Trump turns Twitter fire on Democrats as impeachment inquiry opens September 25, 2019 US President Donald Trump launched a frenzied Twitter attack on Democrats overnight as the party launched an official impeachment inquiry over allegations that he pressurised a foreign power to hurt rival Joe Biden. “The actions taken to date by the President have seriously violated the Constitution,” Democrat speaker of the House Nancy Pelosi said last [...]
Should Boris Johnson resign? Reaction to Supreme Court ruling September 24, 2019 Today the Supreme Court found that Boris Johnson had acted unlawfully in suspending parliament for five weeks ahead of the Brexit deadline. Saying the suspension took place in “unusual circumstances” , court president Lady Hale declared that “parliament has not been prorogued”, prompting speaker John Bercow to recall MPs to parliament for 11.30am tomorrow. Read [...]
Sterling rises as Supreme Court scuppers Boris Johnson’s Brexit plans September 24, 2019 Sterling has risen around half a cent against the dollar after the Supreme Court ruled that Prime Minister Boris Johnson’s move to prorogue parliament was unlawful. GBP rose to $1.2487 after Lady Hale announced the 11 justices’ unanimous decision that “parliament is not prorogued”. Read more: Bercow recalls MPs as Supreme Court rules parliament suspension [...]
Brexit: NCA finds ‘no evidence’ of criminal activity by Arron Banks or Leave.EU September 24, 2019 The National Crime Agency (NCA) has found “no evidence” that Leave.EU or its founder Arron Banks have committed criminal offences. The pro-Brexit campaign group was fined £70,000 by the Electoral Commission in May 2018, prompting the agency to launch a probe into the organisation. Read more: Met Police drop investigation into Arron Banks’ and Nigel [...]
Irn-Bru owner AG Barr’s share price rises despite plummeting profits September 24, 2019 Irn-Bru maker AG Barr’s share price rose in early trading as it clung onto its full-year outlook despite posting a huge drop in first half profit. Read more: Irn-Bru maker AG Barr’s share price crashes after profit warning The figures Revenue fell 10.5 per cent year on year to £122.5m for the six months to [...]
Nearly 500 Lloyd’s of London workers report sexual harassment September 24, 2019 Almost 500 employees at Lloyd’s of London have suffered or witnessed sexual harassment over the past 12 months, according to a damning survey released today. Lloyd’s CEO John Neal described the findings as “truly terrible” as the survey, carried out by the Banking Standards Board on behalf of the insurer, found “the experience of women [...]
Supreme Court set to deliver verdict on parliament prorogation September 24, 2019 The UK Supreme Court is set to decide if Prime Minister Boris Johnson acted illegally when he suspended parliament for five weeks before Brexit. An adverse ruling for the PM could disrupt his plans for a “do or die” Brexit on 31 October, when he has vowed to take the UK out of the EU [...]
Brexit stockpiling dents Card Factory profits September 24, 2019 Card Factory profits fell 14 per cent in the first six months of its financial year amid Brexit stockpiling despite like-for-like sales beating a negative high street. The figures Profit before tax dropped 14.4 per cent year on year to £24.3m for the six months to the end of July as Brexit stockpiling and the [...]
Supreme Court to rule on Boris Johnson’s parliament suspension tomorrow September 23, 2019 The Supreme Court will announce its decision on whether or not Prime Minister Boris Johnson’s move to prorogue parliament was illegal at 10.30am tomorrow. The UK’s highest court will reveal its ruling on the matter after hearing arguments for and against Johnson’s five-week suspension of parliament last week. Read more: Pannick stations: Battle lines drawn [...]
Eurozone comes close to a standstill as activity hits six-year low September 23, 2019 Economists warned the Eurozone was on the verge of stalling this month as demand for goods and services fell at its fastest rate since 2013. Slowing service sector expansion compounded a worsening manufacturing recession to knock the Eurozone’s composite output to a 75-month low of 50.4, according to IHS Markit’s Purchasing Managers’ Index (PMI). Read [...]
