Swiss freeze assets of Belarus leader Lukashenko December 12, 2020 Switzerland has frozen the financial assets of the president of Belarus, Alexander Lukashenko, following the violent aftermath of the elections in the east European country. Lukashenko and son Viktor are among 15 people banned from entering or travelling through Switzerland, the government said. The individuals are alleged to be responsible for the use of violence [...]
UK to fast track some perishable goods at ports from 1 January December 12, 2020 The UK will fast track the movement of some perishable goods when its Brexit transition period with the European Union ends on 31 December as part of efforts to deal with expected disruption at British ports, the BBC reported earlier today. The UK government has warned that even with a trade deal with the EU, [...]
UK to regulate social media firms such as Facebook and Twitter over content removal December 11, 2020 The UK government will announce plans for a new law next week under which social media companies will have a duty to be impartial and be barred from “arbitrarily” removing comments because they are controversial, according to a report in The Times today. UK ministers will announce plans on Tuesday for a statutory duty of [...]
Analysts call BoE’s move to allow dividend payouts ‘concerning’ December 11, 2020 Analysts are divided over the Bank of England’s decision to allow lenders to resume dividend payments to their shareholders. Yesterday, regulators gave the green light for banks to resume handouts after it was determined that banks were in a strong enough financial position to handle Covid and a possible no-deal Brexit. The announcement cheered banks [...]
Test and Trace to scrap 14-day isolation period for Covid contacts December 11, 2020 People who have been in contact with someone who tested positive with coronavirus will be given daily Covid tests instead of having to isolate for a fortnight under new government plans. The Test and Trace pilot scheme is being trialled in several schools, businesses and universities across the country. Close contacts of people with Covid-19 [...]
Paypal-backed Tink raises €85m in latest funding round December 11, 2020 Tink, Europe's leading open banking platform, has received €85 million (£78m) during an investment round extension.
UK companies are cheap: the smaller the cheaper December 11, 2020 | City Talk UK stocks have lagged their global peers, but is the stage set for a change of fortune? Many investors in UK stocks have looked on enviously at the super-sized returns that global stocks, and US stocks in particular, have been able to deliver over recent years. That all changed this month. As of 18 November, [...]
Supersizing DAZN: Why a UK launch is just the start of the sport streaming service’s global ambitions December 11, 2020 “Supersizing” is the buzzword of the moment at DAZN, the sport streaming service that finally launched in the UK this month. It’s an appropriate one, in that it reflects DAZN’s expansion to more than 200 countries, making it the first global platform of its kind. It is also suitably bullish for a company that is [...]
Boris Johnson facing legal challenge over decision not to fire Priti Patel December 10, 2020 The FDA Union is suing Boris Johnson after he overruled allegations of bullying by Priti Patel.
Paris experiences modest Brexit influx as thousands of professionals relocate December 10, 2020 Since 2016, around 5,000 employees have relocated from London to Paris as a direct result of Brexit, a report finds.