Poll: Economists split over Halloween Brexit date May 10, 2019 Economists are divided over whether the UK will leave the EU before the new deadline of 31 October, according to a new poll commissioned by Reuters. Read more: UK economy bounces back, but is growth just a ‘flash in the pan’? While the vast majority of economists polled believed the UK will eventually leave the [...]
Get your Eurovision goggles, it’s time for yet another election May 10, 2019 Two years and 11 months since Britain voted to leave the EU, the country is voting again, on how we’d like to be represented in it while we struggle to work out what leaving actually means. Yes, we found out this week that the Euros are definitely on, despite the best efforts of an embattled [...]
Jeremy Corbyn: Second referendum could heal the UK May 9, 2019 A second referendum on Brexit could provide a “healing process” for the UK, Labour leader Jeremy Corbyn claimed as he launched his party’s European election campaign. Speaking in Kent, Corbyn said a confirmatory vote on any deal agreed with Brussels could help bring the Brexit process to a “conclusion”. Labour’s official party policy is to [...]
Government signs controversial East Midlands franchise contract with Abellio May 9, 2019 The government has gone ahead and signed a controversial contract for the East Midlands franchise with Abellio as the war with Stagecoach over the decision intensifies. The signing has gone ahead after the standstill period – the days following the award decision and its official signing expired at midnight last night. Yesterday Stagecoach's sour relations with [...]
Esther McVey reveals she will stand in the next Tory leadership contest May 9, 2019 Another Conservative MP has joined the race to become the next Prime Minister, with former work and pensions secretary Esther McVey announcing she will stand in the race to succeed Theresa May. McVey, who lost her Wirral West seat in 2015 before being elected as MP for Tatton two years later, revealed this morning that [...]
Five things we learned from BT’s full-year results May 9, 2019 BT today published its eagerly-awaited results for the full-year, as investors kept a keen eye on the telecoms giant’s plan to turn around its ailing fortunes. After growing speculation over the company’s targets for full-fibre broadband and a potential dividend cut for beleaguered shareholders, here are five major takeaways from the results. Read more: BT boosts profits [...]
Number of homes put on market tumbles as survey nears three-year low May 9, 2019 More surveyors reported a drop rather than a rise in new houses being put up for sale last month than in any other poll since June 2016, according to the Royal Institution of Chartered Surveyors (Rics). Read more: London Marathon property prices revealed ahead of this year's race Waning appetite from new buyers and uncertainty [...]
London sees sharpest fall in permanent jobs in almost three years in April, survey shows May 9, 2019 The number of people starting permanent jobs in London fell at its sharpest rate for almost three years in April, new analysis has revealed, in a sign that the capital’s jobs boom may be slowing. Read more: UK employment hits record high as wages grow again Starting salary inflation for permanent positions cooled to a [...]
Theresa May to hold meeting with top Conservative committee over her departure timetable May 8, 2019 Theresa May has agreed to a crunch meeting with a powerful group of Tory MPs who have the authority to change party rules and force her from office. The Conservative leader will address the executive members of the backbench 1922 committee next Wednesday as pressure grows on her to resign from office. She will be [...]
Chris Grayling could be forced to take the stand as Stagecoach launches legal action over franchise snubs May 8, 2019 Beleaguered transport secretary Chris Grayling could be called to the stand to defend the government after Stagecoach formally launched legal action over its decision to disqualify it from three rail franchises. After weeks of tension, Stagecoach formally launched legal action against the Department for Transport (DfT) over its decision to disqualify the firm from the [...]