From whips to shadow ministers: All the Labour MPs who voted against the government’s Brexit Bill February 8, 2017 Five extra Labour MPs rebelled at the third reading of the government's Article 50 Bill, but they weren't enough to stop the House of Commons overwhelmingly voting in favour of giving Theresa May the power to trigger Article 50. Geraint Davies, Kate Green, Clive Lewis (who resigned from the frontbench today), Alison McGovern and Chi [...]
MPs give final approval to Theresa May’s Brexit Bill to kick off the process of leaving the European Union February 8, 2017 The House of Commons has voted to approve the unamended Article 50 Bill in a historic night in Westminster. MPs voted 494 to 122 in favour of the Bill being passed on for scrutiny in the House of Lords. Labour and Conservative MPs were under strict orders to back the Article 50 Bill, although both [...]
Labour shadow business secretary Clive Lewis quits frontbench to vote against Article 50 Bill February 8, 2017 Shadow business secretary Clive Lewis MP has announced his resignation from the Labour shadow cabinet, saying he could not back the government's Brexit Bill. He said: “When I became the MP for Norwich South, I promised my constituents I would be ‘Norwich’s voice in Westminster, not Westminster’s voice in Norwich’. I therefore cannot, in all good conscience, [...]
McLaren’s opening a £50m supercar chassis facility in Sheffield February 8, 2017 Supercar maker McLaren is revving up the UK's manufacturing credentials with the announcement it's moving production of carbon fire chassis from Austria to the UK. It's moving into Sheffield with a £50m investment in manufacturing facilities, creating 200 jobs in the process, as the firm looks to launch a production facility next to the University [...]
Retailers look further afield to tackle lettuce crisis after vegetable shortage hits supermarkets February 8, 2017 The lettuce crisis (yes it has really been called that) has taken hold to such an extent that retailers are frantically searching for other options. The UK relies on a range of growers across southern Europe for its veg stocks in the winter, but some extreme weather has meant extremely bare supermarket shelves after the harvest [...]
Boeing pens letter to MPs to hit back at Airbus claims it would relish Brexit fallout February 8, 2017 Boeing has hit back at warnings raised by Airbus over the potential negative impact of Brexit to its business, and its American rival being keen to take advantage. Airbus' chief operating officer Tom Williams had given evidence to the Treasury Select Committee last month, saying it would be "pretty scary" if Airbus wasn't able to operate a [...]
Locals lose out as Severn Trent’s Dee Valley Water takeover gets the go-ahead from the High Court February 8, 2017 Locals' attempts to thwart the takeover of a Welsh water company have failed after Severn Trent's bid to pick up Dee Valley Water has been given the go-ahead in the High Court. The court decided the £84m deal by the FTSE 100 firm, initially agreed on back in November, could go ahead. However, it adjourned until 10 [...]
“Serious questions” over mayor Sadiq Khan’s ability to balance the books as TfL fares income is down £90m February 8, 2017 The mayor has come in for criticism after Transport for London (TfL) revealed a £90m shortfall in income for the year to date against budget, pointing to fewer passenger journeys. Figures released at the February TfL meeting revealed income shortfalls across all forms of transport, with overall fares income down £90m against budget, "driven by [...]
Strong dollar starts to bite on Mondelez sales outside of the US as revenue falls 8.1 per cent February 7, 2017 Mondelez International, the maker of Oreos and Cadbury chocolate, reported a slump in holiday-quarter sales and profit due to a strong dollar. The figures Net revenue fell 8.1 per cent to $6.77bn in the quarter. Analysts on average had expected revenue of $6.89bn, according to Thomson Reuters estimates. The strong pound hit the value of [...]
Disney revenue slides as it fails to find blockbuster success of last year’s Star Wars: The Force Awakens February 7, 2017 The Walt Disney company reported quarterly earnings that topped analysts' expectations, though revenue fell short of Wall Street estimates. The figures The firm posted first-quarter earnings per share of $1.55 on $14.78bn in revenue. Analysts had expected first-quarter earnings of $1.49 per share on $15.26bn in revenue, according to Thomson Reuters consensus estimates. At the [...]
