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Press Round-Up Short (Premium)
29 Mar
noticias
Thursday newspaper round-up: Brexit workforce crisis, Nex, Shell, City passport

British businesses have been warned to brace for a severe workforce crisis triggered by Brexit, with the number of workers entering employment expected to fall behind the rate of population growth for the first time in half a century. According to employment consultant Mercer, the size of the British workforce is expected to rise by just 820,000 by 2025, marking a dramatic slowdown from the previous decade, when almost 2 million people entered employment. – Guardian.

28 Mar
noticias
Wednesday newspaper round-up: Philip Green, China, Tesla, Lloyds

Sir Philip Green has escaped a ban from serving as a company director by the Insolvency Service over the deal to sell BHS for £1 in 2015, a year before the retailer collapsed. However, Dominic Chappell, who led the consortium that bought BHS, faces a lengthy boardroom ban after a government inquiry into the collapse of the retailer in 2016, which led to the loss of 11,000 jobs. – Guardian.

27 Mar
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Tuesday newspaper round-up: House prices, Facebook, Deutsche Bank, gambling

House prices are falling in almost half of all London postcodes, according to new figures showing the most widespread collapse in property values across the capital since the 2008 financial crisis. The latest signs of distress will stoke concerns that sliding prices are far from confined to the most expensive homes in central London, with the figures showing a ripple effect spreading into the suburbs. - Guardian.

25 Mar
sundays
Sunday newspaper round-up: Brexit, Aviva, Rio Tinto, Hammerson, Facebook

The autumn Budget could be delayed if MPs are successful in pushing for an independent economic forecast of the Brexit withdrawal agreement. MPs from across the House of ­Commons have called for the Office for Budget Responsibility (OBR) to ­offer its verdict on how leaving the EU will ­affect the UK economy, based on the exit terms set to be agreed ­between the UK and EU in late October, production of which would have to be combined with work on costing the Budget.

23 Mar
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Friday newspaper round-up: China, Brexit, Unilever, Glencore, Facebook

China has retaliated against Donald Trump’s decision to impose tariffs on steel and aluminium by signalling that it will hit US goods such as pork, apples and steel pipe with higher duties. As Asian stock markets plunged at the prospect of a trade war between the world’s two biggest economies, China’s commerce ministry urged Washington to negotiate a settlement as soon as possible but set no deadline. - Guardian.

22 Mar
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Thursday newspaper round-up: Tariffs, Pfizer, Facebook, Cambridge Analytica

America and the European Union have pledged to reach an agreement on President Trump’s steep steel and aluminium tariffs “as rapidly as possible”. Donald Tusk, the European Council president, expressed “cautious optimism” that the EU would persuade the US to offer an exemption from the duties. “Everything will be clear tomorrow,” he said. - The Times.

21 Mar
noticias
Wednesday newspaper round-up: Carillion, Cambridge Analytica, Aviva

Partners from PricewaterhouseCoopers will be questioned by the work and pensions committee on Wednesday about the accounting firm’s role in the collapse of Carillion, with PwC accused of attempting to “milk the Carillion cow dry”. The committee said the correspondence between the Pensions Regulator and Carillion exposed the regulator’s weak position and the key role played by PwC. Most of the regulator’s negotiations were conducted via PwC, which advised Carillion’s directors on managing their pensions liabilities from 2012 to 2017.

20 Mar
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Tuesday newspaper round-up: Consumers, Amazon, UK tourism, Facebook

The most important driver of UK economic growth is likely to slow further this year as PWC predicts that consumers will continue to scale back their spending in the face of higher inflation and squeezed incomes. The accountancy giant has forecast that consumer spending growth will slow to 1. 1 per cent this year, down from 1. 8 per cent in 2017, before edging up only slightly to 1. 3 per cent in 2019. - The Times.

19 Mar
noticias
Monday newspaper round-up: FOBTs, advertising, crypto, RBS

The Gambling Commission is to recommend that the government reduce the maximum stake on fixed-odds betting terminals (FOBTs), known as the “crack cocaine of gambling”, to £30 or less. However, in a move likely to come as a relief to bookmakers, the watchdog will not explicitly back a maximum £2 stake, instead suggesting measures to combat the risk of harm. - The Times.

15 Mar
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Thursday newspaper round-up: Trade deals, pennies, BT, Aviva, cars

Britain will be free to sign trade deals during the Brexit transition period without permission from the European Union after a climbdown by Brussels, The Times has learnt. EU negotiators have accepted the UK’s demand that it should be able to pursue an independent trade policy while remaining inside the customs union and single market.

