Aberdeen Asset Management shares tumble on 15th consecutive quarter of outflows

Share William Turvill While Aberdeen is keen to point out the low margin aspect of some of the net outflows, the headline figures are not pretty, and will likely continue to pressure the shares. Investor sentiment had been improving steadily in the early part of the quarter, but stalled following the US presidential election result with investors putting asset allocation decisions on hold. Encouragingly, despite the market volatility our equity strategies produced strong returns for the year.While growing interest in a number of our strategies is likely to continue to be masked, in the short term, by significant withdrawals by a small number of clients, I am encouraged by the progress being made. Overall Aberdeen remains in good shape, we have a strong balance sheet, a global client base and wide range of capabilities to meet the needs of investors. Analysts at Peel Hunt noted that, with the firm already having flagged significant outflows, “there should be little surprise that this was another difficult quarter for Aberdeen”.With uncertainty around the UK’s Brexit vote and the presidential election, 2016 was a tough year for fund managers across the board.Despite markets like the FTSE 100 hitting record highs at the end of the year, fund sales were at their lowest level since 2008, according to Investment Association figures released earlier this week.What the analysts say: “Not pretty”Laith Khalaf, senior analyst at Hargreaves Lansdown, said: Thursday 2 February 2017 10:31 am Read more: Aberdeen share price jumps despite profit slumpWhat the company saidChief executive Martin Gilbert said: Aberdeen Asset Management’s shares fell five per cent on Thursday morning after the FTSE 250 firm reported outflows as investors were spooked by the US presidential election.The figuresThe company reported assets under management of £302.7bn at 31 December, down three per cent from £312.1bn on 30 September last year. RBC Capital said in a note: Net outflows of £10.5bn were only partially offset by asset appreciation of £3.3bn, the first quarter results show.Read more: Investors failed to keep calm and carry on in 2016, despite strong marketsAberdeen has now reported 15 consecutive quarters of outflows, totalling a cumulative £104.6bn, according to Shore Capital’s Paul McGinnis.Aberdeen’s share price was down five per cent to 246p shortly after 10am on Thursday morning.[stockChart code=”ADN” date=”2017-02-02 10:26″]Why it’s interesting The woe continues at Aberdeen as funds continue to flow in the wrong direction, and the fund manager has now clocked up fifteen consecutive quarters of net withdrawals. The fund manager has put considerable emphasis on its Multi-Assetproposition, but even here billions of pounds worth of assets are walking out the door. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBe20 Stunning Female AthletesBetterBeAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads2021 Buicks | Search AdsIntroducing The Head Turning 2021 Buicks!2021 Buicks | Search AdsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdFactablePut Baking Soda Around The Base Of A Tomato Plant, Here’s WhyFactable whatsapp whatsapp Aberdeen Asset Management shares tumble on 15th consecutive quarter of outflows read more

London’s T-charge, which will affect up to 10,000 high pollution vehicles, will be introduced in October

Friday 17 February 2017 4:28 pm London’s T-charge, which will affect up to 10,000 high pollution vehicles, will be introduced in October The T-charge comes ahead of Khan’s plans to introduce the world’s first Ultra Low Emission Zone, which he hopes to roll out as early as 2019. The mayor has doubled funding for tackling air quality, setting aside £875m over the next five years.“It’s staggering that we live in a city where the air is so toxic that many of our children are growing up with lung problems. If we don’t make drastic changes now we won’t be protecting the health of our families in the future,” said Khan, who issued the first “very high” pollution alert in London last month.He added: “I will continue to do everything in my power to help protect the health of Londoners and clean our filthy air. But now is the time for government to show real leadership and join me by introducing a diesel scrappage fund and bring in the new Clean Air Act we desperately need.”According to Khan’s announcement, more than 9,000 Londoners die prematurely each year as a result of long-term exposure to air pollution and 438 schools in the capital are in areas exceeding legal air quality levels. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Liketaffizz28-Day Keto ChallengetaffizzAtlantic MirrorStrange Secret Behind Alan Alda’s Enduring MarriageAtlantic MirrorHealth CareWhat Happens When You Eat Avocado Everyday For A Month?Health CareMovie JewelMorgan Freeman Ruined His Multi-Million Dollar Ranch To Protect The PlanetMovie Jeweltibgez.comWhat Happens If You Eat 4 Almonds A Daytibgez.comFoundation Repair | Search AdsLooking For Cheap Foundation Service? Scottsdale Residents Could Benefit From 2021 PricesFoundation Repair | Search AdscarammelloWhat are the top 10 most expensive cat breeds in the world ? – CarammellocarammelloAuto carLook: Top 5 best pick-up trucks 2021 | AutocarAuto carMagnetPalThe World’s Strongest Magnet Is HereMagnetPal Take a deep breath – or don’t… yet. There’s going to be a new emissions charge in the City starting 23 October.London mayor Sadiq Khan today confirmed his plans for a £10 emissions surcharge, or T-charge, on older polluting vehicles in the city centre. whatsapp Khan announced the news on the 14th anniversary of London’s congestion charge, calling it the the toughest emission standard of any major city.So, what is the T-charge? London’s new toxicity charge means cars, vans, minibuses and heavy vehicles that don’t meet the Euro 4/IV emission standard will be subject to a £10 fee to enter the congestion charge zone. This means driving an affected vehicle from Monday to Friday at 7am-6pm will cost £21.50 – the standard congestion charge plus the T-charge.It’s predominantly for vehicles registered in 2005 or before, but you can find out whether you’ll have to pay on Transport for London (TfL)’s website. Khan said Londoners “overwhelmingly” support his plans to charge up to 10,000 of the oldest, most polluting vehicles because “when it comes to battling pollution the time for action is now”. Share whatsapp Courtney Goldsmith read more

