Most liked and shared Brexit stories on Facebook (nat'l), 2019-06-10–2019-06-12

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Tory leadership contest: Boris Johnson pledges to cut income tax - BBC News

bbc.co.uk

Image copyright Reuters Image caption Boris Johnson is frontrunner in the contest to succeed Theresa May Boris Johnson has pledged to cut income tax bills for people earning more than £50,000 a year if he wins the race to succeed Theresa May as prime minister. The former foreign secretary told the Telegraph he would use money currently set aside for a no-deal Brexit to raise the 40% tax rate threshold to £80,000. Labour's shadow chancellor John McDonnell said the proposal showed "how out of touch the Tories are". Tory MPs have until 17:00 BST to enter the race to become party leader and PM. Mr Johnson's promise comes as Work and Pensions Secretary Amber Rudd and Defence Secretary Penny Morda...

UK economy shrinks by four times as much as predicted as Brexit paralysis takes hold

independent.co.uk

The UK economy shrank 0.4 per cent in April as Brexit paralysis took hold following the proposed deadline for departure from the EU.The latest monthly fall was four times larger than analysts had forecast and marked the second consecutive month of contraction for the UK’s economy after a 0.1 per cent drop in March . Stockpiling of goods to deal with a disorderly Brexit on 29 March slowed down after deadline day was moved back to 31 October.From extras.Gross domestic product (GDP) figures for the earlier months of this year had been boosted as manufacturers in particular built up supplies.As that effect wore off, industrial production declined by 2.7 per cent in April compared to March while ...

UK economy shrinks by four times as much as predicted as Brexit paralysis takes hold | The Independent

independent.co.uk

The UK economy shrank 0.4 per cent in April as Brexit paralysis took hold following the proposed deadline for departure from the EU.The latest monthly fall was four times larger than analysts had forecast and marked the second consecutive month of contraction for the UK’s economy after a 0.1 per cent drop in March . Stockpiling of goods to deal with a disorderly Brexit on 29 March slowed down after deadline day was moved back to 31 October.From extras.Gross domestic product (GDP) figures for the earlier months of this year had been boosted as manufacturers in particular built up supplies.As that effect wore off, industrial production declined by 2.7 per cent in April compared to March while ...