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Evening Update 12 Sept

Strike - Around 2,000 workers from the CGT union demonstrated at Nice train station this morning, protesting the new labour laws being driven through parliament by President Macron. The President is trying to loosen labour laws, and the burden they carry on employers, in an attempt to increase employment.

Todays national strike has paralysed local transport networks, with little or no busses running in Cannes, Villeneuve Loubet and Nice.  Regional trains are badly affected, with only one-in-three trains running, and some flights from Nice Cote d’Azur airport have also been cancelled.

The CGT union has called for a second strike late next week.

Court - The Paris Court has delayed its decision, in the case of former ‘Minister of the Interior’ Bernard Cazeneuve who accused Nice police officer Sandra Bertin of defamation, over her comments that she was forced to make a false report in relation to events during the terror attack on Nice on July 14th last year. The courts decision will be handed down next Thursday September 21st.

Soldier - An investigation is underway to discover why a soldier on patrol in Breil-sur-Roya committed suicide while on patrol duty. The incident happened around 4am last night when the soldier, in his early twenties, shot himself with his own gun.

BUSINESS

The UK's inflation rate has climbed to a five year high of 2.9%, as the fall in sterling drove up prices for petrol and fashion. The bigger-than-expected rise comes ahead of the Bank of England's next announcement on interest rates on Thursday.

Shares in Sky are trading down this afternoon after an announcement that 21st Century Fox's £11.7bn bid to take full control of the broadcaster is to be referred to the Competition Authority.

Air Berlin, the insolvent airline group, has been forced to cancel 100 flights today after 200 of its pilots called in sick. The company is trying to find a buyer for the business and it’s COO said this action will only frighten off investors.

SPORT

Football - The President of Paris-Saint Germain says he is confident that the club will pass the UEFA investigation, making sure their signings of Barcelona’s Neymar and AS Monaco’s Kylian Mbappé don’t break the Financial Fair Play regulations. He said the club has been working very hard to build revenues from ticketing, sponsoring, merchandising, match day and TV rights, from 90 million euros to approximately 500 million euros, with the last two seasons returning profits.

The English Football League has agreed a €665m deal allowing Sky Sports to stream all midweek Championship matches. The deal will run from 2019 to 2024.

Rugby - Wales and Cardiff Blues flanker, Sam Warburton, is to have surgery on a long-standing neck injury, ruling him out for up to four months. The 28-year-old, who captained the British & Irish Lions in their Test series with New Zealand this summer, aggravated the injury in training this week. The operation means Warburton will miss all four of Wales' autumn Tests.

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