Wednesday newspaper round-up: Brexit, Yellen, Ocado

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Sharecast News | 28 Jun, 2017

17:17 28/03/18

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Splits emerged at the top of government yesterday as the Brexit secretary accused the chancellor of inconsistency and Boris Johnson faced mockery. The prime minister appeared to be struggling to contain divisions within her top team after David Davis and Philip Hammond set out alternative timetables for Brexit, with different customs arrangements in place once the two-year talks had concluded. - The Times

Major reforms in the wake of the global financial crisis have made another banking meltdown unlikely "in our lifetimes", according to the chairman of the US Federal Reserve. Janet Yellen said rules that forced banks to strengthen their capital buffers had ensured the financial system was "much safer" today than a decade ago. - The Daily Telegraph

Ocado has sent a self-driving truck trundling through the backstreets of Woolwich, south-east London, as part of the UK’s first trial of autonomous grocery deliveries. The small vehicle, developed by Oxford-based Oxbotica, is spending 10 days shipping food and snacks to Ocado customers who live in the area, to test Ocado’s plans for its "Smart Platform" – a plug-and-play online shopping business that it wants to sell to grocery retailers around the world who hope to compete with the likes of Amazon and Walmart. - The Guardian

The government will ask companies for their advice on the process of leaving the European Union under a new forum that brings business back in from the cold since Theresa May took over as prime minister last year. Speaking at The Times CEO Summit, David Davis, the Brexit secretary, promised to give Britain’s bosses a greater say in leaving the EU as he pledged to prioritise jobs and prosperity over migration. - The Times

Ladbrokes could face an investigation from the gambling regulator over an incident in which confidential information about betting addicts, including photos, names and addresses, was found in a bin bag on the street. The Gambling Commission said it was looking into the bookmaker’s compliance with data protection laws after a passer-by found the sensitive documents outside a branch of Ladbrokes in Glasgow. - The Guardian

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