US-China trade war: China retaliates with tariffs on $60bn of goods following US levy hike May 13, 2019 China’s ministry of finance has announced that it will place tariffs of between five and 25 per cent on $60bn worth of US goods in retaliation for America’s more significant duty increases. Read more: European markets take a hit over US-China trade war escalation It will target around 5,000 US goods from 1 June, the [...]
Fund manager Neil Woodford doubles stake in Card Factory despite high street woes May 13, 2019 Former star trader Neil Woodford has doubled his stake in Card Factory despite high street footfall woes hitting the retailer’s sales last year. Woodford Investment Management has increased its stake in the greeting cards retailer to 10.06 per cent, in a significant bet on the company boosting its performance. Read more: Neil Woodford's billion-dollar baby [...]
Conservatives sink to fifth in London, shows latest Euro election poll May 13, 2019 The Conservatives have slipped to a humiliating fifth place in London, according to a new opinion poll ahead of the European elections. Read more: Tories fall to fifth place in polls as Brexit party snaps up voters A survey carried out by Yougov shows that just 10 per cent of Londoners are planning to back [...]
Tories fall to fifth place in opinion polls as Nigel Farage’s Brexit party snaps up voters May 13, 2019 The Conservatives have slumped to fifth place in an opinion poll ahead of the European elections later this month. Read more: Cabinet allies begin to abandon May as Tories languish in polls The Tories were placed at just 10 per cent, behind almost every major political party, according to a Yougov poll commissioned by the [...]
Tesla CEO Elon Musk faces trial over British diver ‘pedo’ tweet May 13, 2019 Elon Musk is set to face trial after calling a diver who helped rescue the Thai schoolboys trapped in a cave a ‘pedo’ in a tweet. Vern Unsworth is suing Tesla founder Musk after the billionaire called him a “pedo guy” on Twitter. Read more: Why Elon Musk now owes $507m to banks The Brit [...]
Sir Keir Starmer: Labour MPs would reject Brexit deal without second referendum May 13, 2019 Shadow Brexit secretary Sir Keir Starmer has warned up to 150 Labour MPs would reject any Brexit agreement that did not include a second referendum. Starmer said more than two-thirds of Labour MPs could oppose any deal that did not include a public vote, meaning it would be unlikely to pass through Parliament. Read more: [...]
Tariffs are just the first shot in the looming US-China war May 13, 2019 As a friend of mine who works in higher maths put it: “John, if America as an integer is present in every major foreign policy equation, and if after 75 years that integer radically changes, then everything changes”. Donald Trump’s America is that rarest of beasts: the strongest global power distrustful of the very global order [...]
Britain has too many shops – no wonder more and more are being boarded up May 13, 2019 Boarded-up shop fronts are a common sight during recessions. In the early 1990s, they became an eyesore for town centres and the Conservative government alike, an everyday visual reminder of the economic slump that dragged the Tories lower and lower in the polls (albeit not low enough to deliver Neil Kinnock into Downing Street, once [...]
UK voters think the Brexit Party and Change UK will disappear in 10 years May 13, 2019 They may only just be getting started, but the majority of Britons think the newly formed Brexit Party and Change UK will disappear within a decade. A YouGov poll has found that nearly two thirds of those surveyed said they believed Nigel Farage's party would disappear in the next ten years, while 56 per cent [...]
Sir Philip Green loses his billionaire status May 12, 2019 Sir Philip Green has lost his billionaire status, rounding off a torrid 12 months for the scandal-hit fashion mogul. For the first time since 2002, Green can no longer count himself a member of the billionaires club after seeing his personal fortune halve over the course of the last year. The Topshop tycoon and his [...]