Economists hit back at Cable post-Brexit financial services regulation fears May 17, 2022 THINK TANK economists said yesterday fears that post-Brexit changes to financial services regulations could result in a ‘race to the bottom’ are “clearly nonsense.” Earlier this week former business secretary Vince Cable warned that changes to the UK regime could risk a financial crash in a letter signed by a number of other economists. But [...]
Labour calls for all MPs to vote on one-off windfall tax May 16, 2022 The Labour Party is calling on all MPs to vote in favour of a one-off windfall tax on oil and gas producers as the cost of living crisis continues to bite into Brits’ pockets. The amendment will be proposed tomorrow morning during the Queen’s Speech debate and it follows an analysis published yesterday by the [...]
Police charge man over murder near St Paul’s Cathedral May 16, 2022 City of London Police have charged a man over the murder of Emmanuel Odunlami near St Paul’s Cathedral. In a statement today, the force said detectives investigating the murder of Emmanuel Odunlami have charged a man, naming him as Quincy Ffrench-Yethman, 26, of Foyle Road, Tottenham. He was charged on Monday 16 May 2022 with [...]
Russia warns Sweden and Finland that joining NATO is a ‘grave mistake with far-reaching consequences’ May 16, 2022 Russia has warned Sweden and Finland that joining Nato is a “grave mistake with far-reaching consequences”. The Kremlin’s deputy foreign minister Sergei Ryabkov made the comments after Sweden’s prime minister, Magdalena Andersson, went to its parliament today to secure backing for joining the military alliance. In a statement, Ryabkov said, according to the Telegraph: “This [...]
New international development plan focuses on bilateral aid and challenging ‘dependency on malign actors’ May 16, 2022 Britain has launched a new international development programme with a focus on challenging “dependency on malign actors”. Liz Truss made the announcement with a written statement on Monday, saying the new vision would try to address “increasing global challenges”. The plan, launched as Britain continues to oppose Russia’s war in Ukraine, also looks to “provide [...]
As Covid cases soar in North Korea to more than 1m, Kim Jong-Un tells people to ‘gargle salt water’ to treat it May 16, 2022 North Koreans are being told to ‘gargle salt water’ to treat coronavirus, as the regime struggles to deal with a worsening outbreak thought to be around 1m. The communist single-party state, widely seen as one of the most reclusive and authoritarian in the world has mobilised its military to distribute military supplies to counter an [...]
Trade war fears grow as Boris Johnson issues final Brexit warning to EU: If Brussels does not give in Britain ‘will act’ May 16, 2022 As Boris Johnson prepares for a visit to Northern Ireland later today, the Prime Minister has warned the EU the UK will have a “necessity to act” if the Brussels is unwilling to reach a compromise in the deepening crisis over the Northern Ireland Protocol. The Prime Minister – who travels to Belfast today for [...]
Minister criticised for saying people should ‘work more hours or move to a better paid job’ to cope with cost of living crisis May 16, 2022 The government’s safeguarding minister has come in for sharp criticism after saying people struggling with the cost of living crisis should “work more hours” or get a “better paid job.” Rachel Maclean said there were way households could “protect themselves” from rising inflation and pressures on their budgets, while appearing on Sky News this morning. [...]
Hope and excitement in Kyiv as Ukrainian troops reach Russian border: Retreat is embarrassment for Putin May 16, 2022 Ukraine is hit by a wave of hope and excitement this morning as its troops have reached the border with Russia. Troops defending the city of Kharkov claim to have pushed back Russian troops to the Ukraine-Russia border. Ukrainian authorities released a video in which a military unit poses in front of a boundary marker. [...]
Police get free reign as Priti Patel permanently lifts all restrictions on use of stop-and-search powers May 16, 2022 Home Secretary Priti Patel confirmed she is planning to permanently lift restrictions placed on police in the use of stop-and-search powers as part of the Government’s strategy to tackle violent crime. In a letter to police forces on Monday, Patel announced the easing of conditions on the use of the tactics under Section 60 of [...]