London slips behind New York as world’s financial capital, survey says May 28, 2019 London has fallen behind New York as the city that most represents the world's financial centre, according to a report released today. A survey of finance professionals by consultants Duff & Phelps found 52 per cent of respondents chose New York as the world's pre-eminent financial centre, up from 42 per cent a year previously, [...]
Housing minister Kit Malthouse joins Tory leadership race, becoming 10th MP to put name forward May 27, 2019 Housing minister Kit Malthouse has become the 10th MP to enter the race to replace Theresa May as the country’s prime minister. A Leave campaigner, Malthouse has gained plaudits amongst Tory backbenchers since becoming MP for Hampshire in 2015, in particular for penning the so-called Malthouse Compromise plan to break the parliamentary deadlock on Brexit. [...]
Gove ‘to offer free British passports’ to 3m EU nationals living in UK at time of Brexit vote May 27, 2019 Environment secretary Michael Gove will pledge next week to offer free British passports to the 3m EU nationals who were living in the UK at the time of the Brexit referendum in 2016. The pledge underlines Gove’s entry into the race to replace Prime Minister Theresa May later this summer after she steps down next [...]
Tories and Labour in a spin after disastrous EU election results deliver victory to Nigel Farage May 27, 2019 Theresa May today lamented a "very disappointing night" for the Tories as voters deserted them in their droves for the Brexit party, the clear winner of the EU elections. May, who has pledged to step down as leader on 7 June, said she hoped the results would "focus minds" on finding a Brexit deal in parliament [...]
Elections that were never meant to happen have just transformed British politics May 27, 2019 The elections that were never meant to happen have had an immediate and dramatic impact on British politics. The Brexit Party, which didn't exist six weeks ago, now has more seats in the European Parliament than any party from any country. The Liberal Democrats, written off as a spent force before the local elections, are [...]
Home secretary Sajid Javid becomes the latest Tory to join leadership race May 27, 2019 Home Secretary Sajid Javid has said he will throw his hat in the ring to be the next leader of the Conservative party. In a video circulated today on Twitter, Javid said "first and foremost, we must deliver Brexit". He joins eight other Tory MPs who have declared their intention to succeed May, who said she will [...]
EU election results: Tories and Labour suffer heavy losses as Brexit party tops scoreboard May 27, 2019 Labour and the Tories have suffered a humiliating defeat in the European elections, having haemorrhaged votes to Nigel's Farage's Brexit party which won 29 seats in the European parliament. The Tories had one of their worst nights in electoral history, winning just four seats in the European Parliament and coming fifth place overall. Labour also performed badly, winning just [...]
Philip Hammond warns Tory leadership candidates against pursuing no-deal Brexit May 26, 2019 The Chancellor Philip Hammond has warned prospective Tory leaders not to ignore parliament by pursuing a no-deal Brexit. A number of leadership candidates, including bookies’ favourite Boris Johnson and former Brexit secretary Dominic Raab have made it clear they would walk away from negotiations and leave the EU without a deal on 31 October if [...]
Cobra Beer founder Lord Bilimoria set to be appointed next CBI president May 26, 2019 Cobra Beer founder and second referendum backer Lord Bilimoria is the leading candidate to become the next president of the Confederation of British Industry (CBI). The entrepreneur has been lined up to replace Tesco chairman John Allan at the helm of the influential business lobbying group, Sky News reported. Read more: Cobra's Lord Karan Bilimoria [...]
Michael Gove becomes eighth Tory MP to officially join leadership race to succeed Theresa May May 26, 2019 Michael Gove has officially entered the Tory leadership contest, becoming the eighth MP to join the race to succeed Theresa May. The environment secretary confirmed he would be running against Boris Johnson in a repeat to the 2016 leadership contest, which was won by May. Read more: Tory leadership race: Who are the leading candidates? [...]