HS2 ‘ignored concerns’ about winning bidder for £1.3bn Old Oak Common contract April 21, 2019 HS2 ignored warnings about a contractor’s ability to build a key station before awarding it the £1.3bn tender, according to a High Court claim. HS2 acknowledged a joint venture between Balfour Beatty and Vinci was “severely under-resourced [and] a real risk to the safe and timely completion and handover” of the crucial Old Oak Common station [...]
Britain cannot keep delaying Brexit, says EU commission chief Jean-Claude Juncker April 20, 2019 The European commission president, Jean-Claude Juncker, has called on the UK to "stop wasting time" and insisted Brexit cannot continue to be delayed indefinitely. Britain's departure from the bloc has already been delayed twice, with it first pushed back to April 12, before a decision to extend the delay until October 31 was agreed. Read more: Poll: [...]
Remain would win a second Brexit referendum, poll finds, as Leave voters more likely to have doubts April 18, 2019 A second referendum would see the population resoundingly vote for the UK to remain in the EU, a new poll has found. The latest Comres poll revealed that Remain would now win by 58 per cent to 42 per cent of the vote. Read more: Tusk says he still dreams of UK U-turn on Brexit [...]
Euro falls as data suggests Eurozone economy will grow just one per cent in 2019 April 18, 2019 The euro suffered today as economic data dealt a fresh blow to hopes for the Eurozone economy. Read more: Eurozone construction sector bounces back in February after weak January Germany and France’s manufacturing industries are contracting, a closely-followed index revealed, with both staying lower than the 50 measure representing growth. Overall, both the Eurozone’s leading [...]
No Brexit is now more likely than no-deal Brexit, economists predict April 18, 2019 Britain remaining in the EU is now more likely than a disorderly Brexit, according to a Reuters survey of economists. The poll found that Britain leaving with a free trade deal of some description was still the most likely outcome but Brexit being cancelled jumped above a no-deal scenario into third place in the latest [...]
Mike Ashley among Debenhams shareholders wiped out April 18, 2019 | City Talk By Graeme Evans from interactive investor. One of the most intriguing City soap operas is over for investors as lenders seize control of Debenhams. The fight for survival at Debenhams (LSE:DEB) stores goes on, but for investors the suspension of shares signalled the final act in a grim 13 years of stock market trading. The [...]
Government in email gaffe amid plans for new pornography age checks April 17, 2019 The government was embroiled in a data breach blunder today hours after setting out its own privacy laws over pornography age verification checks. Culture minister Margot James insisted privacy around porn checks will be secure despite a press release regarding the new laws exposing hundreds of email addresses when it was sent out to journalists [...]
Yougov polls points to EU election victory for Farage’s Brexit party April 17, 2019 Nigel Farage's newly formed Brexit party is on course to win next month's contentious EU elections after a new poll put them on 27 per cent of the vote. Read more: Brexit party: Nigel Farage launches new pro-Leave political group A Yougov poll for has put Farage's party in the top spot, five points ahead of Labour and [...]
US and UK M&A deals outpace Europe April 17, 2019 Merger and acquisition (M&A) deals in the UK and US are outpacing the rest of Europe, with activity remaining strong despite a global downturn. Deal volumes reduced by 20 per cent in Europe last year, but only dropped by six per cent in the UK and by 11 per cent in the US. Read more: European [...]
UK house prices: Growth hits seven-year low as London house prices plunge amid Brexit uncertainty April 17, 2019 UK house prices grew at their slowest rate in seven years early in 2019 as London house prices plunged, according to data published today. Read more: London house prices: How Brexit has hit prices in your borough UK properties only grew by 0.6 per cent in February compared to the same month last year, the [...]