‘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 [...]
EU ministers say Britain needs ‘clear plan’ to be granted Brexit delay April 9, 2019 EU ministers arrived in Luxembourg this morning to try and thrash out a united stance on whether it should give the UK a Brexit extension ahead of tomorrow's summit. Read more: Brexit delay on the cards as Tories gear up for European elections Dutch foreign minister Stef Blok said the EU should give Britain “more [...]
Debenhams shares suspended as it prepares to fall into administration April 9, 2019 Debenhams’ shares were suspended this morning as it prepares to go into administration, falling into the hands of lenders after rejecting an improved equity offer from Sports Direct. Read more: Debenhams shares slump as shareholders risk losing everything The Financial Conduct Authority temporarily suspended trading of the under-fire department store “at the request of the [...]
Debate: Is Sadiq Khan’s new ultra-low emission zone an effective solution for tackling air pollution? April 9, 2019 Debate: Is Sadiq Khan’s new ultra-low emission zone an effective solution for tackling air pollution? Yes – Fiona Howarth is chief executive of Octopus Electric Vehicles. If London’s water supplies were poisoning 9,000 people a year, there would be national outrage. So why are we not outraged about the air that we breathe? Research published [...]