Donald Trump has labelled French president Emmanuel Macron ‘very insulting’ for EU army comments November 10, 2018 Donald Trump has criticised French President Emmanuel Macron for comments he made about Europe needing an army to protect itself from the US, among other countries. Trump called the comments "very insulting" as he arrived in Paris to commemorate the 100th anniversary of the end of the first world war with other world leaders. On Tuesday, Macron called for [...]
Square Mile lags behind Orkney Islands to clinch the slowest internet in Britain November 9, 2018 Homes in the City of London have the slowest internet in the country, with speeds even in the remote Orkney Islands outstripping the square mile, a study has shown. Residential fixed-line broadband speeds average 15.1 megabits per second in the City, almost seven times slower than York, which is the fastest in Britain. This puts the Square [...]
Golden quarter could bring Christmas cheer to struggling British retailers November 9, 2018 Retailers might find seasonal cheer in an early Christmas present as experts predict a strong final quarter to the year. Sales in the sector are expected to tick up by two per cent year-on-year, according to analytics company Global Data. The increase will be driven by food and groceries, which are expected to grow 2.5 [...]
Jo Johnson quits as transport minister over Brexit, calling for second referendum November 9, 2018 Jo Johnson resigned from government this afternoon in protest at the Prime Minister’s Brexit strategy, backing calls for a second referendum. Calling Theresa May’s Brexit deal “a terrible mistake”, the minister of state for transport quit his post, claiming the UK economy would suffer from May’s Brexit agreement. “The choice being presented to the British [...]
Kerching: Supermarkets win court ruling over £300m cash machine case November 9, 2018 Supermarket giants including Sainsbury’s and Tesco have won a £300m court dispute over business rates for cash machines outside shops. Today’s ruling from The Court of Appeal decided in favour of the retail giants, who are set to be refunded hundreds of millions of pounds from the government and local authorities. For eight years retailers [...]
Creditors give green light to Gourmet Burger Kitchen closures November 9, 2018 Gourmet Burger Kitchen’s plan to close 17 of its restaurants was given the go-ahead by creditors today, as the firm looks to abandon its underperforming restaurants as part of a major restructuring plan. Some 250 jobs could be axed as a result of the closures, which have been triggered through a controversial insolvency plan used [...]
Ryanair plane seized at Bordeaux airport by French civil aviation authority in row over cash November 9, 2018 French authorities have seized a Ryanair plane at Bordeaux airport in a dispute over money they say the Irish airline owes. The civil aviation authority grounded the Boeing 737 on Thursday, with the flight due to carry 149 passengers to Stansted. The row involves money the airline received as aid related to its activities at the regional airport [...]
JP Morgan predicts Brexit deal to be agreed in coming days – but parliamentary approval won’t come until 2019 November 9, 2018 Banking heavyweight JP Morgan revealed today that it believes a transitional Brexit deal is likely to be signed between Britain and the EU within the coming days. JP Morgan economist Malcolm Barr said in a note to clients: “Agreement in time for a November 17-18 summit appears to remain possible even if odds are slightly [...]
Next and Anthropologie: a lesson in crisis management November 9, 2018 HIGH STREET BUSINESSES across the UK are fighting to stay afloat, with 14 stores closing every day. It’s a grim picture – but some companies are resorting to dirty tactics to stay afloat. Just today, two large retailers – Next and Anthropologie – have settled claims with smaller businesses over claims of copying – but [...]
Bitcoin mail bomber ‘snapped’ after customer service refused to reset his password November 9, 2018 A man who tried to blow up a Hackney cryptocurrency firm which refused to reset his password has been jailed for over six years. A court in Sweden found Michael Salonen guilty of attempted murder this morning after he sent a mail bomb to London-based Cryptopay. He was also sentenced to six months for sending [...]