A senior Tory MP has blasted the Treasury’s failure to plan around a Leave vote, as revealed by top civil servant earlier today July 7, 2016 A senior Tory MP and Brexiteer has blasted the Treasury's failure to plan for a Leave vote, as revealed by a top civil servant earlier today. Speaking to the public accounts committee, the Treasury's most senior civil servant admitted that his department made no plans for a Brexit vote. Tom Scholar, the permanent secretary to the [...]
The former boss of Barings Bank has said he cannot recall Andrea Leadsom, despite the energy minister claiming to have played a central role in the aftermath of its collapse July 7, 2016 The former chief executive of Barings Bank has questioned Tory leadership contender Andrea Leadsom's claims of working at the centre of attempts to halt a financial crisis in the aftermath of the bank's collapse. Leadsom, who will face home secretary Theresa May in a battle to become the next Prime Minister, has regularly referred to her [...]
Theresa May will face Andrea Leadsom in a poll of Conservative members to decide the next Prime Minister July 7, 2016 Home secretary Theresa May will face energy minister Andrea Leadsom in the final contest to succeed Prime Minister David Cameron. Justice secretary Michael Gove was eliminated in a ballot of Conservative MPs today. A date has yet to be set for the final vote, although the Tories have pledged to select a new leader by September 9. [...]
Labour’s Stephen Kinnock has demanded answers on Tata UK plans, as business minister Sajid Javid heads to India July 7, 2016 Labour MP Stephen Kinnock has called for clarity on the latest plans for Tata Steel's UK operations ahead of business secretary Sajid Javid's trip to Mumbai this weekend. Javid will be flying to India tonight ahead of a Tata board meeting tomorrow. And Kinnock, whose Aberavon constituency includes the Tata Port Talbot works, has handed [...]
The Houses of Parliament have fully re-opened after alarms were raised over a suspicious package July 7, 2016 The Houses of Parliament have now fully re-opened after a security alert centred on a suspect package earlier today. Police were called around 12.30 today in relation to a package delivered to the Houses of Parliament. The security alert resulted in parts of the House of Lords car park and terrace being shut off. Some peers were [...]
Chancellor George Osborne has secured the backing of five investment banks as he seeks to protect the role of the City after Brexit July 7, 2016 George Osborne has secured the support of the leaders of five investment banks as the government seeks to protect the City following last month's Brexit vote. Osborne met with bosses from Standard Chartered, Goldman Sachs, Bank of America Merrill Lynch, Morgan Stanley International and JP Morgan earlier today. And now the bankers and Osborne have [...]
Home secretary Theresa May remains the favourite to replace David Cameron as MPs vote to select the final candidates for the Tory leadership July 7, 2016 Home secretary Theresa May remains the overwhelming favourite to succeed David Cameron as Tory MPs vote again on the contenders for the leadership. They are voting today to choose the final two candidates for Conservative leader, and therefore Prime Minister. The final two will be voted on by party members, with the Conservatives planning to [...]
Brexit fallout: How to survive ‘survival mode’ July 7, 2016 For a nation that prides itself on remaining calm, the past few months have brought a rollercoaster of emotion. Whether we voted for or against Brexit, many of us are still feeling bruised by the campaign and its immediate aftermath. And far from this unusual period being over, we now likely face two leadership contests and months or [...]
Ruth Davidson to back Theresa May for Conservative leader July 7, 2016 Scottish Conservatives leader Ruth Davidson is to back home secretary Theresa May in the leadership race, once there are two candidates left in the race, Morning Wire understands. Davidson, who led the Tories to second place in the Scottish parliamentary elections in May, will back her irrespective of whom she ends up against, the Telegraph first [...]
One of the most likely contenders to launch a Labour leadership challenge has delayed a decision until after the weekend July 7, 2016 Labour's Owen Smith, long considered one of the most likely contenders to launch a leadership challenge on Jeremy Corbyn, has delayed a decision until after the weekend. Smith, the former shadow work and pensions secretary, has long been rumoured as a potential challenger to Jeremy Corbyn, alongside the former shadow business secretary Angela Eagle. Earlier this week, Eagle [...]