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....It is currently 84%-owned by EU nationals, but this will drop to 49% after Brexit, provided the shares of founder Stelios Haji-Ioannou – who has dual UK and Cypriot nationality – are classed as EU-owned. The Financial Times has reported that Haji-Ioannou’s shares are now classed as UK-owned to meet the airline’s own restrictions on ownership. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 09:33:08 AM
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.... That suggests the company may continue to shape our access to knowledge for generations to come. Tim Harford writes the Financial Times's Undercover Economist column. ... [Read full article on BBC ]
Sunday 26th of March 2017 11:09:18 PM
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....The letter is signed by Nick Kirrage, a Schroders fund manager, and Jessica Ground, the global head of stewardship at the firm. It was first reported by the Financial Times. ... [Read full article on Guardian ]
Monday 27th of March 2017 06:04:28 PM
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....Unlike Laidlaw, Conn is comfortable talking to the media and has been robust in arguing against calls for a price cap in the face of rising energy bills. “A cap would almost certainly remove choice from the market,” he told the Financial Times. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:35:51 PM
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....At the start of 2016, Pearson announced 4,000 job cuts and also lowered its profit forecast. Pearson, the former owner of the Financial Times, said Mr Fallon's basic salary was frozen and would remain so in 2017. ... [Read full article on BBC ]
Friday 24th of March 2017 04:28:38 PM
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Latest Finance News related to Financial Times

Two Tesco shareholders oppose £3.7bn takeover of wholesaler Booker image
Source : Guardian [Read Article] Monday 27th of March 2017 06:04:28 PM
....The letter is signed by Nick Kirrage, a Schroders fund manager, and Jessica Ground, the global head of stewardship at the firm. It was first reported by the Financial Times. ...
Just Google it image
Source : BBC [Read Article] Sunday 26th of March 2017 11:09:18 PM
.... That suggests the company may continue to shape our access to knowledge for generations to come. Tim Harford writes the Financial Times's Undercover Economist column. ...
Pearson boss sees pay boost despite firm's struggles image
Source : BBC [Read Article] Friday 24th of March 2017 04:28:38 PM
....At the start of 2016, Pearson announced 4,000 job cuts and also lowered its profit forecast. Pearson, the former owner of the Financial Times, said Mr Fallon's basic salary was frozen and would remain so in 2017. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
....Unlike Laidlaw, Conn is comfortable talking to the media and has been robust in arguing against calls for a price cap in the face of rising energy bills. “A cap would almost certainly remove choice from the market,” he told the Financial Times. ...
UK-based airlines told to move to Europe after Brexit or lose major routes image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 09:33:08 AM
....It is currently 84%-owned by EU nationals, but this will drop to 49% after Brexit, provided the shares of founder Stelios Haji-Ioannou – who has dual UK and Cypriot nationality – are classed as EU-owned. The Financial Times has reported that Haji-Ioannou’s shares are now classed as UK-owned to meet the airline’s own restrictions on ownership. ...
UK government should help companies targeted by foreign bids, says Unilever image
.... At present directors claim it is their fiduciary duty to focus on the interests of shareholders when they receive a takeover bid. Polman told the Financial Times: “We’re not talking about protection. ...
Charlotte Hogg’s exit raises tough questions for Bank of England | Nils Pratley image
.... Habgood is now on the spot, as he should be. The takeover rules should be strengthened to help national corporate champions defend themselves, Unilever chief executive Paul Polman has told the Financial Times. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
....Paul Polman said that companies should have more time to defend themselves in the event of an approach. He told the Financial Times that there needed to be a "level playing field". ...
Germany warns social media firms over illegal content image
Source : BBC [Read Article] Tuesday 14th of March 2017 02:20:15 PM
....German digital trade association Bitkom criticised the proposed law. It told the Financial Times that the requirement to remove material within 24 hours on sites that handle more than one billion posts per day was "utterly impossible to implement in operational terms". ...
Rags to revolution image
Source : BBC [Read Article] Monday 13th of March 2017 12:12:14 AM
.... And for jottings, lists and doodles, you still can't beat the back of the envelope. Tim Harford writes the Financial Times's Undercover Economist column. ...
