Political News
May pledges to drive Brexit plan through despite Cabinet turmoil
UK Prime Minister Theresa May vowed to push through her Brexit after a day of turmoil that saw two Cabinet ministers quit and MPs openly talking of a no-confidence vote.
S&P reaffirms UK sovereign debt rating at AA, but outlook still negative
Standard&Poor's reiterated its rating on the UK's long-term sovereign debt, despite the risk that the withdrawal agreement that had been reached overnight between Brussels and London might not make it through Parliament, forcing both sides to return to the bargaining table.
Facebook reportedly involved in smear campaign against social media critics
Facebook stood accused of threatening democracy after a report from Open Society Foundations revealed it linked critics of the social media platform to non-profits’ founder George Soros in a move to discredit them.
Europe midday: Stocks dip amid post-Brexit deal political convulsions
Stocks across the Continent are trading slightly lower as investors digest the ongoing political convulsions in London, even as they keep a wary eye on the Italian government's antics with Brussels over its 2019 budget.
GVC avoids £700m payment for Ladbrokes takeover
GVC Holdings avoided paying almost an extra £700m for its acquisition of Ladbrokes after the government issued a new ruling on the UK fixed-odds betting machines.