Two senior bankers have warned they could start moving jobs out of London next year if the UK appears to be heading for a hard Brexit.

Their comments came as David Davis, the Brexit minister, continued to signal his preference for a hard Brexit even as fears over the UK’s economic prospects have knocked the pound down below $1.23 – a new 31-year low for the currency.

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With the steering wheel turning on its own and radar and camera technology guiding it, a driverless car took to Britain’s streets for the first time on Tuesday, as part of trials aimed at getting autonomous vehicles onto the roads by 2020.

The electric-powered pod – like a small two-seater car – navigated its way around a pedestrianised area in the southern English town of Milton Keynes at 5 miles (8km) per hour, turning corners and stopping as pedestrians crossed its path.

Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – Driverless car tested on UK streets for the first time

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A Russian news presenter, dubbed the “Kremlin’s chief propagandist”, has warned the United States any “impudent behaviour” towards Moscow could have “nuclear” implications.

Dmitry Kiselyov, who was appointed by Vladimir Putin to head the country’s government-owned news agency, made the warning on Monday night’s edition of his flagship current affairs programme Vesti Nedeli (News of the Week).

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Facebook said its main UK subsidiary generated an 11-million-pound tax credit in 2015 even as revenues soared, thanks to its tax efficient structure, accounts published on the weekend showed.

Analysts say Facebook generates hundreds of millions of dollars in revenue from UK clients each year but until this year all transactions were booked in Ireland, minimizing the social media group’s UK tax bill.

Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – Facebook reports 11-million-pound UK tax credit as revenues soar

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A clash between two Ukip MEPs which ended up with one of them in hospital was “one of those things that happens between men”, Nigel Farage has said.

The acting Ukip leader said that he feared Steven Woolfe, the front-runner in the party’s leadership contest, would die after he collapsed following an “altercation” with a fellow MEP in the European Parliament.

Read the Full Article: Source – The Telegraph
Time For Truth: (The Telegraph) – Steven Woolfe collapse: Ukip leadership favourite in hospital after clash with colleague, as Nigel Farage says it was 'one of those things that happens between men'

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