MPs have overwhelmingly backed a motion calling demanding the government publish Brexit plans December 7, 2016 MPs have overwhelmingly backed a motion calling on the government to publish its Brexit plans, while also making clear support for triggering Article 50 early next year. In a vote in the House of Commons, MPs voted by 448 to 75 in favour of Labour's motion calling on the government to reveal information before triggering Article [...]
Metro Bank’s new partnership proves the Post Office’s importance December 7, 2016 One of Britain's newer financial institutions has team up with one of Britain's oldest and revered high street networks. Metro Bank today announced its business customers will be able to use the Post Office's 11,600 branches to deposit cash and cheques as well as obtain change. The tie-up will help the challenger to keep up with increasing [...]
The Kodak Ektra half-asses two things when it should have just whole-assed one thing December 7, 2016 Approximately one hundred years ago, back when it was extremely novel and cool to have a mobile phone with a built-in camera, we would call such contraptions ‘cameraphones’. Nowadays we live in the future and we expect everything we own to have some type of camera embedded in it, but the new Kodak Ektra feels [...]
PlayStation VR review: An affordable entry into the world of virtual reality entertainment December 7, 2016 The PlayStation VR has made a right mess of my living room. Sony’s new headset requires the use of roughly seven thousand bits of cable, which snake and coil around your TV and your console and your neck like rubbery snakes. Truly, I have never felt more at risk of accidental self-strangulation than when reviewing [...]
Some CBI members would be tempted by customs union exit, says Fairbairn December 7, 2016 CBI director general Carolyn Fairbairn has told MPs that leaving the customs union would have “pros and cons” for many of her business group's members, with many tempted by a free hand in trade negotiations. Addressing Parliament's, Brexit select committee, Fairbairn said that while the CBI had not yet taken a view on leaving the [...]
Numis boss glosses over sterling’s demise after posting record revenue growth December 7, 2016 Stockbroker Numis raked in the cash after posting its best ever revenue growth over the last year. Despite 2016's shock events one of Numis’ two co-chief executives said he was feeling positive about next year. “We’re expecting M&A activity to pick up next year, after a relatively flat period,” Ross Mitchinson, co-chief executive, told City A.M., adding, “Brexit [...]
Sony wants to make the next Pokemon Go December 7, 2016 Sony is hoping to mimic the success of rival Nintendo’s Pokemon Go with its announcement of as many as six new smartphone games to be released next year. Starting in April 2017, Sony will release new games made for mobile phones, initially available in Japan and other Asian countries, said Tomoki Kawaguchi, executive director of [...]
Tata and unions agree to rescue plan for the Port Talbot steel works December 7, 2016 Tata Steel has forged an agreement with the UK’s largest steel unions to rescue the Port Talbot steelworks and other sites, throwing a lifeline to 11,000 jobs provided that changes can be made to the British Steel Pension Scheme (BSPS). Senior union representatives met Tata Steel executives yesterday to hammer out the deal, which will [...]
Australia GDP growth goes down under zero for the first time in five years December 7, 2016 Australia’s economy contracted for the first time in more than five years in the third quarter, as investment in housing and by businesses dropped steeply. The quarterly growth rate of Australian gross domestic product (GDP) fell from 0.5 per cent in the second quarter to a contraction of 0.5 per cent from July to September. [...]