Downing Street: Anti-Brexit countries will ‘go to bottom of queue’ in future talks October 8, 2019 Countries that support a delay to Brexit “will go to the bottom of the queue” when negotiating the UK’s future relationship, a source within Downing Street has said. As tensions rise ahead of the weekend – viewed on both sides as a critical point for determining whether a deal can be struck in time – [...]
Easyjet share price dips despite profit on track to hit £430m October 8, 2019 Easyjet today predicted it will hit upper profit guidance of up to £430m for its full year, despite rising costs. The airline said profits would hit between £420m and £430m in profit before tax in a trading update today, just off its £440m upper range prediction. Read more: COO comes in as Easyjet hails ‘robust’ [...]
German factory output bounces back but sector still weak October 8, 2019 German factory output rose unexpectedly in August, suggesting that the expected recession in Europe’s biggest economy in the third quarter may not be as deep as some fear. Read more: Eurozone recession risk ‘very real’ as slowdown infects services sector Industrial output increased 0.3 per cent, up from an upwardly revised fall of 0.4 per [...]
Prime Minister Boris Johnson denounces Extinction Rebellion as ‘uncooperative crusties’ October 8, 2019 Prime Minister Boris Johnson has denounced Extinction Rebellion protesters as “uncooperative crusties” who must leave London’s streets alone. Johnson called on activists to leave their “hemp-smelling bivouacs” and stop blocking key London locations, as demonstrators prepare to dig in for two weeks of protests in the capital. Read more: Map: Where is Extinction Rebellion protesting [...]
World Mental Health Day: How can an app boost your wellbeing? October 8, 2019 This Thursday is World Mental Health Day. Now before you roll your eyes at yet another article discussing the importance of our mental wellbeing, it is worth remembering the massive cost of mental ill-health to society. According to the OECD, the direct and indirect costs of it – such as absences from work and decreased [...]
The Conservative party’s love affair with the City is back on October 8, 2019 Have the Tories fallen back in love with business? In place of lectures from Theresa May about executive pay, this year’s Conservative party conference featured the new Prime Minister exulting on stage about the wonders of “dynamic free-market capitalism”. And on the conference fringe, finger-wagging panels about corporate governance reform were conspicuous by their absence. [...]
Londoners need homes – and a full review of green belt land October 8, 2019 Building more homes is not just common sense, but good business sense too. London needs more homes to keep talent here and to maintain social cohesion and diverse communities. This is not a controversial view. Londoners know that we are in the grip of a housing crisis: a YouGov survey commissioned by London First and [...]
BP and the Royal Shakespeare Company: A drama of misplaced corporate philanthropy October 8, 2019 Last week, the Royal Shakespeare Company (RSC) ended its eight-year sponsorship programme with BP. This was the result of a campaign led by Ella Mann, an ecology student from Oxford, who pleaded with the RSC to end the deal, saying it was clear that the arrangement was “putting a barrier” between young people and the [...]
Government almost matching Labour’s spending pledges, says IFS October 8, 2019 The government is set to break its own spending rules next year, the Institute for Fiscal Studies (IFS) think tank has warned, with its plans now closer in cost to Labour’s 2017 manifesto pledges than its own from that year. Read more: Sajid Javid confirms budget will take place later this year The IFS today [...]
Lack of clarity over AI definition ‘will confuse’ regulators October 8, 2019 The lack of clarity over what technology is classed as artificial intelligence (AI) poses a major challenge to future regulation in the financial services industry, a new report has warned. Read more: UK must adapt to automation or firms will suffer, MPs warn Research by the International Regulatory Strategy Group (IRSG) found that the lack [...]