Met Police drop investigation into Arron Banks and Nigel Farage’s Leave.EU September 13, 2019 The Brexit campaign backed by British millionaire Arron Banks and Nigel Farage will face no further criminal investigation into the spending return it submitted. Leave.EU was one of the campaigns supporting Brexit during the 2016 EU referendum. While police accepted there were “some technical breaches of electoral law”, they said there was “insufficient evidence to [...]
Boris Johnson to meet European Commission President Jean-Claude Juncker for Brexit talks September 13, 2019 Prime Minister Boris Johnson is set to meet European Commission President Jean-Claude Juncker on Monday to discuss Brexit. It will be the first time the pair have met for face-to-face talks since Johnson became Prime Minister in July. Read more: John Bercow vows ‘creativity’ to stop Johnson dodging Brexit delay Downing Street has confirmed the [...]
Woodford Patient Capital Trust share price sinks amid writedown September 13, 2019 Neil Woodford suffered a fresh blow today as shares in his listed investment fund dropped after it was forced into a writedown of the value of a holding. Woodford Patient Capital Trust’s (WPCT) share price sank 3.7 per cent in early trading after administrator Link marked down the unnamed holding. Read more: Woodford Trust and [...]
Sadiq Khan under fire for calling Shaun Bailey ‘frit’ in heated City Hall exchange September 12, 2019 Sadiq Khan and Shaun Bailey have traded fresh blows at City Hall this morning, with the mayor calling his Conservative challenger “frit,” and “a wuss”. Khan came under fire from the Conservative Assembly Member for being childish during the monthly Mayor’s Question Time, after implying he was too scared to ask him questions. Read more: [...]
‘Bad for business’: Financial lobby group criticises McDonnell’s planned financial transactions tax September 12, 2019 Shadow Chancellor John McDonnell’s plans to extend the scope of Labour’s proposed financial transactions tax have come under criticism from the head of a City lobby group. “A tax on financial transactions would be bad for business, bad for investors, bad for savers, and bad for the economy,” said Miles Celic, chief executive of Thecityuk. [...]
Seeing, but not believing: The threat from Deepfake videos September 12, 2019 Both traditional and social media lit up earlier this year following the launch of a ground-breaking campaign for charity Malaria No More which was fronted by David Beckham. In this 55-second video ad, the football star makes a passionate appeal for support. He makes it, however, in nine different languages. No, David Beckham has not [...]
Vaping ‘a problem’, says Trump as officials move to ban flavoured e-cigarettes September 11, 2019 US President Donald Trump today said that vaping is “not wonderful” as he moved to ban flavoured e-cigarettes from the US market. New proposals put forward by the administration would ban all flavours, apart from tobacco, from being sold in the US. Read more: Altria gets Juul for Yule as Marlboro maker bets big on [...]
Woodford loses £43.5m in fire sale from frozen fund September 11, 2019 Beleaguered stock picker Neil Woodford has lost at least £43.5m selling off stocks from his frozen Equity Income Fund, despite having assured investors that the suspension would limit pressure to offload assets at reduced prices. Read more: Woodford crisis wipes £36m off Kent County Council’s stake in flagship fund Woodford lost money on eight out [...]
Mike Ashley survives shareholder vote at Sports Direct meeting September 11, 2019 Mike Ashley emerged from today’s Sports Direct meeting relatively unscathed as shareholders voted to re-elect him as a director of the FTSE-250 firm. In total, 90.99 per cent voted to reappoint Ashley as a director and 9.01 per cent voting against. However, Ashley owns 61 per cent of the shares. Read more: Mike Ashley to [...]
Prime Minister Boris Johnson faces ERG rebellion as sources hint at shift on backstop September 11, 2019 Parliament has been shut down for the next five weeks – but Boris Johnson has just 50 days to get a deal and save his premiership. At the same time, rebels on both sides are threatening to thwart him. Read more: Parliament prorogued: Scenes of chaos play out in Commons Working for the man Despite [...]