Department for International Trade to be given part of £14bn aid budget July 22, 2019 The UK’s £14bn aid budget is to be partially allocated to the Department for International Trade (DIT). The DIT, led by international trade secretary Liam Fox, will spend the funds on helping developing countries with issues such as securing trade and foreign investment. Read more: Liam Fox says UK needs a trade deal with Turkey [...]
Jo Swinson or Sir Ed Davey to be named next Lib Dem leader July 22, 2019 Jo Swinson or Ed Davey will be crowned the next leader of the Liberal Democrats later today, as Sir Vince Cable bows out after two years in the top job. The results of the Lib Dem leadership election, which Swinson is favoured to win, will be announced at about 4pm today. Read more: Lib Dems [...]
Boris Johnson likens Brexit to moon landings as Tory leadership voting enters final day July 22, 2019 Tory party members have until the end of the day to cast their vote in the leadership election, with Boris Johnson expected to be crowned the winner. Ahead of his likely coronation as Theresa May’s successor, Johnson issued a renewed call to solve the problem of the Irish backstop, the insurance policy designed to prevent [...]
Rail passengers ‘missing out’ on £100m in compensation every year July 22, 2019 Rail passengers are missing out on up to £100m a year in compensation, a transport watchdog has found, as it called on consumers to claim whenever they can to send a message to train operators to improve. Transport Focus is today launching a campaign aimed at encouraging passengers to claim for any delays or cancellations. [...]
Business groups warn of delays for troubled HS2 July 21, 2019 Business groups have said they remain broadly supportive of HS2 despite the admission from its chairman that the costs of the project could spiral by as much as £30bn. Over the weekend it emerged that Allan Cook had written to Bernadette Kelly, permanent secretary at the Department for Transport (DfT), to warn that the [...]
Cabinet ministers issue no-deal warning as Boris Johnson prepares to take the helm July 21, 2019 Senior Cabinet ministers have warned Boris Johnson that they will attempt to inflict maximum damage to his government if he pursues a no-deal Brexit upon reaching Downing Street. Chancellor Philip Hammond confirmed today that he would quit the Treasury before he was sacked by Johnson, who is expected to be crowned Britain’s next Prime Minister [...]
Lufthansa resumes Cairo flights but BA suspension to continue for six days July 21, 2019 German airline Lufthansa has resumed flights to Cairo after temporarily suspending them, along with British Airways, over safety concerns. British Airways cancelled all flights to the Egyptian capital from Heathrow on Saturday over security fears and has said the suspension will remain in place for a further six days. Read more: British Airways set for [...]
Philip Hammond confirms he will resign if Boris Johnson is crowned PM July 21, 2019 Chancellor Philip Hammond has confirmed he will resign if Boris Johnson is confirmed as Britain’s next Prime Minister. Asked by the BBC if he thought he was going to be sacked, Hammond replied: “I’m sure I’m not going to be sacked because I intend to resign before we get to that point. Read more: Boris [...]
Arriva seeks £200m from government over East Midlands franchise snub July 18, 2019 Rail giant Arriva is claiming £200m from the government over its controversial decision to disqualify it from the East Midlands franchise, CityAM can reveal. Court documents seen by this newspaper show that Arriva Rail, which is owned by German parent Deutsche Bahn, is seeking to recover the amount following the Department for Transport’s (DfT) [...]
Canada Corporation secures £450m in external funding for major projects July 18, 2019 Canada Corporation has secured £450m in external funding for its major projects, after it revealed that its squeezed finances meant it would have to borrow for the first time in 30 years. Catherine McGuinness, chair of the policy and resources committee, admitted the organisation was facing “significant financial pressures” and highlighted the [...]
