1st August 2019

US Congress reaches deal to avert budget showdown

Image copyright EPA Image caption Mitch McConnell said the bill would prevent any debt crisis The US Senate has approved a two-year federal budget deal that includes big spending increases. The bill, which has already…


Bank of England cuts UK growth forecast

Image copyright Getty Images The Bank of England has cut its forecasts for UK growth over the next two years. It also warned that a no-deal Brexit would hit the economy and trigger a further…


BMW boss says PM should rule out no-deal Brexit

Image copyright EPA The chairman of BMW has warned Boris Johnson no-one would win from a no-deal Brexit and urged the new Prime Minister to listen to business. Harald Krueger said leaving the EU without…


Facebook: Did social network mislead MPs?

Image copyright Facebook Image caption Former Deputy Prime Minister Nick Clegg has been asked to answer MPs’ questions about the Facebook’s earlier testimony British MPs are taking Facebook to task over evidence appearing to contradict…



No-deal Brexit plans to get £2.1bn boost

Image copyright PA The government has announced an extra £2.1bn worth of funding to prepare for a no-deal Brexit – doubling the amount of money it has set aside this year. The plans include more…