Harvey Nash reveals resilience in face of Brexit vote June 30, 2016 Global recruiter Harvey Nash today revealed what it described as a "resilient" performance, adding that it was in a good position to weather Brexit uncertainty. The figures In a brief statement on its financial position released ahead of its AGM today, Harvey Nash announced that its gross profit for the four months ended May had increased [...]
EU Commission competition authority launches investigation into AB InBev’s “Belgian beer market practices” June 30, 2016 The European Commission competition regulator has opened an investigation into whether Anheuser-Busch InBev (AB InBev) has abused its position in the Belgian beer market. The investigation, launched on the antitrust authority's own initiative, will decide whether AB InBev has used its "dominant" role on the Belgian drinks market to hinder imports of its beer from neighbouring countries, such [...]
Andrea Leadsom is running for the Conservative leadership June 30, 2016 Andrea Leadsom said this morning she will be running for the Conservative leadership. Leadsom, who campaigned for Brexit, tweeted this morning: "Let's make the most of the Brexit opportunities! #FreshStart" [custom id="161"] Her announcement comes as Michael Gove, another prominent Brexit campaigner threw his hat into the ring. Gove said: "I have come, reluctantly, to the conclusion [...]
When will Article 50 be triggered? Probably not this year, according to the bookies June 30, 2016 Although the electorate have signalled their intent to leave the European Union, one big question remains in Westminster, the City, across Europe and even further afield: When will the UK actually break away? This comes down to the crucial matter of Article 50 – the clause which sets the clock ticking on a two-year timetable [...]
“Brexit means Brexit”: Theresa May has formally thrown her hat into the Tory leadership race – backed by Jeremy Hunt June 30, 2016 We knew it was coming – but this morning home secretary Theresa May formally joined the leadership race for the Conservative Party. Jeremy Hunt, who had widely been expected to throw his hat into the ring, gave his backing to May instead That followed announcements by Michael Gove and Andrea Leadsom this morning. Liam Fox and [...]
Trayser eBike review: The most futuristic battery-assisted pushbike yet June 30, 2016 Electric bikes are increasingly falling into two categories. Most attempt to disguise the fact that you’re getting a speed boost from the rear-wheel motor, squirrelling the battery away in a discreet water bottle and leaving all around you to think that – as you zip off into the distance – you might just have really [...]
A decision on airport expansion has been put back until “at least” October June 30, 2016 A decision on airport expansion will be delayed until "at least October", the transport secretary has said. In Parliamentary questions this morning, Patrick McLoughlin said while he had hoped the government would be able to announce a decision this summer, it will now be delayed. "Being realistic, I cannot foresee an announcement until at least [...]
Divided Britain: Most people still identify as working class and believe social mobility has worsened June 30, 2016 Britain really is the nation of the white van man – at least if you let people describe themselves. Most Britons still identify as working class even though only a quarter of the population are in working class occupations, according to the annual British Social Attitudes Survey. Six in ten respondents to the annual survey described [...]
UK current account deficit running at a near record high June 30, 2016 The UK's current account deficit is still running at a near record high, stoking fears about a balance of payments crisis in the wake of the UK's referendum on the EU. The deficit – a measure of the difference between money coming in and going out of the country – came in at £32.6bn in the [...]
Singapore bank UOB suspends London property loans following Brexit vote June 30, 2016 Singaporean bank UOB has become the city state's first lender to suspend loans for London properties citing uncertainty caused by the result of last week's EU referendum. "We will temporarily stop receiving foreign property loan applications for London properties," a UOB spokeswoman said in an email. "As the aftermath of the UK referendum is still [...]