There’s no return from triggering Article 50, court hears October 13, 2016 There's "no going back" for the UK once it triggers Article 50, a court has been told today. At a case in the Royal Courts of Justice to debate the legal process of the UK's departure from the EU, Lord Pannick QC highlighted that the wording of Article 50 does not envision any provisional or [...]
Mexico close to legalising marijuana as supreme court discusses allowing it for recreational use October 18, 2015 High hopes for the legalisation movement: Mexico could be close to legalising marijuana, as the country’s supreme court gears up to discuss the issue later this month. The supreme court will be discussing a proposal that would legalise consumption and production of marijuana for recreational use. Mexico has already approved medical use of the drug, [...]
Article 50: What happens next? November 3, 2016 The government must consult parliament before it can trigger Article 50, a court has decided today. But what does that mean for Brexit? Quickly remind me: who's involved in all of this? The case was brought to court by a number of parties but the lead claimant is businesswoman Gina Miller. Basically, they were arguing [...]
The liberal left will continue to lose until they start to empathise with their enemies November 29, 2016 In the midst of much chaos, the victory of Francois Fillon in the French centre-right primary has restored some normality to politics. He is a mainstream social conservative and a mainstream economic liberal. He may not deliver the reforms France desperately needs – political leaders with great promise often disappoint. But certainly reform is needed. France is [...]
Tony Blair and Nick Clegg risk damaging British business by seeking to block Brexit December 5, 2016 As a businessman and a proud Brexiteer – I was treasurer and board member of the Vote Leave campaign – I am convinced that Britain’s best days lie ahead. But we need to be ambitious. If we are, and if we seize this Brexit opportunity together, Britain can change for the better. My online financial trading business, [...]
Uber drivers are NOT self-employed but entitled to workers’ rights, says employment tribunal October 28, 2016 Uber drivers are entitled to basic workers' rights, an employment tribunal announced today, in a landmark legal case. The hearing at a London employment tribunal is the first case of its kind in the UK. The action was brought by the GMB union which represents drivers, and law firm Leigh Day. Nigel Mackay, employment lawyer [...]
Lloyds wins £1bn bondholder battle in the UK’s highest court June 17, 2016 Shares in Lloyds Banking Group bounced after a court ruled the bank won't have to pay extra money to buy back thousands of bondholders' investments, following a seven-year legal battle. Lloyds shares were up 5.7 per cent at 64.8p per share this morning, after it emerged the decision, published earlier this week, will save Lloyds around £1bn. [...]
Tom Hayes’ crowdfunding campaign breaks £30,000 mark August 1, 2016 The crowdfunding campaign to raise money for Tom Hayes' legal fees has broken the £30,000 barrier. The Fundrazr campaign, which has been set up to support the former UBS and Citigroup traders' appeal to the Criminal Cases Review Commission (CCRC), has now raised £30,705, or 20 per cent, of its £150,000 target. The campaign had been stalled [...]
America’s psychological divisions foretell a toxic era of partisan gridlock November 28, 2016 The political blow to the Democratic Party following its surprise loss to Donald Trump has been cataclysmic. Rather than holding the presidency and retaking the Senate as was expected, America’s ruling party finds itself shut out of power in every branch of the federal government and at the state and local levels, too. By this [...]
How Westminster reacted to the High Court’s Article 50 ruling November 3, 2016 A High Court judgement that MPs must vote on Brexit before Article 50 can be triggered has caused quite the stir. Not least among currency traders, with the pound breaking the $1.24 mark for the first time in weeks. Read more: The odds on another EU referendum have halved The government said: "The country voted [...]