Boris Johnson flies into Brexit storm after Supreme Court rules prorogation ‘unlawful’ September 25, 2019 Boris Johnson cut his New York trip short, flying back to the UK overnight amid an unprecedented constitutional crisis following yesterday’s Supreme Court ruling. The Prime Minister insisted he “strongly disagrees” with the judgement that prorogation was “unlawful, void and of no effect”, and reiterated his commitment to leave the EU by 31 October. But [...]
Hornby wants to build a Brexit model train that doesn’t work September 25, 2019 Toy train maker Hornby has said it regrets “not producing a Brexit-themed model” in a trading update issued to investors ahead of its AGM later today. “We regret not producing a Brexit themed model. Our new grasp of social media has shown us that people are passionate about sharing their views on the topic,” Hornby [...]
International growth boosts Boohoo profit September 25, 2019 Boohoo revenue and profit soared in the first half of the year driven by strong international growth at the fast fashion brand. The figures Revenue soared 43 per cent from £395.3m in the first half of 2018 to £564.9m in the first six months of this year. The company’s revenue was more than £1bn over [...]
EDF warns Hinkley Point may overshoot budget by £3bn September 25, 2019 Britain’s signature new nuclear plant could cost up to £2.9bn more than expected, EDF warned today as it signalled that the chance of a delay to the project has increased. The French energy giant said that the new price for Hinkley Point C is estimated at between £21.5bn and £22.5bn, an increase of £1.9bn to [...]
Passenger growth at Southend airport helps Stobart Group make ‘considerable progress’ September 25, 2019 Stobart Group has said it is trading in line with expectations and has made ‘considerable progress’ during the first half of the year. The aviation, energy and civil engineering group suffered a bruising boardroom battle last year, resulting in the ousting of former boss Andrew Tinkler. Read more: Eddie Stobart confirms takeover interest from Andrew [...]
‘As expected’ at Babcock as firm looks to new frigate contract for boost September 25, 2019 Babcock reiterated its expectations for the financial year after a half where its zenith was winning a £1.25bn contract to build new warships for the navy. The firm’s marine sector performed well, Babcock said, as its warship support business revved up. Meanwhile the order book filled up in its technology business. Read more: Defence industry [...]
Trump turns Twitter fire on Democrats as impeachment inquiry opens September 25, 2019 US President Donald Trump launched a frenzied Twitter attack on Democrats overnight as the party launched an official impeachment inquiry over allegations that he pressurised a foreign power to hurt rival Joe Biden. “The actions taken to date by the President have seriously violated the Constitution,” Democrat speaker of the House Nancy Pelosi said last [...]
Sainsbury’s plans local supermarket expansion as it quits mortgage market September 25, 2019 Around 110 new Sainsbury’s Local stores will open up across the country, the supermarket announced today as it closed a swathe of stores and pulled out of the mortgage market. Weeks after reports emerged of a major shake up at Sainsbury’s Bank, the store confirmed that it would immediately stop new mortgage sales. It is [...]
Death of a sales tradition: Tomorrow’s sellers can’t rely on the gift of the gab September 25, 2019 Over the course of the last decade, the art of selling has undergone a radical transformation. A key factor in this has been a shift in the buyer-seller dynamic. Buyers are changing substantially faster than sellers, with younger generations increasingly self-educating – a CSO Insights study found that 70 per cent of them now fully [...]
We should celebrate the glory of Britain’s unwritten constitution September 25, 2019 For most of the Cold War, there sat in a safe in Whitehall a 16-chapter document. It was a game plan for when the bombs started falling. In four minutes, as the warning sirens wailed, the United Kingdom would be turned from a constitutional monarchy to 12 regional mini-kingdoms. Each would be overseen by a [...]