The Green Investment Bank sale process has come under intense scrutiny in recent months, with several MPs raising concerns about the credentials of the government’s preferred bidder, Macquarie. The privatisation was expected to complete at the end of 2017.Read more: Green Investment Bank in judicial reviewAfter appointing Barclays to oversee the sale, the government formally kicked off the student loan auction process in early February.The Budget document said: More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeJobs in USA | Search AdsFinding a Job in the USA from Scottsdale Might be Easier Than You ThinkJobs in USA | Search Adstibgez10 Things You Should Know about Lewy Body DementiatibgezBleuBloom.com8 Tips To Keep Your Fruits and Veggies Fresh LongerBleuBloom.comHistory DailyIconic Vintage Images Not Published In History BooksHistory Dailyhttps://zenfir.com/Try Not To Throw Away a Banana Peel Again After You See Thishttps://zenfir.com/SmartWatch AdvisorWhy Is Everybody Snapping Up This New 49€ Smartwatch? ( You Should Read This )SmartWatch Advisoranymuscle.comProstate Cancer and Enlarged Prostate – Causes, Symptoms, Prevention and Treatmentanymuscle.comblog.diffbot.comConverting text documents into knowledge graphs with the Diffbot Natural Language APIblog.diffbot.comHealth & Human Research11 Most Powerful Natural AntibioticsHealth & Human Research On Lloyds, the government said it was “on track to recover all of the £20.3bn injected into the bank”.The government revealed last month that it had reduced its stake in Lloyds Banking Group to less than four per cent, meaning a total of £19bn had been recovered.On Royal Bank of Scotland, the Treasury said it remained unclear when it would be able to kickstart the share sale process.Uncertainty over the level of fines to be levied on RBS is holding up the share sell-off.Read more: RBS no closer to privatisation despite £3.1bn US fine provision Wednesday 8 March 2017 1:46 pm The government remained largely quiet on its various privatisation processes in the Budget today.The Treasury announced no new sell-offs, and confirmed the sale of the Green Investment Bank and £12bn of student loans are ongoing. whatsapp Budget 2017: Government provides updates on sales of Green Investment Bank, Lloyds and RBS The sale process is expected to take several months and remains subject to market conditions and a final assessment of value for money. This is the first tranche of a programme of sales which is forecast to raise £12 billion by 2020-21. On Bradford & Bingley, the Treasury said the sale process of £15.65bn of mortgage assets is expected to conclude by the end of 2017/18.Chancellor Philip Hammond confirmed he would be moving forward with the sale in the Autumn Statement last year.No announcement was made in relation to Channel 4, which the government is considering selling off also. William Turvill Share read more


The House of Lords has voted against reinstating their amendment to the Brexit bill, nearly clearing the way for Prime Minister Theresa May to trigger Article 50 by the end of the month.Peers voted down the Lib Dem amendment by a majority of 156. Now, the bill needs the Queen to give Royal assent, which will officially hand May the power to begin Brexit. Share whatsapp whatsapp This comes after MPs overwhelmingly backed May’s plans for Brexit, rejecting two amendments to legislation that ministers claimed would have restricted the UK’s ability to negotiate.After two hours of debate on the Article 50 Bill, MPs voted by 335 to 287 to strike down a clause that would have mandated protection for EU nationals currently in the UK.And a bid to offer parliament a “meaningful” vote on the final Brexit deal – which could have been used to force May back to negotiations if MPs and peers rejected the results of her negotiations – was rejected 331 to 286.Despite the government victory, the debate again laid bare divisions on the Conservative benches, with MPs including former Conservative ministers Dominic Grieve and Anna Soubry criticising the approach to Brexit.However, few Tories went as far as actually rebelling against the government. Just two Conservative MPs voted to retain the amendment on EU nationals, while none voted to support the “meaningful” vote amendment. Read More: New Scottish vote creates uncertainty “at worst possible time” say No10It comes after it emerged that May would not trigger Article 50 this week, despite the House of Lords being put on notice to vote on the historic legislation as soon as possible.The vote in the House of Commons means that the unelected House of Lords will now be face greater pressure to approve the bill without the amendments. Sacked Brexit rebel Lord Heseltine said this weekend that peers must be prepared to back down if MPs scrap the changes. Monday 13 March 2017 10:23 pm Mark Sands Peers and MPs have scrapped both amendments to Theresa May’s Brexit Bill by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeWork From Home | Search AdsLooking for International Work From Home Jobs? Find Results NowWork From Home | Search AdsAnyMuscle.comNatural Ways to Reduce Your Risk of Suffering From CancerAnyMuscle.comThe pomaholicShe Sticks a Rose Stalk into a Potato and Look What Happens a Week Later!The pomaholicFribbla.comThese 40 Wedding Gowns Made The Guests UncomfortableFribbla.comInvest ClownAli MacGraw Is 82 Years Old And Looks Very Different From What We Remember.Invest ClownHappy Pumpkin10 Delicious Freezer Meal Recipes to Dump into the Slow Cooker – Happy PumpkinHappy PumpkinCaramello10 Best Dog for Seniors – CarammelloCaramelloHealthline: Medical information and health advice15 Evening Habits that are Definitely Bad for Night’s SleepHealthline: Medical information and health adviceCookingAmour12 Best Natural Immunity Boosters For Cold And Flu This WinterCookingAmour read more


