Topic filter : Negotiation

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....Having got up off the floor, some of the City of London’s biggest players are now taking big decisions. They have contracts that extend way beyond 2019, but what Brexit negotiations might mean for them remains chronically unclear. ... [Read full article on Guardian ]
Friday 11th of August 2017 05:00:49 AM
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....Suren Thiru, the head of economics at the British Chambers of Commerce, said the trade figures were disappointing and businesses needed more support from the government. He said: “As the Brexit negotiations unfold, safeguarding the favourable terms of trade that UK firms currently enjoy with partners and markets in Europe and beyond must be a key priority. ... [Read full article on Guardian ]
Thursday 10th of August 2017 03:13:41 PM
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....The second, and more ambitious, of two options outlined in Tuesday’s paper was called a “new customs partnership” and “would involve the UK mirroring the EU’s requirements for imports from the rest of the world where their final destination is the EU”. Officials hope this would remove the need for all customs checks with the EU because UK exports would also be exempt from tariffs under the planned free trade agreement – though all such promises are subject to extensive negotiation with other member states. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 11:31:05 AM
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....Theresa May, Philip Hammond, Boris Johnson, Chris Grayling, Liam Fox and Michael Gove have given contradictory statements about Conservative plans for trade, customs, tariffs, immigration, air control, a transition period and countless other facets of Britain’s divorce. “The UK economic outlook looks bleak, with stretched household balance sheets, Brexit negotiation uncertainty potentially weighing on business investment, and net exports growth staying subdued despite a weak pound,” Morgan Stanley analysts said. ... [Read full article on Guardian ]
Friday 11th of August 2017 03:18:02 PM
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....The government aims to avoid the need for border posts with Ireland when the UK leaves the EU, an ambitious goal seen as essential to preserving the Good Friday peace agreement. “The UK and Ireland have been clear all along that we need to prioritise protecting the Belfast agreement in these negotiations, and ensure the land border is as seamless as possible for people and businesses,” said David Davis, the UK’s Brexit secretary. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 06:27:16 PM
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....”. Asked the same question about the cost of the temporary deal on BBC Radio 4’s Today programme, Davis said: “I’m not going to do the negotiation on air. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 08:32:19 AM
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....This forceful reflection on the state of the nation comes from Sir Brian Unwin, former president of the European Investment Bank, one of the many EU institutions from whose work the British economy has benefited through our membership. Sir Brian was involved in the occasional negotiation with Brussels, not least on behalf of Mrs Thatcher during the EEC budget-rebate squabble during the early 1980s. ... [Read full article on Guardian ]
Sunday 13th of August 2017 06:00:06 AM
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....The government's preferred measure of inflation, and the one the Bank of England takes into account when setting interest rates, is the Consumer Prices Index (CPI). The Retail Prices Index (RPI) is often used in wage negotiations. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 08:32:02 AM
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....”. Looking ahead, he expects the Brexit process to continue to weigh on the housing market: “I think it’s going to be very lumpy over the next 18 months during these negotiations. ... [Read full article on Guardian ]
Saturday 12th of August 2017 03:00:48 PM
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....The government's preferred measure of inflation, and the one the Bank of England takes into account when setting interest rates, is the Consumer Prices Index (CPI). The Retail Prices Index (RPI) is often used in wage negotiations. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 05:10:12 PM
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.... In a survey, it found that the vacuum cleaner was the second most annoying appliance noise in the home, with the washing machine the most irritating. What will happen post-Brexit? “Any future trade negotiations between the EU and UK could potentially cover energy efficiency rules amongst other regulatory aspects, but that cannot be predicted,” the European commission says in statement. ... [Read full article on Guardian ]
Saturday 12th of August 2017 06:00:37 AM
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Latest Finance News related to Negotiation

UK to seek Irish border waivers on customs and food safety after Brexit image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:27:16 PM
....The government aims to avoid the need for border posts with Ireland when the UK leaves the EU, an ambitious goal seen as essential to preserving the Good Friday peace agreement. “The UK and Ireland have been clear all along that we need to prioritise protecting the Belfast agreement in these negotiations, and ensure the land border is as seamless as possible for people and businesses,” said David Davis, the UK’s Brexit secretary. ...
