PR tycoon Roland Rudd hides from People’s Vote revolt in his Hilton hotel room October 29, 2019 Chaos continued to engulf the People’s Vote campaign today as power broker Roland Rudd camped out at his Hilton hotel room with security present after refusing to meet campaign staff at their offices. Rudd, who is chairman of Open Britain and founder of City PR firm Finsbury, asked staff this morning to come to his [...]
When will we have a UK general election? October 29, 2019 Boris Johnson announced plans for UK general election on 12 December to “get Brexit done.” He’s tabled another vote in the Commons for today – and Labour have agreed to support the motion. Last night, MPs failed to support the dissolution of parliament under the Fixed-term Parliaments Act – a motion which required a supermajority [...]
Labour to back Prime Minister’s call for December election October 29, 2019 Labour will back the government on today’s election vote, paving the way for a poll on 12 December. Party leader Jeremy Corbyn this morning told his shadow cabinet that he had received confirmation from the EU that Brexit had been delayed until 31 January, meaning “our condition of taking no deal off the table has [...]
Labour will back Number 10’s early general election bid October 29, 2019 Labour has said it will back Boris Johnson’s call for a pre-Christmas general election. Party leader Jeremy Corbyn will press his MPs to support the Prime Minister’s bill today that calls for a simple majority to back a snap election on 12 December. “I have consistently said that we are ready for an election and [...]
Mortgage approvals boosted as buyers rush ahead of Brexit October 29, 2019 Mortgage approvals were boosted last month as prospective buyers rushed to complete home purchases ahead of the 31 October Brexit deadline date. The latest figures from the Bank of England (BoE) showed mortgage approvals for house purchases reached 65,919 in September after falling to a three-month low of 65,681 the previous month. Read more: New [...]
Carrie Lam: Hong Kong set to record negative growth in 2019 October 29, 2019 Hong Kong leader Carrie Lam has said she expects the financial hub to record negative economic growth for 2019, as the territory grapples with ongoing and often-violent anti-government protests. Chief executive Lam was speaking two days after financial secretary Paul Chan said Hong Kong had fallen into recession and was unlikely to achieve any growth [...]
Weak oil prices and hurricanes push BP to $750m loss October 29, 2019 Lower oil prices and hurricanes knocked BP to a $749m loss in the third quarter, the energy giant revealed today as chief executive Bob Dudley prepared to bow out. Read more: Saudi Aramco insiders say the kingdom has set a date for the IPO The figures BP fell to a $749m loss in the three [...]
FTSE 100 dragged down by Brexit delay ahead of general election vote October 29, 2019 The FTSE 100 edged down this morning as Brexit uncertainty lingered over the City. European markets opened flat today, but UK traders took a more cautious approach ahead of another crucial day of voting in Parliament. London’s blue-chip index fell by 0.5 per cent to roughly 7,297 points, while the Dax was down by 0.2 [...]
Treasury confirms taxpayers will foot bill for melted 50p Brexit coins October 29, 2019 The Treasury has confirmed the taxpayer will be footing the bill for the special 50p coins minted to commemorate Brexit on 31 October that are now set to be melted down. The Treasury confirmed to City A.M. that it was paying for the production and circulation of the coins, as they were due to become [...]
Brexit: PM’s pre-Christmas election gambit under pressure October 29, 2019 The Prime Minister’s last attempt to secure an election this side of Christmas could still struggle Last night the government tabled a motion for an election that includes the date – 12 December – in a bid to convince critics who say he can’t be trusted not to push back the date and force a [...]