If the PM wants to make mass testing work – there must be national health passes February 22, 2021 Two things can be true at once: the roll out of vaccinations is by far the most promising development in the pandemic, and the future is still very uncertain. The Prime Minister’s new roadmap announcement this evening will likely leave many questions unanswered. Even when businesses are allowed to reopen, they face an uphill battle [...]
London holds firm as financial services centre of Europe February 22, 2021 Many European financial services firms are applying for permission to operate in the UK, signifying London will continue to be a leading player on the global financial stage post-Brexit. Nearly 1,500 EU-based financial services firms have applied for permission to operate in the UK, with around 1,000 of those planning to establish their first UK [...]
Creative, civic and commercial organisations must work together for a cultural resurgence in London February 22, 2021 The COVID-19 pandemic has hit all parts of our country but sadly, the situation facing the City’s and London’s creative sector is nothing short of a cultural catastrophe. These two words paint a simple and bleak picture but, if we work together, I fully believe that we can spark a cultural resurgence. Prior to the [...]
New UK taxes have raised £48bn in last decade, says new study February 22, 2021 The UK taxman has collected £48bn in revenue through new taxes in the past decade, according to a British accountancy group. UHY Hacker Young said the figures showed that a series of taxes under successive Conservative chancellors have “not fit in with their aim to simplify the UK tax system”. The study showed that the [...]
The City View with business journalist James Ashton February 21, 2021 City A.M. Acting Editor Andy Silvester is joined by James Ashton, the Evening Standard’s former City & Executive Editor, to discuss the latter’s new book as well as the business landscape as we cautiously enter a post-Covid world. James talks about his book The Nine Types of Leader as well as London’s place in the [...]
Brexit: UK considers tit-for-tat retaliation against EU’s British shellfish ban February 21, 2021 The UK could restrict the import of mineral water and other products from EU countries in retaliation for Brussels’ Brexit ban on British shellfish exports. The EU confirmed three weeks ago that a temporary ban on a range of shellfish – including mussels, clams, scallops and cockles – would be made permanent as they are [...]
UK to unveil new visa scheme for fintech workers February 21, 2021 Rishi Sunak will reportedly unveil a new UK visa scheme to help London’s fintech firms attract more global talent in the wake of Brexit. The new visa fast track scheme will give priority access to professionals in the tech industry to live and work in the UK as a part of the country’s new post-Brexit [...]
Rishi Sunak set to raise UK corporation tax in 3 March Budget February 21, 2021 Rishi Sunak is reportedly set to raise UK corporation tax in his 3 March Budget in a bid to raise an extra £12bn in government revenue. Sunak will help pay off for a further extension of the government’s Covid-19 support programmes by raising the corporation tax rate from its current 19 per cent to 23 [...]
Sunday Sitdown: Time Out boss Julio Bruno on the ‘renaissance’ of cities February 21, 2021 While no one could have predicted the outbreak of coronavirus, few companies have been blighted by worse timing than Time Out. In the face of shrinking revenue from its core events listings business, the media group has spent recent years shifting its focus to a new offering of food and culture markets. But when the [...]
All UK adults to be offered Covid vaccine by 31 July February 21, 2021 The UK is now aiming to have all its adults offered a first Covid vaccine by 31 July, after already administering 17m jabs. All over 50s, social and health care workers and all those who are clinically vulnerable to Covid will be offered a jab by 15 April. Prime Minister Boris Johnson said he now [...]
