UK to sign financial services deal with Switzerland December 20, 2023 Chancellor Jeremy Hunt is set to ink a financial services deal with Switzerland in a bid to ease business transactions with UK firms and individuals.
Roman Abramovich: Ex-Chelsea owner loses legal bid against EU over Putin sanctions December 20, 2023 Abramovich had filed a lawsuit at the EU’s general court against the European Union Council, which imposed the punishment on the oligarch.
The ‘biggest climate law ever’? What CBAM means for the UK December 19, 2023 “The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to the Paris Agreement? Europe’s New Green Deal? Biden’s IRA? Nope – Liese was describing the carbon border adjustment mechanism, known to nerds by the catchy acronym CBAM. This wonkish-sounding legislation [...]
Sunak warns of migrant threat as UK and Italy agree to fund Tunisia plan December 16, 2023 The UK and Italy will jointly finance a plan to return migrants in Tunisia to their home countries, as Rishi Sunak warned of the threat of migration to “overwhelm” European states.
EU agrees landmark deal on world’s first Artificial Intelligence Act December 9, 2023 European Union negotiators have clinched a deal on the world’s first comprehensive artificial intelligence rules. The agreement paves the way for legal oversight of technology used in popular generative AI services such as ChatGPT that has promised to transform everyday life and spurred warnings of existential dangers to humanity. Negotiators from the European Parliament and [...]
Strengthening EU ties will be first foreign policy goal, vows Labour’s David Lammy December 1, 2023 The MP for Tottenham added that if Labour were to win the election, there would be “a tonal shift” in UK-EU relations with a move to return to more regular talks between the governmental powers.
Dexit? Anti-EU Geert Wilders wins most votes in Dutch election as populists shock Europe November 23, 2023 Mr Wilders’ election programme includes calls for a referendum on the Netherlands leaving the European Union, a total halt to accepting asylum-seekers and migrant pushbacks at Dutch borders.
Bim Afolami: What does the Square Mile make of their new City minister? November 22, 2023 City grandees have urged new minister Bim Afolami to work with them on developing “competitive” regulation and improving entrepreneurship across the Square Mile.
It would be senseless to delay a tax supported by greenies and the steel industry November 16, 2023 Implausible though it sounds, businesses in Britain are clamouring for a new tax this Autumn Statement. Even more unlikely, both heavy industry and environmentalists are aligned in wanting it. That’s right, the unsexily-titled carbon border adjustment mechanism (which parades around the punchy acronym CBAM) has managed a feat few thought possible: the union of greenies [...]
Eurozone posts robust recovery — but forecast notes EU economy has ‘lost momentum’ November 15, 2023 In its new Autumn forecast, the Commission predicted that the currency union would grow 0.6 per cent in 2023, a downgrade on its previous forecast of 0.8 per cent.