Before the Bell: Preparations start for a no deal Brexit December 11, 2020 It was another mixed session for European stocks yesterday, with the FTSE100 outperforming on the back of a slightly weaker pound, but it was notable that we saw heavy falls in UK banks and other stocks with a domestic focus on no deal Brexit concerns. Brexit talks With UK/EU trade talks extended to the weekend, [...]
Boris Johnson facing legal challenge over decision not to fire Priti Patel December 10, 2020 The FDA Union is suing Boris Johnson after he overruled allegations of bullying by Priti Patel.
London ‘facing Tier 3 before Christmas’ as coronavirus cases hike in two-thirds of boroughs December 10, 2020 London risks being plunged into Tier 3 before Christmas as the latest official data showed infections are on the rise in two-thirds of boroughs. Mayor of London Sadiq Khan yesterday urged people in the capital to to “follow the rules” after Public Health England figures released earlier this week showed Covid-19 cases rising in 21 [...]
Sadiq Khan urges Londoners to ‘follow the rules’ to avoid Tier 3 before Christmas December 9, 2020 Sadiq Khan has urged millions of Londoners to “follow the rules” amid mounting fears the capital faces Tier 3 restrictions following a sharp spike in coronavirus cases. The mayor of London today issued a plea for people in the capital not to lower their “guard”, as he appealed for Londoners to follow the current Tier [...]
Before the Bell: Boris heads to Brussels December 9, 2020 After a negative start to the week on Monday, markets in Europe trod water yesterday, awaiting the next developments as we head towards the final denouement of the saga of the EU/UK trade talks, while the first day of the vaccine rollout in the UK also drew a lot of attention. “Ordinarily an event such [...]
Britain ditches controversial Internal Market Bill clause in Brexit divorce deal December 8, 2020 The government will ditch parts of the Withdrawal Agreement that would have seen the UK break international law, after reaching an “agreement in principle” on Brexit divorce issues. Cabinet Office minister Michael Gove said he was “delighted” to have reached a compromise with European Commission vice-president Maros Sefcovicon on post-Brexit arrangements for the Irish border. [...]
Sadiq Khan launches £1m Resilience Fund for London’s post-pandemic recovery December 4, 2020 The Mayor of London announced the launch of a £1m Resilience Fund, partnering community groups and innovation experts to tackle London’s most pressing challenges. The Resilience Fund will be delivered in partnership with Nesta Challenges, an innovation foundation. Local authorities, public agencies, social enterprise will be asked to identify specific challenges they need solved. Sadiq [...]
Crossrail employs 140 drivers on £62k more than a year before line is due to open December 4, 2020 Crossrail has employed 140 drivers to operate its trains in central London, even though trial runs will not start until next year. Drivers’ union Aslef confirmed that pay for Crossrail drivers is set at £62,533 per year with a 2 per cent pay rise due to come into place next April. Transport for London (TfL) [...]
O Come, Emmanuel: Hopes of Brexit trade deal run thin as Macron toughens stance December 4, 2020 The latest Brexit talks between the UK and EU “did not go well”, according to reports, as British officials accused French President Emmanuel Macron of making fresh demands at the eleventh hour. Macron is understood to have remained unwavering in his demand that France preserves a substantial portion of existing fishing rights in British waters [...]
Biden names top economic advisers as Arizona, Wisconsin certify vote results December 3, 2020 Biden officially names Janet Yellen as Treasury secretary, setting stage for a more diverse White House