Pound falls against dollar as inflation comes in lower than expected image
Source : Guardian [Read Article] Tuesday 15th of August 2017 05:10:12 PM
....The government's preferred measure of inflation, and the one the Bank of England takes into account when setting interest rates, is the Consumer Prices Index (CPI). The Retail Prices Index (RPI) is often used in wage negotiations. ...
Holidaymakers urged to buy euros as pound set for PARITY against single currency image
Source : Daily Express [Read Article] Tuesday 15th of August 2017 03:25:00 PM
....At the same time, the European Central Bank (ECB) is expected to start reducing its money-printing programme, which is helping to strengthen the euro. Alexandra Russell-Oliver, currency markets analyst at Caxton, said: "Sterling’s vulnerability during Brexit negotiations and euro strength on tapering speculation could see the sterling-euro rate fall further, at least testing 2010 lows and bringing into sharper focus the possibility of parity. ...
UK will 'mirror' much of EU customs system for Brexit, plans reveal image
Source : Guardian [Read Article] Tuesday 15th of August 2017 11:31:05 AM
....The second, and more ambitious, of two options outlined in Tuesday’s paper was called a “new customs partnership” and “would involve the UK mirroring the EU’s requirements for imports from the rest of the world where their final destination is the EU”. Officials hope this would remove the need for all customs checks with the EU because UK exports would also be exempt from tariffs under the planned free trade agreement – though all such promises are subject to extensive negotiation with other member states. ...
UK may have to pay EU in temporary customs union, Davis suggests image
Source : Guardian [Read Article] Tuesday 15th of August 2017 08:32:19 AM
....”. Asked the same question about the cost of the temporary deal on BBC Radio 4’s Today programme, Davis said: “I’m not going to do the negotiation on air. ...
Rail users face steepest fare rise in five years as inflation hits 3.6% image
Source : Guardian [Read Article] Tuesday 15th of August 2017 08:32:02 AM
....The government's preferred measure of inflation, and the one the Bank of England takes into account when setting interest rates, is the Consumer Prices Index (CPI). The Retail Prices Index (RPI) is often used in wage negotiations. ...
We helped save Europe: now Europe could save us from Brexit image
Source : Guardian [Read Article] Sunday 13th of August 2017 06:00:06 AM
....This forceful reflection on the state of the nation comes from Sir Brian Unwin, former president of the European Investment Bank, one of the many EU institutions from whose work the British economy has benefited through our membership. Sir Brian was involved in the occasional negotiation with Brussels, not least on behalf of Mrs Thatcher during the EEC budget-rebate squabble during the early 1980s. ...
A tale of two housing markets: booming Burnley and stagnant Kensington image
Source : Guardian [Read Article] Saturday 12th of August 2017 03:00:48 PM
....”. Looking ahead, he expects the Brexit process to continue to weigh on the housing market: “I think it’s going to be very lumpy over the next 18 months during these negotiations. ...
Noisy vacuum cleaners will bite the dust under new EU rules image
Source : Guardian [Read Article] Saturday 12th of August 2017 06:00:37 AM
.... In a survey, it found that the vacuum cleaner was the second most annoying appliance noise in the home, with the washing machine the most irritating. What will happen post-Brexit? “Any future trade negotiations between the EU and UK could potentially cover energy efficiency rules amongst other regulatory aspects, but that cannot be predicted,” the European commission says in statement. ...
Brexit pain for holidaymakers as pound expected to fall further against euro image
....Theresa May, Philip Hammond, Boris Johnson, Chris Grayling, Liam Fox and Michael Gove have given contradictory statements about Conservative plans for trade, customs, tariffs, immigration, air control, a transition period and countless other facets of Britain’s divorce. “The UK economic outlook looks bleak, with stretched household balance sheets, Brexit negotiation uncertainty potentially weighing on business investment, and net exports growth staying subdued despite a weak pound,” Morgan Stanley analysts said. ...
