Sajid Javid suggests those risking English Channel crossing are not ‘genuine’ refugees January 2, 2019 Home secretary Sajid Javid has questioned whether people who cross the English Channel to claim asylum in the UK are "genuine" refugees. Javid, who met Border Force guards during a visit to Dover, urged people not to risk their lives by making the journey from France and suggested that those who were tracked by the UK authorities [...]
Tesla shares fall as it cuts car prices and misses production estimates January 2, 2019 Shares in Tesla have fallen more than 10 per cent as markets opened this afternoon, after the electric vehicle manufacturer said it would be cutting the prices of its cars by $2,000 (£1,586). The carmaker was forced to partially absorb the cost of changes to a US green tax credit for electric vehicles, which almost halved yesterday to [...]
Theresa May will ‘find a way’ to get her Brexit deal through parliament, says Jeremy Hunt January 2, 2019 Theresa May will "find a way" to get her Brexit deal through parliament, foreign secretary Jeremy Hunt has said. In Singapore today the foreign secretary said May would be able to get her deal through the Commons once she has come back with "reassurances" from the EU on the Irish backstop that has prevented many MPs from [...]
Debenhams share price plunges as investors fear disappointing Christmas trading January 2, 2019 Shares in Debenhams plunged almost nine per cent this morning amid fears of poor trading over the festive period. The department store chain saw its share price tumble to 4.68p on the first day of trading in 2019, ahead of an update due on 10 January. The sliding shares suggest investors have low expectations for [...]
FTSE 100: These are the biggest winners and losers of 2018 January 2, 2019 THE UK market felt the impact of Brexit last year as politicians scrambled to reach a deal on Britain’s fast approaching departure from the European Union. With a vote on Theresa May’s heavily criticised deal not expected until mid-January, and as the government pumps billions into planning for a no-deal Brexit scenario, it seems unlikely [...]
Elizabeth Warren looks to challenge Trump in 2020 race January 1, 2019 US senator Elizabeth Warren has become the first to throw her hat in the ring as the Democratic Party searches for a challenger to run against President Donald Trump in 2020. The liberal firebrand said yesterday she was forming an exploratory committee, the first step along the path to challenge for the party’s nomination. The [...]
Euro at 20: Time for ‘close and candid introspection’ rather than celebration January 1, 2019 The 20th anniversary of the euro should not be cause for celebration but for “close and candid” introspection. European Central Bank president Mario Draghi admitted he was a biased observer when proclaiming the euro had been a success ahead of its 20th birthday yesterday. But he stopped short of celebrating and said the anniversary was [...]
Theresa May still has ‘more work to do’ to secure Brexit deal with EU December 31, 2018 A spokesperson for the Prime Minister has said Theresa May still has "more work to do" in order to secure assurances on the UK's exit from the European Union before the next parliamentary debate. May is said to have spoken to EU leaders over the Christmas period about reassurances on the deal, particularly on the so-called [...]
Donald Trump set to visit the UK for the second time in May December 31, 2018 US President Donald Trump may visit the UK for a second time in May next year, as part of a rescheduled state visit with Theresa May to coincide with 100 years since the end of the Second World War. Woody Johnson, US ambassador to the UK, told the BBC today that the centenary commemoration "would be [...]
UK house prices 2019: What experts say will happen after Brexit December 31, 2018 Has there ever been a more difficult time to predict the future of UK house prices? Political uncertainty looms large over the UK’s property market, but experts have nonetheless given their expectations for the year to come. Bank of England governor Mark Carney showed how dangerous the numbers game can be in November, when he had [...]