UK retail sales grow as consumers shrug off Brexit worries March 21, 2019 British retail sales showed strong growth last month compared to a year before, in a sign that consumers remain unaffected by the Brexit impasse. The quantity of goods UK shoppers bought increased by 0.4 per cent in February compared to January, with strong growth in non-store retailing and fuel, figures released today by the Office [...]
Sports Direct reissues its demand for Mike Ashley to be given a top job at Debenhams March 21, 2019 Sports Direct has today requested a general meeting of Debenhams to eject the board and give Mike Ashley an executive role at the struggling retailer. The requisition replaces an earlier demand which was invalid because Sports Direct was holdings its shares at that period through a third party nominee. Read more: Debenhams pressure mounts amid [...]
Which workplace perks are the most popular among employees? March 21, 2019 As workplace perks and office wellbeing become increasingly important to employees, businesses are starting to take note. But now a study by employee experience platform Perkbox has revealed which benefits are most popular among workers looking for a little bit more from their job. Read more: No more ties in the office? Suit yourself Taking the [...]
German chancellor Angela Merkel says Brexit delay possible if MPs support May’s deal March 21, 2019 German chancellor Angela Merkel said today that the EU could green light a short delay to Brexit, but only if MPs back the Prime Minister’s withdrawal agreement in a vote next week. Read more: Donald Tusk: Brexit delay only if MPs pass May's deal However, a third successive rejection to Theresa May’s Brexit deal might [...]
Government borrowing falls to fresh 17-year low as income tax revenue grows by £3bn March 21, 2019 Government borrowing has fallen to a fresh 17-year low so far this financial year as the UK's strong labour market saw income tax revenue increase by £3bn. Public sector borrowing from April 2018 to February was £23.1bn, the lowest year-to-date borrowing since 2001 and £18bn less than the previous year, according to the Office for National [...]
Openreach calls on providers to set plan for full-fibre rollout March 21, 2019 Telecoms giant Openreach has launched a consultation to agree a plan for retiring the UK’s copper lines as it looks to begin the rollout of a new full-fibre network. Openreach is seeking opinions from broadband and telephone providers such as BT, Talktalk and Sky on how customers can be upgraded from existing copper connections to [...]
Hooked on a book, podcast or TV show? Here’s how the story changes you March 21, 2019 | City Talk Every holiday season, you have new worlds at your fingertips. Reading books, listening to podcasts, and watching films and TV shows can help you break away from the frenzy of everyday life, and journey into other possible worlds. As with any kind of travel, the journey affects you. The degree to which you become engaged [...]
Profit dips at Shore Capital ahead of its purchase of Stockdale Securities March 21, 2019 Profit dipped at corporate finance firm Shore Capital in 2018, in a year of rocky capital markets. Read more: Shore Capital snaps up Stockdale Securities to create broking powerhouse The figures The Aim-listed business said profit fell 11.1 per cent to £4.1m, which it blamed on increased investments. Revenue increased 3.4 per cent to £43.3m and its [...]
How field marshal May can get out of the Brexit trenches March 21, 2019 The name of field marshal Douglas Haig, commander-in-chief of the British Expeditionary Force from 1915-18, is not one that usually trips off the tongue in connection with Brexit. But with the whole Brexit process having become mired in Flanders-type mud, and increasingly settling into First World War style trench warfare, he would seem a most apposite [...]
If Theresa May’s withdrawal deal passes, it will haunt the Tories forever March 21, 2019 Thank you John Bercow. I’m sure that the speaker had his own reasons for announcing that Theresa May cannot just keep bringing back the same motion to parliament so she can browbeat, blackmail and bribe her backbench MPs into supporting the abomination that is her withdrawal agreement. I’m sure he is hoping that, in whittling [...]