Political News
Global M&A activity down in Q1 due to Brexit uncertainty
Global merger and acquisitions fell by 17% in the first quarter of the year as fears of an economic slowdown and the growing uncertainty around Brexit dampened CEOs’ interest in pursuing takeovers.
Independent Group will register as political party
The Independent Group of MPs announced on Friday that they will register formally as a political party, named Change UK, with former Conservative MP Heidi Allen taking the role of interim leader.
Pound wallows as govt plans vote on Withdrawal Agreement
The pound sank to its lowest point in the week on Thursday as investors and analysts struggled to see a clear way forward for Brexit after a confusing night in Westminster and as the government planned a new vote on Friday.
Tusk urges EU to support 'increasing majority' of UK remainers
European council president Donald Tusk asked the EU Parliament on Wednesday to support the “increasing majority” of British people who do not want to leave the bloc.
UK car manufacturing falls for ninth month
UK car production for home and export markets both declined sharply last month, sparking fears of greater challenges for the industry if no-deal Brexit were to occur.
May offers to quit if Brexit deal approved by parliament
Theresa May offered to quit as prime minister in a final roll of the dice to get her withdrawal deal through parliament as MPs rejected a series of alternative Brexit options on Wednesday.
Bercow blocks third vote on May's Brexit deal
House of Commons speaker John Bercow appears to have blocked Theresa May's attempts to pass her Brexit deal through Parliament, stating that no meaningful vote could take place without significant changes to the proposal.
Hiring and investment decisions curtailed amid Brexit confusion - survey
Employers are scaling back hiring and investment plans as the ongoing Brexit uncertainty rattles confidence, a survey showed on Wednesday.
May aims to bring back Brexit deal for third vote
Theresa May hopes to bring her Brexit deal back for a third 'meaningful vote' this week after receiving promises of support if she agrees to quit.
Minister issue standards warning to Help to Buy home builders
A government minister has warned developers that the standard of new homes needs to improve if they are to continue working with the taxpayer-funded Help to Buy scheme.
EU calls for fairer trade relationship with China
Europe’s top leaders told President Xi Jinping on Tuesday at talks held in Paris they wanted a fairer trading relationship with China.
Carbon emissions hit record high in 2018
Carbon emissions from burning fossil fuels hit a record high in 2018 as energy demand grew at its fastest pace in a decade (+2. 3%).
Pound up on hopes of softening opposition to May's Brexit deal
Sterling rallied on Tuesday, on speculation that hard-line Brexiteers were starting to come around to Theresa May’s withdrawal deal.
Around 3m EU citizens 'face legal limbo' after Brexit
Around 3m EU citizens will face a “legal limbo” and risk losing free movement, housing and social security rights after Brexit revealed a parliamentary report from parliament's Joint Committee on Human Rights.
UK mortgage approvals tumble to six-year low
Mortgage approvals have slumped to a near six-year low, industry data showed on Tuesday, as heightened Brexit uncertainty rattled the UK housing marking.
UK MPs take control of Brexit timetable with indicative votes win
Theresa May's humiliation at the hands of parliament continued on Monday as MPs voted to hold a series of indicative votes on alternatives to her twice-defeated Brexit deal.
Around 1.5m jobs in Britain at risk of being automated - ONS
Approximately 1. 5m jobs in England are at a high risk of being automated, the latest analysis from the Office for National Statistics revealed.
May says not enough support for third meaningful vote
The government is not planning to table a third 'meaningful vote' on its Prime Minister Theresa May's Brexit deal due to a continued lack of support.
Mueller report finds no collusion between Trump and Russia
US justice department special counsel Robert Mueller concluded that US President Donald Trump did not collude with Russia during the campaign of the 2016 general elections, but did not exonerate him from allegations that he might have obstructed justice.
May averts leadership challenge but fails to win Brexiter support
Theresa May clung to power on Monday and prepared for another key week of Brexit votes in parliament after averting a halfhearted Tory party coup over the weekend.