Prime Minister Boris Johnson has promised to "step up the tempo" on securing a deal with the EU before the Brexit deadline, with UK's negotiators set to meet their EU counterparts twice a week in the run-up to a crucial EU summit on 17 October. Speaking to the BBC, he said: "In the last couple of weeks, there has been a great deal of movement from the EU side. They do think the UK is serious, as indeed we are, about doing a deal. Mr Johnson also commented that the more MPs try to block a no-deal Brexit, "the more likely it is that we'll end up in that situation". This news follows a backlash against the prime minister's decision to suspend Parliament next month.
The fledgling shale gas sector has faced plenty of hurdles in its battle in the last decade to make fracking commercially viable in the UK. Just over a week after starting on a second well at its Preston New Road site near Blackpool, Cuadrilla, the private company spearheading the UK shale gas drive, was forced to suspend fracking. The cause was a series of earthquakes over the bank holiday weekend that increased in magnitude and culminated in the biggest at a magnitude of 2.9 early on Monday.
The death of Britain’s pubs has been greatly exaggerated, according to the Financial Times. For many, the £4.6bn deal by Hong Kong billionaire Victor Li to acquire the UK’s largest-listed pub and brewery group, Greene King, came as a shock. To others it was no surprise at all. Mr Li is betting that those which have survived the closures will thrive. Pubs, the deal suggests, might fulfil a similar role to water companies (which Mr. Li also owns a lot of) with a portfolio of real estate across the UK and predictable revenues from regular drinkers.