EU working to improve Irish border backstop proposal, Barnier says September 18, 2018 The European Union has softened its approach to the Irish border backstop "insurance policy" arrangement, EU chief negotiator Michel Barnier said this evening, in a push to effectively complete the Brexit deal within the next month. Speaking in Brussels ahead of a summit of EU leaders in Salzburg tomorrow and Thursday, Barnier confirmed that work was ongoing to improve the offer to Britain and said [...]
Fund management consolidation to increase say private equity executives September 18, 2018 Fund management consolidation is set to increase as firms attempt to grow their asset base in order to compete for deals, according to a survey of top private equity executives. Heavy competition for deals is pushing private equity firms to build scale by merging with other firms, which allows companies to reduce costs and expand [...]
Fund management consolidation to increase say private equity executives September 18, 2018 Fund management consolidation is set to increase as firms attempt to grow their asset base in order to compete for deals, according to a survey of top private equity executives. Heavy competition for deals is pushing private equity firms to build scale by merging with other firms, which allows companies to reduce costs and expand [...]
Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment September 18, 2018 TV presenter Noel Edmonds branded the Archbishop of Canterbury a "reincarnation of evil" for investing in Lloyds Bank and failing to meet with HBOS fraud victims. The Deal or No Deal star, who is seeking £64m in damages from Lloyds, said Justin Welby was a hypocrite after the church leader last week mounted an attack on zero hours contracts [...]
Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment September 18, 2018 TV presenter Noel Edmonds branded the Archbishop of Canterbury a "reincarnation of evil" for investing in Lloyds Bank and failing to meet with HBOS fraud victims. The Deal or No Deal star, who is seeking £64m in damages from Lloyds, said Justin Welby was a hypocrite after the church leader last week mounted an attack on zero hours contracts [...]
First State Investments transfers funds to Dublin ahead of Brexit September 18, 2018 First State Investments will move European Union client assets from the UK to Dublin in preparation for Brexit. The firm, which has 11 offices worldwide including one in The City, will also set up management company operations in the Irish capital next year to continue serving EU investors regardless of the outcome of the Brexit negotiations. Read [...]
First State Investments transfers funds to Dublin ahead of Brexit September 18, 2018 First State Investments will move European Union client assets from the UK to Dublin in preparation for Brexit. The firm, which has 11 offices worldwide including one in The City, will also set up management company operations in the Irish capital next year to continue serving EU investors regardless of the outcome of the Brexit negotiations. Read [...]
Visa and Mastercard agree $6.2bn settlement over card fees September 18, 2018 Visa, Mastercard and a number of banks have agreed to pay $6.2bn (£4.72bn) to settle a long-running legal dispute over the charges retailers are forced to pay for accepting card payments. The lawsuit, which began in 2005, accused the card companies of breaking US federal antitrust laws by forcing retailers to pay swipe fees. Read more: TSB forced to [...]
Visa and Mastercard agree $6.2bn settlement over card fees September 18, 2018 Visa, Mastercard and a number of banks have agreed to pay $6.2bn (£4.72bn) to settle a long-running legal dispute over the charges retailers are forced to pay for accepting card payments. The lawsuit, which began in 2005, accused the card companies of breaking US federal antitrust laws by forcing retailers to pay swipe fees. Read more: TSB forced to [...]
Heathrow announces longlisted innovation partners for airport expansion September 18, 2018 Tata Consultancy Services and Wood Group are among those longlisted to work on Heathrow's expansion, the airport announced this morning. The Innovation Partners process, which was launched in April, seeks to ensure the final third runway plan is efficient, sustainable and affordable, as well as meeting all the criteria of improving passenger experience, driving cost efficiencies [...]
