Rio Tinto appoints a new legal chief after Guinea payments probe sacking

whatsapp More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.orgPuffer fish snaps a selfie with lucky divernypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com whatsapp Rio Tinto has appointed Philip Richards as group chief of legal to replace Debra Valentine, who was removed in November due to a payments probe related to mining rights in Guinea.The company sacked Valentine and former chief executive of energy and minerals Alan Davis for having “failed to maintain the standards expected of them” under Rio Tinto’s global code of conduct, after it opened an investigation into a $10.5m (£8.6m) payment to a consultant advising on the group’s huge Simandou iron ore project in Guinea. Courtney Goldsmith He also has experience acting for a broad range of global companies including Barclays, Tesco, Prudential, LSEG, Liberty Global and Swiss Re.Read more: Rio Tinto has made a number of major appointments to its board Rio Tinto appoints a new legal chief after Guinea payments probe sacking Share Friday 3 March 2017 10:09 am Shares in the mining giant have edged down 1.86 per cent at 3,292p in morning trading.Read more: Rio Tinto might walk away from the world’s second biggest copper mineRichards, who has been acting in the role since December, will now have responsibility for all group legal services and will join the Rio Tinto executive committee.Chief executive Jean-Sebastien Jacques said: “Philip has demonstrated in his time with us that his significant, almost 40-year experience in legal affairs will be a real asset for our company. He has quickly embraced the strong Rio Tinto culture and I am very pleased to have him join our team.”Richards came to Rio Tinto on secondment from Freshfields Bruckhaus Deringer in Italy where he worked as a senior partner specialising in corporate law. read more

A barrel of laughs at the Beer & Cider Marketing Awards

first_img The event wasn’t to award the best-tasting brews or the most successful company, but to recognise the art, creativity, and innovation that goes into advertising alcohol.This is a bigger challenge than you may think. There are almost 2,500 brewers in the country, while shops and bars are importing beers from the rest of the world.Read more: Brewdog takes on the big dogs – will its advertising cut through?Meanwhile, smaller brands are increasingly able to compete with corporate giants thanks to the internet boosting their chances of being discovered by drinkers.Competition and choice are good for consumers, obviously, but combine this with the fact that more pubs are closing each year (since 2000, the number of pubs in the UK has dropped by 17 per cent, according to the British Beer & Pub Association) and you have a situation where the supply of booze is growing, but there are fewer places you can sell it. whatsapp Monday 24 September 2018 11:36 am It’s now harder than ever to get your beer into someone’s hand, so good marketing isn’t just handy, but essential for survival. whatsapp Luke GrahamLuke is a former City AM features writer, now features editor for Tyto PR A barrel of laughs at the Beer & Cider Marketing Awards Share Which brings us back to the awards. Representatives from across the country, from big established names to craft beer makers and microbreweries, gathered under one roof to celebrate the industry and enjoy the free beer – I didn’t see any champagne or prosecco all night.The big winner was St Austell Brewery, a Cornish brand founded in 1851 and the maker of Tribute Ale, which walked away with awards for best integrated campaign, best beer marketing of the year, and the grand prix.But the night highlighted other key trends in the market. Tags: Trading Archive   Last Thursday night, the fourth annual Beer & Cider Marketing Awards took place, appropriately, in the Old Truman Brewery in Shoreditch – the hip part of London. First, the popularity of low or no alcoholic brews is growing, as more and more people look to moderate their drinking while still enjoying a good beer.Small Beer Brewery, which makes beers of between 0.5 and 2.8 per cent proof, picked up a gong for best new launch, while Big Drop Brewing, which produces beers of less than 0.5 per cent proof, got the award for best targeting of alternative markets. Club Soda, a company which promotes “mindful drinking”, appeared on several award shortlists.The other was the rising number of “beer sommeliers” – experts in critiquing booze and recommending food pairings. Half the people I spoke to had the qualification, or were planning to take a course to become “cider pommeliers”.But the main thing the event showcased was the excitement within the industry, and the willingness to innovate as the market changes.It’s a good time right now to be a fan of beer.Read more: Cobra’s Lord Karan Bilimoria talks curry and craft beer last_img read more

