Insurers expected to have weathered the Brexit vote storm August 7, 2016 Insurers are expected to reveal they have navigated referendum uncertainty just fine when they announce their half-year results next week. Pensions, investments and insurance giant Standard Life will reveal how it has performed in the first six months of 2016 on Tuesday, as will Legal & General. Meanwhile, results are due from Prudential on Wednesday and from [...]
This German unicorn tech startup could IPO as soon as next year August 7, 2016 Food delivery startup Delivery Hero could go public as soon as next year, its chief executive has revealed. The German startup, a so-called unicorn valued at more than $1bn, could IPO next year but is in "no hurry" and can wait for the right conditions. "Whether it will happen next year? It is quite possible," said [...]
Clegg claims Gove was behind a story alleging the Queen was pro-Brexit August 7, 2016 The supposed views of the Queen on Brexit were leaked to the press in the run up to the EU referendum, and now the person behind the story has been named by the ex-deputy prime minister. According to Nick Clegg, it was Michael Gove who leaked a story claiming that Her Majesty was pro-Brexit – views later denied by [...]
Frack yeah: Homes near shale gas sites to cash in August 7, 2016 Homeowners near sites where shale gas exploration is taking place will be able to cash in under new government proposals. Residents close to fracking sites could benefit directly from a share of as much as £1bn, new Prime Minister Theresa May has said. The shale wealth fund, set up under George Osborne, promises up to 10 [...]
Russian athletes to be barred from Rio 2016 Paralympics August 6, 2016 Russian athletes are to be banned from taking part in the Paralympic Games in Rio later this month. The International Paralympic Committee (IPC) has suspended Russian athletes provisionally in response to the report from Professor Richard McLaren that uncovered the extent of doping in Russia, according to the Observer. Read more: The most marketable athletes at the 2016 Olympic and [...]
MPs to leave Parliament for six years while it gets a face-lift August 6, 2016 MPs are set to clear out of Parliament while it gets refurbished over a six-year period. According the The Times, politicians will be leaving their historic headquarters and moving into the Department of Health at Richmond House, where MPs will not be able to buy booze. The building is owned by financiers from the Middle East [...]
BBC to send vans to flush out illegal iPlayer users August 6, 2016 The BBC is planning to catch out people illegally using its iPlayer service by sending out vans equipped with WiFi detection devices, the Telegraph reported today. From the 1 September people watching the BBC using its iPlayer catch-up site will need to have a TV licence. The BBC's vans will be looking to find those who are dodging the £145.50 [...]
Donald Trump finally backs US house speaker Paul Ryan August 6, 2016 Donald Trump has ended his political stand-off with Paul Ryan, endorsing the US House speaker in a speech on Friday. The Republican presidential nominee had previously said he would not back Ryan's bid to become re-elected as House Speaker, but reversed his position at a rally in Green Bay, Wisconsin, saying: "We may disagree on a [...]
Get set for Southern Rail strikes next week, after union talks broke down August 5, 2016 There's no easy way to say this: those Southern Rail strikes are more than likely going ahead next week after talks between bosses and the RMT union broke down. Talks between Southern and RMT ended with no resolution this evening, meaning five days of strikes will go ahead next week. That came after RMT offered [...]