Brexit: Donald Tusk hints EU could back 12-month flexible Article 50 delay April 5, 2019 European Council president Donald Tusk is set to offer the UK a 12-month delay to Brexit, it is reported. Read more: House of Commons sitting suspended due to water leak Tusk would make this a “flexible” extension that allows the UK to quit the EU before the year is up if parliament agrees a deal, [...]
Swedbank chair steps down immediately amid money laundering probe April 5, 2019 The chair of under-fire Swedbank has decided to leave the role with immediate effect amid money laundering allegations directed against the bank. Read more: Swedbank chief executive fired amid money laundering claims Lars Idermark has stepped down as authorities probe allegations of money laundering in the Baltics. “Following recent strong debate about Swedbank and questions [...]
Brexit uncertainty has cost the UK economy £66bn, says S&P April 4, 2019 Brexit has cost the UK economy £66bn in lost growth, according to ratings agency S&P. Had the UK voted to remain in the EU in 2016s referendum the economy would have been three per cent larger by the end of 2018, the group’s report said. Read more: Brexit delay wins MPs' support by a margin [...]
Ethiopian Airlines pilot not at fault in fatal Boeing 737 Max crash, investigators say April 4, 2019 The pilot flying the doomed Ethiopian Airlines Boeing 737 Max flight was not at fault when the plane crashed, killing everyone on board, a preliminary report has found. Read more: Tui warns of €200m hit after grounding of Boeing 737 Max jets Ethiopia’s official report, released today, found pilots followed all correct procedures but were [...]
Tesla shares fall in pre-market trading as Elon Musk’s firm suffers huge quarterly drop in car deliveries April 4, 2019 Tesla’s share price looks set for a significant fall when the Nasdaq opens this afternoon, after the electric car giant told investors its car deliveries have suffered a record quarterly drop. Shares declined almost eight per cent in pre-market trading to $269.77 from yesterday’s close of $291.81 after the overnight update. Read more: Elon Musk [...]
Hancock says no-deal Brexit ‘highly unlikely’ as May attempts to reach cross-party withdrawal agreement with Labour April 4, 2019 Health secretary Matt Hancock today said a no-deal Brexit is “very unlikely” as the Prime Minister attempts to seal a Brexit deal with Labour. Read more: Police warn MPs and campaigners not to inflame Brexit tensions Hancock said securing the support of Labour MPs in the Commons was the only likelihood of Theresa May getting [...]
Ethiopian Airlines pilot not at fault in fatal Boeing 737 Max crash, investigators say April 4, 2019 The pilot flying the doomed Ethiopian Airlines Boeing 737 Max flight was not at fault when the plane crashed, killing everyone on board, a preliminary report has found. Read more: Tui warns of €200m hit after grounding of Boeing 737 Max jets Ethiopia’s official report, released today, found pilots followed all correct procedures but were [...]
May and Corbyn continue talks as MPs back Brexit delay bill by a single vote April 4, 2019 Theresa May and Jeremy Corbyn will hold more meetings today to thrash out a Brexit compromise after MPs narrowly passed a law instructing the Prime Minister to ask for a delay to the UK’s withdrawal from the EU. Read more: John Bercow delivers casting vote in historic tie on Commons Brexit plan In a dramatic [...]
AO World spends £15m on Brexit stockpiling as founder returns as CEO April 4, 2019 Electrical retailer AO World today warned investors it expects to take a £2.5m hit this year as it shakes up its management team in the wake of John Roberts’ return as chief executive. Read more: AO World’s chief executive departs with founder returning to the role The exceptional costs for the 12 months to the [...]
Tube delays: Commuters face disruption on key London Underground lines April 4, 2019 Commuters were facing havoc on London’s Tube this morning with three lines hit by delays and track suspensions. Read more: This London Tube map shows the busiest times at stations in the morning No trains were running between Aldgate and Edgware Road via Embankment on the clockwise Circle Line route due to a signal failure [...]
