Political News
27 EU member states to vie for two London-based agencies
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.
FX round-up: Sterling gains on dollar thanks to UK policy hawks coming to fore
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.
London close: FTSE labours through Friday as sterling gains on underwhelming dollar
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.
Citizens from EU countries will be able to stay reiterates May
Prime Minister Theresa May defended her proposals regarding the future rights of EU citizens in the UK.
Commodities: Safe-haven gold likely to remain supported going forward
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.
Donald Tusk says UK rights proposal 'below expectations'
European Council President Donald Tusk has said Theresa May’s offer to protect EU citizens’ rights post-Brexit is “below our expectations”.
Gap between home price growth in South and rest of UK to close, Hometrack says
Annual average UK city house price growth slowed in May, but increased during the last three months, the results of a survey showed.
Sydney to erect barricades to prevent a likely vehicle attack
Sydney police said on Friday they will deploy concrete barricades in the city to prevent the risk of a vehicle attack by extremists.
May's offer on EU expats after Brexit labelled 'pathetic'
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".
Saudis tell Qatar to shut down al-Jazeera as part of deal to end blockade
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.
Weakened May throws EU citizens rights on table in opening Brexit gambit
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.
Fridge fire started Grenfell blaze as police confirm cladding failed safety tests
The Grenfell Tower blaze which has left at least 79 people dead was the result of a fridge fire, Metropolitan Police confirmed on Friday.
Trump denies obstruction of justice, rejects tape claims
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.