Laboun rishi sunak mps has defected to labour, the second in under two weeks. Natalie elphicke announced her Decision Just two minutes before prime ministers questions. The dover mp said rishi sunaks government is chaotic and claims that labour has changed well. Some of her has changed well. Some of her now former conservative colleagues have been reposting old social media messages from natalie when she criticised laboun natalie when she criticised labour. Dan poulter made the same switch to the conservative to labour rather less than a fortnight ago, when the conservative lost hundreds of councillors and the blackpool south by election last week. Speaking shortly after defecting , miss elphicke said that a Labour Government promises a brighter future. In 2019, the conservatives stood on a manifesto that was very much Centre Ground. But under rishi sunak theyve abandoned the Centre Ground and broken many election promises. Meanwhile, under keir starmer, labour have changed and i think
Jacob, thank you very much and good evening to you. Its 8 00 and the headlines from the newsroom this hour. Another of rishi sunak mps has defected to laboun rishi sunak mps has defected to labour, the second in under two weeks. Natalie elphicke announced her Decision Just two minutes before prime ministers questions. The dover mp said rishi sunaks government is chaotic and claims that labour has changed well. Some of her has changed well. Some of her now former conservative colleagues have been reposting old social media messages from natalie when she criticised laboun natalie when she criticised labour. Dan poulter made the same switch to the conservative to labour rather less than a fortnight ago, when the conservative lost hundreds of councillors and the blackpool south by election last week. Speaking shortly after defecting , miss elphicke said that a Labour Government promises a brighter future. In 2019, the conservatives stood on a manifesto that was very much Centre Ground. But
Most influential summit taking place right here in our european headquarters. We are about to hear from the Deputy Government at the bank of england. But first, here is the bloomberg first word news. Ted losses on signs saudi arabia may compromise with iran. The Countries Oil minister gave the strongest indication the kingdom could reach a deal in november. U. S. Government data is forecast to show inventories increased by 3 million barrels. Deutsche bank shares are trading high after it agreed to sell its u. K. Insurance unit to phoenix group. The ceo has told the newspaper that capital is currently not an issue. And accepting Government Support is out of the question for us. The government has come under increased pressure. Payl bank of scotland will claims iton to settle sold faulty Mortgage Backed securities to u. S. Credit unions. The agreement closes lawsuits filed on the half of two credit unions. Rbs has not admitted fault and says the cost is covered by provisions. Two Senior
Despite the Global Economic slowdown, the fed moves ahead with ending qe. We are joined by the head of investor services. Us. K you for joining keep smiling. A more hawkish fed . It was a more hawkish fed than we imagined. I think i would welcome the more hawkish tone. U. S. E optimistic on the recovery side of labor markets. I think it was a welcome statement for us. On the inflation side, what does it tell us . Inflation is running pretty low. Fed thinksell us the this is just a temporary move in oil prices . What can we say . Typically, the next central Something Like, you have to try and see through the first round of Oil Price Declines or commodity price declines. It probably takes place within a twoyear horizon. You cant do much about it. We can interpret that the fed is doing what it should any textbook. Looking for some of the longerterm Inflation Expectations, which are not as bad as the shortterm ones. Would you have expected the fed to a knowledge volatility in markets in th
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