The Eurozone is at risk of renewed crisis in 2019 – and this time it’s all about Italy January 29, 2019 After a dismal 2018, December brought further bad news for the Eurozone in the form of the European Commission’s economic sentiment indicator. Despite hopes that last year would see an escape from the ongoing repercussions of the 2011-2013 euro crisis, confidence across sectors has taken a hit, with only retail trade remaining a bright spot. [...]
If Britain looks outward, it will find Nigeria open for business January 29, 2019 As the vote on Theresa May’s withdrawal agreement looms, parliament is at an impasse. The likelihood of a no-deal Brexit is increasing – in Germany, it is now seen as the most probable outcome, while in France, a “hard Brexit” contingency plan has been triggered. Deal or no deal, however, Brexit gives the UK the [...]
‘A farce!’ Tories react to Theresa May’s plan to back a change to her Brexit plan January 28, 2019 Theresa May is set for a showdown with the hard Brexit wing of her party on Tuesday as the war over her withdrawal plan intensifies. The Prime Minister will order her MPs to support a plan calling for the unpopular Irish backstop to be replaced with “alternative arrangements” to avoid a hard border on the island. [...]
Will 2019 be the year gold regains its shine? January 28, 2019 | City Talk Gold had a mixed year in 2018, quickly peaking around $1,366 in January, but falling as low as $1,160 by August. For a while it seemed that the correlation between risk-off appetite and gold prices had broken, with the yellow metal overlooked even in times of heightened uncertainty. But after a 7% recovery since early [...]
Is Yvette Cooper about to take back control of Brexit? Here’s what you need to know January 28, 2019 MPs are set for another vote on Brexit tomorrow, but it’s not quite the make or break moment some are spinning it as. In simple terms, MPs will vote to say whether the Prime Minister came to the Commons within three Parliamentary days of her historic defeat on the Withdrawal Agreement to set out her [...]
UK advertising spend set to slow as Brexit jitters hit brands January 28, 2019 Spending on advertising is set to slow to 4.6 per cent in 2019 as brands tighten the purse strings, with growth expected to fall further if the UK does not secure a Brexit deal. The projected slowdown comes after ad spend grew six per cent to an estimated £23.5bn in 2018, according to figures from [...]
Ocado and Marks & Spencer see shares rise on reports of food delivery partnership January 28, 2019 Shares in Marks & Spencer and Ocado were up this morning following reports the firms are in talks over a possible food delivery partnership. Ocado and Marks & Spencer saw their shares rise five per cent and one per cent respectively in early trading after it emerged the retailer could sign a deal to use [...]
Boris Johnson promises Theresa May ‘full-throated support’ if she beats Brexit backstop with a ‘freedom clause’ January 28, 2019 Boris Johnson today upped the pressure on Prime Minister Theresa May by calling on her to persuade the European Union to ditch the so-called Irish backstop. May’s widely unpopular Brexit deal – the result of two years of negotiations with the EU – was resoundingly rejected by parliament before Christmas, largely over concerns created by [...]
We’re not as stuck as the Brexit blues would have you believe January 28, 2019 IF YOU’RE looking for a meaningful vote of confidence tomorrow, look elsewhere than the sentiments of our 650 MPs. Instead try the 650,000 British businesses registered last year – each one a vote of confidence in the future. But when you’re surrounded by extremes, it’s hard not to get swept away by it all. As [...]
Britain and India are moving towards a bright new future January 28, 2019 The UK’s position on the world stage is about to change forever, but it’s not because of Brexit. In fact, it’s due to a bigger macroeconomic and geopolitical shift: the march of a country that is likely to become one of the world’s future superpowers. A nation with a huge population, an outstanding growth rate, [...]