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Day: 17 December 2020

Brexit talks

Johnson: EU must ‘change position substantially’

Boris Johnson
Boris Johnson says EU is being ‘unreasonable’ (pic: Downing St) Boris Johnson was again playing hard ball on the Brexit negotiations tonight, warning that there would be no deal unlessRead More

Big four hit

PwC partners take 10% earnings cut as profits fall

Claire Reid PwC
Claire Reid: ‘started the year well’ Partners at big four accountant PwC saw a cut in their earnings as the firm’s profits for the year to the end of JuneRead More

Banking

Ex-RBS executive to chair Sainsbury’s Bank

Sainsbury's Bank hq
Sainsbury’s Bank is based at the Gyle Sainsbury’s has appointed former RBS executive Lesley Jones as chairman of its Edinburgh-based bank division, succeeding Roger Davis who announced his resignation inRead More

Budget date set

Sunak extends furlough lifeline until April

Rishi Sunak leaves Number 11
Rishi Sunak: generous The furlough scheme has been extended until the end of April next year with the Government continuing to contribute 80% towards wages. Rishi Sunak, the Chancellor, saidRead More

Aviation shrinks

Seychelles and San Jose among routes axed by BA

British Airways pic
BA sees no return to pre-pandemic levels for three years British Airways is cancelling flights to more than a dozen long-haul destinations next year as the global aviation industry continuesRead More

Interest rate held

Bank ‘ready to intervene’ if Brexit talks fail

Bank of England
Bank of England: monitoring risks (pic: Terry Murden) The Bank of England’s monetary policy committee voted unanimously to leave the interest rate unchanged at 0.1%, but said it stood readyRead More

Foundation fortune

Hunter sees huge gain from Hut Group ‘lesson’

Tom Hunter at Scottish Edge
Sir Tom Hunter: ‘transferring value’ Scottish entrepreneur and philanthropist Sir Tom Hunter has spoken about how an early investment in Hut Group has yielded a huge return that will eventuallyRead More

Technology

Atkinson takes chair at xDesign ahead of expansion

Paul Atkinson
Paul Atkinson: impressed (pic: Terry Murden) Paul Atkinson has joined xDesign as chairman as the digital transformation and software development firm reports record revenue of £4 million in the year to theRead More

Daily Business Live

TalkTalk takeover; Cairn special dividend; Wetherspoon

TalkTalk
REFRESH PAGE FOR UPDATES 4.30pm: Gove caution derails FTSE Cautious comments on the prospect of a Brexit deal from Cabinet Secretary Michael Gove saw the FTSE 100 close the dayRead More

Talks on levies

US trade chief hints at easing Scotch whisky tariff

Macallan single malt whisky
Scotch is among the products hit by tariffs Hopes are rising that the US will ease punitive tariffs on imported products such as Scotch whisky. US trade representative Robert LighthizerRead More