Fidelity Top Stories
Northern Ireland's DUP become kingmakers as May clings to power
Prime Minister Theresa May on Friday gained the Queen's approval to form a government with the Democratic Unionist Party, which is acting in its new role as kingmaker after the election produced a hung parliament.
May forced into alliance with DUP after election gamble backfires
UK Prime Minister Theresa May was forced into a governing alliance with the Democratic Unionist Party on Friday after her gamble to crush Labour and deliver a hard Brexit backfired spectacularly when government lost its parliamentary majority.
Bank of England rate hike 'will be pushed back' by election result
After Theresa May's decision to call a snap election backfired with the Conservatives losing their parliamentary majority, the increased political uncertainty is likely to push back a first Bank of England interest rate hike to the first half of 2020, economists and strategists in the City said on Friday.
UK industrial production rebounds, but less than expected
UK industrial growth slowed in April as manufacturing activity bounced back slowly from a fall the previous month, the Office for National Statistics said on Friday.