Saturday 3 November 2018

Letter by business leaders to call for vote on Brexit terms: Sky News

Business reporter(wp/Reuters):
More than 50 senior business leaders have signed a letter to be published in The Sunday Times newspaper that will say there should be a new public vote on the final terms of Britain’s exit from the European Union, Sky News reported on Saturday.
The letter would not directly refer to another referendum but it would say the “ultimate choice” should go back to the electorate, the broadcaster reported.
Signatories include the chief executive of bookstore chain Waterstones James Daunt and the former boss of supermarket Sainsbury’s (SBRY.L) Justin King.
The letter will warn that Brexit proposals being discussed by Britain and the European Union will not deliver frictionless trade for Britain after it exits the bloc in March, a source told Sky News.
Campaigners on both sides of the argument have stepped up their efforts in recent months as London and Brussels hope to agree a Brexit deal by the end of the year.

Who can prescribe CBD oil, are you eligible and what are the new laws?

Health reporter(wp/es):
Doctors will be able to prescribe medical cannabis products to patients in the UK from November 1, thanks to new legislation.
As of Thursday, specialist doctors - not a GP - have been given the option to prescribe cannabis-based products containing varying amounts of the compounds THC, which makes people feel "high", and CBD, another compound scientists are investigating for its potential medical benefits.
The change comes after a series of high-profile cases, including that of 12-year-old Billy Caldwell who has severe epilepsy, whose conditions appeared to be helped by cannabis oil.
In June of this year, Charlotte Caldwell had her son's cannabis oil seized at Heathrow airport when she attempted to bring it in into the UK from Canada.
Despite the new rules being a landmark move in medicine, experts argue it's not as straightforward as it seems because not everyone who needs it will be granted a license.
Under new regulations, specialist doctors will be able to prescribe medical cannabis for patients.
The decision to reschedule the products came following a specially commissioned review.
An initial review by chief medical adviser Dame Sally Davies concluded that there was evidence medicinal cannabis can have therapeutic benefits.
The Advisory Council on the Misuse of Drugs (ACMD), which carried out the second part of the review, then said doctors should be able to prescribe medicinal cannabis provided products meet safety standards.
Announcing the move, Home Secretary Sajid Javid said: "I have been clear that my intention was always to ensure that patients have access to the most appropriate course of medical treatment.
"I stressed the importance of acting swiftly to ensure that where medically appropriate, these products could be available to be prescribed to patients."
The new rules apply to England, Wales and Scotland.

Can my GP prescribe medical cannabis? Who is allowed to?

No - the new legislation says medical cannabis should only be prescribed by specialist doctors.
Dr Zoe Williams explained on This Morning that obtaining medical cannabis is not as straightforward as it sounds.
She said: "It sounds good on paper, but we just need to be realistic about what this really means in real terms.
"My local pharmacy wouldn't be able to dispense it, I haven't got the expertise or knowledge to weight up if that's in my patient's best interest."
She added: "This is the first step on a long journey. There's more work to be done."
Medical cannabis prescribed by specialist doctors will contain compounds of cannabis, including CBD and low levels of THC.
"CBD oil" and "cannabis oil" are two cannabis-based products patients can be prescribed.
The two terms are often used interchangeably, although cannabis oil tends to include THC, the psychoactive substance found in cannabis.  

What is CBD?

CBD, also known as cannabidiol, is one of 104 chemical compounds found in the marijuana plant. The substance can be extracted and mixed with a carrier oil, often hemp seed or coconut, to create CBD oil.
Unlike THC, the chemical compound is not psychoactive - it won't make you feel "high".
Instead it is thought to have significant therapeutic properties - but researchers are still working hard to understand the specifics.
Last year, the UK's Medicines and Healthcare products Regulatory Agency (MHRA) classed CBD as medicine, providing it meets a strict set of "safety, quality and efficiency standards".

What conditions can CBD treat?

CBD has been claimed to be able to treat a variety of conditions including chronic pain.
CBD is currently present in two licensed products in the UK - Sativex, used to treat multiple sclerosis and Epidiolex, used to treat childhood epilepsy.

Am I eligible for CBD oil by prescription?

Those wanting to obtain CBD oil for medical purposes will have to apply for a license under a temporary approval panel.
The panel will consider the merits of each case to establish whether certain criteria have been met.
The specialist clinician wishing to prescribe CBD oil will have to prove exceptional clinical circumstances. They would have to demonstrate that there is no other lawful medicinal product that would meet the specific needs of the patient.
The specialist would also have to accept responsibility for risks and liability.
Applications should be made using the application form on the gov.uk website and sent to secretariat@expertpanel.gov.uk.

Is it illegal to buy CBD oil online or obtain it without a prescription?

