Boris Johnson’s parliament prorogation generates huge backlash August 29, 2019 A petition against proroguing parliament has gathered more than 1m signatures as Prime Minister Boris Johnson faces an angry revolt over his move. Thousands of protesters gathered outside parliament and Downing Street yesterday evening to voice their anger against the prorogation. Read more: Boris’ Brexit blindside: What the hell just happened? Demonstrators called the decision [...]
Donald Trump: Boris Johnson is ‘exactly what the UK has been looking for’ August 28, 2019 President Donald Trump has called any bid by Labour leader Jeremy Corbyn to oust Boris Johnson from Downing Street “very hard” after the Prime Minister set out plans to suspend parliament ahead of Brexit. Trump added that Johnson is “exactly what the U.K. has been looking for” as he praised the Tory PM as the [...]
Loungers enjoys ‘strong momentum’ as it narrows losses post-IPO August 28, 2019 Cafe and bar operator Loungers has narrowed its losses to £4.9m as revenues rocketed in its maiden set of results since becoming a public company. Read more: London’s junior stock market Aim sees fewest IPOs in 10 years The figures Loungers booked a £4.9m pre-tax loss for the year ending in April, it revealed today. [...]
To Infinity and beyond: Ted Baker seals deal to expand into Japan August 28, 2019 Ted Baker has inked a deal to sell its goods to Japanese department stores from October, telling investors it should offer an instant, if marginal, bump to its bottom line. Read more: Ted Baker finance boss bags new role at Mulberry The tie-up sees the retailer appoint Sojitz Infinity as its Japanese retail licence partner [...]
Notting Hill Carnival 2019: Police arrest 353 people at annual celebration August 27, 2019 The Metropolitan Police made 353 arrests at Notting Hill Carnival 2019 over the weekend as they warned that a small number of people “attempted to ruin the event” for other revellers. Notting Hill Carnival came to a conclusion yesterday after two days of celebrations in the capital. Read more: Notting Hill Carnival 2019: Everything you [...]
Major investor swallows £41m of Carpetright’s huge debt pile August 27, 2019 One of Carpetright’s largest shareholders has paid to take on £40.7m of the retailer’s debt, sending shares surging. Meditor European Master Fund has underwritten a loan from Natwest and Ulster Bank to the carpet company to keep its revolving credit facility active. Read more: Carpetright shares buoyed as turnaround plan remains on track Carpetright’s share [...]
Government ‘knew for years’ that HS2 will blow its budget August 27, 2019 The government has known for years that HS2, Britain’s controversial new high speed railway, is running over budget and behind schedule, it is reported. The Department for Transport (DfT) and HS2’s managers knew at least as early as 2016 about the project’s troubled outlook, according to documents seen by the BBC. Read more: Why it’s [...]
Boris Johnson warns civil servants against ‘complacency’ over no-deal Brexit August 9, 2019 Boris Johnson has warned the civil service that there are “no grounds for complacency” as the UK rushes to prepare itself for the possibility of a no-deal Brexit. The Prime Minister sent a letter to all civil servants today telling them that “preparing urgently and rapidly for the possibility of an exit without a deal [...]
Family ‘incredibly proud’ of police officer’s bravery in Leyton machete attack August 9, 2019 The family of a police officer injured in a horrifying machete attack in Leyton earlier this week have said they are “incredibly proud” of his bravery. PC Stuart Outten is in a stable condition in hospital recovering from his injuries after Tasering his attacker, who stabbed him in the head and body. Read more: Enough [...]
Bayer share price surges amid report it could settle Roundup weedkiller lawsuits for $8bn August 9, 2019 Bayer’s share price rocketed by as much as 11 per cent today as a report emerged that the German giant had proposed to pay $8bn (£6.59bn) to settle 18,000 lawsuits relating to its Roundup weedkiller. Read more: Judge reduces Bayer weedkiller damages Bayer later trimmed gains back to 5.8 per cent on Germany’s Dax stock [...]
