Opposition to Mike Ashley builds ahead of Sports Direct meeting August 29, 2019 A third proxy adviser has today recommended shareholders attempt to oust Mike Ashley at the upcoming Sports Direct annual meeting due to concerns about a string of controversies at the FTSE 250 retailer. Institutional Shareholder Services (ISS) has joined advisory firms Glass Lewis and Pirc to recommend that investors vote against Ashley’s re-election as a [...]
Boris Johnson’s parliament prorogation generates huge backlash August 29, 2019 A petition against proroguing parliament has gathered more than 1m signatures as Prime Minister Boris Johnson faces an angry revolt over his move. Thousands of protesters gathered outside parliament and Downing Street yesterday evening to voice their anger against the prorogation. Read more: Boris’ Brexit blindside: What the hell just happened? Demonstrators called the decision [...]
This epic proroguing gamble shows that Boris is not about to let dithering be his downfall August 29, 2019 Countless criticisms were levelled at Theresa May during her final months in power. She was accused of being stubborn, blinkered, deaf to the mood of the public, and innumerate when it came to considering the parliamentary maths. These are legitimate rebukes, but they were not her biggest failing. The fatal flaw in the tragedy that [...]
Watch Elon Musk’s Space X Starhopper rocket hit new heights on Texas hover test August 28, 2019 Elon Musk’s Space X took another small step – or giant hop – on the entrepreneur’s mission to colonise Mars yesterday, as a prototype of its next generation Starhopper rocket reached its highest altitude yet on a hover test. The next generation rocket slowly climbed to 150m above Space X’s test site in Texas before [...]
Asian stocks rise cautiously after Trump softens trade war rhetoric August 27, 2019 Stock markets in Asia climbed cautiously into the green this morning after President Trump made more optimistic comments about the trade war following what he described as two “very good calls” from Beijing. “China called last night our top trade people and said: ‘Let’s get back to the table,’” he said at the G7 summit [...]
Boris Johnson hits back at Tusk’s ‘Mr No Deal’ claims August 24, 2019 Boris Johnson has hit back at a claim from the European Council President Donald Tusk that he hoped the Prime Minister would not go down in history as “Mr No Deal”. Speaking at a press conference at the G7 summit in France, Tusk said: “The EU was always open to co-operation when David Cameron wanted [...]
EU ‘willing to listen’ to UK’s Brexit ideas, says Donald Tusk August 24, 2019 European Council President Donald Tusk has said the EU is “willing to listen” the UK’s ideas on a new withdrawal agreement, but added that Boris Johnson will not want to be known as “Mr No Deal”. Speaking at a press conference ahead of the G7 summit in Biarritz, France, Tusk said he was willing to [...]
UK economy on course to stagnate in third quarter, says Bank of England governor August 24, 2019 Bank of England governor Mark Carney has said that the UK’s economy is on course to stagnate in the third quarter. He also said that underlying growth looked muted even with Brexit volatility stripped out. Read more: UK will remain ‘energetic partner’ on world stage after Brexit, says Boris Carney said Britain’s economy was “currently [...]
Boris Johnson: UK will remain ‘energetic partner’ on world stage after Brexit August 24, 2019 Boris Johnson says the UK will not “retreat” from the international community as it leaves the EU. The Prime Minister is set to meet with world leaders at this weekend’s G7 in France in his first international summit as leader. Read more: Trump announces tariff hikes as China trade war escalates He will discuss Brexit [...]
Trump announces tariff hikes as US-China trade war escalates August 24, 2019 Donald Trump has hit back at China by announcing plans to increase the tariffs on imports by a further a five per cent. The trade war between the US and China escalated further on Friday, with China revealing plans to hit $75bn of US goods with duties. Read more: Trump tirade against China sends stock [...]
