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 [...]
No Brexit is more likely than a no-deal Brexit, Theresa May warns on eve of parliament’s crunch vote January 14, 2019 Prime Minister Theresa May is set to warn MPs today that no Brexit at all is the most likely outcome if parliament blocks her EU exit agreement tomorrow. May is expected to urge lawmakers to back her deal in tomorrow’s crunch parliamentary vote in order to secure Brexit, saying a no-deal Brexit is less likely [...]
Britain’s economic hopes rest not on productivity, but happiness January 14, 2019 They were the best of times, they were the worst of times. Thank you, Dickens, for words that capture the daily diet of our much-divided Britain. Happiness seems to be much on our minds, mainly because it seems so difficult to attain and then maintain. Next week we face Blue Monday, allegedly the most depressing [...]
UK received more Chinese investment than any other country in the Western world last year despite sharp drop January 14, 2019 The UK received more Chinese investment than any other country in Europe and North America last year despite a sharp drop on the previous year. Chinese investment in the UK fell 76 per cent to $4.94bn (£3.84m) in 2018, according to research from law firm Baker McKenzie. The drop was largely due to the absence [...]