Bank of England deputy governor's future hangs in balance image
Source : Guardian [Read Article] Friday 10th of March 2017 07:18:25 PM
....Few other members of the committee have spoken out publicly, but its chairman, Andrew Tyrie, said MPs would offer an opinion on whether she should go “after a period of reflection”. At least one MP has privately pledged to support her but another told the Financial Times: “It’s not looking good for her. ...
ARM chip designer stake 'to be sold by Softbank' image
Source : BBC [Read Article] Wednesday 8th of March 2017 11:25:24 AM
....Softbank will sell a 25% stake, worth $8bn (£6. 5bn), to a technology fund it is creating with Saudi Arabia, according to the Financial Times. ...
Uber's 'hustle-oriented' culture becomes a black mark on employees' résumés image
....An Uber spokeswoman said that Uberversity questions test how an employee would respond to real world situations, but stressed that there are no correct responses. But those looking to move on now – and there are increasing numbers of them, according to a report by the Financial Times, though Uber disputes this – may face an uphill battle. ...
Drugs disaster image
Source : BBC [Read Article] Monday 6th of March 2017 12:10:46 AM
.... . Tim Harford writes the Financial Times's Undercover Economist column. ...
Bad news for online advertisers – you’ve been ’ad | John Naughton image
.... In 2012, Procter & Gamble announced that it would make $1bn in savings by targeting consumers through digital and social media. It has got to the point where, according to last week’s Financial Times, 2017 will be the year when advertisers spend more online than they do on TV. ...
Innovation, Ikea style image
Source : BBC [Read Article] Monday 27th of February 2017 12:20:58 AM
....The Billy innovations are about working within the limits of production and logistics, finding tiny ways to shave more off the cost, all while producing something that looks inoffensive and does the job. Tim Harford writes the Financial Times's Undercover Economist column. ...
Brexit is a Whitehall farce that threatens the heart of Europe image
Source : Guardian [Read Article] Sunday 26th of February 2017 07:00:23 AM
.... But even the most zealous “federalists” learn from experience: towards the end of his life, Jean Monnet himself, one of the EU’s founding fathers, told a British historian that he no longer believed in “ever closer union”. I once met Monnet; he was the honoured guest at a Financial Times dinner. ...
Brexit weekly briefing: article 50 moves closer but EU dashes divorce deal hopes image
.... As the juggernaut crashes on. In the Financial Times (paywall), Martin Wolf marvels at a sentence in the Brexit white paper from earlier this month: “Whilst Parliament has remained sovereign throughout our membership of the EU, it has not always felt like that. ...
What use is sovereignty when MPs deny their conscience over Brexit? image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:59:00 AM
....”. In another memorable observation, the Financial Times commentator Martin Wolf writes: “What sane country would sever its ties to its most important trading partners and its strategic position in its continental councils over a feeling that its own government agrees is erroneous?” The feeling being the mistaken belief that parliament has not been sovereign throughout our membership of the EU, which it has and still is, as last week’s potentially catastrophic vote reminds us. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
....David Green, the SFO director, has said it intends to announce within the next few months whether it will bring charges against individuals. The questioning of Rose, who ran the aircraft engine maker from 1996 to 2011, was first reported by the Financial Times. ...
Greece hopeful of imminent EU debt  deal     despite German warning image
Source : Guardian [Read Article] Thursday 9th of February 2017 07:53:55 PM
....On Thursday, the head of the eurozone bailout fund insisted that there was no cause for alarm, as he stepped up criticism of the IMF’s gloomy prognosis. “The European Financial Stability Facility and the European stability mechanism, the eurozone’s rescue funds, have disbursed €174bn to Greece,” Klaus Regling, head of the ESM, wrote in the Financial Times. ...
Devil-may-care investors fall under spell of Trump-mania image
Source : Guardian [Read Article] Thursday 9th of February 2017 02:31:01 PM
....This untenable position, which ignores 25% unemployment and endemic corruption, was then undermined further by a simple untruth. Writing in the Financial Times, he said: “The eurozone’s rescue funds have disbursed €174bn to Greece. ...
Trump’s trade advis​​er says Germany uses euro to 'exploit' US and EU image
....Donald Trump’s top trade adviser has hit out at Germany and accused the country of gaining an unfair trade advantage from the “grossly undervalued” euro. In a sign that the Trump administration is targeting currencies in its approach to trade deals, Peter Navarro, the head of the US president’s new National Trade Council, told the Financial Times (£) that the euro was like an “implicit Deutsche Mark”. ...
