Trump to visit UK on 13 July, White House confirms April 26, 2018 US President will visit the UK on 13 July, the White House has confirmed this afternoon. An announcement had been expected later this evening, however press secretary Sarah Sanders broke the embargo by telling children kids on a ‘take your daughters and sons to work day’. It was later confirmed by the US ambassador Woody [...]
Snap eyes up revenue growth with launch of new edition of Snapchat Spectacles April 26, 2018 Snap will be hoping for a change in fortunes with the launch of its new version of wearable Snapchat Spectacles. The specs look like regular sunglasses, but carry a camera that allows the user to take 10-second clips that can be sent to a user’s Snapchat app. The company’s first edition of the glasses led [...]
Brexit latest: Home secretary Amber Rudd says government is still having discussions over “final position” on customs union April 26, 2018 The government has admitted it will be dropping one of the two formal positions on future customs arrangements with the EU, after Amber Rudd told journalists the “final position” had not been nailed down. Speaking at a press gallery lunch while backbench MPs debated the virtues of the customs union, the embattled home secretary said: [...]
Poundworld to close as many as 100 stores as latest retail CVA is put on the table April 26, 2018 Poundworld has become the latest retailer to consider store closures and rent reductions. Some 100 stores could be shuttered under new plans, according to Sky News. The retailer is set to follow the likes of New Look, Carpetright and Toys R Us with a mechanism called a company voluntary arrangement (CVA). Hundreds of jobs are [...]
Investing in funds the basics unit trusts OEIC Investment Trust discount premium gearing how to choose ETFs ETPs similarities differences April 26, 2018 | City Talk Some investors are highly active and enjoy researching and choosing individual shares, bonds and other investments. However, this ‘hands-on’ approach can have disadvantages. For instance, it can be difficult to obtain sufficient diversification without incurring high transaction costs, and it can be a challenge to devote enough time to monitoring a portfolio consisting of many [...]
Brexit: Remainers plot the long game over customs union and Single Market: “We have the numbers” April 26, 2018 Remainer MPs are expecting today’s debate on the customs union to be a wash-out – but longer term claim they “have the numbers” to force the government’s hand. A motion tabled by senior MPs including Tories Nicky Morgan, Bob Neill and Sarah Wollaston will be debated this afternoon, squeezed between a number of urgent questions [...]
Facebook CTO Mike Schroepfer grilled by UK MPs over data breach scandal April 26, 2018 Facebook’s chief technology officer Mike Schroepfer has faced tough questioning in parliament today over the social media giant’s handling of private user data. At a hearing before the Digital, Culture Media and Sport Committee this morning, Shroepfer was also confronted by MPs over Facebook’s role in disseminating misinformation or so-called ‘fake news.’ Facing a series [...]
“Very strange bedfellows”: Why Waterstones thinks there’s a happy ending in its sale to activist Elliott April 26, 2018 Waterstones’ boss is relishing the “extra energy” and “certain vigour” brought about by today’s curious sale to US hedge fund goliath Elliott Advisors. Elliott, best known for buying stakes in some of the world’s biggest companies and agitating for change, today snapped up the UK high street darling from Lynwood Investments. The Paul Singer founded [...]
Toyota launches London startup and starts the hunt for tech talent April 26, 2018 Toyota is launching a new startup in London to develop new transport services it can roll out in Europe, and is on the hunt for a crop of data scientists, engineers and software developers to bring on board. It is aiming to build up expertise in ride-sharing and remote delivery, and start bringing specialised mobility [...]
TSB brings in team of experts from IBM to help tackle online banking chaos as customers left unable to access accounts April 26, 2018 TSB is bringing in outside assistance to help tackle the banking system troubles that have left customers increasingly frustrated as they cannot access accounts. Chief executive Paul Pester told the BBC’s Today programme he was bringing in help as the problem entered a sixth day, by drafting in experts from IBM. “I’ve drafted in a [...]