Number 10 hosts business leaders for post-Brexit trade talks June 30, 2016 Number 10 held discussions with a host of business leaders this morning to discuss trade after Brexit. The UK is reportedly planning to launch trade missions to the US, China, India and Commonwealth nations as it prepares to leave the EU after last week’s vote. BP’s Bob Dudley, easyJet chief executive Carolyn McCall and others from [...]
A Labour MP has warned the party is not a safe space for British Jews after she was abused at the launch of an event into anti-Semitism June 30, 2016 A Jewish Labour MP abused at the launch of the Chakrabarti report into anti-Semitism has slammed leader Jeremy Corbyn, saying the party “cannot be a safe space for British Jews” under his leadership. Ruth Smeeth was accused of collaborating with a Daily Telegraph journalist to smear the party at an event this morning which saw [...]
What does the Brexit vote mean for the public finances? June 30, 2016 Economists have warned the government's debt pile is set to jump following the UK's decision to leave the European Union. With growth forecasts being slashed and many fearing the UK is on the brink of a recession, the chances of the UK eradicating its budget deficit by the end of the decade are look slimmer. [...]
At the close: FTSE 100 climbs out of the Brexit bloodbath after major losses in recent sessions June 28, 2016 The FTSE 100 bounced back today, as investors bought back into a market that had been heavily sold off in previous sessions. Just nine stocks finished in negative territory, pushing the blue-chip index up by 2.6 per cent to 6,140.39 points. Falls of over five per cent in the last two sessions had wiped nearly £100bn in value of from company market capitalisations. Insurers [...]
It’s the beginning of the end – either of Jeremy Corbyn or the Labour Party itself June 27, 2016 Nine months after being elected leader with the biggest mandate in the history of the Labour Party, Jeremy Corbyn stands on the precipice of being ousted from the post. Within hours of the Brexit result on Friday morning, rumours of impending shadow ministerial resignations began to circulate. Extraordinarily, more than two-thirds of the shadow cabinet [...]
Aston Martin sales rise as it reiterates plans to push ahead with a new plant in Wales June 27, 2016 The sky may be falling for many, but luxury car maker Aston Martin is doing a-ok, it said today: in fact, revenues rose almost nine per cent in 2015. The company, which last year produced a special limited-edition supercar just for James Bond's latest outing, Spectre, said full-year revenues rose to £510.2m in 2015. Meanwhile, adjusted [...]
All change at the Labour Party as resignations stack up and Corbyn announces a new cabinet June 27, 2016 The second day of chaos in the Labour Party has begun, with a string of front bench resignations and a new cabinet announced by Jeremy Corbyn. Around ten ministers and parliamentary private secretaries (PPS) have quit this morning, following yesterday's pandemonium in the party which resulted in one-third of Corbyn's shadow cabinet leaving. Corbyn responded before the [...]
Set out a real plan for Brexit – and prepare for fiscal stimulus – to put a floor under business confidence June 26, 2016 With the EU referendum concluded, attention has already turned to defining what type of exit the government will pursue. Whatever view you hold on the merits of an exit from the EU, the exact economic impact is uncertain. This is mainly because “it” is not predetermined – there exist a range of views among Brexiteers. [...]
Labour deputy leader Tom Watson may be having the worst festival hangover of his life as he returns from Glastonbury early to address the party’s leadership crisis June 26, 2016 Deputy Labour leader and regular on the festival circuit Tom Watson picked the wrong weekend to let loose. As Labour's top ministers revolt against party leader Jeremy Corbyn following a vote of no confidence, Watson is en-route back to London after partying until 4am at Glastonbury festival. It was a boozy Saturday for the politician. Watson live-blogged his day at [...]
Focus On Harrow: Why this north west London suburb is popular with families and first time buyers June 24, 2016 The north west London suburb of Harrow is all too often synonymous with the prestigious boys’ boarding school with which it shares its name. Certainly, the school has influenced the growth of central Harrow through the centuries; following a big expansion of the school in the 19th century, housing was built for its staff resulting [...]