I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Hard Brexit will need longer transition for businesses, City policy chief warns January 16, 2017 The Square Mile will need a longer transition if Theresa May pursues a so-called Hard Brexit, City policy chairman Mark Boleat has warned. Delivering a lecture at King’s College, Boleat said that any deal with the EU must include time for business to adapt. However, he added that the nature of the deal is more important than [...]
Ukip’s odds of winning the Stoke-on-Trent by-election just got slashed by Betway January 16, 2017 The odds of Ukip winning the Stoke-on-Trent by-election have been slashed on growing expectations that the party's leader, Paul Nuttall, will throw his hat into the ring. Ukip's odds of winning the Stoke-on-Trent Central seat have been cut from 11/4 to 9/4 by betting exchange Betway, while Nuttall is now 15/8 to be Ukip's name [...]
Bank of England governor Mark Carney claims stimulus package in August saved 250,000 jobs from being lost January 16, 2017 Mark Carney has been slammed by leading Brexiteers after claiming that 250,000 jobs could have been lost if the Bank of England had not taken action in the aftermath of last year's EU referendum. Bank governor Carney slashed rates to 0.25 per cent in August last year, while expanding the UK's quantitative easing programme and providing [...]
Welsh water bidding war heats up after activist locals attempt to block Severn Trent takeover January 16, 2017 An investment company is still hopeful of buying a Welsh water company, with angry locals seeking to block the rival bid in an unprecedented case of shareholder activism. FTSE 100-listed utility firm Severn Trent agreed an £84m, £18.25-per-share, takeover for Dee Valley Water in November. However, in a never-before-seen move, the deal was blocked last week [...]
Daily Mail publisher abandons national press project to take on advertising decline January 16, 2017 The publisher of the Daily Mail has abandoned a national newspaper project to pool advertising resources. Project Rio, formerly known as Project Juno, still involves the publishers of the Guardian, Sun and Daily Express among others. But Daily Mail and General Trust (DMGT) is now out, with the publisher said to hold concerns around legal [...]
Popcorn group Propercorn snaffles up £7m investment to help with UK and overseas expansion January 16, 2017 Gourmet popcorn company Propercorn has snaffled a £7m investment from JamJar Investments and Piper Private Equity. The fast-growing popcorn brand, founded in 2011 by Cassandra Stavrou and Ryan Kohn, will use the cash injection to support its plans for growth in the UK and overseas. Propercorn was advised on the investment by London law firm [...]
British bosses are bold about Brexit – but worried about global growth January 16, 2017 Bosses at Britain’s largest firms are more optimistic about prospects for business expansion than their international counterparts despite sharing greater levels of concern about global growth and the fallout from Brexit, according to a new survey by PwC. The annual report, released tonight at the World Economic Forum (WEF) meeting in Davos, is based on [...]
UK tech urges Theresa May to clarify skilled immigration in hard Brexit speech January 16, 2017 The UK tech industry is calling on Theresa May to consider the need for skilled migrants in her plans for Brexit, which are due to be revealed in a highly-anticipated speech on Tuesday. The Prime Minster is expected to lay out her most detailed plans yet for a so-called hard Brexit that would mean an exit from the Single Market, customs union [...]
Rolls-Royce to pay £671m to settle corruption probes with three global fraud squads January 16, 2017 Rolls-Royce is in the final stages of locking down corruption and bribery probe settlements worth £671m in total with three authorities around the world, with the lion's share going to the UK's fraud squad. The British engineering company today announced today it has reached in principle a deferred prosecution agreement (DPA) with the Serious Fraud Office (SFO), [...]
H&M’s share price falls after sales figures disappoint January 16, 2017 Swedish international clothing retailer H&M's share price fell 2.76 per cent in trading today after it reported disappointing Christmas sales figures. The group's total sales in December rose six per cent year-on-year in local currencies, but analysts had forecast a sales increase of eight per cent. Read more: Bow down, John Lewis – H&M drops a Christmas [...]