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Business

  • Japanese Prime Minister Shinzo Abe urges Theresa May to avoid no-deal Brexit

    December 1, 2018

    Japanese Prime Minister Shinzo Abe has today asked Prime Minister Theresa May to do what she can to avoid a no-deal Brexit. Speaking at a bi-lateral meeting on the sidelines of the G20 summit in Argentina, Abe praised May for striking a deal with the EU. “I would like to once again ask for your [...]

  • G20 members agree to reform World Trade Organisation, says EU official

    December 1, 2018

    G20 nations have agreed to reform the World Trade Organisation (WTO) according to European officials, with a preliminary draft of the announcement expected to be released at the end of the two-day meeting today. An EU official has claimed that leaders have acknowledged the need to improve the WTO and are in support of doing so.  An agreement [...]

  • City broker TP ICAP lines up Man Group director Richard Berliand as new chairman

    December 1, 2018

    Man Group director Richard Berliand is close to joining interdealer broker TP ICAP as the company's new chairman as it looks to regain investors' trust following the chief executive's ousting. Berliand has held big trading roles at JPMorgan and is ICAP's first choice to replace current chairman Rupert Robson.  The move is likely to be announced before Christmas and could even [...]

  • Shadow Labour minister Kate Osamor allegedly threatens journalist with bat

    December 1, 2018

    Labour frontbencher Kate Osamor allegedly threatened a journalist with a bat last night after she was doorstepped in relation to her son’s drug case. Osamor, 50, the MP for Edmonton and shadow secretary of state for international development, allegedly told the journalist to f*ck off, threatened him with a bat and threw a bucket of [...]

  • Netflix in advanced talks to make Pinewood Studios its UK production hub

    December 1, 2018

    Netflix is in advanced talks to make Pinewood Studios its UK production hub following months of discussions over a long lease deal. The studios are based in Slough, just outside of London, and have a central role in UK film production as Netflix continue to expand their operation.  The move will see Netflix use the same [...]

  • Crossrail and HS2 chair Sir Terry Morgan faces sack after costs spiral

    December 1, 2018

    The chair of the Crossrail and HS2 infrastructure projects reportedly faces the sack over fears the rail link between London and Birmingham could exceed its £56bn budget by a large margin. Sir Terry Morgan has only been chair of HS2 for four months but could now be fired within weeks after his poor performance was [...]

  • Political leaders pay tribute to former US President George HW Bush after his death at 94

    December 1, 2018

    The political world has paid tribute to former US President George HW Bush who died late last night at the age of 94.   Bush Senior, who was father of fellow US President George W Bush and former Florida governor Jeb Bush, served one term as President from 1988 to 1992. His wife, former first lady [...]

  • Sam Gyimah resigns in protest at Theresa May’s “naive” Brexit deal

    December 1, 2018

    Science and universities minister, Sam Gyimah, became the sixth minister to resign in protest at Theresa May's Brexit deal when he quit the government on Friday evening.  It came after May announced that the UK was pulling out of the EU's Galileo satellite-navigation project, which Gyimah believes exposes the deal as "naive". The decision to pull out of the project came [...]

  • Former US President George HW Bush dead at 94

    December 1, 2018

    Former US President George Bush died late last night at the age of 94. Bush, the 41st US President, died at 10.10pm Central time at his home in Houston, according to a spokesperson. He was the father of George W Bush, the 43rd US President who served two terms during the 2000s, and Jeb Bush, [...]

  • Mike Ashley acquires Intu property despite row with retail landlord over House of Fraser stores

    November 30, 2018

    Mike Ashley has acquired a new property from Intu despite a public bust up with the retail landlord in which he threatened to withdraw 17 of his stores from their shopping centres.  The billionaire has bought a long leasehold on the former BHS site in Derby from Intu, according to the Press Association. It comes just two [...]

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