May Names New UK Defense Secretary as Harassment Scandal Widens – New York Times

Politicians now wonder whether a tipping point has been reached, one that will force lawmakers and officials to clean up their act as they did after a scandal broke in 2009 over inflated expense claims. On Wednesday night, the leader of the Scottish Conservatives, Ruth Davidson, likened British politics to the mythical Augean stables with, […]

UK interest rates rise for first time in 10 years – BBC News

Media captionThe Bank of England may lift rates twice more over three years For the first time in more than 10 years, the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007. It is likely to rise twice more over […]

UK Probes Russian Social Media Influence in Brexit Vote – Bloomberg

The U.K. elections regulator is looking at whether Russia tried to use social media to illegally influence the Brexit referendum campaign. Bob Posner, the U.K. Electoral Commission’s director of political finance and regulations, said in a blog posted to the regulator’s website on Tuesday that it was speaking to Facebook Inc. and Twitter Inc. about […]

May to laud UK role in creation of Israel at Balfour centenary dinner – The Guardian

Theresa May is expected to say that Britain is “proud of our pioneering role in the creation of the state of Israel” at a gala dinner in London to commemorate the 100th anniversary of the Balfour declaration. The Israeli prime minister, Benjamin Netanyahu, and a host of dignitaries are attending the dinner on Thursday evening […]

UK bank accused of ‘criminal complicity’ in South Africa scandal – BBC News

Image copyright PA Lord Peter Hain has said a UK bank should be investigated for “possible criminal complicity” in connection with corruption allegations in South Africa. Lord Hain told the House of Lords he had sent print-outs of transactions and named the bank concerned in a letter to Chancellor Philip Hammond. He said the bank […]

UK interest rate decision looms – BBC News

Image copyright Getty Images The Bank of England will deliver one of the most closely watched interest rate decisions since the financial crisis later on Thursday. Economists and investors are expecting the first increase in a decade. In September, the Monetary Policy Committee (MPC) laid the groundwork for an increase “over the coming months” if […]

National Audit Office to examine UK’s Brexit divorce bill – The Guardian

Whitehall’s spending watchdog will scrutinise Britain’s Brexit divorce bill to make sure it represents value for taxpayers’ money, ministers have been told. Sir Amyas Morse, head of the National Audit Office, told the Treasury select committee that he will examine whether the bill, which is estimated to cost anything between £30bn and £90bn, represents value […]

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