Workers face uncertain future as Ineos says it could be forced to close down Middlesbrough plant March 24, 2019 Britain’s largest private company has told the government it could close a manufacturing plant in the north east, with over 2,000 jobs on the line. The Middlesbrough plant, which makes acrylonitrile, a key component of acrylic clothes, is facing EU regulations which would cost the firm €100m. Read more: Ineos takes over US white pigment [...]
Brexit secretary warns of general election risk if MPs vote for softer Brexit March 24, 2019 Brexit secretary Stephen Barclay has warned the risk of a general election could be escalated if MPs vote for a softer Brexit next week. Barclay admitted a series of indicative votes planned in Parliament would not be binding and could be ignored by the government. Read more: Thousands join Brexit march calling for second EU [...]
Stocks for a durable ISA portfolio in the Brexit years March 24, 2019 | City Talk By Edmond Jackson from interactive investor. With the Brexit outcome still uncertain, companies analyst Edmond Jackson picks five larger cap stocks and three AIM shares for a resilient ISA. Be aware how sentiment towards equities hinges currently on whether Brexit is "resolved" by way of "Soft" business-friendly outcome, or the UK leaves the EU without [...]
Pinterest reveals revenue growth in first public filing as it heads toward IPO March 23, 2019 Pinterest has announced its plans for an initial public offering (IPO) and highlighted its fast revenue growth and shrinking losses as it heads towards a public listing. The image sharing platform joins a whole line of technology companies looking to move into the public market and outlined its plans to the New York Stock Exchange [...]
Barclays director Chris Pilling surprise candidate to become new FA chief March 23, 2019 Barclays director Chris Piling is one of the final candidates in the race to take over as chief executive of the Football Association, according to Sky News. Piling is a leading contender to replace Martin Glenn at the FA but faces competition from Mark Bullingham, the current chief commercial and football development officer at the [...]
Thousands join Brexit march calling for second EU referendum March 23, 2019 Demonstrators have gathered in central London as thousands take part in the People's Vote march calling for a second EU referendum. The march, which began at 12pm, will see people walk from Park Lane to Parliament Square before culminating in a rally in front of Parliament. It comes as MPs continue to search of a way out of [...]
Dogs of the Footsie 2019: 10 shares yielding 6 per cent plus March 23, 2019 | City Talk By David Budworth from interactive investor. Here are the 10 high yielders that make it into this year's Dogs of the Footsie investment strategy. It's time to reset our Dogs of the Footsie portfolio, selecting the 10 highest-yielding shares of the FTSE 100 index. Around half of 2018's portfolio is carried over on to this [...]
RBS to wind down £1bn worth of local council lobos loans by end of 2019 March 23, 2019 The Royal Bank of Scotland (RBS) will attempt to wind down £1bn of controversial bank loans given to local councils across the UK. The move comes after criticism from campaigners and shadow chancellor, John McDonnell, who claimed that high payments had led to a diversion of cash from council services. Read more: CYBG raises business banking [...]
Theresa May could pull third Brexit deal vote if it lacks support March 23, 2019 Prime Minister Theresa May has told MPs she will not hold a third vote on her Brexit deal next week if she thinks it will not pass. This would mean that, just as if it had been rejected again, there will be a new deadline of April 12 for the UK to set out a new plan [...]
Battersea power station home buyers to claim refunds due to long delays March 23, 2019 People that purchased flats in the redevelopment of London’s Battersea Power Station will soon be eligible to claim a full refund with works running so far behind schedule. The scheme has been plagued with difficulties and the majority of the 255 apartments listed along the River Thames will not be ready before their “long-stop dates” [...]