Sterling slips after shoppers scale back in September October 20, 2016 The pound has started the day nervously after new figures showed consumer spending is starting to slow and attention to turns to central banks in the Eurozone and the US. Sterling was down 0.2 per cent against the euro at €1.1175, and lost a touch of ground against the US dollar to stand at $1.2267. Retail [...]
Hilary Benn calls for transitional arrangements for the financial services sector after Brexit October 20, 2016 Hilary Benn has said that he will press the government for a plan to ensure that the UK still has access to the single market for the financial services sector. The new chair of the Brexit select committee in parliament, which will scrutinise the government’s approach to leaving the EU, has said he wants the [...]
For what it’s worth, Southern Rail has restored 63 services to its timetable October 20, 2016 Southern Rail, the company currently locked in a battle with unions over who gets to close the doors on its trains, has said it is restoring 63 more services to its ravaged timetable. In a statement today the company said its West London Line timetable will go back to full capacity on Monday, while it [...]
Tesco executives to go on trial in September next year October 20, 2016 Three former Tesco executives have appeared in court today on fraud charges and a trial date has been set for September next year. Former finance director for Tesco UK Carl Rogberg, 49, ex-UK managing director Christopher Bush, 50, and ex-commercial director for food John Scouler, 48, have been charged with one count of fraud by abuse [...]
BBA chief calls for clarity for banks on Brexit to prevent “worst case scenario” planning October 20, 2016 The head of a leading City trade group has called on government to provide more clarity on its Brexit thinking for the sake of the future of the banking sector. Speaking at the British Bankers' Association's International Banking Conference, chief executive Anthony Browne said "banks need as much clarity as possible" so they could carry out plans [...]
MPs to get a symbolic vote on whether to strip Sir Philip Green of his knighthood October 20, 2016 MPs will get a symbolic vote today on whether to strip Sir Philip Green of his knighthood. An amendment by Conservative MP Richard Fuller has been accepted by the Speaker of the House of Commons, which means MPs will get a vote, but it will not be binding. The backbencher called for today's debate in parliament on [...]
David Cameron’s top adviser explains why Remain lost the EU referendum October 20, 2016 Two decades of attacks on the European Union, a convoluted reform process, botched campaigning techniques and a failure to answer basic questions on immigration cost David Cameron the referendum – so says the former Prime Minister's top aide. Daniel Korski, who was deputy director of the highly influential Number 10 policy unit and was one of Cameron's most [...]
Watch: Tesla’s self-driving cars revealed in video shared by Elon Musk October 20, 2016 All Tesla cars will have the capacity to drive themselves, company boss Elon Musk has revealed in a highly anticipated announcement which the entrepreneur had teased in tweets. All models, including the Model 3 and and Model X, will now be fitted with hardware that will make it possible to drive without human control. However, that [...]
Aim-listed diamond miner Botswana Diamonds just turned RNS into a geography lesson October 20, 2016 NULL
Heathrow praises PM’s “leadership” in airport expansion decision October 20, 2016 Heathrow airport announced steady earnings growth this morning and took the opportunity to butter-up the Prime Minister in advance of a government announcement on Britain's airport expansion. The numbers Revenue for the nine months to September 2016 nudged up by 1.2 per cent compared to the previous year. It stood at £2.1bn and earnings (Ebitda) were £1.3bn, [...]