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Corbyn “disappointed” as seven MPs leave Labour party

Seven Labour MPs have quit the party and will sit as an independent group in the House of Commons. The MPs who have left Labour are Chuka Umunna, Luciana Berger, Chris Leslie, Angela Smith, Mike Gape, Gavin Shuker and Anne Coffey. Luciana Berger told a press conference to announce the split that she “cannot remain in a party that I have done to the sickening conclusion is institutionally antisemitic. “We will sit in parliament as a new independent group of...

Billionaire who campaigned for Brexit to relocate to Monaco to save £4bn in tax

Prominent Brexiteer Sir Jim Ratcliffe is to relocate to Monaco in a bid to save up to £4bn in tax, it has been reported. The Sunday Times revealed that the founder of the chemicals giant Ineos is working on a plan to avoid tax with accountancy firm PwC, which is also likely to involve senior executives Andy Currie and John Reece. The plan could deprive the Treasury of between £400 million and £4 billion in tax revenue. Speaking on the BBC1’s The Andrew Marr...

MPs set to leave Labour and launch new party

In the biggest split in the Labour party since the 1980s, when the breakaway SDP was formed, it is expected that a number if MPs are set to leave Labour today, There have been rumours swirling for sometime, and momentum for the plan appeared to be increasing last week. It is thought about four or five MPs are willing to make the jump. It is rumoured that Chuka Umunna Chris Leslie, Luciana Berger, Gavin Shuker, Angela Smith and Mike Gapes...

UK airline suspends all operations amid Brexit uncertainty

UK airline FlyBMI has suspended all operations and filed for administration amid Brexit uncertainty, it was announced this weekend. The East Midlands-based airline offered services from various UK airports and operated 17 regional jet aircraft on routes to 25 European cities, carrying over half a million passengers on 29,000 flights in 2018. The company said it had been badly affected by spikes in fuel and carbon costs and uncertainty over Brexit. A spokesperson for flybmi said: “It is with a heavy...

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