UK's Conservative Whip Amber Rudd Resigns

Amber Rudd has resigned the Conservative whip in response to the sacking of 21 Tory MPs in the run up to Britain's advertised EU exit date of 31 October.

She was appointed as Secretary of State for Work and Pensions by Prime Minister Theresa May on 16 November 2018 and reappointed by Boris Johnson in July 2019.

A whip ensures "party discipline" in a legislature. Australia, New Zealand, India and Canada have all embraced the whip system inherited from British rule.

UBS Plans Banking Revamp

UBS plans a banking revamp, putting Ros Stephenson and Javier Oficialdegui in charge of investment banking and placing both head of Equities, Jason Barron, and head of foreign exchange, rates and currencies, George Athanasopolous, in charge of combined trading operations.