Hammond vows to block no-deal Brexit July 5, 2019 Chancellor Philip Hammond will “find a way” to block a no-deal Brexit come 31 October, he said today. Read more: Leaving the EU without a deal would cost the UK £90bn, says Hammond The Treasury boss warned Prime Minister Theresa May’s successor not to “sideline” MPs to deliver Brexit. Hammond branded such a move “shocking” [...]
UK house prices surge 5.7 per cent in June July 5, 2019 UK house prices shrank by 0.3 per cent in June compared to the previous month, according to data released today. But the growth rate rocketed 5.7 per cent on an annual basis last month, according to Halifax’s latest house price index, to take the average UK house price to £237,110. Read more: UK house price [...]
Person dies after being hit by Victoria Line train July 5, 2019 The Victoria Line is part suspended with severe delays this morning, causing severe disruption during rush hour after a person died after being hit by a train. Transport for London (TfL) warned commuters there was no service between Walthamstow Central and Seven Sisters while emergency services attended the incident. Severe delays hit the rest of [...]
Jaguar Land Rover makes £1bn pledge to Britain’s car industry July 5, 2019 Jaguar Land Rover (JLR) today promised to invest almost £1bn into building electric cars in Britain, securing thousands of jobs and reinvigorating the struggling auto sector. The British car manufacturer outlined the plan today as it seeks to offer electric vehicle options for new models from 2020 as it weans itself off its reliance on [...]
London’s decadent Tramp club sets out to woo Mayfair’s bankers July 5, 2019 Private members club Tramp has put out the call from Piccadilly to the Mall for well-heeled neighbours to celebrate its 50th anniversary in style – with an annual membership slashed to just £50. The nightclub, a hotspot for A-listers since its early years in the 1970s, usually costs members £1,000 per year. But in celebration [...]
Police arrest man after Baidu boss drenched on stage July 4, 2019 Chinese police have arrested a man in connection with an incident that saw someone pour a bottle of water over the head of search giant Baidu’s chief executive. Robin Li was left soaked during a keynote address at Baidu’s annual Create conference in Beijing yesterday after a man stepped on stage to empty the bottle [...]
Hunt warns China of ‘serious consequences’ over Hong Kong July 4, 2019 Foreign secretary Jeremy Hunt toughened his stance on China today over the Hong Kong protests, warning the superpower there would be “serious consequences” for breaking an agreement guarding citizens’ rights and freedoms. Hunt warned he would not simply “gulp and move on” if China breached a joint declaration dating back to 1984. “It’s very important [...]
MJ Gleeson records 25 per cent jump in new home numbers July 4, 2019 Shares rose at housebuilder MJ Gleeson today as it recorded a 25 per cent jump in the number of completed homes for this financial year. Read more: MJ Gleeson CEO: Our customers don’t give a damn about Brexit The affordable homes builder told investors it has built 1,529 homes for the year ending 30 June, [...]
Primark owner blames sales drop on ‘unseasonable’ weather July 4, 2019 Primark sales rose four per cent above last year’s level for the year to date, owner Associated British Foods (ABF) said today. Read more: Primark sales soar but sugar sales drop at owner ABF However, like-for-like sales actually fell in the 40 weeks to 22 June, with the sales boost coming largely from new stores. [...]
MEPs pick Italian as new European parliament president July 3, 2019 The European parliament named an Italian social democrat as its new president today to complete a raft of new appointments to fill the highest-ranking roles in the EU. Read more: Meet the neighbours: Christine Lagarde set to front new-look EU leadership David Sassoli, 63, beat three German, Spanish and Czech candidates to the role, which [...]