Bank of England deputy recommends ‘British approach’ to post-Brexit financial regulation May 16, 2019 Britain's financial regulations should be just as strict following Brexit, but more power should be handed to regulatory bodies to create “dynamic” rules, Sam Woods, a deputy governor of the Bank of England, has said. Read more: EU officials mulling post-Brexit financial reforms Woods, who is also chief executive of the Prudential Regulation Authority (PRA), [...]
Prime Minister Theresa May to set out her departure date in June May 16, 2019 Theresa May will set out the date of her departure from Downing Street in the first week of June, it has been confirmed. Read more: Boris Johnson confirms he will stand for Tory leadership The Prime Minister met with the executive members of the Conservative backbench 1922 committee amid growing frustration with her leadership of [...]
Boris Johnson confirms he will stand in Tory leadership election May 16, 2019 Boris Johnson today confirmed he will stand in a Tory leadership election to replace Theresa May. Read more: Labour hand May a Brexit deal lifeline by refusing to vote down her plan The former foreign secretary told an insurance conference: “Of course I’m going to go for it.” https://twitter.com/huwbbc/status/1129004670184304642 Speaking at the British Insurance Brokers' Association [...]
Huawei poses a risk to national security and should be banned, says former spy chief May 16, 2019 Allowing Chinese tech firm Huawei to participate in the UK’s 5G network poses an unnecessary risk to national security, the former head of MI6 has warned. Sir Richard Dearlove has called for a total ban on Huawei, warning that no Chinese company could be free from the influence of the communist state. Read more: Huawei [...]
UK remortgaging rate jumps as owners cash in on low interest rates May 16, 2019 The number of people remortgaging their homes with additional borrowing spiked in March, according to data released today, as people took advantage of favourable interest rates. Read more: Experts warn of 'bumpy ride' for UK house prices Meanwhile the number of new loans to both movers and first time buyers fell in March year-on-year, figures from [...]
Theresa May to meet senior Conservative backbench MPs today in showdown over her future May 16, 2019 Prime Minister Theresa May is set to meet senior Conservative MPs today in a showdown over her future. Read more: Labour hand May a Brexit deal lifeline by refusing to vote down her plan May is holding talks with members of the executive of the backbench 1922 committee as pressure mounts on her to set [...]
The Brexit Party genie cannot be stuffed back into the bottle May 16, 2019 It was said of the French Bourbons during the Restoration following the Revolutionary and Napoleonic interregnum that “they had learned nothing, and forgotten nothing”. Utterly oblivious to how France had changed since Louis XVI had been driven from the throne, his relatives proceeded to attempt to roll back the clock and restore their vision of [...]
Let’s celebrate the British contrarians bold enough to challenge the status quo May 16, 2019 It is easy to spot the ruthless persecution of individuals who challenge the status quo in countries like Venezuela and Cambodia, where dissent is violently silenced by autocrats. Yet in modern Britain, we too are adept at suppressing it ourselves, with offence-taking used as tool to shut down discussion. However, there are a handful that eschew [...]
Two-thirds of small businesses say government is not on their side, new poll reveals May 16, 2019 Two-thirds of small businesses do not feel the government is on their side, a new survey has revealed in a report calling for a radical shake-up of the tax system. A YouGov poll for the Centre of Policy Studies think-tank shows 62 per cent of small business owners and managers don’t believe those in power [...]
Brexit could be cancelled if you vote down May’s deal, cabinet ministers tell MPs May 15, 2019 Brexit could be abandoned entirely if MPs vote down Theresa May’s deal for a fourth time next month, one of the cabinet’s leading Leave advocates has warned. International Trade Secretary Liam Fox urged MPs to “carry out their part of the bargain” which was struck with voters when the they backed a referendum in 2016 [...]