Barclays profits slip as bank sets aside £150m for Brexit February 21, 2019 Profits missed estimates at Barclays last year, the bank revealed today, as it set aside £150m for Brexit and paid out billions of pounds in misconduct and litigation charges related to its role in the financial crisis. Read more: Ex-Barclays chair Agius tells court he was unaware of £280m Qatar deal The figures Profit before [...]
Theresa May fails to win concessions on withdrawal agreement during meeting with Jean-Claude Juncker February 20, 2019 Theresa May and EU Commission President Jean-Claude Juncker last night discussed possible "guarantees" and "legal assurances" that could be established in relation to the controversial Irish border backstop protocol that has dogged the PM's efforts to pass her Withdrawal Agreement. However, May failed to win concessions on her bid to reopen the Withdrawal Agreement in [...]
Anna Soubry urges Tories to put their country first and thwart a no-deal Brexit February 20, 2019 The Conservative party is being infiltrated by former Ukip members bent on ousting sitting MPs they view as traitors over Brexit, ex-Tory MP Anna Soubry warned today. Read more: Conservative split: Three Tory MPs quit party In a devastating attack on her former party, the Broxtowe MP said the Conservatives were now being controlled by [...]
Tory MPs Heidi Allen, Anna Soubry and Sarah Wollaston quit Conservative party February 20, 2019 The Conservatives were reeling this lunchtime as three MPs announced they have quit the party to join a group of ex-Labour MPs. South Cambridgeshire’s Heidi Allen MP, Anna Soubry MP and Sarah Wollaston MP revealed they are leaving the party in protest at Theresa May’s Brexit stance, and will sit with the eight MPs who resigned [...]
Ken Clarke warns ‘fed up’ Tory MPs could quit the Conservative party February 20, 2019 Tory veteran Ken Clarke has said MPs from his party are "very fed up" and could contemplate defecting to the newly formed Independent Group. Clarke, a pro-EU MPs, told the BBC this morning: "Certainly some members of parliament are getting very fed up. There are some, I think – not including me – who probably [...]
‘No-fly zones’ around airport runways extended following Gatwick and Heathrow drone chaos February 20, 2019 Drones and similar model aircraft will be banned from flying within a five kilometre radius from airport runways following the havoc they wreaked at the Gatwick and Heathrow runways last year. The extended "no-fly zone" for drones and similar aircraft has been extended from one kilometre to five kilometres following recent episodes of disruption. Over [...]
EU-wide digital services tax could make system worse, warns pan-European think-tanks February 19, 2019 An EU-wide digital services levy would distort the bloc’s tax system and introduce extra bureaucracy, a pan-European group of think-tanks has warned. A report by the European Policy Information Center [CORR] – made up of organisations from nine European countries including the UK’s Institute of Economic Affairs – raised concerns that in the drive to [...]
Theresa May will travel to Brussels with the EU still not budging on the backstop February 19, 2019 Theresa May will travel to Brussels on Wednesday for a meeting with Jean Claude-Juncker after the EU once again ruled out fundamental changes to the Brexit deal. However, negotiators from both sides are currently working on a new legal text relating to the Irish backstop plan aimed at winning support from the UK parliament. Brexit [...]
Labour plunged deeper into chaos as another MP quits Corbyn’s ‘Stalinist’ party February 19, 2019 The Labour party has been plunged further into chaos after an eighth MP quit to join a new independent group, attacking leader Jeremy Corbyn for presiding over a culture of antisemitism. Joan Ryan, who has served in the Labour party for 25 years, said she was “appalled, horrified and angered” by Corbyn’s failure to address anti-Jewish [...]
Labour’s Magnificent Seven just made a no-deal Brexit more likely February 19, 2019 I am old enough to recall the “Gang of Four” in the eighties, when Roy Jenkins, David Owen, Shirley Williams and Bill Rogers left Labour to set up the Social Democratic Party. We know that all ended acrimoniously, with a reverse takeover by David Steel’s Liberal Party that created the Liberal Democrats. This week, we [...]
