Tory leadership race: Matt Hancock backs Boris Johnson June 17, 2019 Health secretary Matt Hancock today threw his support behind Tory leadership race frontrunner Boris Johnson to become the country’s next Prime Minister. Hancock quit the Conservative leadership contest last week. He has now opted to support the favourite, Johnson, despite ruling out a no-deal Brexit in his own campaign. Read more: ‘A long way to [...]
Hargreaves Lansdown leads exodus from second Woodford fund June 13, 2019 Hargreaves Lansdown has led an exodus from Neil Woodford’s Income Focus fund adding to the trader’s woes following the suspension of his flagship investment vehicle. Woodford’s Income Focus fund has shrunk by more than £100m in less than two weeks, according to data from Morningstar. Read more: Woodford issues apology to suspended fund investors Assets [...]
Woodford issues apology to suspended fund investors June 12, 2019 Beleaguered trader Neil Woodford has issued a second apology to investors in his frozen £3.7bn fund, saying he had been disappointed with its performance “for some time”. The letter, which was sent to independent financial advisers yesterday, follows the suspension of Woodford’s Equity Income fund last week. Read more: Opening the fund gate: How to [...]
Trump’s bluster shows why we need a rethink on world trade June 12, 2019 Helicoptered in to London and driven around in The Beast – an armoured limousine – what will the US President have seen during his state visit to the UK? A man who famously eyes up every opportunity, Donald Trump saw a weakened UK, lost in the Brexit escape rooms and vulnerable to the dark arts [...]
Michael Gove has come back before and he can do it again June 12, 2019 When the front pages of weekend newspapers began to spill online last Friday night, I realised a story I had been working on for a year was about to explode. ‘Gove: My cocaine confession’ was the most stark headline, accompanied by the first instalment of a serialisation of my unauthorised biography of the environment secretary. The book [...]
Neil Woodford’s investment trust shares rise after slide triggered by fund suspension June 11, 2019 Neil Woodford’s listed investment trust’s stock rose this morning following a share price slide after the former star trader’s flagship fund was suspended. Shares in Woodford Patient Capital Trust were up more than eight per cent today. Read more: FCA chief Andrew Bailey calls on Woodford to waive management fees The suspension of Woodford’s Equity [...]
Brexit dogma is a one-way ticket to extinction for London’s Tories June 11, 2019 As 11 candidates prepare to enter the race to succeed Theresa May as Conservative party leader and Prime Minister, London Tories have their own identity crisis to worry about. They just chalked up a new electoral record: 7.8 per cent of the vote, fifth place citywide, and zero MEPs returned to the European parliament. Ex-Tory [...]
‘Is this serious?’ Boris Johnson’s £39bn threat gives City the jitters June 10, 2019 Boris Johnson’s threat to withhold the UK’s £39bn Brexit divorce bill raised eyebrows in the City yesterday and provoked a strong reaction from across the Channel. The former mayor of London vowed to hold onto the cash to force the EU to give Britain a better withdrawal deal, as part of his pitch to become [...]
Boris Johnson vows to hold back £39bn Brexit divorce bill to force EU into a better deal June 9, 2019 Boris Johnson has threatened to force the European Union’s hand by withholding Britain’s £39bn “divorce” bill until it agrees to more favourable terms to leave. The former mayor of London made his first pitch to become Prime Minister by vowing to keep hold of the cash, scrap the Northern Irish backstop and guarantee the rights [...]
DEBATE: President Donald Trump’s state visit faced protests in London. Is it possible to separate the man from the office? June 7, 2019 As people protest Donald Trump’s state visit, is it possible to separate the man from the office? YES, says Olivia Utley, deputy editor at TheArticle. Heads of state and prime ministers, as their name tags at international conferences suggest, represent their states, not themselves. International relations, particularly in a complex multi-polar world, require that we [...]