EU keen to secure Brexit deal, says Stephen Barclay after ‘detailed’ talks September 20, 2019 The EU and the UK have a “shared desire” to clinch an exit deal before 31 October, Brexit secretary Stephen Barclay said today, though Ireland sounded a negative note on today’s talks. Saying that “no-one” wants a no-deal Brexit, Barclay added that the two sides have held “serious detailed discussions” in a bid to reach [...]
Ministers draw up shortlist for £300m post-Brexit ferry contract September 20, 2019 Brittany Ferries, P&O, Stena and Eurotunnel have been shortlisted for a £300m contract to ensure Britain does not run out of medicines and crucial food after Brexit. The government said looking for transport companies that can beef up the UK’s freight capacity ahead of a potential no-deal Brexit. Read more: New £300m no-deal Brexit freight [...]
Netflix boss says The Crown will ‘look like a bargain’ as streaming battle begins September 20, 2019 Netflix chief executive Reed Hastings says the its drama about the British Royal family, ‘The Crown’, will “look like a bargain” as the arrival of streaming rivals Apple, Disney and NBC will push content costs up. The series, which will include 60 episodes over six season, cost a reported £100m to produce. Read more: Netflix [...]
Harriet Harman won’t ‘back down’ in bid to replace Speaker John Bercow September 20, 2019 Labour MP Harriet Harman has refused to “back down” in her bid to become the next House of Commons speaker after her constituency party spoke out against her running for the post. The Camberwell and Peckham constituency party voiced “disquiet” after she threw her hat in the ring to succeed John Bercow, who has said [...]
Big banks shift just 1,000 jobs since Brexit vote, EY reports September 20, 2019 Just 1,000 jobs within the big banks have left the City since Brexit, a new report from EY has found. According to the accountancy giant, among the large investment banks monitored in its tracker under 1,000 jobs have already relocated to the continent. Read more: Worldwide climate strikes set to start The figure represents 15 [...]
The new rental apartments bringing ‘New York loft living’ to North London September 20, 2019 A new building of rental apartments has just launched, with the somewhat bold aim of bringing ‘New York warehouse-style living’ to Wembley. Ferrum, which is located close to Wembley Stadium, comprises 741 studio, one, two and three-bed homes which can be rented directly from the developer, Tipi. On entering the building, it’s clear that the [...]
Let there be light: The top lighting trends from this autumn’s design shows September 20, 2019 Lighting is “one of the most important elements of interior design. It can completely transform the look and feel of a room,” says Martin Waller, who founded the influential British brand Andrew Martin four decades ago. The importance of good, versatile lighting is as true today as it was then, although we have vastly more [...]
Thomas Cook on the brink of collapse: What happens now? September 20, 2019 Thomas Cook could collapse as early as Sunday if it cannot find another £200m to seal a rescue deal. The historic British company said it is in talks to find the extra cash with stakeholders like top shareholder Fosun and lenders. Read more: Thomas Cook’s share price crashes as investors demand another £200m But even [...]
FTSE 100: Stocks muted as investors keep eye on Brexit talks and US-China trade war September 20, 2019 European markets have remained muted this morning as traders keep an eye on US-China relations and Brexit trade talks. European stocks opened quietly this morning, with the FTSE 100 and Dax both starting slightly down. Rolls Royce led the blue-chip fallers as shareholders wobbled over the company’s longer-than-expected problems with its Trent 1000 engines. Read [...]
Thomas Cook share price crashes as lenders demand extra £200m to seal rescue deal September 20, 2019 Thomas Cook’s share price plunged more than 15 per cent in early morning trading after it confirmed lenders are demanding an extra £200m as part of efforts to rescue the world’s oldest holiday company. The embattled travel operator said today that investors want £200m to finalise a restructuring strategy, coming on top of a further [...]