Now French President and minister say “non” to TTIP negotiations too August 30, 2016 Two key French political figures have cast doubt on trade talks between the EU and the US, shortly after a German minister voiced the same concerns. French President Francois Hollande told ambassadors today he did not think it would be possible to conclude on the Transatlantic Trade and Investment Partnership (TTIP) by the end of the year. "The [...]
Mid-size businesses push on with growth plans despite Brexit vote August 30, 2016 The majority of Britain's mid-size businesses are planning to carry on investing and growing, despite many believing June's Brexit vote has hampered their prospects. In a report released today by accountants BDO and seen exclusively by City A.M., three out of five (60 per cent) of the firms it surveyed predicted positive growth over the next year, [...]
Consumers are splashing the cash, but feel less confident about what Brexit vote means for the country as a whole August 30, 2016 Consumers have been playing a little bit more fast and loose with the purse strings in the immediate aftermath of the Brexit vote, but are more cautious about what the future holds for the UK. According to the July Lloyds Bank Spending Power Report, which has been released today, two-thirds (67 per cent) of people described their personal [...]
Recruitment stays steady following referendum, but salaries on offer take a knock August 30, 2016 Professional hiring has remained sturdy despite the referendum result, but salaries on offer are no longer so favourable, figures out today show. The Association of Professional Staffing Companies (Apsco) study found permanent vacancies inched up by 0.2 per cent in July compared with the year before, although contract vacancies dipped by two per cent. However, the [...]
UK now front of the queue for deal with the US, as trade deal with EU dubbed a failure by key German minister August 29, 2016 The EU's loss is the UK's gain for trade deals, as the country now finds itself first in line for a transatlantic hookup, one expert has said. The comments come after Germany's economy minister and vice chancellor Sigmar Gabriel said over the weekend that talks to forge a trade deal between the US and the EU – the Transatlantic Trade and Investment [...]
Pensions experts welcome news of Sir Philip Green’s BHS top up August 29, 2016 Pensions experts have given the thumbs up to news Sir Philip Green could be stumping up a substantial sum for the ailing BHS pension pot. It was reported over the weekend that Green, who has been working with Magic Circle outfit Linklaters and Big Four firm Deloitte to design a deal with the Pensions Regulator, could be writing a [...]
Concerns raised over deadlines for next round of global banking red tape August 29, 2016 A major global banking body has today warned some member states may not be able to implement the latest tranche of red tape on time. In its seventh report, the Basel Committee on Banking Supervision at the Bank for International Settlements warned some of the 27 Basel jurisdictions had raised concerns they may not be able to transpose some [...]
Rolls-Royce share price sinks as company shoulders blame for cancelled Dreamliner flights August 25, 2016 Shares in Rolls-Royce Holdings tumbled today after fingers were pointed at the engineering firm for multiple cancelled flights in Japan. Japanese airline company ANA Holdings revealed today it needed to call off some of its Dreamliner flights because it now has to replace components in the Rolls-Royce engines in some of its Boeing 787 fleet. A total of nine [...]
