With Brexit done, the UK must pivot to Africa January 22, 2021 Divorce is painful, and Brexit was as acrimonious a separation as they come. Anglo-European relations will recover in time, but right now the UK needs friends outside of Europe. Boris Johnson knows this, so it was no surprise when he declared his ambition for the UK to be Africa’s investment partner of choice. “We in [...]
10.5m Brits could not last another month without income January 22, 2021 One in five of adults in the UK could not support their household for one month if they lost their source of income, a report revealed. After a third lockdown gripped the nation, 10.5m British adults have been found to have no financial buffer, digital financial coaching app Claro said today. With financial strain disproportionately [...]
UK fish exporters to get up to £100,000 each for Brexit disruption January 21, 2021 Britain’s fish and seafood exporters who have faced post-Brexit disruption at the border will be able to claim a maximum of £100,000 per business as a part of a new £23m fund. James Quinault – one of the top civil servants at the Department for Environment, Food and Rural Affairs (Defra) – told a parliament [...]
Home to roost? Poultry industry warns of ‘catastrophic’ border disruption January 19, 2021 The UK’s chicken farmers have become the latest food suppliers to slam the government over new Brexit border rules, which are causing enormous disruption to supply chains. Under the new rules, exporters are facing an entirely new set of customs rules, with products of animal origin needing new paperwork and checks at borders. “These issues [...]
Fishing industry to be compensated for Brexit ‘teething problems’ January 19, 2021 Boris Johnson has said that the fishing industry would be compensated for any problems caused by new post Brexit customs procedures. Johnson, echoing comments he made last week, said that problems at the borders, which have seen some exporters unable to sell their catch, were “teething problems”. A fund of £23m will be made available [...]
EU politicians pushing for ‘masterplan’ to steal City jobs from London and promote euro in global trade January 18, 2021 EU politicians pushing for 'masterplan' to steal banking jobs from London and promote euro in global trade
Johnson to discuss ‘Singapore of Europe’ plans with business leaders January 18, 2021 Boris Johnson will hold talks with business leaders today about cutting red tape, as ministers draw up plans to turn Britain into the “Singapore of Europe” now it has left the EU. The Prime Minister will speak to 30 senior leaders about “regulatory freedom” and reforming EU rules, The Times reported today. Leaders from BP, [...]
UK and the EU have much to gain from closer collaboration on financial services January 18, 2021 Now that the UK and European Union have started a new chapter, the next few months will be critical when it comes to writing the page on future collaboration in financial and professional services. The Trade and Cooperation Agreement finally brokered by UK and EU negotiators before Christmas provided businesses and households both at home and [...]
Screenshot: Is social media heading for a new era of privacy? January 15, 2021 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week **Media Moment of the Week: CNN’s crowbar correction **Whatsapp’s privacy exodus **Music touring: A victim of Brexit? Media Moment of the Week Given the extent of the carnage at the Capitol last week, reporters [...]
Govt says it won’t lower employment rights in Brexit wake January 15, 2021 The government has rejected a report that it plans to tear up EU employment protections, which include the 48-hour working week. The deregulation is being put together by the business department with Downing Street’s blessing, the Financial Times reported, but has not yet been agreed by ministers. The main areas of focus were reportedly on [...]