Announcement

Collapse
No announcement yet.

UK firms cut staff; Greece launches debt auction - business live

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • UK firms cut staff; Greece launches debt auction - business live

    Rolling coverage of the latest economic and financial news, as China sets its lowest growth target in almost three decades1.43pm GMT
    Auto makers are fielding question about Brexit at the Geneva Motor Show, which kicked off today.
    BMW has bad news for its Oxford workforce - if Britain leaves the EU without a deal, it could be forced to shift Mini production out of its Cowley car plant.
    BMW may stop making Mini at Cowley if there is no-deal Brexit https://t.co/roNZemztSA
    Carlos Tavares, head of Vauxhall's parent group PSA, tells ITV News there will be no further investment in Ellesmere Port - such as the introduction of electric cars - until the outcome of Brexit is decided https://t.co/FXNVPsfNj9 pic.twitter.com/UeJOXyM7KJ
    1.25pm GMT
    Ouch. Sterling is suddenly sliding against other major currencies.
    The pound has lost almost a cent against the US dollar, from $1.32 to barely $1.31. It’s also down half a eurocent at €1.158.
    ANALYSTS SAY STERLING DOWN ON LABOUR'S MCDONNELL'S COMMENTS THAT FEW LABOUR LAWMAKERS WILL BACK PM MAY'S BREXIT DEAL IN VOTE
    Asked what will happen to Labour frontbenchers who rebel next week on Brexit votes, John McDonnell says they will be treated with “the usual....good humour and comradeship”

    (sounds like a bit of a free pass again)
    Continue reading...

    More...
Working...
X