Author: The Editorial Team

LONDON (Capital Markets in Africa) – U.K. Labour leader Jeremy Corbyn is struggling to keep his party together as senior members demand an unambiguous commitment to staying in the European Union before a general election expected in the fall. Corbyn said his party is pledging to hold a second referendum on Brexit if it’s elected to government, pitting ‘Remain’ against a “credible” deal he negotiates with the EU — but he wouldn’t say which side he’d campaign…

LONDON (Capital Markets in Africa) – The U.K.’s opposition Labour Party said it’s already drafted laws to nationalize water and energy utilities as the prospect of a general election looms. Taking control of energy transmission and distribution networks as well as water companies will help bring down bills for consumers and allow the government to pursue a strategy to curb greenhouse gas emissions, Rebecca Long-Bailey, the party’s business spokeswoman, said on Sunday. “We’ve got the legislation…

LONDON (Capital Markets in Africa) – The white-haired Supreme Court judge leaned forward with a stern look, interrupting a lawyer who argued that Prime Minister Boris Johnson’s suspension of Parliament was unlawful. Justice Nicholas Wilson was miffed at Ronan Lavery for describing the Brexit risks to peace in Northern Ireland. That exposed the decade-old court to an accusation it’s been at pains to disprove: that it has become a player in the U.K.’s political arena. Played…

LONDON (Capital Markets in Africa) – Boris Johnson will start a week of intense diplomacy on Monday, as he tries to push for a Brexit deal on the sidelines of the United Nations General Assembly in New York. The British prime minister will hold meetings this week with all the key players — Germany’s Angela Merkel, French President Emmanuel Macron, Irish Prime Minister Leo Varadkar and European Council President Donald Tusk. He will try to persuade them to renegotiate the divorce…