PM: Brexit deal will allow the City to thrive like ‘never before’ December 24, 2020 Prime Minister Boris Johnson has said that the Brexit deal signed today will allow the City to thrive “like never before.” Asked about how much financial services figured in the deal, Johnson said there was “good language on equivalence.” He hinted that the European Union had pushed back on closer integration in the sector. “It [...]
New: Parliament to vote on Brexit deal on December 30 December 24, 2020 PM Boris Johnson has said he “hopes” Parliament will vote through his Brexit deal on December 30. The treaty will need to be ratified in Westminster in order for it come into force in time for our departure. The UK will leave the customs union and single market on December 31. Read more: Deal finally [...]
Breaking: Brexit Deal is done and PM to address nation at 3pm December 24, 2020 A Brexit trade deal has been struck. Boris Johnson and European Commission President Ursula von der Leyen have been locked in talks for days to complete a deal. Ursula von der Leyen said at a press conference: “We have finally found an agreement. It was a long and winding road but we have got a [...]
Sterling hits $1.36 amid relief over Brexit deal December 24, 2020 Sterling extended gains on Thursday and hit $1.36 on the news that a Brexit deal has been agreed. Sterling had this morning been boosted by speculation, rising 0.47 per cent to $1.35, up 0.6% on the day and heading towards the 2-1/2 year high of $1.3625 hit last week. The pound edged up to 90.05 [...]
For cod’s hake: Last minute fishing hitch delays Brexit announcement; deal could still be hours away December 24, 2020 Talks to finalise the Brexit deal have dragged into the early afternoon, with reports suggesting it could still be “several hours” before negotiations finish. Boris Johnson and Ursula von der Leyen spoke this morning to tie up a post-Brexit trade deal. The call marks the end of weeks of negotiations, with a deal held up [...]
The Midnight Sky review: George Clooney’s sci-fi flop December 24, 2020 George Clooney’s latest effort The Midnight Sky is a no-lose scenario for the star. Its release on Netflix means it won’t risk the ignominy of box office failure, a fate that befell his most recent film Suburbicon, and 2015 mega-bomb Tomorrowland. As well as lower stakes, the streamer has given him a broader canvas, with [...]
FTSE falls into the red as Brexit deal wait continues December 24, 2020 The FTSE 100 has fallen into the red as mid morning passes and the UK waits to hear if it has secured a deal with the European Union. At just past 11am London’s main market dropped 0.44 per cent after initially opening on the up. The market opened up 66 per cent this morning, following [...]
China bans flights from UK as global fears of mutant strain mount December 24, 2020 UK flights into China have been suspended by Beijing as worldwide fears of Covid-19 mutations found in Britain grow. The move comes with China having largely suppressed the virus on its mainland, despite its origin there. Read more: Brexit deal looks imminent and sterling rises alongside hopes China’s decision to block flights from the UK [...]
Trump pardons prison pals in final weeks of office December 24, 2020 Donald Trump has pardoned a number of people close to him and his family as one of his final acts as President of the United States. Trump has pardoned his former campaign manager Paul Manafort, ex-adviser Roger Stone and the father of Trump’s son-in-law Jared Kushner. Manafort and Stone were both convicted of crimes relating [...]
Banks amongst winners on FTSE as City waits for trade deal confirmation December 24, 2020 Lloyds Bank and Natwest are amongst those enjoying a Brexit deal boost on the FTSE 100 today. Lloyds is up more than 4 per cent on the last day of trading before Christmas. Natwest is also up. The deal is expected to be announced by Boris Johnson and Ursula von der Leyen within the next [...]
