Johnson: UK must take “every possible precaution” to defend itself from revenge Russia attacks following Syria strikes April 15, 2018 Cabinet minister Boris Johnson on Sunday stated that the UK should take “every possible precaution” to defend itself from the prospect of Russian retaliation following Friday’s air strikes on Syria. The foreign secretary made the comments to the BBC’s Andrew Marr show on Sunday after reports suggested that Russia could launch cyber attacks on infrastructure [...]
AA looks to get back on track with encouraging full-year results April 15, 2018 Breakdown cover firm AA is expecting to get back on the road with some positive results when it releases its annual report on Tuesday. For the year-end, estimates from Liberum reckoned that AA’s trading EBITDA will be around £392m, as sales will go up slightly to £964m from £933m in 2017. Earnings in 2019 have [...]
Costa spin-off could lead to £3bn Whitbread windfall – and cost just £20m April 15, 2018 Whitbread shareholders could snaffle a £3bn windfall if the firm spends just £20m spinning off Costa Coffee – a move one the world’s most famous activist hedge funds is clamouring for. Elliott Advisors has built up a £430m position in Whitbread over the last year. A stock market disclosure late on Friday revealed it is [...]
“More important than life or death”: Sir Martin Sorrell’s resignation statement in full April 15, 2018 Prominent adman Sir Martin Sorrell has resigned from his role as chief executive of WPP, the manufacturer he transformed into an advertising and marketing firm with global reach. While his resignation relates to an investigation into allegations of misconduct involving amounts of money which WPP says are not “material” to the firm, the specific reasons [...]
Jeremy Corbyn urges Theresa May to take in more refugees after Syria strike April 14, 2018 Jeremy Corbyn has written to Prime Minister Theresa May, claiming that last night’s air strikes on Syria were “legally questionable” and urging her to commit to taking more refugees. It follows his initial reaction to the bombing, when he was joined by Vince Cable and Nicola Sturgeon in questioning the Prime Minister’s decision to move [...]
Japan to propose new framework for discussing Pacific trade with Donald Trump April 14, 2018 Japan is willing to work with Donald Trump on after the President said the US could rejoin a Pacific trade partnership if the terms were “substantially better”. America pulled out of the Trans Pacific Partnership (TPP) of 12 countries including Japan at the beginning of Trump’s time in office, causing the remaining countries to strike [...]
Prince Harry and Meghan Markle wedding 2018: Pubs minister urges revellers to celebrate Royal Wedding at their local April 14, 2018 It has not been the best start to the year for the UK’s pubs. Snow had a severe impact on business during February and March, while tax hikes which came into effect this month are set to add to the pressure forcing 18 pubs to close every week. But Jake Berry, the minister responsible for [...]
International community responds to Syria strikes: Russia calls for UN meeting while Syria vows to fight on April 14, 2018 The UNited Nations security council will meet at 11am New York time today (3pm UK time) at Russia’s request. Following air strikes on Syrian government targets last night, Vladimir Putin said in a statement earlier today that Russia would convene an emergency meeting to discuss the action. He called the actions taken by the US, [...]
Jeremy Corbyn, Vince Cable slam Theresa May for not consulting parliament on Syria strikes April 14, 2018 Prime Minister Theresa May is facing criticism for joining with American and French allies to launch air strikes in Syria without a parliamentary vote. “Theresa May should have sought parliamentary approval, not trailed after Donald Trump,” said Labour leader Jeremy Corbyn. “The Government should do whatever possible to push Russia and the United States to [...]
US, UK and France launch air strikes on Syrian government targets April 14, 2018 Multiple government targets in Syria have been bombed by the US, UK and France force in response to a chemical weapons attack. Damascus and two locations near Homs were targeted due to their alleged use as chemical weapons sites. The intervention came in response to a suspected chemical attack on the town of Douma last [...]