Business groups warn South Western Railway strikes will hurt Christmas trade November 6, 2019 Business groups have slammed the rail union’s planned December South Western Railway strikes, predicting they will cause major disruption to Christmas trade. Drivers and train guards from South Western Railway (SWR) are planning on walking off the job for 27 days in December. Read more: RMT union announces 27 days of South Western Railway strikes [...]
General Election 2019: Welsh secretary Alun Cairns resigns over rape trial allegations November 6, 2019 Welsh secretary Alun Cairns has resigned following allegations his former aide “sabotaged” the trial of a rape victim. Ross England made claims about the victim’s sexual history in an April 2018 trial which led to its collapse. Yesterday Cairns denied knowing about this, but the BBC claimed to have seen an email sent to him in August [...]
Brexit latest: EU tells Boris Johnson to propose new commissioner November 6, 2019 The EU Commission’s incoming president has written a letter to Boris Johnson, telling the Prime Minister she expects him to propose a new candidate for commissioner. The letter, sent by Ursula von der Leyen today, suggests Johnson put forward a female name. Commission spokeswoman Dana Spinant told reporters: “The president-elect has sent a letter to [...]
No-deal Brexit remains biggest risk to European growth, IMF warns November 6, 2019 A no-deal Brexit remains the biggest threat to the economies of Europe, the International Monetary Fund (IMF) has warned, and could further damage already very weak growth. Read more: IMF warns 2019 global growth will fall to lowest since financial crisis The words of caution from the IMF come as Britain gears up for a [...]
General election: Ed Vaizey joins MPs stepping down in December November 6, 2019 Former cabinet minister Ed Vaizey has announced he will step down at the December general election. Calling it “one of the hardest [decisions] I have ever taken”, Vaizey said the time was right to move on. “I am passionate about the arts, our creative industries and technology and I want to specialise in these sectors,” [...]
Money walks: 15-minute daily stroll could give world economy $100bn boost November 6, 2019 Amid tit-for-tat trade wars and rising civil unrest, economists have been fretting over how to avoid another global economic slowdown. But new research has offered an unorthodox approach to boosting the world’s finances: a 15-minute walk. The world economy could grow by an average of $100bn a year until 2050 if all adults aged 18-64 [...]
Tory chairman James Cleverly defends ‘fake news’ clip of Labour’s Brexit strategy November 6, 2019 Tory chairman James Cleverly has denied that a clip of Labour’s shadow Brexit secretary was edited to suggest the party has “no plan” for leaving the EU. James Cleverly defended the use of the clip of Sir Keir Starmer’s appearance on Good Morning Britain, saying it was not “doctored”. Read more: Most Brits are left [...]
Hong Kong bourse posts profit drop amid civil unrest and trade war November 6, 2019 Hong Kong’s bourse has reported a fall in profit during the last quarter, as months of political unrest took its toll on the stock exchange operator. Profit at the Hong Kong Exchanges and Clearing (HKEX) hit HK$2.2bn ($217.8m) in the three months to September, tumbling 9.5 per cent compared to the same period last year. [...]
Eurozone ‘remains close to stagnation’ amid manufacturing slump November 6, 2019 The Eurozone remains close to stagnation, according to a fresh set of gloomy manufacturing figures released this morning. The bloc’s rate of growth was among the weakest seen in the past six-and-a-half years during October, underlining fears of a slowdown in some of Europe’s biggest economies. Read more: UK economy to hit decade-low even with [...]
Rape victim calls on Alun Cairns to quit cabinet amid Ross England row November 6, 2019 A rape victim has urged cabinet minister Alun Cairns to quit after his former aide “sabotaged” her trial. Welsh secretary Alun Cairns’ former aide, Ross England, made claims about the victim’s sexual history – that she denied – that led to the trial’s collapse in April 2018. Read more: Why London could hold the key [...]