UK GDP rose 0.3% in Q3 2019 with services up 0.4%, manufacturing unchanged and construction up 0.6%. So much for recession.— Andrew Neil (@afneil) November 11, 2019
Monday, November 11, 2019
Wednesday, November 06, 2019
Like-for-like sales in clothing and home fell by 5.5% during the six months to 30 September, worse than the expected 4.3% drop.
However, like-for-like sales in food grew by 0.9%, ahead of a forecast 0.3% rise.
M&S need to consider spinning off their food business into a stand alone business, and facing the reality that they are no longer a clothing retailer.
Monday, November 04, 2019
The cuts are the result of performance reviews involving of some of KPMG’s senior team, and follow on from reports that KPMG's private members' club will be closed.
Monday, October 28, 2019
The Telegraph reports that KPMG is exploring plans to close the five-storey townhouse at 20 Grosvenor Street, which boasts a rooftop terrace, restaurant and private meeting rooms.
KPMG will also transfer most of its marketing department from Canary Wharf to Reading.
It is understood that around 50 roles were placed at risk of redundancy as a result of the restructure.
Known as Number Twenty, the facility was set up only four years ago to entertain clients.
Friday, October 25, 2019
BREAKING Sajid Javid has "postponed" production of the new Brexit 50p coins due to the likelihood that the UK will not leave the European Union next Thursday.https://t.co/dh5kbLuWrj— Christopher Hope📝 (@christopherhope) October 25, 2019
Monday, October 21, 2019
Tuesday, October 15, 2019
Mark Carney tells the Treasury Select Committee that 'there will be material moves' in the value of the pound in the run up to the October 31 Brexit deadline.— Jack Maidment (@jrmaidment) October 15, 2019
He says those moves could go either way depending on events. 📈📉
The Board saddled the company with debts that it could not afford.Business Committee hearing from the CEO, Chair, CFO, audit ctte chair and head of the remuneration committee of Thomas Cook in a sec. 👀 Live on BBC Parliament obvs— Alex Partridge 🚡 (@alexpartridge87) October 15, 2019
.@RachelReevesMP @CommonsBEIS chair: "It was not a complex business, the complexity was the debt you saddled the company with... The truth is you failed... these debts caught up with you"— Paul Kelso (@pkelso) October 15, 2019
Monday, October 14, 2019
Wednesday, October 09, 2019
ECB'S DE GUINDOS SAYS WE HAVE NOT INCLUDED IN THE BASELINE THE POSSIBILITY OF A NO-DEAL BREXIT, OR EVEN AN ESCALATION OF TRADE TENSIONS, IF THESE DOWNWARD RISKS MATERIALISE, THE GROWTH OUTLOOK WILL DETERIORATE FURTHER - RTRS— Martin Baccardax (@mdbaccardax) October 9, 2019
Thursday, October 03, 2019
September UK #PMI surveys indicated the second-largest monthly fall in business activity since the global financial crisis, pointing to a second successive quarterly drop in #GDP 1/ pic.twitter.com/X8Du68hbyU— Chris Williamson (@WilliamsonChris) October 3, 2019
Monday, September 23, 2019
As per the BBC:We are sorry to announce that Thomas Cook has ceased trading with immediate effect.— Thomas Cook (@ThomasCookUK) September 23, 2019
This account will not be monitored.
Please visit https://t.co/WWiKkzLYQJ for further advice and information.#ThomasCook pic.twitter.com/Nf1X3jn97x
My sympathies to those who have lost their jobs."Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed.The UK Civil Aviation Authority (CAA) said the tour operator had "ceased trading with immediate effect".
It has also triggered the biggest ever peacetime repatriation, aimed at bringing more than 150,000 British holidaymakers home.
Peter Fankhauser, Thomas Cook's chief executive, said the firm's collapse was a "matter of profound regret".
Commenting as the company entered compulsory liquidation, Mr Fankhauser also apologised to the firm's "millions of customers, and thousands of employees".
The tour operator's failure puts 22,000 jobs at risk worldwide, including 9,000 in the UK."
Wednesday, September 18, 2019
Wednesday, September 11, 2019
The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet.....— Donald J. Trump (@realDonaldTrump) September 11, 2019
....The USA should always be paying the the lowest rate. No Inflation! It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing. A once in a lifetime opportunity that we are missing because of “Boneheads.”— Donald J. Trump (@realDonaldTrump) September 11, 2019