Markets welcome US debt ceiling deal passing first hurdle in Congress June 1, 2023 Investors gave a muted welcome to the U.S. House of Representatives passing a bill that would suspend the government’s borrowing limit and avert default, with market focus now turning to the Senate and the interest rate outlook. Asian markets were trading higher when the bill cleared the house and held their gains. Investors nudged S&P 500 futures from slightly [...]
Labour: Just Stop Oil backer Dale Vince ‘perfectly legitimate’ party donor May 31, 2023 British businessman Dale Vince is a “perfectly legitimate person” to take money from despite his donations to Just Stop Oil.
Starmer says Britain’s Brexit future is OUTSIDE of the EU under Labour May 31, 2023 Britain’s future is outside the EU, Labour leader Sir Keir Starmer has said, as he promised to make Brexit work. Writing in the Daily Express newspaper, Sir Keir – who campaigned for Remain in the 2016 referendum – also said he would not be seeking a return to freedom of movement. The comments are Sir [...]
People who get ‘poor’ bank rates should ‘shop around’, DWP sec Mel Stride says May 31, 2023 People who feel they are getting “very poor” interest on their savings should “shop around” and find a bank that will pay “a better rate”, the Work and Pensions Secretary has said. Mel Stride said some of the “stickiness” comes because there is “often inertia” and that it is “relatively easy to change and switch [...]
The west forgot about Crimea. It cannot forget about the rest of Ukraine May 31, 2023 It is perhaps easy to become fatigued by news of the war in Ukraine. It is now fifteen months since Vladimir Putin’s tanks rolled over the frontier for what they thought would be a straightforward victory, an imperial conquest more akin to 1940 or the Napoleonic era than the 21st century. Through sheer bloody-mindedness as [...]
Government sends Fever-Tree mixers and a cricket shirt down under to celebrate post-Brexit trade deal May 31, 2023 The UK’s trade deals with Australia and New Zealand came into force at midnight, with special shipments of British goods such as signed Beano comics among the first to be sent under the new arrangements. The agreements are the first trade deals negotiated post-Brexit to enter into force and come after the UK, Australia and [...]
We’ve all made mistakes: Seoul government accidentally sends evacuation order to entire populace May 31, 2023 Rare wailing air raid sirens and mobile phone alerts calling for evacuations rattled residents of the South Korean capital, Seoul, early on Wednesday after North Korea tried to launch what it said was a satellite. Nuclear-armed North Korea’s sixth satellite launch ended in failure, with the booster and payload plunging into the sea, but not before prompting emergency alerts and evacuation warnings in [...]
The “shy capitalists” want more of their own money, not toxic culture wars May 30, 2023 Forget Mondeo Man or Basildon Barry, there’s a new electoral figure on the scene: the ‘shy capitalist’ millennial. That, at least, is the conclusion of the latest bit of research by Onward, the newly revved-up Tory think-tank. In short, millennials – those between the ages of 25 and 40 – appear to be the first [...]
Sunak to crack down on ‘unacceptable’ targeting of young people by vape market May 30, 2023 A new Government crackdown on vape marketing will prevent the “unacceptable” targeting of children and young people, Rishi Sunak has said. Ministers have pledged to close a loophole allowing retailers to give free samples of vapes to children in England, amid concerns over the proportion of children trying e-cigarettes. The move comes days after the [...]
Covid inquiry legal battle looms for ministers over Boris Johnson WhatsApp requests May 30, 2023 Ministers could be set for a legal battle with the Covid-19 inquiry over the requested release of unredacted WhatsApp messages and diaries belonging to Boris Johnson. The Cabinet Office has until 4pm on Tuesday to respond to the request from Lady Hallett’s official inquiry. There has so far been little sign that ministers are set [...]