Forget disintegration: The EU hard core is on track for a United States of Europe June 29, 2016 Prior to the referendum result, I thought the EU was at a fork in the road, facing two difficult ways forward: either a gradual fading away, or an existential crisis. Following the referendum, the weight of argument for both has increased. The fading away argument has a number of components. First, the number of member [...]
European Council President Donald Tusk says more countries will not leave the EU after Brexit vote July 8, 2016 Concerns of anti-EU contagion spreading to countries in the wake of the Brexit vote are overstated, European Council President Donald Tusk has said. Speaking alongside President Barack Obama and EU Commission President Jean-Claude Juncker, Tusk said that there are "geopolitical consequences" of Brexit which could be serious, but a domino effect stemming from the UK is [...]
Germany’s economy minister and junior coalition party wants to offer Brits German citizenship July 3, 2016 The German vice chancellor has called for UK citizens living in Germany to be given citizenship to protect their rights to live and work across the European Union. Sigmar Gabriel, a member of the junior coalition partners, the Social Democratic Party (SPD), told a conference in Berlin over the weekend: "Let's offer it to the [...]
The biggest acquisitions of British brands made by the Japanese July 18, 2016 Foreign firms have long been interested in breaking into the British market – and with sterling weak at the moment, the time is ripe for companies eager to make deals. With the confirmation of Japan’s SoftBank making a £24.3bn play for British tech firm Arm Holdings, we've decided to give you a brief breakdown of [...]
Domino’s Pizza share price leaps as much as 12 per cent as profit soars July 28, 2015 Investors feasted on Domino’s Pizza shares today as the Pepperoni Passion and Mighty Meaty pizza-maker posted better than expected first half profits. The company, which has over 900 stores in the UK and Europe, said sales increased by 14 per cent to £426.7m in the six months to 28 June while underlying operating profits jumped [...]
Slow lane for EU-Canada trade deal could hit Brexit negotiations July 6, 2016 The EU’s landmark free trade deal with Canada could be years away from coming into force, after it was agreed national parliaments across the continent will have to approve the treaty. Earlier this week the EU’s trade commissioner Cecilia Malmstrom said she had ceded to political pressure and decided all 28 members will have to take [...]
Euro 2016: Firms gear up for a packed summer of sporting spectacles June 9, 2016 As football fans prepare for the European Championship in France, so do companies back in the UK, with a number of companies gearing up for a packed summer of sporting spectacles. Domino’s pizza, in particular, is reported to be employing 10,000 extra staff as prepares for a huge summer of sport. The UK’s largest fast [...]
Oil slips below $50 per barrel as global economic storm clouds gather July 5, 2016 The oil price has dipped below $50 per barrel as investors fret over a potential slowdown in global economic growth. It's feared that a global slowdown could result in a slackening in demand and recent supply outages in Nigeria and other exporting nations have not been enough to offset fears. At pixel time Brent crude was [...]
Domino’s Pizza shares tasty as profits surge July 28, 2015 INVESTORS feasted on Domino’s Pizza shares yesterday as the Pepperoni Passion and Mighty Meaty pizza-maker posted better than expected first half profits. The company, which has over 900 stores in the UK and Europe, said sales increased by 14 per cent to £426.7m in the six months to 28 June while underlying operating profits jumped [...]
Aviva and M&G become the latest property funds to suspend trading as investors flee the Brexit-battered industry July 5, 2016 Two more property funds have suspended trading today as investors pull their money out of UK commercial property. M&G announced this afternoon that it was temporarily suspending trading in the shares of the M&G Property Portfolio. And earlier today Aviva suspended trading in its property fund, just after the Bank of England said this morning that it was [...]