Hong Kong leader suspends extradition bill after mass protests June 15, 2019 Hong Kong leader Carrie Lam has indefinitely delayed a controversial extradition bill following mass protests. The proposed law, allowing extraditions to mainland China, were met with Hong Kong’s biggest street protests in decades. Read more: MPs urge China to respect Hong Kong freedoms after protests turn violent Earlier this week, police fired tear gas and [...]
Marketers threaten to cut social media spend unless tech giants crack down on online harm June 14, 2019 Social media firms risk losing advertising revenue from UK businesses unless they do more to protect users on their platforms, marketers have warned. The Chartered Institute of Marketing (CIM) said businesses needed to “carefully consider” whether they should continue to advertise on social media sites due to the failure to remove harmful material. Read more: [...]
Boris Johnson shirks Channel 4 TV debate but is ‘more than happy’ to appear on BBC version June 14, 2019 Boris Johnson has said he will not attend Channel 4’s TV debate on Sunday, despite pressure from other candidates in the race to replace Theresa May as Prime Minister. The former foreign secretary has, however, confirmed that he will take part in the BBC’s debate on Tuesday night. Read more: You’re hired: Lord Sugar backs [...]
Kier shares plunge on housebuilding unit sale reports June 14, 2019 Shares in construction company Kier plunged more than 30 per cent today following reports that the outsourcer is preparing to sell its housebuilding unit. Shares fell from 205p to 136.28p after it emerged that the embattled firm has been in talks with advisors over selling the business. Read more: Kier shares rally after plummeting on [...]
Julian Assange extradition hearing set for February 2020 June 14, 2019 A full hearing to decide whether Wikileaks co-founder Julian Assange should be extradited to the US on spying charges had been set for February next year, a London court has ruled. Australian-born Assange faces 18 counts in the US, including conspiring to hack government computers and violating espionage law. He denies the charges. Read more: [...]
Morrisons and Amazon: Retail’s newest BFFs June 14, 2019 | City Talk By Graeme Evans from interactive investor. Extending its relationship with the world’s biggest retailer is shrewd business by Morrisons’ CEO. The quiet revolution at Morrisons (LSE:MRW) under chief executive David Potts continues to impress after the supermarket chain extended its partnership with online giant Amazon (NASDAQ:AMZN). Whereas its rivals have looked to grow through consolidation – with Tesco (LSE:TSCO) buying Booker and Sainsbury’s (LSE:SBRY) trying to [...]
You’re hired: Lord Sugar backs Boris Johnson to be next PM June 14, 2019 Lord Sugar has thrown his weight behind Boris Johnson to be the next Prime Minister, saying he can “stop Jeremy Corbyn from being PM”. Johnson is already guaranteed in a place in the run off between the final two candidates after he secured 114 votes in the first round. Read more: Boris Johnson says ‘long [...]
Shell Energy to pay £390,000 after overcharging customers June 14, 2019 Shell Energy Retail has had to pay £390,000 in compensation and refunds after overcharging 12,000 customers. The utility company overcharged the customers on its default tarrifs after the energy price cap was introduced at the start of this year. Read more: Sunny markets beckon for London energy supplier bulb The Energy watchdog, Ofgem, made the [...]
China industrial output growth eases to 17-year low as US trade tensions mount June 14, 2019 China’s industrial output growth plunged to a more than 17-year low in May as the world’s second biggest economy continued to be hit by trade tensions with the US. Industrial production grew by five per cent in May compared to a year earlier, below forecasts and the weakest growth since the beginning of 2002. Read [...]
Matt Hancock drops out of Conservative leadership race June 14, 2019 Health secretary Matt Hancock has dropped out of the race to lead the Conservative Party and become the next Prime Minister. Hancock, who made it through the first round of voting yesterday with 20 votes, did not say which of his colleagues he would now back for the top job. He came sixth place in [...]