Prime Minister forges ahead with Chequers’ Brexit white paper as Eurosceptic rebellion looms July 11, 2018 The Prime Minister is pushing on with her Chequers proposals in publishing the much-awaited Brexit white paper today, as Eurosceptics plot rebellion from the backbenches. The white paper – hailed as the most significant Brexit publication since the 2016 referendum – will set out Theresa May's vision for the UK's future relationship with the EU. [...]
Brexiters unveil plan to derail Theresa May’s Chequers proposals July 11, 2018 Brexiters are planning to block Theresa May's Chequers proposals by rebelling against the government's next major Brexit bill. Eurosceptics led by Jacob Rees-Mogg are tabling four amendments to the Cross Border Trade Bill, which is due to be debated in the Commons next week, in a bid to challenge what they blast as 'Brino' – [...]
The most irritating office jargon of 2018, ranked by UK workers July 11, 2018 We've all got our pet hates in the workplace, but few things can cause gritted teeth as quickly as some choice office jargon. So, it is a no-brainer that today Glassdoor has today revealed the UK's most annoying work buzzwords of 2018, so we can all touch base on what have been the game-changing phrases [...]
Number 10 Downing Street is no place for a Brexit betrayer July 11, 2018 The UK government and parliament are fast approaching another of those thankfully rare historical episodes that are either nation-affirming or hugely humiliating. Will we witness our salvation of 1940, or our Suez of 1956? It is being brought to us courtesy of a Prime Minister doing her utmost to become possibly the worst leader to [...]
Sainsbury’s bats away criticism of new chairman Martin Scicluna July 11, 2018 Sainsbury’s yesterday defended its new chairman after he received criticsm from an investor concerned with his involvement in a botched merger when he worked for Lloyds bank. The supermarket yesterday said insurer RSA’s chairman Martin Scicluna would become non-executive chair in March 2019. Scicluna worked for Lloyds Banking Group when it bought struggling HBOS in [...]
Page Group posts strong profit growth worldwide – but UK business falters July 11, 2018 Recruiter Page Group has today announced a record quarterly gross profit of £208.2m, representing 14.5 per cent growth, for the second quarter (Q2). Despite strong growth throughout its business, in the UK profits contracted by 1.9 per cent for Q2 and 4.5 per cent for the first half (H1). Read more: Easter bunny not a [...]
1 in 3 Londoners have no retirement: How property could be the answer to a fruitful retirement July 11, 2018 | Sponsored Most people dream of a comfortable, long retirement, but with the current state pension sitting at just £125 per week, and the full new state pension (for a man born on or after 6 April 1951 or a woman born on or after 6 April 1953) just £168 per week, the reality is somewhat sobering. [...]
Brexiters pressuring ministers to ‘put principle before career’ over Chequers deal July 11, 2018 Pro-Brexit frontbenchers are coming under pressure to act on "principle" and quit over Theresa May's Chequers proposal, after further resignations last night. City A.M. understands that Brexit minister and former head of the European Research Group Suella Braverman has been "getting heat" from the very group she once led over her decision to remain in [...]
Indivior share price dives in wake of US market competition July 11, 2018 Shares prices in pharmaceuticals giant Indivior plummeted as much as 35 per cent in early morning trading after the firm scraped its full-year guidance in the wake of a growing US market rivalry. The FTSE 250 UK company warned that its projections for 2018 are "no longer valid" as the addiction treatment specialist faces stiff [...]
Bank of Cyprus offloads UK subsidiary for £103m to ‘Cynergy’ consortium July 10, 2018 The Bank of Cyprus has agreed to sell its UK banking operations to a consortium of investors in a £103m deal. The all-cash sale, which will complete by the end of the year, comes as Bank of Cyprus refocuses its efforts on the Cypriot economy. The lender was bailed out in 2013 by European authorities, [...]