Thursday newspaper round-up: Theresa May, Brexit, Novichok, Donald Trump, Burberry, TalkTalk

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Sharecast News | 19 Jul, 2018

Theresa May will go on a tour of Britain this summer in an attempt to convince sceptical Tory members to back her plan for Brexit. The scale of unrest among grassroots Conservatives emerged yesterday as Boris Johnson used a resignation speech to galvanise the party’s membership against the prime minister’s Chequers plan. - The Times

Police are believed to have identified on CCTV cameras the suspected perpetrators of the Novichok attack on Russian former spy Sergei Skripal. Officers think several Russians were involved in the attempted murder of the former double agent and daughter Yulia in Salisbury and are looking for more than one suspect. - Telegraph

Donald Trump now says he holds the Russian president, Vladimir Putin, personally responsible for his country’s meddling in the 2016 presidential election, further walking back a statement on Monday that drew bipartisan rebukes. - Guardian

Property prices in Britain are growing at their slowest annual rate for nearly five years, according to latest data from the Office for National Statistics. In the 12 months to May, house prices increased three per cent, down from 3.5 per cent in April. The last time growth was as low as three per cent was August 2013, historical data shows. - Daily Mail

Fashion is a fickle business. It is also a very wasteful one, at least according to Burberry’s latest accounts. The upmarket label has destroyed more than £28 million of unwanted products over the past year. Even at its notoriously high prices, that is the equivalent of more than 20,000 of its signature trench coats. - The Times

TalkTalk’s chairman Sir Charles Dunstone walked out of its annual meeting unscathed after almost all of its investors ignored criticism from influential governance campaigners to vote for him to stay on. - Telegraph

Boris Johnson has used a stinging resignation speech to tell MPs it is “not too late to save Brexit”, but stopped short of a leadership challenge against Theresa May. The former foreign secretary, who resigned from the cabinet last week over May’s Chequers negotiating strategy, said the government had allowed a “fog of uncertainty” to descend since May’s Lancaster House speech in January 2017, which suggested a “comprehensive, bold and ambitious free trade agreement” with the EU27. - Guardian

Following one of the most disastrous takeovers of recent years, the Aussie DIY store that took over Homebase is about to disappear. This week, the first Homebase store to be turned in to a Bunnings – in St Albans, Hertfordshire – became a Homebase again. - Daily Mail

Corporate landlords and specialist investors have swooped on London’s luxury new homes market, buying properties in bulk at a discount amid a decline in interest among individual buyers. In the latest evidence of the pressure on the capital’s high-end property market, almost four in every ten sales of newly built homes in London in the three months to the end of June were to bulk corporate buyers, according to research by Molior London. - The Times

The boss of Premier Foods was today saved from the sack by its largest shareholder, Japanese noodle giant Nissin Foods, at the Mr Kipling maker's hot-tempered annual general meeting. Gavin Darby, who had been facing calls from a clutch of activist investors to stand down, received the support of 59.01pc of shareholders for his re-election. - Telegraph

Millions of homeowners caught in the so-called “leasehold trap” may be able to buy their freeholds at a fraction of the price currently demanded by ground rent companies, under radical proposals from the Law Commission. One proposal is for a simple formula where leaseholders will pay just 10 times their current ground rent to convert their property from leasehold to freehold. - Guardian

Computer problems have hit British Airways operations at London's Heathrow Airport just hours after a fire alarm grounded dozens of flights. British Airways has cancelled a number of short haul flights after the incident involving a 'supplier IT system' on Wednesday evening. - Daily Mail

The head of Europe’s biggest aerospace company has warned that Theresa May’s Brexit strategy is “unravelling again” as the industry prepares for Britain to leave the EU without a deal. Airbus is continuing to stockpile key parts in a bid to “mitigate the effects” of a disorderly Brexit next March, despite the prime minister’s attempts to reassure business. - The Times

Britain's troubled retailers slashed prices in giant summer sales in an effort to attract shoppers and boost the flagging industry's fortunes. Lower prices for toys, games and women's clothes were significant enough to hold down inflation despite the surging global oil markets forcing petrol prices up to a four-year high of 129p per litre. - Telegraph

EasyJet has raised its profits forecast after soaring revenues in the spring, despite air traffic control strikes and the unusually hot weather dampening demand. Johan Lundgren, the airline’s chief executive, said costs from disruption had grown by £25m compared with the same period in 2017. - Guardian

Mothers who vape or wear nicotine patches during pregnancy increase their baby’s risk of cot death, a study suggests. Cot death, or sudden infant death syndrome, is the unexpected death of an apparently healthy child under the age of 12 months, typically during sleep. - Daily Mail

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