Airlines based in the UK could lose major routes if they don't move to Europe post-Brexit. EU officials say carriers including easyJet and Ryanair will need to relocate their headquarters or sell off shares if they want to continue flying within continental Europe. Regulations say airlines must have a significant base on EU territory and a majority of their capital shares must be EU-owned. Meetings have taken place between the airlines and the EU's Brexit taskforce last week. Thomas van der Wijngaart, an aviation expert at the legal firm Clyde & Co spoke to Share Radio's James Brydges.
The Scottish Parliament has suspended a debate on whether to back Nicola Sturgeon’s demand for a second independence referendum following the Westminster terror attack. The vote, when it occurs, will trigger an official demand from Ms Sturgeon to the Prime Minister for talks over a Section 30 order, the legal mechanism used to transfer the powers to Holyrood for a referendum, preferably between autumn 2018 and spring 2019.But Mrs May announced last week that she would not allow another independence vote until Brexit has been negotiated and Scots can see how it has worked out. Maurice Smith, Share Radio's Scotland correspondent joined Nigel Cassidy to discuss this and the top news stories of the day.
Cello Group, the UK based healthcare and consumer strategic marketing company has released their latest preliminary results today. Cello Group has two distinct businesses, Cello Health which delivers marketing advisory services to the global pharma and health sectors, and Cello Signal which delivers digitally-led insight and marketing services to global consumer and B2B clients. So how is the company doing? Mark Scott, CEO of Cello revealed to Nigel Cassidy.
Today, the London Taxi Company (LTC) announced the official opening of the UK's first car plant dedicated solely to the production of range-extended electric vehicles. This new, state-of-the-art, vehicle plant in Ansty, Coventry, is where the world's first purpose-built, mass-market electric taxi will be built. The investment and expansion of LTC has created more than 1,000 new jobs, including 200 engineers and 30 apprenticeships. So to tell us more, Nigel Cassidy was joined by Chris Gubbey, CEO of London Taxi Company.
Accesso Technology Group, the company that provides queuing and ticketing technology solutions to attractions around the world, from theme parks, water parks and ski resorts to cultural attractions and sporting events has released it's latest preliminary results today. Tom Burnett, Executive Chairman of Accesso Technology Group joined Nigel Cassidy to tell us more.
Since the 2014 vote, there have been sweeping changes in both the North Sea industry and to the UK's political landscape, the two most critical being the oil price plunge and last year's Brexit vote. Companies operating in the UKCS have faced a turbulent few years as they sought to survive the downturn by cutting costs to ensure cash flow. The offshore industry has been a cornerstone of the UK economy, and will play a vital role in a second referendum campaign. Nigel Cassidy was joined by Fiona Legate, senior analyst at Wood Mackenzie to discuss how, despite the oil price crash, (pre-tax) £44 billion is still attributed to fields in Scottish waters.
With the final details of the impact of Brexit on UK firms still up to two years away, British businesses are already looking to expand new markets internationally. New research by Dubai Multi Commodities Centre (DMCC), the largest and fastest growing Free Trade Zone in the UAE, with a community of over 87,500 people, reveals that just under half (42%) of UK businesses have more appetite for overseas expansion in the post-Brexit and Trump administration era. The CEO of DMCC Gautam Sashittal is in the UK to discuss how Dubai can help British businesses looking to expand international trade post-Brexit.
The average property asking price in England and Wales is close to hitting a new all-time high. It was £310,108 this month, according to Rightmove - only £363 below last June's record high. Prices are up 2.3% from a year earlier due to strong demand and a shortage of supply. Russell Quirk, Founder and CEO of eMoov spoke to Nigel Cassidy on Rightmove's latest house price index.
According to a leading industry thinktank, retailers will struggle in 2017 as rising food price inflation leaves shoppers with less disposable income for discretionary items such as clothing and homeware. Joining to discuss with Nigel Cassidy is Diane Wehrle, Marketing and Insights Director at Springboard, specialists in Customer Counting, Footfall and Performance Measurement in the UK within the retail sector to discuss the latest BRC/Springboard Footfall and Vacancies monitor.
Culture secretary Karen Bradley's referred the Fox/ Sky bid to Ofcom and the Competition and Markets Authority. 21st Century Fox is offering £11.7bn for the 61% stake in Sky it does not already own. The company said it was "confident" the takeover would be approved. Critics of the merger fear it will mean Rupert Murdoch has too much control of the UK media. So can the takeover succeed after failing in 2011? James Brydges recaps the issues the regulators will be looking into.