Political News
Arron Banks faces MPs' questions over potential Russian funding for Brexit
Key players from the Leave. EU platform, Arron Banks and Andy Wigmore, face a grilling from MPs on Tuesday over alleged meetings with the Russian ambassador during the campaign.
Theresa May loses justice minister as crucial Brexit vote looms
A junior minister has resigned in protest against the government’s handling of Brexit, with others reported to be threatening to do so, dealing a major blow to the Prime Minister on the day of a key Commons vote on the EU withdrawal bill.
May set to avoid defeat on customs union vote with last minute deal
Prime Minister Theresa May faces an important two days of House of Commons debate on Brexit but has avoided a humiliating defeat on customs union vote after reaching a compromise with pro-EU rebels and leading Brexiters.
Trump and Kim sign historic statement at Singapore summit
President Donald Trump and Kim Jong Un signed a joint statement in an important step towards the denuclearisation of North Korea at a summit in Singapore early on Tuesday.
Onshore wind farms could save consumers £1.6bn on energy bills
UK consumers could save up to £1. 6bn on their energy bills if the government backs the construction of more onshore wind farms.
US-Korea talks progressing 'more quickly than expected'
The White House has confirmed that discussions between the US and North Korea are progressing "more quickly than expected" ahead of Tuesday’s summit in Singapore.
UK's lead in foreign investment challenged by Brexit and 'Macron effect'
Paris has overtaken London for the first time to become Europe’s second-most attractive destination for foreign investors.
Longer-term UK inflation expectations rise in May, BoE says
Britons' inflation expectations rose in May, despite the recent slowdown in price pressures, the Bank of England said.
Trump snubs May and launches furious rant at trade allies ahead of G7
Tensions between US President Donald Trump and other leaders of the G7 heightened on Friday ahead of the Canadian summit as French President Emmanuel Macron urged the other six leaders to stand up to American "hegemony".
Davis, May compromise over 'backstop' Irish border plan
Brexit Secretary David Davis and Prime Minister Theresa May on Thursday averted a crisis when they agreed a compromise on the proposed Irish border "backstop" plan stating the arrangement should be in place by the end of December 2021 and "time limited" .
China's ZTE agrees to $1bn fine and American compliance demands, US's Ross says
Chinese telecommunications giant ZTE has agreed to pay a $1bn fine and to the presence of a compliance team chosen by US officials inside the firm as part of a deal to regain access to American-made components and technology.
Nick Clegg: The UK will be the first country to introduce trade barriers in Europe since WWII
That Nick Clegg, former British deputy prime minister, is a fervent opponent of Brexit is no secret.
EU to retaliate with tariffs on US products as soon as July
The European Commission endorsed a decision on Wednesday to impose additional tariffs on a list of US products.
Labour split over single market amendment plan
The opposition UK Labour Party is divided over its stance on Britain's membership of the single market, its Brexit spokesman admitted on Wednesday.
Tory rebels pile pressure on May ahead of new Brexit Bill vote
UK Prime Minister Theresa May faces a backbench revolt from 12 Tory backbenchers who are threatening to vote against government proposals on post-Brexit customs union arrangements on Tuesday.
Ministers to approve plans for third runway at Heathrow Airport
Controversial plans for a third runway at Heathrow Airport were expected to be confirmed on Tuesday by Transport Secretary Chris Grayling.
Tuesday preview: Services surveys, Brexit talks, AO World results
Tuesday is the day for services purchasing managers' index reports, with the UK joined by China, a host of eurozone economies and the US, while the latest round of Brexit talks will kick off in Brussels.
UK to formally propose time-limited extension of current customs union this week
Westminster will propose to Brussels a time-limited extension of the current tarriff arrangement with the European Union this week, Bloomberg reported citing two persons familiar with the government's plans.
China warns 'all trade deals are off' if US raises tariffs
China has threatened to withdraw from its previously agreed commitments with Washington to cut its bilateral trade deficit on goods with the US if President Donald Trump moves ahead with tariffs on $50bn-worth of Chinese products.
America's allies retaliate against tariffs, raising fears of full-blown trade war
Canada and Mexico have responded quickly to US tariffs on their steel and aluminium exports, putting in place countermeasures on various US products, with the European Union poised to follow suit.