UK unemployment fall pushes earnings growth to 11-year high September 10, 2019 The number of Britons without a job fell in the three months to July to a 45-year low, official figures have shown today, helping total earnings growth hit a decade high. Read more: Hiring intentions climb at financial services firms as Brexit nears UK unemployment was estimated at 3.8 per cent in the period May [...]
Dominic Cummings lashes out at ‘rich Remainers’ as he sticks to 31 October Brexit deadline September 10, 2019 Boris Johnson’s chief adviser has vowed the UK will quit the EU on 31 October and lambasted media for speaking to “rich Remainers” in London. Dominic Cummings said he was “sure” the UK would leave the bloc on the current Brexit deadline of Halloween. Read more: Boris denied election again as parliament shuts up shop [...]
Galliford Try share price rockets on £1.1bn Bovis Homes merger talks September 10, 2019 Galliford Try’s share price soared today as it restarted talks with Bovis Homes on a merger that could value its housebuilding unit at £1.075bn. The housebuilders have agreed high-level terms for a potential tie-up but told investors today that “there remains significant work to be completed” before they could finish the deal. Read more: Galliford [...]
Speaker John Bercow blocked from leaving chair as MPs protest Boris parliament prorogue September 10, 2019 MPs protested Boris Johnson’s act to prorogue parliament last night by brandishing signs and stopping speaker John Bercow from leaving his chair. The Prime Minister last night suspended parliament for five weeks until 14 October, just two weeks beyond the UK’s scheduled departure date of 31 October. Read more: Boris denied election again as parliament [...]
While MPs argue, fintech must take the lead on driving growth September 10, 2019 Political discord, uncertainty, rapid change to the country’s prospects every day – this is the present state of Britain. To top it all off, the latest survey from IHS Markit suggests that a new recession is possible, with economic growth slipping over the recent period. The UK is at a crucial point. How we respond [...]
Think Brexit is a mess? Imagine what Remain would look like now September 10, 2019 Stop Brexit. For those working in Westminster, this has become the song of the summer, chanted by the throng of ultra-Remainers who have pitched camp next to the media gazebos on College Green. It is the – intensely irritating – evidence of what the polls increasingly tell us. Just as Leavers are coalescing around a [...]
Boris denied election again as parliament shuts up shop for five weeks September 10, 2019 For the second time, opposition MPs denied Boris Johnson the General Election he wants in the Commons’ last act before parliament closed until 14 October. Though MPs voted in favour of an early election by 293 to 46, the government did not get the two-thirds majority of the whole house required. Read more: Speaker John [...]
Internal auditors name cybersecurity as the top risk faced by their businesses September 10, 2019 A survey of internal auditors published today has found cybersecurity, regulatory change and digitalisation are the top three risks faced by businesses across Europe. The survey of 528 chief internal auditors found 78 per cent named cybersecurity and data security as a top five threat threat facing their businesses, 59 per cent cited regulatory change [...]
EU capital markets post-Brexit will look ‘smaller, less developed and more French’ September 10, 2019 Capital markets in the European Union will look “smaller, less developed and more French” in the wake of Brexit, according to a report released this morning. Britain’s split from the EU is likely to reduce the trading bloc’s footprint in capital markets from 21 per cent of global activity to 14 per cent, putting it [...]
Hiring intentions climb at financial services firms as Brexit nears September 10, 2019 Firms in the finance and business services sector intend to take on new staff at the fastest rate in over a year as they ready themselves for the 31 October Brexit deadline, a survey has shown today. Read more: BoE chief economist cautions against interest rate cut with employment high Meanwhile, low levels of unemployment [...]