Sterling drops against the dollar and the euro after Theresa May confirms Article 50 trigger date as 29 March March 20, 2017 The pound has pared earlier gains against both the dollar and the euro, after the trigger date for Brexit negotiations was confirmed this morning. Sterling was up against the dollar, hitting around $1.2431, and the euro, at €1.1546, in earlier trading, but has since declined. At pixel time, the pound was at $1.2383 and €1.152 [...]
Theresa May confirms she will trigger Article 50 on Wednesday 29 March, kicking off Brexit process March 20, 2017 The kick-off date for the Brexit process has been confirmed as Wednesday 29 March. The UK's ambassador to the EU, Sir Tim Barrow, contacted EU council president Donald Tusk today to provide advance notice of the launch of Brexit talks. May will contact Tusk directly to launch negotiations. A spokesperson for May said: "We have always been [...]
Now banks have pulled their Google ad spend as Royal Bank of Scotland, HSBC and Lloyds pile on pressure March 20, 2017 Google is facing growing pressure over claims it's profiting from hate speech as some of Britain's biggest banks are the latest to pull their ads from YouTube. Royal Bank of Scotland, HSBC and Lloyds have suspended their advertising with the tech giant following an investigation which revealed household brand names were appearing next to offensive and extremist [...]
Professor Stephen Hawking fears he won’t be welcome in President Donald Trump’s US March 20, 2017 Professor Stephen Hawking has said he doesn't feel welcome in the US now it's under the power of President Donald Trump. In an interview with Good Morning Britain today, he expressed concern about the "definite swing to a right wing, more authoritarian approach" in US politics and the emergence of President Donald Trump. Read more: [...]
Britain needs a smart state, not big government, to lead the Fourth Industrial Revolution March 20, 2017 In her first party conference speech as Prime Minister, Theresa May declared it was “time to remember the good that government can do”. Setting out a new approach to the role of the state, she rightly acknowledged that Whitehall doesn’t have all the answers but should instead be a proactive “force for good”. That’s certainly the right [...]
More than half of firms facing hiked business rates are already planning cutbacks March 20, 2017 Six out of 10 firms facing increased business rate bills are already planning cutbacks, new figures reveal. The revaluation of business rates is due to come into force next week, and after building pressure chancellor Philip Hammond introduced some transitional protections for firms in his Budget. However, a survey of London's firms has now laid [...]
Theresa May is embarking on a UK tour to galvanise Brexit support March 19, 2017 Prime Minister Theresa May will kick off a nation-wide tour with a visit to Wales this week as part of a move to "strengthen and sustain the precious Union." Details of the trip were announced as Scottish first minister Nicola Sturgeon doubled down on her commitment to holding a second independence referendum. Dates for May's [...]
Theresa May ready to accelerate plans for energy market intervention March 19, 2017 Prime Minister Theresa May could accelerate energy market reform, bringing forward plans within weeks after hinting at an intervention on Friday. A green paper on energy pricing had been expected next month, but now speculation is rife that it could emerge even sooner as Downing Street seeks to capitalise on growing momentum. Former Tory minister John [...]
Theresa May is taking business support for granted says Tim Farron March 19, 2017 Lib Dem leader Tim Farron has accused Prime Minister Theresa May of taking her party's support from the business community "for granted", and issued a stark warning to Conservative MPs to "defect or resign". Speaking at the Lib Dem's spring conference in York, Farron said that May had "hung out to dry her own backers in British [...]
Nicola Sturgeon says that Single Market membership is “the minimum” for Scotland March 19, 2017 Scottish first minister Nicola Sturgeon has vowed to secure Scotland's membership in Europe's Single Market after last week declaring she would seek a referendum on independence. Last Monday, Sturgeon announced she would call on MSPs to back a motion demanding a vote on remaining within the UK by Spring 2019. Downing Street has already slapped down the [...]