Fairytale economics will not enchant markets

first_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com It is not inconceivable, however, that these fairytale economics will actually work – at least in some extent. But their impact on markets will not be unequivocally positive.For one, economic research suggests that tax revenues don’t always respond as expected when headline tax rates are adjusted.With tax policy, the devil is in the detail, which often accounts for some of that deviation.Lower tax rates also often shift activity from the cash or informal economy (where business activities are not monitored by regulators) to the regular economy, lessening the incentive for individuals or companies to find ways of sheltering tax. This matters in today’s digital economy, where much of what we do is harder to invoice in the conventional way Paras Anand If taxation changes merely shift how activity is conducted, without significantly affecting how much of it takes place, the Laffer Curve becomes less responsive (the Laffer Curve predicts that tax revenues won’t keep up when tax rates rise as the more of an activity is taxed, the less attractive it is to generate it).This means that tax cuts may not cost government balance sheets as much as feared, and tax increases may not benefit them as much as hoped.Second, how markets assess government borrowing, and how comfortable governments therefore are with that borrowing, depends on the outlook for inflation and growth. Share The west’s new economic strategy is politically irresistible Meanwhile the UK’s perennially cautious chancellor of the exchequer Philip Hammond laid out a budget that moves the government’s economic strategy from austerity to investment, as flagged earlier by Theresa May.And in Europe, the Italians’ rule-breaking budget plans are making waves around Brussels and throughout the bond markets.Inevitably, politicians and economic commentators are deriding this combination of tax cuts and higher public spending as fairytale economics.Yet country by country, a version of this strategy is setting the direction of travel.Even a reversal of political fortunes wouldn’t necessarily change that outlook. In the US and the UK, for instance, the opposition disagrees on the strategy for tax revenues but their spending plans would, if anything, be greater. Wednesday 14 November 2018 5:02 pm In a remarkable break with the economic prudence of the past decade, policymakers in the west are taking their feet off the spending brakes.During the recent midterm elections in the US, President Trump hailed the continuing stream of positive economic data and Democrats’ warnings about the cost of tax cuts failed to cut through. Fairytale economics will not enchant markets In an environment of higher inflation, returns on sovereign bonds will suffer as monetary policy is tightened and governments issue a steady supply of new debt.Economic expansion may well provide less of a boost to operating leverage among companies than would normally be the case, because corporate margins are already elevated, and higher inflation will be eating into them.And finally, a shift in emphasis from private to public spending may weigh on overall economic returns.The fairytale economic strategy will undoubtedly improve aggregate demand, but it is possible that the private sector’s investment spending remains constrained as companies adjust to higher levels of cost inflation than they have been used to in recent years.Private sector investment tends to target a specific return; government spending generally doesn’t. So it is only rational to expect growth multiples to ease when government expenditure takes a larger share in the overall economic mix. center_img Tax cuts may not cost government balance sheets as much as feared, and tax increases may not benefit them as much as hoped Markets will worry less about short-term deficit expansion if inflation normalises at levels close to or above central bank target levels. In such circumstances, the ratio of debt to GDP need not increase, or could even fall.Third, the west’s new economic strategy is politically irresistible, given that fiscal spending constraints have hit public sector employees and those backed by government.But here’s the crux for investors: even if the fairytale economic scenario turns out to be less fanciful and more successful than its critics are suggesting, this will not be to the overall benefit of asset prices. Airline bosses have pushed the UK government to expand the travel green list to include the USA whatsapp 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. That matters in today’s digital economy, where much of what we do is harder to invoice in the conventional way. whatsapp Opinion Tags: Digital economy People Philip Hammond Theresa Maylast_img read more

