Don’t listen to the “cabal” of elites trying to keep us in the EU, says Wetherspoon boss November 29, 2016 The boss of Britain's largest pub chain has attacked a "cabal of politicians and elite groups… fighting to overturn the [Brexit] decision" comparing them with "undemocratic and totalitarian" regimes of the past. Wetherspoon's chairman and founder Tim Martin, who was vocal in campaigning for Britain to leave the EU in the run-up to the Brexit vote, warned [...]
Latest campaign spending figures show a 52 to 48 per cent split between Leave and Remain in EU referendum donations November 29, 2016 The latest spending figures show donations to the Leave and Remain campaigns mimic the result of the EU referendum. The Leave campaign received 52 per cent, or £1,451,414, of donations while the Remain campaign received 48 per cent, or £1,344,419, according to preliminary data of donations under £250,000. Details of more than £4.5m in spending by 48 campaigners over the EU Referendum was [...]
Eurozone business confidence falls but Brexit effect seems to have worn off November 29, 2016 Business confidence in the Eurozone fell in November, surprising analysts after a widely followed measure posted healthy gains in the previous two months. However, the indicator represents a relatively stable outlook after Brexit lows and ahead of a year of major political events in Europe. The business climate indicator, which reflects the results of a [...]
John Lewis just had the biggest week in its trading history with nearly £200m in sales thanks to Black Friday November 29, 2016 The jury may be out on the winner of the Christmas ad battle, but John Lewis has other reasons for festive cheer. The retailer has just revealed sales of £199.8m, up 6.5 per cent year-on-year, for the week up to 26 November. Spurred on by Black Friday and its price matching efforts on the "Never [...]
Traffic congestion costs London businesses £237m each year November 29, 2016 Congestion in the capital has long been a bugbear for drivers, passengers and residents alike. And TomTom's Traffic Index, which measures congestion on the roads in 295 cities, has found it's also proving costly for London's businesses. Research it conducted noted that traffic in the capital increases the time each vehicle spends on the road [...]
Richmond, Islington and Bromley residents are among the least generous with charitable donations November 29, 2016 As the season of giving approaches, what better time to explore which of the capital's residents are set to be promoted to the top of Father Christmas' nice list? A study of over 18,000 London donations by The Big Give found that some of London's most deprived boroughs demonstrated some of the highest levels of generosity. The boroughs which [...]
It might not be our problem in the future: Southern rail’s owner cuts pension costs to reflect “limited responsibility” November 29, 2016 It's been a nightmare year for Southern rail. But its owner was given a boost today after revealing its profits will leap by 38 per cent, simply by changing the way it accounts for its railway pension costs. Go-Ahead shares were one of the top movers in the FTSE 250 this morning, up over three per cent, following [...]
Theresa May’s Conservatives now have a 16 point lead over Labour November 29, 2016 New polling data has shown Theresa May's Conservatives extending their advantage over the Labour party. According to new research published this morning by ICM, the Tories have a commanding 16 point lead over Jeremy Corbyn's party. Asked who they would vote for in a general election, 44 per cent of Britons told the pollster they would [...]
UK consumer borrowing continues to rise in October November 29, 2016 Lending to UK households grew in October, as British consumers continued to borrow money in spite of the vote to leave the European Union. Consumer credit grew by an annual rate of 10.5 per cent in October, marginally faster than the 10.4 per cent rate reported for September. This translates to an increase of £1.6bn [...]
Iceland Foods wants to thaw dispute after Iceland the country announces legal action against the supermarket November 29, 2016 Iceland the country got a bit frosty with Iceland the retailer last week. And now Iceland Foods is seeking to smooth over any grievances, saying it seeks "peaceful coexistence" with the country. In a statement, the company said: "Following the regrettable outbreak of legal and verbal hostilities last week, the UK retailer Iceland Foods is urgently seeking [...]