5 Things You Need To Know (5/12/17)
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. Brexit
Labour has criticized the government’s approach to Brexit, following a failure between the UK and EU to reach an agreement yesterday after the DUP intervened over proposals for the Irish border.
Keir Starmer, Labour’s Brexit spokesman, has suggested that the Conservative reliance on the DUP following the loss of Theresa May’s majority has undermined Brexit negotiations.
2. MI5
MI5 stopped nine terrorist attacks this year, however, a review had revealed that opportunities to stop the Manchester arena bomber were missed.
Salman Abedi has been a “subject of interest” in 2014 and 2015. In the months before the attack, intelligence was received that in hindsight was “highly relevant.”
3. Rail fare rises
The biggest rise in British rail fares since 2013 is set to be enforced on January 2, with fares going up an average of 3.4%. This is above the 3% rate of inflation.
4. Trump
President Donald Trump’s travel ban on travellers from Chad, Iran, Libya, Somalia, Syria and Yemen has been allowed to take full effect by the US Supreme Court.
US Attorney General Jeff Sessions has called the ruling “a substantial victory for the safety and security of the American people”.
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