Politics

Monday, July 17th 2017 - 05:26 UTC
Tony Blair does not rule out a Jeremy Corbyn win on a “far Left program”

Tony Blair says he now accepts Jeremy Corbyn could become prime minister. The ex-PM told BBC Newsnight that a year ago he would have said it was impossible for the left-wing Labour leader to win. But he added: “There's been so many political upsets, it's possible Jeremy Corbyn could become prime minister and Labour could win on that program.”
Monday, July 17th 2017 - 04:59 UTC
Falklands' demining operations since 2009 have cost London £16.6 million

The British government has spent £ 16.604.385 in demining operations in the Falkland Islands since 2009. The information was confirmed by the Foreign Office following a request under the Freedom of Information Act 2000.
Monday, July 17th 2017 - 04:49 UTC
Hammond admits Brexit is holding back investments in UK

Chancellor of the Exchequer Philip Hammond has told the BBC's Andrew Marr Show that businesses are holding off from investing in the UK because of uncertainty about Brexit. The interview came a day before the second round of negotiations which take place this Monday in Brussels.
Monday, July 17th 2017 - 04:35 UTC
Tory MP reaffirms UK commitment to stand by Gibraltar after Brexit

Spain’s “eccentric” enclaves in north Africa make its position on Gibraltar “incomprehensible”, said Tory MP Dominic Grieve reaffirming UK’s commitment to stand by Gibraltar after Brexit. Speaking during a visit to Gibraltar, MP Grieve said any future Brexit deal struck by the UK with the EU must also include the Rock.
Monday, July 17th 2017 - 04:29 UTC
Britain is in for a rough ride, unless cabinet ministers stop squabbling

Britain is in for “a rough ride” unless cabinet ministers stop squabbling over Brexit, the former head of the civil service has warned. Writing in the Observer, Lord O’Donnell called for cabinet ministers to unite in backing a lengthy transition deal and “start being honest about the complexity of the challenge”. “There is no chance all the details will be hammered out in 20 months,” he warned.
Monday, July 17th 2017 - 04:12 UTC
France seeking to disrupt and degrade UK's financial sector, claims City of London

France is actively seeking to exploit Brexit to disrupt and degrade Britain’s lucrative financial sector, a senior City representative has warned. Former foreign office minister Jeremy Browne, who acts as the City of London’s envoy on Brexit, said the French see the British as “adversaries” in the forthcoming withdrawal negotiations.
Saturday, July 15th 2017 - 08:31 UTC
US top banker blasts “political gridlock” and says it is “almost embarrassment” to be a US citizen

JP Morgan Chase boss Jamie Dimon condemned the state of US politics on Friday, saying political gridlock is hurting the US economy, and called Americans must “get our act together” or risk limiting themselves to 1.5% to 2% growth.
Saturday, July 15th 2017 - 08:12 UTC
S&P downgrades Chile's rating, for the first time since 1990

Credit ratings agency S&P downgraded Chile's long-term foreign currency rating to 'A+' from 'AA-' on Thursday, the country's first downgrade since the 1990s, as weak business confidence and low prices for key export copper have eaten into fiscal revenues.
Saturday, July 15th 2017 - 07:57 UTC
Big banks moving out of London to Dublin, Frankfort, Paris

Barclays is in talks with Irish regulators about expanding its presence in Dublin in the run up to Brexit. It is the latest financial company to indicate how it is repositioning to cope with the UK's exit from the EU.
Saturday, July 15th 2017 - 07:42 UTC
Blair argues Brussels leaders willing to compromise to avoid UK leaving Europe

Tony Blair believes European leaders would be willing to tighten up the free movement of people as a way to avoid Britain leaving the EU. The UK former prime minister suggested the “will of the people” may be changing as the difficulties of Brexit negotiations become apparent and called for a “proper debate” over the different options, including remaining in a reformed EU.