Back Search brexit
Search Sections 17 Jul

brexit

3,933 Entries were found for “brexit”
Close
Advertisement
New PM urged to lower migrant worker salary threshold2h New PM urged to lower migrant worker salary threshold
The Tory leadership hopefuls are facing pressure to lower the salary threshold for migrant workers from £30,000 to £20,000 to avoid skills shortages across the economy after Brexit.
 Like Reply
Currencies in USD
GBP 1,24 -0,885%
EUR 1,12 -0,446%
CHF 1,01 -0,494%
8h Brexit: Bosses seek cut to immigrant salary threshold
Business lobby groups say ministers must act to avoid "acute" skills shortages after Brexit.
 Like Reply
For the pound, there is little or no short-term cheer12h For the pound, there is little or no short-term cheer
Predicting currency flow is a mug’s game but there’s little to stop sterling’s slide anytime soon There are no sure-fire bets in the currency markets but, in retrospect, selling sterling has been a ridiculously easy trade for two months. The direction for sterling has been downwards from the moment Theresa May lost her third attempt to force through the EU withdrawal bill in early May. The Tory leadership contest, in which both contenders have issued hard Brexit statements, has merely continued the losing run. We have now arrived at
 Like Reply
FTSE LIVE: Ryanair hit by Boeing woes; Burberry lifted by weak pound15h Updated FTSE LIVE: Ryanair hit by Boeing woes; Burberry lifted by weak pound
The FTSE 100 closed up 0.6%, or 45.48 points, at 7,577.20. It was lifted by by the sell-off in the pound, which was hit by fresh concerns over a no-deal Brexit.
 Like Reply
Burberry delights investors as the weak British pound drives tourists to its UK stores15h Updated Burberry delights investors as the weak British pound drives tourists to its UK stores
Tourists get a lot more bang for their buck in the UK at the moment with the pound hitting fresh lows against the dollar and the euro in recent months as the risk of a 'no-deal' Brexit looms.
 Like Reply
Pound hits 27-month low as no-deal Brexit fears grow - business live15h Updated Pound hits 27-month low as no-deal Brexit fears grow - business live
Sterling is sliding as UK and Brussels head for fresh clash over the Irish Backstop
 Like Reply
Fears of no-deal Brexit hit the pound as it falls to lowest level in more than two years15h Fears of no-deal Brexit hit the pound as it falls to lowest level in more than two years
Sterling hit a 27-month low of $1.2409 at one point this morning, despite upbeat official jobs figures showing wages grew at their fastest pace in more than a decade in the quarter to May.
 Like Reply
Unemployment falls to lowest level in 45 YEARS despite Brexit chaos16h Updated Unemployment falls to lowest level in 45 YEARS despite Brexit chaos
Employment was up by 28,000 in the three months to May to 32.75 million, with higher numbers of working women contributing to the strong labour market, the Office for National Statistics said.
 Like Reply
14 Jul 8:43pm Trade negotiators wanted to fill Brexit gap
Liam Fox wants to train new trade negotiators. Opponents say it is a last-minute scramble.
 Like Reply
RUTH SUNDERLAND: Can the jobs boom continue? 14 Jul 5:16pm Updated RUTH SUNDERLAND: Can the jobs boom continue?
The labour market figures this week will highlight how well jobs are holding up despite Brexit uncertainty and a string of big companies wielding the axe.
 Like Reply
Little hope for a summer bounce as no-deal fears drag down GDP growth 14 Jul 2:00am Little hope for a summer bounce as no-deal fears drag down GDP growth
The economy expanded just 0.3% in May, and a slump awaitsOne swallow doesn’t make a summer, so the old saying goes. For the warm middle months of the year, the British economy looked remarkably frosty, chilled by fears over a no-deal Brexit, until the Office for National Statistics reported a surprisingly strong month for growth in May.
 Like Reply
Major car dealership Lookers blames Brexit for profit warning 12 Jul 10:44am Major car dealership Lookers blames Brexit for profit warning
Collapse in diesel sales and low consumer confidence add to tough trading conditions Shares in Lookers, one of Britain’s biggest car dealerships, have tumbled another 30% after the firm issued a profits warning, blaming increasingly challenging trading conditions. It warned on Friday that weaker margins will push first-half profits down by 25%, to about £32m, and full-year figures will also fall below forecasts, as customer confidence is hit by continuing political and economic uncertainty.
 Like Reply
FTSE LIVE: Reckitt pays £1.1bn to end opioid drug dispute; Sales rise at DFS 11 Jul 11:30am Updated FTSE LIVE: Reckitt pays £1.1bn to end opioid drug dispute; Sales rise at DFS
The Bank of England has said UK lenders could withstand even the worst case no-deal Brexit and a global slowdown sparked by a full-scale trade war, but warned of 'economic disruption.'
 Like Reply
No Deal Brexit is not big risk, says Aston Martin boss 11 Jul 6:25am Updated No Deal Brexit is not big risk, says Aston Martin boss
Andy Palmer said he is bored of Brexit and broke with other car bosses by calling for the country to leave the European Union in October even if no deal has been reached.
 Like Reply
BoE: UK banks can withstand Brexit and trade war double-whammy 11 Jul 5:46am BoE: UK banks can withstand Brexit and trade war double-whammy
Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brexit, the Bank of England has said.
 Like Reply
Swiss Re halts flotation of ReAssure life insurance 11 Jul 4:41am Swiss Re halts flotation of ReAssure life insurance
Investors were put off by £3.3bn valuation following recent IPO flops and uncertainty of no-deal Brexit Swiss Re has postponed the flotation of its UK zombie life insurance business after investors unsettled by overhyped share offers and the prospect of a no-deal Brexit refused to accept the company’s valuation of up to £3.3bn. The Swiss insurer announced the initial public offering of ReAssure in June after months of speculation about a flotation. Shares totalling 26% of the company were due to start trading on Thursday but Swiss Re cancelled the sale blaming weak demand for UK listings.
 Like Reply
10 Jul 7:00pm Branson warns pound to plummet in no-deal Brexit
Virgin boss tells the BBC a UK no-deal departure from the EU would be ‘devastating’ for Virgin.
 Like Reply
Boost in car production drives UK growth faster than expected with  economy expanding 0.3% in May 10 Jul 4:51pm Boost in car production drives UK growth faster than expected with  economy expanding 0.3% in May
A string of firms, including BMW and Jaguar, temporarily shut plants during April to avoid disruption, because it came after the original date for Brexit. But the plants reopened in May.
 Like Reply
UK economy returns to growth as carmakers end Brexit shutdown 10 Jul 2:13pm UK economy returns to growth as carmakers end Brexit shutdown
GDP rose by 0.3% in May from a month earlier, says Office for National Statistics The British economy pulled out of a one-month downturn to return to growth in May as carmakers resumed production in the wake of shutdowns for the original Brexit deadline. The
 Like Reply
James Dyson buys £43m penthouse in Singapore 10 Jul 12:13pm James Dyson buys £43m penthouse in Singapore
Purchase comes months after British inventor revealed plans to move firm to city-state Billionaire inventor James Dyson has bought a £43m luxury penthouse, thought to be the most expensive flat in Singapore, months after the prominent Brexit supporter announced plans to
 Like Reply
James Dyson buys £59m penthouse in Singapore 10 Jul 10:25am James Dyson buys £59m penthouse in Singapore
Purchase comes months after British inventor revealed plans to move firm to city-state Billionaire inventor James Dyson has bought a £59m luxury penthouse, thought to be the most expensive flat in Singapore, months after the prominent Brexit supporter announced plans to
 Like Reply
UK GDP: Economists fear Brexit damage despite growth pick-up in May - business live 10 Jul 8:02am Updated UK GDP: Economists fear Brexit damage despite growth pick-up in May - business live
Rolling coverage of the latest financial news, including new growth figures for May
 Like Reply
UK economy returns to growth as carmakers end Brexit shutdown - business live 10 Jul 5:51am Updated UK economy returns to growth as carmakers end Brexit shutdown - business live
Rolling coverage of the latest financial news, including new growth figures for May
 Like Reply
The cash Isa comeback! Savers pour £6bn into tax-free accounts in just five months  10 Jul 4:42am Updated The cash Isa comeback! Savers pour £6bn into tax-free accounts in just five months 
Experts say stock market uncertainty around Brexit and unknown trade deals, along with fears of breaching the personal savings allowance, has turned the spotlight back on Isas.
