Boris Johnson submits ‘final Brexit offer’; the end of the office, and more top news
The PM has submitted his "final offer" to the EU in an attempt to secure a last-ditch Brexit deal. PHOTO: Getty Images

Boris Johnson submits ‘final Brexit offer’; the end of the office, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

UK Prime Minister Boris Johnson has submitted his "final offer" to the EU in an attempt to secure a last-ditch Brexit deal. Under the plan, the controversial Northern Ireland backstop would be replaced by an all-island regulatory zone. Northern Ireland would stay in the European single market for goods, but leave the customs union – a move that requires new checkpoints. The UK is currently due to exit the EU on 31 October, with Johnson previously stating he’s not prepared to delay further. ? Here’s what people are saying.

French wine, Italian cheese, German coffee and Scotch whisky are among the European goods hit with 25% tariffs by the US on Wednesday, along with 10% tariffs on European-made Airbus planes. The move came after the World Trade Organization ruled the US could impose levies on $7.5bn (£6.1bn) of EU imports over the bloc’s illegal subsidisation of Airbus. The ruling, which threatens to escalate trans-Atlantic trade tensions, marks a record award from the trade body and concludes a 15-year battle between Airbus and Boeing. ? Here’s what people are saying.

The gender pay gap is widening for those working in fund management, increasing to 31% since mandatory reporting was introduced two years ago. That's according to a report by PwC, which found there are still large gaps in the banking, insurance, property and travel industries, but these sectors have at least managed to address the balance slightly. Dame Helena Morrissey, chair of the industry’s Diversity Project group and head of personal investing at Legal & General Investment Management, said the data was “both depressing and galvanising". ? Here’s what people are saying.

Also: A campaign to end pay discrimination has been launched by more than 100 of the most successful women in the UK. According to the Guardian, the women – including former Royal Mail boss Moya Greene, GSK chief executive Emma Walmsley and London School of Economics director Minouche Shafik – were inspired to launch the #MeTooPay campaign by a female BNP Paribas banker’s recent employment battle.

Tesco CEO Dave Lewis is stepping down next year after five years at the helm of the supermarket giant. When Lewis joined Tesco, it had a £200m black hole on its books and made a loss of over £6bn in 2015. He managed to turn the company's fortunes around, achieving a profit of £1.6bn last year. Lewis will be succeeded by Ken Murphy, a senior exec at Walgreens Boots Alliance, the US company that owns pharmacy chain Boots. Murphy will earn a salary of £1.35m at Tesco, as well as receiving a 7.5% pension contribution. ? Here’s what people are saying.

Technology, social norms and a shifting economy has made the office less necessary, but could it one day become extinct? A report in The Economist says the "need for staff to be in one place has been dramatically reduced", with remote work and the hot-desking that allows multiple workers to use the same desk at different times both increasingly common. Technology is powering this office revolution (or dissolution) but so are demands by workers for more freedom and flexibility. ? Here’s what people are saying.

Idea of the Day: Thinking outside the box is key for success, says entrepreneur James Caan.

“Many of the most successful companies do something so well that it – to some degree – changes the landscape of the industry ... In other words, they break down barriers.”

What's your take on today’s stories? Share your thoughts in the comments.

Capucine Yeomans and Emily Spaven

Jan Szabala

FFG MidHerts and Football Domination head coach || Ex Arsenal in Community || FA Lev2 Coach | PFSA Certified Lev3 & IPSO Lev4 Scout | EFAIF | FA Lev7 referee | Football Studies BA ??

5 年

Boris is a criminal sc*m paid from our taxes. Hope his guard in prison will be a "piccaninny with a watermelon smile" or a "bank robber" son. Lowest of the low. ?? #NeverAgain

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Mary Hayes, Art Historian MA MGM - City University

maryhayespainterarthistorian...Art Historian M.A (Master of Arts) - In 2008, turned to Oil Painter, pen and ink, water colourist (age 81 yrs) Mary Hayes City University MA MGM BA (hons) Camberwell Art College

5 年

Boris Johnson-(Kingpin speaks out!)

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Ivor Sutton

Director of #MyTVProject and #MyBook | #MyStory #Unscripted #Writer #Storytelling #Diversity #Engagement #WritingSolutions #Creative #SocialImpact #LetsTalk #MentalHealth #Community #Inequality #Equity #Poverty

5 年

Anyone in business who has negotiated? Well, you will know that the EU Chief Negotiators will have a pile of paper on one side on the table that is doing everything to thwart the UK from leaving the EU. Why on earth should the EU budge from this? Great Britain have failed to be a "United Force" in securing a Great "new" Partnership Deal with Europe, since 2016. It is obvious, those Not wanting to alter the balance of UK-EU Partnership have been thwarting the opportunity that was Brexit, since 2016. If one is a Democrat, one should be appalled at those weakening GB's negotiating stance, since 2016. Thus, the EU have had no reason or motivation to alter the balance of their relation with the UK due to the Powers that have, undeniably, been preventing the UK from leaving. Everyone has been watching a Shameful display of Parliamentarians agreeing to enact the 2016 vote, and then thwarting it in every way. No matter the way you voted, a "Democrat" understands the Value of upholding such a decision, and being denied the opportunity.

Mike Whittaker

Cloud and IoT Architect | Chartered Engineer, AWS Security, IoT Solutions

5 年
Tarkan Kayli

Innovative Design and Engineering

5 年

While attempting to explain this exit deal to the simpletons who reside within the vicinity of my remote subtropical mountaintop retreat. I concluded: It’s so the EU membership fee can be spent on the NHS, or more a 3rd party funding cultural which had spawned around said national health service.. How close was I?

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