Boris Johnson vows to make UK Europe’s greatest naval power with new defence spending November 19, 2020 Boris Johnson has vowed the UK will return to its place as “the foremost naval power in Europe” through a landmark increase in military spending. Johnson said the country will benefit from a “renaissance of ship building”, while also focusing on space-based defence technologies that will destroy “targets with inexhaustiable lasers”. The government will increase [...]
TODAY: Boris Johnson to unveil largest military spending increase in decades November 19, 2020 Boris Johnson will today announce he is tripling a planned increase of the country’s military budget in what will be the largest defence investment in decades. The government will spend an extra £16.5bn on the UK’s military over the next four years, which will take the total increase over this time period to about £24.1bn. [...]
Ex-Australia PM Tony Abbott pushes for UK-Australia trade deal to be closed this year November 18, 2020 Former Australian Prime Minister Tony Abbott has today put pressure on the UK to wrap up a trade deal with his home nation before the end of the year. Abbott, who is now a top trade adviser to the UK government, said he wanted both sides to “put all their cards on the table” before [...]
Sir Keir Starmer will not restore Labour whip to Jeremy Corbyn November 18, 2020 Sir Keir Starmer is refusing to allow Jeremy Corbyn to sit as a Labour MP, despite being readmitted to the party yesterday, saying the former Labour leader had “undermined” efforts to restore trust with the Jewish community. Corbyn was reinstated to the party by its ruling NEC yesterday, after being suspended weeks ago, however Starmer [...]
Liz Truss: Joe Biden and Democrats are committed to UK-US trade deal November 17, 2020 President-elect Joe Biden and the Democrats are committed to negotiating a UK-US trade deal, according to international trade secretary Liz Truss. Truss said today that talks would continue with the incoming administration, despite widespread speculation that a cross-Atlantic deal may be scrapped by Biden. A source from the former Vice President’s transition team told The [...]
Jeremy Corbyn set to be readmitted to Labour by ruling body November 17, 2020 Jeremy Corbyn is reportedly set to be readmitted to the Labour party after being suspended for his comments on antisemitism. The Guardian is reporting that the former Labour leader will be readmitted, after a committee of the party’s ruling NEC voted in favour of bringing him back. The former Labour leader was suspended weeks ago [...]
City of London businesses have received average of £8 each from new Covid grants November 17, 2020 Businesses in the City of London have received an average of just £8.09 from the government’s latest £1.3bn Covid grant programme. Figures released by the Department for Business, Energy and Industrial Strategy (Beis) showed that businesses in the local authority received the smallest proportion of the grant money released in November, with its 24,020 businesses [...]
Labour’s Anneliese Dodds extends public olive branch to City of London November 17, 2020 Shadow chancellor Anneliese Dodds has today made overtures to the City of London, telling a virtual conference that Labour wants to work with the financial services sector and prevent it from “turning inwards…[and] eschewing responsibility”. Dodds, speaking at a virtual conference for the TheCityUK advocacy group, said Labour understood the value the sector has to [...]
Brexit: UK not expecting trade deal to be closed this week November 17, 2020 Boris Johnson is not expecting to close an EU trade deal this week, with the UK's Brexit negotiators aiming for a final breakthrough at some point next week.
Rishi Sunak ‘pushing’ for cut in UK’s aid budget in spending review November 17, 2020 The Treasury is reportedly pushing Number 10 to slash the UK's annual foreign aid budget of 0.7 per cent of gross national income