Labour leadership contender Owen Smith postpones campaign launch after Nice attacks July 15, 2016 Owen Smith has put his campaign launch on hold after the attacks in Nice last night, which left more than 80 people dead and many more injured. The Pontypridd MP had planned to set out his vision for Labour and why he wanted to challenge incumbent Jeremy Corbyn, but postponed the launch after what he called [...]
Mayor of London Sadiq Khan hosts London devolution summit July 14, 2016 Mayor of London Sadiq Khan today held a summit of political and business leaders as he pushes for support on further devolution for the capital. Meeting business representatives from the Corporation of London, London First and the London Chamber of Commerce, Khan looked to bolster support for more powers in the wake of the Brexit vote last [...]
Westminster bloodbath as Michael Gove, Nicky Morgan and John Whittingdale sacked by Theresa May July 14, 2016 Prime Minister Theresa May is taking no prisoners as she makes a slew of high-profile sackings, marking a massive political shift in the new government. After a string of cabinet placements last night, May started the morning by sacking pro-Brexit campaigner and former justice secretary Michael Gove. Gove had campaigned alongside Boris Johnson to leave [...]
David Davis: The new Brexit minister’s plan for Britain July 14, 2016 David Davis, long-time eurosceptic, one-time leadership contender and EU treaty negotiator in 1996, has taken on the newly-created post of Secretary of State for Exiting the European Union. Or as it's already more informally known, he is now Britain's Brexit minister. And having served as minister of state for Europe between 1994-97, with responsibility for negotiations with the continent, he's said to [...]
Labour leadership contender Owen Smith says UK should vote on Brexit again July 14, 2016 The United Kingdom should have another vote on whether to remain in the European Union when a Brexit deal is agreed, a Labour leadership candidate has said. Owen Smith, MP for Pontypridd, said many Britons backed Brexit under false pretences and want a second vote. If he was to win the election, Smith says he would [...]
Airbus likely to take hit to first quarter on A400M charge July 13, 2016 Airbus is likely to take a hit in its first half results due to problems surrounding its A400M military transporter, the company's finance director has said. Harald Wilhelm said problems that Airbus blames on the gearbox of the aircraft's turboprop engines have caused disruptions to deliveries of the already-delayed plane. Speaking to journalists at Farnborough Airshow, Wilhelm said the problems [...]
Synergy finalises deal for 62 Airbus A320neo aircraft July 13, 2016 Synergy Aerospace Corporation has finalised a deal with European plane-making giant Airbus to buy 62 A320neo aircraft, the two companies have announced. The deal, announced at Farnborough Airshow, is valued at $6.7bn (£5.1bn) at current list prices and marks over 1,000 Airbus aircraft sold in Latin America. Synergy is the largest shareholder of Colombia Avianca and owner of Avianca [...]
Foreign secretary Philip Hammond says we must not conclude military action is always wrong in the wake of the Chilcot report July 13, 2016 The UK will not shirk from its role in the world or become a pacifist in global affairs in the wake of the Chilcot report, foreign secretary Philip Hammond has said. Speaking in the week after the Chilcot report was published, Hammond said many lessons had to be learnt, but that it would not stop the country from [...]
Three immediate challenges to the new government are apparent July 13, 2016 Recently I sat next to the head of corporate lending at one of the big banks. The usual question of “how’s business” was inevitably asked, with the answer “just had six quarters of lending growth but the last two weeks… awful! Especially with infrastructure, we had so much in the pipeline but confidence is low”. [...]
Labour contender Angela Eagle is making a pledge to keep campaign “comradely” after allegations Jeremy Corbyn tacitly endorsed bullying July 13, 2016 Labour leadership challenger has called for a friendly debate with competitors as incumbent Jeremy Corbyn was accused of tacitly endorsing bullying of Labour staff. On the day that Owen Smith announced he would be running for the Labour leadership, Eagle said she wants a "comradely" debate. At the launch of her "Keep it Comradely" pledge, the former [...]