UK trade deficit widens as fall in sterling fails to improve export sales image
Source : Guardian [Read Article] Thursday 10th of August 2017 03:13:41 PM
....Suren Thiru, the head of economics at the British Chambers of Commerce, said the trade figures were disappointing and businesses needed more support from the government. He said: “As the Brexit negotiations unfold, safeguarding the favourable terms of trade that UK firms currently enjoy with partners and markets in Europe and beyond must be a key priority. ...
The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen image
.... It evidently took more time than expected for the implications to sink in – to understand that “Brexit means Brexit,” as May’s pithy tautology put it. It took time to realise that there would be no smooth break with the EU and that negotiations would not be wrapped up in two years. ...
US firm Vantiv to buy British rival Worldpay for £9.3bn image
Source : Guardian [Read Article] Wednesday 9th of August 2017 01:55:20 PM
.... The capital will become the international headquarters of the new group. Kalifa said negotiations took time because of the scale and complexity of the deal. ...
Ed Sheeran’s Divide puts Warner Music’s streaming income on track to cross £1bn image
.... Digital revenues across the business grew 30% to $496m, accounting for more than half of the record company’s total income in the quarter. In May, Warner Music renewed its licensing contract with YouTube in tough talks Cooper referred to in an internal memo at the time as not being a “free market” negotiation. ...
Murdoch’s Sky takeover bid delayed as Ofcom is asked for further input image
....The Murdochs have already expressed concerns about delays to the regulatory process and tried to speed it up by not submitting an improved offer to allay the concerns of the government. An improved offer would have required further behind-the-scenes negotiation. ...
UK consumers cut spending on clothes, cars and foreign travel image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
....Annabel Fiddes, an IHS Markit economist, said households were having to cope with rising living costs against a backdrop of slowing earnings growth, highlighting recent government data showing total real pay falling at the quickest pace for nearly three years. “Alongside the renewed squeeze on household budgets, uncertainties linger over the direction of the economy and the outcome of the ongoing Brexit negotiations, which is weighing down consumer confidence,” said Fiddes. ...
Why Trumponomics cannot make America great again image
Source : Guardian [Read Article] Friday 4th of August 2017 09:40:46 AM
....The bad news is that Trump is sticking to his “buy American, hire American” credo, and his protectionist gestures will hurt growth more than they save jobs. He has already abandoned the Trans-Pacific Partnership and negotiations for the Transatlantic Trade and Investment Partnership with the European Union. ...
Sports Direct loses biggest independent investor image
Source : Guardian [Read Article] Thursday 3rd of August 2017 05:40:54 PM
....The report also lists a range of risks that could harm the business. Ashley is defending the business from cyber-attacks with “external penetration testing” and on Brexit he has begun “negotiations with lenders” and is monitoring “movements in customer behaviour”. ...
Brexit is putting firms off giving pay rises, says Bank of England image
Source : Guardian [Read Article] Thursday 3rd of August 2017 11:13:47 AM
....The government's preferred measure of inflation, and the one the Bank of England takes into account when setting interest rates, is the Consumer Prices Index (CPI). The Retail Prices Index (RPI) is often used in wage negotiations. ...
Ireland's departing UK ambassador shares 'sadness' over Brexit image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 06:00:39 AM
....Mulhall said the ideal solution was for the UK to remain in the customs union, obviating the need for customs checks. He believes Britain is only now realising the complexity of unravelling 44 years of public policy, and that both sides now face the “grind … [of] trying to bring these negotiations across the line in the next year and a half in a way that will avoid doing serious damage to Ireland, to British-Irish relations, and to the UK”. ...
Qatar makes legal complaint to WTO over Gulf trade boycott image
Source : Guardian [Read Article] Monday 31st of July 2017 05:33:52 PM
....“The consultation request is to discuss and clarify the legality of these measures and find a way to bring them into conformity with their commitments,” Thani said. “We have always called for dialogue, for negotiations, and this is part of our strategy to talk to the members concerned and to gain more information on these measures, the legality of these measures, and to find a solution to resolve the dispute. ...
No 10 contradicts Hammond over 'off the shelf' Brexit transition deal image
.... We are not looking for an off-the-shelf model. Precisely what the implementation model will look like is up for negotiation. ...
