CBI warns of rising taxes and stagnant business investment under Boris Johnson September 13, 2021 One of the UK’s most influential business groups has cautioned Boris Johnson about recent tax rises, warning that he must concentrate more on stoking business investment post-Covid. CBI director-general Tony Danker will tomorrow tell the Alliance Manchester Business School that a “return to business as usual in our economic policy, at this unique moment in [...]
Liz Truss to speak to India commerce minister tomorrow about trade deal September 12, 2021 International trade secretary Liz Truss will meet her Indian counterpart tomorrow to outline the timetable for negotiations for a UK-India trade deal. Truss will meet with India’s minister for commerce and industry Piyush Goyal, after the consultation period for the UK-India deal finished on 31 August. The two sides are hoping to commence negotiations for [...]
US activist fund Causeway Capital builds major stake in WH Smith September 12, 2021 Activist US fund Causeway Capital has amassed a £178m stake in WH Smith as the retail giant tries to get back on its feet post-Covid. Causeway Capital, which is based in Los Angeles, this month increased its share in WH Smith to 9.05 per cent and is now the retail chain’s largest single shareholder. WH [...]
Sir Keir Starmer to publish 14,000-word mission statement in leadership reset September 12, 2021 Sir Keir Starmer will publish a 14,000-word mission statement with the Fabian Society to signal a reset of his party leadership to Labour members. The essay, which has been confirmed by the historic Labour think tank, will come out just before the party’s conference at the end of this month and will attempt to silence [...]
Mandatory Covid vaccine passports for night clubs and events scrapped September 12, 2021 Sajid Javid has announced the government will not be moving forward with plans to implement mandatory vaccine passports for night clubs and large-scale events. The measure will be scrapped, after two weeks of assurances from Number 10 and ministers that they would still be brought in at the end of this month. Boris Johnson originally [...]
Sajid Javid says he wants to drop PCR tests for travel ‘as soon as I possibly can’ September 12, 2021 Sajid Javid has said he wants to ditch PCR tests for double vaccinated travellers entering the UK “as soon as I possibly can”. The health secretary said today that the UK shouldn’t keep those restrictions in place for “longer than is absolutely necessary”. Everyone who enters the UK has to show proof of a negative [...]
Scott Morrison confirms climate targets dropped from UK-Australia trade deal September 9, 2021 Australian Prime Minister Scott Morrison has today confirmed the UK-Australia trade deal will not include binding commitments to climate change targets from the Paris Agreement. Morrison said it “wasn’t a climate agreement, it was a trade agreement”, which puts him at odds with the UK government who have claimed in the past 24 hours that [...]
France says ‘non’ to Patel plan to turn back migrants in Channel September 9, 2021 France has refused to accept Priti Patel’s plan to send boats of migrants back across the English Channel. France’s interior minister Gerald Darmanin tweeted this morning that he will not “accept any practice contrary to the law of the sea nor any financial blackmail”, after Patel threatened to withhold millions of pounds she previously promised [...]
Exclusive: UK looks to close investment deals with Gulf states at October summit September 8, 2021 The UK will try to use a major summit next month to close a series of investment deals potentially worth billions of pounds with Gulf countries like Saudi Arabia, Qatar and Oman. The Global Investment Summit will see Boris Johnson and international trade secretary Liz Truss focus their energies on trying to broker investment deals [...]
UK buckled under Australian pressure and removed climate goals in trade deal September 8, 2021 The UK bowed to pressure from the Australian government and agreed to take out climate commitments in a free trade deal, it has been revealed. The UK-Australia trade deal will not contain binding commitments on reaching climate goals set at the landmark 2015 climate summit in Paris, after Canberra pushed for it to be dropped [...]