Since the law has recognised CBD as medicine, it is legal to use.
Many health stores such as Holland & Barrett have started selling CBD products, although these do not contain THC. 
CBD products with a higher THC content are subject to tighter regulation. 
This is because THC is illegal in the UK. 
Currently, the law states that CBD products can have a maximum THC content of 0.2 per cent.
So any CBD oil with a THC content higher than this obtained without prescription is illegal and use is to be prohibited. 

Can I take CBD oil abroad?

It depends on where you're travelling to.
For example, in the US, when it comes to travelling with CBD oil, it must have a THC content below 0.3 per cent to be cleared.
Since laws on CBD oil differ around the world, it's advised to never fly with any potentially illegal substance, even if it's a non-psychoactive product such as CBD.

Is possession of cannabis still illegal?

Yes - cannabis continues to be a class B drug and possession will still carry an unlimited fine and up to five years in prison.
Mr Javid made this clear when he announced the UK was to legalise medical cannabis.
He said: "I have been consistently clear that I have no intention of legalising the recreational use of cannabis.
"To take account of the particular risk of misuse of cannabis by smoking and the operational impacts on enforcement agencies, the 2018 regulations continue to prohibit smoking of cannabis, including cannabis-based products for medicinal use in humans."

Bullish British Airways owner IAG shrugs off Brexit concerns and ups spending by €500m

Business reporter(wp/es):
British Airways’ owner IAG on Friday made a bold bet on Brexit Britain, with boss Willie Walsh ready to invest an average €500 million (£440 million) extra a year in the firm. 
The Irishman declared he is not “afraid to make investments” as he upped the firm’s spend for across the business, likely to cover new planes, products and customer services, to €2.6 billion a year for a five-year period.
The chief executive was bullish as he addressed a capital markets day in London, updating the City on new goals for 2019-2023.
Walsh said: “We are in a position to look forward with great confidence to invest.” 
IAG expects average seat kilometres, a measure of capacity, to increase by 6% per year.
Aer Lingus and Iberia parent IAG also cheered investors by setting out its aim to boost annual profit to €7.2 billion, up 11% from its previous guidance. Its other key goals were unchanged.
The City piled into IAG, sending the shares to their highest levels since May. The shares, which are approaching  20-year highs, rose 9.6p to 627.6p. 
The upbeat update comes despite gloom in the aviation industry, which has been grappling with soaring oil prices, air traffic controller strikes and Brexit uncertainty. A number of smaller European airlines have collapsed.
Liberum analyst Gerald Khoo said it was “positive that the targets have gone up despite a tougher fuel cost environment”.
City Index analyst Fiona Cincotta said IAG is “dancing out of line with the rest of the industry”.
IAG chairman Antonio Vazquez Romero gave the latest update on Brexit. He said the FTSE 100 firm is “confident” it “will be able to operate as normal” once Britain leaves the bloc in March next year. 
Romero added the group has contingency plans should the withdrawal occur without a post-Brexit agreement between the UK and the EU.
The capital markets day comes a week after Walsh apologised after it emerged that another 185,000 customers may have had personal details stolen in a cyberattack first reported in September, when it said 380,000 transactions were affected. 
However, Walsh was positive last week despite pre-tax profits slipping 0.4% to €1.42 billion in the three months to September, hurt by currency headwinds and higher fuel costs.
IAG had some “marginal benefits” picking up work when smaller airlines, such as Cobalt Air, collapsed.

David Cameron 'considering return to frontline politics'

Political reporter(wp/es):
David Cameron may be considering a return to frontline politics, it was reported today.
The former prime minister apparently confided that he was bored two years after resigning following the Brexit referendum and would like a spell as foreign secretary.
A friend of the 52-year-old suggested he would like to join the Cabinet after a new Tory leader succeeds Theresa May. 
The source told The Sun: “David is dedicated to public service and has often said he wouldn’t rule out a public role, domestically or internationally. He is still a young man.”
The newspaper added that Mr Cameron was aware that any return would have to wait until “some time” after the publication of his memoirs, which is expected next year.

Arrests as far-right 'North West Frontline Patriots' march through Liverpool

Crime reporter(wp/es):
Rival protesters have clashed following a far-right march in Liverpool.
Marchers from the so-called North West Frontline Patriots were far outnumbered by anti-fascist counter-protesters, according to local media.
Trouble inevitably broke out, though only two people were arrested by Merseyside Police on Saturday.
Cops said one person was held on suspicion of breach of the peace, while the other was arrested over a public order offence.
A spokeswoman for the force was not able to say which group the detained individuals were supporting.
Liverpool mayor Joe Anderson had celebrated the counter-protest, tweeting: "Peaceful people power chased the fascists off our streets."
Hundreds of supporters of the Democratic Football Lads’ Alliance clashed with police as well as counter protesters.