Thomas Cook holds preliminary talks with suitors about potential takeover April 20, 2019 Thomas Cook has sparked the interest of a number of potential bidders as the company's lenders prepare to discuss its financial state. Several parties have made enquiries about taking over the company's tour operating business, or the entire company, according to Sky News. Read more: Uber's self-driving unit raises $1bn ahead of IPO Currently talks are at [...]
From housing to recycling, fuzzy tokenism is no substitute for action April 18, 2019 The brakes are temporarily on the Brexit saga for Easter, giving the government an opportunity to address some of the major public policy issues that have been all but sucked up by the EU vacuum. Putting aside this administration’s inability to actually pass any legislation (Brexit or otherwise), one at least hopes for the promise [...]
Radical climate protestors are beginning to resemble a cult April 17, 2019 Climate change is not a fringe issue, nor is it suffering as a topic from a lack of attention. It is taught in schools and debated extensively in the media. It occupies a central position in policy-making and increasingly commands the attention of businesses and the investment community. The governor of the Bank of England, [...]
Ashwin Bhardwaj travels to the cultural heart of Russia, to eat and drink with the locals of St Petersburg April 17, 2019 There are not many places that have left me literally gobsmacked, but the moment I stepped outside the Finljandski Train Station in St Petersburg, I knew that I had arrived somewhere special. It was here, in 1917, that Vladimir Lenin stepped back onto Russian soil after nearly 20 years of exile. He had taken the [...]
Monsoon Accessorize ‘will close dozens of stores’ across UK in latest setback for high street April 15, 2019 Fashion retailer Monsoon Accessorize is reportedly planning a spate of store closures using a controversial insolvency mechanism, in another blow for Britain’s embattled high streets. Read more: Revealed: All 15 LK Bennett stores set to close in Chinese sale The chain, which trades from nearly 270 stores across the UK, could announce “dozens” of closures [...]
Major companies could be exempt from joint audit rules in competition watchdog report April 14, 2019 The UK’s competition watchdog reportedly could exclude some major companies from a new rule that would require many business to appoint joint auditors. Sky News reported that the Competition and Markets Authority (CMA) is set to publish its long awaited report into the audit sector this week. According to the report, the CMA has been [...]
MPs could be forced to choose a Brexit option if talks with Labour fail, says May’s deputy April 14, 2019 Parliament could be forced to decide which Brexit option to go for if talks with the Labour party fall through, Theresa May's deputy has said. David Lidington, who is leading the talks with Labour on subjects such as environmental standards, workers rights and the security relationship with the EU, said the discussions were going to [...]
British Steel wants £100m government loan after being frozen out of EU scheme due to Brexit delay April 13, 2019 British Steel is seeking an emergency £100m loan from the government after being frozen out of an EU-wide carbon trading scheme due to the UK's failure to secure a Brexit deal. The UK's second-biggest steel producer is in talks about securing the funding within the next few weeks, according to Sky News. Read more: Cross-party Brexit [...]
Brexit party: Nigel Farage launches new pro-Leave party with Jacob Rees-Mogg’s sister as MEP candidate April 12, 2019 Nigel Farage today launched his Brexit party as the UK prepare for the prospect of taking part in European elections three years after voting to leave the EU. Read more: CBI boss backs 2nd Brexit referendum if MPs can't 'get their act together' Jacob Rees-Mogg’s sister, Annunziata Rees-Mogg, was confirmed as the new party’s first [...]
Liz Truss is right to hit the brakes – HS2 would put us all on the train to nowhere April 12, 2019 The bogeyman of politics may be ousted for good, if the chief secretary to the Treasury has anything to say about it. I’m not referring to our Halloween Brexit, but rather High-Speed 2 – a follow-on from the first high-speed rail project, mapping a fast route from London to Birmingham, with branches to Manchester and Leeds [...]