Tesco to buy Budgens and Londis owner Booker in £3.7bn deal image
Source : Guardian [Read Article] Friday 27th of January 2017 07:18:45 AM
.... Lewis admitted that Richard Cousins, the boss of catering group Compass who abruptly quit as Tesco’s senior independent director earlier this month, had resigned over the deal, which took a year to negotiate. Cousins told the Financial Times he was “very much against the deal”. ...
Jobs for all? In the US that idea is about to be tested to destruction | John Harris image
.... This might suggest a portent of where Trump might take the US economy, were it not for the fact that the plant employs 400 fewer people than 10 years ago. In the words of a recent report in the Financial Times: “In places like Buffalo there is evidence that US manufacturing has a bright future. ...
Nissan to review Sunderland plant's competitiveness after Brexit image
Source : Guardian [Read Article] Friday 20th of January 2017 07:17:27 PM
.... In a keynote address she urged delegates to address the effects of globalisation. A senior Toyota executive at the Swiss ski resort told the Financial Times that the carmaker’s UK plants also needed to be competitive after Brexit. ...
Pearson profit warnings wipe almost £2bn off its value image
Source : Guardian [Read Article] Wednesday 18th of January 2017 09:30:18 AM
....The sale of its stake could net about £1. 2bn for Pearson and would mark the final exit from its once-considerable non-education publishing empire, which previously included the Financial Times and a 50% stake in the publisher of the Economist. ...
Pound's flash crash 'was amplified by inexperienced traders' image
Source : Guardian [Read Article] Friday 13th of January 2017 01:19:04 PM
....”. As the slide coincided with a Financial Times story saying French president François Hollande was calling for a hard Brexit, this had been cited as a potential cause. ...
Sir David Clementi confirmed as new BBC chair image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:53:39 PM
....A string of leading candidates with broadcasting backgrounds ruled themselves out of running for the role, which is relatively low-paid by City standards at £100,000, but comes with heavy time demands and a high level of media attention. Clementi is being paid £10,000 less than the BBC Trust chair role, which was held by former Financial Times chief executive Rona Fairhead and is being scrapped. ...
Ascential to sell Drapers and Nursing Times as it ditches 'heritage' brands image
....In 2013, Pearson considered buying MEED, which is thought to account for as much as £5m of the total operating profits of the group of titles, which was then priced at about £35m. However, when John Fallon took over as chief executive from Marjorie Scardino he scrapped the deal and has since sold the Financial Times and Pearson’s 50% stake in the publisher of the Economist. ...
Apple pulls New York Times app from China app store image
Source : BBC [Read Article] Thursday 5th of January 2017 05:38:01 AM
.... . Apps from some other international media outlets can still be accessed, including the Washington Post, the Wall Street Journal, BBC News, the Financial Times, ABC News, CNN, and Reuters. ...
Brexit will create 400,000 jobs? This is a fiction, as any economist will tell you | Jonathan Portes image
.... As with its report last week, Change Britain seems to be doing its best to crowd out serious debate on the costs and benefits of leaving the customs union. Meanwhile, back in reality, the Financial Times’ annual survey found that the vast majority of economists remain of the view that Brexit will be a drag on UK growth over the medium to long term. ...
Tax, not tech, gives Airbnb advantages in UK image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 10:27:41 AM
....Airbnb may be known for offering frugal travellers savings over traditional hotels, but a new investigation reveals that a lot of the savings the company can offer in the UK come not from fancy technology, but tax advantages. According to the Financial Times, around one third of the savings the company offers customers on accommodation in London comes from having a lower tax bill. ...
Brexit’s slow-burning fuse will reach a powder keg this year image
Source : Guardian [Read Article] Sunday 1st of January 2017 07:00:49 AM
.... But economists probably regret the way that their noble trade has been associated too much in the public mind with forecasting, as opposed to fundamental economic analysis. Anyway, while wishing readers as happy a new year as events allow, I should like to end with this wonderful quote from Jan Kamieniecki in a letter to the Financial Times: “I suspect that what Michael Gove meant to say was that the people in this country have had enough of exports. ...