Productivity lessons from the procrastinator Prime Minister

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.cominvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.com Opinion Can we assume, given that you’re reading this section of the paper, that you are currently delaying doing something you really ought to be focusing on?I don’t mean to lecture you. I myself currently have an Oliver Spencer tab or two open on my browser. I spent most of last Wednesday Googling the viability of owning a pig in London. I’m putting off getting a real job by being a journalist. 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. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org We all procrastinate; our minds wander for the sake of sanity and clarity. Man wouldn’t have reached the moon if he hadn’t started playing with matches and petrol, while Isaac Newton would never have discovered gravity if he hadn’t been dossing around under an apple tree.But that’s “good” procrastination, the inspirational kind. For some time now, the government has been engaged in inactivity and dithering that has led the UK no closer to a Brexit deal, and battered the value of the pound.Procrastinate long enough, and people begin to notice, in Westminster as in the City. Be it backbenchers or line managers, you don’t want them peering over your shoulder. Before you know it, two years of talking a good game but achieving little will leave you with days to save your job, watched on by distinctly disgruntled colleagues.You will be resented, and will leave with a worse reputation than your impulsive, cavalier predecessor who the office manager still grumbles about.We are often told that successful people always have a plan: short, simple, and easy to stick to. Now, I’m not a mechanic from rural Alabama, but if I were, I would point to the lack of one, as I surveyed the wreckage of Theresa May’s premiership, reclining against a fence, and suggest “well there’s yer problem right there”. Productivity lessons from the procrastinator Prime Minister Sharecenter_img I don’t mean to worry all you procrastinators out there. If you find yourself dithering over the BBC Sports page this afternoon, you aren’t alone.But consider that, just two years ago, the Prime Minister had a parliamentary majority, the support of the country, and was roundly considered the strong, stable option to guide the country through turbulent times.Procrastination has undone all that. As we near 2019, take the example of May’s two wasted years, and resolve to kick the habit of procrastination for good – for the sake of your happiness, and that of those around you.Always make sure that you set clear targets. Nothing too radical (don’t try to bring back fox hunting all at once), and stick to the task in hand, like a proposal everyone in your firm will back.Then, plan a short-term reward. Something good enough to keep you motivated. Tell yourself that if you get enough of this negotiation drafted by 12, you’ll get Yo Sushi for lunch. Don’t do something ridiculous though, like call a snap election.If that isn’t motivation enough, try picturing the downside of your inaction. Whatever it is, it has to get done – if not by you, by someone else. Perhaps someone in your firm who you hate. Or maybe the client will hire a rival company for the job. You know, the one that has been trying to nationalise your business for years.Remember, in the worst-case scenario, procrastination can lose you your job. No one else is hiring at the moment, and you aren’t cut out for the after-dinner speaking circuit. Monday 17 December 2018 10:39 am Benedict SpenceBenedict Spence is a freelance writer. He is on Twitter @BenedictSpence whatsapp Tags: Apple BBC Brexit Company Hunting People Theresa Maylast_img read more

‘We want a ladder to climb down’; MPs who voted down May’s deal are getting nervous

