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 [...]
FTSE 100 spikes as Trump whistleblower complaint sinks Asian and US stocks September 27, 2019 The FTSE 100 opened up again today after surging to an eight-week high yesterday, but later giving back some gains. Read more: FTSE 100 rises as US-China trade talks boost European stocks London’s main market climbed 0.96 per cent to 7,421.65 points as it opened, after the fallout from President Donald Trump’s whistleblower complaint hit [...]
White House wanted to ‘lock down’ transcript of Donald Trump’s Ukraine call September 26, 2019 Donald Trump’s White House tried to “lock down” all records of the President’s phone call with his Ukrainian counterpart in which he asked the leader to dig up dirt on political rival Joe Biden, according to a whistleblower complaint. Read more: Strap in, impeaching Trump will be a bumpy ride White House officials said they [...]
Strap in, impeaching Trump is going to be a bumpy a ride September 26, 2019 On Tuesday night, speaker of the House of Representatives Nancy Pelosi announced an impeachment inquiry into the unlawful conduct of the US President. Donald Trump is therefore almost certainly going to become the third American President in history to be impeached by the House – the first step in a long process that could signal [...]