on a charm offensive on two fronts as he works on a plan to get eurosceptic MPs behind his reform plans while trying to woo fellow European leaders. Cameron is working on a plan to extend UK sovereignty, aimed at convincing sceptical Conservative MPs, including Boris Johnson, to get [...]
What kind of EU referendum voter are you? Research from Lord Ashcroft shows there are seven types of voter February 17, 2016 As the referendum on the UK's membership of the EU edges closer new research has found that there are seven different kinds of voter. Read more: Poll – Big rise in Brexit support while Scots want to stay in EU Referendum polling by Lord Ashcroft polls found that the seven different kinds lie on a [...]
Corbyn poses a “bigger threat” to the Falklands than Argentina, says defence secretary Michael Fallon on historic trip to the islands February 17, 2016 On an historic trip to the Falkland Islands, defence secretary Michael Fallon has warned that Labour leader Jeremy Corbyn poses a "bigger threat" to the islands than Argentina. Fallon, the first senior cabinet minister to visit the islands in 14 years, said that the islands have moved on since the war in 1982, but that Corbyn hadn't. [...]
EU referendum: Eastern European countries and European Parliament deal David Cameron a double-blow as CBI and BCC polling show UK businesses more likely to back Remain camp February 17, 2016 Prime Minister David Cameron suffered a setback in his efforts to strike a deal with European leaders yesterday, as four eastern European prime ministers raised red flags over the UK’s EU reform agenda. Speaking after a meeting with European Council President Donald Tusk, Czech prime minister Bohuslav Sobotka said the so-called Visegrad Four – Poland, [...]
EU referendum: Prince William gives speech suggesting he would not back a Brexit, shortly after Prime Minister David Cameron heads to Brussels to woo MEPs February 16, 2016 Prince William has today delivered a speech that could suggest he supports Britain staying in the EU. Speaking at an event at the Foreign and Commonwealth Office, the Duke of Cambridge said: "For centuries, Britain has been an outward looking nation. Hemmed in by sea, we have always sought to explore what is beyond the [...]
Shadow chancellor John McDonnell speech at the London School of Economics: Austerity is not a necessity, it is a political choice February 16, 2016 Shadow chancellor John McDonnell has today slammed the idea that economic austerity is a necessity, calling it a political choice. Delivering a speech entitled "the new economics" at the London School of Economics, McDonnell also said that radical moves were needed if a balance British economy was to be achieved, according to a number of reports [...]