5 Things You Need To Know, Today, on Thursday 12th September 2019
Justin Waite
5 Things You Need To Know
05:22, 12th September 2019

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5 Things You Need To Know, Today, on Thursday 12th September 2019

5. The company that owns Hong Kong's main stock exchange has made a £32bn bid to buy its rival in London.

Shares in the London Stock Exchange Group jumped by more than 15% on news of the offer, but fell back later.

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4. Mike Ashley has defended Sports Direct's strategy and said he still has faith in High Street retail.

"It's going to be a lot smaller pond, but the fish are going to be enormous. I want to be one of those enormous fish," he told the BBC.

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3. Women have been hardest hit by the wave of job losses that has swept the retail industry since 2011, a study has found.

Of the 108,000 retail jobs lost to automation and ecommerce, 70% were among female employees.

(Click here to read more)  

 

2. Donald Trump will delay a planned tariff hike on $250bn (£202.8bn) of Chinese goods as a "gesture of good will".

In a tweet, Mr Trump said the 5% increase to duties scheduled for 1 October will be postponed for two weeks as requested by China, and also follows a move by Beijing to scrap some US tariffs.

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1. Labour has said it is "more important than ever" that Parliament is recalled after the government published its no-deal Brexit assessment.

Shadow Brexit secretary Sir Keir Starmer said the Yellowhammer document confirms there are "severe risks" if the UK leaves the EU without a deal.

(Click here to read more)

 

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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