Trial now

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Heading North


Bull Rally Accelerates


Economists Survey Raises 2021 CPI Forecast To 4.9%


Speaker of the House of Commons Sir Lindsay Hoyle confirms that the amendment to the Advanced Research Invention Agency bill, which sought to force the gov't to reverse its plan to cut UK overseas aid spending from 0.7% to 0.5% of GNI, is ruled outside the scope of the bill and therefore will not be debated or voted.

  • Leader of the Conservative rebels, Andrew Mitchell (Sutton Coldfield, Con), stated in response that if a vote were held on the issue, the gov't would be defeated by a majority of at least 9 votes.
  • Speaker confirms that he wants the gov't to hold some form of vote on the reduction in aid spending, and if it does not come forward he will seek to ensure a debate on the issue by other means.
  • This means the gov't is not necessarily out of the woods, but at least an embarrassing defeat does not come just before the G7 summit in Cornwall from 11-13 June.
MNI London Bureau | +44 203-865-0981 |
MNI London Bureau | +44 203-865-0981 |