This week MPs will seek to wrest control from Theresa May’s government in order to delay Brexit and avoid a no-deal outcome.

Meanwhile, thousands of British companies have already triggered emergency plans to cope with a no-deal Brexit, says the British Chambers of Commerce (BCC).

Many are gearing up to move operations abroad if the UK crashes out of the EU, the BCC says. The organisation said 35 firms had activated plans to move operations out of the UK in the last few days.


In many respects the effects of the financial crisis continue to loom large. On the political front, the resentment levelled against bankers, politicians and other elements of the elite deemed responsible for the catastrophic events of a decade ago to happen, motivated many to vote Brexit.

Financially, the ripple effects are also continuing to be felt. The collapse in government funds resulting from the crisis also saw a severe cut in funding for local councils, leading many to seek new revenue streams.

Today we look at the decision of Spelthorne Borough Council- annual net budget of £22m- to ratchet up its debt cap to £1.5bn as it considers property acquisitions to add to its £1bn portfolio.