Theresa May is facing backlash and a potential House of Commons revolt after the Work and Pensions Secretary admitted her universal credit policy would disadvantage some families. Esther McVey commented yesterday that some people will be made poorer under the new benefits system, directly contradicting the government’s line on the policy. The Resolution Foundation think-tank […]

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The Financial Times declared today that it will pull out of Saudi Arabia’s Future Investment Initiative amid pressure after a Saudi journalist went missing this week. The newspaper followed CNN’s move to withdraw its participation from the FII, along with Viacom CEO Bob Bakish and Uber CEO Dara Khosrowshahi, after journalist Jamal Khashoggi went missing […]

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A week on from Theresa May’s ABBA-themed riposte to those who mocked her dancing, tensions surrounding Brexit negotiations have spiralled into a bizarre dance-off between the Prime Minister and her opponent in the exit talks, President of the European Commission, Jean-Claude Juncker. After a Daily Telegraph journalist accused Juncker of mocking the Prime Minister by […]

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Chinese exports rose in September, despite the increasing pressure from the United States tariffs amid the continued trade war between the two powers. According to government data published on Friday, Chinese exports rose 15% last month – an increase in August’s surplus of $27.89 billion and significantly better than predicted by analysts. China achieved a […]

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Nonfarm payroll employment figures for September 2018 released today by the US Labor Department indicated a decline in unemployment, which fell to figures unseen since December 1969. The American unemployment rate declined by 0.2% to 3.7% over September, though the number of involuntary part-time workers in America’s workforce increased by 263,000 to 4.6 million. Trump […]

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Theresa May’s attempts in her Conservative Party Conference speech to shed her ‘Maybot’ image and rehabilitate faith in her leadership after a disastrous showing during last year’s speech received a mixed response from the public and online commentators. Referencing the mockery she received after her awkward and robotic dancing on film during her visit to […]

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Elon Musk, the chief executive of Tesla, lashed out at the US Securities and Exchange Commission last night on Twitter, leading to an immediate fall in Tesla’s stock market value. Mr Musk branded the SEC the “Shortseller Enrichment Commission” in a series of tweets which saw the CEO mock the regulator hours after a federal […]

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Boris Johnson proposed a ‘SuperCanada’ free trade deal with the European Union last night, sharply criticising the government’s handling of Brexit negotiations. Writing in his The Daily Telegraph column, Mr Johnson described Theresa May’s Chequers deal as ‘disastrous’, urging the Prime Minister to drop her plans for a ‘common rulebook’ with the EU within a […]

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