Liberal Democrats’ Vince Cable throws in the towel, triggering party leadership race May 24, 2019 Liberal Democrat head Vince Cable has followed the example of Prime Minister Theresa May and announced his resignation as party leader. The move triggers a leadership race in the party which formed a coalition alongside the Conservatives from 2010 to 2015, but has lost much of its support afterwards. Read more: Sir Vince Cable to [...]
Brexit live: MPs to vote on May’s withdrawal agreement tomorrow March 28, 2019 Welcome to our Brexit live blog. Please manually refresh this page for the latest updates. Follow this page throughout the day for the latest Brexit news as the world reacts to yet another day of deadlock in parliament. MPs failed to reach a majority last night on a series of indicative votes intended to provide an [...]
CMA may block Sainsbury’s-Asda merger, finding deal could push up prices and reduce quality February 20, 2019 Sainsbury's suffered a 15 per cent drop in its share price this morning after the grocer's £12bn proposed merger with Asda was thrown into doubt following a swathe of concerns raised by Britain's competition watchdog. The Competition and Markets Authority (CMA) said the tie-up could lead to "a substantial lessening of competition at both a national and local [...]
Brexit deal live: UK would vote to remain in EU in a second referendum January 17, 2019 Hello and welcome to our Brexit vote live blog. Stay tuned for reaction to Labour's no confidence vote yesterday, after Theresa May's Brexit deal slumped to a historic defeat in parliament on Tuesday night. Please manually refresh this page for the latest updates What you need to know: The Prime Minister’s deal was defeated by [...]
Global stock markets and sterling slide as economic slowdown fears continue into new year January 2, 2019 Global markets have started the year in the red as investors struggle to shake off the economic slowdown fears that plagued stocks last year, while the pound has taken a more than one per cent hit against the dollar on the first day of 2019 trading. The FTSE 100 was down more than one per [...]
Interserve considers handing off building materials unit to lenders in debt-for-equity swap December 16, 2018 Interserve is tomorrow expected to break its silence on rumours it may sell off its £250m building materials unit, RMD Kwikform, to the holders of its debt. The public sector outsourcing giant, which builds schools and hospitals, is reportedly considering the sale in order to secure its future as it risks drowning in a £650m [...]
Sadiq Khan launches online Brexit resource for businesses October 17, 2018 Mayor of London Sadiq Khan has launched a website aimed at helping companies prepare for potential challenges presented by Brexit. The Brexit Business Resource Hub contains Brexit-related news, links to industry reports and a calendar containing information on related events happening in London. Read more: James Dyson: No-deal Brexit 'will not change anything' The website [...]
UK foils more than 10 cyber attacks per week, says GCHQ October 16, 2018 The UK has faced more than 10 cyber attacks per week on average in the last two years, the National Cyber Security Centre (NCSC) today revealed, with most coming from “hostile” nation states. Since it became operational in 2016, GCHQ’s cyber crime defence centre has been forced to defend Britain against 1,167 threats, 557 of which [...]
Regulator hits Audi with €800m fine for diesel emissions offences October 16, 2018 German prosecutors fined Audi €800m (£702m) today for breaking regulatory rules on V6 and V8 diesel engine emissions. Audi accepted the fine, admitting responsibility for failing to correctly monitor the engines’ emissions. Read more: Volkswagen deliveries drop as new emissions testing hits In a statement, the company warned the penalty would “significantly undercut major financial [...]