The travel disruptions and closures you need to know ahead of a busy weekend in the capital

whatsapp Share Sebastian McCarthy Pride celebrations and a World Cup quarter-final against Sweden today will make this weekend one of London’s busiest in the year, but there are several closures and disruptions worth checking ahead of the big day. whatsapp Jubilee line – On Saturday 7 and Sunday 8 July, there will be no service between Stratford and North Greenwich. This is due to a renewal and replacement of track points.Metropolitan line – On Saturday 7 and Sunday 8 July, there will be no service between Aldgate and Wembley Park. This is due to ballast and track replacement work.DLR – On Saturday 7 and Sunday 8 July, there will be no service between Canning Town and Beckton. This is due to Crossrail construction work. Buses:Wimbledon Tennis Championships – Until 23:00 on Sunday 15 July, there will be increased traffic levels and pedestrian activity around Southfields, Wimbledon Village, Wimbledon town centre and the area around the Wimbledon tennis Complex on Church Road and Wimbledon Park Road. Parking restrictions will be in force and traffic delays can be expected in these areas for the duration of the tournament.Hyde Park – On Saturday 7 and Sunday 8 July, South Carriage Drive and West Carriage Drive will be closed both days from 11:00. From 21:00 until 23:45 each day, Park Lane between Marble Arch and Hyde Park Corner and the eastbound up-slip from Knightsbridge to Hyde Park Corner will be closed. Expect larger than normal numbers of pedestrians in the area. This is due to an event.Roads: Trains: The travel disruptions and closures you need to know ahead of a busy weekend in the capital by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse CoastZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout A201 between Ludgate Hill and Stamford Street- From 05:00 until 12:00 on Sunday 8 July, temporary traffic holds will be in place for a 3 minute duration, 4 times an hour. From 05:00 to 23:00, Queen Victoria Street will be closed in both directions. This is to facilitate filming.Westminster – From 18:00 on Tuesday 10 July, there will be various road closures in the St James’s Park area. This will include the following roads: Constitution Hill, The Mall, Birdcage Walk, Marlborough Road and Victoria Street between Artillery Road and Parliament Square. The outside lane on the western side of Parliament Square will also be closed. This is due to an event.Hyde Park – On Friday 6, Saturday 7 and Sunday 8 July, South Carriage Drive and West Carriage Drive will be closed each day from 11:00. From 21:00 until 23:45 each day, Park Lane between Marble Arch and Hyde Park Corner and the eastbound up-slip from Knightsbridge to Hyde Park Corner will be closed. Expect larger than normal numbers of pedestrians in the area. This is due to an event. Saturday 7 July 2018 9:57 am read more

DEBATE: Is there any point in having a televised debate over Theresa May’s Brexit deal?

