Lib Dem Heidi Allen to quit as MP at next election over ‘nastiness’ in British politics October 29, 2019 Liberal Democrat MP Heidi Allen has said she will stand down as an MP at the next general election, saying she is “heartbroken” over the harassment she has received in British politics. The ex-Conservative MP and Change UK leader told her South Cambridgeshire constituents that she is “exhausted” by abuse she called “utterly dehumanising”. Read [...]
Labour will back Number 10’s early general election bid October 29, 2019 Labour has said it will back Boris Johnson’s call for a pre-Christmas general election. Party leader Jeremy Corbyn will press his MPs to support the Prime Minister’s bill today that calls for a simple majority to back a snap election on 12 December. “I have consistently said that we are ready for an election and [...]
Weak oil prices and hurricanes push BP to $750m loss October 29, 2019 Lower oil prices and hurricanes knocked BP to a $749m loss in the third quarter, the energy giant revealed today as chief executive Bob Dudley prepared to bow out. Read more: Saudi Aramco insiders say the kingdom has set a date for the IPO The figures BP fell to a $749m loss in the three [...]
Saudi Aramco insiders say the kingdom has set a date for its IPO October 29, 2019 Saudi Aramco is set to begin its long-planned initial public offering (IPO) on 3 November, according to a report. The Saudi Arabian oil giant will start the process of its stock market debut on that date after delaying the deal to give itself time to win over cornerstone investors, Reuters said today, citing three sources. [...]
Mike Ashley calls Goals Soccer Centres’ move to call in SFO ‘too little, too late’ October 29, 2019 Mike Ashley today blasted a reported move by embattled Goals Soccer Centres to enlist the Serious Fraud Office (SFO) to investigate suspected fraud. The Sports Direct owner called the alleged action “far too little, too late”. Read more: Goals Soccer Centres calls in fraud watchdog The billionaire added that it “is a deliberate case of [...]
HSBC profit sinks as bank says performance is ‘not acceptable’ October 28, 2019 HSBC has called parts of its performance “not acceptable” as it revealed an 18 per cent drop in third quarter profit today, fuelled by weak results in its European and US divisions. The figures Profit before tax dropped 18 per cent to $4.8bn (£3.8bn) in the three months to the end of September to fall [...]
Ferrexpo CEO Kostyantin Zhevago temporarily steps down October 28, 2019 The billionaire boss of Ferrexpo has temporarily stepped down as chief executive. The FTSE 250-listed miner said Kostyantin Zhevago would step aside to “focus on resolving certain matters in Ukraine relating to one of the businesses he owned until 2015”. Read more: Ukraine to put Ferrexpo boss on international wanted list Ukraine is considering adding [...]
Amazon share price slips after first profit drop in two years October 25, 2019 Investors have punished Amazon for a sharp fall in profits, targeting its shares as US markets opened this afternoon. Amazon’s share price fell 2.4 per cent to $1738.2 on the Nasdaq after billionaire Jeff Bezos’ company’s profits fell for the first time in two years yesterday. Read more: Amazon posts first profit drop for two [...]
Essex lorry deaths: Police make two new arrests as Vietnamese woman feared to be among victims October 25, 2019 Police have arrested two more people in connection with the deaths of 39 people found in a lorry container at an industrial park in Essex, it emerged today. A 38-year-old man and a 38-year-old woman from Warrington were arrested in Cheshire. Both have been detained on suspicion to traffic people and on suspicion of 39 [...]
Brussels postpones Brexit delay decision October 25, 2019 The EU has pushed back the deadline to make a decision on how long a Brexit delay it will offer the UK. But EU leaders have agreed in principle to grant the UK a Brexit extension, the European Commission said today. Read more: The FTSE 100 is trading flat amid Brexit caution The EU’s chief [...]