Grant Shapps accused of ‘recycling’ year-old green number plate plan for electric cars October 22, 2019 Transport secretary Grant Schapps has come under heavy criticism for “recycling” a year-old announcement to introduce green number plates for electric cars. His department this morning asked the industry for feedback on whether to give bright green number plates to zero-emission cars, in a bid to encourage people to buy electric vehicles. However, the plan [...]
Sterling slips back from $1.30 after John Bercow blocks Brexit vote October 21, 2019 Sterling dropped back from a six-month high against the dollar this afternoon after House of Commons speaker John Bercow refused to let the government put its deal to parliament for the second time in three days. Read more: Speaker Bercow could obstruct Boris Johnson’s bid for Brexit deal vote The pound opened around 0.6 per [...]
Boeing ‘regrets’ leaked 737 Max Whatsapp messages October 21, 2019 Boeing has said it understands the clamour over leaked messages from a former test pilot over erratic software behavior on its 737 Max jet two years before recent crashes. US regulator the Federal Aviation Administration (FAA) on Friday ordered Boeing chief executive Dennis Muilenburg to give an “immediate” explanation for the delay in turning over [...]
Just Eat revenue rises as it hopes for £9bn end-of-year merger with Takeaway.com October 21, 2019 Just Eat’s third quarter revenue rose 25 per cent, it revealed today, as it hopes a £9bn merger with Dutch rival Takeaway.com willbe tied up by the end of the year. Despite this, shares fell five per cent in early trading as analysts were sceptical the deal would get past shareholders at a meeting pencilled [...]
Wirecard hires KPMG to inspect accounting, days after dismissing calls for independent audit October 21, 2019 German payments giant Wirecard has hired KPMG to conduct an independent audit, in a bid to address claims its finance team had tried to inflate its reported sales and profits. The announcement was enough to push shares up 6.7 per cent this morning. It comes days after chairman Wulf Matthias dismissed calls for such an [...]
Three charts that show how MPs could vote on Brexit deal October 18, 2019 The House of Commons will sit on a Saturday tomorrow for the first time since the Falklands War, as MPs face a crunch vote on whether to back Boris Johnson’s Brexit deal. The Prime Minister may have got the deal past European Commission president Jean Claude Juncker, but his support in Parliament is on a [...]
Brits prefer Boris Johnson’s Brexit deal to another delay ahead of crunch MPs’ vote October 18, 2019 Boris Johnson’s Brexit deal may be on a knife edge ahead of tomorrow’s vote in Parliament, but it has found more favour with the rest of the population. A Yougov poll has found 41 per cent of Brits want MPs to vote the new withdrawal deal through, compared to just 24 per cent who are [...]
Boris Johnson’s deal is on a knife edge as Angela Merkel calls on EU to support Brexit delay October 18, 2019 Angela Merkel is said to have told other EU leaders a Brexit extension would be inevitable should MPs reject Boris Johnson’s withdrawal deal. The German Chancellor told fellow European leaders they could not pretend there would be no extension if the UK requested one, according to reports. Read more: PM Johnson scrambles to save Brexit [...]
Holiday Inn owner Intercontinental Hotels Group hit by Hong Kong protests as revenue falls for quarter October 18, 2019 The owner of Holiday Inn has blamed protests in Hong Kong for a drop in quarterly revenue, as it also suffered from weakness in the US and mainland China. Intercontinental Hotels Group said quarterly revenue per room fell 0.8 per cent, making it the latest company to feel the pinch of weaker global travel. Read [...]
Wincanton pursues possible merger with Eddie Stobart October 18, 2019 Wincanton is considering a move for British logistics giant Eddie Stobart, the rival confirmed today. While it is yet to table an offer, Wincanton said it is “undertaking a diligence exercise on Eddie Stobart and its assets” to assess the merits of a tie-up. Read more: Ousted Stobart Group boss ‘preparing bid for Eddie Stobart’ [...]