14 Mar
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Wednesday newspaper round-up: Debt, post-Brexit travel, IoD, Ombudsman

MPs have accused the government of a “deeply regrettable” failure to put in place strong guarantees that the UK’s green investment bank will continue to support renewable energy after its privatisation. The public accounts committee said it was unclear whether the bank would continue to support the government’s energy policy or climate change goals, because the bank’s new owner is not legally bound to stick to its green aims. – Guardian.

13 Mar
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Tuesday newspaper round-up: Hiring, cryptocurrencies, Qualcomm, Melrose backed

Hiring confidence among British companies has reached its highest level in more than a year and recruitment is set to pick up as businesses shrug off downbeat economic projections, according to a closely watched study. Low unemployment and strong demand for more workers means companies are increasingly forced to pay joining bonuses of 15pc or 20pc of salaries to entice new recruits. The poll of 2,102 employers across nine different industry sectors by the recruitment firm ManpowerGroup is used by the Bank of England as an early indicator for changes in the jobs market.

12 Mar
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Monday newspaper round-up: London house prices, Visa data, Help to Buy

House prices in parts of London that were once at the epicentre of the UK property boom have fallen as much as 15% over the past year in fresh evidence of the impact of the EU referendum. Figures from Your Move, one of the UK’s biggest estate agency chains, reveal that the average home in Wandsworth – which includes much of Clapham, Balham and Putney – fell by more than £100,000 in value over the last 12 months. – Guardian.

09 Mar
noticias
Friday newspaper round-up: Trump tariffs, Budget, Shell, Aviva accused

Donald Trump pushed forward with plans to impose tariffs on steel and aluminium imports on Thursday, arguing the levies were necessary for national security and to stop the “assault on our country”. Flanked by steel and aluminium workers and key staff, Trump said he had to act to stop the “decimation of entire communities” and insisted there would be a very fair process as the administration used the next 15 days to negotiate exemptions with allies. Canada and Mexico will be exempted.

08 Mar
noticias
Thursday newspaper round-up: Uber, AA, Amazon, Carillion, Lloyds TSB

Uber has confirmed that it is looking to secure a $1. 25bn (£900m) leveraged loan, less than a month after revealing that its losses ballooned to $4. 5bn last year. The ride-hailing company is thought to be contacting loan investors directly over the financing, which was first reported by Bloomberg, with Uber expected to meet with investors on Friday. – Telegraph.

07 Mar
noticias
Wednesday newspaper round-up: Hammond, Debenhams, RBS, Beaufort Securities

Philip Hammond will insist on Wednesday that Britain can overcome EU opposition and include financial services in a post-Brexit free trade deal. The chancellor is expected to use a speech in the City to challenge the idea – voiced strongly by France’s finance minister on Tuesday – that financial services have never been included in trade deals because of their complexity and the risks to stability. – Guardian.

06 Mar
noticias
Tuesday newspaper round-up: Airlines, trade, TV ads, water companies

Philip Hammond has stressed the urgency of securing an implementation deal between Britain and the EU by the end of this month, warning that without it airlines will not know if they can safely schedule flights for spring 2019. The chancellor told a parliamentary committee that it was in the interests of both sides to agree to the terms of the transition period at the March EU council meeting. - Guardian.

05 Mar
noticias
Monday newspaper round-up: Income tax, Ofgem, Equitable Life, Wm Morrison

Income tax bands could be scrapped to give average earners as much as £1,100 each without costing the government a penny, according to a report calling for radical changes to make theUK tax system fairer. According to the Institute for Public Policy Research thinktank, just as much money could be raised by the government if it merged income tax with national insurance, scrapped existing tax bands and introduced individual rates that would be tailored around pay and would rise with higher earnings.

04 Mar
sundays
Sunday newspaper round-up: Brexit, trade war, Rolls-Royce, Interserve

The European Union is set to reject Theresa May’s plan for a soft border in Northern Ireland, Ireland’s deputy prime minister said on Sunday. The prime minister suggested on Friday that a hard border between Northern Ireland and the Republic could be avoided through technological solutions and by exempting small businesses, which account for 80 per cent of cross-frontier trade, from checks. - Sunday Times.

02 Mar
noticias
Friday newspaper round-up: Carillion, Rio Tinto, gas supply, Siemens

The board of Carillion dismissed a proposal that could have poured £218m into the government contractor’s ailing pension scheme, believing a month before the company’s collapse that they could still revive its fortunes. Details of a plan drawn up by accountancy firm EY, but rejected by directors, emerged as MPs conducting an inquiry into Carillion’s failure released evidence they said proved “pervasive institutional failings” at the company. - Guardian.