Jeremy Hunt calls no-deal Brexit ‘political suicide’ as Matt Hancock backs ‘mission critical’ Brexit May 28, 2019 Tory leader hopeful Jeremy Hunt has warned that a no-deal Brexit would be “political suicide” as heavyweights set out their stalls ahead of next month’s party leadership contest. Read more: Brexit party storms ahead in EU elections as voters shun Labour and Tories Instead of pushing for the UK to crash out of the EU, [...]
Sports Direct HQ sold to Malaysian pension fund for £120m May 28, 2019 Mike Ashley’s Sports Direct has confirmed the freehold sale of its headquarters to a Malaysian pension fund. The sportswear retailer, which will continue to occupy the building on a 15-year lease, said this morning that it has sold its logistics centre to Kwasa Logix Sportivo for more than £120m in cash. Read more: Debenhams versus [...]
M&G Investments rejects hostile takeover of Provident Financial May 28, 2019 M&G Investments has announced that it will reject a hostile takeover of Provident Financial by rival sub-prime lender Non-Standard Finance. The investment firm, which owns 1.7 per cent of Provident’s stock, has joined Schroders and Coltrane in confirming it will refuse to back the deal. Read more: Non-Standard Finance confident of watchdog support for £1.3bn [...]
Farewell to Theresa May, the most ineffectual Prime Minister in modern history May 28, 2019 When Theresa May departs from Number 10 for the final time, her portrait will be added to the collection which snakes down the main staircase. It is the ritualised ending for all Prime Ministers, good, bad or indifferent. It will be hard for her to walk down those stairs without thinking of her legacy, and [...]
As Brexit rages, the European project unravels before our eyes May 28, 2019 While the London foreign policy commentariat obsesses over the pathetic soap opera that is Brexit, it almost entirely misses the obvious and strategically vital point next door: the European project is in irretrievable decline, becoming increasingly peripheral to any serious global geopolitical discussion. The just-concluded European elections, which have underlined the rise of populism and [...]
Narendra Modi’s India can be a valuable partner for Britain in tumultuous times May 28, 2019 Last week, we witnessed two momentous elections, and two nations at a crossroads. In the UK, the country engaged in a strategic game of votes in the European elections, and Theresa May met her inevitable fate as the latest victim of Brexit. In India, Narendra Modi won the largest democratic election to ever take place, [...]
Gove ‘to offer free British passports’ to 3m EU nationals living in UK at time of Brexit vote May 27, 2019 Environment secretary Michael Gove will pledge next week to offer free British passports to the 3m EU nationals who were living in the UK at the time of the Brexit referendum in 2016. The pledge underlines Gove’s entry into the race to replace Prime Minister Theresa May later this summer after she steps down next [...]
Tories and Labour in a spin after disastrous EU election results deliver victory to Nigel Farage May 27, 2019 Theresa May today lamented a "very disappointing night" for the Tories as voters deserted them in their droves for the Brexit party, the clear winner of the EU elections. May, who has pledged to step down as leader on 7 June, said she hoped the results would "focus minds" on finding a Brexit deal in parliament [...]
Elections that were never meant to happen have just transformed British politics May 27, 2019 The elections that were never meant to happen have had an immediate and dramatic impact on British politics. The Brexit Party, which didn't exist six weeks ago, now has more seats in the European Parliament than any party from any country. The Liberal Democrats, written off as a spent force before the local elections, are [...]
Special relationship? Poll reveals Brits favour Trump state visit going ahead May 27, 2019 The prospect of Donald Trump visiting the UK next month has elicited shock, disapproval and protest among the general public in recent months. It even looks set to prompt the return of a giant inflatable baby-blimp version of the controversial reality star-cum-leader of the free world. Read more: Trump will not address MPs during June [...]