5 Things You Need To Know (1/6/17)
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.
Welcome to our daily update, where we summarise the key talking points from the last 24 hours.
1. Theresa May under fire
Theresa May’s political rivals have roundly criticised her decision not to take part in last night’s BBC leaders’ debate. Labour leader Jeremy Corbyn decided to take part, asking May’s stand-in Amber Ruud “where is Theresa May, what happened to her?”
Both May and Corbyn were back on the campaign trail today, with arguments about suitability for Brexit negotiations dominating the agenda.
2. Trump set to pull out of climate deal
President Donald Trump is expected to announce today that the USA will withdraw from the Paris Climate Accord. EU Council President Donald Tusk tweeted this morning to say “@realDonaldTrump please don’t change the (political) climate for the worse.”
Meanwhile, Boris Johnson has said “We will continue to urge the US to take a leading role in bringing down Co2 emissions.”
3. Farage “person of interest” to FBI
Nigel Farage is a “person of interest” as part of the FBI’s investigation into links between the Trump campaign and Russia, The Guardian are reporting.
Farage has reacted to the allegation, saying “This hysterical attempt to associate me with the Putin regime is a result of the liberal elite being unable to accept Brexit and Trump. I consider it extremely doubtful that I could be a person of interest to the FBI as I have no connections to Russia.”
4. Putin warning to US
Vladimir Putin has warned that Russia will not “stand idly by” following the build-up of US anti-missile systems in Alaska and South Korea.
“This destroys the strategic balance in the world,” he told Russian media, “We are thinking about how to respond to these challenges. This is a challenge for us.”
5. House prices falling
For the first time since 2009, house prices have fallen for the third month in a row. Prices dropped 0.2% in May, with Nationwide saying it was a further sign of the housing market losing momentum.