The FCA has issued an update on steps certain firms need to take in the event of the UK leaving the EU without a deal, on Prime Minister Boris Johnson’s preferred date of 31 October.

The resignation of Amber Rudd as Work and Pensions Secretary on Saturday night triggered the appointment of the sixth DWP boss since 2016 prompting Financial Planner Quilter to hit out at the “revolving door”.

Work and Pensions Secretary Amber Rudd MP has quit her Cabinet role and her Conservative Party membership in protest at the expulsion of 21 MPs from the party.

The confirmation of Boris Johnson led to an explosion in internet searches from investors trying to find out how the changes may affect their finances.