Brexit: The UK wants an early deal with the EU on data transfer and privacy, latest position paper outlines August 24, 2017 The UK will continue to comply with European laws on data after the country leaves in March 2019 and the EU should recognise this early on in negotiations, the government has said. In a fresh paper outlining Britain’s approach to negotiating the free flow of data across borders, the department for exiting the European Union [...]
ONS admits: “No evidence that non-EU students overstay their visa” August 24, 2017 There is no evidence to suggest students are outstaying their visas, the UK’s statistical watchdog has today confirmed. Of those whose visas expired in 2016 and 2017, some 69 per cent of the international students left the UK, while a further 26 per cent extended their visas for further study or for other reasons such [...]
It’s official: This is how long it takes for a London commuter to get angry August 24, 2017 As stations get busier and busier, and with engineering works often playing havoc with the trains, most of us want to make our journeys as short as possible. Not to mention, the average commute is about an hour long according to ONS stats, with many working in the capital travelling for longer. Now a survey [...]
UK immigration falls as rising number of EU workers return home after Brexit August 24, 2017 Immigration figures have dropped by almost a third in the last year, as EU workers begin to pack up and leave following the Brexit vote. The ONS says around 246,000 net long-term international migrants were in the country in the year ending March 2017, down 81,000 on the previous 12 months. The reduction was through [...]
Re-identification of personal data: The common crime you’ve never heard of August 24, 2017 There was a sense of inevitability to the Data Protection Bill announced by the UK government this month. What especially caught my eye was the new criminal offence: “of intentionally or recklessly re-identifying individuals from anonymised or pseudonymised data” punishable by an unlimited fine. It’s a welcome move that shines a spotlight on a relatively [...]
Ten reasons why true free trade is key to making Brexit a success August 24, 2017 Economists for Free Trade was re-launched this week by 16 of Britain’s leading economists to promote the case for true free trade, with zero tariff and non-tariff barriers (note this doesn’t mean zero standards) on imports, in the wake of Brexit. In the wake of the General Election result we feel there is a need [...]
More than 70,000 City managers could be held personally responsible for misconduct under the SMCR, according to Cleveland & Co August 23, 2017 The number of senior managers in financial services firms who could be held personally responsible for misconduct has increased to 72,000, according to new research from law firm Cleveland & Co. This comes after City watchdog the Financial Conduct Authority (FCA) announced it would broaden the scope of the Senior Managers and Certification Regime (SMCR) [...]
Apple’s driverless car project Titan has morphed into a staff shuttle bus as reports suggest a scaling back of ambitions August 23, 2017 Apple’s driverless car project, long-rumoured and only recently confirmed by boss Tim Cook, looks like it might be taking a back seat at the company. Its ambitions have been scaled back from a fully autonomous Apple car, to a shuttle bus for staff. Read more: “Hey Siri”: Now you can transfer money with just your [...]
Monarch thinks a ‘mood-enhancing’ menu featuring liquorice ice cream can cure flying jitters August 23, 2017 Liquorice ice cream which can boost your immunity; stress busting lavender cakes; these creations wouldn’t sound out of place in Willy Wonka’s factory. In fact, they are part of Monarch’s new “mood food” in-flight menu, which has been designed to improve the flying experience and get them in the holiday mood. In hopes of revolutionising [...]
Estonia proposes estcoin, a government backed cryptocurrency, issued via an initial coin offering (ICO) after e-residency success August 22, 2017 Estonia is living up to its digital reputation and setting tongues wagging with its latest idea: its very own digital currency issued via an initial coin offering (ICO). The buzz word of the moment in the heady world of cyptocurrencies, ICOs, are being used to raise cash via a digital token that’s issued to investors. [...]