London City Airport braces for Extinction Rebellion shutdown October 8, 2019 Extra police officers will be sent to London City Airport this week to counter an Extinction Rebellion attempt to shut it down. The activist group has revealed it plans to shut down the airport for three days beginning on Thursday. Read more: Extinction Rebellion offshoot occupies Smithfield meat market The shutdown is slated to start [...]
No-deal Brexit would have ‘significant impact’ on UK and EU economies, warns Allianz GI chief October 8, 2019 The UK leaving the European Union without a deal would have a “significant impact” on the economies of both, said head of Allianz Global Investors (AGI) Andreas Utermann. Utermann said a hard Brexit is possible “because the players involved in the discussion seem to be – at least in terms of how they are talking [...]
Cellnex snaps up Arqiva’s telecoms division in £2bn deal October 8, 2019 Spanish infrastructure firm Cellnex has agreed to buy the telecoms division of British rival Arqiva for £2bn, making it the largest independent operator of mobile masts in the UK. The deal will add roughly 7,400 sites to Cellnex’s portfolio, as well as the rights to market roughly 900 additional sites across the UK serving all [...]
Center Parcs owner to mull sale of holiday resort chain October 8, 2019 The owner of Center Parcs UK is preparing to conduct a strategic review of the business with a view to explore a potential sale or stock market listing. Brookfield Property Partners, a subsidiary of Canadian firm Brookfield Asset Management, is preparing to appoint advisors to weigh up options for the UK holiday chain, Sky News [...]
City Moves for 8 October – Who’s switching jobs at Oaknorth, Weil and DMH Stallard October 8, 2019 Today’s City Moves includes Oaknorth, Weil and DMH Stallard Oaknorth Next-generation credit platform Oaknorth has announced the appointment of Sunil Chandra as its new chief executive officer (CEO). Sunil has spent the last 12 years at Google’s headquarters in San Francisco, where he served as vice president of the company. At Google, Sunil scaled the [...]
Donald Tusk slams Johnson over ‘stupid blame game’ October 8, 2019 The European Council president Donald Tusk has hit out at Boris Johnson for trying to win “some stupid blame game” after two antagonistic anonymous briefings up-ended Brexit talks. Last night a senior Downing Street source told The Spectator that any countries blocking the UK’s exit from the EU on 31 October would “go to the [...]
BT scores sponsorship deal with home nations football teams October 8, 2019 BT has signed a five-year deal to sponsor all four home nations teams as it bolsters its marketing ties with English football. The telecoms giant has netted a series of deals to become the exclusive lead partner of all four teams until 2024, while its newly-revamped logo will appear on the teams’ training kits from [...]
Brexit: Government’s latest no-deal planning revealed October 8, 2019 Michael Gove has revealed his latest set of plans for no-deal Brexit planning, just minutes after Downing Street appeared to admit talks had collapsed. The latest report, which government had promised to publish regularly in the run-up to Hallowe’en, sets out plans for a “significant increase” in the number of customs agents at the borders [...]
Recruiter Robert Walters would prefer a no-deal Brexit to more uncertainty as profits sink October 8, 2019 Recruiter Robert Walters’ blamed a “cocktail of confusion” for a profit warning today, as UK revenues dropped 11 per cent on the back of Brexit uncertainty and a darkening global economic outlook. However, chief executive Robert Walters insisted the UK economy is not yet in the doldrums, and said a no-deal Brexit would be better [...]
Retailers brace for tough Christmas trading as confidence slumps October 8, 2019 Retailers are bracing themselves for a challenging Christmas trading period as consumer confidence this autumn slumped to a five-year low. Only 21 per cent of shoppers think they will have more disposable income in the coming year, while 28 per cent expect their amount of extra cash to decrease, marking the lowest autumn sentiment levels [...]