 Like Reply
Pound hits two-year low as traders fret about the rising chance of a no deal Brexit 10 Jul 4:25am Updated Pound hits two-year low as traders fret about the rising chance of a no deal Brexit
Sterling dropped 0.4 per cent to $1.246 against the dollar, the lowest level since April 2017 except for a brief 'flash crash' in January this year, and to €1.112 against the euro.
 Like Reply
Brexit ferry fiasco could be repeated, MPs warn 9 Jul 7:01pm Brexit ferry fiasco could be repeated, MPs warn
Committee says Whitehall must step up no-deal plans or risk more botched deals like Seaborne Freight The rushed, botched procurement of ferry services for a no-deal Brexit which cost the taxpayer nearly £85m could be repeated unless Whitehall urgently steps up contingency preparations for a 31 October withdrawal, MPs have warned. A critical report from the public accounts committee said the Department for Transport took “excessive risks”, resulting in a £33m payment to Eurotunnel to settle legal action, on top of the
 Like Reply
Pound hits two-year low as traders fretted about the rising chance of a No Deal Brexit 9 Jul 6:08pm Pound hits two-year low as traders fretted about the rising chance of a No Deal Brexit
Sterling dropped 0.4 per cent to $1.246 against the dollar, the lowest level since April 2017 except for a brief 'flash crash' in January this year, and to €1.112 against the euro.
 Like Reply
Pound continues slide as traders fear impact of no-deal Brexit 9 Jul 1:08pm Pound continues slide as traders fear impact of no-deal Brexit
Concerns rise over strength of UK economy with figures expected to confirm recession
 Like Reply
Pound falls near two-year low; ECB vows more stimulus if needed - as it happened 9 Jul 11:50am Pound falls near two-year low; ECB vows more stimulus if needed - as it happened
The pound has hit its lowest level since January amid Brexit worries, as the European Central Bank’s new chief economists takes questions
 Like Reply
Pound falls near two-year low; ECB vows more stimulus if needed - business live 9 Jul 11:42am Updated Pound falls near two-year low; ECB vows more stimulus if needed - business live
The pound has hit its lowest level since January amid Brexit worries, as the European Central Bank’s new chief economists takes questions
 Like Reply
British Pound Hits Two-Year Low Amid U.K. Economic Worries 9 Jul 11:21am British Pound Hits Two-Year Low Amid U.K. Economic Worries
The currency fell against the dollar to its lowest level in two years, as investors grew worried about the country’s prospects and the specter of a no-deal Brexit.
 Like Reply
9 Jul 11:12am Pound heads for two-year low as holidays begin
Brexit uncertainty coupled with an economic slowdown has pushed sterling to April 2017 levels.
 Like Reply
No-deal Brexit and slowdown fears push pound near two-year low - business live 9 Jul 10:27am Updated No-deal Brexit and slowdown fears push pound near two-year low - business live
The pound has hit its lowest level since January as economists fear the UK economy shrank in the last quarter
 Like Reply
British Pound Tumbles, Reflecting Economic Concerns in U.K. 9 Jul 8:33am British Pound Tumbles, Reflecting Economic Concerns in U.K.
The currency fell against the dollar to its lowest level in two years, as investors grew worried about the country’s prospects and the specter of a no-deal Brexit.
 Like Reply
No-deal Brexit and economic slowdown fears push pound near two-year low - business live 9 Jul 7:40am No-deal Brexit and economic slowdown fears push pound near two-year low - business live
The pound has hit its lowest level since January as economists fear the UK economy shrank in the last quarter
 Like Reply
Sterling hit by no-deal Brexit and economic slowdown fears - business live 9 Jul 7:05am Updated Sterling hit by no-deal Brexit and economic slowdown fears - business live
The pound has hit its lowest level since January as economists fear the UK economy shrank in the last quarter
 Like Reply
Pound hits six-month low as economic gloom deepens 9 Jul 5:56am Pound hits six-month low as economic gloom deepens
The pound has slipped to a fresh six-month low against the dollar as sustained worries over Brexit and the UK economy weigh on the currency.
 Like Reply
9 Jul 1:38am Government faces no deal backlash by own business experts
Advisers asked to find a solution to the Irish border Brexit problem balk at signing terms.
 Like Reply
Consumer spending at weakest since mid-90s amid Brexit chaos – BRC 8 Jul 7:01pm Consumer spending at weakest since mid-90s amid Brexit chaos – BRC
Retailers say total sales fell by 1.3% in June while annual rate of growth slowed to 0.6% Fears that Britain’s economy has come to a standstill have been heightened by a report from retailers showing annual consumer spending at its weakest since their records began in the mid-1990s. The British Retail Consortium said clarity over
 Like Reply
No-deal threat causes sharpest investment drop since 2009 recession 7 Jul 7:01pm No-deal threat causes sharpest investment drop since 2009 recession
CBI warns uncertainty is crippling UK economy with country at risk of lagging behind G7 competitors The rising threat of no-deal Brexit has set Britain on course for the biggest decline in business investment since the financial crisis, the
 Like Reply
His business has suffered many setbacks but MEP Lance Forman believes it survive no deal too  6 Jul 7:17am His business has suffered many setbacks but MEP Lance Forman believes it survive no deal too 
Brexit MEP Lance Forman shares his views on running a family-run salmon smokehouse - the oldest in London - and reveals why Britain should leave the EU
 Like Reply
JLR expects Brexit deal after electric car plans 5 Jul 9:33am JLR expects Brexit deal after electric car plans
There are two important contexts into which Jaguar Land Rover's proposed £1bn investment in its Castle Bromwich factor must be put.
 Like Reply
Hammond leads 30 Tory MPs in plot to stop no-deal Brexit 5 Jul 6:33am Hammond leads 30 Tory MPs in plot to stop no-deal Brexit
Thirty Tory MPs led by Chancellor Philip Hammond are plotting to stop a no-deal Brexit in October, Sky News understands.
 Like Reply
Brexit uncertainty and political turmoil rattles confidence among UK business leaders 4 Jul 7:04pm Updated Brexit uncertainty and political turmoil rattles confidence among UK business leaders
As the Conservative leadership contest between Boris Johnson and Jeremy Hunt draws to a climax, optimism and confidence in the economy among bosses is falling, a survey has found.
 Like Reply
Brexit secretary: No deal could mean a recession 3 Jul 8:11pm Brexit secretary: No deal could mean a recession
What might a No Deal Brexit really look like? Steve Barclay, who is responsible for no-deal preparations, can't rule out a recession, price rises in the supermarkets, or traffic jams on the roads.
 Like Reply
2 Jul 7:01pm Tesco faces Brexit deadline headache
The retail giant's boss says an October Brexit could cause problems as it's too close to Christmas.
 Like Reply
Trade wars could shipwreck global economy, warns Mark Carney 2 Jul 2:53pm Trade wars could shipwreck global economy, warns Mark Carney
Bank of England boss says Donald Trump’s widening trade spats and Brexit uncertainty are denting growth Trade tensions triggered by Donald Trump’s tariff policies could “shipwreck” the global economy and are having a chilling effect on growth, the governor of the Bank of England has warned. Mark Carney said on Tuesday that policymakers were underestimating the impact of the US president’s trade spat with China, Mexico and the European Union. He added that trade tensions had increased the “downside risks” for a UK economy already grappling with Brexit uncertainty.
 Like Reply
Funding Circle bins the boasts as Brexit bites 2 Jul 2:10pm Funding Circle bins the boasts as Brexit bites
Lending platform’s revenue growth forecasts have halved as demand for small business loans dries up Help your business fly, say the TV ads for Funding Circle. As if to show what’s possible, the online lending platform got itself valued at a remarkable £1.5bn
 Like Reply
Mark Carney warns trade war and no-deal Brexit risks are rising - business live 2 Jul 10:39am Updated Mark Carney warns trade war and no-deal Brexit risks are rising - business live
Bank of England governor says a global trade war could ‘shipwreck’ the global economy, while Brexit risks are increasing
 Like Reply
London house prices slide for eighth quarter in a row 2 Jul 9:58am London house prices slide for eighth quarter in a row
Average value of a home in the capital down 2.6% over past two years as rest of UK rises House prices have dropped in London for the eighth quarter in a row, pushing the average value of a home in the capital down 2.6% over the past two years to £465,722. Figures for the three months to June from Nationwide showed London and the south-east were the worst performers in a national housing market that has managed to keep growing through the past three years of Brexit turmoil, but only at a modest pace.
