Britain to rejoin EU’s R&D Horizon scheme after months of hard post-Brexit talks July 5, 2023 Britain and the European Union (EU) are edging closer to a deal on the UK’s re-entry into the Horizon Europe research programme. Sources said negotiators have produced a draft document following months of talks, with Rishi Sunak expected to consider it in the coming days. However, the prime minister could still reject the proposals over [...]
Government lags on ‘disappointing’ semiconductor strategy already as advisory panel still not announced July 5, 2023 The government’s Semiconductor Advisory Panel (SAP) announcement is almost a month late, leaving chip experts questioning the effectiveness of the national semiconductor strategy. In the national semiconductor strategy, published in May, the government said it will “formally launch the advisory panel at London Tech Week in June 2023 as part of our drive to promote [...]
Commons Committee demands answer from Asda over ‘unclear’ fire and hire evidence July 5, 2023 The Business and Trade Committee is demanding Asda provide more evidence over it’s “unclear” fire-and-rehire strategy, after some 7,000 workers were threatened with the practice back in May. Chair of the committee, Darren Jones, is hauling the ‘Big Four’ grocer back in front of MPs after it said it was “concerned about apparent discrepancies” between [...]
Crisis-hit LME hires ex-London Stock Exchange chief to manage clearing house July 5, 2023 LME Clear has turned to a former London Stock Exchange chief executive as it scrambles to restore investor confidence.
Just Stop Oil suspend play at Wimbledon after protestors invade Court 18 July 5, 2023 Wimbledon became the latest major sporting event targeted by protesters after two people wearing Just Stop Oil T-shirts invaded Court 18.
PEP talk: City minister urges FCA to review bank account closures after Farage claims July 5, 2023 Andrew Griffith has called on the financial regulator to ensure bank accounts of prominent public figures – PEPs – are not closed due to fears about political exposure. The City minister tweeted a letter to the Financial Conduct Authority (FCA) calling on the body to speed up its investigation into politically exposed persons (PEPs) account [...]
Plans to close nearly all railway ticket offices in England condemned as job losses loom July 5, 2023 Plans for a mass closure of railway station ticket offices in England have been widely condemned. Industry body the Rail Delivery Group (RDG) unveiled proposals which could lead to nearly all offices being shut, with facilities only remaining open at the busiest stations. It comes after Transport Secretary Mark Harper wrote to train operators asking [...]
Supreme becomes ‘master distributor’ for top vape brands as shares spike July 5, 2023 Supreme shares are up five per cent today as the vaping giant announced it is now the “master distributor” for UK e-cigarette brands, although the company has reported weak annual profits. The firm has been chosen as the master distributor for two leading UK vaping brands, ElfBar and Lost Mary, which it will supply to [...]
Center Parcs: £4bn deal back in spotlight as frontrunners for British resorts firm bail July 5, 2023 The £4bn deal to buy British holiday resorts firm Center Parcs is back in the spotlight after two frontrunners for sale have reportedly dropped out of the race. Its Canadian owners, Brookfield, put the six strong holiday village up for sale in May, with the sale sparking interest from a flurry of private investment firms [...]
Just Stop Oil removed by Harrods security after attempting slow march in luxury London store July 5, 2023 Just Stop Oil (JSO) supporters have marched through luxury department store Harrods in the latest stunt in the group’s ongoing protest action. The activists were pictured holding placards on an escalator in the Knightsbridge shop, before security bundled a photographer out of the building, JSO said. A number of slow marches were held on Wednesday [...]
