Boris Johnson denies plan for post-Brexit ‘customs clearance sites’ in Ireland October 1, 2019 Boris Johnson has denied reports his government has proposed “customs clearance sites” as a way of getting around the Irish backstop to clinch a Brexit deal. Speaking to the BBC this morning, the Prime Minister rubbished reports which surfaced overnight as “a needless distortion.” Read more: City minister warns against turning away from EU rules [...]
The chancellor should deliver tax cuts, not more spending October 1, 2019 Sajid Javid used his major conference speech yesterday to announce a raft of new spending pledges. The chancellor’s focus was infrastructure and rural areas, with money promised for bus networks, roads, and the rollout of 5G. This sits alongside the strapline of this year’s Conservative party conference itself, which focuses on spending more on the [...]
Watchdog calls for clearer investor warnings in wake of Woodford saga September 30, 2019 The Financial Conduct Authority (FCA) will introduce tougher rules for funds that invest in hard-to-sell assets following the suspension of Neil Woodford’s flagship fund. In a policy statement published today, the financial regulator also said investors should be given better warnings about the risks they face if they want to be able to withdraw their [...]
Neil Woodford’s role at risk as listed fund suffers £232m loss September 30, 2019 Woodford Patient Capital Trust (WPCT) is considering the position of beleaguered fund manager Neil Woodford after the fund reported a £232m loss and a significant writedown in the value of its portfolio. WPCT said its assets dropped a further 21 per cent in value during the past three months, with chairman Susan Searle describing the [...]
Brexit Party leader Nigel Farage will run for Commons seat at next General Election September 29, 2019 Nigel Farage has confirmed that he will run to be an MP in any upcoming General Election, but Prime Minister Boris Johnson doubled down on ruling out a political pact between the Tories and the Brexit Party. A snap election is expected before the end of the year, with parliament in deadlock over Brexit. Read [...]
Jennifer Arcuri allegations are politically motivated, claims Boris Johnson September 29, 2019 Boris Johnson has claimed allegations that he gave favourable treatment to businesswoman Jennifer Arcuri during his time as London mayor are politically motivated. “Everything was done with full propriety,” the Prime Minister told the BBC this morning about his treatment of Arcuri’s firm while he was mayor. Read more: Boris Johnson referred to police watchdog [...]
Boris Johnson says he will not resign to avoid asking for Brexit delay September 29, 2019 Boris Johnson has dismissed suggestions he might resign to avoid having to ask the European Union for another Brexit delay beyond the end of October. The Prime Minister has pledged to take Britain out of the EU with or without a deal. But under the hastily-passed Benn Act, the Prime Minister must write to the [...]
Boris Johnson referred to police watchdog over links with Jennifer Arcuri September 28, 2019 The police watchdog will decide whether or not to investigate Prime Minister Boris Johnson after it was alleged he gave favourable treatment to businesswoman Jennifer Arcuri during his time as London mayor. Johnson was referred by the Greater London Authority on Friday and the Independent Office for Police Conduct (IOPC) will consider whether it is [...]
US Secretary of State Mike Pompeo subpoenaed by Democrats over Trump-Ukraine scandal September 28, 2019 The US Secretary of State has been subpoenaed by the House Democrats as the impeachment proceedings against Donald Trump escalate. Mike Pompeo has been ordered to turn over documents relating to Trump’s dealings with Ukraine. The heads of three House committees have formerly written to Pompeo to demand he produce the documents within a week. [...]
Dominic Cummings: Anger at MPs ‘not surprising’ says Prime Minister’s adviser September 27, 2019 Boris Johnson’s special adviser has said that the abuse directed at MPs over Brexit is “not surprising”. Dominic Cummings, the former Vote Leave campaign director, said the threats and anger would stop if MPs were to “respect” the referendum result. Read more: Bank of England could cut interest rates if Brexit uncertainty persists, says MPC [...]