Brits want to stop the boats, but they also want closer trade ties with the EU July 24, 2023 Sunak's new laws to stop illegal immigration via boats on the Channel is overwhelming popular among voters, but those same people also want a warmer relationship with Europe, writes Eliot Wilson.
The next Mayor of London needs to stand up for financial services as well as housing July 24, 2023 Whoever wins the race to become Mayor of London should remind the government that levelling up cannot mean levelling down London, writes Chris Hayward
Vodafone’s merger with Three would help build the 5G network Britain needs July 24, 2023 Britain's connectivity issues are at risk of undermining the strength of our tech sector, writes Ed Vaizey.
Energy giants set for scrutiny as latest results come amid cost of living crisis July 23, 2023 Energy giants will be under fresh scrutiny this week, as the latest batch of results are announced by the world's largest oil and gas producers.
Bank bosses to discuss account closures with Treasury – reports July 23, 2023 Bosses of the UK’s major banks and financial firms have been called in for a meeting with City minister Andrew Griffith over the closing of bank accounts. According to a report from the BBC, the Treasury has drafted a letter to banks saying the issue of “client de-banking” had raised “significant concern” in parliament. Griffith [...]
HMRC recovers a ‘remarkable’ £34bn from investigations into tax evasion and avoidance July 23, 2023 Investigations into tax evasion and avoidance have yielded £34bn in extra tax revenue over the past year, according to HMRC’s annual report. Although the total this year was higher than the £30.8bn gained last year, it was still lower than the £36bn targeted by HMRC. Tax evasion, which is illegal, is when someone conceals information [...]
Bring Commonwealth Games to London, says capital business body July 23, 2023 London is the “ideal city” to host the 2026 Commonwealth Games, a top business lobby body has said. The £3.5bn, 12-day event was meant to be held in the Australian state of Victoria but premier Daniel Andrews confirmed the region had pulled out after costs tripled. Mayor of London Sadiq Khan has said London “stands [...]
Relax some net zero measures, says Michael Gove July 23, 2023 Top Conservative minister Michael Gove has called for some net zero measures to be relaxed as he warned against green policies becoming a “religious crusade”. Gove’s intervention came in the wake of a Labour defeat in the Uxbridge by-election which saw the victorious Conservative MP Steve Tuckwell run a single-issue campaign opposing the ULEZ rollout. [...]
European banks forced to hand over more liquidity data to the ECB after SVB collapse July 23, 2023 European banks will have to provide regulators more frequent information on liquidity levels starting from September, a top supervisor said over the weekend. In an interview published on the European Centra Bank’s (ECB) website, Andrea Enria, chair of the ECB supervisory board, warned that European banks were still in a “delicate phase” due to the [...]
Sadiq Khan is open to tweaking ULEZ expansion – but won’t scrap it July 23, 2023 Sadiq Khan is prepared to review the expansion of the ULEZ policy, but remains committed to delivering it, City A.M. understands. The London mayor has faced criticism after opposition to his plans to roll out the ultra low emission zone (ULEZ) across the capital played into the Uxbridge by-election defeat. Labour leader Sir Keir Starmer [...]
