Brexit talks intensify as bid to thrash out a deal continues in Brussels October 12, 2019 Brexit negotiations are set to continue in Brussels over this weekend as both sides move toward a workable deal. Discussions yesterday between EU’s chief negotiator Michel Barnier and UK Brexit secretary Stephen Barclay were labelled by the pair as “constructive”. Read more: EU member states approve the opening of ‘tunnel’ negotiations’ on Brexit Boris Johnson [...]
Prime Minister ‘shocked’ by Manchester stabbing incident October 11, 2019 Boris Johnson has said he is “shocked” by the stabbings in Manchester, which left four hurt. Counter-terrorism police are currently investigating the incident which took place at a shopping centre in Manchester. Read more: Four dead as knifeman attacks Paris police headquarters A man in his 40s has been arrested on suspicion of serious assault, [...]
EU member states approve the opening of ‘tunnel’ negotiations on Brexit October 11, 2019 EU member states have today given permission for Brexit negotiations to enter a new intensive phase, the so-called tunnel. The tunnel is slang for discussions held in secret between a small group of negotiators to try and ensure that offers and counter offers are not disclosed. Read more: Sterling blasts past $1.26 as EU leaders [...]
Competition watchdog to examine £1.3bn tie-up between Slug and Lettuce-owner Stonegate and pub chain Ei Group October 11, 2019 The Competition and Markets Authority (CMA) today said it was considering whether the £1.3bn merger between Slug and Lettuce-owner Stonegate and pub chain Ei Group would lessen competition. The watchdog invited comments on the deal from any relevant party by 25 October. Read more: Slug and Lettuce owner Stonegate Pub Company to pay £1.3bn for [...]
Sterling blasts past $1.26 as EU leaders welcome Brexit deal progress October 11, 2019 Sterling rose by over one per cent today to smash past $1.26 as EU leaders welcomed signs that the Brexit talks deadlock could finally break. The British pound climbed 1.8 per cent to $1.267 against the dollar as both European Council president Donald Tusk and EU chief negotiator Michel Barnier reacted positively to talks between [...]
Property of the Week: Get moor for your money with this Wandsworth houseboat October 11, 2019 Living on land is quite boring, when you think about it. You’re forever going up and down stairs, you don’t get to wake up to the gentle sound of waves lapping against your bedroom wall, and your house doesn’t have the exciting potential of being able to be moved to another location when you feel [...]
Renault ousts Ghosn ally Thierry Bollore from CEO role as turmoil continues October 11, 2019 French carmaker Renault ousted its chief executive Thierry Bollore today as fallout from the arrest of former boss Carlos Ghosn continues. Bollore, who was widely seen as Ghosn’s right hand man, was promoted to the chief executive role earlier this year. Ghosn is facing charges of financial misconduct in Japan – which he denies. Read [...]
Facebook pays just £28m in UK corporation tax in 2018 after sales worth almost £800m October 11, 2019 Facebook paid just £28m in UK corporation tax in 2018 according to its latest filing at Companies House. This is despite it having recognised sales worth £797m with a gross profit of £763.4m for the year. Read more: OECD targets tech giants as it shakes up global tax rules It is the latest example of [...]
Four tactics buyers must use to beat sellers in London’s housing market October 11, 2019 If you’re looking to buy residential property in London right now, buckle your seatbelt: despite recent doom and gloom headlines, Central London remains a seller’s market. It is true prices have come off about 20 per cent since the 2014 high. It’s also true that the average time a London home spends on the market [...]
Style meets substance in this completely sustainable lounge October 11, 2019 This week, top interior designers from across Europe descended on Kensington Olympia for Decorex, the annual industry show where they go to get their furniture, fabric, lighting and craft inspiration for the next year. The centrepiece of the event is the VIP lounge, which is taken over by a different design team each year with [...]