 Like Reply
Peer-to-peer lender Funding Circle warns over revenue amid Brexit fears 2 Jul 6:02am Peer-to-peer lender Funding Circle warns over revenue amid Brexit fears
Platform reins in riskier loans as confidence falls among small businesses Shares in Funding Circle hit a fresh record low on Tuesday after the peer-to-peer lending platform slashed its forecasts for revenue growth in the face of
 Like Reply
UK construction suffers worst month in 10 years as Brexit bites - business live 2 Jul 5:24am UK construction suffers worst month in 10 years as Brexit bites - business live
Construction output “dropped like a stone” last month as heightened political and economic uncertainty hurts the economy
 Like Reply
UK construction sector suffers worst month in 10 years as Brexit bites - business live 2 Jul 5:14am Updated UK construction sector suffers worst month in 10 years as Brexit bites - business live
Construction output “dropped like a stone” last month as heightened political and economic uncertainty hurts the economy
 Like Reply
London house prices fall for eighth quarter running as Brexit slowdown continues - business live 2 Jul 4:13am Updated London house prices fall for eighth quarter running as Brexit slowdown continues - business live
Rolling coverage of the latest economic and financial news, as house prices fall across London and the South East
 Like Reply
Do spending plans of Boris Johnson and Jeremy Hunt add up? 1 Jul 9:38am Do spending plans of Boris Johnson and Jeremy Hunt add up?
The pair’s pledges, the constraints and the impact of a no-deal Brexit Philip Hammond has warned the two Conservative leadership candidates their tax and spending plans
 Like Reply
Hammond sounds warning over spending warchest 1 Jul 8:21am Hammond sounds warning over spending warchest
Philip Hammond has challenged Boris Johnson and Jeremy Hunt over their spending plans saying the "fiscal firepower" built up for a no-deal Brexit will only be available if there is an "orderly transition".
 Like Reply
Hammond warns Johnson and Hunt over spending promises 1 Jul 7:33am Updated Hammond warns Johnson and Hunt over spending promises
Chancellor says no-deal Brexit will drain £26bn that rivals claim can be used as ‘war chest’ Philip Hammond has warned the two Conservative leadership candidates that their spending plans cannot be funded if the UK crashes out of the EU without a deal. The chancellor cast doubt over Boris Johnson and Jeremy Hunt’s plans in a tweet that said a no-deal scenario would blow a hole in the public finances, erasing the next prime minister’s spending firepower. Both candidates have said they are willing to leave without a deal.
 Like Reply
Hunt sets 30 September as deadline for deciding if EU would compromise or if no-deal Brexit inevitable - live news 1 Jul 6:41am Hunt sets 30 September as deadline for deciding if EU would compromise or if no-deal Brexit inevitable - live news
Rolling coverage of the day’s political developments as they happen, including the latest from the Tory leadership contest
 Like Reply
1 Jul 6:00am Updated Tory leadership: Jeremy Hunt pledges £6bn for farmers in no-deal Brexit
The Tory leadership hopeful likens it to a banks' bailout as Boris Johnson vows a public sector pay rise.
 Like Reply
Manufacturing in worst decline for six years as economy fears deepen 1 Jul 5:40am Manufacturing in worst decline for six years as economy fears deepen
Britain's manufacturing sector suffered its worst month since 2013 in June as it endured a hangover from Brexit stockpiling earlier in the year, according to new figures.
 Like Reply
Hunt pledges £6bn war chest to handle no-deal Brexit 30 Jun 7:55pm Hunt pledges £6bn war chest to handle no-deal Brexit
Jeremy Hunt will tell MPs he is planning to ramp up preparations for a no-deal Brexit which will include a £6bn war chest for farmers and fishermen exporting to Europe.
 Like Reply
Jeremy Hunt sparks business anger with no-deal Brexit comment 30 Jun 2:19pm Jeremy Hunt sparks business anger with no-deal Brexit comment
Tory leadership hopeful says he would tell bankrupt firms their sacrifice was worth it
 Like Reply
Catch-22 and the real and immediate danger of Brexit 30 Jun 2:00am Catch-22 and the real and immediate danger of Brexit
The increasing absurdity of the Tory party’s march towards isolation would need Joseph Heller to do it justice‘There was only one catch and that was Catch-22, which specified that a concern for one’s own safety in the face of dangers that were real and immediate was the process of a rational mind.” As explained in Joseph Heller’s great novel, one had to be crazy to want to do combat duty, but “anyone who wants to get out of combat duty isn’t really crazy”. Lots of people are talking about George Clooney’s new television series of the book, but I also recommend to the many people who fear they are being driven crazy by this Brexit nonsense that, at least to my mind, there is no substitute for a return to the original novel.
 Like Reply
Sunny Spain is still shoring up the troubled travel industry 29 Jun 11:00am Sunny Spain is still shoring up the troubled travel industry
The holiday trade has been relying on its top destination amid crises over Brexit and Boeing. And more challenges lie aheadIt’s that time again, heatwave or not. As bound by instinct as the migratory swallow, the summering Briton is still most likely to sniff the air, contemplate the costs, and book a week in Spain regardless. The package holiday remains the dominant form of summer travel, albeit now booked online and personalised. And the Spanish beaches and islands are still the holidaymakers’ favourite destination. But new factors are coming into play that have started to shape our holiday choices – ones whose impact may yet grow.
 Like Reply
29 Jun 7:54am UK seeks new no-deal Brexit freight plan
The hurried procurement process as the UK prepared to leave the EU on 29 March cost taxpayers £85m.
 Like Reply
How to find the best British companies to invest in and not worry about Brexit 29 Jun 3:54am How to find the best British companies to invest in and not worry about Brexit
Colin McLean, manager of the SVM UK Opportunities fund, says that he is backing British firms with good profit margins, solid business plans and something special in their product or service.
 Like Reply
Vauxhall owner PSA holds Brexit gun to Ellesmere Port 27 Jun 9:42am Vauxhall owner PSA holds Brexit gun to Ellesmere Port
The owner of Vauxhall says it plans to make the next generation Astra at Ellesmere Port but only if certain Brexit and union conditions are met.
 Like Reply
27 Jun 5:56am Japan urges UK to avoid no-deal Brexit
The country's foreign minister says he is concerned about the UK leaving the EU without a deal.
 Like Reply
Japan says next British PM must not lead UK out of EU without deal 27 Jun 4:31am Japan says next British PM must not lead UK out of EU without deal
Firms operating in UK likely to relocate in event of no-deal Brexit, says foreign minister
 Like Reply
Bank of England could cut interest rates in event of no-deal Brexit 26 Jun 11:37am Updated Bank of England could cut interest rates in event of no-deal Brexit
Governor Mark Carney says no deal would probably require stimulus for the economy
 Like Reply
Bank of England: no-deal Brexit could force interest rate cut - business live 26 Jun 9:06am Updated Bank of England: no-deal Brexit could force interest rate cut - business live
Rolling coverage of the latest economic and financial news, as the Treasury committee quizzes BoE policymakers
 Like Reply
Mark Carney says Brexit business uncertainty is now HIGHER than ever 26 Jun 7:46am Mark Carney says Brexit business uncertainty is now HIGHER than ever
Mark Carney, the Governor of the Bank of England, told MPs today that the 'degree of uncertainty' over Brexit was now higher than it was in the run up to the original divorce date.
 Like Reply
Brexit is political poison, and it’s green policies that are suffering | Molly Scott Cato 26 Jun 4:00am Brexit is political poison, and it’s green policies that are suffering | Molly Scott Cato
The spat over VAT on solar batteries shows how Brussels-bashing is taking precedence over urgent social priorities
 Like Reply
Rising risk of no-deal Brexit slows UK growth as pound slides 26 Jun 1:00am Rising risk of no-deal Brexit slows UK growth as pound slides
Latest Guardian analysis finds business alarmed by prospect of Boris Johnson or Jeremy Hunt leaving EU without deal
 Like Reply
How has Brexit vote affected the UK economy? June verdict 26 Jun 1:00am How has Brexit vote affected the UK economy? June verdict
Each month we look at key indicators to see what effect the Brexit process has had on growth, prosperity and trade
 Like Reply
Germany ‘will talk to the last hour’ to avoid no-deal Brexit 25 Jun 8:55am Germany ‘will talk to the last hour’ to avoid no-deal Brexit
UK ambassador says Berlin is willing to hear fresh ideas for Irish border problem
 Like Reply
De La Rue cuts jobs after loss of post-Brexit passport work 25 Jun 8:25am De La Rue cuts jobs after loss of post-Brexit passport work
Banknote maker De La Rue has announced plans to shut a print line at its Gateshead works, placing up to 171 jobs at risk of redundancy.