first_img Owen Bennett by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun whatsapp Politicians arriving for work in Parliament these days are confronted with a less than perfect view of the Palace of Westminster.The iconic Elizabeth Tower, home of Big Ben, is sheathed in scaffolding as renovation work is carried out. Workers scurry up and down ladders, being careful not to get themselves trapped in positions from which there is no obvious escape. Share whatsapp Another Tory MP who voted against the deal is equally desperate for just a small change to what is on offer. He said: “My association told me not to say too much in public so it’s easier when I have to back it, but a lot of us need something just to save some face.”A Tory MP who resigned from a position in the party in protest at the deal suggests May might not need to get changes to the withdrawal agreement itself to win over some of those who voted against her on January 15.“There does have to be a meaningful change – whether it’s an addendum or appendix – as long as it’s legally binding,” they said.Ladders in the form of addenda and appendices may win over some MPs, but there is a hardcore group of Tories who will settle for nothing less than wholesale change to the withdrawal agreement.Peter Bone, co-founder of the Brexit campaign group Grassroots Out, was clear: “If the Northern Ireland backstop isn’t replaced with alternative arrangements then it won’t go through the House.”center_img Wednesday 13 February 2019 7:29 pm It wasn’t just Conservatives who voted down the deal. Some 248 Labour MPs refused to endorse May’s plan, helping to inflict the worst defeat on any government in history.With more Labour MPs opposed to a ‘no deal’ Brexit than those on the government benches opposite, perhaps they could come to May’s rescue if the EU refuses to budge on the backstop.Gloria de Piero, who represents Ashfield in Nottinghamshire, voted Remain in the referendum but now accepts the UK has to leave the EU and there should not be another public vote.When asked by City A.M. if she would back May’s deal when it returns to Parliament if the outcome of rejecting it was ‘no deal’, she replied instantly: “No, we’re not playing that game. I want a soft Brexit. I am against May’s deal.“Parliament has the power to put down another amendment and I hope there’s a majority for a permanent customs union.” ‘We want a ladder to climb down’; MPs who voted down May’s deal are getting nervous Another Labour MP took a different view, saying if the choice was as stark as May’s deal or no deal, they would back the Prime Minister, but they were convinced it would not get to that stage.However, they too talked up the role parliament could play in stopping a ‘no deal’ outcome.The ladder they are pinning their hopes on has been built by Labour MP Yvette Cooper and Conservative Oliver Letwin.The pair want to delay the UK’s departure from the EU if a deal has not been stuck by mid-March, and while a version of the plan was defeated by the government earlier this month, it is set to be voted on again on February 27.The plan would give May until March 13 to get a Brexit deal through parliament, and if she can’t MPs will get a vote on whether to leave the EU without a deal or ask for an extension to the Article 50 negotiating period beyond March 29.One Labour MP described it as “essential”, adding: “Ultimately any delay has to be for a real and substantial purpose – not more rainbow-hunting over the backstop.”The biggest ladder of all is being offered by Jeremy Corbyn, who has promised to support May if she commits to the UK entering a permanent customs union with the EU.Agreeing to such a demand would cause unimaginable damage to her party, with many seeing the ability to strike new trade deals as one of the big wins of Brexit – and something rendered impossible by membership of a customs union.If May reached for such a ladder she would very quickly find that it turned into a snake. Some of those working inside the building face a similar challenge and are looking for ladders of their own to climb down on Brexit.When 118 Conservative MPs voted against Theresa May’s deal in January, the hope of many was that the EU would see the size of the defeat and agree to reopen talks.As things stand, Brussels is holding firm on its line that the negotiations are over and there can therefore be no changes to the hated backstop plan concerning the Irish border.That leaves those Conservatives who rebelled on 25 January with the choice of whether to vote against the plan again when it eventually comes back to Parliament, or eat a Big Ben-sized portion of humble pie – and back it.“We just want a ladder to climb down,” said one member of the pro-Brexit European Research Group of MPs, adding: “A lot of us just need her to get anything at all so we can back it.” Tags: Brexit Company Hunting Jeremy Corbyn People Theresa Maylast_img read more