first_imgThursday 29 November 2018 9:09 am Mo LovattMo Lovatt is a lecturer in Cultural and Creative Industries and co-chair of The Great Debate. and Alex Deane City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. whatsapp The strategy is a cynical attempt by Number 10 to reach over the heads of divided parliamentarians, in a direct appeal to the electorate, because people – it is calculated – are so fed-up that they’ll accept the deal.But Theresa May has misjudged the public mood. If there is one thing that people are still passionate about, it’s Brexit. We’ve spent hours in pubs, lecture halls, on social media, arguing our case. We’ve fallen out with friends, colleagues, and family members. In my lifetime, nothing has impassioned the electorate more.So, May must face the electorate in a televised debate. Putting her case to the people is absolutely the right decision. The question is, will she listen to their response? We could prove a more formidable opponent than this tin-eared Prime Minister bargained for.Alex Deane, a Conservative commentator, says NO.Think about it. The side debating against Theresa May’s deal (presumably headlined by Jeremy Corbyn) would be able to pepper their argument with criticism from each of the opposing perspectives: ranging from continuity remoaning to headbanging that this is not Brexit enough. Like primal screaming or public emesis, it might feel good to the person doing it, but it yields little by way of enlightenment.Contrariwise, whoever takes the Prime Minister’s position (presumably Amber Rudd, if last time was anything to go by) will Geoffrey Boycott the whole thing out, making the arguments we have heard already.A real debate would be between the sovereign perspective that sees Britain leaving the bloc, and the increasingly integrationist EU views of Donald Tusk and co. That would provide some genuinely helpful insight into the nature of the club we are leaving. But we’re not going to get it. I was an enthusiastic student debater and enjoy public discourse, but I fail to see what we gain from a debate on the Brexit deal. Is there any point in having a televised debate over Theresa May’s Brexit deal?Mo Lovatt, lecturer in Cultural and Creative Industries and co-chair of The Great Debate, says YES.The message coming out of the Prime Minister’s office this week is that “people are bored with Brexit”, so it’s time to #BackTheBrexitDeal.center_img Share Tags: Brexit Donald Tusk Jeremy Corbyn People Theresa May Opinion DEBATE: Is there any point in having a televised debate over Theresa May’s Brexit deal? whatsapplast_img read more

DEBATE: With the Oscars success of Roma, has Netflix broken the dominance of the traditional film studios?

first_img Abbie Llewelyn and Kevin Craig whatsapp Opinion With the Oscars success of Roma, has Netflix broken the dominance of the traditional film studios?Abbie Llewelyn, freelance writer and commentator, says YES.Just six years after Netflix started producing original content, it has scored 15 nominations and three wins at the Oscars. This is a huge breakthrough for streaming platforms, as up until now the Academy has seemingly turned up its nose at made-for-TV films, despite consumer popularity and critical acclaim. Share Netflix has upset the traditional system of a 90-day cinematic window by choosing to debut its films in cinemas (for less than a few weeks) and online at the same time, or with a much smaller gap. This has sparked tension between Netflix and theatre chains, with some refusing to play its films at all.Many filmmakers are still charmed by the prestige of the silver screen and have so far been put off working with online platforms by their apparent inability to win awards. This awards season appears to have ended this cold streak, meaning that some of the world’s best filmmakers will likely be less reticent to work with them.I’m not here to Netflix and shill, but streaming has revolutionised how we watch TV. Now it’s the film industry’s turn.Kevin Craig, chief executive of communications and campaign agency PLMR, says NO.Netflix has broken nothing yet. In fact, the Oscars this year are a clear example of the establishment digging in its heels in the face of technological disruption.Despite Netflix’s best efforts, the tech giant failed to scoop the coveted Best Picture award that it so desperately wanted. It was still a good night for Netflix, but streaming services are yet to translate their huge popularity among consumers to critical acclaim at the very highest level. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. whatsapp This matters. Although Roma only cost around $15m to make, Netflix invested double that (a record) in its Oscars campaign. From billboards to promotional parties, this huge lobbying effort fell short, and proves that Netflix is yet to break the studios’ iron grip.Of all the sectors that have been subject to disruption over the years, the film industry is one that is showing great resilience. There is no doubt that Netflix will be back for another go next year; bigger and better. The question is, how long can the Hollywood establishment hold its nerve? DEBATE: With the Oscars success of Roma, has Netflix broken the dominance of the traditional film studios? by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunMisterStoryWoman files for divorce after seeing this photoMisterStorySee What Full Mouth Dental Implants May Cost You | Sponsored ListingsSee what full mouth dental implants may cost youSee What Full Mouth Dental Implants May Cost You | Sponsored Listings Tuesday 26 February 2019 8:39 am Tags: Netflixlast_img read more

