POLITICAL NEWS
17:39
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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17:26
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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17:01
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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16:57
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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12:02
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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10:27
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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21 Jun
London close: FTSE ends down after Queen's Speech, Haldane's rate-rise comments
bank of england

Shares in London were under pressure Thursday as sterling zipped ahead on news Bank of England chief economist Andy Haldane said he would likely vote for a rate rise later in 2017.

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21 Jun
Grenfell Tower survivors to be rehoused in luxury complex
grenfell2

The UK government has bought 68 flats in a luxury west London apartment block in order to rehouse the survivors of the Grenfell Tower fire.

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21 Jun
Macron's new government loses third minister as MoDem's Bayrou resigns
bayrou-force-de-lacher-son-fief-bearnais

François Bayrou, French justice minister and key ally of Emmanuel Macron, has resigned from his position as his MoDem party face allegations of corruption.

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21 Jun
Instability worries as Saudi crown prince replaced by son of King Salman
saudiarabia

The king of Saudi Arabia has unexpectedly removed nephew Mohammed bin Nayef from his influential role as crown prince and deputy prime minister, replacing him with his son Prince Mohammed bin Salman.

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20 Jun
Tories and DUP set to face legal challenge as deal wobbles
dup northern ireland arlene

Theresa May’s Conservatives could be hit with a legal challenge over a proposed deal to govern with Northern Ireland’s DUP, according to reports that emerged as two sides struggled to seal a final agreement.

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20 Jun
FX round-up: Loveless sterling southbound as Carney jawbones on rates
carney boe bank

Sterling resumed its ride lower again on Tuesday after Bank of England governor Mark Carney said now was not the time to raise UK interest rates.

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20 Jun
London close: Resources drag FTSE down as sterling fades after Carney's comments

Stocks in London finished lower on Tuesday amid hefty falls in the shares of mining and oil majors, as traders bashed sterling down after Bank of England governor Mark Carney said the time was not right for an interest rate hike.

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20 Jun
UK culture secretary Bradley mulls Fox's Sky takeover
sky tv bskyb television

Culture Secretary Karen Bradley said by next Friday she would decide whether Sky's takeover by 21st Century Fox should be referred to full competition investigation.

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20 Jun
Hammond speech pushes for transitionary period post Brexit
hammond philip chancellor

Chancellor Philip Hammond used his Mansion House speech to assure the City that he would try and press for a transitionary agreement keeping the UK in the customs union until new rules are implemented.

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20 Jun
Trump condemns North Korea after death of jailed US student
kim jong un corea

US President Donald Trump has condemned the actions of North Korea after student Otto Warmbier died after returning from the secretive state in a coma following a stint in prison.

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20 Jun
Europeans want hard line in Brexit negotiations, poll shows
brexit letter

EU leaders should take a firm stance in Brexit negotiations with Britain, according to a poll carried out with citizens from nine major European nations.

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20 Jun
Carney's Mansion House speech: 'now is not yet the time' for rate rise
mark carney portada

Bank of England Governor Mark Carney said interest rates would remain unmoved from their current low levels for a while longer given the "mixed signals" from the UK economy, an argument that send the pound lower on Tuesday.

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