Protesters are taking to the streets of London over rail fare hikes January 3, 2017 Protesters are gathering at King's Cross in London and other railway stations across the country to show their anger about rising rail fares in the UK. Read more: Rail fares have increased twice as fast as wages in the past 10 years The protests – planned for over 100 stations – have been organised by action groups Action [...]
Euronext has confirmed a €510m offer for LSEG’s French clearing house January 3, 2017 The London Stock Exchange Group today took a significant step in its attempts to complete its mega-merger with Deutsche Boerse, agreeing the sale of its French clearing business. Euronext, the owner of four of Europe's largest stock exchanges, confirmed it has agreed a €510m (£434m) deal for LCH SA, which the LSEG put up for [...]
Dentists are calling for workplaces to cut the cake in 2017 January 3, 2017 New year, new you? Here's another reason to go on a diet this January: dentists are calling for workplaces to cut the cake in 2017. For many, the festive season will have been stuffed with rich foods and heavy drinking – both at work and at home. Read more: Retailers will need to brave fierce [...]
Volkswagen shares are in pole position for a 2017 comeback January 3, 2017 Time to take down the stockings, tuck away the ornaments and get shopping! Because as any bargain-hunter knows, the disappointment that comes from not getting what you want under the tree is easily forgotten by trading up for something better in the January sales. That may be the hope of VW chief executive Matthias Mueller [...]
Prepare to refight referendum battles: How Brexit will dominate 2017 politics January 3, 2017 Brexit will completely dominate 2017. The big short-term question is whether the government’s initial negotiating position will be enough to keep Leave campaigners onside, or whether they will feel a pro-EU Prime Minister and chancellor have betrayed them. This depends on the nature of the proposed deal on free movement. Anything other than a major [...]
Quitting the customs union could bring 400k jobs to the UK, Brexit campaigners say January 3, 2017 Quitting the customs union could generate almost 400,000 jobs in the UK thanks to new free trade deals, a pro-Brexit campaign group has claimed. Change Britain said the UK could hope to secure trade arrangements with up to eight nations if able to negotiate its own deals by exiting the trading bloc, although Theresa May's [...]
13 events that will change the world in 2017: Article 50, Snapchat’s IPO, more Libor trials and a vote on Heathrow January 3, 2017 2017 looks like it's going to be a busy one: we're looking ahead to some of the key business and political events already pencilled in for this year's calendar. 1. Supreme court to rule on Article 50 The Supreme Court is due to deliver its ruling on Gina Miller's case this month (Source: Getty) The Supreme [...]
Retailers will need to brave fierce headwinds in 2017 January 2, 2017 The high street's cold snap over Christmas and the New Year is not just seasonal. Several chills running through the sector could finally be felt with their full force in 2017. Rising inflation, falling wage growth, escalating costs and sterling's depreciation are all expected to weigh on retailers in the coming months. If inflation takes [...]
Retail cold snap: New Year footfall plummets at Britain’s shopping centres January 2, 2017 The UK high street experienced a sales cold snap at the weekend as new figures showed footfall fell nearly 13 per cent nationwide while in shopping centres it slumped by a massive 50 per cent. Poor weather, an early December spending spree and bank holiday trading hours deterred shoppers from venturing outdoors on New Year’s Day, [...]
Sunderland 2, Liverpool 2: Jurgen Klopp blames fixture pile-up after Black Cats offer bad omen for Reds’ Premier League title push January 2, 2017 Sunderland 2, Liverpool 2 Liverpool manager Jurgen Klopp bemoaned a hectic schedule after his Premier League title-chasing team dropped points at relegation-threatened Sunderland on Monday. Two Jermain Defoe penalties – the latter six minutes from time – cancelled out Daniel Sturridge and Sadio Mane strikes and prevented Liverpool from closing the gap on leaders Chelsea [...]