Industry bodies back London as European clearing hub as concerns raised with EU’s regulations September 7, 2023 Leading users of derivatives markets in the European Union called on the bloc on Thursday to scrap a plan that would force them to shift euro derivatives clearing from London to the EU.
‘Bespoke’ Brexit deal signed off as UK to rejoin EU’s £85bn Horizon science scheme September 7, 2023 The UK is to return to the European Union’s £85 billion Horizon science research programme following months of negotiations. The Government said a “bespoke” new agreement has been signed off with the EU, with UK researchers able to apply for grants and take part in Horizon projects. Prime Minister Rishi Sunak said: “We have worked [...]
Brexit: Sunak closing in on UK rejoining EU Horizon science scheme September 6, 2023 Rishi Sunak appears set to announce that the UK will rejoin the European Union’s £85bn Horizon science research programme. Sources familiar with the negotiations between the two sides said on Wednesday that the Prime Minister has given the go-ahead for a deal to be finalised. The level of compensation for the UK being frozen out [...]
Analysis: Rishi Sunak must wish he was still on holiday September 4, 2023 Rishi Sunak may have enjoyed the break but an afternoon of bad news will have brought reality crashing back to him
Brexit border checks on food delayed for fifth time August 29, 2023 The implementation of post-Brexit border checks on food products coming from the EU has been delayed for a fifth time.
Brexit to blame? Pubs lost £22m over August Bank Holiday due to staff shortages August 29, 2023 Pubs lost out on a whopping £22m over the bank holiday weekend due to staff shortages which continue to cripple the UK hospitality sector post-Brexit. While the August bank holiday led many punters to the pub to enjoy extended weekend, a new study from the British Beer and Pub Association (BBPA) showed that staff shortages [...]
Labour more trusted than Tories on Brexit and the economy, new poll finds August 29, 2023 Voters place more trust in Labour than the Conservatives on issues including the economy, tax policies, Brexit and unemployment, new polling has revealed. Sir Keir Starmer’s Labour Party secured a higher trust rating than the Tories on nine out of ten issues that voters were polled on by YouGov for The Times. Prime Minister Rishi [...]
Brexit: UK faces science ‘brain drain’ amid delays in joining EU research scheme August 25, 2023 A delay in joining the European Union’s research and innovation scheme has “damaged the UK’s reputation” in the life sciences field, experts have claimed, with scientists “finding it much harder to bring the brightest and best into their labs”. The Government was also warned the UK faces a “brain drain” of talent if not made [...]
Louis Theroux warns on campaign for ‘Brexit from the BBC licence fee’ August 24, 2023 Louis Theroux feels there is a “vested interest” by some media outlets for a “Brexit from the licence fee”. On Wednesday, during the annual MacTaggart lecture at the Edinburgh Television Festival, the broadcaster and documentary-maker said he believes the BBC is in a “no-win” situation of trying to “avoid offence” and in danger of avoiding [...]
London’s finance industry a ‘jewel in Britain’s crown’ despite concerns over City’s future, Griffith says August 21, 2023 City minister Andrew Griffith said the financial services industry was still a “jewel in Britain’s crown that even the doomsters cannot deny” after jobs in the finance sector hit a record high. Figures out last week showed that the number of jobs in financial services climbed to a record high of 1.2m in the first [...]