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Johnson suffers blow as Tory MP defects to Labour

  Bloomberg Boris Johnson suffered a major setback as he seeks to hold onto power after a member of Parliament in his ruling UK Conservative Party defected to the main opposition. The move by Christian Wakeford, who was elected in 2019 in one of the many so-called red wall seats that swung from Labour to Johnson’s Tories in the general ...

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Macron: London must respect Brexit pledges

  Bloomberg President Emmanuel Macron said the only way for France to remain friends with the British government is if London respects its post-Brexit commitments. Macron told European lawmakers in Strasbourg on Wednesday that Europe and the UK “must get back on the path of trust.” His comments come a week after UK and EU Brexit negotiators agreed to intensify ...

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UK inflation surprises with jump to highest in 30 years

  Bloomberg Britain’s inflation rate surged unexpectedly to the highest since 1992, sharpening a squeeze on households and adding to pressure on the government and Bank of England to respond. Consumer prices surged 5.4% from a year ago in December, driven by a broad increase in the cost of food, restaurant meals and furniture, the Office for National Statistics said ...

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