Sterling tumbles as MPs reject Brexit deal for third time March 29, 2019 The pound dropped sharply today following British MPs' decision to again vote against Prime Minister Theresa May’s Brexit deal at the third time of asking. The pound briefly fell below the $1.30 mark for the first time in over two weeks, hitting $1.299 before rebounding somewhat to $1.303. Read more: MPs reject Theresa May's Brexit [...]
MPs reject Theresa May’s Brexit deal for a third time by 344 votes to 286 March 29, 2019 MPs have rejected Theresa May's Brexit deal by 344 votes to 286. Read more: Asking the people is the only way to end this Brexit nightmare The Prime Minister lost the deal by a majority of 58 votes, narrowing a defeat of 240 votes in January and 149 votes in March as a number of Tories who [...]
Debenhams completes £200m funding round to blow Ashley bid out of the water March 29, 2019 Debenhams completed its £200m refinancing deal this morning, defeating a takeover bid by Sports Direct billionaire Mike Ashley. Read more: Debenhams bondholders back £200m rescue loan in blow to Ashley bid The announcement sent shares up almost 30 per cent as the embattled retailer said shareholders remain in its plans. The move means the department [...]
Theresa May makes last-minute appeal for MPs to back her Brexit deal March 29, 2019 Theresa May has urged the House of Commons to back her Brexit deal in a final appeal as MPs prepare to vote on her withdrawal agreement for a third – and possibly final – time. The Prime Minister has vowed to resign if her Brexit deal is passed, before the next stage of negotiations with [...]
Ranked: How ready are all 33 London boroughs for Sadiq Khan’s Ulez ultra-low emissions zone? March 29, 2019 London mayor Sadiq Khan's Ultra Low Emission Zone (Ulez) will come into force from 8 April in a bid to tackle illegal levels of pollution in the capital. Read more: Travel chaos: London Bridge closed in black cab protest It means cars and vans will need to meet new exhaust emissions standards or else pay a [...]
Growth in key US inflation rate slows in sign of cooling economy March 29, 2019 A key measure of US inflation rose 1.8 per cent in January compared to a year earlier, its slowest rate of growth since February 2018, figures released today showed. Read more: US economic growth unexpectedly slows in final quarter Consumer spending increased by 0.1 per cent in January compared to December, recovering from a 0.6 [...]
Five retail tips for small businesses worried about Brexit March 29, 2019 So much of the political debate over Brexit has focused on the impact on big business. The banks, multinational drug companies, carmakers, and other corporate pressure groups have been leading the conversation. But Brexit also impacts the hundreds of thousands of small businesses that employ most Britons and are the heartbeat of the economy. Read [...]
Editor’s Notes: Amid Brexit chaos, John McDonnell is ready for a Marxist revolution March 29, 2019 Earlier this week, I was talking to a fellow pundit in a broadcaster’s green room. “What are you in for?” I asked. “Brexit, what else?” came the reply. Read more: CBI: Labour nationalisation plans will cause 'profound harm' to economy There followed a convivial conversation about the good old days when we in the media [...]
Dominic Raab becomes latest Brexiter to pledge support for Theresa May’s Brexit deal March 29, 2019 Former Brexit minister Dominic Raab is prepared to back Theresa May’s Brexit deal, he told the Commons today. Raab, who resigned as Brexit minister over the deal, is now set to vote for it later today. Read more: Brexit vote live: EU says passing withdrawal agreement sufficient He said: "We potentially face an even worse [...]
Brexit vote live: European Commission says passing withdrawal agreement sufficient for Brexit to happen March 29, 2019 Welcome to our live blog as Theresa May seeks to get her withdrawal agreement through parliament today – at the third time of asking. Please refresh this page manually for the latest updates Here's what you need to know: The Prime Minister has split up her Brexit deal to increase the chances it is passed [...]