Former Stobart chair Iain Ferguson takes charge at house builder Crest Nicholson September 11, 2019 Crest Nicholson has installed former Stobart chair Iain Ferguson as its non-executive chairman, as the house builder completes its refurbishment of top-level management. Ferguson, who will take the post in November, has been appointed just as new chief executive Peter Truscott is set to take the reins at the firm this month. Read more: Galliford [...]
Nigel Farage hits back as Prime Minister Boris Johnson rules out Brexit Party election pact September 11, 2019 The Prime Minister has ruled out a General Election pact with Nigel Farage’s Brexit Party, saying the former Ukip leader was not a “fit and proper” person. According to the Sun, Farage had been in conversations with “people who are very close to Boris [Johnson]” about a possible agreement to help win what is expected [...]
Donald Trump demands ‘boneheads’ at Fed slash rates to zero September 11, 2019 US President Donald Trump has called US Federal Reserve policymakers “boneheads” and demanded that they drop interest rates to zero “or less”. Read more: Fed will ‘act as appropriate’ to keep US expanding, says chair Jay Powell Trump said close-to-zero interest rates would let the US refinance its debt, meaning replace its existing debt with [...]
Hong Kong bourse proposes £32bn merger with London Stock Exchange September 11, 2019 Hong Kong Exchanges and Clearing (HKEX) has made a surprise proposal to buy the London Stock Exchange (LSE) in a £30bn tie-up, it said this morning. Read more: London Stock Exchange seals $27bn Refinitiv deal Yet it said the deal is subject to LSE’s mammoth $27bn (£22bn) merger with financial data provider Refinitiv falling through. [...]
Scottish court rules parliament suspension unlawful September 11, 2019 The Prime Minister’s suspension of parliament has been ruled unlawful by judges at Scotland’s highest civil court. Appeal court judges, chaired by Lord Carloway, Scotland’s most senior judge, overturned an earlier ruling that the courts did not have the powers to interfere in Boris Johnson’s decision to prorogue parliament. Read more: Boris, Brexit and the backstop: What [...]
Prime Minister Boris Johnson faces ERG rebellion as sources hint at shift on backstop September 11, 2019 Parliament has been shut down for the next five weeks – but Boris Johnson has just 50 days to get a deal and save his premiership. At the same time, rebels on both sides are threatening to thwart him. Read more: Parliament prorogued: Scenes of chaos play out in Commons Working for the man Despite [...]
Leadsom: Yellowhammer doc would ‘just serve to concern people’ on Brexit September 11, 2019 Business secretary Andrea Leadsom has said the government will not publish its Brexit assessment documents Yellowhammer, arguing it would “just serve to concern people”. Leadsom, who has been doing the broadcast rounds this morning on the back of Number 10’s announcement about relaxing post-studying visas, told BBC Breakfast the “reasonable worst-case scenario” was “not a [...]
ECSC shares rise as data breach fines get cyber consulting back on track September 11, 2019 Shares in ECSC rose more than three per cent this morning after the cybersecurity firm reported renewed demand for its consulting services division. Read more: ECSC revenues jump as it grows client base amid cybersecurity concerns The figures ECSC’s total revenue slipped marginally from £2.64m to £2.63m in the six months to the end of [...]
Tom Watson pushes Labour to back second referendum before election September 11, 2019 Labour deputy Tom Watson is set to call on his party to adopt an anti-Brexit stance and focus on securing a fresh referendum before another UK general election. Watson will warn his party that a snap election sought by Prime Minister Boris Johnson would not resolve the current stalemate in parliament. Read more: Boris, Brexit [...]
UK electoral system vulnerable to foreign hacking, say officials September 11, 2019 On the brink of an election, The UK does not have time to bring forward measures to resist the sort of social media and misinformation campaigns carried out by hostile states that have affected some Western nations, officials say. Following the 2016 Brexit referendum, some defeated remain campaigners alleged that a misleading social meda campaign [...]