Theresa May could put her Brexit deal to parliament a fourth time March 30, 2019 Prime Minister Theresa May is reportedly mulling putting her Brexit deal to parliament a fourth time, after it was defeated in the commons by a reduced margin yesterday. The deal was defeated by 344 votes to 286, a margin of 58, which is narrower than the two previous attempts which resulted in defeat by 240 [...]
Tory leadership race: Who are the leading candidates? March 29, 2019 Theresa May’s promise this week to step down if her Brexit deal passed parliament made the prospect of a Tory leadership battle increasingly likely. Although May’s deal was defeated in the commons yet again this afternoon, her calamitous premiership looks like it could end at any moment. There are dozens of potential candidates for the top [...]
Dominic Raab becomes latest Brexiter to pledge support for Theresa May’s Brexit deal March 29, 2019 Former Brexit minister Dominic Raab is prepared to back Theresa May’s Brexit deal, he told the Commons today. Raab, who resigned as Brexit minister over the deal, is now set to vote for it later today. Read more: Brexit vote live: EU says passing withdrawal agreement sufficient He said: "We potentially face an even worse [...]
Financial Conduct Authority confirms ban on sale of binary options to retail consumers March 29, 2019 City watchdog the Financial Conduct Authority (FCA) said today it was banning the sale, marketing or distribution of binary options to retail customers. Binary options are financial instruments that allow traders to speculate on which way a market will move. Read more: The FCA has to show it really means business The FCA said the [...]
The Independent Group applies to register as a political party and appoints Heidi Allen as interim leader March 29, 2019 The Independent Group said today that it has applied to register as a political party and said it has appointed former Conservative MP Heidi Allen as interim leader. The breakaway group of MPs this week submitted an application to establish a new political party: Change UK – The Independent Group. It said it plans to [...]
H&M shares soar despite profit fall March 29, 2019 Shares in Swedish clothing retailer H&M soared today after it unveiled better-than-expected profit figures for the first quarter. Shares in the Stockholm-listed clothing giant jumped 12 per cent to hit 158 Swedish krona, despite a fall in profit. Pre-tax profit fell for the seventh straight quarter in the three months ending in February, sliding to [...]
Motor insurer Sabre unveils special dividend in first annual results since listing March 28, 2019 Specialist motor insurer Sabre declared a special dividend today in its first full-year results since listing on the London Stock Exchange. The insurer wrote £210m of premiums last year, a slight drop on the previous year which it said was a result of focusing on underwriting profitability over growth. Read more: Private equity firm BC [...]
Huawei criticised by UK for security flaws in its mobile network March 28, 2019 The UK has criticised Chinese tech giant Huawei for failing to fix security flaws in its mobile network equipment and has revealed new technical issues, as the company fights suspicions that it could be a Trojan horse for China’s spies. Read more: Trump: UK's 5G plans put national security at risk In its report, released [...]
Eddie Stobart keeps on trucking with revenue and profit up strongly March 28, 2019 Logistics company Eddie Stobart grew profit 14 per cent and revenue 35 per cent last year, it announced today. The company, known for its liveried lorries with names such as Amber Daisy, Teletubby and Destiny Tori, said its growth was driven by new contract wins, acquisitions and more business from existing customers. The company grew [...]
Boeing unveils software patch for 737 Max after Ethiopia and Indonesia crashes March 28, 2019 US aircraft company Boeing has released a software patch for its 737 Max jet after 346 people were killed in crashes involving the plane in Indonesia and Ethiopia. The plane’s anti-stall system is being viewed by investigators as a possible factor in the fatal crash of a Lion Air jet in Indonesia in October and [...]
