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NOTHING IS PERMANENT EXCEPT CHANGE

This year promises to be one of high drama. Three of its six-strong executive board will depart, notably its president, Mario Draghi, and its chief economist, Peter Praet (see graphic). By the end of the year eight of the 19 national central-bank governors on its rate-setting body will have stepped down. The end of Mr Draghi’s eight-year tenure coincides with European elections and the top jobs in Brussels coming up for grabs

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The House of Commons voted 303 to 258 on Thursday against a motion reiterating support for May’s approach to Brexit — support expressed by lawmakers in votes just two weeks ago. The defeat is symbolic rather than binding stresses how weak her hand is as she tries to secure changes to her divorce deal from […]

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