UK export growth nearly slips into contraction due to Brexit and wider economic slowdown March 18, 2019 UK export growth almost slipped into contraction in the first quarter of this year due to Brexit concerns and a global economic slowdown. German export growth also slowed, falling for the fifth consecutive quarter, due to weaker car sales, according to a survey by accountancy firm BDO. Read more: German export confidence slides as last [...]
Eurostar warns customers not to travel due to French custom worker strikes March 17, 2019 Eurostar has warned customers not to travel due to chaos caused by striking French customs workers in Paris. The operator cancelled four trains from Paris to London today will not run a further three services tomorrow, with disruption expected to continue until Wednesday. Read more: Eurostar sees 12 per cent growth in business passenger numbers Customs [...]
Once Brexit is sorted, Theresa May has to go March 17, 2019 Could this be the week that unlocks Brexit? Despite twice having voted down Theresa May’s proposed withdrawal agreement and despite having put on record its absolute opposition to a no-deal Brexit, parliament has failed to coalesce around an alternative proposal. A Norway-style deal, a second referendum, a general election and a significant extension to the [...]
Vote Leave chief urges MPs to back Theresa May’s deal as Brexiters start to turn March 17, 2019 The head of the Vote Leave campaign has urged MPs to swing behind Theresa May’s withdrawal agreement, saying Brexit has “never been at greater risk”. Matthew Elliott, the former chief executive of the official Brexit campaign that had the backing of Michael Gove and Boris Johnson, said the UK’s departure from the European Union “probably won’t [...]
Lyft set to court investors ahead of Wall St float March 17, 2019 Ride-hailing platform Lyft is launch its investor roadshow today, ahead of the company’s upcoming debut on the New York Stock Exchange. The firm is seeking to raise as much as $2bn (£1.5bn) and be valued at more than $20bn, people familiar with the matter told Reuters. Lyft will be meeting with investors across the US [...]
Labour MP Tom Watson calls McDonald’s prize promotion ‘grotesque’ March 17, 2019 A McDonald’s promotion has been criticised by a Labour MP as a “danger to public health” for encouraging customers to buy more fast food to try to win prizes such as burgers, milkshakes and fries. Labour’s deputy leader Tom Watson called the Monopoly promotion at McDonald’s, which begins again on Wednesday, a “grotesque marketing strategy” and [...]
Domino’s Pizza franchisees demand meeting with top boss over profit structure March 17, 2019 Domino's Pizza store owners have upped their onslaught against the food chain's top UK executives, alleging an ongoing row between the two sides is far from over. The Domino's Franchisee Association wrote to the FTSE 250 group last week to warn that suggestions of a resolution in the near future were "extremely misleading", according to the [...]
Rival outsourcers could buy out Interserve services business as Mitie makes inquiries March 17, 2019 Interserve’s uncertainty continued over the weekend as rivals expressed an interest in buying the most profitable part of its business. It is understood fellow outsourcer Mitie contacted Interserve’s administrator EY over the weekend, as well as a consortium of banks and hedge funds which now own the firm, about buying its support services arm. Read [...]
Labour hits back at social media giants over Christchurch attack footage March 17, 2019 Social media firms must be better at reacting quickly to take down live broadcasts, Labour leader Jeremy Corbyn has said today. A gunman attacked two mosques in Christchurch, New Zealand on Friday, killing 50 Muslims. He live-streamed the attack on Facebook for 17 minutes, with footage of the event quickly spreading to other platforms such as [...]
Junk food ads set to be banned on TV and online before 9pm watershed in government crackdown March 17, 2019 Junk food advertisements could be banned from appearing on TV and online before 9pm, as the government today launched a consultation on measures to tackle the UK's growing obesity rate. Currently, ads for foods that are high in fat, salt or sugar are forbidden during broadcasts of TV programmes specifically aimed at children. The consultation by [...]