whatsapp Saturday 17 June 2017 3:22 pm Share Queen’s 91st birthday flypast 2017: How to watch it, what time it’s happening and which RAF aircraft are taking part #QBP2017 flypast over Buckingham Palace at 1300 on Saturday. Yesterday’s formation rehearsal @RoyalAirForce @RAFBrizeNortonpic.twitter.com/NKO4HbBdeF— RAF Northolt (@RAFNortholt) June 14, 2017In case you can’t wait for the aviation display later on, have a look at this flypast from last year, which took place as part of the celebrations for the Queen’s 90th birthday: Caitlin Morrison The flypast will begin at 1pm today, Saturday 17 June.Where can I watch it?The flypast will form at Southwold in Suffolk and fly via Ipswich, then enter the London City Control Zone south of Stapleford aerodrome.The formation is aiming for Buckingham Palace so that’s the area you should be in if you want to get the best view. The Palace is surrounded by parks, so you should be able to find a spot in St James’s Park Green Park or Hyde Park.Which aircraft are taking part?The flypast will include a Chinook, King Air B200s, Typhoons, a Voyager, Tornado GR4s and the Red Arrows.What else do I need to know?The flypast is part of the Queen’s birthday celebrations. While she turned 91 on 21 April, her actual birthday, the official celebration for Her Majesty’s birthday traditionally takes place in the summer months – that’s why the festivities are taking place two months after the fact.The RAF has been providing updates on its preparation for the weekend via Twitter. The Queen’s 91st birthday may have been and gone, but Her Majesty is still getting presents from her subjects – the next will be a flypast, taking place today.If you’re interested, here’s everything you need to know about the big event:What time will the flypast start? whatsapp read more


Monday 3 September 2018 9:47 am DEBATE: With PwC letting workers choose their own hours, is the 9-to-5 working week still relevant? Jason Downes and Martin Martinoff With PwC letting workers choose their own hours, is the 9-to-5 working week still relevant?While the idea of the traditional 9-5 might be shifting in terms of where and how we work, we certainly shouldn’t abandon the principle of specific working hours altogether. Share whatsapp whatsapp Technology makes collaboration across different locations and time zones possible. Our businesses are becoming more global, and many are already seeing their working hours change to respond to clients across the world. On top of this, the needs of the workforce are changing. Young people prioritise different things to workers of their parents’ generation. Mothers are returning to work, but still shoulder the burden of childcare. Technology opens up the world of work for those who can’t commit to the 9-to-5.As technology helps our businesses become more global and more inclusive, traditional working hours will become less relevant.Read more: Checking emails on the daily commute ‘should count as work’ There is no denying that technology is a fantastic enabler which empowers thousands of employees every day, allowing them to work flexibly and improve their work-life balance. However, when the right policies aren’t put in place, the technology used to enable flexible working can also create instances of employees being unable to switch off and encourage them to work longer hours than needed.In order to prevent employees adopting practices which negatively impact their work-life balance and mental wellbeing, leaders need to ensure that they create a culture which doesn’t promote “digital presenteeism” – where employees feel like they have to be constantly online, even outside of their working hours. If leaders want to maintain a happy, productive and motivated workforce, they need to encourage their employees to draw clearer boundaries between work and life. And set hours can help with that.£ Jason Downes is managing director of Powwownow.Read more: New PwC recruits to set own hours under flexible working schemeMartin Martinoff, programme manager of AuditFutures at ICAEW, says NO.Technology has enabled most professionals to do anything from anywhere. We work in a 24/7 contact culture, so for most people, working 9-to-5 is already in the past. With such high demand for our time, flexible working is good for productivity, but it is also necessary for morale and mental health. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse CoastZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastBetterBe20 Stunning Female AthletesBetterBeWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorNovelodgeMan Pulls Hidden String In Scottsdale And Discovers Secret Room Filled With…Novelodge read more


