Exclusive: The City will emerge strong from Brexit, says impact investment whizz April 8, 2021 One of the hottest trends within the City’s investment community lately has been impact investing; capital flowing into companies, entities and funds with the intention to generate a measurable, beneficial social or environmental impact. To many institutional investors and pension funds, impact investments are increasingly becoming the standard so this type of investments is more [...]
Northern Ireland: Ministers condemn ‘deplorable’ violence in Belfast April 8, 2021 Northern Ireland’s devolved government has condemned the “deplorable” acts of violence and rioting from militant unionists over the past six nights in Belfast and beyond. Ministers said in a statement that they are “gravely concerned by the scenes we have all witnessed on our streets, including those at the Lanark Way interface [in Belfast] last [...]
Brexit: EU online deliveries to UK have halved April 8, 2021 Online deliveries to the UK from Europe have plunged 50.7 per cent in the first quarter of 2021, according to e-commerce shipping platform Sendcloud. New shipping requirements and extra VAT costs have drastically cut EU to UK shipments compared to the final quarter of last year. The new data has stressed the delivery issues online [...]
JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown April 7, 2021 JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown
British expats flee Spain to avoid deportation as post-Brexit rules turn them into illegal immigrants April 7, 2021 Thousands of undocumented British expats in Spain are heading back to the UK as they fear being fined or deported as a result of post-Brexit immigration rules in the southern European country. British nationals who failed to apply for Spanish residency documents or whose applications have been rejected are only permitted to stay up to [...]
UK’s economic reopening takes off as Europe lags further behind April 7, 2021 Friday’s bumper US payrolls report saw both the DAX and Stoxx600 post new record highs yesterday, following on from similarly record sessions in the US on Monday, and while the FTSE100 continues to lag behind, the FTSE250 was still able to close within touching distance of a record close. China and the US aside, which [...]
More than half of London businesses expect long-term Brexit disruption April 3, 2021 The majority of UK firms experienced some form of trade disruption following Brexit, and many expect there to be long-term disruption as a result of the new EU trading arrangements. Three-quarters (75%) of businesses have experienced some Brexit trade disruption and almost half (49%) say they expect some sort of disruption to continue in the [...]
Irish PM Micheál Martin calls for ‘reset’ of relations with the UK April 1, 2021 Irish Prime Minister Micheál Martin has called for a “reset” of relations with the UK in a bid to cool tensions between the countries over Northern Ireland post-Brexit. Martin today said he and the EU were “concerned” about the UK’s tougher stance toward issues on Northern Ireland in the past few months, which has seen [...]
Post-Brexit: City investors look beyond Europe as bounce back optimism grows March 30, 2021 Investors searching for stronger returns post-Brexit are increasingly zooming in on the Far East, with Japan and China currently being the most attractive markets for UK investors. According to new data that City-based bank and brokerage firm Charles Schwab shared with City A.M. this morning, around 68 per cent of investors in a recent survey [...]
Markets A.M. – Attention shifts to credit data with UK-EU vaccine row set to continue March 29, 2021 US markets once again finished a rather choppy week on a high, with the S&P500 setting another new record, and both the Nasdaq and Russell 200 also posting strong gains in the last hour of trading, in a broad-based uplift across the board. In a week that saw optimism and pessimism in equal measure, stock [...]