EU negotiator Michel Barnier offers UK unilateral customs union exit March 8, 2019 The EU’s chief negotiator Michel Barnier has said the UK will have the option to withdraw unilaterally from the customs union element of the backstop agreement. Barnier today briefed EU ambassadors on the ongoing talks with Prime Minister Theresa May and outlined the proposals it will offer. Read more: Barnier rules out time limit on Irish [...]
Space X unmanned capsule splashes down after space centre mission March 8, 2019 An unmanned capsule from Elon Musk’s Space X has splashed down successfully in the Atlantic Ocean after a short-term stay on the International Space Station. The landing marks the end of the first orbital test mission as NASA looks to resume human space travel from US soil this year. Read more: Space X Dragon capsule successfully [...]
Which London Underground line suffers the worst delays? March 8, 2019 Delayed Tube trains and chaotic commuter journeys have long been the fodder of water cooler conversations across the capital. But transport-related tiffs can now be put to rest, as new data has revealed which London Underground line suffers from the worst delays. Data compiled by Casino.co.uk shows denizens of the District line are the worst [...]
BT TV to offer Vice channels in bid to bolster its youth appeal March 8, 2019 BT has secured a deal with Vice Media to give its customers access to the youth channel’s content on live and on-demand TV. The partnership, which comes into effect next week, will give BT TV customers access to Vice on TV, a lifestyle and entertainment channel offering documentaries about popular culture and current affairs. Read [...]
High street suffers worst February in a decade as retail woes continue March 8, 2019 Half-term holidays and unseasonably warm weather failed to boost the struggling high street as retailers suffered their worst February in a decade. In-store like-for-like sales dropped 3.7 per cent last month, marking the worst figures since 2009, according to data published by accountancy firm BDO. Read more: Quiz shares plummet on second profit warning this [...]
Debenhams shares bounce back as Mike Ashley launches power grab March 8, 2019 Shares in embattled department store chain Debenhams jumped as much as 25 per cent this morning after Mike Ashley launched an audacious bid to take control of the company. The retail mogul last night demanded an extraordinary general meeting of Debenhams shareholders, calling for all but one of the existing board members to be ousted. Read [...]
Former Trump campaign boss Paul Manafort jailed for financial crimes March 8, 2019 US President Donald Trump’s former campaign manager Paul Manafort has been sentenced to 47 months behind bars for fraud. Manafort was last year convicted of five counts of tax fraud, two counts of bank fraud and one of failing to disclose foreign bank accounts. Read more: Manafort to plead guilty to Mueller investigation charges The [...]
Countrywide shares tumble as it confirms heavy losses amid housing market slowdown March 7, 2019 Shares in estate agency Countrywide dropped more than eleven per cent today after it confirmed a widening of its full-year losses and warned of a tough year ahead. The figures Full-year revenue fell seven per cent to £627.1m, driven by a pipeline deficit in sales. The firm’s losses widened from £207.3m to £218.2m. Adjusted earnings before [...]
Vodafone expands 5G rollout to 19 UK cities this year March 7, 2019 Vodafone will roll out 5G in 19 cities across the UK this year as it looks to pull ahead of rivals in the race to launch the new network. The operator has already announced 5G trials in Birmingham, Bristol, Cardiff, Glasgow, Liverpool, London and Manchester. Read more: Vodafone connects smartphones to 5G in world first [...]
MPs launch inquiry into drone risk after Gatwick travel chaos March 7, 2019 MPs have launched an investigation into the ethical and safety implications of drones in the wake of travel chaos at UK airports. The Science and Technology Committee (STC) has launched a probe into the use of civilian drones across the UK ahead of the government’s so-called Drone Bill, which is expected this year. Read more: [...]