Tory leadership contest: Boris Johnson plans emergency budget for no-deal Brexit June 28, 2019 Boris Johnson is set to outline an emergency budget featuring heavy tax cuts in the event of a no-deal Brexit, it is reported. Read more: Jeremy Hunt accuses Boris Johnson of getting Brexit facts wrong The Tory frontrunner and favourite to be Britain’s next Prime Minister has committed to leaving the EU with or without [...]
At last, a sensible immigration plan – and it comes from Boris June 28, 2019 It is not often that I agree with Boris Johnson. But when the frontrunner to be the next Prime Minister announced his immigration proposals yesterday, for the first time in this leadership race I found myself on Team Boris. In a digital hustings, Boris revived an idea that he had trumpeted during the Vote Leave [...]
London City Airport is grounded in sustainability June 28, 2019 Despite the political and economic uncertainty, London is continuing to grow and is expected to remain a major global city for business and tourism. London’s population has increased every year since 1988 and currently stands at almost 9m. Brexit may have cast a temporary cloud over London’s short-term prospects, but new corporate offices are still [...]
UK consumer confidence slumps in June June 28, 2019 UK consumer confidence slumped again this month as the public took a negative view of their personal finances and the economy. The overall index score for consumer confidence dropped by three points to -13 for fourth time this year in June. The score was down four places year-on-year. Read more: UK consumer confidence holds up [...]
Jeremy Hunt tells Boris Johnson to stop getting Brexit facts wrong in blistering letter response June 27, 2019 Jeremy Hunt has accused Boris Johnson of getting important facts wrong in a searing attack on his Conservative leadership rival. The foreign secretary has sent a letter to Johnson accusing him of not being straight with people over Brexit, and reiterated his challenge of a head-to-head debate before ballot members in the leadership contest go [...]
Vauxhall says building new Astra in the UK contingent on final Brexit deal June 27, 2019 Car manufacturer Groupe PSA said today it will build the new Vauxhall Astra in the UK, but said the decision was conditional on the terms of Brexit. PSA said the new Astra would be manufactured at Ellesmere Port in Cheshire and at Russelsheim in Germany. In a statement the company said: “The decision on the [...]
Ford to cut 12,000 jobs across Europe and close five sites including its Bridgend engine plant June 27, 2019 Car manufacturer Ford has announced plans to cut 12,000 jobs across its European operations by the end of 2020 as it continues to streamline its business. The company, which employs 51,000 people across the continent, is also planning to close five European sites in total, including its engine plant at Bridgend in Wales. Read more: [...]
Japanese firms ‘very concerned’ about prospect of no-deal Brexit, warns foreign minister June 27, 2019 Japan’s foreign minister has urged the UK to avoid a no-deal Brexit, admitting that Japanese firms are “very concerned” by the possibility. Taro Kono has warned the Tory leadership hopefuls, Boris Johnson and Jeremy Hunt, that a failure to agree on a withdrawal bill will have “very negative” implications for the 1,000 Japanese companies operating [...]
Staffline seeks to raise £41m to ease debt fears June 27, 2019 Recruitment firm Staffline has this morning announced plans to raise up to £41m by selling off shares to private investors and current shareholders. The UK-based company is seeking to make £34m through a placing, with a further £7m to come from an open offer. Read more: PwC fined £4.5m for ‘lack of competence’ in Redcentric [...]
B&Q owner Kingfisher appoints Carrefour exec as new boss June 27, 2019 B&Q owner Kingfisher today said it has appointed Thierry Garnier as its new chief executive as the home improvement chain looks to turn around its ailing fortunes. Garnier, who has held senior roles at French retail giant Carrefour over the last 20 years, will join the DIY group in the autumn. Read more: B&Q owner [...]