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Brexit: UK business should not be complacent ahead of leaving the EU

There is a lot more work to do before Brexit takes place, despite the new agreement on a transition period
“A week is a long time in politics”. So said Harold Wilson. But for most of us, the last year feels like a lifetime, from the triggering of Article 50 last March to a transition agreed last week.
While the past 12 months have been difficult for businesses, slowly but surely there are signs that the voice of prosperity – and the crucial evidence put forward by the business community – is being heard.
Read more We went on a tour of Brexit Britain and this is what we found Last week’s agreement of transition until December 2020 was a genuinely historic handshake with real and immediate consequences. A quarter of our members who are planning for Brexit told us they would trigger contingency plans by the end of March if no transition was agreed. Some will now press pause on these plans, others will slow them, while EU firms with supply chains into the UK will be relieved with the..

Serial Rapist’s Release Is Blocked, for Now, by U.K. Court

Serial Rapist’s Release Is Blocked, for Now, by U.K. Court Photo John Worboys, a former London cab driver, was convicted of assaults on 12 female passengers, although the police say he had more than 100 victims. Credit Metropolitan Police, via Associated Press LONDON — A British court ordered a parole board on Wednesday to reconsider its decision to release a notorious sex offender — a former London cabdriver implicated in attacks on more than 100 women — and told the government to lift the shroud of secrecy over parole decisions.
The decision to grant parole to the serial rapist, John Worboys, after a decade in prison prompted outrage when it was made public in January, and two of his victims sought to have the result overturned in court. Victims said they had been assured that Mr. Worboys stood little chance of ever being released, and some said that the authorities had failed to notify them that he was up for parole.
The women said they felt not only betrayed by the decision but als..

DealBook Briefing: Are FANGs Losing Their Bite?

Supported by DealBook Briefing: Are FANGs Losing Their Bite? Photo Credit Emmanuel Dunand/Agence France-Presse — Getty Images Good Thursday morning. Another FANG stock took a tumble and the Trump administration wants to further thwart sensitive Chinese investments. This newsletter will be taking a break for Good Friday. We’ll be back with you on Monday. Some links require subscriptions.
Are we witnessing the end of a tech boom?Investors, always willing to believe in technology companies, spent the last three years piling into their shares with abandon. Now the intellectual underpinnings of that rally are being tested.
Exhibit A: Facebook, down 20 percent from its recent high.
Exhibit B: Nvidia, off 12 percent from its recent high.
Exhibit C: Tesla, not a tech stock but in the FANG+ index.
Concerns about Tesla’s ability to fund itself can also be seen in the trading of its debt.
Continue reading the main story The WSJ’s Charley Grant explains:
Tesla can’t simply cut..