England manager Gareth Southgate insists he’s no soft touch on injuries after spate of withdrawals November 9, 2017 England manager Gareth Southgate insists he is no soft touch on injuries and that the litany of players who have declared themselves unavailable for international duty all had genuine reason to pull out. Southgate’s preparations for Friday’s friendly against Germany and Tuesday’s with Brazil have been severely undermined by a raft of withdrawals this week, [...]
Penny Mordaunt named international development secretary November 9, 2017 Penny Mordaunt has been promoted to the cabinet, taking the international development seat vacated by Priti Patel last night. The Portsmouth North MP, who has been the minister for disabled people since Theresa May became Prime Minister last summer, was the favourite as she maintains both the delicate balance of views on Brexit within the [...]
Lords demand the chancellor agrees a “post-Brexit standstill” for financial services November 9, 2017 A Lords committee has written to Philip Hammond demanding he seek a post-Brexit “standstill transition period” for the financial services sector. In the letter the chair of the EU financial affairs sub committee chair Baroness Falkner said it was clear the sector required a period in which the status quo was maintained after numerous hearings [...]
Michel Barnier: There is no middle way on Single Market or customs union November 9, 2017 The EU’s chief negotiator Michel Barnier has told the UK there is no compromise position on the Single Market or customs union. Barnier, who was speaking in Italy before joining the latest round of formal negotiations in Brussels, said the UK needed to be aware that any decision to leave the European Union and its [...]
Coca Cola HBC shares rally as board confirms succession plan in progress after sudden death of CEO Dimitris Lois November 9, 2017 FTSE 100 bottling firm Coca Cola HBC said this morning that it has started a succession process following the sudden death of its chief executive last month. Dimitris Lois passed away early last month, just weeks after announcing he was temporarily stepping down on medical leave. Read more: Coca-Cola HBC AG leads FTSE 100 top [...]
The government is offering Saudi Aramco a $2bn loan guarantee November 9, 2017 The UK government is finalising a $2bn loan guarantee for the most valuable company in the world – and one which it is currently hoping will list in London. UK Export and Finance (UKEF) is close to signing off a “significant” finance facility with Saudi Aramco, hoping it will be used to support making purchases [...]
Rachel Reeves: Saudi Aramco listing risks “watering down” UK’s reputation for corporate governance November 9, 2017 A second MP has suggested she is against the Saudi Aramco megalisting coming to London, saying she is “sceptical” of the value it brings to the UK and warning it could “water down” the country’s reputation for corporate governance. Rachel Reeves, chair of the influential Business, Enterprise, Innovation and Skills (BEIS) committee, told City A.M. [...]
Housebuilder share prices are being pushed lower for the second day: Redrow, Persimmon, Taylor Wimpey, Barratt and Berkeley Group drop November 9, 2017 Shares in housebuilders tumbled for the second consecutive day this morning, after a double whammy of bad news from the Royal Institution of Chartered Surveyors (RICS) and housebuilder Redrow spooked investors. On the FTSE 100, Persimmon was the biggest faller, dropping 2.6 per cent, but Taylor Wimpey, Barratt and Berkeley Group all slid lower. On [...]
Tories demand Theresa May replace Patel with “Brexit enthusiast” November 9, 2017 Tory MPs have urged Theresa May to replace Priti Patel with a “Brexit enthusiast” after the Leave-supporting minister was forced to resign last night. Patel stepped down as international development secretary after further revelations about her meetings with Israeli officials came to light. She told the Prime Minister her actions had “fallen short” of what [...]
A self-driving shuttle crashed on its very first day on the road November 9, 2017 Things don’t always run smoothly when it comes to technology, especially when that technology is the kind that’s doing things by itself without human intervention, it turns out. Test of self-driving technology have been de-railed after one of the autonomous pods crashed on its very first day. The Navya and Keolis vehicle collided with a [...]