Political News
UK needs £40bn tax raise to balance books - IFS
A tax raise of approximately £40bn is needed each year for the UK government to maintain its current spending rate and reduce the deficit by 2020, the Institute for Fiscal Studies has calculated.
Toys R' Us set to shut all UK stores, 3,000 employees to lose their jobs
Toys R Us are set to start closing all 100 UK stores on Thursday leaving 3,000 staff on the street after the retailer failed to find a buyer, leading to the collapse of the company.
Which? claims holidaymakers aren't warned about post-Brexit flight cancellations
Which? has revealed that millions of holidaymakers haven’t been warned properly by travel companies of the consequences of a ‘no deal’ on aviation post-Brexit, which includes potential flight disruptions and booking cancellations.
UK expels 23 Russian diplomats over Salisbury nerve agent poisoning
The UK will expel 23 Russian diplomats after the Kremlin failed to explain its involvement in the poisoning of former double agent Sergei Skripal and his daughter Yulia.
Melrose proposes binding GKN undertakings to MPs
Melrose Industries has sought to reassure MPs about its proposed hostile takeover of GKN by proposing binding commitments on research, pensions and other matters of political concern.
Investors expect delays in Brexit talks, Barclays survey finds
Investors expect significant delays in Brexit negotiations after the UK and the EU set out contrasting versions of a deal, a survey by Barclays shows.