Climate change protests: London brought to standstill as students demonstrate against climate change

first_imgDEMONSTRATION – One group of protesters are blocking the carriageway at Trafalgar Square. A second group are occupying the carriageway on Bridge Street. pic.twitter.com/IzzCWaLcDK— TfL Traffic News (@TfLTrafficNews) March 15, 2019Meanwhile traffic was severely hampered along Westminster Bridge and Parliament Square, as well as Waterloo Bridge Roundabout.UK Student Climate Network estimated that February’s demonstration saw 15,000 students nationwide take part, with nearly twice as many towns and cities expected to participate in this action.Around 2,400 people said they would be attending on the Facebook page for the London strike.The walkout coincided with demonstrations across the world, with students from 1,300 towns and cities in over 90 countries expected to participate. Climate change protests: London brought to standstill as students demonstrate against climate change Friday 15 March 2019 2:50 pm Alyana Vera The walkouts were inspired by Greta Thunberg of Sweden, who first started leaving school to protest in August.Thunberg has been nominated for a Nobel peace prize for her efforts. Tags: Climate change whatsapp whatsapp Share Students protesting against climate change brought parts of London to a standstill today as they demonstrated across bridges and in busy tourist spots.The walkout started at 11am in Parliament Square, where the same group brought traffic to a standstill in February. Under the banner YouthStrike4Climate, students demanded the declaration of a state of climate emergency in order to educate the public about the danger and extent of climate change.“Young people in the UK have shown that we’re angry at the lack of government leadership on climate change,” said Anna Taylor, the 17-year old co-founder of the Climate Network.“Those in power are not only betraying us, and taking away our future, but are responsible for the climate crisis that’s unfolding in horrendous ways around the world,” she added.Protestors blocked the carriageway at Trafalgar Square and surrounding roads. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionUndoFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleUndoPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets DetectiveUndoHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemUndoElvenarIf You Are Above 30, this Fantasy Game is a Must-Have. No Install.ElvenarUndolast_img read more

Barclays unveils £14bn lending fund to help businesses through Brexit uncertainty

first_img Barclays unveils £14bn lending fund to help businesses through Brexit uncertainty More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Read more: Businesses not prepared for increased post-Brexit recruitment costs“It is the entrepreneurs, farmers, manufacturers, housebuilders, new tech firms and countless other businesses that will help the country deal with – and capitalise on – this period of change.”“Barclays is here to help SMEs to do exactly that,” Staley added. whatsapp Tags: Trading Archive Read more: Barclays: No-deal Brexit would ‘significantly’ hurt the EUThe Bank of England’s governor Mark Carney has warned last month that half of UK firms are not ready for a no-deal Brexit, according to recent surveys.UK Finance then launched a no-deal Brexit survival guide for SMEs, which included speaking to banks about extra finance as soon as possible and considering the impact of potential changes to trading arrangements.Barclays said the £14.7bn was to help businesses, at various stages of growth and development, deal with and capitalise on Brexit uncertainty.Chief executive Jes Staley said: “Barclays stands ready to help local businesses in towns, cities and rural communities up and down the country during this period of uncertainty. center_img Wednesday 27 March 2019 12:01 am Share whatsapp Callum Keown Barclays has unveiled a £14bn lending fund to help small and medium-sized businesses through the uncertainty of Brexit.The bank, which has held more than 100 “Brexit clinics” for businesses in recent weeks, said the fund would provide loans, commercial mortgages and cash flow funding for investments.last_img read more

