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Tag: prepare

Firms told to prepare for no-deal Brexit

Firms told to prepare for no-deal Brexit

Business
Businesses that trade with the EU need to take steps now to prepare for the possibility of a no-deal Brexit, a government minister has warned.Financial Secretary to the Treasury Mel Stride told the BBC's Today programme "there is a call to action now".HMRC has published an update to its advice on how firms should prepare for a no-deal scenario.However, Mr Stride called the prospect of the UK leaving the EU without a deal an "unlikely event".Speaking to the BBC, Mr Stride said: "The time is now, there is a call to action now. "Those who are importing or exporting into and out of the EU 27, in the unlikely event that there is a no-deal at the end of March, will need to take certain steps. They need to do that now."Mr Stride said businesses needed to "get a ...
Bengals, Steelers prepare for pivotal game in AFC North

Bengals, Steelers prepare for pivotal game in AFC North

Sports
The Pittsburgh Steelers are usually the team that sits atop the AFC North while others try to chase them down, but through five games this season, the Cincinnati Bengals are the team that's sitting pretty in first place. When the Bengals (4-1) play host to the Steelers (2-2-1) on Sunday at Paul Brown Stadium, they could take early command of the division. But if the Steelers win, they'll be just a half game out of first place and right back in the thick of the race. "I think both teams realize this division is a lot tighter than it has been in years," Steelers guard Ramon Foster said. "The teams that execute and don't hurt themselves will be the No. 1 seed." The Bengals are winning in different ways -- capitalizing on turnovers, piling up offense, pulling off late dramatics and grindin...
Prepare for cash crunch if no Brexit deal – defence body

Prepare for cash crunch if no Brexit deal – defence body

Business
The Treasury should prepare emergency measures to ease a cashflow crisis that could hit companies in the event of a "no-deal" Brexit, the leading body representing Britain's aerospace and defence industry has told Philip Hammond. Sky News has seen a letter from ADS, the trade association which counts Airbus and Rolls-Royce among its members, in which its chief executive urges the chancellor to ensure that there is sufficient liquidity to prevent companies being punished for "dipping into their overdraft or for breaching loan covenants".The call from Paul Everitt for the Treasury to begin contingency planning with banks and other lenders in order to avert a cashflow squeeze reflects growing anxiety across manufacturing industries about the ramifications of no deal being agre...
Looking for a home in Berlin or Budapest? Prepare to pay more

Looking for a home in Berlin or Budapest? Prepare to pay more

Finance
Dutch engineers test 'floating island' There's a nice little real estate boom underway in Europe. Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank. Prices spiked more than 14% over the previous year in Berlin, Rotterdam and Budapest. EU data back up the findings, showing that home prices increased by an average of 4.7% across the bloc in the first quarter, the highest price growth since late 2007 when the global financial crisis was about to explode. Demand has been fueled by low interest rates, an improving job market, rising consumer confidence and growing interest from foreign buyers, according to Kate Everett-Allen, a residential property expert at Knigh...
Turkish troops prepare to enter Idlib province, Syria

Turkish troops prepare to enter Idlib province, Syria

World
Oct. 8 (UPI) -- Turkey deployed commando units along its border with Syria and aided Free Syrian Army rebels as they crossed into Syria's Idlib province, the Turkish government announced.The troop movement is part of a joint mission between Turkey, Russia and Iran to monitor a de-escalation zone in Syria and remove a stronghold of former al-Qaida militants from the area. The three countries agreed in May to be guarantors of a cease-fire to help end the six-year civil war in Syria.Although there is no U.S. involvement in the mission, and the U.S. government is watching the combined involvement of the three countries armies. A Pentagon spokesman said the United States supports the action.Rebels of the FSA rode on trucks through Turkey and crossed the Syrian border on Saturday, while Turkish ...