Jeremy Corbyn launches leadership campaign stating he wants to tackle nation’s “five ills” July 21, 2016 Incumbent Labour leader Jeremy Corbyn has pledged to fight "five ills of 21st century Britain" as he launched his bid to retain his place at the top of the party. Corbyn promised to fight against inequality, neglect, prejudice, insecurity and discrimination as he launched his campaign today in central London. Future Labour governments will require [...]
Britvic’s share price falls after it makes Brexit warning July 21, 2016 Britvic warned that the Brexit vote will add to difficult trading conditions this year. Its share price is marginally down to 518.5p, almost 0.6 per cent, on the news. The figures In the third quarter Britvic reported a 5.3 per cent increase in revenue to £346.3m. However, UK revenues fell by two per cent to £214.8m. The [...]
Ken Clarke says there is a good chance of recession before end of this year July 21, 2016 Tory grandee Ken Clarke has said that the UK could very well be headed for a recession given the current economic instability resulting from the Brexit vote. The former chancellor said there could be a recession before the end of the year. Speaking to LBC, Clarke said: "I think there's a very good risk of recession [...]
Eurotunnel’s share price drops after profit warning July 20, 2016 Eurotunnel has warned over its earnings this year and next after the pound's rapid plunge in the wake of last month's Brexit vote. The Channel Tunnel operator said its 2016 objective of €560m (£469m) in earnings before interest, taxation, depreciation and amortisation (Ebitda) was now €535m due to a change in the exchange rate. Meanwhile, its [...]
Conservative support jumps after Theresa May becomes Prime Minister as Labour’s backing falters July 20, 2016 Support for the Conservatives has jumped, according to the first poll since Theresa May became Prime Minister. The Tories have opened up an 11 point lead on Labour under the poll carried out over the first full weekend since May announced her cabinet. The poll by YouGov shows a distinct jump in support compared to voting [...]
Emily Thornberry appointed shadow secretary of state for exiting the European Union July 20, 2016 Shadow foreign secretary Emily Thornberry will also take on the role of shadow secretary of state for exiting the European Union. Thornberry will take on the role in leader Jeremy Corbyn's shadow cabinet after Prime Minister Theresa May made the new department in her cabinet reshuffle. Read more: David Davis – The new Brexit minister's plan [...]
Theresa May says UK will not take up upcoming presidency of the European Council after Brexit vote July 20, 2016 Prime Minister Theresa May has said that the UK will not take up its scheduled presidency of the European Council in the wake of the Brexit vote. The presidency will instead go to Baltic state Estonia. It was due to succeed the UK at the start of 2018, but will get bumped up six months, [...]
Labour wants to force a vote on the Charter for Budget Responsibility July 20, 2016 The Labour Party is hoping to push the government to throw out the Charter for Budget Responsibility. During an opposition day debate in the House of Commons later today, Labour will call on the government to drop their "now discredited" fiscal charter, requiring the government to reach a budget surplus by 2019/20. The motion is: "That this [...]
Sadiq Khan urges Transport for London to take “immediate control of Southern Rail” until problems are resolved July 20, 2016 Transport for London should take immediate control of Southern Rail until problems on its lines are resolved, the mayor of London has said. Sadiq Khan has come out today to voice concern over the service and state he urgently wants to put a top TfL team in charge of failing Govia Thameslink Railways' Southern franchise. [...]
Prime Minister Theresa May sets off to Germany on first overseas diplomatic trip July 20, 2016 After her first instalment of Prime Minister's Questions, Theresa May will jet off to Berlin for talks she hopes to be "frank and open" with Chancellor Angela Merkel. The Prime Minister has said that maintaining strong trading links is vital to ensuring Brexit is a success. On Thursday, May will then make her way to [...]
