Carr’s Group sees profits slip as it blames Brexit uncertainty and mild weather April 15, 2019 Profits slipped at farming supplies firm Carr’s Group in the first half of its financial year, it revealed today, as it withstood Brexit uncertainty and mild weather to stay on track with full-year expectations. The figures Profit before tax fell 2.6 per cent to £10.3m in the six months to the start of March, compared [...]
London house prices rise as estate agents predict Brexit delay will spur demand for family homes April 15, 2019 London house prices ticked up this month as sellers raised their expectations as demand from families combined with a Brexit delay for an anticipated spring bounce. Read more: Brexit uncertainty will drag down London house prices over 2019 The average price of new-to-the-market homes saw their largest April rise since 2015, growing 1.1 per cent [...]
Brexit party: Nigel Farage launches new pro-Leave party with Jacob Rees-Mogg’s sister as MEP candidate April 12, 2019 Nigel Farage today launched his Brexit party as the UK prepare for the prospect of taking part in European elections three years after voting to leave the EU. Read more: CBI boss backs 2nd Brexit referendum if MPs can't 'get their act together' Jacob Rees-Mogg’s sister, Annunziata Rees-Mogg, was confirmed as the new party’s first [...]
Tokyo court extends Ghosn detention to give police more time to file charges after re-arrest April 12, 2019 Police have an extra eight days to question ex-Nissan boss Carlos Ghosn after Tokyo District Court extended his detention period today. It gives prosecutors until 22 April to file formal charges against the car industry magnate, after he was arrested for the fourth time last week. Ghosn was re-arrested on suspicion of creating $5m (£3.8m) [...]
Bonmarche fights back against Philip Day’s £5.7m takeover bid April 12, 2019 Bonmarche today hit back at a cut-price takeover bid from entrepreneur Philip Day, saying it “materially undervalues” the struggling retailer’s future prospects. The French-themed fashion chain urged shareholders to take no action on the 11.445p-per-share offer from Day’s Dubai-registered Spectre Group. Read more: Bonmarche jobs and stores set to go in cut-price rescue deal The [...]
Theresa May vows to seek ‘orderly’ Brexit as she urges MPs to work together to strike a deal April 11, 2019 Prime Minister Theresa May has called on MPs to work together to break parliament’s Brexit deadlock after the Easter break. Read more: Spooky: Why sterling refuses to rise after Halloween Brexit delay The EU handed the UK a second extension to Article 50 yesterday to take the UK up to 31 October, averting a potential [...]
London house prices: Brexit uncertainty to send property prices dropping over 2019 April 11, 2019 Brexit uncertainty is weighing heavily on London and the south east’s housing markets as house prices are expected to continue to drop over the next 12 months. Read more: Steep London house price drop drags back UK housing market Buyer demand is dropping with new enquiries falling for the eighth month in a row, according [...]
WH Smith profits suffer after £155m purchase of US airport store In Motion April 11, 2019 WH Smith suffered a huge drop in profit in its half year as the costs of its purchase of US airport retailer In Motion grounded its bottom line. The figures Group revenue grew eight per cent year on year to £695m for the six months to the end of February as the stationery chain relied [...]
Scientists capture the very first image of a black hole April 10, 2019 The very first image of a black hole was published today after scientists across the world worked together to capture a picture of the celestial object from which no light can escape. Read more: Back to the future: UK scientists build an AI-powered driverless Mars robot The milestone means the world finally has visual evidence [...]
Tesco doubles dividend as profits surge 30 per cent after turnaround success April 10, 2019 Tesco boosted profits by almost 30 per cent in 2018 as it beat expectations, leading the supermarket to almost double its dividend as its chief executive revealed the supermarket has met the “vast majority” of its turnaround goals since its 2014 accounting scandal. The figures Pre-tax profits rose 28.8 per cent year on year to [...]
