Full List Of Stories
Tuesday newspaper round-up: Brexit vote, construction, dairy, Pearson
A Brexit agreement with the EU would need to be enshrined in law and be subject to scrutiny and a vote by MPs and peers, ministers have conceded. Until now Theresa May and David Davis, the Brexit secretary, have insisted that parliament will only be given a “take it or leave it” vote on the overall deal, without the need for primary legislation. - The Times.
Monday newspaper round-up: Budget hole, Fed head, trains, Tesco
Fresh analysis that reveals a hole of almost £20bn in the public finances will heighten the pressure on the chancellor, Philip Hammond, ahead of next month’s budget. Britain is on track for the deficit – the gap between government spending and tax receipts – to reach £36bn by 2021-22, more than twice the initial official forecast of £17bn, according to the Institute for Fiscal Studies (IFS). - Guardian.
Monday newspaper round-up: Budget crunch, wages, manufacturers, GKN, Spire, BT
Philip Hammond has been warned by cabinet colleagues that he faces an ambush on the budget from Tories who want him out. Senior government figures fear that the chancellor has become so toxic that he does not have sufficient authority to get difficult measures through the Commons. - The Times.
What can investors in stocks and shares learn from poker players?
Whether you are a seasoned investor or are just starting out in investing in stocks and shares, you will probably have identified that in order to succeed in the stock market, certain skills are required. You’ve probably also recognised that these skills can be further applied to other areas of business and investment.
Commodities: Gold recovers from 3 day drop as greenback weakens
Thursday saw the US dollar fall for the second day in a week, with the dollar index down 0. 24% to 93. 140 after 10-year Treasury yields dipped 2 basis points as investors returned to the safety of bonds.
FX round-up: Euro at one-week high as investors shrug off Catalonia referendum
The euro climbed to a one week high on Thursday as Spain moved to suspend autonomy in the region of Catalonia.
Commodities: Stronger dollar continues to fuel gold sell-off
The US greenback has continued to strengthen since late last week and has continued to pressure gold prices lower on Tuesday.
FX round-up: Sterling lower on hawkish BOE tones, greenback firms up for second day
Data out on Tuesday for the the UK showed year-on-year inflation hit a five year high of 3%.
Tuesday newspaper round-up: Brexit dinner, Spain, Interserve, Lloyds
Theresa May's hopes of breaking a deadlock in Brexit talks appeared to be given a boost after she and Jean-Claude Juncker agreed to "accelerate" negotiations. The Prime Minister flew out to dinner with Mr Juncker, the President of the European Commission, after a Brexit charm offensive with other EU leaders ahead of a summit on Thursday. - Telegraph.
Monday newspaper round-up: Missing £490bn, May to Brussels, Chancellor's plans
Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been assumed and no longer has any reserve of net foreign assets, depriving the country of its safety margin as Brexit talks reach a crucial juncture. A massive write-down in the UK balance of payments data shows that Britain’s stock of wealth – the net international investment position – has collapsed from a surplus of £469bn to a net deficit of £22bn.
Friday newspaper round-up: Brexit debate, soft services, RBS, Sky
Ministers have been forced to postpone next week’s debate on the EU withdrawal bill on a chaotic day that saw Michel Barnier warn of a “disturbing deadlock” in the divorce talks in Brussels and a growing whispering campaign against the chancellor in Westminster. Andrea Leadsom, the leader of the House of Commons, told MPs the key piece of Brexit legislation would not be debated next week, as they had planned, as the government struggles to respond to a deluge of hostile amendments.
Tuesday newspaper round-up: Brexit deal, ECJ, Royal Mail, BT
Theresa May has revealed detailed plans for quitting the EU with “no deal” in a move designed to pile pressure on Brussels to begin trade talks. The Prime Minister decided to “focus minds” by publishing draft legislation showing how the UK will implement independent trade and customs arrangements from “day one” after Brexit in March 2019. - Telegraph.
Automotive Parts Trade
A catalogue of car or vehicle parts can include a massive search for customers. Engines, break systems, filters, the body, spark ignition, electrics, cooling system, the list goes on. For some cars and/or vans this is a big undertaking. However, here by Auto Parts Pro is your personal robot to finding the right parts for your automobile.
Monday newspaper round-up: ONS error, Brexit talks, BT, Just Eat
Pressure on the Bank of England to raise interest rates may be building more rapidly than first thought after a mistake by the Office for National Statistics led to domestic inflation being understated. On Friday, the ONS published an error in one of the critical data points used by the Bank of England to gauge domestic price pressures. In a correction to be released today, the nation’s official statisticians are expected to reveal that companies’ employment costs have been rising faster than previously believed.
Sunday newspaper round-up: RBS, gambling, Brexit, Centrica, Mirror, EIS
Royal Bank of Scotland has been accused of pursuing “unrealistic” business lending targets that risk incentivising reckless lending. The taxpayer-owned bank, which is under intense political pressure to boost support to the economy, has set strict targets for small and medium-sized enterprise lending to its around 800 lending managers, who are each expected to lend close to £2m a year. - Sunday Telegraph.
Sunday share tips: Intercontinental Hotels, Reckitt Benckiser, EasyJet
Investors in Intercontinental Hotels Group should mull whether to book profits, suggested the Sunday Times' Inside the City column.
Friday newspaper round-up: OBR, Brexit, Tory coup, energy cap, Tesco
A severe revision to UK growth forecasts will drastically cut Phillip Hammond's wiggle-room in the upcoming Budget. A dramatic over-estimation of the UK's productivity levels over the past seven years by fiscal watchdog, the Office of Budget Responsibility (OBR), means the Chancellor of the Exchequer's room for spending could be reduced by as much as two-thirds. - Telegraph.
Tuesday newspaper round-up: Brexit Secretary, banks, Monarch, G4S
David Davis plans to retire in 2019 and leave Boris Johnson to steer the UK through the transitional period. The Brexit secretary told friends that Michel Barnier, the EU's chief negotiator, "needs this to work more than I do" because he plans to step aside in June 2019 whereas Mr Barnier will still be in post. - Telegraph.
Monday newspaper round-up: Catalan fallout, Monarch, EU banks, Nisa
Riot police who bludgeoned, kicked and fired rubber bullets at voters taking part in an illegal referendum in Catalonia yesterday acted within the law, the Spanish prime minister said. In a day of violence unprecedented in modern Spanish history, 850 people were hurt, three seriously, according to the Catalan authorities. Riot police fired baton rounds in Barcelona and beat pro-independence supporters trying to stop them confiscating ballot boxes. - The Times.