Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Brexit: ‘Some progress’ made in trade talks this week, says UK negotiator November 15, 2020 There has been “some progress” this week in UK-EU post-Brexit trade talks, according to UK chief negotiator David Frost. Frost tweeted today that the two sides “largely have common draft treaty texts, though significant elements are of course not yet agreed” and that talks will restart today in Brussels. This week’s soft deadline to get [...]
EU watchdog seeks to quell worry over cross-border investment funds November 13, 2020 The EU’s securities watchdog has said there is no call for a fundamental change in how investment funds in the European Union can be run by asset managers based outside the bloc. The European Securities and Markets Authority (ESMA) alarmed the global funds industry in August when it said that safeguards introduced ahead of Brexit [...]
Coronavirus: Grant Shapps rules out Brexit disruption to vaccine delivery November 13, 2020 Grant Shapps has ruled out potential disruption to deliveries of a coronavirus vaccine by post-Brexit border delays. The transport secretary today said there is a “back-up to the back-up” to prevent any hiccups, amid concerns delivery of the Belgium-manufactured Pfizer jab could be jeopardised if the UK fails to secure a trade deal with the [...]
DEBATE: Will the National Security and Investment Bill make it harder for the UK to remain a business hub? November 13, 2020 Max von Thun, senior associate at political advisory firm Global Counsel, says YES. Under the screening regime proposed by the new National Security and Investment Bill, a much higher number of deals will be subject to potential government intervention on national security grounds for up to five years after they have taken place. In addition [...]
New FCA chief tells City: ‘We are committed to open markets’ post-Brexit November 12, 2020 The Financial Conduct Authority (FCA) is committed to maintaining open financial markets following the end of the Brexit transition period, warning that not doing so will disrupt the city. Speaking today at Mansion House in an address to city regulators, new chief executive Nikhil Rathi said the watchdog had been keeping its focus on readiness [...]
Editorial: Downing Street’s political infighting mirrored in Brexit strategy November 12, 2020 Downing Street's political infighting mirrored in Brexit strategy
UK regulators prepared to intervene if Brexit disrupts markets, says FCA November 12, 2020 British regulators are prepared to intervene if the UK’s full departure from the European Union on 31 December risks disrupting financial markets, an executive from the Financial Conduct Authority (FCA) said. While Britain has already left the bloc, post-Brexit transition agreements gives banks and trading platforms full access to EU markets until the end of [...]
City of London to be shut out of EU with no equivalence deal from January November 12, 2020 Brussels looks set to lock the City of London out of European markets from 1 January, with the EU not planning on granting regulatory equivalence for the whole bloc before the end of the Brexit transition period.
UK must ‘knuckle down’ to get EU trade deal, says Irish PM November 12, 2020 The UK must “knuckle down” to secure a post-Brexit trade deal with the EU, the Irish prime minister has said. Taoiseach Michael Martin said failing to reach an agreement would be “very, very damaging all round”. The UK is running out of time to secure a trade deal with the bloc before the transition period [...]
Customs chaos looms as ‘haulier’s handbook’ delayed for a month November 11, 2020 Hauliers will have just three weeks to familiarise themselves with the new regulations for transporting goods into the EU from 1 January, it was revealed today. The so-called “Hauliers’ handbook” had been due to be released at the beginning of November but will now be unveiled in full on 7 December. Speaking to the Parliamentary [...]