Theresa May’s survival as Prime Minister will leave an impact long after Brexit December 18, 2018 Nothing has changed. That was the widely held conclusion from Theresa May surviving her no confidence vote last week. The Prime Minister has kicked the can down the road on putting her proposed withdrawal agreement to parliament. But parliamentary arithmetic is unaltered. Her deal, as it stands, still looks dead on arrival. In the absence of [...]
Branson’s Virgin Galactic blasted as ‘dangerous, dead-end tech’ by Aussie astronaut December 18, 2018 Virgin Galactic, the commercial space endeavour led by billionaire Richard Branson, has been rejected by an Australian astronaut as "dangerous" to human space flight. Spaceman Andy Thomas told reporters in Adelaide last night that while he supported what Branson was contributing to satellite technology, he was critical of his goals to take tourists into orbit. [...]
What might happen in 2019? A second referendum, an economic recession, and the political parties will fall apart December 18, 2018 Anyone posing as Mystic Meg in the current environment of political turmoil would either be very brave or a charlatan. In four months’ time, the UK could still be a member of the EU, or will leave in either a chaotic or an orderly manner; with a radically different or the same government; or still [...]
Breaking the current Brexit impasse could land Theresa May in even deeper trouble December 18, 2018 Despite efforts by the Labour party and other political opponents of the government in the House of Commons, it now looks very unlikely that Theresa May will put her Brexit proposal to a parliamentary vote this side of the New Year. But there may still be plenty of public disagreements and political wrangling ahead when [...]
Another day of unforced errors from Jeremy Corbyn December 17, 2018 For anyone wondering how on earth this government still finds itself ahead in the polls, yesterday's showing from the Labour leadership should prove informative. Around mid-afternoon the opposition let it be known it was calling a vote of no confidence in Theresa May if the Prime Minister did not confirm the date of parliament's meaningful [...]
City financier Edi Truell agrees to fund £500,000 to company to solve Irish border problem December 17, 2018 The question of the Irish border appears to have eluded many of our politicians, but one City financier has come up with his own solution. Edi Truell, co-founder of private equity and venture capital firm Disruptive Capital Finance, has said he is willing to stump up £500,000 to pay for a high-tech system for the Irish [...]
Jeremy Corbyn calls for vote of no confidence in Theresa May December 17, 2018 Jeremy Corbyn has called for a vote of no confidence in Theresa May, but pulled back from trying to force a general election. After an afternoon of confusion, the Labour leader announced he wanted a Commons vote because of the way May had handled the vote on her Brexit deal. The Prime Minister cancelled a [...]
Trump attacks Federal Reserve again in row over interest rates hike December 17, 2018 President Donald Trump has continued his spat with America’s central bank, the Federal Reserve, ahead of its interest rates announcement this week. The Fed is expected to raise interest rates for the fourth time this year on Wednesday, a decision Trump today called “incredible” on Twitter. “It is incredible that with a very strong dollar [...]
UK banks could be tested for climate change resilience from next year, according to Bank of England governor Mark Carney December 17, 2018 UK bank stress tests could include resilience to the impact of climate change from next year, Bank of England governor Mark Carney said. Carney said he was weighing up whether the risks and opportunities of climate change should included in the test, which is known as the exploratory scenario, the Financial Times reported. Banking stress [...]
Halo Top ice cream defrosted from the startup doldrums to become a retail success December 17, 2018 Junk food is, rightly, under assault. This year, we’ve seen the introduction of a sugar tax on soft drinks, and last month London mayor Sadiq Khan announced a ban on junk food advertising on the capital’s public transportation network. This comes after tougher TV advertising rules introduced last year, which meant that ads for food [...]