Spain threatens to reject draft Brexit deal unless Gibraltar is excluded from EU talks November 20, 2018 Spanish Prime Minister Pedro Sanchez has said his country will reject the draft Brexit deal unless it makes clear that talks regarding the status of Gibraltar will be considered separately. Spain holds a claim to Gibraltar, which came under Britain's control following the 1713 Treaty of Utrecht. The BBC reported that Spain has said it [...]
Bill Browder calls for Russia to be barred from Interpol system after ‘serial abuse’ November 20, 2018 Hermitage Capital boss Bill Browder called today for Russia to be barred from the Interpol system ahead of the potential election of a Russian head of the international policing body. At a press conference in London today, Browder and exiled Russian oligarch Mikhail Khodorkovsky described Russian abuse of the Interpol system to pursue them overseas. [...]
No swearing! Elon Musk renames BFR rocket Starship November 20, 2018 Space X boss Elon Musk tweeted today that the BFR rocket that is costing the company roughly $5bn (£3.9bn) to develop has been renamed. Officially called the Big Falcon Rocket, it is also widely known as the Big F*****g Rocket. Musk has said the BFR name was inspired by a weapon in computer game Doom called the [...]
Mark Carney says a no-deal Brexit would be the ‘worst outcome’ for the Bank of England November 20, 2018 Mark Carney today told the Treasury Select Committee that a "no-deal" Brexit would be the "worst outcome" for the Bank of England. The BoE governor said he expected May's draft withdrawal agreement to "support economic outcomes" and welcomed the transition period, which is due to end in 2020. The transition period begins on 29 March 2019 and lasts [...]
Labour’s childish antics over Brexit are an embarrassment November 20, 2018 The Brexit deal is on the table and the bids to support it, scrap it, or make it utterly redundant are now in full swing. As Theresa May moves forward with her plan to engineer a parliamentary majority for a proposed exit deal, clear political camps have begun to form. The Tory moderates who have [...]
Boris’s water cannon fetch junk price as they are sold off for scrap November 19, 2018 Three water cannon bought and renovated for over £300,000 by former London mayor Boris Johnson will be broken down for scrap after being sold for a fraction of their value. The machines, which were never used, have been sold for parts to Reclamations (Ollerton) Ltd for just over £11,000, the mayor’s office announced yesterday. The [...]
CBI chief calls Labour’s approach to business more ‘command and control than partnership’ November 19, 2018 The Confederation of British Industry (CBI) has accused Jeremy Corbyn of offering a "command and control" approach to business rather than partnership after the Labour leader addressed its annual conference earlier today. CBI director general Carolyn Fairbairn said firms had made an offer to Labour to work with business to create a "truly competitive and fair country". [...]
Equinix to spend £90m on Slough data centre to support the City’s increasing reliance on data November 19, 2018 Technology infrastructure giant Equinix is building a £90m flagship data centre to support increased reliance on data by City firms, the company said today. The US firm said the new and expanded facilities will support growing volumes of data, including increased traffic in the City. The project, dubbed LD7, is due to be completed in early 2019. The new facility [...]
McLaren boss backs May’s Brexit plan, saying no deal is ‘not an option’ for businesses November 19, 2018 The boss of car manufacturer McLaren has backed Theresa May’s draft Brexit agreement, saying crashing out of the European Union without a deal is “not an option” for British industry. Mike Flewitt said May’s withdrawal agreement, which the Prime Minister is currently trying to sell to her MPs, would “provide urgently-needed certainty and an implementation period [...]
Russia wants to destabilise Interpol, warns Putin critic Bill Browder November 19, 2018 Bill Browder, the US-born investor and Putin critic, struck back today against new allegations made against him by Russia, accusing the country of attempting to use its international influence to destabilise Interpol. Prosecutors in Moscow claimed Browder's fund shareholders used illegal profits made in the country to fund donations to the Democratic Party, and claimed he may [...]