Goldman Sachs ramp up no deal Brexit chances after Theresa May resigns May 26, 2019 US investment bank Goldman Sachs has ramped up its probability of a no-deal Brexit as leading Conservatives put themselves forward to replace Theresa May as Prime Minister. Goldman Sachs analysts raised the chances of the UK leaving the EU without a deal from 10 per cent to 15 per cent, citing the emergence of hardline [...]
Matt Hancock is the latest MP to join the race to become next Conservative leader May 25, 2019 Matt Hancock has become the latest MP to enter the race to replace Theresa May as Prime Minister. He joins Boris Johnson, Jeremy Hunt, Rory Stewart and Esther McVey in officially announcing their intention to become the next Conservative leader. Read more: Tory leadership race: Who are the leading candidates? Speaking to BBC this morning, Hancock said: "Yes. [...]
Liberal Democrats’ Vince Cable throws in the towel, triggering party leadership race May 24, 2019 Liberal Democrat head Vince Cable has followed the example of Prime Minister Theresa May and announced his resignation as party leader. The move triggers a leadership race in the party which formed a coalition alongside the Conservatives from 2010 to 2015, but has lost much of its support afterwards. Read more: Sir Vince Cable to [...]
Tory leadership race: Who are the leading candidates to replace Prime Minister Theresa May? May 24, 2019 Theresa May's resignation today kicks off a Tory leadership race that could see more than a dozen candidates throw their hats into the ring. The leadership battle had already begun, with leading candidates raising cash, putting together support teams and giving the Sunday papers softball interviews in their kitchens. Some leadership contenders have publicly stated [...]
Theresa May resignation live: Sir Graham Brady and Jeremy Hunt join race to replace Theresa May May 24, 2019 This is a live blog. Please refresh your page manually to get the latest updates. Welcome to our live blog as we follow all the latest developments on the day that Prime Minister Theresa May has announced that she will resign. May has served three years in Number 10 Downing Street but is set to [...]
Economists warn Theresa May’s departure makes no-deal Brexit more likely May 24, 2019 The departure of Prime Minister Theresa May ramps up the chances of Britain crashing out of the European Union without a deal, economists have warned following the PM’s speech confirming her resignation. Read more: Theresa May to resign as Conservative party leader on 7 June May announced that she would resign from the post on [...]
‘Exit on WTO terms is still a very real possibility’: City reacts to Theresa May’s resignation May 24, 2019 Business groups reacted today to the resignation of Theresa May as Prime Minister. The interim director of the Institute of Directors Edwin Morgan said: “To borrow a phrase, nothing has changed, or at least, very little has. A new leader will be faced with the same political challenges and the same economic realities. “No deal [...]
Theresa May’s resignation: Political allies and rivals react May 24, 2019 Prime Minister Theresa May said today she would step down as Prime Minister on 7 June after the failure of her flagship Brexit policy. Her resignation triggers a contest for the leadership of the Conservative Party and the keys to 10 Downing Street. Read more: Theresa May will quit as Tory party leader on 7 June [...]
Online clothes shopping helps UK retail sales beat economists’ expectations in April May 24, 2019 Online clothes purchases and warm weather helped UK retail sales beat economists' expectations in April, official statistics showed today. Read more: Bank of England upgrades UK economy growth forecast Britons bought 5.2 per cent more goods in April than in the same month a year earlier, the Office for National Statistics (ONS) figures, released today, [...]
Theresa May to resign as Conservative party leader on 7 June May 24, 2019 Theresa May has announced that she will step down as the Tory party leader on Friday 7 June in a tearful speech outside of 10 Downing Street. Following a meeting with the 1922 committee this morning, May informed chairman Sir Graham Brady of her intention to resign following three years as Prime Minister. The decision has also been [...]