Pro-Brexit group calls for EU free trade deal image
Source : BBC [Read Article] Tuesday 27th of December 2016 11:24:04 PM
....Mark Boleat, policy chairman of the City of London Corporation, admitted there was considerable "nervousness" about the regulatory implications of the UK's departure from the EU. However, he told the Financial Times: "I have no doubt that whatever happens in 2017, the City of London will remain the world's leading financial centre. ...
US could wait until next summer to raise interest rates, say economists image
Source : Guardian [Read Article] Sunday 18th of December 2016 05:58:02 PM
. The Federal Reserve could wait until at least next summer before raising interest rates again, according to Wall Street economists surveyed by the Financial Times. ...
Southern rail dispute reflects workers’ growing fears about rise of automation image
....On the other side of the fence are economists who argue that the extraordinary scope of today’s software revolution, from voice recognition to problem-solving algorithms, is a different beast and will knock out jobs in almost every industry. Martin Ford, author of Rise of the Robots, which won the Financial Times/McKinsey business book of the year in 2015, says that a large percentage of jobs are, at some level, routine and can be broken down into a discrete set of tasks that are repeated over and over each day. ...
Tsipras’s spending spree may be relief to Greeks but it won’t end crisis image
Source : Guardian [Read Article] Saturday 17th of December 2016 04:00:26 PM
....Everyone involved – Europe’s paymaster, Germany, the 19-member euro group of eurozone finance ministers, the ESM and the International Monetary Fund – are acutely aware that almost any move could reignite the problems. “Let us not play shadowy games with Greece’s future,” wrote EU economic affairs commissioner Pierre Moscovici in the pages of the Financial Times, urging that decisions be made “in the common interest”. ...
Charity helping ethnic minority interns loses government funding image
Source : Guardian [Read Article] Wednesday 14th of December 2016 08:00:20 AM
....”. Founded in 2012 by Dobrin and talent agent Michael Foster, Creative Access has placed 700 interns across television, films, publishing, PR and media, including newspapers such as the Sun, the Financial Times and the Daily Mail. ...
10 economic consequences of Donald Trump's election win image
Source : Guardian [Read Article] Monday 28th of November 2016 01:18:08 PM
Sports Direct accounts investigated over family links image
Source : BBC [Read Article] Monday 28th of November 2016 12:36:13 PM
....5% on Monday on news of the accounts investigation, and are down nearly 50% for the year. The links between Sports Direct, Barlin Delivery and John Ashley were first reported by the Financial Times. ...
Michael Sherwood quits Goldman Sachs role image
Source : Guardian [Read Article] Monday 21st of November 2016 03:31:31 PM
....”. Sherwood – known as “Woody” – told the Financial Times that his unexpected departure was not connected to BHS. ...
FT columnist Lucy Kellaway switches to teaching image
Source : BBC [Read Article] Monday 21st of November 2016 10:10:44 AM
. Financial Times columnist Lucy Kellaway has announced she's ditching the newsroom for the classroom and is urging others to join her. ...
Theresa May bids to reassure business on Brexit 'cliff-edge' image
Source : BBC [Read Article] Monday 21st of November 2016 04:24:39 AM
....The prime minister also insisted she still favoured worker representation on company boards, dismissing suggestions that comments she made during the speech marked a watering-down of the idea. There have been widespread reports since the summer that Mrs May wanted to see workers on boards as part of a corporate governance shake-up, an idea that had caused unease among companies and, according to the Financial Times, disagreements in Cabinet. ...
Self-employed face retirement poverty without pension reform image
Source : Guardian [Read Article] Saturday 19th of November 2016 08:00:03 AM
.... “We have the 2017 review of auto-enrolment coming up and we absolutely have to address this problem,” said Webb. The government said that it had not confirmed which groups would be included in the review of auto-enrolment, but in an interview with the Financial Times Harrington said looking at how to extend auto-enrolment to the self-employed “should be the kind of thing that we are talking about”. ...
Dark web hackers boast of Tesco Bank thefts image
Source : BBC [Read Article] Monday 14th of November 2016 01:48:55 PM
....And a second cybersecurity company said it had warned Tesco of problems with several of its mobile apps four months ago, but had been ignored. The Financial Times was first to report that Cyberint had carried out its own probe of hidden web pages following the thefts over the weekend of 5-6 November. ...
