London’s FTSE 100 stock index set a record closing high on Friday (Feb 3) finishing up more than 1% at 7,901.8 points – beating the previous record set in May, 2018 when the FTSE 100 closed at 7,877.45. Investors are reportedly backing the UK’s blue chip firms to benefit from the weak pound combined with […]
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Rishi Sunak is facing his first defeat in the House of Commons over the online safety bill and plans to fine social media bosses rather than jailing them for failing to protect children from harmful content. Labour has vowed to back an amendment already supported by nearly 50 Conservative MPs that would see social media […]
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Rishi Sunak is under increasing pressure with growing numbers of disgruntled Conservative MPs rebelling over onshore wind farms, planning reforms and a proposed crackdown on overseas students. Former prime ministers Boris Johnson and Liz Truss signed a rebel amendment last week against Sunak’s de-facto ban on onshore wind farms. Cop26 president Alok Sharma also signed […]
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Boris Johnson’s Brexit bill “climbdown” with MPs over his contentious internal markets bill is not enough for Europe or senior members of his party. EU trade commissioner Valdis Dombrovskis said the UK government must “correct” its position before talks on economic and political relations can continue, while the European Commission (EC) said their ultimatum for […]
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