Tory whip quits as Theresa May begins Brexit talks with ‘Marxist’ Corbyn April 3, 2019 A Tory has resigned the whip this morning after Theresa May committed to working with Labour leader Jeremy Corbyn to deliver Brexit. Read more: Pound rises on May-Corbyn Brexit talks MP Nigel Adams has quit his position in the government’s Whips Office, accusing May of being on course to failing to deliver Brexit and failing [...]
If there is something fishy about online influencers, why do we take the bait? April 3, 2019 Social media influencer, Yovana Mendoza, provided an amusing diversion from Brexit last week. The 20-something vlogger built a very lucrative personal brand around veganism. She amassed over 3m followers on YouTube and Instagram by advocating a raw vegan diet and 25-day water fasts. All seemed to be going well until a competitor observed and filmed [...]
Pound rises on May-Corbyn Brexit talks April 3, 2019 The pound rose to $1.3184 this morning after the announcement last night by Prime Minister Theresa May that she would work with Labour leader Jeremy Corbyn over Brexit. The pound, which rose sharply on the news, had fallen as low as $1.2997 in the past week. Talks between May and Corbyn could start as early [...]
Photo-Me issues profit warning as Brexit uncertainty takes its toll on orders April 3, 2019 Photobooth firm Photo-Me has warned its full-year profit will be lower than expected due to a slowdown in consumer activity amid Brexit uncertainty. The firm said it expects to snap up a pre-tax profit of £42m for the year to the end of April, slightly below its previous guidance of £44m, sending its shares down [...]
The European Union is on the backfoot, but few seem to notice April 2, 2019 There is a very bad habit that many of our broadcasters have of focusing on what might befall us. It reminds me of Frankie Howerd in Up Pompeii bemoaning “woe is me, woe is me” – as if he might warn his master against leaving the Empire without a deal. It would be refreshing were there [...]
Brexiter fury as Theresa May seeks deal with Labour on EU withdrawal April 2, 2019 Theresa May has ignited a furious war with her own party as she announced a plan to work with Labour leader Jeremy Corbyn to deliver a soft Brexit. Conservative MPs claimed she had “handed control to a man who is not fit to run a whelk stall" as she called for talks with Corbyn to strike [...]
Emmanuel Macron: EU will not be held hostage by Brexit crisis April 2, 2019 French president Emmanuel Macron has warned the UK the EU will not be held “hostage” over the continuing Brexit stalemate. Speaking in Paris, Macron repeated the conclusions of the last EU summit that if the UK cannot present an alternative Brexit strategy by April 12, it will leave the bloc without a deal. Standing alongside [...]
Ford’s British operations hang in the balance as no-deal Brexit looms large April 2, 2019 Ford has delivered the latest warning for the UK car industry after Brexit, saying it has yet to decide on its longer-term plans in Britain. The second-biggest US car maker said this morning it was already spending tens of millions of euros preparing for a possible no-deal scenario, in which case it would have to [...]
Yougov credits US demand as revenue and earnings rise as CEO reveals five-year plan April 2, 2019 London polling firm Yougov saw revenue and profit soar in the six months to the end of January thanks to a growing international market and an increased focus on its custom research services. The figures Revenue rose 18 per cent year on year to £66.5m over the half-year. Adjusted profit before tax grew 28 per cent year on year to [...]
UK M&A slumps in first quarter as Brexit uncertainty lingers April 2, 2019 The value of UK M&A has slumped this quarter as Brexit uncertainty lingers, however, tech deals have grown to the highest year-to-date level in at least 18 years. A total of 27.4bn has been spent on UK assets so far this year, representing a 1.9 per cent decrease compared to the fourth quarter of 2018. [...]