first_img whatsapp Tags: Trading Archive James Booth Thursday 1 November 2018 12:54 pm whatsapp However, its corporate solutions group had a loss of $5m which it blamed on “large loss events”.It cited typhoons Jebi and Trami in Japan, hurricane Florence and the Carr wildfire in the US, and a windstorm in Canada as having had a particular impact on claims.Its share price rose 1.36 per cent.center_img Read This NextSmoking and Hair Loss: Are They Connected?Vegamour’The Blacklist’ Fans Are Not Happy They Didn’t Find Out What Was in ThatThe Wrap’The Blacklist’ Finale All But Confirms Long-Held Fan Theory About Red’sThe WrapIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamour15 Surprises About the Original ‘The Fast and the Furious,’ From CastThe WrapTop 5 Tips If You’re Losing Your EyebrowsVegamourHow Often Can You Dye Your Hair?VegamourThe 15 Best Friendship Moments in ‘The Bold Type’ (Photos)The Wrap Share Last year at the same period it suffered a $468m loss from the impacts of major disasters.Gross premiums roses 6.5 per cent to $28.4bn and return on equity was 4.7 per cent.Swiss Re’s chief executive Christian Mumenthaler said: “During the third quarter, we once again witnessed a series of natural catastrophes and large man-made disasters that devastated lives and disrupted businesses, particularly in Japan and in the US. The situation continued to be challenging in the US, with the landfall of hurricane Michael in October.”Its property and casualty reinsurance group reported a net profit of $634m which was impacted by large loss events.Its life and health reinsurance business recorded net profit of $644m and continued gross premium growth Reinsurer Swiss Re said it had recorded a profit of $1.1bn (£850m) for the first nine months of the year, despite an expected $1.6bn claims burden from man-made and natural catastrophes. Swiss Re records $1bn profit despite losses from hurricanes and typhoons last_img read more


first_img whatsapp Brexit has driven support for Scottish independence to 49 per cent, the highest point in the last few years, according to the latest poll.A poll by Yougov showed that support for Scotland breaking away from the United Kingdom has increased from 45 per cent in June last year, Reuters reported. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionUndoPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemUndoDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyUndoElvenarIf You Are Above 30, this Fantasy Game is a Must-Have. No Install.ElvenarUndo More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Share Jessica Clark “These patterns represent a clear warning to the Unionist camp that the pursuit of Brexit might yet produce a majority for independence,” polling expert Professor John Curtice wrote in The Times. Saturday 27 April 2019 2:43 pm whatsapp Brexit drives support for Scottish independence to 49 percent Tags: Brexit Nicola Sturgeon People Read more: Prolonged Brexit process hurting UK economy, Goldman Sachs warnsA referendum on Scottish Independence in 2014 saw Scots vote to remain part of the UK, however, Scotland also voted to remain in the European Union in 2016.The poll also found that 53 per cent of Scots would not support a second referendum on independence in the next five years, as Scotland’s first minister and SNP leader Nicola Sturgeon pushes for another vote before 2021.Read more: P&O sues government after no-deal Brexit ferries fiascoScottish voters were also moving away from both the Conservatives and the Labour Party, the Yougov poll showed.last_img read more


first_img Starting salary inflation for permanent positions cooled to a nine-month low in April, although wages still increased, according to the latest UK report on jobs from KPMG and the Recruitment and Employment Confederation (REC).Candidate shortages due to record-low unemployment levels combined with lower demand for permanent workers to produce a fall in staff appointments in the capital.Recruitment consultants attributed the reduction in permanent positions to caution around Brexit among firms and employees, as well as candidate shortages.Many economists have suggested that the Brexit impasse was in fact boosting employment, as companies chose to make reversible hiring decisions rather than larger, long-term investments in things like machinery and technology.London was the only region to see a fall in demand for permanent workers in April, with growth evident in the other three English regions of the north, south, and midlands. whatsapp London sees sharpest fall in permanent jobs in almost three years in April, survey shows Tags: Brexit The number of people starting permanent jobs in London fell at its sharpest rate for almost three years in April, new analysis has revealed, in a sign that the capital’s jobs boom may be slowing.Read more: UK employment hits record high as wages grow again Harry Robertson Thursday 9 May 2019 12:00 amcenter_img Share The London report is compiled for KPMG and the REC by data service firm IHS Markit from responses to questionnaires sent to recruitment companies.James Stewart, vice chair at KPMG, said: “This report shows how the UK jobs market has seized up, with both employers and candidates waiting to see which direction Brexit is going to go in.”“On the supply side, a high rate of employment and the apprehension of potential candidates means there just aren’t a lot of suitably skilled people out there to hire anyway,” he said.Read more: Backlog of employment tribunal cases balloons 77 per centStewart added: “This is an increasing problem for firms in technology, health, and engineering who are experiencing a skills gap.” whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comlast_img read more


