Tesco denies discriminating against state school children in Edinburgh outlet November 22, 2016 Tesco has been forced to deny that it was discriminating against state school students at one of its outlets in Edinburgh. The supermarket has come under attack for reportedly forcing children from Boroughmuir high school, a state school in the city, to stand behind a barrier and only allow the children inside in small groups. However, [...]
Steel group Severfield sets its sights on 1 Undershaft and Google’s new HQ after posting bumper first-half profits November 22, 2016 Steelmaker Severfield has posted bumper first-half profits for 2016 and set its sights on helping construct City skyscraper 1 Undershaft and the new Google headquarters in the capital. Shares in the structural steel group were up 12 per cent today to 69.79p after Severfield posted a 69 per cent rise in underlying profit before tax, at £8.1m, in the [...]
Boris: Hostility to Trump is against the UK’s national interests November 22, 2016 Foreign secretary Boris Johnson has warned MPs not to be premature in their judgement of President-elect Donald Trump, arguing that attacks on the US "could be damaging to the interests of this country". Speaking in the House of Commons earlier today, Johnson called on MPs to be "as positive as we possibly can be about the [...]
Public sector borrowing: These five charts tell us everything we need to know about the state of the UK’s finances November 22, 2016 Chancellor Philip Hammond got a pleasant surprise from the Office for National Statistics today, after figures showed the UK's public borrowing has actually fallen. But it's likely this is a temporary respite for the UK's borrowing, which is expected to rise this year. These five charts put today's borrowing figures in perspective: Read more: The [...]
Snapped up: Healthy drinks company Bai has been acquired by Dr Pepper Snapple to meet demand for nutritious beverages November 22, 2016 Growing consumer demand for healthier beverages has persuaded Dr Pepper Snapple Group (DPS) to buy Bai Brands LLC, an antioxidant beverage maker for $1.7bn (£1.4bn) in cash. Bai is a fast-growing beverage brand that presents Dr Pepper Snapple (DPS) with a strong platform on which to grow "better-for-you beverages", including enhanced water, carbonated flavoured water, coconut water [...]
Britain’s insurers pay-out huge numbers to settle claims November 22, 2016 Britain's insurers are writing cheques for a whopping £131m a day according to one of the sector's main industry bodies. The Association of British Insurers (ABI) revealed the news today and while a large proportion of pay-outs are related to long-term savings and pensions, paying out for motoring claims represent a hefty chunk of what insurers must fork-out. Read [...]
The EU parliament’s Brexit negotiator has warned that talks must close by the middle of 2019 November 22, 2016 The European Parliament's lead negotiators for Brexit talks has warned that discussions with the UK must conclude ahead of MEP election in mid-2019. Speaking after a meeting with UK Brexit secretary David Davis, Guy Verhofstadt said officials had just less than a year and a half to reach a deal if, as expected, Prime Minister [...]
Donald Trump has tweeted that Nigel Farage would do a “great job” as US ambassador, but Downing Street says: we’ve got one already, and he’s excellent November 22, 2016 President-elect Donald Trump has said that the UK's Nigel Farage would make an excellent ambassador to the US, but Downing Street has hit back saying there is "no vacancy". In a tweet overnight, Trump said: Many people would like to see @Nigel_Farage represent Great Britain as their Ambassador to the United States. He would do a [...]
Manufacturers did better than expected in November, despite Brexit fears November 22, 2016 Manufacturers have posted their best month for orders since before the UK's vote to quit the European Union, beating economist expectations, and confounding Brexit slowdown fears. Optimism for coming months also increased with expectations for production over the next quarter reaching their highest level since February 2015. For November, manufacturing order books improved but export order books and output [...]
Property transactions fell eight per cent in October November 22, 2016 Property transactions fell eight per cent year-on-year in October, according to figures from HM Revenue and Customs (HMRC). Read more: London's house prices won't rebound until 2020, according to JLL When accounting for seasonal changes in property sales, the number of residential property transactions in October came to 97,640, as compared to 106,120 in the [...]