Press Round-Up Full (Premium)
Friday newspaper round-up: Sainsbury's-Asda, Brexit, Tui, trade war, Ofgem, Scotland, Tesla, Elon Musk
Banks, insurers and telecoms providers face an investigation into how they treat long-standing customers after Citizens Advice said that loyalty was costing consumers more than £4 billion a year. The charity has lodged a super-complaint with the Competition and Markets Authority (CMA) after finding that households pay almost £900 a year too much on average across the mobile phone, broadband, insurance, savings, and mortgage markets. - The Times.
Thursday newspaper round-up: Fed, Brexit, Unilever, novichok, Lloyds, Barclays
The Federal Reserve raised interest rates last night and signalled that it would pick up the pace of increases as officials drew the curtain on an era of ultra-loose monetary policy put in place during the financial crisis. The central bank lifted its benchmark lending rate by a quarter of a percentage point to a range of 2 per cent to 2. 25 per cent. Thanks to America’s robust economic growth and buoyant jobs market, it anticipates one more rate rise this year, in December, and three increases next year.
Sunday newspaper round-up: Brexit, Theresa May, snap election, Tidal Lagoon Power, Hornby, RBS
Theresa May’s aides have secretly begun contingency planning for a snap election in November to save the Brexit talks and her job after EU leaders rebuffed the prime minister’s Chequers plan. Two senior members of May’s Downing Street political operation responded to her summit humiliation in Salzburg last week by “wargaming” an autumn vote to win public backing for a new plan. - The Sunday Times.
Wednesday newspaper round-up: Brexit, Tesco, Tesla, Unilever, North Korea, BAE Systems
Theresa May’s plans for a tough new immigration regime were given a boost yesterday after a key report called for an end to low-skilled migration from the EU after Brexit. A year-long independent report by the government’s advisers into the link between migration and the economy recommended a “global” system. This would make EU citizens subject to the same rules as immigrants from non-European countries after January 2021 and could mean that those who want to live in Britain for more than six months would need visas.
Sunday newspaper round-up: Boris dossier, 21st Century Fox, Sky, Apple, John Lewis Partnership
The Tory party was plunged into a bitter civil war over dirty tricks last night after it was revealed that Theresa May’s aides drew up a dossier on Boris Johnson’s sex life in an apparent effort to prevent him from becoming prime minister. - The Sunday Times.
Sunday newspaper round-up: Theresa May, Jeremy Corbyn, Tesla, Yorkshire Water, Sports Direct
Theresa May was facing a fresh threat to her leadership last night as senior Tories said the man who ran her election campaign is secretly masterminding a bid to destroy her Brexit plan and install Boris Johnson in Downing Street. - The Sunday Times.