 Like Reply
Demand for property increases as Brexit fatigue fades, estate agents claim 25 Jun 8:07am Demand for property increases as Brexit fatigue fades, estate agents claim
The number of house hunters registered per estate agent branch saw an increase of 16% in May - rising from 265 to 307. This is the highest level recorded since September 2018.
 Like Reply
German economy on the slide amid fears over its car industry, trade wars and Brexit 24 Jun 5:29pm Updated German economy on the slide amid fears over its car industry, trade wars and Brexit
Mercedes-Benz maker Daimler cut its earnings outlook for this year after it was ordered to recall 60,000 diesel cars that were fitted with software designed to cheat emission tests.
 Like Reply
BMW chiefs pledge loyalty to Britain as they prepare production network for Brexit impact 24 Jun 2:27am Updated BMW chiefs pledge loyalty to Britain as they prepare production network for Brexit impact
In accounts filed this month for BMW UK, directors added: 'We are currently going to great lengths to prepare our production network for the impact of Brexit.'
 Like Reply
UK finances forecast to suffer under most forms of Brexit 24 Jun 1:01am UK finances forecast to suffer under most forms of Brexit
Cost of leaving EU will also impede new policy initiatives, thinktank’s report says Most forms of
 Like Reply
Straight outta Brompton: company predicts ebikes future 24 Jun 1:00am Straight outta Brompton: company predicts ebikes future
Boss of folding bike maker says battery-aided bikes could account for half of business within 10 years The folding bicycle maker Brompton is predicting electric bikes could make up at least half its business within the next 10 years, as it broadens the appeal of cycling beyond the traditional market of lycra-clad males. Brompton makes 50,000 bikes a year at its factory in Greenford, west London, but is aiming to double production in five years if Brexit does not get in the way.
 Like Reply
Construction pay rises as EU workers weigh up leaving UK – survey 23 Jun 7:01pm Construction pay rises as EU workers weigh up leaving UK – survey
Amid Brexit chaos, average wage increases to £45,900 while vacancies being advertised fall Average pay for a job in construction has increased to £45,900 despite a fall in the vacancies being advertised, according to a survey. The figure rose from £42,300 in 2017, while rates are even higher for site managers, said the specialist recruitment firm Randstad.
 Like Reply
Ease migration rules for Indians to win post-Brexit deals, say MPs 23 Jun 7:01pm Ease migration rules for Indians to win post-Brexit deals, say MPs
Cross-party group of MPs urges greater priority be given for trade talks with India The government must make it easier for Indians to come to Britain to secure a post-Brexit trade deal with one of the world’s fastest growing economies, a group of MPs have said. Warning that Britain is falling behind in the global race to engage with India on its path to becoming an economic superpower, the Commons foreign affairs committee said ministers urgently needed to update their strategy on India and could not rely on historical links from the days of empire.
 Like Reply
Investors’ demand for dividends will push us to disaster 22 Jun 12:00pm Investors’ demand for dividends will push us to disaster
Corporate borrowing has been rising fast – and while business investment remains low, payouts to shareholders have soaredWhen companies are borrowing like never before and yet investment is low, it is reasonable to ask what they are doing with the money. They could be stockpiling huge sums to guard against a no-deal Brexit. They could be cutting prices to win market share and emerge from the current downturn with a larger customer base. Or they could be paying their workers an inflation-busting pay rise to make up for the freezes and low pay awards that characterised the years following the financial crash.
 Like Reply
FTSE CLOSE: Dixons Carphone profits fall; Dunelm cheers wet weather; Sterling makes gains 20 Jun 12:03pm FTSE CLOSE: Dixons Carphone profits fall; Dunelm cheers wet weather; Sterling makes gains
Sterling is looking a bit perkier today ahead of the latest Bank of England decision on rates. However, Brexit fears are keeping a lid on the currency's gains.
 Like Reply
FTSE LIVE: Dixons Carphone profits fall; Dunelm cheers wet weather; Sterling makes gains 20 Jun 11:37am Updated FTSE LIVE: Dixons Carphone profits fall; Dunelm cheers wet weather; Sterling makes gains
Sterling is looking a bit perkier today ahead of the latest Bank of England decision on rates. However, Brexit fears are keeping a lid on the currency's gains.
 Like Reply
Wall Street hits record high, as Iran tensions send oil price up - business live 20 Jun 10:54am Updated Wall Street hits record high, as Iran tensions send oil price up - business live
Bank of England warns that Brexit risks are rising, but investors are cheered by prospect of US interest rate cuts.
 Like Reply
Wall Street hits record high, as Bank of England sounds Brexit warning - business live 20 Jun 10:08am Updated Wall Street hits record high, as Bank of England sounds Brexit warning - business live
Bank of England warns that Brexit risks are rising, but investors are cheered by prospect of US interest rate cuts.
 Like Reply
Bank of England slashes growth forecasts; Wall Street hits record high - business live 20 Jun 9:38am Bank of England slashes growth forecasts; Wall Street hits record high - business live
Bank of England warns that Brexit risks are rising, but investors are cheered by prospect of US interest rate cuts.
 Like Reply
Investors using currency accounts to shift out of sterling for big Brexit dates 20 Jun 9:20am Investors using currency accounts to shift out of sterling for big Brexit dates
Britons who regularly send money abroad and those working in the City are increasingly choosing to put a portion of their money into euros whenever a crunch Brexit moment approaches.
 Like Reply
Bank of England slashes growth forecast as Brexit risks rise - business live 20 Jun 9:17am Updated Bank of England slashes growth forecast as Brexit risks rise - business live
Rolling coverage of the latest economic and financial news, as the Bank of England sets UK borrowing costs
 Like Reply
Bank of England cuts growth forecast as trade war and Brexit weigh 20 Jun 6:21am Bank of England cuts growth forecast as trade war and Brexit weigh
The Bank of England says it now expects zero growth in the UK economy in the second quarter of the year as no-deal Brexit fears and the US-China trade war weigh on demand.
 Like Reply
Fears for UK economy rise as shoppers rein in spending again 20 Jun 6:11am Fears for UK economy rise as shoppers rein in spending again
Colder May puts chill on summer clothing sales as consumer spending falls for second month in a row Britain’s consumers have reined in spending after an unseasonably cold May prompted a sharp decline in summer clothing sales. The Office for National Statistics said retail sales dropped by 0.5% in May from a month earlier, the biggest decline in spending this year, after shoppers seemingly had shrugged off Brexit fears earlier in 2019.
 Like Reply
Brexit: Philip Hammond to warn war chest may disappear 19 Jun 6:42pm Brexit: Philip Hammond to warn war chest may disappear
The chancellor will say billions he has set aside may be "soaked up" if the UK leaves the EU without a deal.
 Like Reply
Hammond: No-deal Brexit could break up the UK 19 Jun 5:28pm Hammond: No-deal Brexit could break up the UK
The chancellor is to challenge the remaining Tory leadership contenders to lay out their "Plan B" if their Brexit proposals falter when one of them becomes prime minister.
 Like Reply
Shares in Saga drop as group warns Brexit has taken its toll on holiday bookings 19 Jun 9:55am Shares in Saga drop as group warns Brexit has taken its toll on holiday bookings
The group admitted its full-year margins will be lower than a year ago after being forced to offer holidaymakers cheaper deals to lure them away from rival companies.
 Like Reply
Brexit uncertainty hits UK manufacturing; London house prices drop again - business live 19 Jun 9:27am Updated Brexit uncertainty hits UK manufacturing; London house prices drop again - business live
Factory growth has stalled in Britain, while house prices in the capital remain under pressure
 Like Reply
Hammond to launch review of post-Brexit regulation 18 Jun 9:51am Hammond to launch review of post-Brexit regulation
Philip Hammond will lay the foundations on Thursday for an overhaul of the City's post-Brexit regulatory landscape just weeks before he expects to be ousted by the next Prime Minister.
 Like Reply
Brexit: UK growth tipped to slow as firms run down stockpiles 17 Jun 2:16am Brexit: UK growth tipped to slow as firms run down stockpiles
Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group. After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.
 Like Reply
UK growth tipped to slow as firms run down Brexit stockpiles 16 Jun 7:01pm UK growth tipped to slow as firms run down Brexit stockpiles
Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group. After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.
