British business at risk of dwindling investment as millennials 'not interested'

Innovative British business faces serious risks in the future due to the lack of interest by millennials in investing, according to a new report.

Monday broker round-up

Experian: Deutsche Bank upgrades to buy with a target price of 1,750p.

theresa may article 50
May stands firm over EU customs union to avert cabinet revolt

Downing Street has insisted the UK will not backtrack on its decision to leave the European Union's customs union and the single market post-Brexit, despite reports that parliament is likely to vote against the government's position on the issue.

20 Apr
enquest, oil, drilling, rig, crude
Trump blasts OPEC over 'artificially high' oil prices

Global oil prices fell after Donald Trump criticised the Organization of Petroleum Exporting Countries, stating that their “artificially high prices” would no longer be accepted.

20 Apr
ep donald trump
Donald Trump, Sadiq Khan and Elon Musk among Time's 100 most influential people of 2018

Time magazine’s annual selection of the 100 most influential people on the planet includes Donald Trump, London Mayor Sadiq Khan, and entrepreneurs like Elon Musk and Jeff Bezos.

20 Apr
Dairy cows, milk, butter, food
Arla Foods slashing cost cuts 'due to Brexit'

Arla Foods has announced that is has been forced to cut £351m of costs due to Brexit's impact on sterling and due to commodity prices.

20 Apr
brexit underground
EU dismisses UK post-Brexit plan for Irish Border

European Union officials are set to reject a solution proposed by the UK to solve the Irish border problem post-Brexit.

20 Apr
Friday broker round-up

Esure: Peel Hunt upgrades to buy with a target price of 300p.

20 Apr
commuters commuting jobs
World Bank proposes lower minimum wages to fight growing automation

In the draft of their World Development Report for 2019, World Bank group has proposed reducing minimum wages and granting employers more power to hire and fire as part of new measures to deregulate the labour market and fight against increased automation.

19 Apr
ep bastoncilloslos oidos
UK could ban plastic straws and cotton buds as soon as next year

In a new move to fight plastic pollution, the UK government has promised to place a ban on plastic drinking straws and cotton buds later in the year.

19 Apr
ep cuba
Miguel Díaz-Canel confirmed as new Cuban president

Miguel Díaz-Canel was selected on Thursday by the Cuban National Assembly as the new president of the State Council. He has taken over from Raúl Castro as Government leader and is the first person outside the Castro family to hold this position since 1959.

19 Apr
hammerson les 3 fontaines cergy
Thursday broker round-up

Hammerson: Jefferies upgrades to hold with a target price of 540p.

19 Apr
ep amazon prime
Amazon reveals Prime membership tops 100m members

Amazon chief executive officer Jeff Bezos revealed in his annual shareholders letter that the company had reached over 100m Prime members, marking the first time the online retail giant has revealed subscriber numbers.

19 Apr
bovis homes
Bovis 'misled buyers' over poorly-built homes - report

Bovis Homes Group, one of the UK’s leading housebuilders, has been misleading buyers and delaying repairs in poorly-built homes, a newspaper investigation has found.

18 Apr
rosneft, oil, gas, pipeline
France-Spain gas pipeline's viability questioned by European Commission

A debate regarding the economic viability of a gas pipeline connecting Spain and France has been opened up after the release of a report by the European Commission.

18 Apr
pills tablets medicine drugs pharmaceutical
UK to lose access to European Medicines Agency post-Brexit

The UK is at risk of losing alignment with the EU’s European Medicines Agency after Brexit, meaning it could lose the ability to evaluate, regulate and monitor new drugs as well as potentially being stripped of access to new revolutionary treatments for British patients.

18 Apr
m s marks spencer
M&S director departs as reorganisation efforts continue

M&S director Patrick Bousquet-Chavanne will be leaving the business at the end of May once the firm is reorganised into a family of accountable business and its corporate marketing teams are devolved into its Clothing & Home and Food business.

18 Apr
Putin seeks new deal with US to reduce tensions

Russian President Vladimir Putin is looking to dial down tensions with the US after Washington imposed sanctions on United Co. Rusal two weeks ago, in response to the Moscow's "malign activity" in multiple regions, and the launch of airstrikes last week against the chemicals weapon programme of Russian ally Bashar al Assad.

18 Apr
rio tinto coal mine mining commodities
Wednesday broker round-up

South32: Deutsche Bank upgrades to hold with a target price of 185p.

18 Apr
ep ciberseguridad ordenador portatil
US considers restrictions Chinese tech companies

US trade representatives are considering retaliations against Chinese restrictions on overseas companies operating in high-tech sectors, potentially sparking a new trade skirmish between the superpowers.