Grannies head back to work as the number of over-70s in employment soar

first_imgWomen are generally becoming more likely to work past their 70th birthday, up 131 per cent to 175,000, but are still lagging behind men.“With generational lows in the unemployment rate, the over 50s offer a talented, and up to now largely untapped opportunity to many employers who are struggling to fill a skills and employment gap,” Lewis said.Read more: The fault in default workplace pension fundsHowever, experts also warned that while many are working past the state pension age of 65, others are being forced out too early.“Health inequalities continue to disadvantage some people, all too often resulting in unwanted early labour market exits,” said Lily Parsey from the International Longevity Centre. Grannies head back to work as the number of over-70s in employment soar whatsapp The number of over-70s working during what would otherwise be their retirement has more than doubled in the last ten years as pensioners try to supplement their incomes, new figures show.Around one in 12 of Brits over 70 are choosing full or part-time employment over full retirement, analysis from over-50s jobs and volunteering site Rest Less shows. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm Oraclebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemPost FunThe Deadliest Snakes Ever Found On The PlanetPost Fun Monday 27 May 2019 12:08 pm Read more: Pension superfunds need help to avoid early retirementUsing data from the Office for National Statistics (ONS), the organisation found that nearly 498,000 people over 70 are working today, up from 212,000, or one in 22, a decade ago.“With far fewer ‘gold-plated’ pensions around and ever increasing life expectancy, many are actively looking to top up their pension savings while they still can,” said Rest Less founder Stuart Lewis.He also pointed towards the health benefits of staying active in old age as a driving force behind the growth.The trend is particularly affecting men, with those over 70 in full-time employment having trebled to over 113,000 since 2009, the figures showed. However the number of women working full time in their 70s grew even faster from 9,500 to 32,000 over the same period. Tags: Trading Archive whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Share August Graham last_img read more

Could there be a UK general election in 2019?

first_imgBrexit party 11 per cent Could there be a UK general election in 2019? Green party 1 seat Leader Jeremy Corbyn has said the party would only agree to a general election if Johnson commits to passing legislation that makes a no-deal Brexit illegal. Given that the Prime Minister has prorogued parliament until 14 October, that means a new set of politicians could take their seats after the Commons’ five-week suspension. Yougov From his perspective, he faces little alternative: the former London mayor has pledged to pull the UK out of the EU in a “do or die” Brexit come Halloween, whether or not a deal is agreed. Johnson has hit back by threatening to bring forward a UK general election into this year. That will reduce the Tory ranks even further.  Brexit party 1 seat While the polls and predictions differ, Labour doesn’t come close to challenging the Conservatives in any predictions for a UK general election. A Yougov poll for the Times conducted over the last two days found the Conservatives hold a commanding lead over their rivals. It also found that the SNP would get a boost from anti-Brexit Scottish voters, adding 17 seats to bring them to a strong total of 52 seats in parliament. SNP 33 seats Liberal Democrats 16 per cent Frustratingly for Johnson, he cannot simply force a general election. Unusually, a survey of 10,000 adults for Conservative Group for Europe predicted a snap general election could deliver a hung parliament, where no party has a majority. Read more: Sterling beats $1.22 after MPs rip up Boris Johnson’s Brexit strategy Boris Johnson suffered his first parliamentary defeat as Prime Minister last night as 21 of his own Conservative MPs rebelled against him on a crucial bill – could he now call a UK general election? Share That leaves around two weeks until the 31 October Brexit deadline. A decisive victory would make it easier for Johnson to pass laws and secure the Brexit he wants. His task is made more difficult by Labour, a party most polls do not favour in a general election. The next UK general election is not due until 5 May 2022, which would mark five years since the last general election back in 2017. Check the poll. Johnson may feel he simply cannot wait that long. The defection of Conservative MP Phillip Lee to the Liberal Democrats last night wiped out the Prime Minister’s paper-thin parliamentary majority of one. The PM lost a vote by 328 votes to 301 that means the Commons will today decide whether or not to force him to seek an extension to the Brexit deadline of 31 October. All images credited to Getty Conservatives 311 seats That almost certainly will not happen, given Johnson’s stance on quitting the bloc. Joe Curtis LONDON, UNITED KINGDOM – JUNE 23: Julian Fellowes heads towards a polling station to vote in the EU referendum at Royal Hospital Chelsea on June 23, 2016 in London, United Kingdom. The United Kingdom has gone to the polls to decide whether or not the country wishes to remain within the European Union. After a hard fought campaign from both REMAIN and LEAVE the vote is too close to call. A result on the referendum is expected on Friday morning. (Photo by Dan Kitwood/Getty Images) Plaid Cymru 4 seats Conservatives 339 seats whatsapp Prime Minister Boris Johnson is keen to call a UK general election in 2019 Who would win a UK general election? whatsapp Sporting Index However, Labour have said they will only back a new election if the Benn-Burt bill passes. The bill, due to be voted on today, would stop the government from pushing the date of an election back until November. Bookmaker Sporting Index has forecast a damaging election result for Labour under Corbyn, predicting the party will shed 46 seats to the Tories and Lib Dems.center_img Check the poll. Liberal Democrats 21 seats Labour 216 seats Polls could open in October 2019, just weeks before the Halloween Brexit deadline (Getty) He has committed himself to sacking all of the rebels, including Winston Churchill’s grandson, Sir Nicholas Soames. When would an election happen? Check the poll. Oddschecker Oddschecker puts the Tories’ chance of winning a majority at 75 per cent, or ⅓. But the Tories stand to gain a majority of 339 seats. Let’s have a look at some of them: Meanwhile, a UK general election victory for the Conservatives could swell the number of seats the party controls in parliament. Despite Johnson’s parliamentary defeat and decision to suspend the Commons, various polls suggest he holds the majority of the public’s support. The Lib Dems could gain 27 seats to bring their total to 39, the bookies added. How could Boris call a UK general election? The Prime Minister has said he doesn’t want a general election, but that hasn’t stopped him from pushing for one in parliament today. SNP 52 seats Labour 25 per cent Boris Johnson has proposed to hold a UK general election on 15 October 2019. Labour 242 seats Instead, under the 2010 Fixed-Term Parliaments Act a snap election requires the support of at least two-thirds of MPs. That means the magic number Boris must target is 434. Conservative Group for Europe Conservatives 35 per cent Why would Boris Johnson call a UK general election in 2019? But there is a risk that the government could move the date of a general election until after Brexit. Meanwhile Labour only have a 20 per cent chance of beating the Tories to deliver a majority. Read more: The 21 Tory MPs Boris sacked after Brexit blow Wednesday 4 September 2019 2:16 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factoryzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comMisterStoryWoman files for divorce after seeing this photoMisterStoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamabonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost Fun Green Party 1 seat Approaching the EU to ask for a three-month extension to prolong talks over a Brexit deal would force Johnson to break this promise. Read more: Rebel, rebel: Boris faces day two of Brexit defiance Meanwhile a total 21 Tory MP rebels voted against the government to seal Johnson’s defeat.  More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com That would mean the UK could fall out of the EU without a deal altogether. Liberal Democrats 39 seats Could Jeremy Corbyn win a UK general election in 2019? (Getty) Tags: Brexitlast_img read more

