Author: LoveWorld UK

As newspapers rolled off the printing press plant in the early hours of Tuesday, Britain was no nearer to resolving the chaos surrounding its departure from the European Union. After a tumultuous week in which May’s divorce strategy was rejected by lawmakers for a third time, despite her offer to quit if it passed, the future direction of Brexit remains mired in confusion. In a bid to break the impasse, MPs on Monday, voted on four last-minute alternative Brexit options  Options for a Customs Union and were defeated. The option that came closest to getting a majority was a proposal…

MPs are demanding the competition watchdog break up the ‘big four’ accountancy firms to improve confidence in top company audits following the failures of Carillion and BHS. A report by the Business, Energy and Industrial Strategy (BEIS) Committee argues for the “full structural break-up” of KPMG, Deloitte, PwC, and EY into audit and separate consultancy businesses. The MPs said such a move would be more effective in tackling conflicts of interest and providing the “professional scepticism” needed to deliver high-quality audits. The Competition and Markets Authority (CMA) is to shortly deliver its final report on the issue. Its initial proposals…

Migrants jumped border fences from the Mexican cities of Tijuana and Ciudad Juarez, to turn themselves in to U.S. border patrol officials, hopeful that the move may hasten their applications for asylum. The U.S. government says it is struggling to deal with a surge of asylum seekers from countries in Central America who travel through Mexico. On Saturday, the US cut aid to El Salvador, Guatemala, and Honduras in response – a move Democrats warned would only worsen the situation. Under former President Barack Obama a system dubbed “metering” began, which limits how many can ask for asylum each day…

Outside, pro- and anti-EU protesters with flags and placards took up well-worn positions on nearby pavements and squares, their rivalry and modest numbers reflecting how Brexit has both divided and exhausted the nation. Some politicians complained that the atmosphere outside parliament had become ugly and intimidating. But on Thursday at least, protesters were subdued and few.   Today could be different.  This is really the last day and the last hour for the PMs Withdrawal Deal.   It could be Britain’s finest hour or one of its Worst.

Supporters and opponents of Brexit campaigned outside the British parliament, as Prime Minister Theresa May set out plans for a watered-down vote on her EU divorce deal to be held on Friday.  The day we were supposed to leave the EU. It’s not a full version of the Withdrawal Deal, just Part One – the legally binding part.  So even if Part One is passed, we will have to go through it all again next week, for Part Two – The Political Declaration.. However, the Deal does not look like passing as there are 20 Conservatives that have publicly refused…

Travel firm Thomas Cook is closing 21 stores across the country and cutting more than 300 jobs. It said 102 customer-facing roles would be axed as a result of the store closures, while a further 218 jobs would also go “following a review of the retail workforce”. It said holidaymakers continued to switch bookings from stores to online. In September, Thomas Cook said profits would be hit after the summer heatwave saw many take their holidays in the UK. The shop closures will take the number of Thomas Cook stores down to 566.

Facebook Inc said it has resolved a glitch that exposed passwords of millions of users stored in readable format within its internal systems to its employees. The passwords were accessible to as many as 20,000 Facebook employees and dated back as early as 2012, cyber security blog KrebsOnSecurity, which first reported the issue, said in its report. KrebsOnSecurity, citing a senior Facebook employee, said an internal investigation by the company so far indicates that between 200 million and 600 million Facebook users may have had their account passwords stored in plain text.

Struggling department store chain Debenhams says it is seeking a cash injection of up to £200m from existing lenders as it tries to fend off Sports Direct Mike Ashley. The move would allow it to turn down Mr Ashley’s offer of a £150m loan as part of a deal that would put him in charge. Lenders have until Thursday next week to approve the cash call, which the firm says will allow it to restructure. Debenhams said the move would “provide liquidity headroom” and “deliver stability” for customers and staff. The firm – which issued three profit warnings last year…

All trains to and from London’s Waterloo were cancelled this morning causing major disruption for commuters. The disruption was caused by over-running engineering work. All lines have now reopened, but due to a backlog in services normal timetables are not expected to resume until at least later on today. South West Rail apologised to travellers for the disruption. “Services are being delayed due to over-running engineering work, sorry for the inconvenience this causes you this morning.”

EU leaders have granted Theresa May’s request to delay Brexit, giving the UK a two-tier extension. After crunch talks at a summit in Brussels that ran late into the night, the premiers formally announced 29 March 2019 should be scrapped as the date Britain will leave the EU. They softened the immediate threat of a no-deal divorce by offering a delay until 22 May if MPs pass the prime minister’s Brexit deal by the end of next week.