Chancellor Sajid Javid admits 31 October Brexit deadline ‘can’t be met’ as government tables election vote October 25, 2019 Sajid Javid has admitted that the 31 October Brexit deadline is all but dead. It is the first time the government has publicly accepted it is unlikely the UK will leave the EU before the end of the month, despite Boris Johnson’s “do or die” pledge. The Chancellor said it is likely the EU will [...]
‘Don’t piss people off’: Sir Richard Branson’s advice for Extinction Rebellion is short and sweet October 24, 2019 When Extinction Rebellion hit the headlines this time last year, its leaders can hardly have imagined the movement would gain support from one of the best-known names in global aviation. Indeed, jet fuel is responsible for about 2.5 per cent of global CO2 emissions, and could even guzzle as much as half of the UK’s [...]
Schroders to take charge of Woodford Patient Capital Trust October 24, 2019 Schroders will take charge of the embattled Woodford Patient Capital Trust (WPCT) after former star stockpicker Neil Woodford’s abrupt departure last week. Shares in WPCT surged over 28 per cent in morning trading following the news. Read more: DEBATE: Can Neil Woodford’s reputation ever recover? Woodford’s fall from grace was cemented last week when he [...]
Sir Richard Branson set to launch Virgin Galactic float on Monday October 24, 2019 Sir Richard Branson has announced that he is planning to float his space venture Virgin Galactic on the New York Stock Exchange on Monday. Branson said he hoped to be there to ring the bell himself as his space flight company becomes the first to go public next week. Read more: Boeing invests $20m in [...]
‘Unhappy’ deputy mayors look for Westminster move October 23, 2019 Two deputy mayors of London are seeking a move to parliament amidst claims the pair are unhappy with how Sadiq Khan runs City Hall. Deputy mayor for business Rajesh Agrawal and deputy mayor for housing James Murray have both been shortlisted to represent Labour in Ealing North at the next general election. Read more: Fintech boss [...]
Back to the future: London unveils first fully electric taxi since… 1897 October 23, 2019 A completely electric taxi hit London’s roads today, although the first fully electric vehicle came to the capital more than 100 years ago. The zero emissions Dynamo Taxi, made from a converted Nissan e-NV200 Evalia MPV, was unveiled as a part of the International Clean Air Conference at City Hall. Read more: Electric taxi cab [...]
Regulator denies pressuring administrator to close stricken Woodford fund October 20, 2019 The financial watchdog has hit back at claims it put pressure on administrators to close Neil Woodford’s flagship fund because the scandal surrounding its suspension was undermining confidence in the industry. Link Fund Solutions, which was responsible for overseeing the suspension of the £3bn Equity Income Fund (WEIF), announced on Tuesday that the fund would [...]
Brexit: When will MPs vote on Boris Johnson’s deal? October 19, 2019 Parliament will gather today for its first Saturday sitting in 37 years as MPs meet for a crunch vote on Boris Johnson’s Brexit deal. What time will Parliament sit? The House of Commons will sit at 09:30 BST with the finish time currently unknown. Peers will sit in the House of Lords at 10:00 with [...]
Three charts that show how MPs could vote on Brexit deal October 18, 2019 The House of Commons will sit on a Saturday tomorrow for the first time since the Falklands War, as MPs face a crunch vote on whether to back Boris Johnson’s Brexit deal. The Prime Minister may have got the deal past European Commission president Jean Claude Juncker, but his support in Parliament is on a [...]
Boris Johnson’s deal is on a knife edge as Angela Merkel calls on EU to support Brexit delay October 18, 2019 Angela Merkel is said to have told other EU leaders a Brexit extension would be inevitable should MPs reject Boris Johnson’s withdrawal deal. The German Chancellor told fellow European leaders they could not pretend there would be no extension if the UK requested one, according to reports. Read more: PM Johnson scrambles to save Brexit [...]