Make your business spark joy using Marie Kondo’s KonMari approach to tidying up

first_imgThe easiest way to free staff from having to do these business-critical processes while still ensuring that they happen is through automation. Following the example above, implementing a self-patching and self-updating system could bring joy to staff by reducing mundane tasks, but still aligning with business objectives.Through automation, staff can pursue meaningful activities that allow innovation. That might be developing original ideas, better engaging teams, or winning new business.Folding and storingKondo argues that you should fold and store the items you’re keeping in a way that enables you to see them all at the same time. Businesses should think of the cloud as their easily visible drawer – you have simple and real-time access to data across the business.The KonMari method dictates a streamlined approach for a happy home environment, but it’s something that businesses should try to achieve as well. Now is the time for businesses to think how they can automate the processes that don’t need staff attention, in order to reap the benefits of a more joyful and engaged workforce. When Marie Kondo released “The Life-changing Magic of Tidying Up” in 2011, it soon became a bestseller.Clearly, the KonMari approach – the notion of removing anything from our homes that doesn’t bring us happiness – resonates. Kondo is now taking Netflix by storm with her TV show, encouraging more people to get purging. Whether you’ve been swept away by the Japanese tidying guru or not, it’s hard to downplay the strength of her motto: get rid of anything that doesn’t “spark joy”.So what can businesses learn from the KonMari tidying principles? Thanks to automation, firms can now “remove” processes that don’t bring staff joy. These KonMari-inspired steps can help you take the right approach to “decluttering” your workplace.Commit to the approachThe first step to the KonMari method is to commit fully. It might feel like a lengthy process, but complete dedication will make the situation better in the long run.For businesses, that means commitment from everyone. Driven by the leadership team, cultures will need to change to ensure minimal barriers to the approach.Kondo says that imagining your ideal lifestyle can drive this motivation, which is helpful for businesses. If staff understand the ideal outcomes from automation and what’s expected of them, they will support the cultural shift towards a “more joyful” business.Follow the plan Friday 15 February 2019 10:19 am whatsapp The KonMari method relies on tidying by category, not location. For businesses, this means working out what to implement, not where.All areas of the organisation should get the same level of the “tidying” approach at the same time, with the same tasks automated. Once this is decided, a clear plan needs to be determined, demonstrating how it will be rolled out step-by-step across the whole organisation.Tidying upHow to decide which tasks to automate? Kondo says that we must look at each item and decide whether it brings us joy. If it doesn’t, we discard it.In a single organisation, there are hundreds, maybe thousands, of business operations that aren’t bringing staff joy. However, just because a process isn’t fun doesn’t mean that it’s not imperative.For example, while computer security updates and patches might be time-consuming and boring for staff, they are integral to businesses which must keep data secure. And while payroll might seem mundane to the finance team, it needs to happen. Share Make your business spark joy using Marie Kondo’s KonMari approach to tidying up Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndo whatsapp John Abel Tags: Netflixlast_img read more

European Council president Donald Tusk warns UK ‘not to waste’ Halloween Brexit extension

first_img Share European Council president Donald Tusk has warned the UK “not to waste” the extra time to find a way forward with Brexit after the EU agreed to extend Article 50 to Halloween.“Please don’t waste this time,” Tusk told a news conference following eight hours of EU leaders’ talks which culminated in a delay until 31 October. Tags: Brexit Donald Tusk People Theresa May Thursday 11 April 2019 9:15 am He added: “It would be a disaster for business confidence and investment if a similar late-night drama is played out yet again in October.”Read more: EU leaders offer May a Halloween Brexit extensionBrexit minister Kwasi Kwarteng told Sky News this morning that the extension would be long enough to get a deal over the line.He said said the chances of MPs supporting Theresa May’s Brexit deal, which has been defeated three times in the House of Commons, was “improving” and that the plan is to leave the EU before the October deadline.  Read more: Brexit uncertainty will drag down London house prices over 2019Industry groups welcomed the avoidance of a no-deal Brexit tomorrow but warned that the continuing uncertainty was hitting businesses across the UK.The pound was broadly unmoved by last night’s European Council decision to offer Britain the option to delay the Brexit deadline until the end of October, with the possibility of leaving the EU at an earlier date if a withdrawal agreement passes through parliament.British Chambers of Commerce director general Adam Marshall said: “With less than 48 hours to go, the prospect of a messy and disorderly exit on Friday has again been averted. Businesses will be relieved but their frustration with this seemingly endless political process is palpable.“For most businesses, the flextension agreed by the European Council will be preferable to deadlines that are repeatedly moved forward at the last possible moment.” European Council president Donald Tusk warns UK ‘not to waste’ Halloween Brexit extension whatsapp whatsapp Jessica Clark last_img read more

