The rental economy is blossoming, but it could spell trouble for manufacturers June 12, 2019 My son recently had a holiday in Greece. His experience at Gatwick airport made it particularly interesting – which is possibly the first time that phrase has ever been written. He drove to the airport and his car was picked up, not by a valet service, but by a company which will rent your car [...]
Government plan sets UK on track to cut emissions to zero by 2050 June 11, 2019 Parties and campaign groups praised the Prime Minister as she today announced a plan to eliminate Britain’s contribution to global warming by mid-century. A government bill, introduced tomorrow, will put Britain on a path more ambitious than any other G7 economy. It calls for the country to reach net zero emissions by 2050. “This is [...]
Labour launches plan to make ‘no deal’ Brexit illegal June 11, 2019 Labour are set to launch an audacious bid to make it illegal for the UK to leave the EU without a Brexit deal. The party will force a vote in parliament on Wednesday afternoon to make it possible for MPs to introduce legislation on 25 June ruling out a ‘no deal’ Brexit. The plan has [...]
Tory leadership hopeful Rory Stewart: I can beat Boris and I will stick up for the City of London June 11, 2019 Rory Stewart may have walked through the Afghanistan desert, written several books and even served as a deputy governor in Iraq during the war, but the greatest challenge of his career to date could be far closer to home: beating Boris Johnson. The international development secretary’s softer stance on Brexit and conciliatory approach has forced [...]
Hong Kong Horse Racing Tips: Lor and Chan have the Spirit to bloom on the all-weather June 11, 2019 TRAINER Me Tsui is synonymous with all-weather racing in Hong Kong. The 58-year-old local handler has been known for so long as the ‘Dirt King’ in the territory, and rightfully so. This season alone, Tsui has saddled a dozen winners on the surface, including an incredible 11 wins and 10 places from just 46 runners [...]
Mining stocks pull up FTSE 100 June 11, 2019 Mining giants helped push up the FTSE 100 this morning as China announced increased local government spending. The miners were also boosted by Chinese iron prices which jumped by nearly six per cent in today’s trade. Evraz, Antofagasta, Rio Tinto, Gencore and BHP rose between two and four per cent each. They were all among [...]
Sports Direct launches legal challenge to Debenhams restructuring plan June 11, 2019 Retail tycoon Mike Ashley has launched an audacious legal challenge to stall the turnaround plan at Debenhams, reigniting a bitter feud for control of the high street retailer. The embattled department store chain confirmed today that it has received challenges to its company voluntary arrangements (CVA) from parties including Sports Direct, the budget sportswear retailer [...]
The City of London wants your views on moving three historic food markets to Dagenham Dock June 11, 2019 The City of London Corporation is launching a public consultation on the move of three of its historic wholesale food markets in Smithfield, Billingsgate and New Spitalfields. In April, the Corporation’s main decision-making body, the court of common council, chose a site in Dagenham Dock as its preferred option for the three markets. The Corporation [...]
Mortgage lending grows in solid start to the year June 11, 2019 The UK mortgage market enjoyed a solid start to the year as residential lending and new mortgage commitments both rose. The outstanding value of all residential mortgage loans rose to £1.45bn in the first quarter, a 3.4 per cent rise on a year earlier. Read more: Mortgage approvals rebound after delay on Brexit deadline The [...]
Heavy rain causes travel chaos for Southern and Thameslink commuters June 11, 2019 Heavy rain across England is causing chaos for passengers in the south east, especially on the routes run by Southern and Thameslink. There are major delays across the Southern network, which operates between London and the south of England, including Brighton, and on Thameslink, which runs from Bedford via central London to Kent. Read more: [...]