Boris Johnson rejects Nigel Farage offer of election pact as it increases ‘risk’ of Jeremy Corbyn becoming Prime Minister November 2, 2019 Prime Minister Boris Johnson has rejected an offer from Nigel Farage to work with the Brexit Party during the general election. Farage had called on Johnson to drop his Brexit deal, seek a free trade deal with the EU and “build a Leave alliance” with his party or face a candidate from the Brexit Party [...]
S&P 500 and Nasdaq hit record highs on better-than-expected US jobs data and renewed optimism of trade war truce November 2, 2019 The S&P 500 and Nasdaq finished Friday at a record high following data better-than-expected US jobs growth data and fresh optimisim the US and China would cease their trade war. The S&P 500 rose by 0.97 per cent to 3,066.91 and peaked at a record high of 3,066.95 during Friday’s session, despite another weak reading [...]
Chelsea v Manchester United: Lampard showing Solskjaer how to succeed with a blend of youth and experience October 29, 2019 When a strike from Daniel James deflected into the back of Chelsea’s net to put Manchester United 4-0 up at Old Trafford in August, the road to rejuvenating his new side looked like being a long one for Frank Lampard. But just two and a half months on from that defeat on the opening weekend [...]
United States Grand Prix key part of Liberty Media’s grand plan for Formula One expansion October 29, 2019 Formula One returns to Austin, Texas this weekend for the United States Grand Prix, a race with a growing symbolic significance for owner Liberty Media’s ambitions for the sport. An exciting track designed specifically for F1 by German engineer Hermann Tilke, it is one of only five anti-clockwise circuits on the calendar and has seen [...]
Microsoft beats Amazon to Pentagon’s $10bn cloud computing contract October 26, 2019 Microsoft has won a cloud-computing contract from the Pentagon worth $10bn (£8bn). The contract is for the Joint Enterprise Defence Infrastructure, dubbed Jedi, is for a 10-year period. Read more: Cloud computing drives Microsoft revenue up The project is aimed at making the US defence department more technologically agile. Amazon had been favourites for the [...]
Addison Lee lenders ‘circle’ taxi giant as sale effort continues October 26, 2019 Addison Lee has insisted it expects “a successful conclusion” to the “ongoing” sale process despite reports that its lenders are preparing to take control of the London taxi company. A syndicate of a dozen banks led by ING have drafted in advisers from Alvarez & Marsal (A&M) to consider their options, according to Sky News, [...]
Government denies report it will seek to weaken workers’ rights after Brexit October 26, 2019 The government has denied a report that it will seek to weaken workers’ rights after the UK leaves the EU. The Financial Times published extracts of leaked documents from the department for exiting the European Union on saturday, which said a “level playing field” commitment to the EU “leaves room for interpretation”. Read more: Sajid [...]
Asda rejects request to remove sack threat for thousands over compulsory contracts October 26, 2019 Asda has rejected a last-minute request from trade unions to remove the threat of dismal for thousands of staff if they fail to sign a compulsory contract by the end of next week. The GMB union has predicted that up to 12,000 of the more than 100,000 employee affected could lose their jobs because they [...]
Oil prices post 5 per cent gains for the week as US-China trade talks progress October 26, 2019 Oil prices ended Friday up and registered the strongest weekly gains in more than a month. Brent crude rose by 0.6 per cent to finish on $62.02 per barrel with a weekly gain of 4.0 per cent. Read more: Is oil’s relationship with energy stocks slipping? WTI crude futures finished the day 0.8 per cent [...]
Essex lorry deaths: Vietnamese group give police photos of 20 missing people October 26, 2019 A UK-based Vietnamese community has provided the police with photos of around 20 people reported missing by families since 39 were found dead in a lorry in Essex. The group’s website, Viethome, has asked the relatives not to share the images online after sharing with police. Read more: Essex lorry deaths: Post-mortem examinations to begin [...]
