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Germany's financial centre Frankfurt is "confident" of poaching London's  €930 billion clearing industry after Brexit. Hubertus Väth, managing director of Frankfurt Main Finance, which lobbies for its financial centre, told Business Insider he was confident the EBA, Europe's banking authority, would move to Frankfurt, and confident in the arguments for bringing Euro clearing to the city if it does move from London. He said: "We are confident about it. I cannot say it will be the likely decision of such a...

Jacob Rees-Mogg is in serious contention to become the next leader of the Conservative party, according to the latest betting trends. The MP for North East Somerset has become somewhat of an Instagram star and seems to have put himself in contention for the top position if it is vacated by Theresa May. The eccentric Eurosceptic toff is a hit with a group of young Conservatives led by 23-year-old Sam Frost from London, who has set up a petition for Rees-Mogg to...

  A cash-strapped school has resorted to asking parents to buy TEXTBOOKS for their children because of a lack of funding. Hanley Castle High School, in Worcester have sent out letters to mums and dads asking for financial help to plug a £400,000 cut in their budget. Headteacher Lindsey Cook has requested that parents cough up a £40 yearly fee to cover the costs of books. Meanwhile, sixth form students will have to pay for all of their textbooks. Mrs...

  The world's first car running on a biofuel made from WHISKY residue has had its first successful test drive. The fuel - biobutanol - is a brand new type of sustainable fuel and is designed to be a direct replacement for petrol and diesel. It is produced from draff - the sugar-rich kernels of barley which are soaked in water to facilitate the fermentation process necessary for whisky production. The other main ingredient is pot ale, the copper-containing yeasty...

  Thousands of twitchers have flocked to a remote quarry on the edge of a village to try and get a glimpse of a bird rarely spotted in the UK. Bird watchers came out in their numbers when they descended on the site in order to get a sighting of the European bee-eater. The yellow, blue and brown beauty is more often found in southern Europe and North Africa, and the last time one was spotted in Nottinghamshire was back...

A juror who overslept by eight hours costing the tax-payer £12,000 has found himself in the dock in front of an angry judge. Robert Mace, 36, was fined after he delayed the start of a baby shaking trial by one day after he told a top judge that he had overslept - but couldn't explain why. The trial was set to start at Hull Crown Court, East Yorks., of a man accused of shaking a baby when he caused the...

A new poll has shown that the Labour party are storming ahead in the polls, leaving the Conservatives behind, as the party is still licking its wounds from the poor election performance. Jeremy Corbyn is now pushing hard to become the next PM. The YouGov poll, the first by the pollsters since the Election result, has put Labour on 46 per cent and the Conservatives on 38 per cent. Way behind are UKIP on 4 per cent and the Lib...

  An extremely rare breed of seahorse has been found in British waters. The Short Snouted Seahorse - scientific name Hippocampus Hippocampus - was found by experts off the coast of Devon. Its native habitat is the south west waters but there has been a sharp decline in sightings and it is currently endangered. It is now normally found in the Mediterranean and grows to between 7cm and 13cm long. Mark Parry, community Seagrass initiative project manager at the National...

GMB members are angry enough to have given a mandate for the earliest possible strike date The first ever Sellafield Firefighters’ strike will go ahead this month after talks between GMB, the union for nuclear workers, and Sellafield Ltd broke down. Discussions lasted just 30 minutes – including two adjournments. GMB members are so angry they have given a mandate for the earliest possible strike date later this month. The Sellafield Strike Committee will decide tomorrow the date for the...