The Sky’s the limit

first_imgThursday 23 May 2019 6:10 pm The big story for Sky recently, of course, has been the takeover by Comcast. The American giant began the acquisition in the middle of last year, swallowing up Sky in stages after beating off a rival bid from 21st Century Fox, and in November it completed the deal by delisting Sky and making it a wholly-owned subsidiary. Make no mistake about it, this was a big-money deal: Comcast spent in the region of $50 billion buying Sky, which is a major investment by anyone’s standards. So I was keen to talk to Jeremy about the whole process!Remarkably, perhaps, given the gargantuan investment that Comcast has already made, Jeremy said that the future is about growth. He identified, among his priorities, generating more original content; bringing together product development pipelines; and doing more, more quickly, on a global scale. He was very upbeat about the future of the company, telling me that “the best years of this business are ahead of it”, and emphasised that it was the reason why he’d chosen to stay on as CEO rather than look for a new challenge. It was refreshing to see such a senior executive retain his enthusiasm after a dozen years in such a big job.As an avid TV watcher, I also wanted to discuss the enormous growth in pay-per-view TV. I binge-watch a lot of stuff on Netflix when I get the chance, as do lots of people, and I think the expansion of that sector has been really interesting to observe, because of what it says about the state of the market and the consumer appetite out there. Jeremy explained that, unusually for such a big sector, the pay-per-view market in Europe was really under-penetrated, meaning that providers had lots of “headroom” to expand. Sky has launched NowTV, its own Netflix rival, and it’ll be fascinating to watch how it fares against the established players. It’s a relatively young market, and, as Jeremy noted, there’s a degree of under-penetration, but it’s as cutthroat as any – and Sky will need to have the sharpest of sharp elbows to make themselves a space.Another aspect of this that intrigues me is how the different providers in the marketplace are going to work together. Some kind of cooperation is essential, because consumers simply won’t accept silos any more; so on my Sky Q box, I can get Netflix, I can get YouTube, I can get Spotify. In an ideal world, I wouldn’t even notice what device was presenting me with the content, and it would be seamless. But it’s not that easy. I put it to Jeremy that Sky had two potential “frenemies”, Apple and Disney. The former leads the way in devices, of course: iPhones, iPads, Apple watches, MacBooks. And with Apple TV, they own the platform that you using to watch their content. And Disney, well, Disney are sui generis; they have the history and the heft to please themselves, to a large extent. Jeremy’s reply was nuanced. There would be times, he said, when Sky worked with other producers, and times when the competed against them. Essentially, it’s going to be a mixed economy, because that’s the way it has to be.All in all, there’s a lot in Jeremy’s in-tray. We could have talked for hours. And this is all stuff which has a direct and intelligible impact on consumers. They’ll see the difference it all makes. I’ll watch with fascination, but, as always, my core belief is that the industry will eventually deliver what the consumer wants. Those who don’t will soon be out of the game. whatsapp The Sky’s the limit Tags: Company Sky whatsapp I’ve always been fascinated by the media. That’s just as well I suppose, as I run a reputation management firm. But I am constantly intrigued by its influence, its reach, the way it works – and always, always the stories going on behind the scenes. So it was a genuine pleasure to welcome Jeremy Darroch, the CEO of Sky, to my podcast, Media Masters, this week (listen here).Jeremy’s an interesting guy, because he doesn’t come from a broadcasting background. He trained in economics, and for many years worked in finance for Procter & Gamble. It was that skill set that first took him to Sky; first as chief financial officer, then in 2007 as CEO, which is already extraordinary longevity in an industry that can all too often eat its own young. Opinion 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. Share Paul BlanchardPaul Blanchard is founder of global reputation management practice Right Angles, host of the Media Masters podcast and author of Fast PR More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKansas coach fired for using N-word toward Black playerthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comColin Kaepernick to publish book on abolishing the policethegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comlast_img read more

