UK awards no-deal Brexit ferry contracts worth £87m October 12, 2019 The government has awarded contracts to several ferry companies to transport medicines in the even of a no-deal Brexit. Brittany Ferries, DFDS, P&O and Stena Line are those in line to deliver supplies from 31 October after being awarded contracts worth £86.6m. Read more: Brexit tunnel talks: What you need to know The contracts will [...]
Brexit tunnel talks: What you need to know October 12, 2019 When Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said there was a “pathway” to a deal last week, people thought this might be the light at the end of a very long Brexit tunnel. Now it turns out we weren’t even in the tunnel at the time – in fact, we’re just [...]
Mastercard and Visa join Paypal and others in abandoning Facebook’s Libra cryptocurrency project October 12, 2019 Mastercard, Visa, eBay and Stripe have all pulled out of Facebook’s cryptocurrency project, Libra. It comes a week Paypal announced they were withdrawing from Libra and is a huge blow to the social network’s plans to launch what it envisioned as a global currency. Read more: Paypal become first firm to drop out of Facebook’s [...]
Collapsed airlines to fly passengers home under new government proposal October 12, 2019 Under a new government proposal, aeroplanes owned by collapsed airlines could be used to repatriate passengers to the UK, instead of being grounded. The proposed legislation comes in the wake of Thomas Cook’s collapse, which required the Civil Aviation Authority to find 150 aircraft and operate almost 700 flights at a total cost of £100m. [...]
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 [...]