 Like Reply
Tory leadership race: EU will renegotiate Brexit package, says Hunt 16 Jun 9:26am Updated Tory leadership race: EU will renegotiate Brexit package, says Hunt
Mr Hunt said if there is no prospect of a deal by 31 October he would accept a no-deal Brexit.
 Like Reply
Adding Boris Johnson to Brexit is pouring fuel on to the fire | William Keegan 16 Jun 2:00am Adding Boris Johnson to Brexit is pouring fuel on to the fire | William Keegan
As investment nears collapse, the last thing Britain needs is a PM so contemptuous of business and so fiscally heedlessI have been critical, I hope with good reason, of Jeremy Corbyn’s equivocation over what is rapidly becoming a pressing need to call another referendum. But credit where credit is due: at least the Labour leader attempted in the Commons last week to block the possibility of a no-deal Brexit –
 Like Reply
Lord Sugar backs Boris Johnson as PM despite Brexit jail demand 14 Jun 6:54am Lord Sugar backs Boris Johnson as PM despite Brexit jail demand
Lord Sugar has backed Boris Johnson as the next prime minister - despite having previously suggested he should be jailed for misleading the public over Brexit.
 Like Reply
Brexit, trade wars and national debts pose a threat to Eurozone recovery, IMF warns 14 Jun 3:24am Updated Brexit, trade wars and national debts pose a threat to Eurozone recovery, IMF warns
Economic growth in the region is expected to pick up later this year after slowing in second half of 2018, but the IMF said this could be derailed. Trade tensions could push down demand for EU products.
 Like Reply
UK businesses urged to step up preparations for no-deal Brexit 13 Jun 7:01pm UK businesses urged to step up preparations for no-deal Brexit
The Institute of Directors says its members have failed to take advantage of seven-month delay Britain’s businesses are being urged to step up their preparations for a no-deal Brexit amid signs that Theresa May’s successor could be prepared to leave the EU without a deal at the end of October. The Institute of Directors – one of the UK’s employers’ groups – said its members had so far failed to take advantage of the seven-month delay to Brexit and warned that companies should not put faith in politicians to produce an agreement.
 Like Reply
UK housing market gets Brexit delay boost; oil jumps after tanker fire - business live 13 Jun 3:39am Updated UK housing market gets Brexit delay boost; oil jumps after tanker fire - business live
Rolling coverage of the latest economic and financial news, as surveyors report signs of life in Britain’s property market
 Like Reply
Northern Ireland businesses warned over no-deal Brexit 12 Jun 8:22am Northern Ireland businesses warned over no-deal Brexit
Firms face severe problems from export checks and inspections, report says
 Like Reply
UK manufacturing sector ‘far larger than politicians realise’ 11 Jun 7:01pm UK manufacturing sector ‘far larger than politicians realise’
Report says official figures are inaccurate, underscoring dangers of no-deal Brexit
 Like Reply
Economy hit after car makers stopped production ahead of the original March 31 Brexit deadline 11 Jun 4:35am Updated Economy hit after car makers stopped production ahead of the original March 31 Brexit deadline
The UK had been due to leave the European Union on March 31, and several large car firms shut their factories in the immediate aftermath of the deadline so that they could avoid disruption.
 Like Reply
Brexit hangover leaves UK nursing worst monthly contraction since 2016 - business live 10 Jun 9:42am Updated Brexit hangover leaves UK nursing worst monthly contraction since 2016 - business live
Britain’s economy shrank by 0.4% in April as car factories shut down in case of a hard Brexit, and stockpiling boost faded
 Like Reply
Brexit hangover leaves UK nursing worst monthly contraction since 2016 -- business live 10 Jun 6:20am Updated Brexit hangover leaves UK nursing worst monthly contraction since 2016 -- business live
Britain’s economy shrank by 0.4% in April as car factories shut down in case of a hard Brexit, and stockpiling boost faded
 Like Reply
UK and South Korea agree to sign post-Brexit trade deal 10 Jun 5:49am UK and South Korea agree to sign post-Brexit trade deal
Agreement is Britain’s first major trade deal in Asia since the vote to leave the EU The UK has reached a preliminary trade deal with South Korea to avoid disruption if Britain leaves the EU without an agreement. The two countries have agreed in principle a free trade agreementthat will allow businesses to continue trading freely after Brexit, including in a no-deal scenario.
 Like Reply
Fall in car production hits UK growth 10 Jun 5:14am Updated Fall in car production hits UK growth
Car factory shutdowns designed to cope with disruption from Brexit meant the economy contracted in April.
 Like Reply
UK economy shrank 0.4% in April as Brexit hit industry - business live 10 Jun 4:59am Updated UK economy shrank 0.4% in April as Brexit hit industry - business live
Britain’s economy has suffered its worst month in three years as car factories shut down in case of a hard Brexit
 Like Reply
UK economy shrank in April after Brexit car plant shutdowns 10 Jun 4:56am UK economy shrank in April after Brexit car plant shutdowns
The UK economy shrank by 0.4% in April, after a "dramatic fall" in car manufacturing, the Office for National Statistics said.
 Like Reply
UK economy shrank 0.4% in April as Brexit hit British industry - business live 10 Jun 4:33am UK economy shrank 0.4% in April as Brexit hit British industry - business live
Rolling coverage of the latest economic and financial news, including April’s UK GDP growth report
 Like Reply
UK signs post-Brexit free trade deal with South Korea 10 Jun 4:05am Updated UK signs post-Brexit free trade deal with South Korea
The in principle free trade agreement is the first post-Brexit deal the UK has secured in Asia.
 Like Reply
UK and South Korea agree to sign free trade deal 10 Jun 1:47am UK and South Korea agree to sign free trade deal
The UK has signed a free trade agreement (FTA) in principle with South Korea that will ensure businesses from both countries can continue trading freely after Brexit.
 Like Reply
High street visits hit six-year low as Brexit uncertainty deters shoppers 9 Jun 7:01pm High street visits hit six-year low as Brexit uncertainty deters shoppers
Cooler weather in May also contributed to reduction in footfall at UK stores, BRC says The fate of
 Like Reply
German growth forecast slashed as Brexit stockpiling boost fades - business live 7 Jun 8:22am Updated German growth forecast slashed as Brexit stockpiling boost fades - business live
Disappointing factory output, and the biggest drop in monthly exports in four years, shows Germany’s economy remains weak
 Like Reply
German factories hit by end of Brexit stockpiling - business live 7 Jun 4:00am Updated German factories hit by end of Brexit stockpiling - business live
Rolling coverage of the latest economic and financial news, including disappointing German data and the latest US jobs report
 Like Reply
German factory output and exports dive as Brexit stockpiling eases - business live 7 Jun 3:25am Updated German factory output and exports dive as Brexit stockpiling eases - business live
Rolling coverage of the latest economic and financial news, including disappointing German data and the latest US jobs report
 Like Reply
Brexit: Government spends £97m on consultants 7 Jun 2:16am Brexit: Government spends £97m on consultants
The government has brought in experts to make up for a lack of staff, the National Audit Office says.
 Like Reply
Brexit: Government preparation bill tops £97m 6 Jun 7:00pm Brexit: Government preparation bill tops £97m
The government has hired consultants to help it ensure supplies of food and medicines after Brexit.
 Like Reply
Ford planning to close Bridgend plant – more than 1,500 jobs at risk 5 Jun 1:06pm Ford planning to close Bridgend plant – more than 1,500 jobs at risk
Carmaker to meet worker representatives while company plans steep cost cutting Ford is planning to close its Bridgend engine plant, with the likely loss of more than 1,500 jobs in the latest blow to a UK car industry battling Brexit uncertainty and a severe fall in demand for diesel vehicles. The company is meeting worker representatives at the south Wales plant on Thursday. A source with knowledge of the process said the plant would close.
 Like Reply
UK construction sector hit by Brexit uncertainty; growth fears hit markets - business live 4 Jun 6:30am UK construction sector hit by Brexit uncertainty; growth fears hit markets - business live
Rolling coverage of the latest economic and financial news, as Britain’s building sector suffers its worst month in over a year
 Like Reply
UK construction sector shrinks as Brexit uncertainty bites - business live 4 Jun 5:56am Updated UK construction sector shrinks as Brexit uncertainty bites - business live
Rolling coverage of the latest economic and financial news, as Britain’s building sector suffers its worst month in over a year
 Like Reply
Retailers warn of fresh wave of job losses and store closures 3 Jun 7:01pm Retailers warn of fresh wave of job losses and store closures
British Retail Consortium says sales are down 2.7%, blaming uncertainty over Brexit Britain’s retailers are warning of a fresh wave of job losses and store closures after its health check of consumer spending showed the biggest drop in almost a quarter of a century last month. Blaming the political uncertainty that also led to a contraction in manufacturing, the British Retail Consortium (BRC) said sales were down 2.7% – the weakest performance since it began its monthly survey in 1995.
