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The latest local and national UK and International news.

Mounting no-deal Brexit fears and uncertainty damaging economy, warns Bank of England boss

Bank of England boss Mark Carney has warned that a “notable” increase in no-deal Brexit fears and ongoing uncertainty is damaging Britain’s economy. The Bank’s governor told MPs the lack of any progress towards a deal and the extended Brexit deadline is leaving firms in limbo in terms of preparations and investment. In a hearing with the Treasury Select Committee, Mr Carney said there has been a “notable increase” in market expectations of no deal. He said this uncertainty in...

Worst animal abusers face tougher prison sentences

Environment Secretary Michael Gove will introduce a new Bill to increase maximum sentences for animal cruelty from six months to five years. Prison sentences for the worst animal abusers will be toughened up with a new law. Environment Secretary Michael Gove will introduce a new Bill on Wednesday to increase maximum sentences for animal cruelty from six months to five years. The harshest sentences will be for cruelty including dog fighting, abuse of puppies and kittens, or gross neglect of...

U.S. pushes Middle East economic plan in face of Palestinian disdain and doubts

The Trump administration sought on Wednesday to win support for an economic plan it says will be a foundation for Israeli-Palestinian peace but which Palestinians and many other Arabs dismiss as pointless without a political solution to the decades-old conflict. U.S. President Donald Trump's senior adviser and son-in-law Jared Kushner opened a international meeting in Bahrain on Tuesday evening by urging Palestinians, whose leadership is boycotting the event, to think outside the "traditional box" for an economic pathway that he...

Maureen Lipman: Sir Mark Rylance is silly to quit RSC over BP sponsorship

Maureen Lipman has criticised fellow star Sir Mark Rylance as “jolly silly” for quitting the Royal Shakespeare Company over BP sponsorship. The Oscar-winner, 59, ended his relationship with the renowned theatre company over financial backing by the oil giant, which has faced increased criticism over environmental issues. In a letter to The Times newspaper, Coronation Street actress Lipman, 73, said that Sir Mark, who was an associate artist with the RSC for 30 years, would be more effective taking action at “grassroots level”  “Resigning...

Irish economy could contract in no-deal Brexit

Ireland's fast growing economy could suddenly contract if Britain crashes out of the European Union without a deal, a prospect that has become more likely, Prime Minister Leo Varadkar said on Wednesday. Ireland's finance ministry reiterated its forecasts on Tuesday that gross domestic product growth would fall to anywhere between zero and 1% in 2020 if Britain crashes out of the bloc later this year, rather than growing by the forecast 3.3 percent if its neighbour secures an orderly Brexit....

Banks in Britain revive preparations for no-deal Brexit

Banks in Britain are showing signs of restarting preparations for a no-deal Brexit after a lull in the shift of financial services jobs and capital from Britain to the European Union in the past few months, consultants EY said on Wednesday. EY's Brexit Tracker of public announcements from 222 of the largest financial services firms in the three months ending May 31 found that the 7,000 planned job and a trillion pounds in capital relocation to new EU hubs was...

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