News

News | Published September 22 2019

Weekly Review: Sep 16 - Sep 22

Every Sunday, we bring together the most important stories of the week from across a wide range of sectors.

Politics

· Leader Jo Swinson said the party would now “fight to stay” in the European Union, and cancel Brexit if elected, after members overwhelmingly backed a shift in position at their party conference in Bournemouth. 

· Boris Johnson is set to tell Jean-Claude Juncker that the UK won't delay Brexit beyond October 31 at a meeting in Luxembourg later today.

· Supreme Court judges will begin to decide today whether prime minister Boris Johnson has acted illegally in proroguing parliament.

· Labour leader Jeremy Corbyn has said that he favours a second referendum on Brexit, but would abstain from campaigning for either side and instead seek to implement what the people of the UK decide were he to become prime minister.

· Finnish prime minister Antti Rinne has said that prime minister Boris Johnson has twelve days to present his Brexit plans to the EU in writing.

· Following the announcement from the Finnish prime minister, Antti Rinne, that the UK had 12 days to set out their Brexit plans, the government has announced they have shared confidential documents with the EU which “reflect the ideas the UK has put forward.”

Retail

· Aldi has announced plans to invest £1 billion in order to open a new store every week, according the supermarket’s chief executive for the UK and Ireland, Giles Hurley.

Education

· Current government plans to invest in schools could be sufficient to reverse previous cuts, according to the Institute for Fiscal Studies.

· Children’s commissioner Anne Longfield has said that almost one in five young people in England finish school without a minimum of five good GCSEs or equivalent qualifications.

Economy

· The Bank of England has indicated that interest rates will continue to remain low as long as there is persistent uncertainty over the UK’s Brexit path.

Manufacturing

· The fate of a large North Yorkshire potash mine is uncertain after its holder Sirius Minerals ruled out earlier plans to push through a bond sale set to raise around £403 million for the project.

Property

· According to the Office for National Statistics, house prices rose at the slowest rate at any time since September 2012 in the year to July.

Aerospace

· Troubled airline Thomas Cook must find £200 million in extra funds by the weekend if it is to stave off administration.

Healthcare

· According to the think tank The Nuffield Trust, hospitals are having to rely on “emergency” loans from government to cover their costs.

· According to figures released by Public Health England, the sugar tax has led to sugar content in drinks falling by 29 per cent.

Environment

· A number of the world’s largest firms have pledged their support to green energy initiatives amid increased pressure for climate change action.

Focus

· Following the appointment of Boris Johnson's cabinet, we have launched a series of articles to assess how each sector views their new Secretary of State. Our seventh instalment focuses on Sajid Javid, the Chancellor of the Exchequer.



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Authored by

The Parliamentary Review

@theparlreview
September 22 2019

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