 Like Reply
UK factories suffer shock contraction as Brexit and trade wars bite - business live 3 Jun 7:28am Updated UK factories suffer shock contraction as Brexit and trade wars bite - business live
Rolling coverage of the latest economic and financial news, as British manufacturing shrinks for the first time since July 2016
 Like Reply
Manufacturing shrinks as Brexit stockpiling halts 3 Jun 5:49am Updated Manufacturing shrinks as Brexit stockpiling halts
UK manufacturing contracted in May for the first time since July 2016, an influential survey indicates.
 Like Reply
UK factory growth hits three-year low amid Brexit and trade war worries - business live 3 Jun 4:51am UK factory growth hits three-year low amid Brexit and trade war worries - business live
Rolling coverage of the latest economic and financial news, as City investors fear the US-China trade war is intensifying
 Like Reply
Corbyn’s destructive ambiguity on Brexit has failed | William Keegan 2 Jun 2:00am Corbyn’s destructive ambiguity on Brexit has failed | William Keegan
The consensus around Labour’s Euroscepticism is collapsing. The party must change its stance radically, and urgentlyI am told that, shortly before the elections for the European parliament, Jeremy Corbyn was flirting with the idea of being less hostile towards the Remain campaign. Even he could read the opinion polls. However, according to my informant, he was immediately sat upon by his spin doctor, Seumas Milne, and other members of the politburo of what passes for the modern Labour party. The policy of so-called “constructive ambiguity” remained in place, with all too predictable results at the polls. This approach was tested to destruction, thereby proving what had been obvious for some time: that it was, in truth, a policy of destructive ambiguity.
 Like Reply
German insurer in £820m UK takeovers: Double bid hands Allianz 12m British customers  31 May 4:51pm German insurer in £820m UK takeovers: Double bid hands Allianz 12m British customers 
In a vote of confidence in the UK ahead of Brexit, the Munich-based insurance company is taking control of Legal & General and LV=’s general insurance arms.
 Like Reply
UK consumer borrowing sees lowest rise since 2014 on Brexit fears 31 May 12:31pm UK consumer borrowing sees lowest rise since 2014 on Brexit fears
April’s annual growth drops from 6.4% in March to 5.9% as households cut borrowing Consumers increased their borrowing in April at the slowest pace since 2014, revealing a reluctance to buy goods on credit amid persistent Brexit uncertainty. The annual growth rate in
 Like Reply
Business lobby group CBI warns Tories over no-deal Brexit 31 May 4:49am Updated Business lobby group CBI warns Tories over no-deal Brexit
The CBI warns Tory leadership candidates a no-deal Brexit would do "severe" damage to businesses.
 Like Reply
Businesses warn Tory leadership hopefuls against no-deal 30 May 5:56pm Businesses warn Tory leadership hopefuls against no-deal
Britain's biggest business lobby group has written to all Conservative leadership candidates to warn against a no-deal Brexit.
 Like Reply
Brexit shutdown slashes UK car production by 45% 30 May 10:45am Updated Brexit shutdown slashes UK car production by 45%
Brexit factory shutdowns in April almost halved UK car production, latest figures reveal.
 Like Reply
Car production falls as manufacturers shut factories to avoid Brexit disruption 30 May 6:03am Updated Car production falls as manufacturers shut factories to avoid Brexit disruption
Just 70,971 vehicles were made in the UK in April, down 44.5 per cent on a year earlier, according to the Society of Motor Manufacturers and Traders.
 Like Reply
De La Rue boss leaving after losing post-Brexit blue passport contract 30 May 3:27am De La Rue boss leaving after losing post-Brexit blue passport contract
Shares in banknote printer plunge as chief exec Martin Sutherland ‘agrees’ to leave UK banknote printer De La Rue is parting ways with its chief executive a year after he lost the battle for a £490m contract to print the post-Brexit blue passport. It came as the firm revealed 77% drop in pretax profits and warned that tough competition would contribute to “somewhat lower” profits next year. The company is now set to slash £20m in costs.
 Like Reply
De La Rue boss to step down after losing UK passport print contract 30 May 3:09am De La Rue boss to step down after losing UK passport print contract
Shares in banknote printer plunge as chief exec Martin Sutherland ‘agrees’ to leave UK banknote printer De La Rue is parting ways with its chief executive a year after he lost the battle for a £490m contract to print the post-Brexit blue passport. It came as the firm revealed 77% drop in pretax profits and warned that tough competition would contribute to “somewhat lower” profits next year. The company is now set to slash £20m in costs.
 Like Reply
Government spends almost £100m on Brexit consultants 29 May 1:53pm Government spends almost £100m on Brexit consultants
Exclusive: leaked Whitehall report criticises departments for lack of transparency Nearly £100m of public money has been spent on private consultancy firms recruited by the government to provide Brexit advice including no-deal planning, a leaked Whitehall report obtained by the Guardian reveals. The draft report by the National Audit Office, which scrutinises spending for parliament, details how government departments have paid at least £97m to Brexit consultants up to April this year and criticises them for not meeting transparency standards.
 Like Reply
UK needs more skilled workers from abroad, government told 29 May 8:28am UK needs more skilled workers from abroad, government told
Shortage occupation list must be expanded to plug gaps amid Brexit uncertainty, advisers say The list of occupations eligible for the UK’s non-European skilled work visas should be expanded “as soon as possible”, with the uncertainty caused by Brexit a major consideration, government advisers have said. The migration advisory committee (MAC) said psychologists, occupational therapists, vets, archeologists and web designers were among the professions that should be added to the official shortage occupation list (SOL).
 Like Reply
P&O seeks £33m in damages over Brexit ferry settlement 28 May 10:45am Updated P&O seeks £33m in damages over Brexit ferry settlement
The company also wants courts to cancel the Department for Transport's settlement with Eurotunnel.
 Like Reply
Brexit sees London fall behind New York as top financial hub 28 May 3:14am Brexit sees London fall behind New York as top financial hub
New York has ousted London as the world's main financial centre after Brexit "cast a shadow of uncertainty" over the UK capital, according to a survey of financial executives.
 Like Reply
Brexit Is Sending Students Packing, Straining Private Schools on Both Ends 27 May 8:56am Brexit Is Sending Students Packing, Straining Private Schools on Both Ends
While campuses in Britain look toward Asia in their struggle to refill seats, those on the Continent are scrambling to prepare for a crush of new pupils.
 Like Reply
Brexit will not save troubled steel industry, says trade body 26 May 10:02am Brexit will not save troubled steel industry, says trade body
UK Steel’s director general warns leaving EU will not give steel greater trading opportunities The trade body for steelmakers has rubbished claims that British Steel
 Like Reply
Proposed £2bn-plus takeover of Barchester taking longer due to Brexit impasse 26 May 9:51am Proposed £2bn-plus takeover of Barchester taking longer due to Brexit impasse
City sources said a deal should have been struck by now – but negotiations have been tough amid concerns about Brexit and its impact on the pound.
 Like Reply
Swedish embassy tours UK by bus to give reassurance over Brexit 26 May 9:34am Swedish embassy tours UK by bus to give reassurance over Brexit
Ambassador aims to address concerns of Swedish businesses and Swedes living in Britain Sweden is embarking on
 Like Reply
Proposed £2bn-plus takeover of care home giant Barchester taking longer due to Brexit impasse 26 May 4:50am Proposed £2bn-plus takeover of care home giant Barchester taking longer due to Brexit impasse
City sources said a deal should have been struck by now – but negotiations have been tough amid concerns about Brexit and its impact on the pound.
 Like Reply
Mix private equity, Brexit mania, state incompetence and what do you get? Scunthorpe | Will Hutton 26 May 12:59am Mix private equity, Brexit mania, state incompetence and what do you get? Scunthorpe | Will Hutton
British Steel’s collapse reveals the common fate of industries left to fall into the hands of private equity Across the Midlands and north of England – and in pockets of the south – there are once proud single-industry towns laid low, with no determined effort to make good what once was. It could be Chatham and Rochester in Kent – or Birkenhead, Wigan or Mansfield further north. They survive as economies in which the main business is providing the foundational goods and services necessary to get by – supermarkets, petrol stations, hospitals, care homes. But there are few thriving private sector companies in 21st-century industries, a paucity of opportunity, and wages are below the national average.
