Brexit: Theresa May will not seek long delay to Article 50 as she asks EU for short extension March 20, 2019 Theresa May will not seek a long Brexit extension when she writes to the EU to seek a delay to Article 50 today, according to reports. Read more: UK must commit to new political 'event' to get Brexit delay, warns Barnier The Prime Minister is set to ask for more time for parliament to back [...]
WPP board ‘finally came to their senses’ over £2m bonus, says Sir Martin Sorrell March 19, 2019 Advertising veteran Sir Martin Sorrell has said the board of WPP “finally came to their senses” over his £2m bonus, which it has paid out almost a year after his abrupt exit. Speaking at Advertising Week Europe this evening Sorrell, who left the ad group amid allegations of misconduct, denied any wrongdoing as he took [...]
Mike Ashley’s Sports Direct makes official £139m offer for Findel March 19, 2019 Sports Direct has made an official bid for home shopping firm Findel as it sent out an offer document to shareholders. The company, which is currently the firm’s largest shareholder, has offered to buy the rest of Findel’s stock for 161p per share. Read more: Debenhams pressure mounts amid Sports Direct comments Earlier this month [...]
UK needs to commit to new political ‘event’ to get Brexit delay, warns Michel Barnier March 19, 2019 A long delay to Brexit must be linked to a new political event or process, the EU’s chief negotiator has warned. Speaking in Brussels, Michel Barnier set out the reassurances he believes the EU 27 will want from the UK before granting an extension to the negotiating period. Theresa May is set to write to [...]
Brexit: With ten days to go, what is going to happen? March 19, 2019 | City Talk In a process where the phrase ‘dumpster fire’ is already probably more accurate than anything normally used to describe political process, speaker John Bercow threw a grenade into the mix by refusing to allow a third meaningful vote on Theresa May’s withdrawal agreement. It was a move that surprised many – when we thought the [...]
Angela Merkel: I will fight for Brexit deal until the last minute of 29 March March 19, 2019 Angela Merkel has vowed to fight until the “last minute” of 29 March to secure a Brexit deal as the UK prepares to ask for its departure from the EU to be delayed. The German Chancellor said she was waiting to see the details of Theresa May’s proposals for an extension to the negotiating period, [...]
Downing Street confirms Theresa May will ask EU for an extension to Article 50 March 19, 2019 Theresa May's spokesperson has confirmed that the Prime Minister will write to Donald Tusk, the president of the European Council, to ask for a delay to Brexit. Last week the lines coming from No 10 was that a short extension to Article 50 – the mechanism that allows the UK to leave the EU – [...]
UK must decarbonise heating, but not through hydrogen, Centrica boss says after government commitment March 19, 2019 Britain and other countries must remove carbon from their heating and cooling, British Gas owner Centrica said today, but warned a move to make the gas grid run on hydrogen is “unlikely to be practical”. Centrica chief executive Iain Conn said natural gas would be “crucial” in the transition to reducing carbon emissions, and that Britain [...]
‘London, please deliver’: EU leaders react to possible Brexit delay following John Bercow ruling March 19, 2019 EU leaders have hit back at the "unacceptable" uncertainty around Brexit stirred by John Bercow's decision to block a third meaningful vote on Theresa May's withdrawal agreement. France's Europe minister Nathalie Loiseau said an extension to Article 50 – the mechanism that allows the UK to leave the EU – without an "objective or strategy" would be [...]
Sainsbury’s and Asda double down on £1bn price cut pledge to salvage deal March 19, 2019 Sainsbury’s and Asda have outlined their pledge this morning to slash shop prices as a result of a planned merger, doubling down on efforts to push through a major tie-up despite being dealt a recent devastating blow by Britain's competition watchdog. The two grocery giants, who suffered a setback last month when the Competition and Markets [...]