Revealed: The best places to watch the 2019 Boat Race April 5, 2019 The annual Boat Race between Oxford and Cambridge will take place this Sunday in southwest London. The race, which has been held annually since 1856 excluding the war years, is expected to draw a crowd of at least 250,000 people. The women's race will start at 2:13pm and the men's race will start at 3:10pm, [...]
Gender pay gap data reveals the financial services with wider than average discrepancies April 5, 2019 Some of the large companies with the widest gender pay gaps come from the financial services sector. The deadline for providing gender pay gap data closed last night. For large companies – those employing more than 5,000 staff – the average pay gap was 10.34 per cent. The financial services entities below have gender pay [...]
US President Donald Trump says economy would ‘rocket’ if Fed cut rates April 5, 2019 US President Donald Trump said the Federal Reserve should cut interest rates, saying the economy would take off “like a rocket ship” if they did. Speaking following the release of US jobs data which showed a strong rebound in hiring in March, Trump said the US central bank “really slowed us down”, CNBC reported. Trump [...]
Foreign Office appoints Amal Clooney as lead on media freedom campaign April 5, 2019 Amal Clooney will work with the foreign secretary Jeremy Hunt as his special envoy on media freedom, it was confirmed today. Read more: Dorchester boycott: Angel investors retreat from Park Lane dinner Clooney, an international human rights lawyer, will work pro bono as co-chair of the high level panel of legal experts to strengthen legal [...]
Julian Assange’s legal team say his expulsion from Ecuador embassy would be ‘illegal’ April 5, 2019 Julian Assange's legal team has said it would be "illegal" to expel the WikiLeaks founder from the Ecuadorian embassy and violate "international refuge law". Assange has been residing in the London embassy since 2012 but it was revealed late on Thursday that Ecuador officials were readying to expel him from the premises and turn him [...]
Funding Circle shares fall as it plans to wind down SME fund April 5, 2019 Funding Circle's shares dived today as it revealed plans to wind down its small and medium enterprises fund and return capital to shareholders. Funding Circle SME Income Fund (FCIF) said that after a consultation with shareholders accounting for over two thirds of the register, it had concluded investors did not want to put more money into [...]
Jeremy Hunt: No-deal Brexit could tip UK and EU into recession April 5, 2019 UK foreign secretary Jeremy Hunt has said a no-deal Brexit could push both Britain and the European Union into recession. Read more: May asks EU for short Brexit delay while EU mulls 12-month extension “A no deal outcome is bad for the UK. It’s also very bad for the European Union”, Hunt told a press [...]
Editors’ Notes: Philip Hammond outfoxes the Treasury committee in clash over end to austerity April 5, 2019 Three cheers for Philip Hammond! Yes, you heard that right – I may be alone, but I found myself applauding the chancellor last night when we got a sneak preview of his response to the Treasury Select Committee’s (TSC) fisking of the autumn Budget. Read more: Hammond says ending austerity will not mean spending splurge [...]
Employment in US surges after weak February but wage growth slows April 5, 2019 The US created 196,000 new jobs in March in a marked improvement from February's dramatic slowdown, it was revealed today. Read more: US economic growth unexpectedly slows in final quarter However, wage growth slowed to 3.2 per cent in March compared to a year earlier after growing 3.4 per cent in February, mixed US economic data [...]
Sir Philip Green’s Arcadia Group risks pension row with £25m funding cut proposal April 5, 2019 Sir Philip Green's Arcadia Group has proposed cutting the £50m it pays into its pension scheme in half in a move that risks igniting a new pensions row. Arcadia, which owns high street retail brands like Topshop, has internally discussed plans with advisers to cut retirement contributions to £25m as it looks to restructure its [...]