Our once-in-a-generation opportunity to ensure that the City is fit for the future November 5, 2018 Firms across the Square Mile have had to spend a disproportionate amount of time recently planning for the short term. With less than five months to go before the UK leaves the European Union, it is right that businesses urgently prepare for all possible outcomes, including a possible no-deal scenario. There are many pressing issues [...]
Ireland ‘would block British demand to quit Irish backstop agreement’ November 5, 2018 Ireland has hit out at reports that Britain wants the right to pull out of any so-called Irish border backstop arrangement after a short period of time. Irish foreign minister Simon Coveney said a deal in which Britain could decide to close the Irish border by itself would not pass muster with Ireland or the [...]
Investors positive about investing in UK post-Brexit November 5, 2018 Investors are more positive about investing in the UK post-Brexit this year than they were last year, according to a survey released today. The research shows that 62 per cent of investors are more likely to invest in the UK post-Brexit, up from 31 per cent last year. Overall 88 per cent of investors said [...]
A second referendum would not heal the country’s divisions but it would unleash a fresh wave of uncertainty November 4, 2018 Business leaders will this week hurl themselves back into the Brexit debate as some of the most high-profile figures from corporate Britain join the campaign for a second referendum. They were pretty vocal during the first one, with a series of interventions and letters used to highlight the legitimate concerns that many sectors and firms [...]
It’s time to go with the flow: The UK needs to accept global economic competition and come out on top November 4, 2018 | City Talk UK 1-1 Rest of the world. So reads the scoreboard from two recent corporate stories: Dyson’s decision to produce its electric cars in Singapore and Unilever’s to stay put in London. With Brexit beckoning, there is more focus than ever in Britain on its place in the world, and how that can be affected by [...]
Let’s make sure British sport can compete with the best beyond Brexit November 4, 2018 It is often said the UK is a nation obsessed with sport. But for once sport’s hold on top spot in the public consciousness has been usurped by another national obsession: Brexit. However, the link between Brexit and sport is far more than just a competition for public attention – Brexit poses some fundamental challenges [...]
Leave tycoon Arron Banks insists there is ‘no Russian money’ in Brexit campaign donations November 4, 2018 British millionaire and political donor Arron Banks has insisted there was "no Russian money" in the donations received by his controversial campaigns to leave the EU. Banks, a prominent Brexiter, was referred to the National Crime Agency (NCA) on Thursday by the Electoral Commission which said it had found evidence of "multiple suspected offences" committed during the [...]
Raab travels to Northern Ireland as pound rises on Brexit optimism November 2, 2018 Dominic Raab travelled to Northern Ireland today as a Brexit deal hinges upon a resolution to the question of how to prevent a hard border on the island of Ireland. The Brexit secretary has said that he hopes to strike an agreement with the EU on the terms of the UK’s departure from the bloc [...]
Solving the shipping industry’s technological problems is a huge opportunity for the UK November 2, 2018 For decades, the business of moving goods across national borders has been hidden from the headlines. In ordinary times it is a rather dry subject, but Brexit has brought trade into sharp focus. One thing has become crystal clear: if goods cannot move freely through ports as a result of political agreement, a much greater [...]
Extend post-Brexit transition period, powerful EU business group tells Theresa May November 1, 2018 Bosses of some of Europe’s biggest companies have urged Theresa May to extend the post-Brexit transition period after a meeting in Downing Street. Members of the European Round Table of Industrialists were given an update on the talks with Brussels by the PM on Thursday – claiming she was confident a deal could soon be [...]