HSBC chief sounds alarm over financial regulation and Brexit image
Source : Guardian [Read Article] Monday 31st of July 2017 07:02:10 AM
.... He also warned on the impact of Brexit on Europe’s financial markets. As the bank admitted for the first time that reorganising its business for Brexit will cost up to $300m (£228m), Flint said: “The essential questions that have to be addressed are whether, at the conclusion of the negotiations, the economies of Europe will continue to have access to at least the same amount of financing capacity and related risk management services, and as readily available and similarly priced, as they have enjoyed with the UK as part of the EU. ...
Serco’s boss suffers through his wilderness years image
Source : Guardian [Read Article] Sunday 30th of July 2017 05:59:11 AM
....Soames, of course, runs the embattled outsourcing giant Serco – which many think would not now exist had he not come to save it during many, many long months of struggle and of suffering. “Some of the best civil servants are moving to work on Brexit negotiations,” Remainer Soames told the Evening Standard last year, as he outlined why Brexit might inspire a boom in supplying the UK government with its services. ...
Jeff Bezos: how the world's richest man can change his stingy reputation image
....Amazon’s fierce opposition to unions shows that Bezos is unwilling to grant his workers any democratic input into the company they give much of their lives to. The way to ensure that workers aren’t exploited or mistreated is to make sure they are well represented in their negotiations with management. ...
Barclays sets aside extra £700m for PPI claims image
Source : Guardian [Read Article] Friday 28th of July 2017 07:25:34 AM
.... It is also making changes to cope with Brexit and is expanding in Dublin. Staley said businesses in the UK would need to start their Brexit contingency planning and said the government was reaching out to the business community as negotiations begin. ...
France nationalises strategic shipyard to thwart Italian ownership image
Source : Guardian [Read Article] Thursday 27th of July 2017 12:12:15 PM
.... Le Maire had withdrawn that agreement and instead proposed a 50-50 share with the Italians, an offer that expired on Thursday, prompting nationalisation. Le Maire said he wanted to ensure that skills and jobs remained in France, and said negotiations would continue with the Italians. ...
Labour softens stance on staying in single market after Brexit image
Source : Guardian [Read Article] Thursday 27th of July 2017 10:49:04 AM
....“It is vital that we retain the benefits of the single market and the customs union. How we achieve that is secondary to the outcome and should be part of the negotiations. ...
UK factory output grows at fastest rate since mid-1990s image
Source : Guardian [Read Article] Tuesday 25th of July 2017 03:24:14 PM
....com, said the CBI survey offered “some light relief” after a run of GDP growth downgrades by the International Monetary Fund and Bank of England. But the headwinds of high inflation and the uncertainty created by the Brexit negotiations would take its toll over the coming months, he said. ...
BMW pledges to build new e-Mini at UK car plant image
Source : Guardian [Read Article] Tuesday 25th of July 2017 01:14:23 PM
.... In February this year, the company said: “The BMW group has always made clear that we believe integration of the UK into the EU single market, maintaining free movement of goods, services, capital and talent, would be best for business. What’s important for us is that the UK’s negotiations with the EU result in uncomplicated, tariff-free access to the EU single market in future. ...
Uber and Deliveroo chiefs face new grilling by MPs image
Source : Guardian [Read Article] Tuesday 25th of July 2017 10:18:54 AM
Post-Brexit trade deals 'threaten UK's animal welfare standards' image
Source : Guardian [Read Article] Tuesday 25th of July 2017 06:37:35 AM
.... EU rules also barmeat that has been fed with hormones and growth-promoting antibiotics. Such products are allowed for sale in the US and attempts by the UK to impose higher standards on any imports would be a difficult part of trade deal negotiations. ...
IMF cuts 2017 growth forecasts for UK and US image
Source : Guardian [Read Article] Monday 24th of July 2017 04:45:27 AM
....The Fund said that while the risk of a repeat of the electoral shocks of 2016 – Brexit and Trump’s presidential victory – had declined, policy uncertainty remained at a high level and could rise further. It singled out “difficult-to-predict US regulatory and fiscal policies, negotiations of post-Brexit arrangements, or geopolitical risks”, all of which it said could harm confidence, deter private investment, and weaken growth. ...
