Tory leadership results: Raab crashes out as Johnson storms through June 18, 2019 Former Brexit secretary Dominic Raab has crashed out of the Tory leadership contest after failing to secure the support of enough colleagues and bringing in just 30 votes. Read more: Tory leadership vote: How the second round works Meanwhile Boris Johnson’s march towards Downing Street picked up speed as he cemented his place in the [...]
Bank of England official warns UK reliant on ‘flighty’ capital June 18, 2019 A Bank of England (BoE) official has today warned that since the Brexit referendum in 2016 Britain’s economy has become vulnerable to foreign money being withdrawn at short notice. Read more: Bank of England chief economist says rate rise on horizon Anil Kashyap, a member of the Bank’s financial policy committee (FPC), also warned that [...]
EU must drop its City hostility in UK trade talks, warns Brexit secretary June 18, 2019 The European Union must drop its hardline approach to relations between the City and the continent after Brexit, a cabinet minister has warned. The EU insists London’s finance sector must be closely-tied to the bloc’s own regulations in order to grant market access post-Brexit, despite calls for a more wide-ranging and preferential deal in light [...]
The only thing Tory party members fear more than no Brexit? Jeremy Corbyn in No.10 June 18, 2019 The only situation that Tory party members would rather not see than an undelivered Brexit is a Jeremy Corbyn government, a new poll has found. Tory party members would rather see the destruction of their party, the reunification of Ireland and Scottish independence if it ensured Brexit went ahead, according to a YouGov survey. Read [...]
Tory leadership vote: How the second round ballot works June 18, 2019 Tory leadership hopefuls face another hurdle in the race to become the next Prime Minister when a further round of voting takes place today. Who are the Tory leadership contenders? With 114 MPs backing him, Boris Johnson is guaranteed a place in the final two, where he will face either: Michael Gove Sajid Javid Jeremy [...]
Man pleads guilty to Nigel Farage milkshake assault June 18, 2019 A man today pleaded guilty to throwing a milkshake at Brexit party founder Nigel Farage in Newcastle city centre. Paul Crowther, 32, of Holeyn Road in Throckley, Newcastle-Upon-Tyne, admitted to charges of common assault and criminal damage at North Tyneside Magistrates’ Court today. Read more: Man charged with assault after milkshake hits Nigel Farage The [...]
Sterling falls to fresh 2019 low as Boris Johnson gathers support June 18, 2019 Sterling has fallen to a fresh 2019 low as Boris Johnson’s leadership bid goes from strength to strength – ramping up the chances of a no-deal Brexit. The pound slid to $1.2514 overnight – its lowest level since 11 December last year – before recovering slightly. Read more: Andrea Leadsom backs Boris Johnson in race [...]
Andrea Leadsom backs Boris Johnson in race to Number 10 June 18, 2019 Andrea Leadsom has backed Tory leadership frontrunner Boris Johnson’s bid to become the country’s next Prime Minister. Read more: Matt Hancock backs Boris despite no-deal Brexit risk The former leader of the House of Commons called Johnson an “election winner” and voiced support for Johnson’s pledge to pull the UK out of the EU. “I [...]
Which stocks are in the dividend danger-zone? June 18, 2019 Dividends are one of the perks of the stock markets. While investors can opt to take dividends as cash, reinvesting them can have a powerful impact on your portfolio. According to analysis from Fidelity, if you’d invested £100 a month in the FTSE All Share index over the past 30 years and reinvested all of [...]
Is Angela Merkel to blame for Europe’s woes? June 18, 2019 Sakrileg: the German word for sacrilege – that is, the violation or misuse of what is regarded as sacred. And yes, I’m about to go there by asking if the German Chancellor, Angela Merkel, been a disaster for Europe. I’ve been wondering if Merkel’s prolonged tenure at the Federal Chancellery has been extending the region’s [...]