POLITICAL NEWS
23 Jun
27 EU member states to vie for two London-based agencies
Gherkin, City of London and EU flag by Descrier

The EU have officially launched the competition between 27 member states to decide which will host the London based European Medicines Agency and the European Banking Authority.

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23 Jun
FX round-up: Sterling gains on dollar thanks to UK policy hawks coming to fore
currencies euro dollar pound money cash sterling

Sterling managed Friday gains on the US dollar thanks to UK monetary policy hawks coming to the fore in recent days, but was otherwise down against a raft of commodity currencies.

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23 Jun
London close: FTSE labours through Friday as sterling gains on underwhelming dollar
Canary Wharf and the O2, London Docklands; markets, finance, City

Stocks in London laboured through Friday as sterling made gains against an underwhelming US dollar a day after PM Theresa May met with European leaders in Brussels.

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23 Jun
Citizens from EU countries will be able to stay reiterates May
theresa may article 50

Prime Minister Theresa May defended her proposals regarding the future rights of EU citizens in the UK.

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23 Jun
Commodities: Safe-haven gold likely to remain supported going forward
Gold bars

Gold is front and centre on traders' charts with some picking the safe-haven asset will remain supported going forward thanks to a platter of political risk in both UK and Washington, as well as the global oil glut.

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23 Jun
Donald Tusk says UK rights proposal 'below expectations'
Donald Tusk by Platforma Obywatelska RP (Flickr)

European Council President Donald Tusk has said Theresa May’s offer to protect EU citizens’ rights post-Brexit is “below our expectations”.

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23 Jun
Gap between home price growth in South and rest of UK to close, Hometrack says
London houses

Annual average UK city house price growth slowed in May, but increased during the last three months, the results of a survey showed.

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23 Jun
Sydney to erect barricades to prevent a likely vehicle attack
sidney australia

Sydney police said on Friday they will deploy concrete barricades in the city to prevent the risk of a vehicle attack by extremists.

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23 Jun
May's offer on EU expats after Brexit labelled 'pathetic'
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A group campaigning for the residency rights of EU citizens living in Britain after Brexit called Theresa May's offer to the bloc on the issue "pathetic".

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23 Jun
Saudis tell Qatar to shut down al-Jazeera as part of deal to end blockade
ep entrevistaal jazeeraada colau

Saudi Arabia and other Gulf states on Friday demanded the closure of broadcaster al-Jazeera, among other conditions, in return for the lifting of its trade and diplomatic sanctions.

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23 Jun
Weakened May throws EU citizens rights on table in opening Brexit gambit
cbmay92

UK Prime Minister Theresa May used the three million EU citizens living in Britain as her opening gambit in Brexit negotiations, offering them a “settled status” if they had been in the country for five years.

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23 Jun
Fridge fire started Grenfell blaze as police confirm cladding failed safety tests
grenfell2

The Grenfell Tower blaze which has left at least 79 people dead was the result of a fridge fire, Metropolitan Police confirmed on Friday.

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23 Jun
Trump denies obstruction of justice, rejects tape claims
cbtrump24

Donald Trump has strongly denied allegations that he has obstructed the FBI investigation into links between his campaign and Russia, and also said he does not have tapes of his conversations with former director of the agency, James Comey.

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23 Jun
Brexit one year on: FTSE boosted as sterling suffers
cbmay92

It’s exactly one year to the day since one of the biggest political shocks of recent times unfolded before our eyes, as Britain bade goodbye to the European Union and rocked financial markets to their core as the plates of the Old Continent shifted irreversibly.

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22 Jun
FX round-up: Sterling mixed, prone to volatility as PM May heads Brussels
Theresa May

Sterling had a mixed Thursday as PM Theresa May went to Brussels to unveil to European leaders her allegedly more generous plans for the rights of EU citizens in the UK.

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22 Jun
London close: FTSE scrapes along as PM takes her Brexit show to Brussels
theresa may trump

The FTSE scraped along to a lower close as PM Theresa May looked took her Brexit and hung-parliament show to Brussels.

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22 Jun
Commodities: Crude gets a Thursday fillip higher, but downside risk remains
Nodding donkeys, pumpjacks, oil & gas, drilling

Prices of crude oil got a Thursday fillip higher as investors took some note of recent falls in US inventories, but nonetheless remain mindful of the black liquid's potential for further declines.

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22 Jun
Union alleges serious decline in construction inspections
housing, construction, building

The Unite union issued a statement on Thursday, confirming it was seeking “urgent meetings” with ministers and the Health and Safety Executive (HSE) after a freedom of information (FOI) request revealed a “sharp drop” in construction inspections.

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22 Jun
Trump state visit to UK will go ahead, Boris Johnson says
theresa may trump

Foreign secretary Boris Johnson has said Donald Trump’s planned state visit to the UK will go ahead, despite its omission from the Queen’s Speech on Wednesday.

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22 Jun
Trump floats idea of solar panels on Mexico border wall
cbtrump24

US President Donald Trump has suggested the construction of a border wall with neighbours Mexico could be partly financed by attaching solar panels to its structure.

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