Rushing into a trade deal with the US would harm the UK | Adam Marshall image
Source : Guardian [Read Article] Saturday 22nd of July 2017 11:03:00 PM
.... The embryonic UK Department for International Trade appears to have embraced the more conventional Whitehall approach, staffing up primarily with civil servants plus a smattering of global experts. If talks began on a US-UK deal over the coming months, I know which of the two I’d put my money on to get the upper hand in a complex and lengthy negotiation. ...
The UK’s Brexit negotiators are powered by little more than hope image
Source : Guardian [Read Article] Saturday 22nd of July 2017 04:00:42 PM
. Don’t worry, the Brexiters say – when the negotiations reach their nail-biting conclusion, Brussels will cave in. ...
Burgers and birdwatching? UK retail fights to make shopping a big day out image
....“Household debt is very much on the rise, as any positive performance in the retail sector over the last 12 months has nearly entirely been funded by credit,” said James Knightley, ING chief international economist who is a member of the KPMG/Ipsos retail thinktank. “With wage growth continuing to struggle, the uncertainty of Brexit negotiations and current unstable political climate, the spending power of the consumer and their ‘want’ to shop is diminishing and could spell trouble ahead for retailers in the UK,” he continues. ...
Bank of America to move some City of London roles to Dublin post-Brexit image
....“We will move roles not only to Dublin but to other EU locations . While we await further clarity around the Brexit negotiations, we are making all necessary preparations to serve our clients however those discussions conclude,” said Moynihan. ...
British American Tobacco to acquire Reynolds as activists decry merger image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:51:28 PM
.... “By taking over Reynolds, BAT, already one of the top five companies in the FTSE 100, is now the largest tobacco company in the world. “Despite all the talk during the merger negotiations of the importance of ‘next generation products’ BAT is still clearly focused on flogging fags to low- and middle-income countries. ...
Top firms must publish figures on ethnic diversity, says report image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:01:11 AM
....The report by the professional management body the CMI and the British Academy of Management focuses on ethnic diversity at management levels below the boardroom and highlights the importance of the issue following the vote for Brexit. “While uncertainty persists about the outcome of negotiations with the EU, employers in all sectors have to face up to the prospect of reduced access to overseas talent. ...
'City will have to launch Brexit plans if there is no transitional deal' image
....“By the end of this year, their plans tell them that in order to have things in place, they’ve got to implement them,” said Bailey. Without a transition agreement, they will be having to do so without knowing the outcome of the negotiations. ...
Lower fuel prices slow pace of UK inflation image
Source : Guardian [Read Article] Tuesday 18th of July 2017 08:56:34 AM
....However, David Blanchflower, another former member of the MPC and a professor of economics at Dartmouth College, New Hampshire, said now is “precisely the wrong time” to raise UK rates. “Why would you want to have a self-inflicted wound at a time when Brexit negotiations are taking place,” he said. ...
UK growth will slow as consumer spending is squeezed, forecasts PwC image
Source : Guardian [Read Article] Tuesday 18th of July 2017 05:01:11 AM
.... Fiscal policy could also be further relaxed in the 2017 autumn budget to offset the ongoing real squeeze on household spending power. “There are still downside risks relating to Brexit, but there are also upside possibilities if negotiations go smoothly and the recent eurozone economic recovery continues. ...
4 things you should say when you get a 'no' during a salary negotiation image
Source : Independent [Read Article] Sunday 16th of July 2017 12:17:30 PM
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Election euphoria won’t last if Labour doesn’t foil Brexit folly image
Source : Guardian [Read Article] Sunday 16th of July 2017 05:59:13 AM
.... Every day brings news of economic slowdown and mounting concern at the Bank of England about the wisdom of tightening monetary policy in the face of the gathering British economic storm. Yet the Conservatives in parliament seem to be dominated by a powerful minority of ideological Brexiters who are determined that these so-called negotiations with the other 27 will end in tears. ...
