PM to launch ‘Office for Investment’ in a bid to lure foreign investors October 12, 2020 The Prime Minister will reportedly launch a new Downing Street operation to secure foreign investment for infrastructure projects amid the UK’s economic recovery. Number 10 is working on a new “Office for Investment” which will be tasked with identifying and coordinating major infrastructure initiatives, according to Sky News. Chief among these projects will be delivering [...]
NHS boss: More in hospital with Covid now than when first lockdown began October 12, 2020 More people are now in hospital with Covid than when Boris Johnson announced the first lockdown in March, according to the boss of NHS England. Stephen Powis said during a live briefing today that A&E admissions are at their highest in Liverpool and that the North West has seen a seven-fold increase in Covid hospital [...]
Sir Keir Starmer: MPs should not get £3,300 pay rise October 12, 2020 Labour leader Sir Keir Starmer has said MPs should not receive a newly announced £3,360 pay rise as hundreds of thousands of Britons are set to lose their jobs. Starmer said today that “this year of all years” MPs do not deserve the planned 4.1 per cent pay rise, about eight-times the amount of yearly [...]
UK’s trade deal with Japan likely to be signed next week October 12, 2020 The UK’s free trade agreement with Japan is reportedly set to be formally signed next week. The UK-Japan Comprehensive Economic Partnership Agreement (EPA) , which is the first trade deal to be signed since Britain left the EU earlier this year, was agreed in principle last month. And the two countries are hoping to formally [...]
Trump vs Biden – should investors really care? October 12, 2020 | City Talk There are two things I’m being asked about constantly at the moment: Covid-19 and the US election. As a former politics student who’s always maintained my passion for the subject, I certainly feel more comfortable opining on the latter. But as an investor, how much should I really care if the next US president is [...]
Act now to close the education gap — or our economy will pay the cost for years to come October 12, 2020 If there were ever any doubt about the full cost of closing schools, the answer is now clear. It is a vast price — and one that will have to be paid by the nation on both a human and a financial level for many, many years to come. Alongside the mounting national debt being [...]
EU leaders ‘to insist on tough enforcement powers’ for any Brexit deal October 12, 2020 EU leaders are reportedly set to insist on tough enforcement measures for any trade deal with Britain, warning that Boris Johnson’s bid to override the Brexit treaty shows the UK’s word cannot be trusted. Leaders will call on chief Brexit negotiator Michel Barnier to ensure that so-called level playing field guarantees for EU businesses competing [...]
Government set to unveil new UK coronavirus restrictions October 12, 2020 The UK government is today expected to announce a raft of new restrictions to tackle the growing second wave of the coronavirus pandemic. The Prime Minister will unveil a three-tier system designed to simplify the UK’s local lockdown restrictions. Leaders from the Liverpool City Region said last night that it will be placed in the [...]
UK considers plan to ‘disable’ Channel migrant boats with nets October 11, 2020 The government is considering plans to “disable” boats carrying migrants across the Channel by using nets to stop them from reaching the UK, according to the new man in charge of stopping illegal crossings. The UK has seen a marked increase in illegal Channel crossings this year, with more than 1,500 people crossing by boat [...]
Brexit: Boris Johnson warns of ‘significant gaps’ to bridge in EU trade talks October 11, 2020 Boris Johnson has told French President Emmanuel Macron that there are still “significant gaps” to be bridged to seal a post-Brexit UK-EU trade deal. A statement released by Downing Street said the Prime Minister told Macron on a phone call yesterday that he needed to see progress in the coming days, “notably in the areas [...]