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      London’s IPO lull expected to last into 2027

      The London Stock Exchange has had a challenging 2024 so far, although bankers are eying a rebound for IPOs

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      Liverpool FC eye US retail empire to steal march on Premier League rivals

      Large display screens featuring Liverpool FC players Alisson Becker and Harvey Elliott in a retail store window.

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Politics

  • Leave voters not keen on divergence, despite PM’s rhetoric

    February 4, 2020

    People who voted Leave in 2016 do not believe the UK should insist on its own regulatory regime after Brexit, but want certain standards maintained after transition, a new survey has found. Yesterday Prime Minister Boris Johnson made much of the UK government’s plan to reject the EU’s insistence of a level-playing field, saying: “There [...]

  • Welcome to stage two of the Brexit battle: the ‘level playing field’

    February 4, 2020

    The battle of visions has begun. Boris Johnson views non-alignment with the major common EU rules as sacrosanct — unsurprising, since the UK has now withdrawn from the bloc. The European Commission, meanwhile, seeks an alignment of standards across a vast body of EU policy in return for a good trade deal. The essence of [...]

  • Boris Johnson says Brexit deal must be ‘predictable’ for the City

    February 3, 2020

    Prime Minister Boris Johnson has sought to reassure the City about a post-Brexit trade deal with the European Union, saying it should provide a “predictable, transparent and business-friendly” environment for financial services firms. In a written statement to parliament, the PM also said there should be “obligations on market access and fair competition”. The statement [...]

  • Women problem looms as PM’s reshuffle set for next week

    February 3, 2020

    Boris Johnson has earmarked 13th February for his reshuffle, City A.M. has learned.  The Prime Minister is hoping to make his move just before MPs go into recess, to allow sacked ministers time to lick their wounds, according to one senior parliamentary source who has been put on standby for next Thursday. What had initially [...]

  • Pound sinks as Boris Johnson warns of hard Brexit

    February 3, 2020

    The pound has sunk in early trading today ahead of a Boris Johnson speech in which the Prime Minister is expected to demand a looser trade deal with the EU that could spell a hard Brexit. Sterling fell over one per cent against the dollar to $1.3069 ahead of the Prime Minister’s speech. Johnson is [...]

  • Government tells EU deal must be struck this year as it reveals negotiating position

    February 3, 2020

    Downing Street has stressed a trade deal must be struck this year if it is going to happen at all, as part of its opening gambit in trade talks with the EU, following Boris Johnson’s landmark speech this morning. The government is seeking a deal with the EU that is “at least as good” as [...]

  • Boris Johnson: UK doesn’t need EU rules for Brexit trade deal

    February 3, 2020

    Prime Minister Boris Johnson has said the UK will not accept EU rules as part of a post-Brexit trade deal, but said Britain is not going to engage in a “cut-throat race to the bottom” standards. In a heavily trailed speech in London, the PM said: “There is no need for a free trade agreement [...]

  • Dominic Cummings sets up ‘spy network’ in bid to stop leaks

    February 3, 2020

    Boris Johnson’s top adviser has set up a network of informants in plush Westminster restaurants in an audacious bid to stop ministerial aides from leaking to journalists. Dominic Cummings told special advisers on Friday that they must cough up half the bill if they go out for lunch, dinner or drinks with members of the [...]

  • Boris Johnson’s disastrous Huawei decision is an act of national self-harm

    February 3, 2020

    Powerful US Republican senator Tom Cotton of Arkansas put it best. Letting the state-sponsored Chinese technology firm Huawei build even a portion of Britain’s 5G network — as the Prime Minister nonsensically decided to do last week — is quite a bit like letting the KGB construct the British phone systems in the 1980s.  At [...]

  • Johnson says Australian model on the cards for UK–EU trade deal

    February 2, 2020

    Boris Johnson will today fire the starting gun on trade negotiations with the European Union, with the government floating the idea of a looser Australian-style deal if a more comprehensive arrangement cannot be agreed. In a speech today the prime minister will say the UK is aiming to negotiate a Canada-style free trade deal, “but [...]

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