Newcastle & area stories mentioning Brexit, 2019-02-07–2019-02-09

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Nissan X-Trail blow: Greg Clark responds to claims carmakers were 'bribed' to keep factories open in UK

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Click to play Tap to play The video will start in 8 Cancel Play now Get the biggest daily stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email Business Secretary Greg Clark has denied “desperately having to throw money” at worried carmakers because of Brexit. But he admitted that he couldn’t promise automotive firms that the UK would sign a Brexit withdrawal deal allowing British-based manufacturers to trade freely with the EU. It comes after Mr Clark confirmed the Government had offered Japanese carmaker Nissan £61 million on the condition that it built its X-Trail model at a plant in ...

Labour MP Sharon Hodgson urges Theresa May to block no-deal Brexit after shock Nissan announcement

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Click to play Tap to play The video will start in 8 Cancel Play now Get the biggest daily stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email Labour MP Sharon Hodgson has written to the Prime Minister demanding answers over Nissan and Brexit. Her intervention comes after the Japanese manufacturing giants announced it will no longer be building the new X-Trail model on Wearside . The Washington and Sunderland West MP said urgent questions surrounding Brexit need to be addressed in order to protect jobs in her constituency and the wider North East. Mrs May's Government has come under fir...

Business Breakfast LIVE: Thomas Cook mulls sale of airline business amid fears for firm's future

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Coreena Ford Workplace pressures causing mental health issues for business leaders Half of company directors have suffered poor mental health partly linked to a lack of work-life balance, a new study suggests. Workplace pressure is contributing to mental health issues among business leaders, said the Institute of Directors (IoD). Its survey of 500 directors and managers also indicated that although most had been approached by staff about mental health problems, half said wellbeing was not actively promoted in their organisation. Edwin Morgan, interim director general of the IoD, said: For entrepreneurs and senior directors, life often revolves around work, and when a problem arises on the jo...

County Durham's Kromek to tap up investors for £21m to fuel further expansion

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County Durham's Kromek to tap up investors for £21m to fuel further expansion The firm proposes to raise the multimillion-pound sum through a share placing Share Arnab Basu, chief executive of Kromek Get the biggest business stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email Growing North East tech firm Kromek hopes to tap up investors for £21m to fuel further expansion at the business. The radiation detection firm, based in Sedgefield, County Durham , is involved in the medical, defence and security screening and has secured deals worth $138m in the last three years, with further gro...

Brexit scam warning as fraudsters target EU citizens in Newcastle wanting to settle in UK

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News Brexit scam warning as fraudsters target EU citizens in Newcastle wanting to settle in UK There have been reports in Newcastle of citizens of other European countries being asked for money in return for help in applying for settled status in the UK Share Click to play Tap to play The video will start in 8 Cancel Play now Get the biggest daily stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email People are being warned about scammers targeting EU citizens and demanding hundreds of pounds from them to apply for settled status as the UK prepares for Brexit. There have been reports in ...

Labour MPs split as Jeremy Corbyn sets terms for bailing out Theresa May's Brexit deal

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News Labour MPs split as Jeremy Corbyn sets terms for bailing out Theresa May's Brexit deal Labour leader Jeremy Corbyn has told Theresa May he could back her Brexit deal - if he agrees to five demands Share Click to play Tap to play The video will start in 8 Cancel Play now Get the biggest daily stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email Jeremy Corbyn’s offer to back a Brexit deal if the Prime Minister agrees to his demands has been criticised by some Labour MPs . Sedgefield Labour MP Phil Wilson said: “No form of Brexit” can meet the promises made by leave campaigners in the...

Bellway reports strong results but notes Brexit concerns

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Bellway reports strong results but notes Brexit concerns Cancellations rise for Newcastle-based housebuilder as uncertainty creeps into the housing market Share Get the biggest business stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email Housebuilder Bellway has said Brexit uncertainty has “inevitably” taken its toll on consumer confidence, but it still expects to see half-year revenues rise by more than 12%. The Newcastle-based group said the impact on consumer sentiment was behind a rise in its buyer cancellation rate, at 13% in the six months to January 31, up from 11% a year earlie...

'I'm sat next to someone who likes coffee Revels': the horrors of the open-plan office

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Boy about to eat large bar of chocolate Get the biggest business stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email These are troubled and times on the Journal business desk, after one of our team members declared that coffee Revels were the best chocolate in the pack. You can probably imagine our horror: I’ve been sat next to him for two years and didn’t have a clue. I hired the guy so have to take some of the blame, I suppose, but I’m pretty sure it wasn’t on his CV. He had references, for the love of God! It’s difficult to understand how things have come to this. Revels themselves ...

Former PM Sir John Major calls for urgent action to save North East from 'self harm' of Brexit

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Former PM Sir John Major calls for urgent action to save North East from 'self harm' of Brexit Speaking in Newcastle, Sir John said a no-deal Brexit would hit the poorest in society the hardest Share Sir John Major speaking at a North East England Chamber of Commerce lunch in Newcastle (Image: publicity handout from North East England Chamber of Commerce) Get the biggest business stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email Former Prime Minister Sir John Major has called for urgent action to protect the North East economy from a no-deal Brexit , saying that it marks “the first t...

Business Breakfast LIVE: Nationwide profits tumble 20% amid tech investments

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9.04 Workers hesitant to switch jobs amid Brexit uncertainty, KPMG study suggests Workers are reluctant to change jobs because of continued uncertainty over Brexit, according to a new report. Research by the Recruitment and Employment Confederation (REC) and KPMG suggested that the hesitancy was adding to a shortage of candidates for jobs, especially amid high levels of employment across the UK. The number of permanent placements by recruitment agencies fell in recent weeks for the first time in over two years, while growth in job vacancies was down, the study indicated. Neil Carberry, chief executive of the REC, said: This is the first month since July 2016 where permanent placement numbers...

What could happen when MPs debate alternatives to Theresa May's Brexit deal

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What could happen when MPs debate alternatives to Theresa May's Brexit deal Holding a second referendum or delaying Brexit are options MPs could consider Share Prime Minister Theresa May speaks at the conclusion of the debate ahead of a vote on her Brexit deal (Image: PA) MPs are to have another chance to vote on alternatives to Theresa May’s Brexit deal when she makes a statement on Thursday. And this is likely to include a vote on whether to hold a second referendum. The Prime Minister is to deliver a statement on Wednesday, setting out progress she has made in her attempts to persuade the EU to change the proposed Brexit withdrawal agreement. It follows a Commons vote on January 29 when M...

Is a basic income for EVERYONE the answer to replacing Universal Credit? Here's how it would work

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News Is a basic income for EVERYONE the answer to replacing Universal Credit? Here's how it would work Finland has tested the concept and the money was paid with no strings attached, with those getting the payout not required to seek or accept jobs Share A Universal Credit application form (Image: Richard Williams) Get the biggest daily stories by email Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid Email It has caused controversy since it was launched, so what if Universal Credit was scrapped and EVERYONE was paid a basic income - whether they were working or not? This may sound like a crazy idea but i...