Politics

The latest Z/Yen Global Financial Centres Index showed New York overtaking the UK's capital for the first time since 2015. The City think tank said there was evidence London had been knocked, but only slightly, by uncertainty over Brexit. However, it doesn’t make great reading to see London knocked off its perch as we approach the potential stormy waters of Post-Brexit Britian. Zurich, Frankfurt, Amsterdam, Vienna, and Milan moved up the rankings significantly. The study reported: "These centres may be...

Michael O’Leary, the boss of Europe’s biggest low-cost airline had some stark warning over a no-deal Brexit He said “Flights to and from Europe will be stopped in a hard deal Brexit,” the Irishman told a news conference. “There is no assurance.” However, he added: “I don’t believe that a no-flight scenario will last for more than a couple of days or a couple of weeks; because I think politically, it is unassailable.” O’Leary said that the negotiations are “running...

Compassion in World Farming is concerned UK Government may be back tracking on live export commitment. The environmental organisation welcomed the publication of the Agricultural Bill but are concerned that Gove appears to be back tracking on his live export commitment. James West, Senior Policy Manager at Compassion in World Farming, said: “Compassion in World Farming welcome the publication of the Agriculture Bill, with its focus on using public money to support public goods, such as high environmental standards. “One of the main pillars of these payments must be support for high animal...

Bookmakers have been forced to slash the odds of a Conservative leadership contest taking place, amid reports that a Tory coup is being plotted. Paddy Power make it 15/8, in from 3/1 yesterday, that a leadership contest will take place this year following a series of large and sustained bets. This comes as pressure mounts on Theresa May, with many Tory MP’s said to be in “open revolt” against her position. And, since the news, Boris Johnson has been by far the most...

Today (Wednesday 12 September 2018) in Prime Minister’s Questions Labour leader Jeremy Corbyn mentioned mental health charity Mind while talking about Government plans to move more than 2 million people on existing benefits over to Universal Credit. Under these proposals disabled people currently getting ESA (Employment and Support Allowance) will receive a letter informing them that their benefits will be stopped and asking them to make a new claim to Universal Credit. The proposals suggest people will be given between one and...

JD Wetherspoon have decided to no longer sell Jägermeister (a herbal liqueur from Germany, French brandy Courvoisie and French brandy Hennessy Fine de Cognac. They will offer more drinks from the UK in a bid to crack down on drinks which come from the EU. The move is said to lead to lower prices across its 880 pubs from September 26. So no more Jagerbombs to regret the next day. Wetherspoon has already replaced Champagne with sparkling wines from the...

It was a very lively exchange today between the two leaders, they have only been back a week, but they are now off on their jollies for the party conference season, may as well throw the kitchen sink at your opponent. Weirdly Jeremy Corbyn had some corn sticking out from his jacket pocket. I was hoping he was making a joke about Theresa May dancing through fields of wheat, during her Jim Morrison period. However, as ever with Corbyn, it...

During Jean-Claude Juncker’s annual state of the union address he said that sections of the single market could “certainly not” be offered to countries outside the EU trading area. These comments would appear to pour cold water on the Theresa May’s plan to keep Britain in the single market for goods after Brexit. Juncker said: “We respect the British decision to leave our Union, even though we continue to regret it deeply. “But we also ask the British government to...

Michael Gove this morning denied that fellow hard Brexit Tories are plotting to oust their party leader. Talking to the BBC’s Today programme Mr Gove insisted that "loose talk" of a leadership challenge could "undermine" Brexit negotiations, despite reports that 50 of his colleagues met last night to discuss ditching Theresa May. A Tory leadership coup could be just days away with members of the Hard Brexit shadowy Tory ‘government within a government’ the ERG meeting to plot ditching the...