Britain’s economy grows faster than predicted in February April 10, 2019 The UK economy grew by 0.3 per cent in the three months to February, a better-than-expected result as the country counts down to Brexit and faces a weak global economy. Read more: No-deal Brexit could tip UK and EU into recession, IMF says In February Britain’s economy grew by 0.2 per cent, figures released today [...]
Poll: Voters would punish Tories for Brexit delay at European parliamentary elections April 10, 2019 The Tories would be hit hard in European parliamentary elections if they are held in the UK as part of another delay to Brexit, according to a poll released today. Read more: British voters want a rule-breaking leader to reform Westminster Voters would punish the Conservatives for failing to pull the UK out of the [...]
Cross-party Brexit talks abandoned until after EU summit, Downing Street confirm April 9, 2019 The Conservatives and Labour have abandon Brexit talks until Thursday after failing to reach an agreement, just a day before Theresa May asks the EU for another delay to the UK’s withdrawal. Leading MPs from both parties held talks for four hours on Tuesday in an attempt to find a compromise plan which could win [...]
Private equity investment bounces back at the beginning of 2019 April 9, 2019 Private equity investment in UK companies bounced back in the first three months of this year following a slump at the end of 2018, according to the latest data. Total deal value climbed from £6.1bn in the fourth quarter of 2018 to £8.9bn between January and March this year, a £3.9bn increase from the £5bn [...]
Philip Hammond accuses businesses of burying their heads in the sand over no-deal Brexit April 9, 2019 Chancellor Philip Hammond has accused businesses of burying their heads in the sand when it comes to preparing for a no deal Brexit. Speaking just four days before the UK could potentially leave the EU without an agreement, the chancellor warned some firms had adopted an ostrich mentality over the potential outcome of the Brexit [...]
Theresa May asks Angela Merkel for Brexit delay until 30 June in Berlin meeting April 9, 2019 Theresa May has asked Angela Merkel to delay Brexit until 30 June in a face-to-face meeting in Berlin. The Prime Minister made the request ahead of special summit in Brussels on Wednesday, where EU leaders will decide whether to once again extend the Article 50 negotiating period. The EU last month turned down a bid [...]
No-deal Brexit could tip UK and EU into recession, IMF says April 9, 2019 A no-deal Brexit could see both Britain and the EU slide into a two-year recession in a worst-case scenario, the International Monetary Fund (IMF) has said. Read more: IMF director says majority of countries will see growth slow in 2019 The UK economy will grow by less than previously thought even with a deal, the [...]
Post-Brexit customs union would be ‘worst of all worlds’, warns Liam Fox April 9, 2019 Signing up to a customs union post-Brexit would be "the worst of all worlds" and would stop Britain forming its own independent trade policy, Liam Fox has warned. In a letter to Sir Graham Brady, the chair of the backbench 1922 committee, the trade secretary said entering into a customs union with the EU would [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 | City Talk By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]
After Brexit, will Britain remain a land of opportunity? Apprentice star Mark Wright shares his views on startups and the economy April 9, 2019 Winning a reality TV show isn’t normally considered a recipe for success. The stars of such programmes usually end up plastered across the tabloids, followed by performing in a Christmas pantomime somewhere in rural England. But the BBC’s The Apprentice is an altogether different beast. With the backing of business mogul Lord Alan Sugar, the [...]