Emergency Brexit debate: Corbyn tells MPs he will table no confidence vote ‘at appropriate time’ December 11, 2018 Jeremy Corbyn has told MPs he will table a vote of no confidence “at the appropriate time”, as Prime Minister Theresa May meets European leaders today to discuss amendments to the Brexit transition deal. Speaking this afternoon in an emergency debate on the PM's decision yesterday to postpone the so-called meaningful vote on the deal, the [...]
Here’s how politicians and markets are reacting to parliament’s Brexit vote being pulled December 10, 2018 Reports that Prime Minister Theresa May has pulled a highly-anticipated parliamentary vote on her Brexit deal have sent shockwaves through Westminster and into wider business world. Sources told City A.M. tomorrow’s so-called meaningful vote, in which May faced almost-certain defeat, has been dropped after over 100 Conservative MPs vowed to vote against the government. The [...]
ITV pulls the plug on Brexit debate between Theresa May and Jeremy Corbyn December 7, 2018 ITV has joined the BBC in pulling out of hosting this weekend’s proposed Brexit debate, with the Conservatives and Labour again unable to agree on how to structure the televised debate. ITV said it “invited the Prime Minister and leader of the opposition to appear in an ITV programme this Sunday evening, and we have been [...]
‘Big Short’ investor Steve Eisman bets against UK banks December 7, 2018 Investor Steve Eisman who is known for his prediction of the 2008 financial crisis has said he is betting against three UK banks. Eisman, who was played by actor Steve Carell in the film The Big Short, said he thinks the British market will go down because of Brexit. He said that he bet against [...]
Fixing the rail system means putting passengers first December 5, 2018 The headlines yesterday that Govia Thameslink Rail (GTR) must spend £15m on passenger improvements to hold onto its franchise will be welcome if overdue news for the droves of commuters whose lives were made hell during the timetable chaos earlier this year. The Department for Transport labelled GTR’s performance “unacceptable”, and has not only decreed [...]
Voting with your wallet is the ultimate consumer power December 4, 2018 The Labour party leadership believes that income inequality is far too high. As socialists, they think of income as centrally distributed, like slices of cake at a birthday party. Top company executives have seen sharp increases in pay in recent decades, so in Labour’s view, that means less sponge and icing for workers. The cutter [...]
Digital Withdrawal: How Britain’s fast-growing tech sector can flourish in the face of Brexit December 2, 2018 The last five years have seen an extraordinary phenomenon. The powerhouse that is the UK tech sector has boomed to a value of more than £180bn, outpacing the sluggish UK economy as a whole. Want to buy clothes online? Asos and FarFetch are leading the world. Play games on your smartphone? You’ve probably enjoyed one made [...]
Shadow cabinet minister Kate Osamor resigns after alleged journalist threat December 1, 2018 Kate Osamor resigned today as secretary of state for international development, she announced on Twitter. Last night Osamor allegedly threatened a journalist who doorstepped her in relation to questions about how much she knew about her son's drugs conviction. In her statement Osamor said she had resigned "to concentrate on supporting my family through the difficult time we have [...]
Shadow Labour minister Kate Osamor allegedly threatens journalist with bat December 1, 2018 Labour frontbencher Kate Osamor allegedly threatened a journalist with a bat last night after she was doorstepped in relation to her son’s drug case. Osamor, 50, the MP for Edmonton and shadow secretary of state for international development, allegedly told the journalist to f*ck off, threatened him with a bat and threw a bucket of [...]
Theresa May and Jeremy Corbyn at loggerheads over whether to appear on BBC or ITV for Brexit live debate November 29, 2018 Theresa May and Jeremy Corbyn are to battle it out in a live head-to-head TV debate – although it is unclear whether it will take place on BBC or ITV. The Prime Minister has accepted the BBC’s offer to take part in a Brexit debate on 9 December, two days before MPs are to vote [...]