MP Laura Pidcock says parliament ‘reeks of establishment’ in maiden speech – video

Laura Pidcock, the new Labour MP for North West Durham, criticises the ‘archaic’ parliamentary system and calls for an end to the indignity caused by austerity, in her maiden parliamentary speechThis is what I learned in parliament: the Tories enjoy making...

Italy swoops in to save another bank leaving taxpayers on the hook for over $25 billion

The Italian state has stepped in with funding to save yet another failing bank, meaning taxpayers now stand responsible for over 22 billion euros ($25.4 billion) of bailout money recently extended to the sector. Finance Minister Pier Carlo Padoan announced late...

Qatar’s outlook cut by Moody’s amid Saudi-led blockade even as Gulf country ramps up gas output

Even as Qataraimed to ramp up its lucrative LNG exports in the midst of a tense diplomatic crisis, ratings agency Moody’s has cuts the outlook on the country’s sovereign credit to negative from stable. The ratings agency said the change was due to the...