Italian choir mistakenly sings Franco-era national anthem to the King of Spain May 8, 2019 It must quickly have become apparent to Italy why Spain’s national anthem has no lyrics. Read more: This is what British people want the national anthem to be As the King of Spain Felipe VI and king emeritus Juan Carlos were heralded by a choir of Italian schoolchildren earlier this week, it quickly became apparent [...]
Trump claims China stalled on trade deal in hopes of dealing with Democratic president May 8, 2019 US President Donald Trump has claimed that China was seeking to U-turn on the trade deal struck between the two countries in the hope that it could renegotiate with a Democratic president following the 2020 election. Read more: Global markets in tailspin after Trump threatens huge China tariff rise He also said that China's vice-premier [...]
Trump claims tax revelations detailing historic $1bn losses are ‘fake news hit job’ May 8, 2019 Donald Trump has hit back at reports that he lost more than $1bn dollars between 1985 and 1994, saying the fact he was a real estate developer gave him leeway with his taxes. Read more: The art of the deal: Five things we learned from Trump’s tax returns Responding to the publication of his long-sought [...]
No change to Theresa May’s plan to stay as Prime Minister until Brexit deal passed, Downing Street confirms May 8, 2019 Theresa May will not quit as Prime Minister until the Brexit deal is passed by MPs, Downing Street confirmed today amid growing pressure for her to step down. The Prime Minister told her MPs in March she would resign as party leader once phase one of the Brexit negotiations are completed, leaving her successor to thrash [...]
The art of the deal: Five things we learned from Trump’s tax returns May 8, 2019 Hours after one of Donald Trump’s closest White House allies, Treasury secretary Steve Mnuchin, formally refused the Democrats’ request for the President’s tax returns late on Monday, the cat was out of the bag. Trump’s much-sought after tax returns reveal massive losses throughout the eighties and nineties for the self-styled master of the deal, topping more [...]
Purplebricks beaten black and blue as shares sink again after CEO departure May 8, 2019 Purplebricks’ shares plummeted almost 11 per cent today in the wake of its chief executive’s resignation and admission it has expanded too quickly. Read more: Purplebricks shares drop after founder steps down The online estate agent’s share price dropped 11.9 per cent yesterday to 119p as the news broke that Michael Bruce was stepping down [...]
Global stocks continue downwards trend as poor Chinese data adds to trade fears May 8, 2019 Global stock markets have continued to slide today as investors digested the impending increase of US tariffs on goods from China and weaker-than-expected Chinese exports. Read more: Global markets in tailspin after Trump threatens huge China tariff rise The UK benchmark FTSE 100 had fallen 0.4 per cent to 7,234.96 shortly after midday UK time [...]
Puffed: Imperial Brands shares drop on vaping slowdown May 8, 2019 Shares in cigarette maker Imperial Brands fell more than five per cent today after it announced weaker-than-expected e-cigarette sales. Read more: Imperial Brands boosts revenue as its bets on vaping The company boosted its half-year net revenue 3.8 per cent to £3.6bn and earnings-per-share increase 1.1 per cent to 115.6p, ahead of analysts’ forecasts. However, [...]
UK average broadband speeds rise by a fifth to hit superfast level May 8, 2019 Average broadband speeds in UK households have jumped 20 per cent over the last year, according to new figures from Ofcom. The regulator said average speeds have passed the 50Mbps mark – one of the most commonly-available levels of superfast broadband – for the first time, after an 18 per cent surge to 54.2Mbps. Read [...]
Energy giant SSE set to axe 444 jobs in retail sector covering smart meter installation May 8, 2019 Energy giant SSE has confirmed it will cut 444 jobs for people working in its retail sector, including those who fit smart meters to homes in the UK. SSE today blamed the cuts on "competition increasing, the introduction of the energy price cap and higher operating costs". Read more: SSE talks to Talktalk over £1bn retail unit [...]