Tories enraged after Liz Truss gaffe lifts lid on £130,000 dinner between May, cabinet and former Russian politician’s wife May 1, 2019 Liz Truss has accidentally revealed that the wife of a former Russian senior politician and ally of Vladimir Putin paid the Tories £135,000 to have dinner with Prime Minister Theresa May and several other cabinet ministers – via an Instagram post. Read more: Truss urges Tories to back May's deal and says UK should slash [...]
Extinction Rebellion hates capitalism, but these climate change protesters wouldn’t exist without it May 1, 2019 The Extinction Rebellion protesters on the streets of London seemed to consist of two disparate interest groups: pensioners and the young. Their shared connection is that most of them – certainly in the former group – seemed to be affluent. An identical alliance was observed a few months ago in the rather unlikely setting of the [...]
Sainsbury’s profit plummets after spending £46m on failed Asda merger May 1, 2019 Sainsbury’s profits tumbled 42 per cent last year as the supermarket giant spent £46m on its failed merger with Asda, it revealed this morning. Read more: Watchdog kills Sainsbury's-Asda merger: What went wrong? The supermarket suffered a body blow last week when the Competition and Markets Authority (CMA) banned the proposed merger “in its entirety”, a [...]
Tech sector activity gets a boost despite falling optimism April 30, 2019 Business activity growth in the UK technology sector has recovered to its fastest pace since the second quarter of 2018, while optimism fell to a 10-year low. The strength of business activity rose to 54.4 in the first three months of 2019, up from 52.3 at the end of last year, according to data from [...]
Tech sector activity gets a boost despite falling optimism April 30, 2019 Business activity growth in the UK technology sector has recovered to its fastest pace since the second quarter of 2018, while optimism fell to a 10-year low. The strength of business activity rose to 54.4 in the first three months of 2019, up from 52.3 at the end of last year, according to data from [...]
Michael Gove meeting ‘disappointing’, says climate protest group Extinction Rebellion April 30, 2019 Climate protest group Extinction Rebellion has said it was left “frustrated” by talks with environment minister Michael Gove today, because he would not declare a climate emergency. Read more: Climate protesters blockade Treasury in action against finance sector Activists said Gove committed to discussions with London mayor Sadiq Khan on holding a citizens assembly on [...]
European elections poll: Conservatives trail Brexit party and Labour with 13 per cent of vote April 30, 2019 A new poll has put the Conservatives behind Labour, the Brexit party and Change UK as voters prepare for the European elections almost three years since 2016's vote to quit the EU. Theresa May's party is on track to win just 11 per cent of the vote in London, well behind Labour’s 28 per cent, [...]
Tom Watson leaves shadow cabinet meeting early over second referendum splits April 30, 2019 Labour’s deputy leader Tom Watson walked out of a shadow cabinet meeting today in a bust-up over leader Jeremy Corbyn’s position on a second Brexit referendum. Watson denied reports he stormed out of the meeting after copies of the party's EU manifesto document were not shared with the cabinet. Read more: Labour could bypass second [...]
Extra large order: Beyond Meat hikes offering ahead of float April 30, 2019 A vegan burger startup sent signs of confidence through Wall Street today after raising the price range and size of its initial public offering (IPO). Read more: Vegan startup Beyond Meat brings plant-based burger to the UK In a move that could value the group at almost $1.5bn (£1.15bn), Beyond Meat is set to price [...]
Amazon boss Jeff Bezos tops list of Silicon Valley’s best performing tech CEOs April 30, 2019 Amazon’s share price has risen by 83 per cent year-on-year, making boss Jeff Bezos the US’s best performing tech chief executive. The online shopping platform’s share price has jumped $69.53 on average per year during Bezos’ 22-year reign as Amazon’s chief executive. Read more: Investigator accuses Saudi Arabia of hacking Jeff Bezos's phone In 1997, which [...]