Funding Circle investors face four month wait to withdraw cash September 28, 2019 Funding Circle is conducting an internal review after it was revealed investors are having to wait more than 16 weeks to withdraw cash. The peer-to-peer platform told The Times it was “exploring a range of options” to tackle the problem delaying investors from selling their loans in its secondary market. Funding Circle has around 80,000 [...]
Vote of no confidence in Boris Johnson could happen ‘next week’, says SNP MP September 28, 2019 A vote of no confidence in the current government could be held as soon as next week according to senior SNP MP Stewart Hosie. Hosie said removing Prime Minister Boris Johnson from office may be the only way to guarantee the avoidance of a no-deal Brexit. SNP leader Nicole Sturgeon also suggested on Friday she [...]
Senior official for Brexit planning and head of the Border Delivery Group set to quit September 28, 2019 The director general for EU exit implementation is set to quit his role just weeks before the UK is due to leave the European Union. Matthew Coats will step down from his post as one of the UK’s most senior ranking officials for Brexit planning in the latest upheaval of the civil service, according to [...]
Oil prices fall on possible limit to China investments September 28, 2019 The price of oil fell on Friday and was down for the week after an escalation in trade tensions between the US and China as well as a faster-than-expected recovery from Saudi Arabia’s oil production. During a volatile session, Brent fell 83 cents to end the day at $61.91 per barrel. Read more: Oil prices [...]
Boris Johnson referred to police watchdog over links with Jennifer Arcuri September 28, 2019 The police watchdog will decide whether or not to investigate Prime Minister Boris Johnson after it was alleged he gave favourable treatment to businesswoman Jennifer Arcuri during his time as London mayor. Johnson was referred by the Greater London Authority on Friday and the Independent Office for Police Conduct (IOPC) will consider whether it is [...]
US Secretary of State Mike Pompeo subpoenaed by Democrats over Trump-Ukraine scandal September 28, 2019 The US Secretary of State has been subpoenaed by the House Democrats as the impeachment proceedings against Donald Trump escalate. Mike Pompeo has been ordered to turn over documents relating to Trump’s dealings with Ukraine. The heads of three House committees have formerly written to Pompeo to demand he produce the documents within a week. [...]
Ukraine corruption investigators probe gas firm – but not Hunter Biden September 27, 2019 Ukraine’s anti-corruption bureau has said changes to a Ukrainian energy firm’s board in May 2014, when Democrat Joe Biden’s son Hunter Biden joined, are not under investigation. In a statement the National Anti-Corruption Bureau (Nabu) revealed that changes to the board at that time, which saw the son of former vice-president Joe Biden and other foreign [...]
Labour MP Jess Phillips feels ‘worried and frightened’ after office attack and death threats September 27, 2019 Labour MP Jess Phillips has revealed she feels “jumpy and worried and frightened” after a man was arrested on Thursday outside her constituency office for allegedly “banging the windows” and shouting “fascist”. She also revealed she has had a number of death threats, including one that told her to “be afraid, be very afraid”. A [...]
Dominic Cummings: Anger at MPs ‘not surprising’ says Prime Minister’s adviser September 27, 2019 Boris Johnson’s special adviser has said that the abuse directed at MPs over Brexit is “not surprising”. Dominic Cummings, the former Vote Leave campaign director, said the threats and anger would stop if MPs were to “respect” the referendum result. Read more: Bank of England could cut interest rates if Brexit uncertainty persists, says MPC [...]
Bank of England could cut interest rates if Brexit uncertainty persists, says MPC member September 27, 2019 The Bank of England may need to cut interest rates even if a no-deal Brexit is avoided, according to a member of the monetary policy committee (MPC), which sets the rates. Michael Saunders has said that the Bank may have to cut rates if the “slow puncture” effect on the economy from Brexit uncertainty persists. [...]