 Like Reply
The true deep-state conspiracy just benefits the old 25 May 11:59am The true deep-state conspiracy just benefits the old
The ‘alt-right’ would have us believe that the EU is a leftist cabal. It’s actually working for a much more sinister groupWhatever the outcome of the European Union elections, it is only a matter of months before Theresa May’s successor is handed the task of scuttling over to Brussels in a desperate attempt to secure a fresh Brexit deal. When they return empty-handed – which is certain when the project aims to secure access to the customs union, minus any treaty obligations or the Irish backstop – failure will be blamed on
 Like Reply
Pound volatile as no-deal Brexit risks rise - as it happened 24 May 1:04pm Pound volatile as no-deal Brexit risks rise - as it happened
Sterling is under pressure after Theresa May announces she’ll resign in June, paving the way for a Brexiteer successor
 Like Reply
Pound hits four-month low against the euro as no-deal Brexit risks rise - business live 24 May 12:29pm Updated Pound hits four-month low against the euro as no-deal Brexit risks rise - business live
Sterling is under pressure after Theresa May announces she’ll resign in June, paving the way for a Brexiteer successor
 Like Reply
No-deal Brexit risks are rising, City fears - business live 24 May 8:24am Updated No-deal Brexit risks are rising, City fears - business live
Escalating trade tensions between Washington and Beijing worry investors, as markets digest Theresa May’s resignation
 Like Reply
Thomas Cook receives offer for northern European business 23 May 1:54pm Thomas Cook receives offer for northern European business
Brexit-hit travel firm receives unsolicited offer from private equity investor Triton Partners Thomas Cook has received an offer for its northern European business from a private equity investor, as the tour operator
 Like Reply
Market selloff: Wall Street joins rout as trade war hits US economy - business live 23 May 12:04pm Updated Market selloff: Wall Street joins rout as trade war hits US economy - business live
Financial markets hit as tensions between Beijing and Washington escalate, and fears of a no-deal Brexit rise
 Like Reply
Wall Street joins global selloff as trade wars grip markets - business live 23 May 9:57am Updated Wall Street joins global selloff as trade wars grip markets - business live
Financial markets are gripped by a nervy selloff as tensions between Beijing and Washington escalate, and fears of a no-deal Brexit rise
 Like Reply
Shares slide and pound dives as trade war and Brexit fears mount - business live 23 May 9:14am Updated Shares slide and pound dives as trade war and Brexit fears mount - business live
Financial markets are gripped by a nervy selloff as tensions between Beijing and Washington escalate, and fears of a no-deal Brexit rise
 Like Reply
Pound hits lowest level since January as traders fret over possibility of a no-deal Brexit 22 May 2:28pm Updated Pound hits lowest level since January as traders fret over possibility of a no-deal Brexit
Sterling slipped below $1.27 for the first time in almost five months, following growing speculation that Theresa May’s Brexit deal will be junked by her replacement as Tory Leader.
 Like Reply
Pound hits lowest level since early January as Brexit crisis rages - business live 22 May 12:25pm Updated Pound hits lowest level since early January as Brexit crisis rages - business live
Sterling weakens amid reports of cabinet ministers turning on Theresa May
 Like Reply
What are the EU rules about state aid? 22 May 5:27am What are the EU rules about state aid?
What does the EU say about state aid and could Brexit make it easier?
 Like Reply
Pound extends record losses against euro as Brexit crisis builds - business live 22 May 4:29am Updated Pound extends record losses against euro as Brexit crisis builds - business live
Rolling coverage of the latest economic and financial news, including the latest on the US-China trade war and new UK inflation figures
 Like Reply
British Steel on verge of collapse as government talks stall 21 May 3:10pm British Steel on verge of collapse as government talks stall
Corbyn calls for nationalisation of Brexit-hit producer if £30m loan not forthcoming
 Like Reply
Who are the villains of the British Steel crisis? | Nils Pratley 21 May 2:45pm Who are the villains of the British Steel crisis? | Nils Pratley
The government has been dithering for years, Brexit remains uncertain, and its owners a worry Choose your villain in
 Like Reply
PM loses support despite bid to save her Brexit deal 21 May 1:52pm PM loses support despite bid to save her Brexit deal
Theresa May has launched a last-ditch bid to save her Brexit deal, but ended up losing more MPs' support.
 Like Reply
British Steel on brink of administration, putting 5,000 jobs at risk 21 May 9:18am Updated British Steel on brink of administration, putting 5,000 jobs at risk
Brexit-hit producer needs £30m loan from government, which is ruling out nationalisation British Steel is on the brink of collapse unless it can secure £30m in emergency funding from the government, putting about 5,000 jobs directly at risk and endangering thousands more in the supply chain. Andrew Stephenson, a junior minister at the Department for Business, Energy and Industrial Strategy (BEIS), refused to give details in parliament on Tuesday of ongoing talks between the government and British Steel. However, he ruled out nationalisation of the company.
 Like Reply
UK manufacturing hit by its worst slump in two and a half years 21 May 8:46am UK manufacturing hit by its worst slump in two and a half years
CBI says ‘economic paralysis’ caused by Brexit is bringing UK ‘ever closer to disaster’ Britain’s manufacturing sector has suffered the worst slump in orders for more than two and a half years as the car and textile industries struggled against Brexit headwinds. The CBI said its industrial trends monitor for May showed that without an agreement with the European Union, the manufacturing sector was gripped by “economic paralysis” and moving “ever closer to disaster”.
 Like Reply
UK factories hit by falling orders, as Brexit uncertainty continues - business live 21 May 7:04am Updated UK factories hit by falling orders, as Brexit uncertainty continues - business live
Rolling coverage of the latest economic and financial news, as China threatens to retaliate over America’s clampdown on Huawei
 Like Reply
Bank of England warns investment will suffer under no-deal Brexit 20 May 3:04pm Bank of England warns investment will suffer under no-deal Brexit
Ben Broadbent says projects postponed amid political uncertainty will be cancelled Businesses would be likely to cancel their investment projects in Britain under a no-deal Brexit, paving the way for weaker economic growth in future, a deputy governor of the Bank of England has warned.
 Like Reply
Ryanair profits slide due to lower fares and Brexit uncertainty 20 May 9:42am Updated Ryanair profits slide due to lower fares and Brexit uncertainty
Chief executive Michael O’Leary says airline is cutting prices to encourage bookings Ryanair has reported its lowest profit in four years and forecast another slide this year, as air fares fell on the back of Brexit uncertainty and fierce competition in Europe.
 Like Reply
House prices in Wales and the North West of England defy Brexit to reach all-time high 20 May 5:21am Updated House prices in Wales and the North West of England defy Brexit to reach all-time high
In Wales, the average asking price of newly-listed homes breached the £200,000 mark for the first time on record last month, rising by 2.1 per cent, Rightmove's latest figures show.
 Like Reply
Too much has been sacrificed to allow Brexit to destroy Europe’s unity 19 May 1:59am Too much has been sacrificed to allow Brexit to destroy Europe’s unity
As the anniversaries of D-Day and Monte Cassino approach, we should remember how and why the ‘European project’ started Shortly after Thursday’s elections for the European parliament, we shall be witnessing the 75th anniversaries of D-Day and of the terrible carnage of the battle of Monte Cassino. One hopes that memories of these events – or, in many cases, learning about them for the first time – may concentrate minds on all sides in the debate about our future relationship with the rest of Europe. It was the horror of the second world war that led European leaders to bring individual countries together in the hope that future conflict could be avoided. Despite the fantasies of Nigel Farage and his ilk, winning that war was hardly a solo effort on the part of Great Britain. The Americans were an indispensable force in the D-Day landings; Polish forces lost many troops fighting at Monte Cassino. And, of course, the war was won by the allies as a whole, who included the US, Commonwealth countries and, not least, the Soviet Union.
 Like Reply
Pound slides to four-month low after Brexit talks end 17 May 1:58pm Updated Pound slides to four-month low after Brexit talks end
Investors are pricing in a higher chance of the UK leaving the EU without a deal, say analysts.
