5 Things You Need To Know (25/5/17)

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.

5 Things You Need To Know (25/5/17)

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

1. UK upset with US over Manchester leaks

UK intelligence services are no longer sharing information with the US following leaked images of the Manchester terrorism device in the New York Times, the BBC are reporting.

President Donald Trump has responded to the leaks, saying they were “deeply troubling” and a “grave threat to our national security.”

He added that there is no relationship the US cherishes more than the special relationship with the UK.

2. Trump in Europe

President Trump is in Brussels, Belgium, meeting with NATO and European Union leaders. He has used the opportunity to tell world leaders that they must pay their share in defence spending.

Trump also took the opportunity to meet newly elected French President Emmanuel Macron. The meeting was notable for what appeared to be an intense and uncomfortable handshake.

3. General Election campaigning to resume on Friday

General Election campaigning will resume on Friday. The main political parties had suspended activities following the Manchester terrorist attack, although UKIP has resumed campaigning today.

4. UK migration falling

Net migration to the UK has been estimated at 248,000 in 2016, which means a fall of 84,000 from the 2015 figures.

However, this change was driven by an increase of 40,000 people leaving the country.

The Conservatives aim since 2010 has been to reduce net migration to the tens of thousands.

5. UK economic growth

UK economic growth has been revised down. The Office Of National Statistics says the economy grew 0.2% in the first three months of the year. It was previously estimated at 0.3%.

What do you think about the debate behind today’s big news stories? Have your say on our twitter or facebook

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