The Hong Kong stock exchange made an audacious bid for the London Stock Exchange this week, offering £32bn (~$40bn) to rival a previous deal, a $27bn acquisition of data & trading group Refinitiv. Today we learned that The London Stock Exchange Group Rejected the £32bn takeover approach, saying that its board had “fundamental concerns” about the offer’s strategy, structure and value.
Speaker of the House, John Bercow has promised ‘creativity’ if Boris Johnson ignores Parliament’s law designed to prevent a no-deal Brexit. Last week, the Parliament forced the PM to seek a delay until 31 January 2020 if no deal is found- Johnson replied he’d rather be ‘dead in a ditch’ to ask for a delay.
Banksy’s latest piece has gone up overnight, showing the EU flag shattered. It follows on from a previous piece which showed a workman chipping away at a star, representing the UK on the flag. The works have been sprayed on a wall near Dover, where the UK exports/imports goods to the EU.