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Brexit

  • Britain determined to avoid no-deal Brexit, Jeremy Hunt tells Japanese Prime Minister

    April 15, 2019

    Jeremy Hunt reassured Japanese Prime Minister Shinzo Abe today that the government is determined to avoid crashing out of the European Union without a withdrawal deal. Read more: Jeremy Hunt warns Brexit paralysis could keep Britain in EU On a visit to the Japanese leader’s residence in Tokyo, the foreign secretary said: “We recognise that [...]

  • Profits grow at recruitment consultant Robert Walters in a ‘solid’ first quarter

    April 15, 2019

    Recruiter Robert Walters started the year solidly, growing gross profit by 11 per cent in the first quarter, it said this morning. The global consultant relied on strong growth in Asia to help push up overall figures, increasing gross profit, or net fee income, 12 per cent to £36.4m. In Japan, mainland China, the Philippines, [...]

  • Carr’s Group sees profits slip as it blames Brexit uncertainty and mild weather

    April 15, 2019

    Profits slipped at farming supplies firm Carr’s Group in the first half of its financial year, it revealed today, as it withstood Brexit uncertainty and mild weather to stay on track with full-year expectations. The figures Profit before tax fell 2.6 per cent to £10.3m in the six months to the start of March, compared [...]

  • Passengers take wings at Heathrow as airport sees growth despite Brexit headwinds

    April 15, 2019

    London’s main airport Heathrow showed its 29th consecutive month of record growth in March as passengers headed for Africa and North America helped push up figures. The number of trips made on connections to Africa jumped 5.8 per cent to 304,000, while freight to and from the continent grew 11 per cent as Virgin increased [...]

  • London house prices rise as estate agents predict Brexit delay will spur demand for family homes

    April 15, 2019

    London house prices ticked up this month as sellers raised their expectations as demand from families combined with a Brexit delay for an anticipated spring bounce. Read more: Brexit uncertainty will drag down London house prices over 2019 The average price of new-to-the-market homes saw their largest April rise since 2015, growing 1.1 per cent [...]

  • What’s next for Europe’s capital markets?

    April 15, 2019

    There are big questions on the horizon about the next steps for Europe’s financial sector. This topic was at the top of the agenda recently when I was in Romania for the Eurofi regular gathering of European finance ministers, financial services policy makers and industry representatives. As the current EU legislative cycle winds down before [...]

  • Retail and casual dining bounce back in March amid sunny spring weather

    April 15, 2019

    Britain's pubs and restaurants cheered a recovery in trading last month, as warmer weather boosted the nation’s appetite for drinking and eating out. A bounceback from cold, snowy weather last year saw collective like-for-like sales in restaurants and pubs grow by nearly four per cent in March, new data released today by the Coffer Peach [...]

  • Brexit impasse sends UK business confidence plummeting, new surveys show

    April 15, 2019

    The political crisis surrounding Brexit has sapped confidence from some of the UK's biggest and smallest companies alike, as crunch talks between Labour and the Conservatives reach a “delicate stage” this week. Read more: MPs could be forced to choose a Brexit option if talks with Labour fail More than eight in 10 finance chiefs [...]

  • UK dividends jump to first quarter record due to huge one-off payouts

    April 15, 2019

    UK dividends hit record highs in the first three months of the year thanks to huge one-off special payouts from some companies, new analysis has shown. Read more: Ranked: The best-performing assets of 2019 so far Yet underlying growth was weaker than expected from larger and smaller companies alike as a slowing global economy acted [...]

  • Happy holidays, Westminster – Now sort out this utter mess

    April 14, 2019

    City workers may have had little sympathy for MPs complaining of their long hours and stressful jobs in recent weeks. As for the wider public, the fact that politicians have had to postpone their ski trips because of Brexit’s legislative unpredictability is unlikely to generate cries of “poor dears” in the Dog and Duck. Still, [...]

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