Hong Kong abandons £32bn bid for London Stock Exchange October 8, 2019 Shares in the London Stock Exchange (LSE) dropped as much as six per cent today after Hong Kong Exchanges and Clearing (HKEX) confirmed it has abandoned its audacious £32bn takeover bid. “HKEX confirms that it does not intend to make an offer for LSE,” it told the market on open. Read more: Shareholders tell HKEX [...]
Recruiter Robert Walters would prefer a no-deal Brexit to more uncertainty as profits sink October 8, 2019 Recruiter Robert Walters’ blamed a “cocktail of confusion” for a profit warning today, as UK revenues dropped 11 per cent on the back of Brexit uncertainty and a darkening global economic outlook. However, chief executive Robert Walters insisted the UK economy is not yet in the doldrums, and said a no-deal Brexit would be better [...]
Easyjet share price dips despite profit on track to hit £430m October 8, 2019 Easyjet today predicted it will hit upper profit guidance of up to £430m for its full year, despite rising costs. The airline said profits would hit between £420m and £430m in profit before tax in a trading update today, just off its £440m upper range prediction. Read more: COO comes in as Easyjet hails ‘robust’ [...]
Prime Minister Boris Johnson denounces Extinction Rebellion as ‘uncooperative crusties’ October 8, 2019 Prime Minister Boris Johnson has denounced Extinction Rebellion protesters as “uncooperative crusties” who must leave London’s streets alone. Johnson called on activists to leave their “hemp-smelling bivouacs” and stop blocking key London locations, as demonstrators prepare to dig in for two weeks of protests in the capital. Read more: Map: Where is Extinction Rebellion protesting [...]
Extinction Rebellion London protests live: Police arrest 135 people over climate change protests October 7, 2019 Climate protests Day 1 round-up The Metropolitan Police has confirmed that at least 217 arrests have been made after Extinction Rebellion protesters caused chaos in the capital. Groups of protesters set up tents and a gazebo, blocking the road outside the Home Office in Westminster. Londoners have been warned of further disruption as the climate [...]
Brexit: Macron says EU could decide on Boris Johnson’s ‘final’ offer by end of this week October 7, 2019 French President Emmanuel Macron has said the EU could make a decision on Prime Minister Boris Johnson’s Brexit proposals by the end of the week. Discussions between the two leaders yesterday saw Macron urge Johnson to engage in further discussions with the EU “swiftly” in order for the bloc to decide on the PM’s proposals [...]
De La Rue appoints ‘turnaround specialist’ Clive Vacher as new CEO October 7, 2019 British banknote printer De La Rue has announced former Rolls-Royce executive and turnaround expert Clive Vacher as its new boss today. Vacher was previously in charge of Dynex Power and has a background in the engineering space, working at the likes of Rolls-Royce, General Dynamics, B/E Aerospace and Pratt and Whitney. De La Rue chairman [...]
This is the most affordable place to buy a home on the Victoria Line October 5, 2019 With 36 trains an hour running from Brixton to Walthamstow and boasting a major travel hub, the Victoria Line is one of the best Tube lines to live on if you work in London. But steep house prices make that almost impossible, with the average house price on the Victoria Line costing £807,783. Read more: [...]
Brexit ‘is not Mission Impossible’, says Ireland minister October 4, 2019 Brexit is not “mission impossible” and a deal between the UK and EU can be made, according to Irish foreign minister Simon Coveney. Coveney had earlier said Prime Minister Boris Johnson’s “final offer” on Brexit had fallen short of the Irish backstop. Read more: Economists predict how much the pound will spike if UK agrees [...]
Dame Helena Morrissey to quit Legal & General Investment Management October 4, 2019 City superstar Dame Helena Morrissey has quit Legal & General Investment Management (LGIM) after almost two and a half years at the company. Read more: Could Dame Helena Morrissey be the next Bank of England boss? Morrissey, a vocal advocate of Brexit, said she has “a lot of ideas” she wishes to pursue in a [...]