first_img whatsapp JP Morgan Asset Management has appointed Hugh Gimber as a global market strategist on the firm’s EMEA Market Insights team. Based in London, Hugh will deliver market and economic insights to financial advisers and institutional investors across the UK and Europe. Hugh joins from Blackrock Investment Institute, where he served as vice president and multi-asset investment strategist. In this role he presented multi-asset investment, asset allocation and economic commentary to a wide variety of clients, with a focus on explaining complex concepts in accessible terms. CYBG City MovesSend your appointments to [email protected] JP Morgan Asset Management by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsMisterStoryWoman files for divorce after seeing this photoMisterStoryNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsElvenarIf You Are Above 30, this Fantasy Game is a Must-Have. No Install.ElvenarUnderstand SolarThe Average Savings From Solar Might Surprise You. Click to Calculate Your Savings.Understand SolarTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm CYBG has announced two new appointments to its senior leadership team. Lucy Dimes will join the Bank in July as group business transformation officer to lead on improving the efficiency and effectiveness of the bank and the successful delivery of its investment and transformation plan. Lucy previously worked with UBM, where she was chief executive officer (CEO) EMEA (Europe, Middle-East and Africa). She previously held a number of CEO and chief operations officer (COO) roles for telecoms and technology companies around the world, including Fujitsu, Equiniti Group and Nokia. In addition, Fraser Ingram has been announced as the Bank’s Group COO. Fraser originally joined CYBG in 2016 as chief information officer. Over the last six months, he has played an integral role on the leadership team as interim chief operating officer, leading the work to bring together the operational and technology functions of CYBG and Virgin Money while also shaping future strategy. Fraser joined CYBG from Kleinwort Benson, where he held the role of COO. Prior to this he held a wide range of senior business and technology roles, mainly in RBS, including information chief of Citizens Bank in the US. whatsapp Squire Patton Boggs is pleased to announce that James Collis is joining the firm as a partner in its financial services practice in the London office. James was formerly managing partner of Ashurst, and most recently a partner in its banking practice, focusing on acquisition finance and general banking law. Specialising in banking and finance law since training at Ashurst in the 1990s, James’ broad experience includes advising on corporate and cross-over credit, as well as cross-border acquisition finance and restructuring transactions. Prior to his appointment as managing partner in London, James was a finance partner in Paris for seven years. During that time he advised many major French and international businesses on leveraged finance, restructuring, and other financing matters. City Moves for 27 June – Who’s switching jobs? Squire Patton Boggs Today’s City Moves includes CYBG, Squire Patton Boggs and JP Morgan Asset Management. Wednesday 26 June 2019 11:56 pm Sharelast_img read more


