A real Labour split won’t guarantee a surge in sterling February 19, 2019 Investors who are predicting a sterling rally if there if a full-blown split in the UK’s opposition party are likely to be sorely mistaken. The Labour party has leaned increasingly to the left since Jeremy Corbyn took the reins in 2015. Many currency experts have warned about his policies, saying that they fear a Labour [...]
Manufacturers urge May to revoke Article 50 if Brexit deal cannot be secured April 7, 2019 Manufacturers have urged Prime Minister Theresa May to revoke Article 50 is she cannot secure a Brexit agreement this week amid growing fears the UK could crash out of the EU without a deal. In an open letter to May and Labour leader Jeremy Corbyn, trade body Make UK said the industry had already been [...]
Go to Venezuela and see the humanitarian crisis, Colombian ambassador urges Maduro’s UK backers April 30, 2019 UK backers of Venezuelan dictator Nicolas Maduro should visit the South American country to see the reality of the devastating economic mismanagement which has forced millions to flee their homes, according to the Colombian ambassador to the UK. Read more: Venezuela's Maduro calls for gold held in Bank of England to be returned In an [...]
Labour MPs expected to resign today over divisions on Brexit and antisemitism February 18, 2019 Rumblings of a Labour party split look set to reach a head as sources told the media the disaffected MPs would resign today. Senior party sources told the BBC that the leadership was expecting a handful to resignations while Sky News said the group would make a statement later this morning on "the future of British politics". Those [...]
Editor’s Notes: Harmony is in short supply in the EU as challenges loom large May 10, 2019 Faced with some major non-Brexit challenges of their own, the leaders of the EU27 and the heads of the EU’s powerful institutions are meeting in Sibiu, Romania for a summit. What’s emerged so far is the Sibiu Declaration, a beautifully vague and vacuous document committing the EU to a range of platitudinous positions such as: [...]
To avert the deluge, business must unleash its heroic spirit May 20, 2019 After us, the deluge. These are the words not of our Prime Minister, but from another troubled time and uttered by Madame de Pompadour, the lover of King Louis XV of France. The French Revolution would prove the prophecy. And for revolutionaries since, the idea of the deluge has inspired. Karl Marx went as far [...]
The next Tory leader is doomed before they have even started May 29, 2019 The parties of the Westminster establishment are terrified of us…. The Brexit Party is here to stay and to change politics for good.” With those triumphant words delivered after the European election results, Nigel Farage made public the worst-kept secret in Westminster: that his Brexit Party did not intend to be a one-hit wonder, as [...]
Prepare for take off: Heathrow airport expansion cleared by High Court May 1, 2019 The government today won a legal battle that had sought to stop its proposed £14bn expansion of Heathrow Airport. Read more: Revenue dips at Heathrow despite record passenger numbers Campaigners trying to block a third runway at the UK's biggest airport lost the High Court challenge after the court found that transport secretary Chris Grayling's airport national policy [...]
May softens up to Corbyn talks as she pleads with MPs on Irish backstop February 10, 2019 Theresa May has moved to break the Brexit deadlock by inviting Labour leader Jeremy Corbyn for fresh talks on the UK's membership of a customs union with the European Union. In a letter to the Labour leader, published late last night, May said she was prepared to hold further talks on a permanent customs union [...]
Relations with China are important, but so is the need to stand up to them May 17, 2019 China has become a significant player in the City and there can be no doubt that its activities in London help strengthen the Square Mile’s role as a global financial centre. Read more: City Corporation slammed for decision to ban Taiwan from Lord Mayor's show The average daily trading volume of the Chinese currency in [...]