Transport heads raise concerns over Sadiq Khan’s plans for TfL takeover of Network Rail April 9, 2019 Leading Assembly members have raised concerns over Sadiq Khan’s headline-grabbing plan for Transport for London (TfL) to take over key routes and stations from Network Rail in London. Last month the London mayor said responsibility and funding for key rail assets such as tracks and stations should be transferred to the transport body to plug [...]
Cross-party Brexit talks abandoned until after EU summit, Downing Street confirm April 9, 2019 The Conservatives and Labour have abandon Brexit talks until Thursday after failing to reach an agreement, just a day before Theresa May asks the EU for another delay to the UK’s withdrawal. Leading MPs from both parties held talks for four hours on Tuesday in an attempt to find a compromise plan which could win [...]
Charity watchdog criticised for lack of action against £53.5m Garden Bridge project trustees April 9, 2019 The charity watchdog has been criticised for failing to take action against the people behind the failed Garden Bridge project that cost taxpayers £43m. The Charity Commission’s inquiry into the conduct of the Garden Bridge Trust, whose members included the actor Joanna Lumley and PR tycoon Roland Rudd, found that the botched bridge project across [...]
‘National scandal’: Mike Ashley lashes out as Debenhams falls into clutches of lenders April 9, 2019 Sports Direct owner Mike Ashley has launched a scathing attack on the board of Debenhams this afternoon as the British high street stalwart fell into administration. Read more: Debenhams falls into administration as lenders take over The billionaire called on authorities to reverse the administration process that started today and reiterated his calls for advisers on [...]
Philip Hammond accuses businesses of burying their heads in the sand over no-deal Brexit April 9, 2019 Chancellor Philip Hammond has accused businesses of burying their heads in the sand when it comes to preparing for a no deal Brexit. Speaking just four days before the UK could potentially leave the EU without an agreement, the chancellor warned some firms had adopted an ostrich mentality over the potential outcome of the Brexit [...]
Mueller report into Trump campaign to be released ‘within a week’ April 9, 2019 US attorney general William Barr has said he will be in a position to release the Mueller report to the public within a week. Read more: Mueller just gave Democrats the key to taking down Trump Last month Barr said the special counsel’s investigation into Russian interference in the 2016 presidential election showed that the president [...]
Theresa May asks Angela Merkel for Brexit delay until 30 June in Berlin meeting April 9, 2019 Theresa May has asked Angela Merkel to delay Brexit until 30 June in a face-to-face meeting in Berlin. The Prime Minister made the request ahead of special summit in Brussels on Wednesday, where EU leaders will decide whether to once again extend the Article 50 negotiating period. The EU last month turned down a bid [...]
Debenhams falls into administration as Sports Direct fails with £200m equity offer April 9, 2019 Embattled department store chain Debenhams has fallen into the hands of its lenders, entering administration despite an 11th-hour bid from Sports Direct billionaire Mike Ashley to keep it public. Read more: Debenhams shares suspended as it falls into clutches of lenders Although the retailer’s 165 stores will continue to trade, some 50 outlets have already been flagged [...]
Alec Baldwin says beating Trump in 2020 presidential race would be ‘so easy’ April 9, 2019 Actor Alec Baldwin has tweeted that he could easily beat President Donald Trump in the 2020 race for the White House. Read more: Trump says economy would 'rocket' if Fed cut rates Baldwin, who has impersonated Trump multiple times on Saturday Night Live since the 2016 election, told his 1.11m followers the victory would be [...]
After Brexit, will Britain remain a land of opportunity? Apprentice star Mark Wright shares his views on startups and the economy April 9, 2019 Winning a reality TV show isn’t normally considered a recipe for success. The stars of such programmes usually end up plastered across the tabloids, followed by performing in a Christmas pantomime somewhere in rural England. But the BBC’s The Apprentice is an altogether different beast. With the backing of business mogul Lord Alan Sugar, the [...]