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Theresa May promises 'good solid conservatism' in Tory manifesto


May said that immigration is a challenge, but cutting the numbers coming from overseas is part of her vision for Britain after Brexit.

May goes into the snap June 8 election she called with opinion poll ratings that indicate she will win a landslide comparable with Margaret Thatcher's 1983 majority of 144 seats in the 650-seat parliament.

"They promised to raise living standards, but working families are set to be on average over £1,400 a year worse off".

"The next five years will be among the most challenging in our lifetime, a turning point for Britain", said May. "Brexit will define us - our place in the world, our economic security and our future prosperity".

The full Conservative manifesto can be read on the party's website.

Applied Optoelectronics, Inc. (NASDAQ:AAOI): Are Traders Shorting This Stock?
Also, insider Chih-Hsiang (Thompson) Lin sold 8,586 shares of the business's stock in a transaction dated Friday, May 12th. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .

A Conservative Brexit will see Britain leave the European single market and custom union, however the party plans to pursue "a deep and special partnership" including a comprehensive free trade and customs agreement.

Mrs May also announced that she would introduce levies on businesses who want to employ foreign workers, while reiterating her touch stance on the European Union, insisting again that she was prepared to walk away with no deal.

May has cast the Brexit vote as a "quiet revolution" that exposed the failings of modern Britain in a way that can no longer be ignored by a leader who looks back to Thatcher, Winston Churchill and Clement Attlee for inspiration. "It means making Britain a country that works, not for the privileged few, but for everyone".

Net migration - the difference between the number of people moving to Britain and those leaving - was 273,000 in the year to September 2016, and has not been below 100,000 in 20 years.

But there are signs that Brexit could already be biting the economy, such as quickening inflation.

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Under the government's existing plans, the deficit is projected to fall to 0.7 percent of gross domestic product by the 2021-22 financial year, down from 2.6 percent of GDP in the last financial year. It also, perhaps much like the previous government's actions, gives very little thrift to the environment or natural resources.

But the Prime Minister also announced she would scrap the "triple-lock" on the state pension and means-test winter fuel payments.

Theresa May yesterday unveiled her party's election pledges, including £8 billion extra for the NHS and £4 billion extra to schools to finally solve the fairer funding conundrum.

The Conservatives will ditch a so-called tax "triple-lock" that guaranteed no rises in income tax, national insurance or value-added tax, but will make a commitment to lower taxes.

Mrs May also sought to appeal to UKIP voters - she hopes their support will take her to victory in dozens of Labour held seats across the United Kingdom - with tough talk on immigration as she reiterated her commitment to getting immigration down to the tens of thousands.

Singapore Airlines Group annual net profit down 55%
Singapore Airlines ( SIA ) reported a 55 percent drop in full year net profit as a soft fourth quarter hit the overall result. SIA said this was affected by a 3.8 per cent contraction in passenger yield and a 1.4 per cent decline in passenger traffic.

There will also be an increase in the immigration health surcharge, to £600 for migrant workers and £450 for worldwide students, to cover their use of the National Health Service.

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