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Bitesize Blighty: May 4, 2018

Immy Ransom  Follow

  • Amber Rudd has dramatically resigned as home secretary, after repeatedly struggling to account for her role in the unjust treatment of Windrush generation migrants. The home secretary was forced to step down after a series of revelations in the Guardian over Windrush culminated in a leak on Friday that appeared to show she was aware of targets for removing illegal migrants from Britain. In her resignation letter to the prime minister, published hours after the latest leak, Rudd said she had “become aware of information provided to my office which makes mention of targets. I should have been aware of this, and I take full responsibility that I was not.”
  • BT will next week reveal plans to cut thousands more jobs as Britain’s biggest telecommunications company battles to win back investors still spooked by an accounting scandal in Italy last year and repeated curtailing of its once ambitious financial goals. The company announced 4,000 job cuts a year ago, but people with direct knowledge of the company’s plans said it is set to reveal new redundancies when it presents its full-year results next week. The cuts will be part of a new corporate strategy to revive the group from Gavin Patterson, chief executive.
  • George Osborne has warned that his predictions about the economic impact of Brexit are starting to come true. Ahead of the June 2016 referendum, the former chancellor predicted that a vote to leave the EU would result in economic catastrophe for Britain. Relatively strong growth figures since the referendum have made his forecast a subject of ridicule among Brexiters. Speaking this week at the University of Manchester, where he is an honorary professor of economics, Mr Osborne admitted that his forecast of an immediate economic shock had been wrong. “It didn’t happen but we didn’t really leave the EU. We are discussing it. It is taking us a couple of years,” he said.

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