FTSE 100 rallies on trader optimism over US-China deal November 19, 2019 European stock markets rallied this morning as investors reacted well to news from the US-China trade talks. Britain’s FTSE 100 was 1.21 per cent higher at midday, while the German Dax had risen 1.01 per cent. The pan-European Euronext 100 was 0.27 per cent higher. Read more: Donald Trump defends China trade war but says [...]
ITV General Election debate: Three issues that could decide the winner November 19, 2019 Boris Johnson will go head-to-head with Labour leader Jeremy Corbyn tonight in the ITV General Election debate – the first of several televised clashes between the pair. The showdown will air at at 8pm on ITV and will have three key issues to watch out for. Read more: General Election: Boris Johnson accuses Jeremy Corbyn [...]
UK manufacturing sector continues decline despite some signs of life November 19, 2019 UK manufacturing output continued to fall in November, a closely-watched survey has shown, but there were signs that the sector’s fortunes could be improving. Orders picked up by more than expected from the decade low seen in October. But they stayed well below their historical average, the CBI said in its latest industrial trends survey. [...]
General Election 2019: Boris Johnson accuses Jeremy Corbyn of ‘ducking’ Brexit ahead of TV debate November 19, 2019 Boris Johnson has accused Jeremy Corbyn of “ducking” Brexit, ahead of the pair’s first TV debate in this General Election. In a letter to the Labour leader, the Prime Minister called on his rival to explain his position on a second EU referendum, and whether he would back Leave or Remain should the matter come [...]
Dame Jayne-Anne Gadhia’s fintech startup Snoop gets watchdog approval November 19, 2019 Fintech startup Snoop, launched by ex-Virgin Money boss Dame Jayne-Anne Gadhia, has won approval from the UK’s financial watchdog to handle customer data, a key step in the company’s ambitions. Snoop is an app that pledges to use consumer’s financial data to deliver “personalised insights to help consumers avoid rip-offs and make the most of [...]
Party leaders bid to charm top bosses at CBI bash November 19, 2019 The election campaign intruded on the CBI’s annual conference yesterday, making the event even more political and even less about business than it otherwise would have been. That said, the topics slotted into the agenda around the political speeches focused mostly on climate change, inequality, profit with purpose (Justin Welby was on stage for that) [...]
DEBATE: Who has the most to gain from tonight’s TV debate? November 19, 2019 Who has the most to gain from tonight’s TV debate: Boris Johnson or Jeremy Corbyn? Lauren McEvatt, managing director at Morpeth Consulting, says BORIS JOHNSON. The spectre of Theresa May’s decision to dodge the debate in 2017 looms in the minds of Conservative strategists. It was a move that proved her poor leadership. Just taking [...]
The economy is slowing – can central bankers fight the next downturn? November 19, 2019 The global economy has not had a good year, to put it mildly. Trade-war uncertainty and Chinese weakness have taken a heavy toll, with growth in 2019 set to be the worst since the financial crisis, according to the International Monetary Fund. Such an environment has produced many doomsters and gloomsters, to use Boris Johnson’s [...]
Power to the People: What’s really behind the People’s Vote power struggle November 18, 2019 The bitter row among rival factions in the People’s Vote campaign ostensibly came to an end last week when controversial chairman Roland Rudd resigned. Rudd, also chairman of PR firm Finsbury, faced three weeks of public insurrection from staff after sacking People’s Vote director James McGrory and communications chief Tom Baldwin in what was described as a “boardroom coup”. Read more: [...]
Jo Swinson says Lib Dems are new ‘party of business’ November 18, 2019 Jo Swinson has said the Liberal Democrats are now the “natural party of business” as she lambasted the economic policies and Brexit stances of the Conservatives and Labour. The third party leader to address the CBI conference in London today, Swinson said her controversial policy to revoke Brexit would allow a Lib Dem government to [...]