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Jacob Rees-Mogg warns of economic uncertainty as his investment firm launches second Irish fund

Jacob Rees-Mogg has suggested it could take 50 years to judge whether Brexit has been an economic success. The dire warning comes as the leading Brexiteer launched a second fund in Ireland. Somerset Capital Management (SCM), which ploughs millions of pounds into emerging markets, created the fund to meet demand from international investors. The UK’s withdrawal from the EU has forced many asset managers to set up replica product ranges in European investment hubs such as Dublin and Luxembourg in order to...

Revealed: how tax avoidance firms prey on NHS agency staff

As the NHS is increasingly forced to rely on contract staff from agencies we reveal how they are being preyed on by unscrupulous financial companies in a bid to "pull the wool" over the eyes of the taxman that could also leave many penniless. New tax rules have left locum nurses and doctors out of pocket, making them an easy target for exploitative ‘Umbrella’ companies, who openly target NHS staff, offering to save them money by paying their wages in...

Stansted forex bureaus offer just €0.89 to the pound ahead of big summer getaway

Foreign exchange bureaus at one of Britain's busiest airports were offering just €0.89 for each pound today ahead of the big summer getaway. With schools across the country set to close for the holidays in the coming week the pound to euro exchange rate hit one of the lowest rates ever seen. The pound fell below $1.30 on Thursday - its lowest level since September last year -after a surprise fall in retail sales in June, confounding expectations of an increase....

Tories left scratching their heads as crime surges while officer numbers hit a record low

Crime has surged while officer numbers have hit a record low, according to Office for National Statistics (ONS) figures. The results make for bleak reading for the Conservatives who after years of austerity cuts are starting to see the real impact on communities. The number of police officers hit a record low this year and the proportion of recorded crimes that result in someone being charged or summoned to court fell to another record low at 9 per cent – fewer...

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