FTSE 100 Live: BT-Verizon deal; Stocks wobble as US and Iran renew talks; Burnham lays out plans for government
Global stock markets stumble into New Year as investors spooked by economic fears in China and US January 2, 2019 Stock markets staged a recovery this afternoon after economic fears continued to weigh on both the FTSE and Wall Street into 2019 after they recorded 10-year lows in 2018. The FTSE 100 recovered to close 0.04 per cent down after an initial 1.8 per cent fall, and Wall Street also rallied after tumbling as it opened, spooked [...]
Theresa May will ‘find a way’ to get her Brexit deal through parliament, says Jeremy Hunt January 2, 2019 Theresa May will "find a way" to get her Brexit deal through parliament, foreign secretary Jeremy Hunt has said. In Singapore today the foreign secretary said May would be able to get her deal through the Commons once she has come back with "reassurances" from the EU on the Irish backstop that has prevented many MPs from [...]
Chris Grayling defends decision to award £13.8m Brexit ferries contract to firm with no ships January 2, 2019 Transport secretary Chris Grayling has defended the controversial decision to award a £13m contract to a firm that has never run ships in the event of a no-deal Brexit. Grayling has come under fire for awarding Seaborne Freight the £13.8m contract after it emerged it has never run ferries before. Speaking to the BBC, Grayling said: [...]
Brexit stockpiling helps UK manufacturing hit six-month high January 2, 2019 Manufacturers are in an “edgy mood” despite Brexit stockpiling and other preparations pushing the sector to a six-month high amid concerns of a global slowdown, according to a closely followed measure of industry activity. Businesses stockpiling raw materials and goods at near-record rates to mitigate supply chain disruptions as Britain leaves the EU accounted for [...]
FTSE 100: These are the biggest winners and losers of 2018 January 2, 2019 THE UK market felt the impact of Brexit last year as politicians scrambled to reach a deal on Britain’s fast approaching departure from the European Union. With a vote on Theresa May’s heavily criticised deal not expected until mid-January, and as the government pumps billions into planning for a no-deal Brexit scenario, it seems unlikely [...]
Theresa May still has ‘more work to do’ to secure Brexit deal with EU December 31, 2018 A spokesperson for the Prime Minister has said Theresa May still has "more work to do" in order to secure assurances on the UK's exit from the European Union before the next parliamentary debate. May is said to have spoken to EU leaders over the Christmas period about reassurances on the deal, particularly on the so-called [...]
FTSE 100 ends its worst year since the financial crash in the red December 31, 2018 The UK's FTSE 100 blue-chip index ended its worst year since the 2008 financial crisis in the red, as a strong pound pulled down exporter shares. The FTSE 100 lost 0.1 per cent in trading on the last day of 2018, while the FTSE 250 added 0.2 per cent after a rally on Friday when they both closed [...]
Donald Trump set to visit the UK for the second time in May December 31, 2018 US President Donald Trump may visit the UK for a second time in May next year, as part of a rescheduled state visit with Theresa May to coincide with 100 years since the end of the Second World War. Woody Johnson, US ambassador to the UK, told the BBC today that the centenary commemoration "would be [...]
UK house prices 2019: What experts say will happen after Brexit December 31, 2018 Has there ever been a more difficult time to predict the future of UK house prices? Political uncertainty looms large over the UK’s property market, but experts have nonetheless given their expectations for the year to come. Bank of England governor Mark Carney showed how dangerous the numbers game can be in November, when he had [...]
Brits seeking post-Brexit Irish passports spikes 22 per cent in 2018 December 31, 2018 The number of Brits applying for an Irish passport soared 22 per cent in the last year, at more than double the amount of annual applications than before the 2016 Brexit referendum. Almost 100,000 eligible applicants from the UK sought a way to retain their EU membership in 2018, according to figures released today by Ireland's [...]