81 m. ago Anglo American agrees mining mega merger; Londoners face commuting struggles as tube strike enters second day – business live

Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to VancouverIn the markets, the FTSE 100 index has edged 0.2% higher while Germany’s Dax gained 0.15% and Italy’s FTSE MiB rose by 0.5%.France’s CAC climbed by 0.7%, despite political turmoil in the country. French president Emmanuel Macron is seeking his fifth prime minister in less than two years, after centre-right PM François Bayrou was ousted in a confidence vote on Monday, as expected. This toppled his minority government.A quiet Monday masks a big week ahead for US markets, with the Nasdaq hitting an all-time high as tech and retail led a modest rebound. The S&P 500 added 0.5%, while the Russell 2000 lagged after its recent run. Treasury yields continued their descent, with the 10-year near 4%, its lowest in five months, and the 2-year hovering around 3.5%, levels last seen in 2022.Markets are fully priced for a 25bps cut [from the Fed] this month, and expect more to come. With PPI, CPI...

Events

15 h. ago Why is France on the brink of collapse – again? PM loses key confidence vote as economic turmoil deepens

François Bayrou ousted, further plunging country into political crisis

Economics

15 h. ago François Bayrou ousted as French PM after losing confidence vote

Government collapses after Emmanuel Macron’s ally wins support of just 194 MPs with 364 againstFrançois Bayrou has been ousted in a confidence vote after only nine months as prime minister, collapsing his minority government and plunging France into a political crisis.Bayrou, 74, will hand his resignation to Emmanuel Macron, his longterm centrist ally, on Tuesday morning. The French president now faces the challenge of appointing his third prime minister in only one year, and the fifth since he began his second term of office in 2022. His office said he would make the decision “in the coming days”. Continue reading...

Politics

16 h. ago French government collapses as PM François Bayrou loses confidence vote

President Emmanuel Macron will look for a replacement who can break the budget impasse

Politics

16 h. ago Humiliation for Macron as his government LOSES confidence vote and plunges France into chaos after desperate warning: 'don't make the same mistake as the British'

France's parliament has today voted to bring down the government over its plans to tame the ballooning national debt - deepening a political crisis.

Events

16 h. ago Europe live: French PM loses confidence vote and will tender resignation amid political crisis

More than 350 French lawmakers voted against François BayrouAnd over in Brussels, EU diplomats have been briefing journalists that the European Commission is expected to propose a 19th package of sanctions against Russia by Friday, Reuters said.The EU has stepped up its listings and is no longer shying away from larger entities in third countries, and it could list banks in two central Asian countries too, they said. Continue reading...

Politics

16 h. ago France plunged into chaos as prime minister loses confidence vote

François Bayrou to resign after just nine months in office

Politics

16 h. ago French Prime Minister loses vote of no confidence as country 'on brink of crisis'

Francois Bayrou was voted out by MPs - 364 to 194- on Monday in France's National Assembly after only landing the job in December, as the country now needs a 6th PM in two years

Politics

18 h. ago Europe live: Macron labelled ‘a defeated president’ as his PM faces no

Socialist Boris Vallaud launched blistering attack on Macron and says Bayrou’s decision to call a no-confidence vote is ‘a cop-out’And over in Brussels, EU diplomats have been briefing journalists that the European Commission is expected to propose a 19th package of sanctions against Russia by Friday, Reuters said.The EU has stepped up its listings and is no longer shying away from larger entities in third countries, and it could list banks in two central Asian countries too, they said. Continue reading...

Politics

20 h. ago Europe live: François Bayrou says lawmakers face ‘not a political, but historical question’ on France’s future, ahead of confidence vote

Bayrou would be third prime minister to lose the post in a year, leaving Macron in a difficult political position and an impossible vacancy to fillAnd over in Brussels, EU diplomats have been briefing journalists that the European Commission is expected to propose a 19th package of sanctions against Russia by Friday, Reuters said.The EU has stepped up its listings and is no longer shying away from larger entities in third countries, and it could list banks in two central Asian countries too, they said. Continue reading...

Politics

21 h. ago Why is France on the brink of collapse, again? PM faces crucial confidence vote as economic turmoil deepens

François Bayrou is widely expected to lose the vote, further plunging the country into political crisis

Economics

24 h. ago French PM François Bayrou expected to be ousted in confidence vote

Opposition parties planning to remove centrist and bring down minority government after just nine monthsThe French prime minister, François Bayrou, is expected to be ousted in a confidence vote on Monday afternoon, plunging the eurozone’s second biggest economy into political crisis.Opposition parties from the left to the far right have made clear they will vote against the 74-year-old centrist, meaning he and his minority government would fall after only nine months in office. Continue reading...

Politics

24 h. ago France is plunged into 'disorder and chaos' with second PM in a year set to be ousted by no

French MPs will debate a vote of no confidence in prime minister Francois Bayrou after just nine months of him in office.

Events

39 h. ago Celtic board hit with vote of no confidence from furious fan group as they ramp up the pressure

The Celtic Supporters Association have ramped up the pressure on the board as the row hits fever pitch

Events

50 h. ago The French government is on the brink – and Le Pen is the only winner | Paul Taylor

Saddled with a financial crisis and unpopular reforms, the prime minister, François Bayrou, seems doomed. Will he take Macron with him?François Bayrou may have thought it was a smart pre-emptive move to call a parliamentary vote of confidence in his minority government ahead of a planned national protest day on 10 September and the start of a fraught parliamentary budget season.Determined not to meet the same fate as his predecessor who was toppled by parliament last December, the French prime minister appears to have chosen political hara-kiri instead. His near-certain ejection by a hung parliament on Monday (8 September) is set to turn a smouldering political deadlock into a blazing crise de régime. Continue reading...

Politics

52 h. ago France’s political crisis reveals deep rift between the people and their politicians

The likely fall of prime minister François Bayrou exposes a political malaise that is likely to sour French politics well beyond the 2027 presidential election as the far right exploits the momentAs the French government faces likely collapse in a confidence vote on Monday, plunging the eurozone’s second biggest economy and key diplomatic power into a domestic political crisis, Jonathan Denis, a 42-year-old a bank manager and health rights campaigner, was concerned about the terrible impact it will have on France’s dying and terminally ill.The centrist president Emmanuel Macron had promised assisted dying and improved palliative care would be the biggest social reform of his second term but the bill, which had been scheduled to go before the senate next month, now risks being delayed once more by the unpredictable revolving door of four prime ministers in just over three years. Continue reading...

Politics

5 d. ago Budget compromise needed if PM ousted, says French finance minister

Éric Lombard says he hopes François Bayrou will survive vote and dismisses talk of looming debt crisisThe French finance minister, Éric Lombard, has said the government would have to compromise on plans to cut the budget deficit if the prime minister, François Bayrou, is toppled in a confidence vote next week.Lombard told the Financial Times that fresh negotiations would require the government to make concessions to the left to reduce the size of the fiscal package if the government falls. Continue reading...

Politics

8 d. ago French business warns of recession risk as political turmoil deepens

Fiscal discord alarms company chiefs as PM’s confidence-vote gamble rattles markets

Events

1 week ago Voices: Mon dieu, France – this is no time for un political meltdown!

Next month’s surprise confidence vote could bring down an already crisis-hit minority government, test the country’s governability and end with a drastic power shift – it might also be bad news for Keir Starmer and his coalition of the willing, says Mary Dejevsky

Politics

1 week ago Russell Martin's Rangers allies dwindle as advisory board demand he is removed from post

The group have joined the list of those issuing a vote of no confidence in the Ibrox boss as the heat continues to grow

Politics