Mark Carney warns of “alarmingly high” no-deal Brexit risk April 3, 2019 Bank of England governor Mark Carney has warned the risk of a no-deal Brexit has become “alarmingly high.” Carney also hit out at suggestions from Brexiters that the UK could leave the EU on World Trade Organisation terms and maintain zero tariffs as “absolute nonsense.” Speaking to Sky News, he said that despite parliament, the [...]
Government urges businesses to ramp up cyber security as attack costs increase April 3, 2019 The government has called on businesses and charities to beef up their cyber security defences after new figures revealed the financial cost of breaches has shot up. A survey published by the Department for Digital, Culture, Media and Sport (DCMS) revealed the percentage of businesses suffering attacks has dropped to 32 per cent, down from [...]
May called business chiefs to reassure over latest change in Brexit negotiation plan April 3, 2019 Theresa May last night tried to reassure bosses at some of Britain’s biggest firms, including Rolls-Royce, BT and GlaxoSmithKline, about her latest change in direction on Brexit negotiations. The PM hosted a call with the co-chairs of her business councils last night, shortly after announcing she would look for another extension to Article 50 so [...]
Iranian cyber attack harvested details of MPs and chief executives April 3, 2019 Iranian hackers launched cyber attacks on key parts of British infrastructure, gaining access to MPs' mobile phone numbers, in a major breach just before Christmas, according to reports. The 23 December attacks are also said to have hit UK private-sector firms including the Post Office and banks, as well as local government networks. Sky News yesterday [...]
Army launches investigation into video showing soldiers using Jeremy Corbyn picture for target practice April 3, 2019 The Ministry of Defence (MoD) has launched an investigation after footage emerged showing British soldiers firing at a poster of Jeremy Corbyn. The video, first reported by Sky News, shows four soldiers firing weapons into the distance, and later pans round to show a poster of the Labour leader being used as the target. A [...]
Tory whip quits as Theresa May begins Brexit talks with ‘Marxist’ Corbyn April 3, 2019 A Tory has resigned the whip this morning after Theresa May committed to working with Labour leader Jeremy Corbyn to deliver Brexit. Read more: Pound rises on May-Corbyn Brexit talks MP Nigel Adams has quit his position in the government’s Whips Office, accusing May of being on course to failing to deliver Brexit and failing [...]
Pound rises on May-Corbyn Brexit talks April 3, 2019 The pound rose to $1.3184 this morning after the announcement last night by Prime Minister Theresa May that she would work with Labour leader Jeremy Corbyn over Brexit. The pound, which rose sharply on the news, had fallen as low as $1.2997 in the past week. Talks between May and Corbyn could start as early [...]
The European Union is on the backfoot, but few seem to notice April 2, 2019 There is a very bad habit that many of our broadcasters have of focusing on what might befall us. It reminds me of Frankie Howerd in Up Pompeii bemoaning “woe is me, woe is me” – as if he might warn his master against leaving the Empire without a deal. It would be refreshing were there [...]
Daily-Mail backed laundry app set to merge with German rival April 2, 2019 A British online dry cleaner is set to merge with its Berlin-based rival Zipjet as the two firms bid for domination in London. Laudrapp has agreed to pay just over £17.5m for the German company which has operations in London, Berlin and Paris, Sky News reported. Read more: Deutsche Bank denies reports it could raise [...]
Ford’s British operations hang in the balance as no-deal Brexit looms large April 2, 2019 Ford has delivered the latest warning for the UK car industry after Brexit, saying it has yet to decide on its longer-term plans in Britain. The second-biggest US car maker said this morning it was already spending tens of millions of euros preparing for a possible no-deal scenario, in which case it would have to [...]