Badenoch slammed for ignoring Brexit realities and telling UK firms global trade ‘isn’t too tough’ June 20, 2023 Kemi Badenoch has been criticised by business groups for trying to “shift the blame” after she told British businesses that international trade “isn’t too tough”. The business and international trade secretary said today that the UK has “too many negative tropes about how difficult it all is”. Speaking at the launch of the first e-commerce [...]
FTSE 100 close: Interest rate concerns linger as NatWest heads lower June 20, 2023 London’s FTSE 100 struggled for gains today as investors took a cautious approach before the Bank of England’s expected 13th straight interest rate rise on Thursday. The capital’s premier index shed 0.25 per cent to close at 7,569.30 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
MPs vote to sanction Boris Johnson after ‘damning’ privileges committee report June 19, 2023 Boris Johnson will no longer have a pass to Parliament after MPs voted to back sanctions against him in the apparent final chapter of his parliamentary career. Watched over by Sir Ian McKellen, MPs debated the privileges committee report which ruled the former prime minister had “deliberately misled” and committed “serious contempt”. It followed an [...]
Everybody wins: Post Brexit trade deal with 65 nations will cut import costs and save Brits millions June 19, 2023 Developing nations are set to benefit from reduced tariffs under a new post-Brexit trading scheme launched by the UK. The Developing Countries Trading Scheme (DCTS) scheme will cut import costs for 65 countries, including 37 African nations and 26 states in Asia, Oceania and the Middle East. It will save UK firms and consumers £770m [...]
‘A massive mistake’: Liz Truss bemoans Boris Johnson’s removal after Brexit mandate June 16, 2023 Liz Truss has waded into the fallout over the partygate report which found her predecessor Boris Johnson lied to Parliament, branding his removal a “massive mistake”. The former prime minister, who stood down after a short and tumultuous premiership last autumn, told GB News that Johnson had a “huge mandate” in support of Brexit. Asked [...]
How the Home Office made it easier for English football to sign foreign youngsters June 16, 2023 A little over two years after English football shut the door on a host of foreign talent by implementing strict post-Brexit rules, it prised it open again this week when the Home Office approved a relaxation of the regulations. The biggest change affords clubs more scope to appeal for an exception to be made if [...]
‘US investors back themselves’: Why WE Soda will be heading to New York after snubbing London June 15, 2023 London was dealt a fresh blow yesterday when soda ash firm WE Soda revealed it had scrapped its plans to float in London just one week after making the announcement.
Analysis: The Boris Johnson report and the end of a self-styled Cincinnatus June 15, 2023 Boris Johnson, the man who led us through an unprecedented pandemic, set his own precedent when he misled Parliament over breaking lockdown rules.
‘This is a load of complete tripe’: Boris Johnson’s 1,700-word response to damning privileges committee report – read it in full June 15, 2023 Here is the full text of Boris Johnson’s statement in response to the Privileges Committee’s report: Boris Johnson’s response to Privileges Committee report It is now many months since people started to warn me about the intentions of the Privileges Committee. They told me that it was a kangaroo court. They told me that it [...]
Bailey holds the torch for a proud UK tradition – failing our monetary policy June 15, 2023 Andrew Bailey and the economists at the Bank of England are part of a long line of people who have failed Britain’s monetary policy, writes Will Cooling