Image copyright Reuters The UK has yet to finalise agreements to replace existing free trade deals the EU has with 40 big economies if there is a no-deal Brexit. International Trade Secretary Liam Fox said he “hoped” they would but it depended on whether other countries were “willing to put the work in”. He said …
Image copyright Getty Images Hundreds of thousands of Lloyds, Halifax and Bank of Scotland customers are currently unable to make payments from their online accounts. Millions have current accounts with the three brands – which are all owned by Lloyds Banking Group – which provides the most current accounts in the UK. Some have been …
The claim: Immigration has held down wages in the UK. Reality Check verdict: Current research suggests there was a small, negative impact on the wages of low-skilled workers, which was outweighed by other factors such as the impact of the financial crisis and rises in the minimum wage. In a Brexit speech, Leave campaigner and …
Image copyright Getty Images British businesses trading on Amazon have been advised to take steps in preparation for a no deal Brexit to ensure they can continue selling to customers in the EU. The online retail giant has informed UK sellers no deal “may temporarily prevent cross-border trade.” Britain is scheduled to leave the EU …
Image copyright Reuters/AFP Image caption Mr Trump has postponed Ms Pelosi’s trip a day after she called on him to postpone his address to Congress US President Donald Trump has postponed House Speaker Nancy Pelosi’s upcoming trip to Brussels and Afghanistan, asking her to stay to negotiate an end to the partial US government shutdown. …
Image copyright Getty Images Image caption Rupert Murdoch bought the Times titles in 1981 Rupert Murdoch’s The Times and The Sunday Times newspapers are asking the government for permission to share resources, including journalists, between the two titles. The application to the Department for Digital, Culture, Media and Sport (DCMS) is necessary as legal undertakings …
Image caption The factory employs 732 workers in Melksham A tyre company has confirmed 300 workers at its Wiltshire factory will lose their jobs. US firm Cooper Tire and Rubber Company will stop light vehicle tyre production in Melksham, Wiltshire, and transfer it to other “global” centres. It follows discussions with the union Unite with …
Image copyright Reuters Electric carmaker Tesla has said it will cut its workforce by 7% after the “most challenging” year in its history. In an email to employees, shared on the firm’s website, founder Elon Musk said that growth at the firm had been strong. But he added the firm’s cars were still “too expensive …
Image copyright Getty Images Retail sales in the UK in December fell more than expected as consumers brought forward their Christmas shopping to November, the Office for National Statistics said. Sales volumes fell by 0.9%, more than the 0.8% forecast by economists. It comes after the surprise 1.4% rise in November when Black Friday discounting …
Image copyright Getty Images Nissan and Mitsubishi have said Carlos Ghosn received “improper payments” totalling €7.8m ($8.9m; £6.9m) from a joint venture between the carmakers. The claim follows a joint investigation by the companies into misconduct carried out by Mr Ghosn. Mr Ghosn, former chairman of both firms, has been detained since November on charges …