Brexiteers slam Irish Article 50 case lawyer’s claims that people were misled February 1, 2017 Brexiteers have hit back at a top tax lawyer bringing an Article 50 case in Ireland, who recently claimed his action's importance lay in the fact voters had been misled. Jolyon Maugham filed a case in Ireland last week, seeking an answer on whether the UK can revoke its Article 50 process without the approval of the [...]
Leaked report reveals top EU officials believe the remaining 27 member states will be damaged by a bad deal for the City February 1, 2017 A leaked report has revealed top EU officials are worried a bad Brexit deal that does not safeguard the City of London's status will backfire for the other member states. A document put together by the European parliament’s committee on economic and monetary affairs, which was seen by the Guardian, urges EU negotiators to strive [...]
Everything you ever wanted to know about the Article 127 case (but were too afraid to ask) February 1, 2017 Brexit's legal fine print is due to be debated in the courts again this week, less than a fortnight after the Supreme Court ruled the government must consult parliament before it can trigger Article 50. At time of writing, a case on Article 127 is due to go for a merit hearing on Friday afternoon, [...]
Rush-hour commuting chaos at Waterloo after two hit by trains earlier in the day January 31, 2017 Those travelling from Waterloo are facing a hectic journey tonight, after two people were hit by trains between the London station and Woking. One man was hit at New Malden at around 12:30pm, while another was hit near Woking roughly 15 minutes later. Both have died. Although all lines have since been reopened, South West Trains is [...]
There’s a new top dog at First Direct January 31, 2017 HSBC-owned First Direct has promoted its head of contact centres to head of the bank. Joe Gordon will replace Tracy Garrad, who, subject to regulatory approval, will be taking up the role of chief executive of HSBC in the Channel Islands and Isle of Man. "I can't wait to lead a bank that's recognised as one of the top [...]
PwC US chairman reassures staff over Trump travel ban January 31, 2017 The US chairman and senior partner of professional services giant PwC has become one of the latest business names to reassure staff over Donald Trump's travel ban over seven Muslim majority countries. In a message posted on Facebook, Tim Ryan wrote: I want to thank all those who have reached out to me in the [...]
Donald’s views on Donald: Tusk hits back at Trump’s remarks on the EU January 31, 2017 Donald Tusk has today slammed the "worrying declarations" about the EU made by new US President Donald Trump. "For the first time in our history, in an increasingly multipolar external world, so many are becoming openly anti-European, or Eurosceptic at best," read a letter from the president of the European Council to EU member state [...]
Hurting the City will hurt the EU too, experts remind MPs January 31, 2017 Attempts by other EU member states to undermine the City of London's financial crown will wind up hurting them too, banking and finance experts reminded MPs today. Representatives from influential City groups, along with deputy editor of the Telegraph Allister Heath, also told the International Trade Committee the City would need to devise a unique [...]
Japan’s biggest brokerage Nomura doubles its profits in third quarter as fixed income activity rockets January 31, 2017 Japanese financial giant Nomura today revealed it raked in twice as much profit during the third quarter of its most recent financial year than it did the year before. The figures Net income at Japan's biggest brokerage shot up to ¥70.3bn (£496m), a 99 per cent increase compared with ¥35.4bn the year before and an increase of [...]
New small business account, Tide, launches today January 31, 2017 Small businesses on the hunt for a bank account have a new option from today, as Tide launches on iPhone, Android and web. The new app, the first aimed at companies, allows users to set up a fully functioning business account, complete with UK sort code and account number and a Tide Mastercard for daily expenses, [...]
