US and UK working on ‘very substantial’ trade deal, says Trump July 27, 2019 US President Donald Trump has revealed that he has begun talks with Boris Johnson and the UK about a “very substantial” trade deal. Speaking on Friday, Trump said that a deal between the two countries following the UK’s exit from the European Union could lead to a “three to four, five times” increase in current [...]
Boris Johnson to pledge funding for high-speed rail route between Leeds and Manchester July 27, 2019 Boris Johnson is expected to pledge to fund a new high-speed rail link between Leeds and Manchester during a speech in the latter, later today. He will give his backing to the trans-Pennine transport link to “turbo-charge the economy”. Read more: UK car industry tells Boris Johnson no-deal Brexit not an option It is the [...]
Sports Direct hit by £605m Belgian tax bill and ‘terminal’ House of Fraser problems July 27, 2019 As Sports Direct finally released its financial results yesterday following the close of the market, Mike Ashley admitted it may have been a mistake to buy House of Fraser last year. The sporting goods retailer delayed announcing its results, which are usually released before the market opens at the start of the day, on three [...]
Enough buffoonery, Boris: it’s time for you to step up July 26, 2019 They say a week is a long time in politics. By that measure, this one has been longer than most. We’ve seen Theresa May’s departure from Downing Street (headed for Lords, it seems, and most likely a glass or two of chilled Pinot Grigio) and the installation of Alexander Boris de Pfeffel Johnson as prime [...]
Mike Ashley stays silent on Sports Direct as London Stock Exchange ends trading July 26, 2019 Sports Direct was meant to deliver a delayed set of results to the City today, but trading opened and closed and the only messages to come from Mike Ashley’s retailer were three further delays. The sportswear firm failed to update the market at 7am, before telling journalists to await an update at 12pm. Read more: [...]
US economic growth falls short of Trump’s target July 26, 2019 US economic growth last year fell short of the Trump administration’s three per cent target, potentially sparking renewed criticism of the government’s $1.5 trillion tax cuts. Gross domestic product grew at a rate of 2.9 per cent in 2018, the US Department of Commerce announced today. Read more: US economy adds just 75,000 jobs in [...]
John Glen retains position as economic secretary to the Treasury and City minister July 26, 2019 Boris Johnson has continued the process of selecting his ministers today following his appointment as Prime Minister on Wednesday. The latest to benefit is John Glen, the MP for Salisbury and South Wiltshire, who has retained his position as the economic secretary to the Treasury and City minister. Read more: UK car industry tells Boris [...]
Golf clubs, cash and Russia: Trump makes speech in front of doctored seal July 26, 2019 When President Trump came to the stage before an adoring crowd of young Conservatives he was beaming, oblivious to the presidential seal that was sending him up. Trump was speaking at a summit for Turning Point USA – a young conservative political action group – earlier this week. An introductory video had been shown, one [...]
Boris Johnson ramps up no-deal Brexit plans with £300m freight capacity pledge July 26, 2019 Boris Johnson has pledged to spend up to £300m on extra freight capacity in order to keep vital goods moving in the event of a no-deal Brexit. The disruption to imports and exports across the Channel is one of the most prominent risks facing Britain in the event of the UK leaving the European Union [...]
Boris Johnson to begin recruiting 20,000 new police officers in first policy as Prime Minister July 26, 2019 New Prime Minister Boris Johnson has unveiled the first policy he will implement since winning the Tory leadership battle on Wednesday. Johnson has confirmed that the process of recruiting an additional 20,000 police officers will begin “within weeks” across England and Wales. Read more: Johnson gears up for war with a cabinet of resurrected soliders [...]