China trade 'more important than ever to the UK' image
Source : BBC [Read Article] Thursday 10th of November 2016 09:13:59 AM
....One of Theresa May's first acts on becoming prime minister during the summer was to order a review of the project to build Hinkley Point C, in Somerset, part-financed by China. Writing in the Financial Times in August, Liu Xiaoming, China's ambassador to the UK, said: "If Britain's openness is a condition for bilateral co-operation, then mutual trust is the very foundation on which this is built. ...
'Super power' image
Source : BBC [Read Article] Thursday 3rd of November 2016 12:19:01 AM
.... "When people know you know how to make money, everyone is interested," she says. After first working for Hilton Hotels and Resorts, at the age of 26 Susan launched her own sales and marketing agency, which was bought three years later by the Financial Times of Canada. ...
Mark Carney to leave Bank of England in June 2019 image
Source : BBC [Read Article] Monday 31st of October 2016 06:33:09 PM
....Canadian Mr Carney has a wife and four daughters, who moved to London with him in 2013. The Financial Times had earlier suggested Mr Carney wanted to stay on to defend the Bank of England's independence against attacks from pro-Brexit campaigners. ...
Mark Carney is 'right man for the job', PM believes image
Source : BBC [Read Article] Monday 31st of October 2016 08:41:14 AM
....Over the weekend, the Bank of England reiterated that Mr Carney would make his decision public by the end of the year. According to the Financial Times, one of the reasons Mr Carney wants to stay on is to defend the Bank of England's independence against attacks from pro-Brexit campaigners who have argued that the Bank produced deliberately gloomy economic forecasts to support the Remain campaign. ...
Bank says 'nothing has changed' on Mark Carney decision image
Source : BBC [Read Article] Sunday 30th of October 2016 11:32:00 AM
....The Times reported he is likely to quit in 2018, but the FT said he is "leaning strongly" towards staying until 2021. According to the Financial Times, Mr Carney will make an announcement this week "to put an end to damaging speculation". ...
Big Bang image
Source : BBC [Read Article] Wednesday 26th of October 2016 11:02:29 PM
....But the Securities and Investments Board (later the Financial Services Authority) replaced the Bank's regulatory role. On the day of Big Bang an advertisement in the Financial Times promised a new financial centre, three miles to the east of the City at Canary Wharf, which would "feel like Venice and work like New York". ...
Clydesdale 'makes an offer to RBS for Williams & Glyn' image
Source : BBC [Read Article] Tuesday 25th of October 2016 06:12:07 PM
....Clydesdale Bank has reportedly made an offer for Williams & Glyn, the banking business that RBS failed to sell to Santander. A person familiar with the talks, which were first reported by the Financial Times, confirmed the approach, although neither bank would comment officially. ...
Twitter shares tumble as Salesforce rules out bid image
Source : BBC [Read Article] Friday 14th of October 2016 06:25:39 PM
....Shares in Twitter have dropped 7% after Salesforce chief executive Marc Benioff said his firm would not bid for the social media website. Mr Benioff told the Financial Times his firm had "walked away" from any potential deal. ...
William Hill shares rise as investor rejects merger plan image
Source : BBC [Read Article] Friday 14th of October 2016 07:57:02 AM
....Ralph Topping, who stepped down in 2014 after eight years as chief executive of William Hill, said he "fully supported" Parvus. "When this deal was announced I was left scratching my head," he told the Financial Times. ...
Hammond urges calm over pound flash crash image
Source : BBC [Read Article] Friday 7th of October 2016 02:33:22 PM
.... . The sharp drop came after the Financial Times published a story online about French President Francois Hollande demanding "tough Brexit negotiations". ...
Flash crash sees the pound gyrate in Asian trading image
Source : BBC [Read Article] Friday 7th of October 2016 02:30:13 AM
....The Bank of England said it was "looking into" the flash crash. The sharp drop came after the Financial Times published a story online about French President Francois Hollande demanding "tough Brexit negotiations". ...
Brexit bienvenue image
Source : BBC [Read Article] Tuesday 4th of October 2016 11:21:32 PM
....The world has changed, is the answer from Arnaud de Bresson, chief executive of Paris Europlace, which promotes Paris as a financial centre. "Twenty years ago I gave an interview to a journalist from the Financial Times, who said exactly that: that Paris could never be a financial centre. ...
