Jacob Rees-Mogg meets energy giants in bid to boost North Sea oil and gas supplies August 30, 2022 Senior Government Minister and Liz Truss backer Jacob Rees-Mogg has been meeting with oil and gas companies.
Chancellor Zahawi on US trip in effort to bang the drum for London finance August 30, 2022 Chancellor Nadhim Zahawi will embark on a US trip this week in an attempt to bang the drum for Britain’s post-Brexit financial future. Zahawi will visit the New York Stock Exchange and meet with senior global bank representatives with “the aim of setting the highest possible standard for global financial services co-operation between the two [...]
If Truss makes it to the top job, she’ll need a different tune to unite the party August 30, 2022 We are almost there. Only a week now remains of what has seemed an endless battle for the leadership of the Conservative Party. The result will be announced on the fifth of September and the winner will then become prime minister and begin to form an administration. At the moment, the received wisdom is that [...]
Brexit: Large UK corporations suspected of underpaying more than £25m in taxes August 30, 2022 Large UK corporations have been suspected of underpaying £25.3m in post-Brexit import duties from the EU. Research from multinational law firm Pinsent Masons showed that the amount of taxes under consideration by the HMRC has increased by 97.5 per cent in the year ended 5 April, going up from £620,000 in 2021. “The amount of [...]
Let’s ensure London’s job market stays an attractive proposition for this year’s cohort August 30, 2022 We all remember that nervous feeling on exam results day. No matter your age, that trepidation never leaves you. This year’s A-Level and GCSE students faced challenges most of us could barely imagine. Months of learning remotely and little previous exam experience added to the usual pressure. Yet, this year’s cohort demonstrated remarkable tenacity to [...]
Pubs and brewers at risk from energy crisis, warn UK’s biggest pub companies August 30, 2022 Pubs and brewers across the UK are at risk of closure within months amid price hikes upwards of 300 per cent, industry bosses have warned. Bosses of six of the UK’s biggest pub and brewing companies have signed an open letter to the Government urging it to act in order to avoid “real and serious [...]
Insolvencies jump for small production firms despite TV and movie boom August 30, 2022 UK film and TV production company insolvencies jumped 69 per cent in the past year, as staff shortages continue to batter indie firms.
A new, simplified visa system could attract the fresh talent our tech sector badly needs August 30, 2022 People are the most important input for a successful tech startup. But there are more jobs that require data literate people than there are workers to fill them; two thirds of businesses say they struggle to fill their tech roles. Solving this problem is one of the most important actions our new prime minister can [...]
Letters: Innovation for the City August 30, 2022 [Re: Nadhim Zahawi: The next PM will have ready-made options for the energy crisis, August 25] Zahawi’s acceptance of a raft of improvements to modernise the UK financial services sector is a welcomed and much-needed move. The UK Secondary Capital Raising Review recommendations, including the digitisation of share certificates, will strengthen the capital raising processes [...]
Financial services firms risk shortages of compliance staff August 30, 2022 Financial services firms around the world are at risk of being hit by shortages of compliance staff due to a surge in the volume of regulatory change. According to a research published today by Thomson Reuters, while 74 per cent of financial services companies expect their regulatory burden to increase in the next year, 61 [...]
