A net zero future depends on open trade of green goods and services September 20, 2021 In the future when historians look back at 2021 they could well see it as a turning point. A time when after witnessing unprecedented wildfires, flash flooding and extreme winds, the world finally took notice and came together to tackle climate change. Or they could see it as a time when the world squandered this [...]
Prospective dealmakers put off by tightening UK regulation – CityAM : CityAM September 20, 2021 A survey of dealmakers revealed widespread concern about upcoming changes to the UK’s regulatory environment which threaten to halt a flurry of activity seen during the pandemic. Cheap valuations of London listed companies post-Brexit have turned the UK into a prime location for dealmaking with approximately £166bn of merger and acquisition deals completed so far [...]
Editorial: London’s back and will remain a giant among cities September 20, 2021 “Come out of the cupboard, you boys and girls.” So snarled Joe Strummer on The Clash’s London Calling – an iconic rallying cry that we have borrowed for today’s front page. Whether the London legend foresaw the strange places in which we’d one day be making pandemic-induced Zoom calls is up for debate. Regardless, it [...]
Starters, mains and a side order of inducement: why that extra bottle could land you in trouble September 20, 2021 Many financial services sector city workers who have been working from home over the last eighteen months are now emerging butterfly-like from their home-office chrysalis and returning to the office. Enthusiasm and appetite for the working lunch have also returned, with socialising around work firmly back on the menu. It is not surprising to read [...]
Exclusive: London’s first ever data charter launched September 20, 2021 One of London’s leading business associations has today launched the capital’s first ever Data Charter to help businesses tackle some of the biggest challenges facing the city. Drawn up by law firm Pinsent Masons for London First, the charter provides a framework for private and public companies across the city to collaborate and share data. [...]
New international trade secretary to call for easier online trade in first speech September 20, 2021 The new international trade secretary will today outline a five-point plan to make it easier for businesses to digitally sell their products overseas. Anne-Marie Trevelyan will use her first speech since being appointed to the role to call for a reduction to “digital barriers” from “countries who take a protectionist approach” at London Tech Week. [...]
New poll: 53 per cent of UK thinks Brexit deal has ‘created more problems than it solved’ September 20, 2021 More than half the UK believes Boris Johnson’s Brexit Withdrawal Agreement “has created more problems than it [has] solved”, according to new polling. The survey by Opinium on behalf of Best for Britain, an anti-Brexit think tank, found just 15 per cent of people think it has done the opposite. The survey also found that [...]
Heathrow vs airlines: Dispute intensifies over plans to double airport charges September 19, 2021 Airlines have condemned Heathrow over plans to almost double landing charges, in the airport’s latest attempt to claw back losses after the pandemic halted international travel. Long-haul passenger charges will surge from £38.33 per traveller this year to £67.86 in 2022, according to leaked Heathrow proposals first reported by the Telegraph. But airline carriers have [...]
UK energy provider Bulb seeks emergency fund injection September 19, 2021 The UK’s sixth largest energy company, Bulb, is racing to secure an emergency cash injection to avoid collapse as a record spike in energy prices uproots the sector. The energy startup, which supplies electricity and gas to 1.7m customers in the UK, is seeking advice from investment bank Lazard in an attempt to shore up [...]
China doubles down on private sector onslaught September 19, 2021 China’s top regulators have defended their intensifying clampdown on several industries of the country’s economy at a meeting with Wall Street executives. The vice chair of the China Securities Regulatory Commission told leaders of some of the US’s largest companies that its crackdown of consumer-facing and tech businesses was intended to improve data privacy and [...]