ITV closes in on naming easyJet's Carolyn McCall as CEO image
Source : Guardian [Read Article] Friday 14th of July 2017 04:47:41 PM
....McCall, who has been chief executive of easyJet for seven years, is understood to be ITV’s preferred choice to take over from Adam Crozier, who left the company at the end of June. Two sources believe that McCall has finally accepted the role after weeks of negotiations as it emerged that Paul Geddes, the chief of Direct Line and a Channel 4 board member, who was an early favourite, is out of the process. ...
Rupert Murdoch will not offer new Sky deal to culture secretary image
Source : Guardian [Read Article] Thursday 13th of July 2017 03:18:55 PM
....This view is a volte face by the media regulator which, along with the then Office of Fair Trading, accepted a full spin-off as solving media plurality issues at the time of Murdoch’s 2011 bid, which was ultimately abandoned due to the public and political fallout of the phone-hacking scandal. Fox is unlikely to want to waste extra time trying to try to fast-track the deal with new Sky News proposals in negotiations that seem doomed to fail. ...
UK pay squeeze intensifies as real wages continue to fall image
Source : Guardian [Read Article] Wednesday 12th of July 2017 10:35:05 AM
....“This is having a negative impact on household spending. With uncertainty gathering over the Brexit negotiations, the Bank of England’s monetary policy committee would need to see a distinct improvement in earnings growth towards 3% and above, to be in a position to raise interest rates. ...
Political upheaval will lead to UK economy slowing down, says Moody's image
Source : Guardian [Read Article] Tuesday 11th of July 2017 12:51:23 PM
....“Our forecasts for slower growth are subject to considerable downside risks, stemming mainly from Brexit uncertainties,” Glass said. “For example, the staging of the negotiations, with the ‘divorce’ settlement being negotiated before any future relationship with the EU is addressed, means that should the separation negotiations stall, there would be less time left for negotiating the future trade relationship, risking a cliff edge. ...
Improve the Brexit offer to EU citizens, or we’ll veto the deal | Guy Verhofstadt image
....In early 2019 MEPs will have a final say on the Brexit deal. We will work closely with the EU negotiator and the 27 member states to help steer negotiations. ...
German industry warns UK not to expect help in Brexit negotiations image
Source : Guardian [Read Article] Sunday 9th of July 2017 08:51:32 AM
....”. Their comments come just weeks after David Davis, the Brexit secretary, said his claim before the referendum, that German industry would put pressure on Angela Merkel, the chancellor, to hand Britain a good Brexit deal, was “where [the negotiations] will end up”. ...
In other circumstances, we’d raise rates. But with Brexit looming, how can we? image
.... The economy is already weakening and the main measure of economic activity, GDP, is likely to slump in the second half of the year. Saunders says the Brexit negotiations are no constraint on MPC decision-making. ...
People want a 'sensible Brexit', says Philip Hammond image
Source : Guardian [Read Article] Friday 7th of July 2017 04:26:44 PM
....”. Fox’s bullish comments about the negotiations highlighted the split within the cabinet over how the government should approach Brexit. ...
UK business leaders to call for indefinite delay in leaving single market image
.... Time flies,” the chief EU negotiator, Michel Barnier, warned in a separate speech on Thursday in Brussels in which he claimed that Britain had yet to “face the facts” on Brexit. “Whatever the outcome of these negotiations, the message I would like you to convey on the ground is this: the real transition period began on 29 March 2017, the day on which the UK presented its [article 50] notification letter. ...
UK faces tightest squeeze on household incomes for five years image
Source : Guardian [Read Article] Thursday 6th of July 2017 12:57:38 PM
....“While no one expects it to be as bad as the last one, the fact that the fall in household incomes at the start of 2017 was the biggest in over five years is a huge cause for concern,” he said. “The government needs to rise to this economic challenge, alongside tackling the political ones associated with ongoing Brexit negotiations. ...
Hold the Shard-enfreude – a house price drop is not about to happen | Patrick Collinson image
....Brexit could spark a rise in unemployment, although there is little hard evidence of that so far. What it’s more likely to do is lead to a cap on rate rises, with no Bank of England governor prepared to risk a meaningful increase in base rate when there is so much uncertainty over the economy during the Brexit negotiations. ...
