Greece to receive €1bn from Eurozone as part of post-bailout deal April 5, 2019 Eurozone finance ministers will give a grant of nearly €1bn (£858m) to Greece as part of long-running financial support for the southern state, officials have said. Read more: Eurozone construction growth slows as bloc faces gloomy economy Greece will receive the money after it respected its current commitments to reform, including reducing the burden of [...]
UK house prices drop in March amid Brexit uncertainty after shock rise, says Halifax April 5, 2019 UK house prices grew 2.6 per cent year on year in March, but fell compared to the month before, according to data released today. The value of the average UK home hit £233,181 last month, after growing 1.6 per cent between January to March compared to the three months to the end of December. Read [...]
Carlos Ghosn to be detained for further 10 days of questioning rules Tokyo court April 5, 2019 Former Nissan boss Carlos Ghosn is set to be detained for a further 10 days of questioning after a Tokyo court approved the request by prosecutors on Friday. Ghosn will appeal the decision, his lawyer confirmed, but for now the Toyko District Court has allowed prosecutors to keep him in detention until April 14 after [...]
Poll: Sterling set to rise three per cent if Brexit deal looks likely April 5, 2019 Sterling will jump three per cent if it looks likely the government will secure a Brexit deal, but will drop five per cent if talks fail, according to a Reuters poll. The pound plummeted following the 2016 referendum and has been volatile ever since as the market reacts to every development in the Brexit negotiations. [...]
Prime Minister Theresa May asks EU for Brexit delay until 30 June April 5, 2019 Prime Minister Theresa May has written to Donald Tusk requesting an extension to the Brexit deadline until 30 June. She asked for an option for the UK to withdraw earlier if a deal is agreed, but admitted the delay means the UK may have to take part in the European parliament elections in late May. [...]
WikiLeaks founder Julian Assange to be expelled from Ecuadorian embassy within ‘hours to days’ April 5, 2019 Julian Assange is set to be expelled from the Ecuadorian embassy he has been residing in since 2012 within the next few hours to days, according to WikiLeaks, which quotes a "high level source" within the Ecuador state department. Assange has sought refuge inside the embassy in London since a British judge ruled he should [...]
Google scraps AI ethics board after just a week amid controversy over board member April 5, 2019 Google has scrapped its AI ethics board only a week after forming it following a controversy over its choice of board members. The tech giant last week unveiled its newly-formed Advanced Technology External Advisory Council (ATEAC) to oversee the ethical development and use of its AI research and products. Read more: Here's how much Google [...]
Brexit: Donald Tusk hints EU could back 12-month flexible Article 50 delay April 5, 2019 European Council president Donald Tusk is set to offer the UK a 12-month delay to Brexit, it is reported. Read more: House of Commons sitting suspended due to water leak Tusk would make this a “flexible” extension that allows the UK to quit the EU before the year is up if parliament agrees a deal, [...]
Don’t be fooled, May’s talks with Corbyn merely bide her time April 5, 2019 Very few people believe that the ongoing talks between Theresa May and Jeremy Corbyn will yield a satisfactory solution to the Brexit crisis. The Leader of the Opposition is in a ludicrously powerful position: he can demand exactly what he wants from May, and if she tries to make him shift or compromise, he will [...]
Stop unfairly demonising firms that have large gender pay gaps April 5, 2019 Bad data cannot produce good policy. This gets us to the heart of the problem with the mandated gender pay gap reporting legislation, which is now into its second year. It’s all good and well finding a hook to speak about cultural issues. And no doubt, women are still operating in an unequal world, even [...]