Libor broker banned by regulator for dishonest trades May 29, 2019 A broker who was acquitted of helping jailed former UBS trader Tom Hayes rig the Libor benchmark has today been banned by the regulator for dishonesty. Terry Farr, who was formerly a manager on the Japanese Yen desk at brokerage Martins, has been banned by the Financial Conduct Authority (FCA) from regulated financial activity. Read [...]
Matt Hancock breaks Tory clean campaign pledge with broadside against Boris Johnson May 29, 2019 Health secretary and Tory leadership candidate Matt Hancock has gone against a “clean campaign pledge”, lashing out in an interview with the Financial Times at Boris Johnson and his past anti-business comments. Read more: Sajid Javid declares bid to run for Tory leader Addressing Johnson’s alleged and much-criticised remark, reportedly made in June 2018, Hancock said: [...]
Twitter mocks Dominic Raab’s now infamous Tory election race video May 29, 2019 Tory leadership hopeful Dominic Raab has been roasted online for what viewers claimed was a rather awkward clip setting out his political ambitions for the UK. Read more: Tory leadership race: Who are the leading candidates? The video, filmed in Parliament Square, sees the former Brexit secretary scanning the horizon before turning dramatically to face [...]
Mind the expectation gap: Sadiq Khan is a disappointment to London May 29, 2019 When Sadiq Khan was elected as London mayor just over three years ago, it was off the back of some big promises. The new mayor reassured us that he was going to make our city a “safe and secure place”. He pledged that we wouldn’t pay a penny more to travel around the capital, although this [...]
EU leaders tell UK the Brexit deal cannot be renegotiated May 28, 2019 EU leaders have ruled out any renegotiation of the Brexit deal as Theresa May once again called for MPs to compromise. Arriving for her final summit in Brussels on Tuesday, numerous leaders made it clear to May the proposal which has been rejected by the UK parliament three times was the only deal on offer. Outgoing [...]
BBC calls on top presenters for Tory leadership race debates May 28, 2019 The BBC has confirmed it will host a series of TV debates and interviews as Tory leadership hopefuls battle it out to become the next Prime Minister. BBC News will put on a series of special programmes, including a debate between all the candidates in the leadership race in mid-June, moderated by Newsnight presenter Emily Maitlis. [...]
EU leaders meet to mull over potential candidates for top jobs May 28, 2019 EU leaders are meeting in Brussels today to mull potential candidates for the organisation's top jobs, including the head of the commission, currently held by Jean-Claude Junker. The EU heads meet a day after results came in for the EU parliamentary elections, in which centrist mainstream parties lost ground to smaller parties including nationalists, liberals and greens. [...]
Tony Blair: Jeremy Corbyn made ‘same mistake’ on Brexit as Theresa May May 28, 2019 Tony Blair has blamed Jeremy Corbyn's lack of clarity for Labour’s disastrous performance in the European elections, saying he made the “same mistake” as Theresa May in trying to “sit on the fence” on Brexit. Read more: Alastair Campbell expelled from the Labour Party Despite admitting to having voted Labour “without any great enthusiasm” on [...]
Alastair Campbell expelled from the Labour Party May 28, 2019 Tony Blair’s former spin doctor Alastair Campbell has been kicked out of the Labour Party. Campbell, who helped mastermind Labour’s 1997 general election landslide victory, revealed on Sunday he voted for the Lib Dems in the European elections as he supported the party’s anti-Brexit stance. He took to Twitter on Tuesday afternoon to confirm he [...]
Equality watchdog launches probe into Labour antisemitism claims May 28, 2019 The Equality and Human Rights Commission has launched a formal probe into claims of antisemitism within Jeremy Corbyn's Labour party. The investigation will seek to establish whether Labour has discriminated against, harassed or victimised anybody because they are Jewish. The commission launched the probe after "receiving a number of complaints about allegations of antisemitism" within [...]