Oyster Shed: Jeremy Clarkson’s Hawkstone helps pub chain Young’s to biggest day of takings in 200 years
Richard Branson: Sterling could hit dollar parity in no-deal Brexit July 11, 2019 A no-deal Brexit could cause sterling to crash until it hits parity with the dollar, according to Virgin entrepreneur Sir Richard Branson. Read more: Richard Branson’s Virgin Orbit to test satellite launch rocket Branson warned this would be “devastating” for Virgin brands, which cover rail, air travel, financial services and media, and could lead the [...]
Tom Watson and Sadiq Khan decry Labour ‘antisemitism’ after Panorama probe July 11, 2019 Prominent Labour figures were left aghast last night after a BBC investigation claimed people at the top of the party had minimised complaints of antisemitisim against its members. Deputy leader Tom Watson and London mayor Sadiq Khan were among those who spoke out after the allegations, which implicated general secretary Jennie Formby and communications director [...]
DEBATE: Should ambassadors be political appointments? July 11, 2019 Following Sir Kim Darroch’s resignation, should ambassadors be political appointments? Olivia Utley, deputy editor at TheArticle, says YES. To repair a special relationship which has gone – to put it mildly – a little sour, the new Prime Minister needs to appoint a special kind of ambassador. Sir Kim, who spent most of his career [...]
Woodford lifts block on investors switching from Hargreaves Lansdown July 10, 2019 Investors who found themselves locked into both Neil Woodford’s suspended fund and Hargreaves Lansdown will now be able to switch to a different stockbroker. Thousands of customers were left stranded after Link Fund Solutions, the authorised fund manager, blocked transfers from Hargreaves Lansdown to other platforms. Read more: Woodford investors blocked from switching from Hargreaves [...]
Blue on blue: Three key talking points from the Conservative leadership debate July 10, 2019 It’s that time again. The Tory leadership race is reaching its zenith, and the final two candidates last night took part in the first of several televised Conservative leadership debate head-to-heads as Tories choose the next Prime Minister. Read more: Can Boris Johnson turbocharge the UK economy? In a spirited and at times ill-tempered affair, [...]
Boris Johnson can deliver a bolder economic vision for Britain July 10, 2019 Brexit Britain is at an impasse. Half-in, half-out, with our politics gridlocked, we are now in serious danger of undermining our traditional attractiveness as a magnet for global investment. This week’s quarterly survey of FTSE CFOs by Deloitte shows that 83 per cent expect the UK’s economic prospects to worsen as a result of Brexit [...]
Woodford investors blocked from switching from Hargreaves Lansdown July 9, 2019 Customers that invested in Neil Woodford’s suspended flagship fund through Hargreaves Lansdown have been blocked from switching investment platforms, according to evidence submitted to the Treasury Committee’s inquiry into the scandal. Richard Wilson, chief executive of rival fund supermarket Interactive Investor, said investors had “both hands tied” after Link Fund Solutions, the authorised fund manager, [...]
Donald Trump slams ‘wacky’ UK ambassador and ‘foolish’ Prime Minister July 9, 2019 Donald Trump has branded the UK’s ambassador to the US “wacky” and “stupid” in another highly personal attack on Sir Kim Darroch. Read more: Trump says he won’t talk to UK’s ambassador after email leaks In a series of tweets, the US President also hit out at Theresa May’s “failed Brexit negotiation”, labelling her as [...]
Blast off: Richard Branson’s Virgin Galactic plots public listing July 9, 2019 Space may be the final frontier, but Virgin Galactic is readying itself to overcome a fresh obstacle before launching into the great unknown: a stock market listing. Sir Richard Branson’s space-tourism venture is planning to go public as part of a deal with a special-purpose acquisition company (SPAC). Read more: Fifty years on from the [...]
EU calls for European to replace Lagarde as IMF boss July 8, 2019 Top EU officials have called for a European candidate to replace Christine Lagarde as head of the International Monetary Fund (IMF), with the Netherlands launching a bid to fill the post. The IMF is seeking a replacement for Lagarde, who was nominated by EU leaders last week as the next president of the European Central [...]