Spotify 'in talks to take over Soundcloud' image
Source : BBC [Read Article] Thursday 29th of September 2016 01:33:28 AM
.... . The two sides are in advanced negotiations, according to the Financial Times. ...
Supercar maker McLaren denies Apple investment report image
Source : BBC [Read Article] Wednesday 21st of September 2016 08:56:39 PM
....Formula 1 team owner McLaren has dampened down a report that Apple has made a buyout or investment approach for the supercar maker. The Financial Times reported that talks had started several months ago. ...
Women at the top image
Source : BBC [Read Article] Tuesday 20th of September 2016 04:08:42 PM
.... She had been at the business 11 years and led the French DIY chain Castorama. According to an interview in the Financial Times, she has renovated at least two houses and is a keen gardener and painter. ...
Britons clueless when it comes to money and believe Joey Essex knows financial terms image
Source : Daily Express [Read Article] Tuesday 13th of September 2016 11:05:00 AM
....One in five do not know that ISA stands for "individual savings account" - despite this being one of the most popular savings schemes. A further 59 per cent admitted they don't know what the FTSE - the Financial Times Stock Exchange index - actually is. ...
UK nuclear power station project 'in talks' for cash injection image
Source : BBC [Read Article] Monday 12th of September 2016 12:17:49 PM
...."We are talking to potential investors familiar with the nuclear industry, including banks, credit-export agencies and nuclear companies in countries interested in nuclear new build projects," a Nugen spokesperson told the BBC. Among those interested in joining the project in Moorside is the state-controlled Korea Electric Power Corporation (Kepco), according to the Financial Times. ...
UK tech firm swoops on HP software unit in £6.6bn deal image
Source : BBC [Read Article] Thursday 8th of September 2016 07:14:31 AM
....Autonomy denied that, and a slew of legal action then followed. Its founder, Mike Lynch, told the Financial Times that the deal "was a good thing". ...
Apple facing record bill for Irish tax image
Source : BBC [Read Article] Monday 29th of August 2016 08:06:34 PM
....The final ruling, expected on Tuesday, follows a three-year probe into Apple's Irish tax affairs, which the EU has previously identified as illegal. The Financial Times reports that the bill will be for billions of euros, making it Europe's biggest tax penalty. ...
Chinese firm 'eyes Liverpool FC stake' image
Source : BBC [Read Article] Sunday 21st of August 2016 11:49:56 AM
....A consortium led by a Chinese investment company is interested in buying a stake in Liverpool Football Club, according to media reports. The Financial Times said Chinese state-owned firm Everbright and private equity firm PCP Capital Partners were behind the multi-million pound bid. ...
DVLA disputes £400m revenue loss following abolition of tax disc image
Source : Guardian [Read Article] Thursday 18th of August 2016 02:39:38 PM
....The decision to scrap paper car tax discs cost the government more than £400m in revenue in the first 12 months after the change came into effect, official figures suggest. Data obtained by the Financial Times through a freedom of information request shows that in the 12 months following the abolition, from October 2014 to September 2015, the Driver & Vehicle Licensing Agency collected £5. ...

Employers face compensation claims from staff who feel bullied over Brexit views, lawyers warn
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....Meanwhile, lawyers warned that businesses are being sued by workers who voted for Britain to leave the EU but now feel they are experiencing harassment and “cultural bullying”. Ed Stacey, head of the employment law team at PwC, told the Financial Times that companies who backed one side or the other during the referendum could be more at risk of legal action from staff who took the opposing view and have missed out on promotion. ...

Chinese energy firm linked to Hinkley Point facing charges of nuclear espionage
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....On Tuesday, the Government defended its decision to temporarily halt the project after China's ambassador in London warned that Britain's relationship with Beijing was at a "critical historical juncture". Writing in The Financial Times, Liu Xiaoming told ministers: "I hope the UK will keep its door open to China and that the British Government will continue to support Hinkley Point - and come to a decision as soon as possible so that the project can proceed smoothly. ...

Is the ignorant Leave voter just a comforting myth?
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 01:28:59 PM
....7bn due to an upwards revision of Britain’s GNI, and how the PM’s insistence he would not pay, and George Osborne’s claim it had been halved, were later shown to be untrue. The way one Financial Times story among thousands in the year's news cycle had lodged in public’s mind was, in hindsight, a clue to the trouble coming Cameron’s way. ...

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