S&P: No-deal Brexit could threaten UK credit rating December 14, 2020 The UK’s credit rating could come under pressure if there is a no-deal Brexit that badly dents the country’s economic recovery, ratings agency S&P Global has said. It comes after Prime Minister Boris Johnson and EU Commission president Ursula von der Leyen pledged to extend Brexit talks beyond Sunday. The pound rose sharply today amid [...]
Londoners walk or cycle to avoid public transport during pandemic December 14, 2020 Nearly half of all journeys in London were walked or cycled between April and June as the pandemic changed the way people travel.
Sam Torrance: Incredible Lee Westwood deserves a place in the World Golf Hall of Fame December 14, 2020 The European Tour’s finale yesterday got the most exciting of conclusions and a delightful result. Both the DP World Tour Championship and the Race to Dubai went down to the wire, with the same three players — Lee Westwood, Matt Fitzpatrick and Patrick Reed — battling for both the tournament and order of merit titles. [...]
Sadiq Khan: London’s hard-hit businesses need more support in Tier 3 December 14, 2020 The Mayor of London, Sadiq Khan, responds to the news that London is set to enter Tier 3 restrictions from Wednesday. The Government has decided to move London into Tier 3 from one minute past midnight on Wednesday morning. This is incredibly disappointing for our businesses who have suffered so much already this year. But [...]
City of London Police look to reunite stolen bikes with owners December 14, 2020 City of London Police have launched a stolen bike gallery to reunite stolen bicycles with their owners.
London FOIL appoints Weightman’s partner as new president December 14, 2020 London FOIL has just appointed Ling Ong as their new president to lead the organisation through 2021. London FOIL is an arm of the Forum of Insurance Lawyers, concentrating on the global insurance and reinsurance markets. Ling Ong is also a partner at UK law firm, Weightmans. Ong has been appointed to replace the outgoing [...]
FTSE 100 lags but pound jumps as markets weigh Brexit latest December 14, 2020 The FTSE 100 lagged behind its European peers as the pound rose the most in nearly two months after the UK and EU agreed to extend post-Brexit trade talks. Elsewhere, stocks climbed strongly amid signs of progress in US stimulus talks, and as the country prepared to roll out the first coronavirus vaccines. London’s main [...]
Chinese regulator fines Alibaba and Tencent under antitrust laws December 14, 2020 The Chinese markets regulator has fined Alibaba and Tencent for a string of deals in its latest bid to clamp down on tech companies. The State Administration for Market Regulation announced on Monday it had fined Alibaba, Tencent-backed China Literature and Shenzhen Hive Box Technology 500,000 yuan. It comes after the regulator published draft regulations [...]
Professional recruitment market ‘remains resilient’ despite vacancy fall December 14, 2020 Despite the looming uncertainly of Brexit and the disruption of a second national lockdown, the annual percentage drop in job hiring closed during November, suggesting the sector is fairing considerably well. According to data provided by growth analytics platform Cube19, in October, the year-on-year fall in professional job vacancies stood at -38 per cent for [...]
Michel Barnier warns MEPS of short no-deal Brexit period even if deal closed this year December 14, 2020 Brussels’ chief Brexit negotiator Michel Barnier has warned MEPs today that there could still be a short period where the UK and EU have to operate on no-deal terms even if a trade deal is struck before 31 December. Barnier reportedly told an emergency meeting with MEPs this morning that there may not be enough [...]
