With its own Magnitsky Act, Britain can make it clear that international wrongdoers are not welcome here July 10, 2020 The new government sanctions regime, which has seen restrictions imposed on around 50 individuals accused of orchestrating human rights abuses, is a major step in Britain’s post-Brexit place in the world. Dubbed the “Magnitsky Act”, after the Moscow lawyer murdered after uncovering a massive tax fraud, this approach allows the UK to pursue a new [...]
The quiet crisis: IR35 and the UK’s forgotten freelancers July 10, 2020 In a crisis which has shaken so many aspects of our lives, it can be hard to get some issues heard above the noise. News that would once have made headlines seems to slip almost unnoticed under the radar. One such development was the quiet confirmation that changes to IR35 self-employed taxes will come into [...]
Beauty salons, massage parlours and gyms set to reopen in England next week July 9, 2020 Beauty salons, nail bars, tattoo studios, massage parlours, spas and gyms are set to reopen next week after months of closure during the coronavirus crisis, the government announced today, though facial treatments will remain prohibited under strict social distancing measures. Culture secretary Oliver Dowden today said: “Having allowed hairdressers to reopen, beauticians, tattooists, spas, tanning [...]
EU to maintain access to City of London clearing houses after Brexit July 9, 2020 Brussels has moved to ensure EU member states retain access to the City’s clearing houses after the end of the post-Brexit transition period on 31 December. The EU will allow its members to have access to the UK’s clearing houses, some of the largest in the world, on a “time limited” basis, according to European [...]
Performing arts allowed to restart in England from Saturday July 9, 2020 England’s performing arts sector will be allowed to reopen from Saturday as the government announced a further easing of coronavirus social distancing restrictions. Artists, musicians, actors and dancers will be able to go back to work from this weekend by putting on shows with socially distanced outdoor crowds, according to culture secretary Oliver Dowden. Dowden [...]
Brexit: ‘Significant’ differences remain between UK and EU, says Brussels July 9, 2020 The latest round of UK-EU Brexit trade deal negotiations have ended with both parties still harbouring “significant” differences. An EU Commission spokesperson told a press conference in Brussels today that the latest round of talks had finished and that the EU was “working hard to overcome the significant divergences” that remain between the two sides. [...]
Think tank: Furlough bonus scheme a £9bn ‘deadweight loss’ July 9, 2020 Rishi Sunak’s £9.4bn scheme to compensate companies that bring back furloughed employees has been described as a “deadweight loss” by a leading London think tank. The chancellor’s Job Retention Bonus will see the government pay businesses £1,000 for every furloughed employee they bring back to work and keep employed until the end of January. The [...]
Rishi Sunak says he will deal with debt levels once picture clears July 9, 2020 Chancellor Rishi Sunak has said he will seek to reduce the huge budget deficit amassed during the coronavirus pandemic once the trajectory of the economy is “clearer”. Sunak, who yesterday pledged another £30bn worth of stimulus to fight the downturn, said it was difficult to strike the right balance between protecting the economy and the [...]
Top civil servant Sir Mark Sedwill hits out at ‘sniping’ from inside government July 8, 2020 Britain’s outgoing top civil servant Sir Mark Sedwill has hit out against the culture of off-record media attacks in Westminster that saw him recently sustain a barrage of public criticism. Sedwill had been the victim of numerous off-record briefings to the media about his role in the government’s handling of the coronavirus pandemic. It has [...]
Rishi Sunak Summer Statement: All the Chancellor’s spending pledges July 8, 2020 Chancellor Rishi Sunak today announced a raft of measures in his Summer Statement in a bid to help the UK economy recover from the worst effects of coronavirus. The Treasury boss revealed massive public spending to bolster the UK economy in what people are calling his mini-Budget. While he did not extend the government’s furlough [...]