Exclusive: Firebrand MP Frank Field hopes to lock horns with Sir Philip Green over Arcadia sale February 19, 2018 One of Westminster’s most dogged MPs is hoping to lock horns once again with retail tycoon Sir Philip Green following reports that the former BHS owner is looking to sell his retail empire to a Chinese textiles conglomerate. City A.M. understands Frank Field, the Labour MP who spearheaded the parliamentary investigation into Green’s doomed sale [...]
Winter Olympics 2018: Olympic Athlete from Russia who was designated clean tests positive in Pyeongchang February 18, 2018 Olympic chiefs are facing further embarrassment over their handling of Russian doping after one of the country’s athletes who was permitted to compete at the Winter Games after being designated clean tested positive. The Olympic Athletes from Russia (OAR) team confirmed that it had been notified of a possible infringement of anti-doping rules but declined [...]
Chelsea v Barcelona: Champions League tie gives Eden Hazard the chance to finally step up to the European elite February 18, 2018 It was the Champions League that persuaded Eden Hazard to join Chelsea in the first place. Early in the summer of 2012, when the Belgian had the pick of Europe’s leading clubs, it was Chelsea’s triumph in Europe’s top club competition that tipped the balance in their favour. “When they won the Champions League, I [...]
Telegram initial coin offering (ICO): WhatsApp rival raises $850m in token pre-sale February 18, 2018 A controversial messaging app that rivals WhatsApp has raised millions of dollars by issuing its own version of bitcoin. Telegram is one of several tech companies that has been singled out by the UK government – along with Facebook’s WhatsApp and Apple’s iMessage – after terrorist attacks in London and Manchester last year. Messages sent [...]
Tuition fee review: Link university costs to economic benefits of subjects, says education secretary Damian Hinds February 18, 2018 The government could consider charging cheaper fees for university courses which are deemed of less economic benefit in a major review of tuition costs. The newly installed education secretary Damian Hinds has said that a major review of university education will look at all aspects of funding. “We have a system where you have almost [...]
British farmers need a Brexit fund, MPs on the Environment, Food and Rural Affairs committee say February 18, 2018 Farmers need to be given access to a special “Brexit fund” to help the agricultural sector adapt to new trading rule after leaving the EU, MPs have warned. Analysis of the potential impact of Britain leaving the bloc found that farmers face export tariffs if no trade deal is reached with the EU – and [...]
Ukip vote to sack leader Henry Bolton February 17, 2018 Ukip members have voted against leader Henry Bolton at a party meeting in Birmingham today. The vote of no confidence comes after he was embroiled in a controversy over his partner sending racist text messages. It will likely trigger the fourth leadership race in 18 months. An emergency general meeting was held at Birmingham’s International [...]
4.7-magnitude earthquake rocks Britain: Eyewitnesses describe “loud bang” as Wales bares the brunt of tremors February 17, 2018 A 4.7-magnitude earthquake has rocked parts of Wales and western England. The seismic event took place shortly after 2.30pm today. The epicentre was just 10km from Swansea but shocks were felt from Cornwall to Blackpool. There are currently no reported casualties Over 1,000 people have contacted the European-Mediterranean Seismological Centre (EMSC) to provide testimonies. Map [...]
IMF chief Christine Lagarde: “Why not” turn EU bailout mechanism into a European Monetary Fund? February 17, 2018 International Monetary Fund chief Christine Lagarde has given her backing to plans to transform the eurozone’s bailout fund into a European Monetary Fund. European Commission proposals – backed by the likes of Germany and France – would see the government-controlled European Stability Mechanism (ESM) transferred into the hands of the European Parliament. A European Monetary [...]
Prime Minister Theresa May warns EU leaders sticking to doctrine threatens public security February 17, 2018 Theresa May will today warn EU leaders public safety will be put at risk if they let political ideology stand in the way of post-Brexit international security arrangements. If the priority of Brexit talks is to impose political doctrine that avoids co-operation there will be “damaging real world consequences for the security of all our [...]