 Like Reply
FTSE CLOSE: Pound drops to four-month low; Thomas Cook shares plunge almost 40% 17 May 12:54pm FTSE CLOSE: Pound drops to four-month low; Thomas Cook shares plunge almost 40%
The FTSE 100 closed 4.89 points down at 7,348.62 while the pound dropped to its lowest level in four months following the collapse of Brexit talks.
 Like Reply
EasyJet losses soar as higher costs and drone disruption take toll 17 May 10:34am Updated EasyJet losses soar as higher costs and drone disruption take toll
Airline issues Brexit warning after pre-tax loss of £275m in the six months to 31 March EasyJet blamed economic uncertainty across Europe, exacerbated by Brexit, for a £275m loss in the first half of its financial year, with higher fuel costs and a £10m blow from the
 Like Reply
Pound falls below $1.28 as Brexit talks collapse – business live 17 May 9:53am Updated Pound falls below $1.28 as Brexit talks collapse – business live
Theresa May on brink as she fails to reach deal with Jeremy Corbyn and agrees to set her own departure timetable
 Like Reply
Pound falls below $1.28 as collapse of Brexit talks looms – business live 17 May 5:47am Updated Pound falls below $1.28 as collapse of Brexit talks looms – business live
Theresa May on brink as she struggles to reach deal with Labour and agrees to set her own departure timetable
 Like Reply
EasyJet bookings hit by Brexit and economic uncertainty 17 May 5:19am EasyJet bookings hit by Brexit and economic uncertainty
British budget airline easyJet has said future bookings are down as concerns over Brexit and economic uncertainty sap consumer demand.
 Like Reply
Thomas Cook in £1.5bn loss as Brexit woe hits holidays: Debt-riddled travel company plunges 16 May 4:51pm Thomas Cook in £1.5bn loss as Brexit woe hits holidays: Debt-riddled travel company plunges
On another bleak day for investors, the debt-riddled travel company also sounded the alarm over the outlook for the rest the year. Shares closed down 14.7 per cent, or 3.38p, to 19.61p.
 Like Reply
Big holiday companies and their shareholders have got much more to worry about than Brexit 16 May 11:08am Updated Big holiday companies and their shareholders have got much more to worry about than Brexit
It has been a torrid week for the travel industry as two of the biggest players in the UK and wider European market reported decidedly shoddy results.
 Like Reply
Thomas Cook blames Brexit after slumping to £1.5bn loss 16 May 10:45am Updated Thomas Cook blames Brexit after slumping to £1.5bn loss
Looking ahead to this year's peak season, the stricken travel group said: 'There is now little doubt that the Brexit process has led many UK customers to delay their holiday plans for this summer.'
 Like Reply
Thomas Cook says Brexit hitting holiday plans 16 May 6:12am Updated Thomas Cook says Brexit hitting holiday plans
The tour operator reports a huge first half loss and says it has received bids for its airline.
 Like Reply
Thomas Cook slumps to £1.5bn loss as Brexit chaos hits travel plans 16 May 3:14am Thomas Cook slumps to £1.5bn loss as Brexit chaos hits travel plans
Firm writes down value of My Travel and says UK customers are delaying holiday bookings Thomas Cook plunged deeper into the red and issued a fresh profits warning as the struggling travel company warned that UK customers had postponed travel plans for this summer because of Brexit uncertainty. The company made a pre-tax loss of £1.5bn for the six months to 31 March, which was mainly down to a £1.1bn write-down of the value of MyTravel, the UK package holiday business that it bought in 2007. Thomas Cook said it had revalued the business “in light of the weak trading environment”.
 Like Reply
Thomas Cook slumps to £1.5bn loss as Brexit hits demand 16 May 2:08am Thomas Cook slumps to £1.5bn loss as Brexit hits demand
Thomas Cook has reported a half-year loss of £1.46bn as it counted the cost of Brexit causing UK consumers to delay holiday plans.
 Like Reply
TUI losses widen to €301m as Brexit weighs on demand 15 May 3:23am TUI losses widen to €301m as Brexit weighs on demand
Travel operator TUI has reported widening half-year losses and a fall in summer bookings as it counts the cost of weak consumer confidence and Brexit uncertainty.
 Like Reply
Travel money: How will Brexit affect exchange rates and holiday spending? 14 May 4:55am Travel money: How will Brexit affect exchange rates and holiday spending?
Travel currency company, FairFX, has revealed the most common questions its dedicated Brexit Support Desk has received in the run up to the 2019 summer holidays.
 Like Reply
Travel money: Top questions about how Brexit will affect exchange rates 13 May 3:57am Updated Travel money: Top questions about how Brexit will affect exchange rates
Travel currency company, FairFX, has revealed the most common questions its dedicated Brexit Support Desk has received in the run up to the 2019 summer holidays.
 Like Reply
The zeitgeist has shifted. Now the the left is fizzing with ideas for a smarter economy | Will Hutton 12 May 1:00am The zeitgeist has shifted. Now the the left is fizzing with ideas for a smarter economy | Will Hutton
Ambivalence over Brexit may the only thing stopping it from being the party of progressive reform Our landscape is changing and this spring the pace is accelerating. It’s there in the mounting public recognition that the challenges society confronts are common to us all – from climate change to the growth of food banks – and so must require a common response marshalling common resources. It feels as if we’re at an inflection point, whether in the degree of support for Extinction Rebellion, the cross-party concern to promote social mobility or the growing acceptance that gender should be non-binary.
 Like Reply
Patents of the Dyson electric car have been revealed 11 May 11:42am Updated Patents of the Dyson electric car have been revealed
Dyson revealed drawings of what the British firm's first zero-emissions cars due in 2021 could look like - vehicles the prominent Brexit advocate confirmed in October will be built in Singapore.
 Like Reply
INVESTING SHOW: Can UK shares shake off the Brexit hangover? 10 May 12:49pm Updated INVESTING SHOW: Can UK shares shake off the Brexit hangover?
On this episode of the Investing Show, we speak to Fidelity UK Opportunities manager Leigh Himsworth.
 Like Reply
Brexit fears caused car parts firm to stockpile 10 May 10:08am Brexit fears caused car parts firm to stockpile
Brexit worries meant car parts maker Pressmark tied up needed cash in stockpiling materials.
 Like Reply
Best manufacturing boost since 1980s helped economy surge before original Brexit deadline 10 May 7:26am Best manufacturing boost since 1980s helped economy surge before original Brexit deadline
Gross domestic product (GDP) growth rose to 0.5 per cent between January and March. The ONS said many manufacturers delivered early, pointing at a rush to clear order books before March 29.
 Like Reply
UK economy rebounds in first quarter 10 May 6:29am Updated UK economy rebounds in first quarter
Brexit stockpiling by firms helps to lift UK growth in the first three months of the year.
 Like Reply
Brexit stockpiling boosts first quarter growth to 0.5% 10 May 4:24am Brexit stockpiling boosts first quarter growth to 0.5%
The UK economy accelerated in the first quarter of year to grow by 0.5%, according to preliminary official figures.
 Like Reply
Government was warned about Brexit ferry payouts 8 May 7:08pm Government was warned about Brexit ferry payouts
Government settles with Channel Tunnel firm after accusation of "secretive" no-deal Brexit contracts.
 Like Reply
ITV puts hopes on its Britbox streaming service 8 May 5:29pm ITV puts hopes on its Britbox streaming service
The British commercial broadcaster blamed a 7 per cent fall in first-quarter ad sales on Brexit uncertainty and warned the turmoil was set to continue.
 Like Reply
Time will prove me right: Neil Woodford says shares WILL soar after Brexit deal is done  8 May 12:59pm Updated Time will prove me right: Neil Woodford says shares WILL soar after Brexit deal is done 
Uk firms are currently ‘profoundly undervalued’, and are set for an exuberant post-Brexit rally if the UK maintains a close relationship with the EU after leaving, argues Neil Woodford.
 Like Reply
ITV sees Brexit link as weak ad demand hits revenue 8 May 3:37am ITV sees Brexit link as weak ad demand hits revenue
ITV has forecast a larger than expected fall in advertising revenue in the first half of the year, blaming Brexit, a lack of World Cup football and the timing of Easter.
 Like Reply
Trade war and Brexit pose mounting risk to EU economy, says EC 7 May 12:44pm Trade war and Brexit pose mounting risk to EU economy, says EC
European commission warns of ‘major shock’ and slashes growth forecast for the union The threat of a full-blown trade war between the US and China and
 Like Reply
On the top

Date settings

Today is Wednesday, July 17, 2019

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept