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 [...]
Rising UK recession risk frightens businesses October 4, 2019 The spectre of recession is looming over the British economy with the country’s huge services sector having contracted in September, according to closely-watched survey data from yesterday. Read more: UK recession alarm bells ring as UK service sector contracts The sector – which makes up about 80 per cent of the UK economy – saw [...]
Sajid Javid: Why politics can learn from City meritocracy October 4, 2019 Sajid Javid retains a great affection for the City, describing it as a true meritocracy where all that really matters is how good you are at your job. Westminster, he adds, could learn a thing or two from the City’s efforts to promote and increase diversity. Read more: Sajid Javid pledges to raise National Living [...]
Doom and gloom: Small businesses suffering from ‘dogged lack of confidence’ amid Brexit uncertainty October 4, 2019 More small companies are glum about their business prospects than at any time in the last five years, as calls for a Brexit deal ratchet up. Butchers, bakers and cafes up and down Britain have called on the government to clinch a deal with the EU to end a “dogged lack of confidence” among small [...]
Worst September in eight years for high street sales October 4, 2019 Last month was the worst September on the high street in eight years as sales in bricks and mortar stores plummeted. Total like-for-like in-store sales fell by 3.1 per cent last month from a base of minus 2.7 per cent last year, making it the worst September on the high street since 2011, according to [...]
Eight arrested after Extinction Rebellion loses control of fake blood fire hose October 3, 2019 Police said they have arrested eight people after climate change protesters sprayed fake blood over the Treasury this morning. Protesters from action group Extinction Rebellion on an old fire engine tried, with little success, to douse the building in deep-red beetroot water from a hose. Read more: Extinction Rebellion protesters spray 1,800 litres of fake [...]
PM rows back from Brexit ‘final offer’ stance as EU calls proposal ‘problematic’ October 3, 2019 The government has rowed back from its original position that proposals published yesterday would be the “final offer”, as the European Union warns of “problematic points”. Boris Johnson took his place at the Despatch Box this morning, to tells the Commons that his proposals were a “genuine attempt to bridge the chasm”. Read more: Boris [...]
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 [...]
‘Superwoman’ Horlick runs as Lib Dem MP October 3, 2019 Fund manager “supermum” Nicola Horlick has been unveiled as another high profile Liberal Democrat candidate. The pro-Remain businesswoman is standing in Chelsea and Fulham, the party revealed today, going up against incumbent Conservative MP Greg Hands. Horlick, who has been dubbed a “supermum” for balancing her career with raising six children, told the Evening Standard [...]
UK recession alarm bells ring as services sector contracts October 3, 2019 The risk of a UK recession has shot up after the huge services sector contracted in September, causing the biggest cut in employment in over nine years, according to closely-watched survey data. Read more: Global stock markets bleed red on US-EU trade war fears The sector – which makes up about 80 per cent of [...]