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Tory MPs demand May set a date to quit as Prime Minister

Prime Minister Theresa May is set to meet senior Conservative MPs today in a showdown over her future. Read more: Labour hand May a Brexit deal lifeline by refusing to vote down her plan May is holding talks with members of the executive of the backbench 1922 committee as pressure mounts on her to set an exit date. Sir Geoffrey Clifton-Brown, 1922 committee treasurer,
Money

This series of UK politics feels suspiciously like daytime TV

Last weeks local elections were a democratic amuse bouche. A mere mouthful of popular sentiment, sending a message to the political elite that an offering meant to delight the taste buds has fallen as flat as a soggy souffle. Like a daytime TV rerun of MasterChef, it involved lots of familiar names and tried but tired recipes. The government will be breathing a sigh of
Money

No, the British aversion to foreign languages isnt charming

Avez-VOUS bien fermé votre porte à clé ce matin? How many Londoners would immediately understand this sentence on their morning commutes? I would wager not many. Certainly, if the English equivalent were written in Der Spiegel, la Repubblica, or Aftonbladet, the majority of German, Italian, or Swedish readers would have no problem telling you what it meant. The common
Money

No, the British aversion to foreign languages isnt charming

Avez-VOUS bien fermé votre porte à clé ce matin? How many Londoners would immediately understand this sentence on their morning commutes? I would wager not many. Certainly, if the English equivalent were written in Der Spiegel, la Repubblica, or Aftonbladet, the majority of German, Italian, or Swedish readers would have no problem telling you what it meant. The common
Money

Brexit bites: Tories and Labour suffer local election backlash

Voters expressed their frustration with Theresa Mays Conservative party and Jeremy Corbyns Labour at the ballot box yesterday, it has emerged, as results continue to pour in across the UK. So far both major parties have accepted they have suffered a backlash over gridlocked Brexit negotiations, with representatives having made little progress in cross-party talks. Read
Money

City broker Numis profits plunge due to political uncertainty

Numis saw profits slide 64 per cent in the first half of the year as the City broker was affected by a slowdown in UK dealmaking and weakening investor sentiment due to the political uncertainty caused by Brexit. The figures Shares fell 3.9 per cent after the AIM-listed company reported profit before tax dropped to £7.1m in the six months to the end of March, down from
Money

UK services sector struggles back to marginal growth in April

Britains services sector improved just enough to return to growth last month after shrinking in March, but the economy remained “more or less stalled” according to analysts. Read more: US services sector continues its trend of solid growth The services purchasing managers index (PMI) stood at 50.4 in April, compared to a more than two-year low of 48.9 in March. The PMI,