Political News
FX round-up: Sterling holds up well as attentions turn from Macron to ECB, US tax reforms
Sterling held up relatively well on Tuesday -- up on the dollar but down on the euro -- as the market looks to the European Central Bank's rate decision later in the week, US tax reforms tomorrow and a stack of other economic data due on both sides of the Atlantic.
London close: FTSE consolidates Macron gains as gaze turns to US tax reforms
Stocks in London spent Tuesday consolidating their gains after Monday's sprint higher on the outcome of the first round of voting in France's presidential election, with traders now turning their attentions to potential US tax reforms.
Treasury committee chairman Andrew Tyrie steps down
Influential Conservative MP Andrew Tyrie announced on Tuesday that he will not to stand at June's general election.
EU to demand customs fraud solution in Brexit negotiations
The UK government must agree to a deal to prevent large-scale customs fraud being routed from China via Britain as part of any Brexit trade deal, according to newspaper reports.
Trump administration considers laptop ban for European flights
European passengers travelling to the US may face a ban on bringing their laptops on board as Donald Trump weighs up plans to restrict the use of computers on flights from Europe.
UK election: Labour says it would retain option of staying in customs union
Britain's opposition Labour Party said it would retain the option of staying in the European customs union and confirm the rights of EU nationals in the UK to stay in the country.