One in three UK businesses has no Brexit plan in place

first_imgMain image credit: Getty One in three UK businesses has no Brexit plan in place as Halloween deadline looms Read more: Senior official for Brexit planning and head of the Border Delivery Group set to quit whatsapp Almost half of businesses that have put plans in place expect to reduce costs, with a third expecting to reduce headcount and raise prices. Monday 30 September 2019 12:01 am James Warrington Share “For businesses with little or no experience of trading internationally, expanding into overseas markets can understandably be a daunting process, so it’s encouraging to see more and more businesses are looking to seize exciting trade opportunities with non-EU countries like the US and China,” Carroll added. The US, China and Australia topped the list of the most-desired trade deals and were considered the regions with the most growth potential over the next year. Read more: Bank of England could cut interest rates if Brexit uncertainty persists, says MPC member A senior minister yesterday suggested the UK may use EU law in order to deliver Brexit by Halloween. whatsapp As reported in this newspaper, this “legal wheeze” has support among senior Downing Street aides. “Brexit could have implications for companies of all sizes, regardless of whether they currently trade internationally, so it’s crucial that every business considers what it may mean for them.” With just weeks to go until the UK is due to leave the EU, 35 per cent of companies said they have no Brexit strategy, rising to 54 per cent among firms that operate solely in the UK. Nearly a quarter are considering moving some business functions overseas, while one in ten are considering relocating their business entirely. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com “It’s concerning that with just weeks to go, so many businesses still have no Brexit plans in place, even though two thirds of businesses say it is already impacting them,” said John Carroll, head of international and transactional banking at Santander UK. The barometer revealed UK business confidence has fallen to the lowest level since the research started three years ago, with faltering confidence largely blamed on Brexit uncertainty. Confirming revelations in City A.M., foreign secretary Dominic Raab told the Mail on Sunday that EU law supersedes UK law and so in theory the 31 October departure date, enshrined in European law, would be unaffected by UK legislation demanding the government delay Brexit. Just 22 per cent on businesses said they were very confident of growth over the next three years, while 19 per cent said they were pessimistic or very pessimistic. However, the research showed almost 40 per cent are already looking to increase trade with non-EU countries as part of their plans for growth after Brexit. The figures, published in the bank’s latest trade barometer, highlight the amount of preparation still needed ahead of the Halloween Brexit deadline. Tags: Brexit It came as a new poll from Santander revealed more than a third of British businesses still have no plans in place for Brexit.last_img read more