Labour shadow chancellor John McDonnell says nationalisation will be “cost free” December 3, 2017 Shadow chancellor John McDonnell said this morning that Labour’s nationalisation programme will be “cost free”. Speaking on Sky News, McDonnell defended Labour’s plans to take over key industries, repeating his claim that the policy will pay for itself. Read more: John McDonnell slammed for refusing to cost Labour’s nationalisation plans The Labour party has pledged [...]
Supermoon 2017: Here’s everything you need to know about the 3 December supermoon December 2, 2017 Tomorrow, the first – and last – supermoon of 2017 will be visible in the UK. Also called the cold moon, the solar spectacle occurs when a full moon coincides with the moon reaching the point in its orbit where it is closest to the earth. This supermoon is expected to appear about seven per [...]
Should we have a bank holiday for Prince Harry and Meghan Markle’s wedding? November 29, 2017 Should we have a bank holiday for Prince Harry and Meghan Markle’s wedding? YES – Alex Deane, Conservative commentator. Bank holidays help to generate spending in recreational and leisure sectors, while at the same time harming national productivity more generally. But let’s be realistic. We love a royal wedding and we are going to celebrate [...]
Bitcoin price (BTC) nears $10,000 as market cap overtakes IBM, Disney and McDonald’s, but bubble warnings persist November 27, 2017 Bitcoin believers have been left eagerly awaiting the cryptocurrency’s biggest ever milestone as it hovers just shy of $10,000 and its total market value overtakes some of the world’s biggest businesses. It has surged to a fresh record high on Monday, however, hitting $9,732.76 after breaking the $9,000 mark on Sunday, inflating expectations that it [...]
Rio Tinto caves in to shareholder pressure and scraps appointment of Tory chief Sir Mick Davis November 26, 2017 Mining giant Rio Tinto has scrapped plans to appoint the chief exec of the Conservative party as its new chairman, according to reports. Frontrunner Sir Mick Davis is “no longer in the running” to replace Jan du Plessis after a shareholder revolt. City sources told Sky News over the weekend several institutional investors had drawn [...]
Brexit: Liam Fox says no Irish border decision until final deal with EU agreed November 26, 2017 Trade secretary Liam Fox has suggested that there can be no decision on what the Irish border will look like after Brexit until there is a final deal between the UK and Europe. It comes as Ireland promised to “play tough” on its threats to veto trade talks unless it was offered guarantees that there [...]
New homes: What’s on sale this weekend, in Croydon, Highgate, Ealing and Uxbridge November 23, 2017 New developments on the market this week Westgate House, Ealing From £299,000 New homes are being added to this development in west London due to high demand. Developer Galliard Homes will apply next month to build two more floors on top of its building on Hangar Lane, a “growth zone” in Ealing. This would up [...]
CMC Markets chair expected to retire after almost 10 years on board November 22, 2017 The chair of spreadbetter CMC Markets is to step down after almost a decade at the company. Simon Waugh is readying to retire next month, according to Sky News. Waugh is to be replaced by James Richards, currently a non-executive director of CMC and chair of its remuneration committee. His background is in law and [...]
Labour shadow chancellor John McDonnell quizzes UK chancellor Philip Hammond on Saudi Aramco November 14, 2017 Shadow chancellor John McDonnell has written to the chancellor to demand more information about talks taking place between the government and Saudi Arabia’s state oil company. Saudi Aramco is currently exploring its options for a flotation on a foreign stock exchange, and London and New York are the front-runners in the race to host the [...]
Swim with the pigs in the Bahamas: How domestic swine became big business for the paradise islands November 13, 2017 On 9 September the ocean around the Bahamas’ Long Island and the Exumas vanished. Where there should have been endless stretches of aquamarine, there was mile upon mile of muddy grey sand, flecked with seams of stringy kelp, all set against a foreboding backdrop of slate-grey cloud. Sandwiched between hurricanes Irma to the west and [...]