Japan and EU expected to sign trade deal on Thursday image
Source : Guardian [Read Article] Thursday 6th of July 2017 05:46:17 AM
....The European Union and Japan are on course to sign a trade deal on Thursday, after talks gained impetus in the wake of Donald Trump’s threat to put up barriers to international commerce. Cecilia Malmström, the European trade commissioner, announced she had reached a political agreement with the Japanese foreign minister, Fumio Kishida: “We ironed out the few remaining differences in the EU-Japan trade negotiations,” she tweeted. ...
Worldpay shareholders should decline its meek merger deal | Nils Pratley image
.... In that regard, Worldpay investors can console themselves that the tale may not be over. Yet a rushed overnight negotiation represents a poor start and it has produced a boardroom arrangement that looks a muddle. ...
Ken Loach thinks Brexit will be bad for British films image
Source : BBC [Read Article] Wednesday 5th of July 2017 12:03:52 PM
....A report commissioned by the BFI into the likely effects of Brexit found that, depending on the type of deal the UK government reaches with the EU, the British film industry could end up losing up to 14,100 jobs or gaining up to 5,000 more. But the report - which was gained under a Freedom of Information request by film blogger Stephen Follows last week - says that, based on the way the negotiations are most likely to go, the overall effect is likely to be negative. ...
UK services sector growth hits four-month low amid Brexit fears image
Source : Guardian [Read Article] Wednesday 5th of July 2017 11:39:28 AM
....”. Williamson said the surveys of business optimism revealed a steep decline following the general election and commencement of Brexit negotiations. ...
Lloyds and the FCA must give full story on HBOS Reading fraud | Nils Pratley image
.... Card processing enjoys fat profit margins – the fees are tiny in percentage terms but add up to a big figure – and the growth of ecommerce makes the long-term outlook stable. Chairman Sir Mike Rake should not feel compelled to enter negotiations unless he thinks he can get at least 450p a share. ...
Bank of England's Michael Saunders: 'Prepare for higher interest rates' image
.... But if rates do go up, it will be in the context of the economy doing OK and unemployment being low and probably falling,” he said. Speaking on the eve of the 10th anniversary of the last time the Bank raised interest rates, Saunders rebuffed suggestions that policymakers should hold fire while Brexit negotiations get underway. ...
UK ministers move to allay Brexit fears over access to medicines image
Source : Guardian [Read Article] Tuesday 4th of July 2017 08:26:44 AM
.... But it would have to increase hugely in size if it became responsible for approving all new drugs aimed at the British market. The letter is reported to have been signed off by Downing Street but is seen as a break with May’s intention to reveal none of her cards before entering Brexit negotiations. ...
Brexit: British officials drop 'cake and eat it' approach to negotiations image
....”. But insiders warn that the clock is now ticking to agree which vision will prevail before the first phase of EU negotiations is concluded over the summer. ...
Nisa denies staff annual bonuses despite hitting performance targets image
.... Through Nisa, the grocer would have access to 3,000 convenience stores at a time when it is struggling to acquire new sites to expand its own convenience arm. As Sainsbury’s pores over Nisa’s books, a big question mark hangs over a key contract to supply McColl’s, the 1,375 strong convenience and newsagent chain, which is up for negotiation. ...
Channel 4's Bake Off set 'will be product-placement-free' image
Source : Guardian [Read Article] Sunday 2nd of July 2017 02:25:38 PM
....The Great British Bake Off will not offer advertisers the chance to pay for product placement in the show, from butter and flour to utensils and whiteware – a decision taken to maintain the “integrity” of the series for the judges, bakers and viewers. Channel 4 is currently in negotiations with advertisers to cook up at least £25m a year from a range of commercial deals to cover the cost of poaching the biggest show on British TV from the BBC. ...
Hard Brexit has been confounded by some harder realities image
Source : Guardian [Read Article] Sunday 2nd of July 2017 06:00:21 AM
....Philip Hammond’s sin was to let them know that the warnings of our Brussels-based ambassador Sir Ivan Rogers, whom they sacked, were prescient; that making the country poorer was neither good politics nor good economics; and that our continental partners were not going let us have our cake and eat it. The way my old friend, exit secretary David Davis, caved in to the insistence from the EU27 that this so-called negotiation be dealt with according to their timetable, not his, was no less embarrassing for being so predictable. ...
