UK ‘must prepare a Brexit fallback’

Image copyright PA The UK needs a “credible fallback” in case no EU trade deal is reached during Brexit negotiations, former Bank of England governor Mervyn King has said. Lord King said British negotiators needed to show Brussels the country has an alternative over a bad trade deal post-Brexit. The former governor, who served between […]

Election 2017: Tories ‘should have focused on change’

Image copyright PA Image caption Nick Timothy was Theresa May’s joint chief of staff The Conservative Party should have campaigned for “change not continuity” in the general election, one of Theresa May’s former leading advisers has said. Nick Timothy told the Daily Telegraph that Downing Street was also guilty of a breakdown in communication with […]

Irish PM: No economic border after Brexit

Media captionIrish PM: “Every single aspect” of life in Northern Ireland could be affected by the outcome of Brexit Irish Prime Minister Leo Varadkar has called for “unique solutions” to preserve the relationship between the UK and the European Union after Brexit. Speaking in Belfast during his first official visit to Northern Ireland, he raised […]

UK pledges £100m to global polio fight

Image copyright EPA The UK has pledged to donate £100m to a global bid to eradicate polio by 2020. The money will go towards immunising up to 45 million children against polio every year until then, in the hope the world can be declared polio-free. Polio was wiped out in the UK in the 1980s […]

Rise in Living Wage may have to wait, say small firms

Image copyright Getty Images Image caption Many small businesses are finding it hard to afford the National Living Wage, the FSB says Forthcoming rises to the National Living Wage may need to be delayed because of uncertain growth in the economy, small businesses have said. The wage is currently scheduled to rise to £8.75 an […]

Business group urges cabinet to agree on Brexit transition

Image copyright Gearstd Image caption The Institute of Directors has ideas about how to bridge the Brexit gap One of the UK’s biggest business lobby groups has urged the cabinet to stop “dancing around the edges” of Brexit. The Institute of Directors (IoD) called on the cabinet to come up with a “transitional agreement” to […]

North of England cities get £15m ‘cultural powerhouse’ boost

Image copyright Getty Images Image caption The Great Exhibition Of The North is to be held in Newcastle and Gateshead next year A £15m cash fund to boost culture and creativity across the North of England has been announced by the government. Culture Secretary Karen Bradley said the money would be given “to develop inspirational […]

Carney warns Brexit uncertainty is building

Media captionHouseholds have cut spending since Brexit, says Bank of England’s Mark Carney The governor of the Bank of England has warned that uncertainty over Brexit is already weighing on the economy. Mark Carney’s comments came as the Bank voted to hold rates and cut growth forecasts. It edged this year’s growth forecast down to […]

UK universities need urgent Brexit ‘clarity’ from ministers

Image caption Universities want to encourage key EU staff to stay UK universities could lose talented EU staff unless they receive “greater clarity” from the government on the post-Brexit rights of EU nationals, according to the Russell Group. The group of top research universities says Brexit is causing EU staff “uncertainty and anxiety” and making […]

Lower annual welfare cap affects 68,000 families

Image copyright Getty Images The first six months of the new lower benefit cap has seen 68,000 families having their welfare cut for the first time, losing each around £50 a week. The current cap applies to working-age adults and is £20,000 a year outside London and £23,000 in the capital, having been £26,000 across […]