British businesses attack post-Brexit immigration policy July 9, 2019 Over half of British business with staff from abroad would be hurt by government proposals that skilled migrant workers would have to earn £30,000 to get a UK visa after Brexit, a survey has shown today. Read more: ‘Low growth economy’: Brexit uncertainty plagues business investment Meanwhile almost 60 per cent of employers said they [...]
London listings triple in second quarter after Brexit extension July 9, 2019 The number of companies selling shares on the London Stock Exchange (LSE) for the first time bounced back in the second quarter of the year after the extension of the Brexit deadline. Read more: Trainline on track as it posts big sales boost in first results since IPO There were 15 initial public offerings (IPOs) [...]
Labour would back Remain in second Brexit referendum held under a Tory government July 9, 2019 Labour would campaign for Remain in a second Brexit referendum was held under a Conservative government, but Jeremy Corbyn has not said what he would do if he becomes Prime Minister. Following a meeting of the shadow cabinet on Tuesday morning, Corbyn emailed all party members to announce Labour would back staying in the EU [...]
Under-fire ambassador Sir Kim Darroch has ‘full support’ of PM following leaked Trump emails July 9, 2019 Downing Street has confirmed its “full support” for Sir Kim Darroch, the UK’s under-fire ambassador to the US, after Donald Trump said he would no longer deal with him. In a series of tweets yesterday evening, the US president criticised Theresa May’s handling of Brexit, saying she and her “representatives” had created a “mess”. Read [...]
Bovis expects half-year rise in profits despite Brexit uncertainty July 9, 2019 Bovis Homes looked to shrug off troubles in the property sector today after forecasting that it will report a significant improvement in profit for the first six months of 2019. The housebuilding giant said it delivered a total of 1,647 house completions in the six months to the end of June, rising from 1,580 during [...]
Recruiter Robert Walters boosts profit despite Brexit hit to UK hires July 9, 2019 Listed recruiter Robert Walters has upped earnings in the second quarter of the year despite taking an eight per cent profit hit from its UK home market. Read more: Robert Walters grows profit in robust first quarter Robert Walters recorded a seven per cent rise in gross profit to £106.4m in the quarter to the [...]
Would Nigel Farage be a good pick to be the next UK ambassador to the US? July 9, 2019 Would Nigel Farage be a good pick to be the next UK ambassador to the US? Benedict Spence, a freelance writer, says YES. Remove from the equation what you make of the politics of Nigel Farage and Donald Trump, and your suspicions over their relationship. The fact that they have such a relationship would make [...]
June retail sales drop drags average to 20-year low July 9, 2019 Declining retail sales in June dragged the yearly average down to the lowest level in more than 20 years as this summer’s weather failed to match the 2018 heatwave. Total sales decreased by 1.3 per cent in June, compared to a rise of 2.3 per cent in the same month last year, according to research [...]
Labour could campaign against its own Brexit deal in a second referendum July 8, 2019 Labour could campaign against its own Brexit deal in a future EU referendum if it bows to demands by trade unions. Affiliated workers’ groups have thrashed out a vision on what they believe Jeremy Corbyn should do if he wins power before the UK leaves the EU. Labour has so far only committed to campaigning [...]
Donald Trump vows to ‘no longer deal with’ UK’s ambassador to US after memo leaks July 8, 2019 Donald Trump has vowed to cut ties with the UK’s ambassador to Washington after leaked memos showed the British diplomat branded the US president’s administration as “inept” and “uniquely dysfunctional”. Leaked extracts from diplomatic telegrams were published by the Mail on Sunday, and chronicled Sir Kim Darroch’s criticisms of the White House. Theresa May says [...]