Soft Brexit is the only sane option. This is no time for partisan politics | Simon Jenkins image
.... Most Tory MPs, most Labour MPs and virtually all minority-party MPs are of that persuasion. In that case, a sane politics would form a joint committee of the house to oversee the negotiations. ...
Jeremy Corbyn sacks three frontbenchers over single market vote image
Source : BBC [Read Article] Thursday 29th of June 2017 09:33:48 PM
.... . She said she had done so because she wanted single market membership to be "part of the [Brexit] negotiations. ...
Rupert Murdoch's Sky bid is now very likely to succeed image
Source : Guardian [Read Article] Thursday 29th of June 2017 03:01:16 PM
.... Soon he may be in the familiar position of haggling over fine details, such as the future of Sky News. In a negotiation with regulators and politicians, Murdoch usually finds a way to get a deal done. ...
UK expats in Spain outnumber Spanish in UK image
Source : BBC [Read Article] Thursday 29th of June 2017 11:31:55 AM
.... . The figures come from a special report by the Office for National Statistics, designed to provide more information ahead of Brexit negotiations. ...
Labour MPs warn ministers against ‘grubby deal with Murdochs’ over Sky image
....The MPs’ intervention came in response to the culture secretary telling the Commons on Thursday that she was “minded” to accept the regulator’s conclusion that the Competition and Markets Authority should conduct a full six-month examination of the deal. Ofcom, Karen Bradley added, had concluded that the extra inquiry was required because the Murdoch family would have “material influence” as a result of buying Sky – but held the door open for potential negotiations that would avoid a full inquiry. ...
Savings to finally be boosted as Mark Carney hints interest rates set to rise image
Source : Daily Express [Read Article] Thursday 29th of June 2017 11:11:00 AM
....”. Mr Carney appears to have shifted his position slightly from earlier this month when he said that now was “not yet the time” to rise rates, saying the full impact of the “reality of Brexit negotiations” had yet to hit the economy. ...
Brexodus has begun. We EU nationals know staying on is too big a gamble | Joris Luyendijk image
.... After all, this was true of the interests of the Irish, the Northern Irish, the Scots and the Gibraltarians too. It is also not just that EU nationals have morphed from afterthought to “bargaining chips” to be traded in the negotiations with the EU for, say, a better fishing quota. ...
Southern axes quarter of trains as drivers' overtime ban begins image
Source : BBC [Read Article] Wednesday 28th of June 2017 10:58:36 PM
....The overtime ban had been due to start on 4 June but was postponed while fresh talks were held. The union and train company have been discussing drivers terms and conditions, industrial relations and pay in parallel negotiations. ...
Pound leaps as Carney says growth will be factor in interest rate debate image
Source : Guardian [Read Article] Wednesday 28th of June 2017 03:15:46 PM
....“Some removal of monetary stimulus is likely to become necessary if the trade-off facing the MPC continues to lessen and the policy decision accordingly becomes more conventional. The extent to which the trade-off moves in that direction will depend on the extent to which weaker consumption growth is offset by other components of demand, including business investment, whether wages and unit labour costs begin to firm, and more generally, how the economy reacts to both tighter financial conditions and the reality of Brexit negotiations. ...
Green's 'main purpose' in BHS sale was to avoid pension liability, says watchdog image
.... Just under a year before that Green had sold the business for £1 to a former bankrupt with no experience of retail. It took months of negotiations and the threat of legal action by the regulator before Green agreed a voluntary settlement on funding the pension scheme. ...
Consumer confidence collapsed after general election, YouGov finds image
Source : Guardian [Read Article] Monday 26th of June 2017 11:05:13 PM
....25% and the government signalled a relaxation of its plans for further cuts to public spending. Since last August, when confidence surveys recovered some lost ground, the index, which was carried out for the economic consultancy CEBR, has tracked lower, largely in response to uncertainty surrounding Brexit negotiations. ...

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