4 Things You Need To Know (26/9/17)

Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.

4 Things You Need To Know (26/9/17)

Welcome to our daily update, where we summarise the key talking points from the last 24 hours.

1. Brexit

Donald Tusk, President of the European Council, has criticised the Brexit process, saying “there is not sufficient progress yet”.

He was in Downing Street today for talks with Theresa May. He noted that her speech last week in Florence was “realistic” and had encouraged cautious optimism for where progress can be made going forwards.

2. Corbyn

Jeremy Corbyn has defended a speech by his shadow chancellor John McDonnel which implied that Labour are preparing for a run on the pound if they win power.

McDonnell stated that the party were doing “war-game-type scenario-planning”, including for events such as a run on the pound.

Mr Corbyn told the BBC’s Laura Kuenssberg that all the “scenarios we might face” need covering.

3. UK’s green summer

The UK enjoyed a record summer for green energy, with over 50% of electricity coming from sources considered low carbon, the National Grid has reported

Energy between June 21 and September 22 was 52% generated by nuclear or renewable energy such as wind and solar.

4. Dyson to launch electric car

Dyson is to enter the electric car industry, revealing that they have been working on plans for the past two years.

The first model is scheduled to launch in 2020, and the company has invested £2 billion on development. 

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