Vestager’s re-hire leaves the UK on the back foot September 11, 2019 Apple last night launched its latest shiny thing to come out of Cupertino, the iPhone 11 Pro, at its now-to-be-expected “high achiever” price tag. The company has forged a reputation of late for putting its hardware products further out of reach of the masses, while placing its services at the more affordable end of the [...]
The anti-Boris establishment has learnt the wrong lesson from the rise of Nazism September 11, 2019 Never ones to shy away from controversy, Britain’s venerable BBC has recently decided to tantalise viewers of its new documentary, Rise of the Nazis, with the suggestion that something similarly awry might be occurring in the UK today. The BBC’s own media centre touts the contemporary relevance of the programme as being “a timely look [...]
Magners maker C&C to move to London in October September 10, 2019 The maker of Bulmers and Magners is set to say goodbye to its Dublin listing and join the London exchange in October, it said today. It comes after C&C last year acquired British firms Matthew Clark and Bibendum, meaning it now gets most of its revenue from the UK. Meanwhile most shareholders are either based [...]
Ireland’s nominee for EU trade portfolio says probability of a Brexit deal rising September 10, 2019 Ireland’s nominee for the EU trade portfolio Phil Hogan said today that the probability of a Brexit deal between the UK and EU is rising. “The penny is finally dropping” with the UK on Brexit, he told the Irish Times. Read more: ERG chair Steve Baker vows to vote against Boris Johnson deal if is [...]
Belfast High Court to rule on no-deal Brexit challenge on Thursday September 10, 2019 The High Court in Belfast will rule on Thursday whether a no-deal Brexit is lawful after a campaigner lodged a case arguing that it would contravene the Good Friday Agreement. Activist Raymond McCord has argued that the case should be referred to the UK’s highest court, the Supreme Court, which will also hear businesswoman Gina [...]
How does geopolitics impact investment returns and what can you do about it? September 10, 2019 Geopolitics can significantly impact investment returns; whether it’s trade wars, actual wars, populist politicians or terrorist attacks. And as we discussed earlier this year in our “Inescapable investment truths for the decade ahead”, geopolitical risks are on the rise and will play a major role in the years to come. So, what does this mean [...]
Most likely Brexit outcome? PM Boris’s resignation, says JP Morgan September 10, 2019 Of the three main options facing Boris Johnson, the most likely outcome is that he will resign, leaving a new prime minister to go to the EU and request a Brexit extension, JP Morgan said today. In a research note sent to clients, JP Morgan’s head of UK economics Malcolm Barr outlined the “only options” [...]
Frankfurt Motor Show: Car industry bosses warn against no-deal Brexit September 10, 2019 Bosses at car makers BMW and Vauxhall, which collectively employ more than 7,000 people in the UK, have warned about the destructive effects a no-deal Brexit could have on the automotive industry. Workers at BMW’s Mini factory in Oxford could face losing work in the event of a no-deal Brexit, according to the car maker’s [...]
Lords approved HS2 Birmingham-Crewe extension before parliament shutdown September 10, 2019 The House of Lords last night approved the High Speed Two (HS2) extension from Birmingham to Crewe before parliament was suspended for five weeks. The controversial railway, which will link London to the north in stages, is currently subject to an independent review chaired by former HS2 chair Douglas Oakervee and critic Lord Berkeley, which [...]
Margrethe Vestager stays on in beefed up EU competition role in blow for tech giants September 10, 2019 Margrethe Vestager has retained her role as EU competition commissioner in a blow for Silicon Valley tech giants. Vestager, known for her formidable crackdown on tech firms, has also been appointed executive vice president tasked with making Europe “fit for the digital age”. Read more: EU antitrust chief Margrethe Vestager signals decision on Google Adsense [...]