US President Trump greets Queen at Buckingham Palace in UK state visit

first_img whatsapp whatsapp Donald Trump met the Queen for the second time as President this morning as he began a three-day UK state visit to the UK to coincide with the 75th anniversary of D-Day. Trump’s first state visit to Britain will see him meet with an array of politicians and royalty and began at Buckingham Palace, where he was welcomed with a Guard of Honour and a tour of the palace’s famous Picture Gallery. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comColin Kaepernick to publish book on abolishing the policethegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Read more: Donald Trump’s UK state visit: What will happen as Trump visits London?It is Queen Elizabeth II’s 113th state visit. Donald Trump is in London for a three-day visit this week (Source: Getty)Trump was met by the Guards band at Buckingham Palace earlier today, joined by his wife Melania. He becomes only the third US President of 13 to meet the Queen and be granted a state visit.  Queen Elizabeth will speak during the banquet, with Trump expected to take the microphone for a short speech. Trump joined Prince Charles to inspect the troops (Source: Getty) Protesters gathered in London to voice their disapproval of the President’s policies and behaviour (Source: Getty)The meal normally includes a fish course, a meat course, a pudding and fruit.Trump is also set to meet FTSE 100 bosses tomorrow morning in a breakfast meeting with Prime Minister Theresa May.The President began his visit mired in controversy as he tweeted that Mayor of London Sadiq Khan is a “stone cold loser”.Read more: ‘Stone cold loser’: Trump slams mayor Sadiq Khan during state visitHe also insulted Khan’s height and claimed the mayor has “done a terrible job” of governing the capital.Khan responded that the comments were “much more serious than childish insults”. US President Trump greets Queen at Buckingham Palace in UK state visit Share August Graham However, Trump’s arrival was not without controversy. Protesters are hoping for a repeat of his July 2018 visit to the UK, when thousands took to the street to voice their anger with the President’s policies and actions.Trump broke protocol on that trip by not bowing to the Queen and later walking in front of her as they inspected the Guard.Today Prince Charles took over inspecting duties from his mother.  Monday 3 June 2019 3:00 pm Marine One, the President’s helicopter, took Trump to Buckingham Palace (Source: Getty)Trump is not the first US President to break with protocol, however. Tags: Donald Trump People The Queen will put on a four-course meal with more than 2,000 pieces of silver-gilt cutlery today (Source: Getty)Trump will take a light lunch with the Queen and Prince Charles this afternoon before a state banquet later in the evening. Read more: Boris Johnson launches Tory leadership bid as Donald Trump lands in the UK by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast 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 OracleZen 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 Trump was greeted by a cannon salute at Buckingham Palace earlier today (Source: Getty) In 2011 Barack Obama spoke over God Save the Queen during a banquet and raised his glass at the wrong time during a toast.last_img read more

Boris in Berlin: PM seeks to woo Merkel after Tusk turns down backstop plea

first_imgMain image: Getty whatsapp The UK Prime Minister will have meet his German counterpart this afternoon, followed by dinner, before travelling to Paris for talks with French President Emmanuel Macron on Thursday. Tags: Brexit Boris in Berlin: PM seeks to woo Merkel after Tusk turns down backstop plea Boris Johnson is travelling to Berlin today for his first bilateral meeting with German Chancellor Angela Merkel since taking office, in the hope of breaking the Brexit impasse. In an internal memo sent to EU27 member states and seen by City A.M., Johnson’s letter was roundly dismissed, arguing it made “misleading” claims. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia 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 FactoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamazenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.combonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman files for divorce after seeing this photoMisterStory Share Merkel yesterday told journalists she would consider “practical” solutions, however. Catherine Neilan Britain’s Prime Minister Boris Johnson (C) speaks flanked by Britain’s Metropolitan Police Service (MPS) Commissioner Cressida Dick (L) and Youth Justice Board Adviser Roy Sefa-Attakora (R) during a roundtable on the criminal justice system at 10 Downing Street in London on August 12, 2019. (Photo by Daniel LEAL-OLIVAS / POOL / AFP) (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images) The trip comes ahead of the G7 summit in Biarritz, which starts on Saturday. Ahead of today’s journey, Johnson told reporters he was considering solutions including trusted trader schemes and the use of technology – options discarded by the previous Prime Minister Theresa May. While no major breakthrough is expected, it is hoped that the two meetings will offer an opportunity to grapple with Brexit ahead of the multi-lateral weekend talks, where the UK’s departure from the EU will be just one of several topics under discussion. The Polish politician tweeted yesterday that anyone not proposing “realistic alternatives in fact support reestablishing a border. Even if they do not admit it”. Johnson pre-empted the trip with an open letter to European Council President Donald Tusk and the EU27 member states, in which he urged for a rethink on the Irish backstop. The Prime Minister called for the matter to be pushed into the second stage of talks – regarding the future relationship – on the promise that “alternative arrangements” could be agreed without having to resort to the “anti-democratic” backstop. whatsapp Wednesday 21 August 2019 9:41 am However his plea was met with short shrift from Tusk and the wider Brussels machinery. last_img read more