Capita’s share price adjusts to mega rights issue October 15, 2018 Outsourcing giant Capita's share price was re-based this morning after the firm admitted more than one billion new shares to the market. The company's shares were trading around 129p at the time of writing, as shareholders made the most of the opportunity to buy three discounted shares for every two they hold. Over the last [...]
RBS boss Ross McEwan ‘withheld information’ from parliament, claims Treasury Committee chair Nicky Morgan September 14, 2018 The chief executive of Royal Bank of Scotland has been accused of "withholding information" when giving evidence to parliament. Ross McEwan told the Treasury Select Committee, including Tory chair Nicky Morgan, back in January that he was not aware of any allegations of criminal activity within the bank's notorious and now-defunct Global Restructuring Group (GRG). [...]
Brexit papers: Government positions on cross-border trading, Irish citizens, driving licences, mobile roaming charges and blue passports revealed September 13, 2018 UK driving licences may not be valid in the European Union in the event of a no deal, the government warned today, as part of its latest batch of Brexit papers. While EU driving licence holders will not be affected when they travel through the UK, Brits may have to obtain one of two different [...]
Skripals suspects Alexander Petrov and Ruslan Boshirov claim they visited Salisbury for its ‘famous cathedral’ September 13, 2018 The two suspects in the Skripals poisoning case have said they visited Salisbury because friends said it was "a wonderful town with a famous cathedral". Alexander Petrov and Ruslan Boshirov told state-funded news channel RT their trip to the historic town had been short-lived "because it was covered in snow". "Our friends have been suggesting for a [...]
Government to unveil new set of no deal Brexit papers today September 13, 2018 Brexit secretary Dominic Raab is poised to unveil a further 28 ‘technical notices’ advising the country how to prepare for a no deal scenario. The notices, due to be published this afternoon after a special "no deal" Cabinet meeting which Bank of England governor Mark Carney was seen joining, will offer detail on a number of critical [...]
Top FTSE execs say they’d rather Brexit was just canned September 12, 2018 Leaders of some of the UK's biggest companies including banks RBS, HSBC and TSB have said they fear a hard Brexit, with more than half wishing the whole process could be stopped. A poll of 100 business leaders at last night's annual Odgers Berndtson dinner for chairs and chief executives found that just one per cent believed [...]
ERG’s post Brexit plans for Irish border revealed September 12, 2018 The Irish border issue can be resolved through "the mutual trust on which regular trade depends", a new proposal put forward by pro-Brexit MPs today has said. The European Research Group's 19-page document suggests existing technology will make border checks unnecessary, while physical inspections can be carried out at exporters' or importers' premises, with exemptions for "the [...]
ERG MPs ‘openly discussing’ plot to oust Theresa May September 12, 2018 Pro-Brexit members of the European Research Group were openly discussing how best to oust Prime Minister Theresa May during last night's weekly meeting, it has been claimed. The ERG, which is led by Jacob Rees-Mogg, has publicly denied that its anti-Chequers assaults including yesterday's endorsement of an alternative Brexit strategy have any bearing on the party's [...]
Jean Claude Juncker’s State of the Union 2018 address: UK ‘will never be an ordinary third country’ after Brexit September 12, 2018 The UK will "never be an ordinary third country" for the EU, Jean-Claude Juncker said in this morning's State of the Union address – but indicated that the Chequers' proposal of a Single Market for goods is a non-starter. Giving his annual speech, the European Commission President told MEPs in Strasbourg that the UK would "always be [...]
