Political News
Labour loses Copeland in historic defeat, holds Stoke-on-Trent
The Labour Party suffered a humiliating defeat in its heartland seat of Copeland on Thursday night, losing it to the ruling Conservatives for the first time in 80 years and heaping pressure on Labour leader Jeremy Corbyn despite narrowly winning a second by-election in Stoke-on-Trent Central.
London close: FTSE 100 dragged down by banks and miners
Banks and miners led the FTSE to a lower close Friday, in a session awash with blue-chip news including disappointing annual results from Royal Bank of Scotland and Standard Chartered, among other stocks reporting.
Berenberg downgrades Goldman Sachs as Trump rally 'may have peaked'
Goldman Sachs has been downgraded to 'sell' by Berenberg as the German bank indicated its belief that the investment banking behemoth's stock is now overvalued and that it could face structural headwinds in 2017.
Trump whips up CPAC with 'massive' tax cut pledge, Mexico wall timetable
President Donald Trump told the Conservative Political Action Conference he would "massively" lower taxes for America's middle classes as well as trimming business taxes, while also pledging to begin undoing his predecessor's 'Obamacare' healthcare laws in coming months.
Mexican current account deficit narrows further in fourth quarter 2016
Mexico's current account deficit narrowed over the last three months of 2016 on strength in manufacturing, but risks were on the rise, economists said.
French election concerns to keep dragging stocks lower
The upcoming French presidential elections of 23 April and 7 May are a key concern for investors as jitters seeped further into European Markets at the end of the week.
Snoopers' Charter data retention on hold, says Home Office
The Home Office reportedly admitted its plans for the mass collection of data from Britons were on hold on Friday, after a recent ruling from the European Court of Justice.
Royal Mail hikes postage prices in line with Brexit-charged inflation
Royal Mail is hiking the price of first- and second-class postage stamps by amounts in line with UK's Brexit-charged rate of inflation, adding to the increasing shop-counter burden faced by consumers.
Polish army generals removed by government despite NATO plea
Poland's government has deposed the vast majority of its military leadership as it seeks to rid the country's institutions of officials appointed by the previous government.
Ex-IMF chief Rodrigo Rato sentenced to four years in prison
A former head of the International Monetary Fund has been sentenced to four years in a Spanish jail after he was found guilty of the misuse of corporate credit cards during his time in charge of regional state-owned lender Caja Madrid.
Trump insists on increasing US nuclear arsenal
President Donald Trump has said that the US should expand its nuclear capability while there is no agreement to eradicate weapons on a global scale.