Bottoms up! March 20, 2019 | City Talk If an investor is specifically looking for reasons not to invest, he or she will always find them. Indeed, for one reason or another, it has been said that “now is the most difficult time to invest”, in perpetuity! At present, such reasons are in ample supply – geopolitical concerns, populism, punchy valuations, a lack [...]
Theresa May asks EU to extend Article 50 until 30 June as EU presses for 2020 extension March 20, 2019 Theresa May has asked the EU to delay Brexit by three months to 30 June. The Prime Minister has confirmed that she has asked Brussels to extend Article 50 – the mechanism that allows the UK to leave the EU – for three months rather than to seek a longer extension. Read more: Sterling dips [...]
Labour MP launches last-minute challenge to May’s decision to pursue ‘short’ Brexit delay March 20, 2019 A Labour MP has tabled a last-ditch challenge to Theresa May's decision to seek only a short delay to Brexit. Alison McGovern formally requested an emergency parliamentary debate today on the Prime Minister's plans to extend Brexit. Read more: Prime Minister rules out long Brexit delay It is not clear if her emergency debate motion [...]
UK house price growth hits six-year low as experts warn of ‘Brexit downward spiral’ March 20, 2019 London house prices fell 1.6 per cent in the year to January, official data revealed today, as experts warned a mix of Brexit uncertainty and the death of buy to let are hurting the value of homes. The sharp price drop in the capital's housing market meant overall UK house prices rose just 1.7 per [...]
Sterling dips lower as Theresa May seeks only a short Brexit delay from EU March 20, 2019 Sterling took a hit this morning as it emerged Theresa May has ruled out seeking a long Brexit delay from the EU. Read more: Prime Minister rules out long Brexit delay Downing Street said the Prime Minister will only request a short extension to Article 50, likely to the end of June, as the UK [...]
For once, John Bercow’s egomaniac meddling actually has a point March 20, 2019 John Bercow is a pompous, smug, self-important showman. The only thing he likes more than the sound of his own voice is being in the limelight – and he isn’t afraid to ruffle feathers in his never-ending search for it. He has turned the centuries-old office of the speaker of the House of Commons into [...]
DEBATE: Will the UK’s strong employment landscape be able to withstand the shock of a no-deal Brexit? March 20, 2019 Will the UK’s strong employment landscape be able to withstand the shock of a no-deal Brexit? Lee Biggins, founder and chief executive of CV-Library, says YES. While there’s no guarantee that the jobs boom will last if we came crashing out of the EU, the labour market has stood strong in the face of uncertainty [...]
Brexit: Theresa May will not seek long delay to Article 50 as she asks EU for short extension March 20, 2019 Theresa May will not seek a long Brexit extension when she writes to the EU to seek a delay to Article 50 today, according to reports. Read more: UK must commit to new political 'event' to get Brexit delay, warns Barnier The Prime Minister is set to ask for more time for parliament to back [...]
Watchdog bans payday loan ad encouraging consumers to stockpile for Brexit March 20, 2019 An advert for payday lender Peachy has been banned for using uncertainty around Brexit to encourage consumers to stockpile food. The advert, which appeared in an email from the Manchester-based firm, stated “no one really knows what’s going on with this whole Brexit malarkey” and suggested it was a good idea to have food stockpiled [...]
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 [...]