Interest rates would be hiked if Britain achieves orderly Brexit, says Bank of England May 30, 2019 Deputy governor of the Bank of England Dave Ramsden has said interest rates would need to be hiked if Britain leaves the European Union in an orderly manner with a transition deal. Read more: Hammond may topple new PM to prevent no-deal Brexit Ramsden, speaking in Inverness, Scotland, said although he expected growth to pick [...]
Chancellor Philip Hammond vows to topple next Prime Minister to avert no-deal Brexit May 30, 2019 Chancellor Philip Hammond has hinted he could try to topple the next government if it meant averting a no-deal Brexit. Read more: Tory leadership race: Who are the leading candidates? Warning that “national interest trumps the party interest”, Hammond told Sky News he would back a no-confidence vote in the next Prime Minister to prevent [...]
Post-Maybot, the Tories are on the hunt for a likeable leader May 30, 2019 Every Tory leadership election has a flavour. In 2016, after childishly airing our dirty laundry to our European neighbours during the bitter referendum, a sheepish UK was looking for a “grown-up”. Six years of boyish David Cameron making rash decisions on behalf of the country had taken its toll on the Conservative party, and the [...]
Penny Mordaunt poised to join Conservative leadership contest May 29, 2019 Defence secretary Penny Mordaunt is poised to join the increasingly crowded field of candidates seeking to succeed Theresa May as Prime Minister. In article for the Conservative Home website, set to be published at 9am on Thursday, Mordaunt warns the upcoming leadership contest must not descend into “a fight against competing factions” as she urges [...]
Theresa May calls for return of maintenance grants for poorer students May 29, 2019 Theresa May will call for the reintroduction of maintenance grants for university students from poorer backgrounds on Thursday. The outgoing Prime Minister is backing a recommendation made by an independent review of further education, which calls for handouts of at least £3,000 for those from poorer backgrounds. Maintenance grants were axed in 2015 by then-chancellor George [...]
Matt Hancock breaks Tory clean campaign pledge with broadside against Boris Johnson May 29, 2019 Health secretary and Tory leadership candidate Matt Hancock has gone against a “clean campaign pledge”, lashing out in an interview with the Financial Times at Boris Johnson and his past anti-business comments. Read more: Sajid Javid declares bid to run for Tory leader Addressing Johnson’s alleged and much-criticised remark, reportedly made in June 2018, Hancock said: [...]
EU leaders tell UK the Brexit deal cannot be renegotiated May 28, 2019 EU leaders have ruled out any renegotiation of the Brexit deal as Theresa May once again called for MPs to compromise. Arriving for her final summit in Brussels on Tuesday, numerous leaders made it clear to May the proposal which has been rejected by the UK parliament three times was the only deal on offer. Outgoing [...]
Tony Blair: Jeremy Corbyn made ‘same mistake’ on Brexit as Theresa May May 28, 2019 Tony Blair has blamed Jeremy Corbyn's lack of clarity for Labour’s disastrous performance in the European elections, saying he made the “same mistake” as Theresa May in trying to “sit on the fence” on Brexit. Read more: Alastair Campbell expelled from the Labour Party Despite admitting to having voted Labour “without any great enthusiasm” on [...]
Jeremy Hunt calls no-deal Brexit ‘political suicide’ as Matt Hancock backs ‘mission critical’ Brexit May 28, 2019 Tory leader hopeful Jeremy Hunt has warned that a no-deal Brexit would be “political suicide” as heavyweights set out their stalls ahead of next month’s party leadership contest. Read more: Brexit party storms ahead in EU elections as voters shun Labour and Tories Instead of pushing for the UK to crash out of the EU, [...]
Farewell to Theresa May, the most ineffectual Prime Minister in modern history May 28, 2019 When Theresa May departs from Number 10 for the final time, her portrait will be added to the collection which snakes down the main staircase. It is the ritualised ending for all Prime Ministers, good, bad or indifferent. It will be hard for her to walk down those stairs without thinking of her legacy, and [...]