Corbyn’s Labour pains show no sign of easing January 11, 2017 One of the many problems with Jeremy Corbyn’s so-called “leadership” of the Labour party has been his complete failure to confront the biggest issue facing the country today – Brexit. At key moments, with the government’s approach to Article 50 attracting widespread criticism, Corbyn has been extraordinarily elusive. Even Iain Duncan Smith’s “quiet man” act [...]
Sky defends increases in TV prices saying coverage has been “completely transformed” since 2010 January 10, 2017 The cost of satellite television has rocketed by an average of 50 per cent since 2010, four times the rate of inflation and twice as fast as rail fares have increased over the same period. Free-to-air satellite firm Freesat has urged rail users, angry at January fare hikes, to check the cost of their Sky [...]
Veteran newspaper exec leads takeover plot for Richard Desmond titles January 10, 2017 A former News of the World editor is spearheading a takeover plot for Richard Desmond’s newspapers and magazines. David Montgomery, also a former Mirror Group chief executive, is seeking to drum up funds for a new media investment vehicle. Read more: Daily Express owner mulling sale of tabloids to rival Trinity Mirror Montgomery, who City [...]
The FTSE reaches another record high as sterling continues to slide after Theresa May’s single market comments January 10, 2017 The FTSE reached yet another record high this morning as sterling continued to fall, as comments by the Prime Minister over the weekend indicating that remaining within the single market will not be a priority during Brexit negotiations continued to take their toll. The FTSE 100 rose to a peak of 7,261.16 at the start of trading, [...]
Daily Express owner and former porn baron Richard Desmond mulling sale of tabloids and other publications to rival Trinity Mirror January 10, 2017 Trinity Mirror shares rose in early trading after it emerged it was in talks with media mogul Richard Desmond to buy a stake in his four UK tabloids and other key publications. Shares rose 2.8 per cent to 100.23p after it confirmed it was in talks with Desmond's Northern and Shell Media Group to buy a minority interest [...]
Single Market access must be maintained for sake of the City, report argues January 9, 2017 Access to the Single Market must be maintained for the sake of the financial sector, argues a new report, details of which have been revealed today. In particular, the draft of the report from financial industry body International Regulatory Strategy Group (IRSG), which has been produced by law firm Hogan Lovells and lobbying group TheCityUK, warns [...]
Single Market blues: The pound’s fallen to its lowest level against the dollar since October January 9, 2017 The pound today fell to its lowest level against the dollar since October last year, after comments by Theresa May caused investors to shy away from the currency. The pound plunged one per cent to $1.2122 in afternoon trading. It also fell more than one per cent against the euro, to a day-low of €1.1491, [...]
Low-cost airline Norwegian names flying pioneer Amy Johnson as its second British tail fin hero January 9, 2017 Aviation pioneer Amy Johnson follows in the footsteps of Roald Dahl as the second British face to feature on Norwegian's tail fin. The pilot has been named as the airline's second British tail fin hero, with her portrait set to appear on two Norwegian aircraft later this year. The airline has a raft of well-known figures on its [...]
Yes it’s going to snow in the UK this week – just not in London January 9, 2017 Snow and sleet are set to hit Britain as temperatures plummet towards the end of this week – but it looks like the capital will miss out on snow. Londoners should expect “nothing significant” from the weather, the Met Office said today – with temperatures in the capital remaining around the four or five degrees [...]
London Tube strike January 2017: Clapham Junction station evacuated due to overcrowding January 9, 2017 Clapham Junction station has been evacuated this morning due to overcrowding related to today's Tube strike. Southern Rail and SouthWest Trains services are not calling at the station, ⚠ #ClaphamJunction station has been evacuated due to overcrowding. Services are currently not calling — Southern (@SouthernRailUK) January 9, 2017 #ClaphamJunction There are currently NO trains stopping [...]