Our politicians should rise above Trump’s taunts June 4, 2019 Today marks 30 years since China used brutal force against pro-democracy protesters in Tiananmen Square. Read more: Trump receives royal welcome at Buckingham Palace It is an appropriate time to reflect on our continued good fortune to live in a country where protest movements grow and march without impediment. In this spirit, the anti-Trump demonstrations in the [...]
Neil Woodford’s flagship fund suspends trading to protect investors June 3, 2019 Veteran investor Neil Woodford's flagship fund has suspended trading after a spike in investor redemptions. Link Fund Solutions, which is the corporate director of the fund, said it was "in the best interests of all investors in the fund to suspend the issue, cancellation, sale, redemption and transfer of shares" in the Woodford Equity Income [...]
US manufacturing sector grows at slowest rate in 10 years in May June 3, 2019 The US manufacturing sector grew at its slowest rate since 2009 in May, according to survey data released today, in a sign that the world’s biggest economy is losing momentum. Read more: European stock markets bleed red as Trump takes trade war to Mexico Tariffs were widely blamed for dampening demand and increasing costs, helping [...]
US President Trump greets Queen at Buckingham Palace in UK state visit June 3, 2019 Donald Trump met the Queen for the second time as President this morning as he began a three-day UK state visit to the UK to coincide with the 75th anniversary of D-Day. Trump's first state visit to Britain will see him meet with an array of politicians and royalty and began at Buckingham Palace, where he [...]
Kremlin says it hopes US investor Michael Calvey will be freed June 3, 2019 The Kremlin said it hopes US investor Michael Calvey, who is under house arrest in Russia, will be freed and able to attend an economic forum in St Petersburg this week. Calvey, who founded private equity group Baring Vostok, was detained in Russia in February over embezzlement charges. The businessman has denied wrongdoing and alleges that [...]
‘Stone cold loser’: Trump slams mayor of London Sadiq Khan during state visit June 3, 2019 US President Donald Trump slammed mayor of London Sadiq Khan on Twitter only minutes before touching down ahead of his controversial UK state visit this morning. Read more: Trump touches down in London ahead of controversial state visit Trump tweeted that Khan, who has been highly critical of the state visit, “has done a terrible [...]
European stocks stabilise following US-China trade war escalation June 3, 2019 European stocks stabilised following a slump this morning sparked by the escalation of the trade war between the US and China, the world’s two largest economies. The FTSE 100 was trading 0.16 per cent up this afternoon after falling 1.09 per cent to 7,084.5p in the morning. Dax, which tracks 30 major German companies, was up 0.3 [...]
Trump touches down in London ahead of controversial state visit June 3, 2019 US President Donald Trump and his wife Melania have touched down at Stansted Airport in London ahead of their controversial state visit, which will see them dine at Buckingham Palace and the President meet outgoing Prime Minister Theresa May for talks. Read more: Trump tells UK: Include Farage in Brexit talks and prepare for no [...]
Blame polarising primaries for Democrats’ shift to the far left June 3, 2019 As an American working in Westminster, I often get asked about the differences between US and British politics. Obviously, the entire American political spectrum is shifted to the right, we’re still fighting hard battles on social issues, and there is the added interplay of state level policies. But there’s an obvious similarity. The divide between [...]
Business groups should be happy with Javid’s infrastructure plan June 3, 2019 This newspaper applauded the Tory leadership contest's emerging battle of ideas last week, a trend that happily continued over the weekend with candidates launching a range of new policy proposals. Former City banker Sajid Javid grabbed headlines by revealing that he could scrap the top rate of income tax, and this morning bulks up his [...]