CYBG raises business banking fees to ‘stay competitive’ just weeks after RBS competition fund snub March 19, 2019 Clydesdale and Yorkshire bank owner CYBG has increased its business banking fees to remain “competitive” just weeks after missing out on a share of a £425m RBS competition fund. CYBG was snubbed in favour of three challenger banks, Metro, Starling and ClearBank last month despite investing heavily in its bid. Read more: Three challenger banks [...]
Google announces Stadia game streaming platform March 19, 2019 Google has announced a video game streaming service called Stradia as the tech giant attempts to challenge Sony and Microsoft in the $140bn gaming market. Stadia will allow users to play games on their internet browser without having to download any content or buy a new console, Google announced at the Game Developers Conference in [...]
Mike Ashley’s Sports Direct makes official £139m offer for Findel March 19, 2019 Sports Direct has made an official bid for home shopping firm Findel as it sent out an offer document to shareholders. The company, which is currently the firm’s largest shareholder, has offered to buy the rest of Findel’s stock for 161p per share. Read more: Debenhams pressure mounts amid Sports Direct comments Earlier this month [...]
UK airlines, lorries and bus operators to travel to EU as normal in event of a no-deal Brexit March 19, 2019 UK airlines, lorries and bus operators will be able to travel to the EU as normal in the event of a no-deal Brexit. EU ministers today formally adopted laws that will mean lorries will not need permits for journeys into the EU until the end of 2019. Bus and coach operators that already have permission to [...]
UK needs to commit to new political ‘event’ to get Brexit delay, warns Michel Barnier March 19, 2019 A long delay to Brexit must be linked to a new political event or process, the EU’s chief negotiator has warned. Speaking in Brussels, Michel Barnier set out the reassurances he believes the EU 27 will want from the UK before granting an extension to the negotiating period. Theresa May is set to write to [...]
EU aviation authority says it will not be swayed by US decision on Boeing’s grounded jet March 19, 2019 The EU's ban on the Boeing plane model that crashed in Ethiopia earthier this month will stay in place until it is satisfied with guarantees given by the manufacturer, the head of the bloc’s aviation regulator said today. Patrick Ky, executive director of the European Union Aviation Safety Agency (EASA), said the authority would look [...]
FA Cup to remain on BBC until at least 2025 as broadcaster pens new deal with Football Association March 19, 2019 The BBC will show FA Cup football matches until at least 2025, in a four-year broadcast deal between the broadcaster and the Football Association (FA) announced today. Live matches, highlights and clip rights will remain with the BBC under the terms of the deal, which comes into effect at the start of the 2021-2022 season. [...]
ScS boosts sales as it warns on ‘challenging’ Brexit retail environment March 19, 2019 Furniture and floorings retailer ScS bucked the retail industry's downward trend by boosting revenue with an online sales push and a move towards lower-priced furniture in its half-year results today. The figures Revenue rose 1.1 per cent year on year to £151.4m in the six months to the end of January. Gross sales increased 1.2 percent [...]
Rail review head Keith Williams says government role in industry ‘has to change’ March 19, 2019 The government's role in the UK railways will "have to change" if the industry is to become more customer-focused, the former boss of British Airways has said. Keith Williams, who was appointed to lead a "root and branch" review of the railways following last year's May timetable chaos, hinted that the Department for Transport (DfT) could take [...]
Vote Leave fined £40,000 for sending thousands of unlawful text messages March 19, 2019 Vote Leave has been fined £40,000 for sending out thousands of unlawful text messages in the run up to the 2016 EU referendum. The official pro-Brexit group sent 196,154 unsolicited messages promoting its aims, with most texts containing a link to its website, an investigation by the Information Commissioner’s Office (ICO) found. Read more: Angela [...]