Mike Pence: The minute the UK is out of the EU, the US is in September 5, 2019 The US Vice President has tonight pledged a free trade deal with the UK “immediately upon the completion of Brexit”, saying Donald Trump stands “shoulder-to-shoulder” with the new Prime Minister. Speaking at a black-tie dinner at Guildhall in the City of London this evening, Mike Pence told business chiefs the country was like a phoenix [...]
PM: I’d rather be dead in a ditch than delay Brexit September 5, 2019 The Prime Minister has said he would rather be “dead in a ditch” than delay Brexit – shortly before a police officer appeared to faint behind him. Boris Johnson, who gave his speech more than an hour later than planned, told assembled journalists in Yorkshire that an extension would cost £1bn a month and be [...]
Wework considers cutting its listing valuation by half September 5, 2019 Wework’s parent company is considering dramatically slashing the valuation it will seek when it sells shares on the public stock market for the first time. Read more: Wework adds woman to board after criticism ahead of listing New York-based the We Company is deliberating seeking a valuation of just over $20bn (£16.2bn), people with knowledge [...]
Shaun Bailey confirms he will increase Tube fares – but says a price hike is already coming September 5, 2019 Tory mayoral candidate Shaun Bailey has confirmed he would put up Tube fares after saying the current mayor of London, Sadiq Khan, would do the same. Bailey, who is looking to replace Khan as London mayor in next year’s election, said a Transport for London (TfL) fare hike was a “done deal”. Read more: Shaun [...]
Salaries for new roles jump despite economic uncertainty September 5, 2019 UK employers ramped up salaries last month as they looked to snap up the best new recruits in a notoriously difficult period for hiring. Read more: Digital sector salaries outstrip UK average but gender pay gap remains Salaries for new roles rose 38 per cent year-on-year in August, according to the latest job market data [...]
Facebook Dating app looks to convert Likes into love September 5, 2019 Has a Facebook Like ever led to love? Almost certainly, but the social network doesn’t want to leave it to chance. Mark Zuckerberg’s tech giant today launched a dating app that will allow its billions of users to Like somebody’s profile if they’re interested – Facebook’s own take on Tinder’s swipe right. Read more: Huge [...]
Minister will make ‘go, no-go’ decision on HS2 in December September 5, 2019 Transport secretary Grant Shapps has he will make a “go, no-go” decision on controversial high-speed rail project HS2 in December after a government-ordered review. Speaking to MPs today Shapps said that the review will look at HS2’s affordability, deliver ability, benefits, scope and phasing. Read more: HS2 needs a radical rethink to give Britain better [...]
Boeing 737 Max: Europe ‘will not accept’ FAA’s safety decision on grounded jet September 5, 2019 Europe’s aviation safety regulator will insist on running its own tests on Boeing’s troubled 737 Max before allowing it to fly again, rather than accepting the verdict of its US counterpart. Read more: Boeing admits sensor malfunctioned on both fatal 737 Max crashes Such a decision from the European Aviation Safety Agency’s (Easa) could dash [...]
British Land files legal challenge against Monsoon Accessorize CVA September 5, 2019 British Land has filed a legal challenge against Monsoon Accessorize’s recently agreed rescue plan, which will see the retailer slash rents across more than half its UK stores. The owner of Sheffield’s Meadowhall shopping centre is aiming to block the retailer’s company voluntary arrangement (CVA) following its approval in July, Sky News reported. Read more: [...]
Competition watchdog suspends legal action against ticket reseller Viagogo September 5, 2019 The competition watchdog has suspended court action against Viagogo, saying the ticket resale site had addressed its concerns about how key information was presented to customers. The Competition and Markets Authority (CMA) had launched legal proceedings against Viagogo for contempt of court after the firm allegedly failed to comply with an earlier court order. Read [...]