Eurozone manufacturing sector shrinks for fourth straight month June 3, 2019 The Eurozone’s manufacturing downturn continued in May, according to survey data released today, with the sector contracting for the fourth successive month. Read more: Eurozone sees weak growth in May amid stagnant demand Weakness in Germany was once again a major drag on the overall Eurozone’s performance as it registered another marked contraction, today’s IHS [...]
UK manufacturing sector shrinks to 34-month low in May on Brexit woes June 3, 2019 The UK manufacturing sector sharply contracted in May as the Brexit stockpiling boost seen in March continued to unwind, with a major industry gauge today seeing its worst score for 34 months. Read more: UK manufacturing orders slump in May while stocks grow amid Brexit impasse Manufacturers said they found it much harder to convince [...]
Jeremy Hunt would accept a no-deal Brexit ‘with a heavy heart’ June 3, 2019 Jeremy Hunt has said he would lead Britain out of the European Union without a deal if he had no other choice, but that he would do so with a heavy heart. The foreign secretary, who is running for Tory leadership after Theresa May threw in the towel last month, said this morning such a [...]
Trump touches down in London ahead of controversial state visit June 3, 2019 US President Donald Trump and his wife Melania have touched down at Stansted Airport in London ahead of their controversial state visit, which will see them dine at Buckingham Palace and the President meet outgoing Prime Minister Theresa May for talks. Read more: Trump tells UK: Include Farage in Brexit talks and prepare for no [...]
Blame polarising primaries for Democrats’ shift to the far left June 3, 2019 As an American working in Westminster, I often get asked about the differences between US and British politics. Obviously, the entire American political spectrum is shifted to the right, we’re still fighting hard battles on social issues, and there is the added interplay of state level policies. But there’s an obvious similarity. The divide between [...]
Eurostar warns of ticket price hike as High Speed 1 threatens to raise fees June 2, 2019 Eurostar has warned that passengers could be hit with rising ticket prices after High Speed 1 (HS1) unveiled plans to hike its charges by more than 40 per cent. HS1, which connects London with the Channel Tunnel, has put forward plans to increase access fees to fund maintenance and upgrades to the line. Read more: [...]
Tory leadership hopeful Sajid Javid vows to renegotiate the backstop with ‘grand offer’ to Ireland June 2, 2019 Home secretary Sajid Javid has set out a "grand offer" to avoid the need for the backstop by paying all the costs necessary to create a digitised border on the island of Ireland. The Tory leadership hopeful said it was still possible to renegotiate the Irish backstop – the insurance policy designed to prevent a hard border [...]
Donald Trump tells UK: Include Nigel Farage in Brexit talks and prepare for no deal June 2, 2019 The UK should be prepared to pursue a no-deal Brexit and Nigel Farage should be made part of the negotiating team with Brussels, Donald Trump has said. Speaking before his state visit to the UK tomorrow, the US president waded into the Brexit crisis by saying the UK should be prepared to "walk away" if Brussels does [...]
Consumer sentiment hits eight-month high despite Brexit uncertainty June 1, 2019 UK consumers reported an improvement in their personal finances and more positive outlook for the year ahead in May, according to the monthly survey by market researchers GfK. The economy has continued to grow slightly thanks to solid demand from households, despite businesses pausing any major investments as they await the latest in the Brexit [...]
David Cameron takes up role with US artificial intelligence firm June 1, 2019 Former Prime Minister David Cameron has been appointed by US artificial intelligence company Afiniti to chair its advisory board. Cameron has kept a low profile since resigning as Prime Minister following the 2016 EU referendum in which the UK voted to leave, and is one of his most prominent appointments since. Read more: Donald Trump's [...]