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.
Apple suffers setback in fight against EU’s £11.3bn tax order November 9, 2023 An EU tribunal made legal errors when it ruled in favour of Apple over a €13bn tax order, an adviser to Europe's top court has said.
UK must stop talking itself down, says Badenoch as report shows Brexit hasn’t hurt trade November 6, 2023 Business and trade secretary Kemi Badenoch has said the UK needs to stop talking itself down after a new report argued Brexit hasn’t damaged UK-EU trade to the extent some might have feared.
Post-Brexit Brits much more positive towards migration, survey finds November 3, 2023 Brits in 2022 had more positive attitudes towards immigration than at any time in two decades, a survey has found.
ECB’s rate hikes bring down inflation, but growth falls as bloc faces recession October 31, 2023 The European Central Bank's (ECB) interest rates hikes have helped to bring down inflation across the bloc, but the costs are becoming clear as growth contracted in the third quarter.
Macron proposes widening anti-Islamic State coalition to target Hamas October 24, 2023 Speaking alongside Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Macron stressed that France and Israel shared terrorism as their "common enemy".
Hunt: London’s stock market can rise above Nasdaq October 3, 2023 London’s stock market “can actually do better than Nasdaq” in some areas, Jeremy Hunt said today, as the government and regulators scramble to boost the appeal of the City amid a drop in public listings.
City firms’ regulatory burden rises as UK and EU diverge on financial rules September 27, 2023 City firms face an increasing regulatory burden as the UK and the EU begin to diverge on financial services regulation.