Re-focusing on Brexit as we look to the future July 15, 2020 The UK Government has confirmed that it will not request an extension to the Brexit transition period which ends on 31st December 2020 and negotiations towards a Free Trade Agreement with the European Union (EU) are ongoing. Although the first half of this year has brought other priorities it’s now time to return our attention [...]
CVC looks to add coronavirus clauses to Six Nations investment July 15, 2020 CVC Capital Partners is reportedly looking to add coronavirus clauses to its planned £300m investment in the Six Nations rugby union tournament, which will allow the buyout firm to withhold funding if the pandemic disrupts the sport further. The private equity group is in the final stages of agreeing on a deal to take a [...]
Boris Johnson refuses to censure British Airways on workers conditions July 15, 2020 Boris Johnson has refused to condemn British Airways for planning to rehire 30,000 workers on worse conditions in a fiery Prime Minister’s Questions (PMQs). Sir Keir Starmer pushed the Prime Minister on whether the coronavirus bail outs, loans and grants should come with conditions that companies do not diminish workers’ rights. It was reported two [...]
Trump on UK’s Huawei U-turn: ‘I did this myself’ July 15, 2020 US President Donald Trump has said he is responsible for the UK’s reversal on an earlier policy decision regarding Chinese tech firm Huawei. The government said yesterday Huawei equipment must be purged completely from the UK’s 5G network by the end of 2027. “We convinced many countries, many countries — I did this myself for [...]
Kanye West drops out of 2020 presidential race July 15, 2020 Kanye West has reportedly dropped out of the presidential race less than two weeks after announcing his bid for the White House. On Tuesday, a member of West’s campaign team told Intelligencer that the rapper would no longer be contesting the election. “He’s out,” said Steve Kramer, a get-out-the-vote specialist working with West. Kramer told [...]
No more posturing — impact matters more than dogma in the fight against climate change July 15, 2020 “As the number of products that claim to be linked to firms’ sustainability performance increases, we need to be careful to ensure that investors do not end up buying products that are marketed as sustainable when in reality they are not”. That’s the view of Steven Maijoor, chair of the European Securities and Markets Authority. [...]
Tube cleaners accidentally scrub out Banksy coronavirus artwork July 15, 2020 Artwork worth potentially hundreds of thousands pounds by street artist Banksy was removed from a London Tube carriage accidentally, after cleaners had no idea about the value of the works. Transport for London (TfL) removed the artwork, after the world-renowned artist painted a series of his trademark rats posing with face masks, due to TfL’s [...]
Knowing V, Knowing U: The shape of the recession July 15, 2020 On Tuesday, the Office for National Statistics released data on UK GDP for the month of May. It showed that the economy had recovered by just 1.8 per cent in May, following a sharp contraction of 20.4 per cent in April. Many commentators and economists voiced their disappointment at these figures, and ruled out the [...]
Is the office an analogue product in a digital world? July 15, 2020 Reports of the death of the office are premature, but change is coming as Covid-19 means more of us will work from home in the future. The Covid-19 pandemic has acted as a catalyst, accelerating a number of global trends. One of the most significant of these is working from home, a trend which is [...]
Apple wins appeal against EU’s €13bn Irish tax fine July 15, 2020 Apple has won an appeal against the European Commission over €13.1bn in back taxes it was ordered to pay the Irish government in 2016. The tech firm was fighting alongside Ireland to challenge the EU’s ruling, which said the pair violated state aid rules in a tax deal that permitted Apple to record its sales [...]
