Moody’s downgrades Debenhams, warning outlook remains ‘negative’ April 4, 2019 Troubled retailer Debenhams suffered a fresh blow this afternoon after being downgraded by credit ratings agency Moody’s. Read more: Sports Direct calls on Debenhams investors to protest against finance deal The department store chain’s rating has been cut from Caa1 to Ca, with Moody’s saying that the group's outlook remained "negative". "We have downgraded Debenhams' [...]
Tesla shares fall in pre-market trading as Elon Musk’s firm suffers huge quarterly drop in car deliveries April 4, 2019 Tesla’s share price looks set for a significant fall when the Nasdaq opens this afternoon, after the electric car giant told investors its car deliveries have suffered a record quarterly drop. Shares declined almost eight per cent in pre-market trading to $269.77 from yesterday’s close of $291.81 after the overnight update. Read more: Elon Musk [...]
TfL scraps Brunei tourism adverts amid outcry over new anti-LGBT laws April 4, 2019 Transport for London (TfL) has scrapped adverts promoting Brunei following international condemnation of the state’s draconian new anti-LGBT laws. The adverts, which have appeared across the London transport network, promote the country as a tourist destination under the slogan “Abode of Peace”. Read more: Sadiq Khan says TfL will remove controversial Michael Jackson bus ads [...]
Hancock says no-deal Brexit ‘highly unlikely’ as May attempts to reach cross-party withdrawal agreement with Labour April 4, 2019 Health secretary Matt Hancock today said a no-deal Brexit is “very unlikely” as the Prime Minister attempts to seal a Brexit deal with Labour. Read more: Police warn MPs and campaigners not to inflame Brexit tensions Hancock said securing the support of Labour MPs in the Commons was the only likelihood of Theresa May getting [...]
Sheryl Crow asked Twitter for help fixing her Tesla – Elon Musk replied April 4, 2019 When Sheryl Crow turned to Twitter to solve a problem with her Tesla, she got an answer straight from the top as Elon Musk took a moment to help her out. The billionaire-turned-troubleshooter weighed in after the US singer took to Twitter to complain of a problem that had crippled her high-performance electric car. Read [...]
May and Corbyn continue talks as MPs back Brexit delay bill by a single vote April 4, 2019 Theresa May and Jeremy Corbyn will hold more meetings today to thrash out a Brexit compromise after MPs narrowly passed a law instructing the Prime Minister to ask for a delay to the UK’s withdrawal from the EU. Read more: John Bercow delivers casting vote in historic tie on Commons Brexit plan In a dramatic [...]
Speaker John Bercow delivers casting vote in historic tie on Commons Brexit plan April 3, 2019 MPs defeated a plan for a further set of indicative votes this afternoon after Speaker John Bercow was forced to side with the government in a historic Commons moment. A vote on Labour MP Hilary Benn’s plan to once again ask the Commons to back a range of Brexit outcomes resulted in a tie – [...]
Another minister resigns from Conservative party over Brexit delay April 3, 2019 Another Tory MP has resigned the Conservative whip, citing the government's handling of the Brexit negotiations. Brexit minister Chris Heaton-Harris said: "After much contemplation, I have decided to leave Theresa May's government. I'm grateful to the PM for giving me the opportunity to serve the UK and I will continue to represent my constituents as [...]
Jeremy Corbyn confirms customs union demand as Theresa May opens crunch Brexit talks April 3, 2019 Labour leader Jeremy Corbyn is set to meet Theresa May at 2.30pm today to see if the pair can strike a Brexit deal. Read more: Tory whip quits over PM's Brexit talks with 'Marxist' Corbyn The Prime Minister last night invited the Labour leader for talks as she called for “national unity” to break the [...]
May called business chiefs to reassure over latest change in Brexit negotiation plan April 3, 2019 Theresa May last night tried to reassure bosses at some of Britain’s biggest firms, including Rolls-Royce, BT and GlaxoSmithKline, about her latest change in direction on Brexit negotiations. The PM hosted a call with the co-chairs of her business councils last night, shortly after announcing she would look for another extension to Article 50 so [...]