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Brexit

  • Theresa May tells MPs that history is watching ahead of crunch Brexit vote

    January 14, 2019

    Theresa May issued a desperate plea for support for her Brexit deal ahead of an historic vote by MPs on Tuesday evening The embattled Prime Minister warned members across the Commons that the eyes of history were on them as she tried to salvage her deeply unpopular plan for how the UK should leave the EU. [...]

  • Brexit: What happens if Theresa May loses the vote on her deal?

    January 14, 2019

    Theresa May’s Brexit plan looks set to be defeated by a huge margin in parliament on Tuesday. Despite her warnings that voting down the deal could place Brexit itself in jeopardy, scores of anti-EU Tories seem prepared to defeat the government when they march through the voting lobbies. While defeat seems a certainty, what comes [...]

  • Shares in recruitment firm Page Group drop amid macroeconomic uncertainty despite record profits

    January 14, 2019

    Recruitment firm Page Group saw its shares fall by seven per cent today after it said in its annual results statement that Brexit uncertainty has affected the job market.  The FTSE 250 recruiter said that while it had increased its number of fee-earning staff by 561 in the first three quarters of 2018, this slowed [...]

  • Big brands doing big deals show the UK sports sponsorship industry remains in rude health

    January 14, 2019

    January is typically the time to look forward, to forecast and predict what will happen in the coming year. To understand the state of the UK sponsorship industry, however, it’s more worthwhile to look at what happened in the months leading up to Christmas. Rewind to the week after Black Friday in December and big [...]

  • UK advertising sector faces recession in the event of a no-deal Brexit

    January 14, 2019

    The UK advertising sector could suffer its first recession since 2009 in the event of a no-deal Brexit, a new report has warned. Research by Enders Analysis estimates ad spend in 2019 would fall three per cent if the UK leaves the EU without an agreement in place. The decline would be the worst in [...]

  • Tory whip quits ahead of parliament’s crunch vote on Theresa May’s Brexit deal

    January 14, 2019

    A Tory whip has resigned on the eve of a crunch vote on Theresa May’s Brexit deal in parliament. Gareth Johnson tendered his resignation from the Government Whips' Office in a letter to the Prime Minister today, saying it was “possibly the hardest decision I have ever made”. The Dartford MP criticised the so-called Irish [...]

  • Pet vaccine company Dechra reveals ‘strong’ trading as revenues rise

    January 14, 2019

    Veterinary drugmaker Dechra Pharmaceuticals today credited "strong" trading for an 18 per cent rise in revenue in the six months to 31 December. Both European and North American pharma sales grew by 18 per cent over the period, the firm said in the update. The FTSE 250 company added that it expected its Brexit contingency preparations [...]

  • Hermes Investment Management steps up Dublin presence in no-deal Brexit contingency planning

    January 14, 2019

    Hermes Investment Management has stepped up its presence in Ireland to mitigate against the risks posed by Brexit, the company announced today. The City-headquartered firm has set up an Irish management company, saying its mitigation activities have been based on the presumption of a “hard Brexit” without any transitional arrangements. Read more: 60 per cent [...]

  • EU repeats it does not want to use Brexit backstop in letter designed to help May win crunch vote

    January 14, 2019

    EU leaders have released a letter reiterating the so-called backstop plan would only ever be temporary after Brexit, but have refused to reopen negotiations to amend the proposal in the withdrawal deal. European Commission president Jean-Claude Juncker and European Council president Donald Tusk gave the assurances in a letter published a day before MPs vote [...]

  • What3words wants to replace your address with three simple words, but how do you market such a revolutionary idea?

    January 14, 2019

    Erase. Damp. Name. No, I’ve not gone mad due to the latest Brexit drama – these three words make up my exact location as I write this article. This information comes from What3words, a technology startup that’s trying to revolutionise – wait for it – addresses. It has divided up the entire world into a [...]

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