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October 22, 2018 by Admin

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Hammond must seek answers from Bank of England hopefuls | Larry Elliott April 24, 2019
With plenty of suitable candidates for governor, the chancellor needs to ask them the right questionsPicture the scene. It is high summer at the UK Treasury. Outside in St James’s Park, the tourists are feeding the ducks but inside a selection panel is interviewing a shortlist of candidates to be the next governor of the […]
Boeing: global grounding of 737 Max will cost company more than $1bn April 24, 2019
Plane-maker says it’s abandoned 2019 financial outlook and halted share buybacks in mid-March as it deals with crisisThe global grounding of Boeing’s 737 Max jets will cost the company more than $1bn, the company said on Wednesday.The jets were grounded after two fatal crashes that killed 346 people, triggering investigations into the accidents across the […]
Iran will continue to defy US oil sanctions, says Tehran April 24, 2019
Foreign minister says US should ‘prepare for consequences’ if it tries to stop Iranian oil salesThe Iranian foreign minister, Javad Zarif, has said Tehran will continue to defy US sanctions by finding buyers for its oil and warned that Washington should “be prepared for the consequences” if it tries to stop it.The US announced the […]
Chancellor hires diversity specialists to find new Bank governor April 24, 2019
Sapphire Partners, which is run by all-female management team, appointed to conduct search The chancellor, Philip Hammond, has kicked off the process to find a new governor of the Bank of England, appointing a head-hunting firm that specialises in diversity and placing women in top roles to conduct the search.The recruitment process has begun nine […]
Phones4u founder vows to leave UK to avoid higher taxes April 24, 2019
John Caudwell said super-rich would emigrate if Jeremy Corbyn became prime ministerJohn Caudwell, the billionaire founder of Phones4u, has vowed to leave the UK for tax-free Monaco if Jeremy Corbyn becomes prime minister to avoid higher taxes.With an £1.6bn fortune, Caudwell, 66, is the UK’s 87th richest person, according to the Sunday Times Rich List. […]
As Europe builds its 5G network, security – not cost – must come first | Julian King April 24, 2019
Concerns over Chinese involvement via Huawei underline why a risk-based approach to cybersecurity is vital• Sir Julian King is European commissioner for the Security UnionOn 26 March, the European commission published a recommendation designed to ensure the security of Europe’s 5G networks. You could be forgiven for having missed it, given that it was announced […]
Senior Tories alarmed over Huawei's new role within UK's network April 24, 2019
May has given Chinese telecoms firm limited role in supplying future 5G mobile network Senior Tory MPs have expressed alarm about Theresa May’s readiness to give the Chinese telecoms firm Huawei a limited role in supplying the future 5G mobile phone network against the advice of some cabinet ministers, security chiefs and the US.Huawei will […]
Names in the frame to be Bank of England governor April 24, 2019
From Raghuram Rajan to Janet Yellen or Andy Haldane, who is in the running to succeed Mark Carney?As the chancellor begins the search for a new Bank of England governor to succeed Mark Carney, here are some of the potential runners and riders. Continue reading...
Huawei dilemma is a question of Britain's post-Brexit future April 24, 2019
The UK must weigh its ties to the US and Australia against the value of Chinese friendshipIt may sound like an argument about technology, but in reality it is a battle of geopolitics. Should Brexit Britain yield to pressure from the US and ban Chinese hi-tech manufacturer Huawei from supplying kit to British mobile phone […]
Lifetime guarantee. So what does that mean, exactly? April 24, 2019
When my Kohler Daryl shower developed a fault I was asked to pay for the repairI had two en suite showers installed by Kohler Daryl in 2009 with a “lifetime guarantee” for each one. The metal fixings for the sliding door on one of the units have corroded and broken. When I asked for a […]