Brexit in 2019: The only certainty is uncertainty January 4, 2019 Predicting what will happen in the world of politics is a notoriously difficult task at the best of times, but in the current all-bets-are-off climate, surely only a fool would give it a go. City A.M.’s Owen Bennett is that fool, and here are his tips for what to look out for. Brexit May's Brexit [...]
House votes to end shutdown despite Trump veto threat over border wall January 4, 2019 The US House of Representatives has voted to end the partial government shutdown without funding President Donald Trump’s border wall. The congress, which is now under Democrat control, passed a bill to fund homeland security until 8 February, as well as measures to fund other federal agencies currently affected by the shutdown. But the move [...]
Westfield Stratford and Westfield London boost Christmas shopping footfall January 4, 2019 Westfield London and Stratford City saw record festive footfall this year, helping to dispel fears of retail gloom over the Christmas period. Christmas footfall was up 11 per cent year-on-year with 15.6m visitors visiting the centres from the start of November, the owner of the two shopping centres, Unibail-Rodamco-Westfield, announced today, while Boxing Day shoppers hit 350,000 [...]
Huawei punishes staff after Happy New Year tweet sent from an iPhone January 4, 2019 Huawei staff have reportedly been punished after Twitter followers were wished a happy new year from the official account via an iPhone. The tweet was posted on New Year’s Day, wishing followers a "Happy #2019", but the message included automated text telling users it came “via Twitter for iPhone”. While the company promptly deleted the tweet, [...]
Unite union set to take legal action against Monarch over 450 job losses January 4, 2019 Union Unite is preparing to take legal action after around 450 workers were made redundant following the collapse of Monarch Aircraft Engineering (MAEL) this morning. The union said it would seek compensation on behalf of its members over the company’s alleged failure to consult with staff and called for an urgent meeting with administrators KPMG. Work [...]
Londoners set to bag two per cent pay rise in 2019 as job vacancies jump January 4, 2019 London workers will enjoy a 2.4 per cent increase in their salaries this year, making the capital one of the best cities in the UK for pay rises. The welcome boost to pay packets will take the average salary in the capital to £38,600, according to a new report from online job site CV Library. [...]
British citizen detained in Russia after being accused of spying January 4, 2019 A British citizen who has been detained in Russia and charged with espionage could be facing up to 20 years in prison. Dual British – US citizen Paul Whelan, 48, was detained by Russia’s FSB state security service in Moscow last Friday. Foreign secretary Jeremy Hunt said he is “extremely worried” about Whelan, and the [...]
Eurozone inflation falls to its lowest rate in eight months as business output crashes January 4, 2019 A fall in oil prices saw eurozone inflation crash to an eight-month low in December as business activity fell to a four-year low, it emerged today. Inflation for the 19-country area stood at 1.6 per cent in the last month of 2018, down from 1.9 per cent in November and the lowest recorded since April, [...]
German politicians including Chancellor Angela Merkel have personal data hacked and published online January 4, 2019 The personal data of hundreds of German politicians has been published online following a targeted hacking attack, according to reports. Local media said hackers have released data from politicians across all major parties including credit card details and mobile phone numbers, with Chancellor Angela Merkel among those affected. The extent of the attack is not [...]
Lending growth slows as consumers remain cautious ahead of Brexit January 4, 2019 Consumer lending growth dropped to its slowest rate in more than three years in November, according to new data from the Bank of England (BoE). The annual growth rate for consumer credit slowed to 7.1 per cent in November, reflecting weaker flows of new lending, the BoE said. The growth rate was the slowest since [...]