Jacob Rees-Mogg warns of economic uncertainty as his investment firm launches second Irish fund

Jacob Rees-Mogg has suggested it could take 50 years to judge whether Brexit has been an economic success. The dire warning comes as the leading Brexiteer launched a second fund in Ireland. Somerset Capital Management (SCM), which ploughs millions of pounds into emerging markets, created the fund to meet demand from international investors. The UK’s withdrawal from the EU has forced many asset managers to set up replica product ranges in European investment hubs such as Dublin and Luxembourg in order to...

Stansted forex bureaus offer just €0.89 to the pound ahead of big summer getaway

Foreign exchange bureaus at one of Britain's busiest airports were offering just €0.89 for each pound today ahead of the big summer getaway. With schools across the country set to close for the holidays in the coming week the pound to euro exchange rate hit one of the lowest rates ever seen. The pound fell below $1.30 on Thursday - its lowest level since September last year -after a surprise fall in retail sales in June, confounding expectations of an increase....

Tories left scratching their heads as crime surges while officer numbers hit a record low

Crime has surged while officer numbers have hit a record low, according to Office for National Statistics (ONS) figures. The results make for bleak reading for the Conservatives who after years of austerity cuts are starting to see the real impact on communities. The number of police officers hit a record low this year and the proportion of recorded crimes that result in someone being charged or summoned to court fell to another record low at 9 per cent – fewer...

Watch: Boris Johnson’s resignation speech

Boris Johnson delivered his resignation speech to parliament today, saying "it's not too late to save Brexit". The Foreign Secretary quit his post last week following the Chequers deal that saw David Davis and several other prominent Conservative MPs walk. Johnson delivered the speech as rumours surface that he is building another bid for Theresa May's job. In parliament, he said: "It is as if a fog of self doubt has descended. "Even though our friends and partners liked the...

Corbyn: May must guarantee top Tories in Vote Leave co-operate with police probe

BREAKING: Jeremy Corbyn gave Theresa May a grilling for the first time in PMQs about Vote Leave failing to co-operate with the Electoral Commission’s investigation into breaking electoral laws. He demanded the senior Conservatives in the Vote Leave campaign comply with the police investigation now that the Electoral Commission has referred Vote Leave’s campaign in the EU referendum to the police. In a rowdy exchange, Corbyn said May’s government had "sunk into a mire of chaos and division" on Brexit....

Labour extends lead over Conservatives in polls as Theresa May threatens General Election

Labour have opened up a five point gap over the Conservatives in the polls. According to the latest Westminster voting intention 41 per cent of Brits would vote for Jeremy Corbyn's party if there was an election tomorrow. Just 36 per cent said they would vote for the Conservatives and nine per cent backed the Liberal Democrats. Theresa May threatened Conservative rebels with a general election this summer if they defeated her plans on customs after Brexit. Latest Westminster voting...

Constituents slam John Woodcock for stabbing Corbyn in the back and ignoring local issues

Barrow and Furness constituents have slammed John Woodcock following his resignation, saying he has stabbed Jeremy Corbyn in the back ahead of a crucial day in the House of Commons. Woodcock resigned today with an outlandish attack on the Labour leader just hours before he is set to face the beleaguered Theresa May in parliament. He said the party had been "taken over by the hard left" and "tolerated" anti-Semitism, as well as claiming that Labour was not a "credible" alternative...

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