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Brexit

  • Brexit, ad fraud and #MeToo – what does the future year hold for the marketing industry?

    January 7, 2019

    We are out of the cold December of 2018, and have now entered the, well, even colder January of 2019. Last year was a momentous one for the marketing industry – there was the fall and rise again of adland stalwart Martin Sorrell; the European Union’s General Data Protection Regulation (GDPR) finally came into force; [...]

  • In 2019, marketing needs to take a leaf out of its own book

    January 7, 2019

    This year is going to be a pivotal one for the UK whichever way that you look at it. Yes, we have Brexit on the horizon, but even with that aside, 2019 is set to be another massive year of change for the UK. On average, people in this country are now online for 24 [...]

  • Brexit uncertainty spurs financial services firms to shift £800bn in assets to EU

    January 7, 2019

    Heightened uncertainty over the Brexit negotiations has driven London's financial services companies to move almost £800bn assets to Europe. Firms have continued to commit to move staff and assets away from London to Europe in a bid to protect clients and investors from the impact of leaving the bloc, according to EY. In its latest survey [...]

  • Forex 2019: Dollar rally to fade?

    January 7, 2019  |  City Talk

    The course of 2018 saw a firming in the US dollar against just about every other currency. But the factors that contributed to this steady rise may be starting to diminish. The big question facing the FX markets this year is whether the dollar can continue to push higher or whether the softening in December [...]

  • UK car sales fall for the second year in a row as Brexit uncertainty dampens demand

    January 7, 2019

    UK car sales have fallen for the second year running, according to figures from an industry trade body released today. Dealerships sold 2.37m new cars in 2018, 6.8 per cent fewer than it managed in 2017, and 12 per cent below 2016’s peak of 2.69m, The Society of Motor Manufacturers and Traders (SMMT) said. The [...]

  • Manufacturers worry post-Brexit border delays could hit their businesses

    January 7, 2019

    More than three quarters of British manufacturers say border delays post-Brexit would be a risk to their business, according to a survey released today. The survey by insurer AIG and manufacturing association EEF showed 76 per cent thought delays at the border posed a risk to their business. “While companies are naturally optimistic by their [...]

  • Government sets date for Brexit vote as MPs urge May to avoid no-deal departure

    January 7, 2019

    The government is set to hold the delayed parliamentary vote on Prime Minister Theresa May’s Brexit deal on 15 January, it is reported. The original vote was scheduled for 11 December, but was delayed as parliamentary arithmetic made it clear that May’s deal faced a heavy defeat. Now, the BBC reports that the vote is scheduled to [...]

  • How McCarthy & Stone’s new boss plans to turn around the fortunes of Britain’s largest retirement housebuilder

    January 7, 2019

    As the boss of a FTSE 250 housebuilder which has just passed through a year to forget, John Tonkiss is surprisingly upbeat. For the new chief executive of McCarthy & Stone is a man with a plan, and he thinks it will turn around the fortunes of Britain’s biggest provider of retirement homes. It concerns [...]

  • Taylor Wimpey results in the City spotlight as market jitters linger

    January 6, 2019

    Housebuilding giant Taylor Wimpey is set to reveal its future outlook later this week against a backdrop of lower activity and growing uncertainty across many parts of the UK’s property market. Traders will be turning their attention towards the blue-chip constituent, which is releasing its full-year trading statement on Wednesday, as City caution looms large [...]

  • High street remains in hedge funds’ sights as bets against the consumer sector rise in final quarter

    January 6, 2019

    Hedge funds continued to turn the screws on high street retailers, restaurants and makers of consumer goods at the end of last year, with short positions in the sector increasing 20 per cent. The rise in bets against the industry came in the final three months of the year, and means nearly one-third of total [...]

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