Airbus and BMW better start planning for a no-deal scenario June 27, 2018 The EU (Withdrawal) Bill has now received Royal Assent, and over the next few days the Prime Minister will be at the European Council in a far stronger position and hopefully an emboldened mood. This does not mean that the next phase of Brexit is going to be any easier than the two years since [...]
UK house price growth slips to five-year low of two per cent with London the weakest performing region June 27, 2018 Annual house price growth slowed to a five-year low in June, a closely-watched index revealed this morning. The Nationwide house price index reported that UK annual house price growth had softened to two per cent, compared to the 2.4 per cent posted in May, with prices edging up 0.5 per cent during June after taking [...]
Carlos Ghosn says Nissan is ‘in the dark’ over Brexit June 27, 2018 Nissan is "in the dark" about the UK's impending departure from the EU, the chairman and CEO of the Renault-Nissan alliance has said. Carlos Ghosn told the BBC it was "difficult to take a position not knowing what Brexit will look like". He said Nissan made about 500,000 cars last year, and that 80 per [...]
UK house price growth slips to five-year low of two per cent with London the weakest performing region June 27, 2018 Annual house price growth slowed to a five-year low in June, a closely-watched index revealed this morning. The Nationwide house price index reported that UK annual house price growth had softened to two per cent, compared to the 2.4 per cent posted in May, with prices edging up 0.5 per cent during June after taking [...]
RAF reveals aircraft line-up for ‘once-in-a-lifetime’ centenary July flypast over central London June 27, 2018 The aircraft line-up for a "once-in-a-lifetime" flypast taking centre stage for the Royal Air Force's (RAF) 100th anniversary celebrations has been revealed. On 10 July, up to 100 RAF aircraft will perform a flypast over central London with Spitfires alongside some of the RAF's most state-of-the-art aircraft. The occasion will mark the largest concentration of [...]
Hbos Reading: Treasury Select Committee joins calls for further transparency over ‘shocking’ fraud case June 27, 2018 A second group of MPs have weighed into the Hbos Reading fraud case, following last week's explosive report, demanding "maximum transparency" over what took place. The Treasury Committee chair Nicky Morgan has written to Dame Linda Dobbs, who is currently carrying out an independent review of the case, saying the Committee expects to receive the [...]
European business groups blast UK and EU for lack of progress on Brexit services deal June 27, 2018 A top European business group yesterday lambasted Brexit negotiators from the EU and the UK for their failure to make concrete progress towards a deal for services. The European Services Forum (ESF), which represents firms across Europe and the UK, wrote to chief negotiators Michel Barnier and David Davis to urge them to “take all [...]
Banks to be subjected to ‘cyber stress tests’ to see if they could withstand a major hacking attack June 27, 2018 Financial services companies will be subject to “cyber stress tests” to establish if they could recover in the event of a major breach, the Bank of England said today. The bank is establishing new standards for how long a bank’s ability to deliver key services such as providing payments and insuring against and dispersing risk [...]
Ticketmaster warns of data breach affecting tens of thousands of UK customers June 27, 2018 UK customers of Ticketmaster, GETMEIN! and TicketWeb who bought tickets between February and 23 June this year may have had personal and payment information stolen by hackers. Ticketmaster – which controls more than 80 per cent of worldwide ticket sales – found it had been targeted by fraudsters last week as it identified "malicious software" [...]
Full steam ahead for Royal Docks regeneration plan June 27, 2018 A £300m plan to transform London’s Royal Docks has been given the green light today, in a move that will boost east London's business ambitions. The investment will go towards bolstering Newham’s Royal Docks, which has fallen behind London’s other waterside projects due in large part to its relative remoteness. Read more: The Royal Docks [...]