Business body calls for closer UK-US trade ties April 25, 2022 ONE OF Britain’s largest business groups will join growing calls for an ambitious trade deal between the US and the UK. The British Chambers of Commerce chief Shevaun Haviland will say that trade is vital to the UK’s economic recovery after Covid-19 when she speaks at an event later today. A cross-Atlantic trade deal has [...]
Priti Patel’s single minded focus on the Channel has let talent leave our shores April 25, 2022 Immigration is an issue which cuts through. We have seen this with the firestorm following the announcement about how future migrants crossing the Channel will be diverted to Rwanda. The Home Office has pursued it with distinctive single-mindedness, precisely because of its political pull. One of the most powerful slogans of the Brexit referendum campaign [...]
UK house prices hit ‘hat-trick’ new high, climbing more than £5.5k since March April 25, 2022 The average price of a home has hit its third record high in just three months, as spiralling costs dampen the hopes of Londoners looking to climb the ladder. Prices have jumped 1.6 per cent since March – the equivalent of £5,537 – to £360,101 on average across the UK, according to Rightmove today. With [...]
The Square Mile’s efforts on sustainability must be grounded in real action – not claims April 25, 2022 Earlier this month, the City saw the familiar banners and heard the recognisable chanting of Extinction Rebellion, who made their way across the Square Mile. Protests like theirs have become commonplace globally. Whether you agree with their tactics or not, it is impossible to deny that their actions reflect a shift in the public mood. [...]
Small businesses suffer unprecedented cost assault in sign of more economic woe April 25, 2022 Swelling costs are eating away at small businesses’ margins in a sign that a key engine of the UK’s recovery is beginning to stall, reveals fresh research published today. Nearly nine in 10 small businesses have experienced an uptick in their operating costs, squeezing their room to combat what is expected to be a weaker [...]
CBI president: UK needs to tap into fintech’s ‘flotilla of benefits’ April 25, 2022 The UK needs to tap into “a flotilla of benefits” on offer from the country’s world-beating fintech sector, the president of Britain’s top business group will urge today at a gathering of the City’s biggest and brightest minds. Lord Bilimoria, president of the Confederation of British Industry (CBI) and a cross-party peer, will stress to [...]
Not all fluff: UK’s largest laundry service snaps up rival April 25, 2022 The UK’s largest on-demand laundry and dry-cleaning service Laundryheap has snapped up its rival to become a clothes-cleaning-behemoth.Laundryheap, founded in 2014, has bought Laundrapp from Inc Retail for an undisclosed sum. The London-based company, which partners with Holiday Inn, Premier Inn, Best Western and Just Eat, operates in 10 markets outside of the UK, including [...]
MPs say UK’s Covid restrictions on air travel were ‘disproportionate’ April 25, 2022 The UK government’s restrictions on air travel during Covid-19 were “disproportionate to the risks to public health” and led to a severe shock to the aviation sector, according to a Westminster committee. A new report from MPs on the Transport Committee also said the restrictions regime for international travel was “not transparent or consistent, nor [...]
Macron wins second term as president, projections show April 24, 2022 Emmanuel Macron has secured a second term as president of France after securing 58 per cent of votes, projections have revealed.
Rishi Sunak to host major City figures at £10,000-a-table Tory fundraiser April 24, 2022 Rishi Sunak will host City heavyweights at a £10,000-a-table Tory fundraiser next week as he tries to court new major donors for the party. Investment banker and Conservative party treasurer Malik Karim has organised the event, which will see the chancellor as guest of honour. Sky News reports that the event will be held at [...]
