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Brexit

  • UK airlines, lorries and bus operators to travel to EU as normal in event of a no-deal Brexit

    March 19, 2019

    UK airlines, lorries and bus operators will be able to travel to the EU as normal in the event of a no-deal Brexit. EU ministers today formally adopted laws that will mean lorries will not need permits for journeys into the EU until the end of 2019. Bus and coach operators that already have permission to [...]

  • UK needs to commit to new political ‘event’ to get Brexit delay, warns Michel Barnier

    March 19, 2019

    A long delay to Brexit must be linked to a new political event or process, the EU’s chief negotiator has warned. Speaking in Brussels, Michel Barnier set out the reassurances he believes the EU 27 will want from the UK before granting an extension to the negotiating period. Theresa May is set to write to [...]

  • ScS boosts sales as it warns on ‘challenging’ Brexit retail environment

    March 19, 2019

    Furniture and floorings retailer ScS bucked the retail industry's downward trend by boosting revenue with an online sales push and a move towards lower-priced furniture in its half-year results today. The figures Revenue rose 1.1 per cent year on year to £151.4m in the six months to the end of January. Gross sales increased 1.2 percent [...]

  • Brexit: With ten days to go, what is going to happen?

    March 19, 2019  |  City Talk

    In a process where the phrase ‘dumpster fire’ is already probably more accurate than anything normally used to describe political process, speaker John Bercow threw a grenade into the mix by refusing to allow a third meaningful vote on Theresa May’s withdrawal agreement. It was a move that surprised many – when we thought the [...]

  • One in five Tube staff report being physically abused, says union

    March 19, 2019

    One in five Tube staff have been physically assaulted by passengers while working, according to the Rail, Maritime and Transport Union (RMT). Read more: Revealed: These are London's most stressful Tube stations The union's survey also found that one in 10 workers reported being sexually harassed by passengers. Three quarters of surveyed staff reported being [...]

  • Angela Merkel: I will fight for Brexit deal until the last minute of 29 March

    March 19, 2019

    Angela Merkel has vowed to fight until the “last minute” of 29 March to secure a Brexit deal as the UK prepares to ask for its departure from the EU to be delayed. The German Chancellor said she was waiting to see the details of Theresa May’s proposals for an extension to the negotiating period, [...]

  • Downing Street confirms Theresa May will ask EU for an extension to Article 50

    March 19, 2019

    Theresa May's spokesperson has confirmed that the Prime Minister will write to Donald Tusk, the president of the European Council, to ask for a delay to Brexit. Last week the lines coming from No 10 was that a short extension to Article 50 – the mechanism that allows the UK to leave the EU – [...]

  • ‘London, please deliver’: EU leaders react to possible Brexit delay following John Bercow ruling

    March 19, 2019

    EU leaders have hit back at the "unacceptable" uncertainty around Brexit stirred by John Bercow's decision to block a third meaningful vote on Theresa May's withdrawal agreement. France's Europe minister Nathalie Loiseau said an extension to Article 50 – the mechanism that allows the UK to leave the EU – without an "objective or strategy" would be [...]

  • Marshalls shares race to record high: What now?

    March 19, 2019  |  City Talk

    Up 78 per cent since we backed them, the shares are still not expensive and the business is in great shape. Marshalls (LSE:MSLH) is an easy company to like. It makes things we all use on a daily basis, and it makes them well. Despite Brexit and a weak construction sector, its concrete paving slabs have [...]

  • Gold, the Federal Reserve, and the dollar – what’s driving up precious metal prices?

    March 19, 2019

    Gold has been making a comeback. After a long period with little activity last year, the precious metal’s value has risen as stock markets have struggled and fallen. Combine the volatility of equities with the increase in geopolitical fears, and many investors are re-evaluating whether to increase the amount of gold in their portfolios. The [...]

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