UK private sector output suffers worst fall in over three years November 22, 2019 The UK’s private sector suffered its sharpest fall in output in over three years this month, according to new survey data, as the huge services sector shrank. A lack of clarity over Brexit and fresh uncertainty due to the General Election weighed on growth, said respondents to the survey by data firm IHS Markit and [...]
Eurozone PMI: Economy stagnates as German services sector plummets November 22, 2019 The Eurozone economy remained close to stagnation in November as activity sank to a two-month low. The bloc’s economy barely registered growth, hitting a measure of 50.3 on IHS Markit’s closely followed Flash Eurozone Purchasing Managers; Index (PMI). Read more: Pound slips as UK private sector suffers worst fall since 2016Read more: How the pound [...]
General Election 2019: Twitter ban on political ads comes into effect November 22, 2019 Today is the first day of Twitter’s political ad ban, less than a month out from the general election and a year ahead of the 2020 US presidential election. The social media firm revealed last week that it’s ban would include all mentions of political candidates and legislation. All three leading parties – Conservatives, Labour [...]
Tesla CEO Elon Musk unveils his Cybertruck, but it’s already the butt of jokes November 22, 2019 Tesla has lifted the curtain on its “Cybertruck” pickup vehicle, but Elon Musk was left red-faced when the truck’s windows were smashed during a demo meant to prove their toughness. The billionaire could be heard swearing on stage before telling his audience there was “room for improvement”. Read more: Brexit has cost Britain a Gigafactory, [...]
Property focus on Sloane Square: This 1980s hotspot is experiencing a revival November 22, 2019 It may be famed for being the social epicentre for the young and blue-blooded in the 1980s, having lent its name to the Sloane Ranger set which included Princess Diana and Sarah Ferguson. But the area around Sloane Square is now getting a modern makeover – and vying with other parts of Chelsea and Mayfair [...]
The hubristic Lib Dems flew too close to the electoral sun November 22, 2019 Of all the Greek myths, the most famous is probably the story of Icarus, the boy who flew too close to the sun. Gifted with ingeniously crafted wings, he was warned that flying too high would risk melting the wax that held them together. Reckless and overconfident, Icarus found his wings disintegrating mid-air, and met [...]
DEBATE: Should billionaires consider fleeing the country if Jeremy Corbyn gets into power? November 22, 2019 Should billionaires consider fleeing the country if Jeremy Corbyn gets into power? Craig Kemsley, head of tax at Calibrate Law, says YES. An exodus of wealth creators from the UK is already well under way, and Labour’s tax plans would only catalyse this phenomenon if the party got into office. Despite Labour’s claims that the [...]
Want to win an election? Throw the kitchen sink at your opponent November 22, 2019 The received wisdom goes that campaign messages should be as to-the-point as possible. “Keep it simple, stupid” originated in engineering, but it is credited with Barack Obama’s 2008 “change” message and Vote Leave’s successful “take back control” campaign in 2016. Certainly, both the main parties in this election seem to be sticking to this principle, [...]
Interest in UK tech jobs wanes as top talent flocks to Europe November 22, 2019 Desire among jobseekers to find work in the UK tech sector has declined over the last two years while other European countries have benefited from a surge in interest, new data has revealed. Searches for jobs in Britain’s tech sector slipped three per cent between the first half of 2017 and the first half of [...]
Wetherspoons shareholders back Tim Martin after corporate governance row November 21, 2019 Outspoken JD Wetherspoon boss Tim Martin has emerged victorious from his clash with a proxy adviser after shareholders voted overwhelmingly in his support. More than 98 per cent of investors voted to re-elect Martin, who founded the company in 1979, as executive chairman at the budget pub chain’s annual general meeting today. Read more: Wetherspoons [...]