Gold, the Federal Reserve, and the dollar – what’s driving up precious metal prices? March 19, 2019 Gold has been making a comeback. After a long period with little activity last year, the precious metal’s value has risen as stock markets have struggled and fallen. Combine the volatility of equities with the increase in geopolitical fears, and many investors are re-evaluating whether to increase the amount of gold in their portfolios. The [...]
Theresa May gathers cabinet after Bercow deals fresh blow to her Brexit deal March 19, 2019 Theresa May is set to push on with her deal despite Commons speaker John Bercow threatening to derail the process yesterday. Read more: 'Constitutional crisis' as Bercow blocks another vote on May's Brexit deal Today Brexit secretary Stephen Barclay suggested a vote could occur next week despite Bercow saying “substantial changes” must be made to [...]
Former Carillion man takes the reins at embattled Kier Group March 19, 2019 The man who was once named the new leader of Carillion has taken the reins at Kier Group, the construction firm confirmed this morning. Andrew Davies, appointed Carillion’s new chief executive just months before it went out of business, will take up his new role form 15 April, Kier said. Read more: Embattled outsourcer Kier's net debt [...]
The UK government should take inspiration from an unlikely source when writing its post-Brexit migration plan March 19, 2019 Another day, another chance for UK politics to reach hitherto unimaginable levels of farce. But while Downing Street reels over speaker John Bercow's characteristically dramatic intervention, it's worth remembering that the government is capable of making a complete mess of many things – not just Brexit. Take immigration, for example. We have a Prime Minister who [...]
Kier to appoint former Carillion hire Andrew Davies as chief executive March 18, 2019 Embattled construction firm Kier is set to appoint the executive who was hired by Carillion weeks before the contractors collapse to lead a turnaround at the company. Andrew Davies, who was due to step into the role of chief executive at Carillion before it plunged into liquidation last year, is expected to be appointed as [...]
‘Constitutional crisis’ as John Bercow blocks another vote on May’s Brexit deal March 18, 2019 Theresa May's bid to win parliamentary approval for her Brexit withdrawal deal has been dealt another dramatic blow after Commons Speaker John Bercow declared he could block any attempt to put the question to MPs again. In a surprise statement, Bercow said he would only allow the government to put its Brexit plan before MPs again [...]
Debenhams pressure mounts amid Sports Direct comments March 18, 2019 The war of words between Debenhams and retail tycoon Mike Ashley escalated once again this morning after Sports Direct’s finance chief confirmed City speculation that it would look to buy the department store chain if it collapsed into administration. Sports Direct’s finance chief Chris Wootton, who could potentially become Sports Direct boss if Ashley takes [...]
Pound drops as Commons speaker John Bercow rules out third meaningful vote on same Brexit deal March 18, 2019 House of Commons Speaker John Bercow has ruled out a third meaningful vote on Theresa May's Brexit deal unless it contains "substantial changes". Bercow said the government was now not able to "resubmit the same proposition or substantially the same proposition as that which was rejected" in January and March this year. Making an unexpected statement [...]
Chuka Umunna downplays speculation Tory MP Nick Boles could join the Independent Group March 18, 2019 Former Labour MP Chuka Umunna has downplayed suggestions Tory MP Nick Boles could join the Independent Group (TIG), saying he does not share the same "progressive values" of its members. Asked why Boles, who quit his local party over his stance on Brexit, had not joined the rump of disaffected former Labour and Tory MPs, Umunna said: "I'm [...]
Half a million packets returned since launch of Walkers recycling scheme March 18, 2019 Walkers revealed today that more than half a million packets of crisps have been collected since it launched a recycling scheme in the wake of mounting public pressure late last year. Over 8,500 collection points for recycling Walkers crisp packets have been established since December, when the group began a new green initiative. The firm’s [...]