More than half of Corbyn backers say British spies are conspiring against the Labour leader September 4, 2016 More than half of Jeremy Corbyn supporters believe that British spies are working to undermine the Labour leader, according to new figures. Unite general secretary Len McCluskey suggested in late June that intelligence agencies could be using “dark arts” against the current Labour leadership. And now the latest polling figures show the idea has become [...]
Australian PM Malcolm Turnbull says he is “very committed” to a rapid free trade deal with the UK September 4, 2016 Australian Prime Minister Malcolm Turnbull has said Britain and Australia are both “very committed” to an early free trade deal in the aftermath of Brexit. Speaking at the G20 in China, Turnbull said both sides are keen to secure open markets. “They've got to put in place free trade agreements and we are enthusiastic and [...]
Japan warns that its banks, carmakers and pharmaceuticals firms could seek their own Brexit September 4, 2016 NULL
Prime Minister Theresa May has warned that the UK’s economy faces “difficult times” in the aftermath of Brexit September 4, 2016 NULL
Prime Minister Theresa May has warned the UK’s economy faces “difficult times” in the aftermath of Brexit September 4, 2016 Britain's economy faces "difficult times" Prime Minister Theresa May has cautioned, despite signs of a rebound in the aftermath of the UK's Brexit vote. Last week saw a number of positive economic figures, including a substantial recovery in manufacturing after the June referendum. However, speaking to reporters in China, May predicted the vote would damage the economy, [...]
Business confidence dramatically recovered in August, after plummeting in the aftermath of the Brexit vote September 2, 2016 Business confidence dramatically recovered in August according to new polling figures, but concerns remain on the broader direction of the economy. Just one day after the government was boosted by reports of a huge return in manufacturing, new YouGov figures also show confidence returning. According to the pollster's figures, while business confidence remains below levels [...]
A free market think tank has joined calls to scrap “inefficient” corporation tax September 2, 2016 Margaret Thatcher's favourite think tank has joined calls to abolish corporation tax, blasting the failure of politicians to grasp the impact of the charge. The free market backing Institute of Economic Affairs said long overdue reform of the system has been held back by a “fiction” that the bill is foot by companies, instead of [...]
Smith & Wesson has hiked full year forecasts as it processes two new acquisitions September 1, 2016 Smith & Wesson beat projections with a strong set of quarterly results last night, while boosting its full year forecasts following a pair of acquisitions. The Massachusetts business lifted its full year earnings forecast up from a previous outlook of up to $1.93 per share to a new ceiling of $2.48 per share, equivalent to $2.2bn (£1.6bn). [...]
Bye bye Brexit slump? Pound jumps on surprise rebound in manufacturing and improved confidence among British businesses September 1, 2016 Britain's post-referendum prospects received a shot in the arm yesterday as new figures revealed a rebound in manufacturing, causing the pound to rise sharply against the dollar. Growth in UK manufacturing smashed expectations in August, suggesting that the sector has weathered the Brexit storm. And new polling figures out on Friday will show that business confidence recovered [...]
Lululemon has seen its shares nosedive after falling just short of predictions for the second quarter September 1, 2016 Yoga apparel maker Lululemon saw its shares nosedive in late trading last night after it fell just short of expectations for the second quarter of 2016, while also posting a cautious forecast for the full year. Shares dropped eight per cent in extended trading to $70.30 after the firm revealed quarterly earnings of $514.5m (£387.7m). According to Yahoo [...]