London tourism industry pivots to long-haul markets in the face of Brexit March 24, 2019 Buckingham Palace, Big Ben, the royal family: London is blessed with renowned attractions wrapped in tradition and heritage most cities can only dream of. But with Brexit looming, the UK tourism industry, which supports more than one tenth of the country’s jobs, has hit turbulence. Almost every industry representative I spoke with used the [...]
Majority of businesses not budgeting for increased recruitment costs after Brexit March 24, 2019 More than three-quarters of UK businesses have put no additional funds in place to meet the costs of international recruitment following Brexit. As many as 26 per cent of businesses have already recruited fewer workers from the EU since March 2017, according to research by law firm Shakespeare Martineau. Read more: Time for a migration policy [...]
Thousands join Brexit march calling for second EU referendum March 23, 2019 Demonstrators have gathered in central London as thousands take part in the People's Vote march calling for a second EU referendum. The march, which began at 12pm, will see people walk from Park Lane to Parliament Square before culminating in a rally in front of Parliament. It comes as MPs continue to search of a way out of [...]
Theresa May could pull third Brexit deal vote if it lacks support March 23, 2019 Prime Minister Theresa May has told MPs she will not hold a third vote on her Brexit deal next week if she thinks it will not pass. This would mean that, just as if it had been rejected again, there will be a new deadline of April 12 for the UK to set out a new plan [...]
Brexit march London 2019: Londoners warned to avoid key Tube stations March 22, 2019 Transport for London (TfL) has warned commuters to avoid 13 key Tube stations across the capital ahead of tomorrow's People's Vote Brexit march. Londoners were warned to expect "extremely busy" stations and London Underground during Saturday's Put it to the People march, which hundreds of thousands of protesters are expected to take part in. Read more: Tusk says 'anything possible' [...]
Donald Tusk says ‘anything could be possible’ after EU agrees Brexit delay March 22, 2019 European Council president Donald Tusk said the extension of Article 50 agreed last night at the EU summit in Brussels meant any Brexit outcome was possible. Tusk told a press conference on the second day of the summit that the delay of the Brexit date until 12 April meant "anything could be possible: a deal, [...]
Business groups call on Theresa May to use Article 50 extension to avoid no-deal Brexit March 22, 2019 Business groups have called for Prime Minister Theresa May to use to the extension of Article 50 agreed last night to avoid a no-deal Brexit. EU leaders last night agreed to push the Brexit deadline back to 12 April from the previous date of 29 March. Read more: Goldman Sachs says no-deal Brexit has become [...]
Wetherspoon shares swing wildly as profit plunges March 22, 2019 | City Talk Five times the shares failed to make a break above 1,340p stick. Is it sixth time lucky for Wetherspoon? Alongside the usual diatribe against the Brexit process and the tax disparity with supermarkets, pub chain JD Wetherspoon (LSE:JDW) has fallen foul of higher costs, especially with regards to labour. This has impacted the bottom line [...]
Euro drops as Eurozone manufacturing activity hits six-year low March 22, 2019 The Eurozone’s economy lost momentum again in March as Germany and France's manufacturing sectors struggled to overcome global headwinds, according to a closely-followed indicator. Read more: Wages up across Europe despite gloomy economic climate Manufacturers across the economic area suffered their steepest downturn in seven years this month, the IHS Markit Eurozone composite purchasing managers’ index [...]
No-deal Brexit could cause another chicken shortage, warns KFC boss March 22, 2019 KFC could suffer another chicken shortage if the UK crashes out of the EU without a deal, the fast food chain’s boss has warned. KFC UK and Ireland managing director Paula MacKenzie told the BBC the supply chain is the “lifeblood of the business” and warned a no-deal Brexit could lead to further shortages. Read [...]