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The Bank of England arranged for banks to be able to borrow as much money as they needed around the date of the EU referendum, lest there should be a bank run. After saying in a speech that Britain’s long-term prospects could be ‘brighter’ outside the EU, John Longworth was suspended as director-general of the British Chamber of Commerce, from which he then resigned so that he could speak freely. Four arrests followed the explosion of a bomb in Belfast, which wounded a prison officer working at Maghaberry Prison near Lisburn in Co. Antrim. The law against smoking in public buildings does not apply to prisons in England and Wales, the Appeal Court ruled. The Liberal Democrats called for the legal sale of marijuana through ‘cannabis social clubs’.
George Osborne, the Chancellor of the Exchequer, let it be known that he had dropped from his budget a scheme that would have scrapped or set a flat rate for tax relief on money paid into pensions, but removed tax from the eventual withdrawal of funds from a pension pot.
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