Philip Hammond put aside more money for Brexit than the NHS in the 2017 Budget in a reversal of the promises outlined during the referendum campaign. The Chancellor said £3 billion would be spent on Brexit planning, while just £2.8 billion will go to the NHS. In a deeply ironic twist...
The 2017 Budget proves Philip Hammond can't really balance the books, according to industry experts. The Chancellor was forced to revise down much of his growth forecasts for the country in what has been described as a budget that "concentrates more on the political shape of the Conservative party rather...
The chancellor has announced stamp duty will be scrapped for first time buyers on homes up to £300,000 and up to £500,000 in high price areas. The move will affect roughly 80 per cent of first time buyers, and will come as a huge relief for people who are struggling to...
Few politicians would proclaim to have magical powers, but today Philip Hammond seemed to develop the ability to make currencies drop on every word he says. Delivering a crucial Budget to parliament the pound plummeted as he rifled through a raft of shaky economic indicators. He acknowledged that the economic...
The Conservative party narrowly voted against Labour's bid to retain EU human rights measures in UK law post-Brexit last night by 311 votes to 301. Just one Conservative MP, Ken Clarke, defied the Government whip and voted for the motion to retain the EU Charter of Fundamental Rights, put forward by Jeremy...
A new study has revealed a fascinating inter-generational divide over trust on the economy. Despite both parties being neck-and-neck overall, the Sky Data poll found huge splits between young and old. Of 18 to 34-year-olds, 62 per cent want Labour in charge of the nation's finances, versus 28 per cent...
A new report published today has revealed shocking gender disparities in the art world in terms of valuations and earnings. The research reveals that in the high-end art world, just one of the top 100 lots sold at auction in 2015 was by a woman, and none of the top...
Shocking footage obtained by CNN has shown people being auctioned for as little as $400 in Africa. Carrying concealed cameras, journalists witnessed dozens of people go "under the hammer" in the space of six or seven minutes in the Libyan capital of Tripoli. Shouts of "Does anybody need a digger?" can be heard...
Canary Wharf is sitting on a Brexit time bomb as the city's financial sector prepares to move away. The former docklands were transformed into one of the world's most important financial districts in the 1980s as part of a private sector-backed government initiative to transform the brownfield land that had...