The non-Brexit bits from the Bank of England and the International Monetary Fund May 13, 2016 You may have noticed, there have been some pretty stark warnings about what Brexit could do to the UK economy this week. Both the International Monetary Fund (IMF) and the Bank of England waded into the debate arguing that a vote to leave the EU could trigger a recession. Cue outrage from Leave campaigners. But [...]
The UK is looking for people to test driverless cars May 13, 2016 Individuals are now able to register for the UK's first public driverless vehicle trials which are due to take place later this year. Successful applicants will be able to ride in a driverless car, and then asked about their views on the experience. The trials will take place in the UK smart mobility living lab [...]
Mayor of London Sadiq Khan would like to “educate” Republican presidential nominee Donald Trump May 13, 2016 The saga between Donald Trump and Sadiq Khan continues. The newly-elected Mayor of London has now said that he would welcome the presumptive Republican presidential nominee to London to "educate" him on Islam and its compatibility with Western values. Speaking to NBC, Khan again said Trump's views on Islam were "ignorant" and that he's "inadvertently [...]
EU referendum: Labour leader Jeremy Corbyn appeals to young people to back EU which he doesn’t love but UK benefits from May 13, 2016 Historically thought of as eurosceptic, Jeremy Corbyn today appealed to younger voters to back Remain in the EU referendum while admitting that he doesn't love the EU, but the UK benefits from it. Speaking in Liverpool, Corbyn said that turnout at the General Election last year was just 47 per cent of young people who [...]
Lord Lamont hits out at both Mark Carney and Christine Lagarde in just two days May 13, 2016 Lord Lamont has slammed what he sees as the "avalanche of institutional propaganda" which has been flung about in the EU referendum debate this week. In his second blistering attack this week, the former chancellor who served in the governments of Margaret Thatcher and John Major, has taken aim at the International Monetary Fund (IMF) for its [...]
EU launches investigation into Chinese steel exports May 13, 2016 The European Union has launched an investigation into a slew of Chinese steel which is flooding global markets and crippling the industry. This was one of the reason given by Tata behind the decision to sell its UK business, puttings thousands of jobs at risk. Read more: Brexit would spell the end to UK manufacturing The EU's [...]
EU referendum: International businesses say Brexit would be bad for them and lead to a cut in investment May 13, 2016 Most international businesses think the UK voting to leave the EU would be bad for them, while also leading them to cut investment in the UK, according to new data. A poll from Ipsos Mori showed that 78 per cent of the 667 companies surveyed said a Brexit vote would be negative, while just five per [...]
How Brexit would affect the UK’s energy sector May 13, 2016 While debates over the impact of Brexit on high-profile issues such as trade, immigration or security are rarely out of the media, the impact on one of the country’s most important sectors — energy — receives less attention. Surprisingly, despite the UK being part of the EU single market, there is currently no level playing [...]
Employment minister Priti Patel has launched a stinging attack on Osborne and Lagarde following Brexit recession warnings May 13, 2016 One of George Osborne's cabinet colleagues has accused the chancellor of "cashing in favours" from the International Monetary Fund (IMF) over its warning that Brexit could trigger a recession. Priti Patel, the employment minister, who used to work in the Treasury with Osborne, said: "The EU-funded IMF should not interfere in our democratic debate … It appears [...]
A teenager has just become a mayor in the UK town of Goole May 13, 2016 A teenager, who missed out on a party when he received his A-levels last year, has been elected as a mayor in the UK. Terence Smith, a 19-year-old Labour councillor has been voted in for a 12-month term at the council's annual meeting today. He said: "I feel like I'm giving my bit back to the [...]