Report: Probe into VIP Westminster paedophile ring caused by ‘poor judgement’ October 4, 2019 A Met Police probe into claims of a Westminster VIP paedophile ring was caused by “poor judgement”, according to a new report. Scotland Yard searches of the homes belonging to wrongly-accused suspects in a paedophile case were “unlawful”, a review by retired High Court judge Sir Richard Henriques has concluded. Read more: Poll – Sterling [...]
New car sales edge up after torrid year October 4, 2019 New car sales climbed in the 12 months to September, as manufacturers recovered slightly following a turbulent spell of trading last year. According to SMMT new car sales rose 1.3 per cent year-on-year to September, marking the first rise since February. However, 2019 was the second weakest September – after 2018 – for new car [...]
FTSE 100 heading for worst week in three years October 4, 2019 THE FTSE 100 is braced for its worst week in more than three years following a mass investor sell-off in the wake of mounting global uncertainty. The blue-chip index, which edged up 0.3 per cent this morning, has shed roughly 4.7 per cent in value over the last week. Read more: Trump says he wants [...]
Hong Kong: Government bans face masks in protest crackdown October 4, 2019 The leader of Hong Kong has banned face masks as the clashes between protesters and police intensify. Chief executive Carrie Lam has deployed emergency powers to prevent activists from masking their faces at demonstrations in the latest crackdown on pro-democracy protesters. Read more: Hong Kong – police charge protester shot by officer The colonial-era emergency [...]
UK still an attractive place to invest despite Brexit uncertainty, report finds October 4, 2019 The UK has retained its position as one of the world’s leading hubs for business, according to a new report which suggest investors have taken a ‘wait-and-see’ approach towards Brexit. In a comprehensive global index released this morning, the UK was ranked as one of the best global hubs for business, scoring highly for its [...]
Sterling breaks past $1.24 to push FTSE 100 deeper into red October 3, 2019 The pound jumped higher in trading this afternoon, pushing the FTSE 100 closer to the 7,000 mark. Sterling has climbed 0.9 per cent against the dollar, breaking past $1.24 for the first time in more than a week. Read more: Global stock markets bleed red The FTSE 100 has suffered further losses, edging down by [...]
UK weather: Coasts braced for ex-hurricane storm Lorenzo October 3, 2019 The UK is set for heavy rainfall and gales today as it braces itself for stormy weather from anticipated remnants of Hurricane Lorenzo. A number of yellow wind warnings for parts of England and Northern Ireland have been released by the Met office ahead of the storm’s arrival, which is set to bring winds up [...]
Metro Bank share price makes further gains after successful bond sale and Vernon Hill exit October 3, 2019 Metro Bank’s share price recovered further gains in its share price this morning following a busy day involving the departure of its controversial chairman and a successful bond sale. Shares in the under-fire lender rose more than five per cent to 240p after the bell this morning, adding to a 26 per cent rise during [...]
FTSE 100 losses deepen as investor jitters over world economy linger October 3, 2019 Stock market losses deepened this morning, as investor fears of a global slowdown lingered following a major sell-off yesterday. Concerns over the state of the world economy have driven trading jitters this week, with the FTSE 100 the worst-hit index amid mounting Brexit uncertainty. The blue chip index fell 0.3 per cent per cent to [...]
Metro Bank shares jump after new bond deal and departure of chairman Vernon Hill October 2, 2019 Metro Bank’s share price jumped in trading today after the embattled lender revealed the succesful relaunch of a £250m bond issue and the planned departure of chairman Vernon Hill. Shares in the group climbed 30 per cent to 234p in trading this afternoon as investors reacted to the firm’s double announcement. The challenger bank had [...]
