Politics

Jeremy Hunt has spoken of his love of lambada dancing in the latest insight into the pastimes of the Tory leadership contenders. The Foreign Secretary said it was “quite an intimate dance” and the music “brings back some happy memories”. His comments came after Boris Johnson revealed a passion for making and painting model buses. On BBC Radio 2’s Jeremy Vine show, Mr Hunt had the track Lambada by Kaoma played in his honour. He said: “When I was elected...

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...

Brexit hinges on the question of the Irish backstop, but what is it and how can the obstacle be overcome?

The trouble with being a journalist is your recorded words can often come back and bite you on the bum years later.

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 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...

International Trade Secretary Liam Fox has dismissed a claim the UK will be able to continue trading with the EU tariff-free for 10 years. Boris Johnson has been slapped down by International Trade Secretary Liam Fox over his claim Britain could use international trade rules to continue tariff-free trade with the EU in the event of a no-deal Brexit. Mr Johnson has argued that a provision under the General Agreement on Tariffs and Trade – known as Gatt 24 –...

The former foreign secretary also said he rarely loses his temper, despite police being called after row with girlfriend Carrie Symonds

Boris Johnson, the frontrunner in the race to become Britain's next prime minister, has met hedge fund and private equity executives to raise donations for his leadership campaign, according to sources familiar with the matter.     Johnson, who on Tuesday reaffirmed his determination to take Britain out of the European Union on Oct 31, is seeking to build up a war chest for his campaign and rebuild ties with executives, which were strained last year by his expletive four-letter-word attack on...