Germany hits back at US patent waiver proposal for Covid-19 vaccines May 7, 2021 Germany has rejected the Covid-19 vaccine patent proposal today, urging that production capacity is key to boosting vaccine output. The country’s health minister said the primary challenge to increasing production volumes of vaccines is quickly and effectively transferring technology. “The main issue is not patent protection but production capacity,” Jens Spahn, said at a news [...]
City Corporation calls on policymakers to help UK compete with US for tech listings May 7, 2021 | City Talk The City of London Corporation has today (7 May) published a new research report calling on policymakers to take vital steps to improve the UK’s attractiveness as a destination for new listings. London’s Equity Capital Markets Ecosystem finds that the UK should act to address the current disparity which exists with competitors, notably the US which [...]
SOX or no SOX? The focus on internal control is here to stay May 7, 2021 | City Talk The UK Government is considering whether to introduce something along the lines of SOX. Regardless of where we end up following the current consultation process, it will almost certainly not be the end of the debate on internal control. More than twenty years have passed since the corporate collapse of Enron. The response of the [...]
Early London mayor election in-person turnout just 12 per cent of 2016 May 6, 2021 Internal Labour polling numbers are showing in-person turnout as of noon in today’s London mayor election was just 11.6 per cent of the total 2016 turnout, raising fears among Sadiq Khan’s camp about a surprise defeat. It is expected there will be many more postal votes this year, due to Covid-19, however it is unknown [...]
New City of London Corporation Finance Committee Chairman elected May 6, 2021 | City Talk Jamie Ingham Clark has today [6 May] been elected as the new Chairman of the City of London Corporation’s Finance Committee. Jamie, who previously served as Deputy Chairman, will lead the Committee responsible for stewardship of the City Corporation’s funds. The Committee aims to ensure the organisation achieves value for money in all its activities and maintains a [...]
Irish government warns against the UK shielding Troubles soldiers from prosecution May 6, 2021 The Irish government has urged against the UK protecting former soldiers who served in Northern Ireland during the Troubles from facing prosecution, a foreign ministry spokesman said. It was reported by the Daily Telegraph yesterday that the UK government is looking to propose a ban on prosecutions of Northern Irish veterans, under new legislation to [...]
Gen Z question the integrity of business leaders May 6, 2021 Those aged between 18 and 25 have questioned the motives of the business world, with fewer than four in 10 believing business leaders have integrity and do what they say. Similarly, Gen Z was sceptical about businesses’ contribution to net zero, with just a quarter (26%) believing companies are contributing towards the fight against climate [...]
Mayor of London election: Candidates cast their votes across the capital May 6, 2021 Sadiq Khan, Shaun Bailey and Luisa Porritt have been seen out at polling stations casting their vote this morning for today’s mayor of London election. Khan, Labour’s incumbent mayor, was seen at a Tooting polling station this morning with his wife Saadiya and their dog Luna. The mayor had already voted by post, but Saadiya [...]
City Corporation releases new CGI images of the future City skyline May 6, 2021 | City Talk The City of London Corporation has today (6 May) released updated images visualising how the Square Mile’s skyline will look by the mid 2020’s. The new images capture all major developments which have been resolved to approve by the City Corporation’s Planning and Transportation Committee over the past 12 months including 50 Fenchurch Street, 55 Gracechurch [...]
London-born Eastenders actor claims he is facing deportation to Jamaica May 6, 2021 A London-born actor has claimed he is facing deportation to Jamaica, just days after the Home Office opened visa pathways for winners of awards. After battles with the Home Office, Ace Ruele Aristotles’ Limited Leave to Remain was downgraded to temporary and must be renewed every 30 months, costing £2,389 each time. “Why should I [...]