first_img Wednesday 10 July 2019 11:42 am Sterling climbed from two-year lows against the dollar following the release of the figures. It had risen 0.1 per cent against the greenback shortly before midday UK time to buy $1.247. In May GDP grew by 0.3 per cent month on month after the fall seen in April. The three-month growth rate is a more reliable indicator of the economy’s health, however. LONDON – AUGUST 17: Construction men work on a shopping centre being built by construction group Multiplex in White City on August 17, 2006 in London, England. Australia-based construction group Multiplex has reported a doubling of its annual profits as asset sales and growth in values of its properties increased. (Photo by Scott Barbour/Getty Images) The service and production – which includes manufacturing – sectors contributed positively to economic growth in the three months to May, the ONS said, but the construction sector registered no growth. whatsapp Harry Robertson Kent-Smith said: “GDP grew moderately in the latest three months, with IT, communications and retail showing strength. Despite this, there has been a longer-term slowdown in the often-dominant services sector since summer 2018.” “Although before today’s release we had expected a 0.2 per cent quarter-on-quarter fall,” he said. The ONS is due to release official second-quarter GDP figures next month. “Market indicators are giving cause for concern and investor optimism is experiencing a wobble,” he said. “The deteriorating picture across the UK’s service industries is of particular concern,” said Yael Selfin, chief economist at KPMG UK. GDP fell in April as car plants carried out planned shutdowns around the original Brexit date. ONS head of GDP Rob Kent-Smith said today’s headline growth figure “was mainly due to the partial recovery in car production” in May. whatsapp The UK’s service sector, which makes up over 70 per cent of the economy, stagnated in May, the ONS said. Meanwhile the production sector “partially recovered”. Sharecenter_img Read more: UK service sector ‘close to stagnation’ as economy slows Paul Dales, chief UK economist at Capital Economics, said despite today’s figures “it looks as though the economy contracted by around 0.1 per cent quarter on quarter in the second quarter”. The better-than-predicted growth, shown in data released today by the Office for National Statistics (ONS), came despite the economy contracting by 0.4 per cent in April as car plants shut down due to Brexit. The UK economy expanded by 0.3 per cent in the three months to the end of May, official statistics have shown, beating analysts’ expectations of just 0.1 per cent growth. Contraction fears Chief investment officer at financial services group Sanlam, Phil Smeaton, said that “while job growth remains robust, GDP performance is underwhelming as we see the pre-Brexit stock building boost starting to wear off”. “The UK economy is faltering under the weight of relentless Brexit uncertainty and tougher global economic conditions,” he said. The UK economy has slowed in recent months amid Brexit uncertainty and weak global growth, and analysts today remained gloomy about Britain’s prospects. Forward-looking indicators have shown a slowdown in the service, manufacturing and construction sectors. UK economic growth beats expectations but contraction worries remain Dales said: “Momentum has been lost in all sectors since earlier in the year.” Yet he said: “We don’t think we’re heading for a recession as GDP will probably rise in the third quarter.” “Financial services output has now been contracting for 15 consecutive months, with Brexit likely to inflict permanent damage on the sector’s growth prospects,” she said.  Read more: UK construction sector suffers worst output in 10 years Suren Thiru, head of economics at the British Chambers of Commerce (BCC), said more must be done “to boost the UK’s growth trajectory by delivering the transformative infrastructure projects needed to secure the UK’s economic future”. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orglast_img read more


first_imgBut a Number 10 source said the document pre-dated Boris Johnson’s premiership, when ministers were not seriously preparing for a no-deal Brexit.  Both meetings precede the G7 summit in Biarritz on Saturday, in which Johnson will make his first international appearance as Prime Minister.  Downing Street has insisted that Whitehall reports predicting chaos and disruption in the event of a no-deal Brexit were outdated, as Boris Johnson dashes to meet EU leaders for last-minute talks next week. Downing Street rejects leaked no-deal Brexit chaos claims whatsapp Meanwhile, 100 MPs from across the political divide, including the leader of the Liberal Democrats Jo Swinson and Tory rebel Guto Bebb, urged Johnson to recall parliament from summer recess in light of the leaked no-deal Brexit claims.  “Those obstructing preparation are no longer in government, £2bn of extra funding has already been made available and Whitehall has been stood up to actually do the work through the daily ministerial meetings. The entire posture of government has changed.” Read more: Food, fuel and drug shortages: Leaked paper reveals no-deal Brexit fears The claims were also played down by Michael Gove, who is now the minister in charge of the government’s no-deal preparations.  Merkel said Germany was prepared for a disorderly Brexit but that she would “make an effort to find solutions – up until the last day of negotiations”.  MPs are due to come back from summer recess on 3 September. LONDON, ENGLAND – JULY 24: New Prime Minister Boris Johnson speaks to media outside Number 10, Downing Street on July 24, 2019 in London, England. Boris Johnson, MP for Uxbridge and South Ruislip, was elected leader of the Conservative and Unionist Party yesterday receiving 66 percent of the votes cast by the Party members. He takes the office of Prime Minister this afternoon after outgoing Prime Minister Theresa May took questions in the House of Commons for the last time. (Photo by Jeff J Mitchell/Getty Images) He said the UK would experience “bumps in the road” if it leaves the EU without an agreement at the end of October but that government was “far more prepared now than it was in the past”.center_img Sunday 18 August 2019 7:01 pm The revelations come ahead of the Prime Minister’s visit to the continent next week, in a last-dash hope of securing a deal. He will meet German Chancellor Angela Merkel in Berlin on Wednesday and French President Emmanuel Macron on Thursday in Paris. Claims made within the leaked dossier, codenamed Operation Yellowhammer, predicted food, fuel and medicine shortages in a no-deal exit. “This document is from when ministers were blocking what needed to be done to get ready to leave and the funds were not available,” the source said. “It has been deliberately leaked by a former minister in an attempt to influence discussions with EU leaders. Read more: Boris Johnson urged to recall parliament amid no-deal Brexit ’emergency’ Alexandra Rogers The document, leaked to the Sunday Times, also said there would be a return of a hard border in Ireland – the main sticking point in the Brexit negotiations – leading to the possibility of civil unrest. Share whatsapp More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comlast_img read more

Recent Comments