‘No way’ DUP will back May’s Brexit deal, says senior party member January 4, 2019 A senior DUP member has said there is “no way” his party will back Theresa May’s Brexit deal due to concerns over the backstop agreement. Sammy Wilson, who is Brexit spokesperson for the DUP, said he was “more alarmed” than ever about the impact the deal would have on Northern Ireland. “It’s not just because of [...]
Gatwick and Heathrow spend millions on anti-drone equipment after Christmas travel chaos January 4, 2019 Gatwick and Heathrow are spending millions of pounds on anti-drone technology after drones disrupted thousands of passengers in the run-up to Christmas. The airports, which are the two busiest in the UK, have invested in military-grade equipment designed to jam drone signals. Read more: Drones, AI and 5G: Our tech predictions for 2019 A spokesperson [...]
House votes to end shutdown despite Trump veto threat over border wall January 4, 2019 The US House of Representatives has voted to end the partial government shutdown without funding President Donald Trump’s border wall. The congress, which is now under Democrat control, passed a bill to fund homeland security until 8 February, as well as measures to fund other federal agencies currently affected by the shutdown. But the move [...]
Londoners set to bag two per cent pay rise in 2019 as job vacancies jump January 4, 2019 London workers will enjoy a 2.4 per cent increase in their salaries this year, making the capital one of the best cities in the UK for pay rises. The welcome boost to pay packets will take the average salary in the capital to £38,600, according to a new report from online job site CV Library. [...]
Lending growth slows as consumers remain cautious ahead of Brexit January 4, 2019 Consumer lending growth dropped to its slowest rate in more than three years in November, according to new data from the Bank of England (BoE). The annual growth rate for consumer credit slowed to 7.1 per cent in November, reflecting weaker flows of new lending, the BoE said. The growth rate was the slowest since [...]
Mortgage approvals decline in November as Brexit uncertainty impacts housing market January 4, 2019 The number of mortgage approvals fell to a seven-month low in November as Brexit concerns continued to rattle the housing market. Mortgage approvals fell to 63,728 in November, down from 66,709 the previous month, according to new figures from the Bank of England (BoE) released today. Mortgage lending rose by £3.5bn in the same month, lower than the [...]
Former Nissan chairman Carlos Ghosn to appear in Tokyo court for detention hearing January 4, 2019 Former Nissan chairman Carlos Ghosn will appear in a Tokyo court after his lawyers requested a hearing to explain the reason for his detention. Ghosn, who has been held in Japan since 19 November, will appear in the Tokyo District Court within five days, according to local media reports. Lawyers for the embattled executive petitioned [...]
Volvo facing £600m hit over concerns engines exceed emissions limit January 4, 2019 Volvo has set aside 7bn Swedish krona (£616m) to fix issues with some of its engines amid concerns they could exceed emissions limits, the company has said. The Swedish car manufacturer last night said the costs relate to the testing of vehicles, statistical analysis and dialogue with relevant authorities. “The next step will be to [...]
Economy Energy banned from taking on new customers amid Ofgem probe January 4, 2019 Economy Energy has been banned from taking on new customers until it improves its customer service, Ofgem said today. The energy regulator said it has issued a three month ban on the supplier, which will also prevent it requesting one-off payments and increasing direct debits. Ofgem said Economy Energy must improve its customer contact procedures, [...]
Shop price inflation grows in December despite Christmas discounting January 4, 2019 Shop price inflation rose in December as festive discounting failed to keep prices down for stretched consumers. Overall inflation rose to 0.3 per cent last month, up from 0.1 per cent in November and the highest rate of inflation since April 2013. It is only the fourth month of inflation in the last five years, according [...]
