Liz Truss to meet US counterpart to discuss UK-US trade deal June 16, 2021 International trade secretary Liz Truss will meet with her US counterpart today to hold discussions over the UK-US trade deal and on ending the long-running Airbus-Boeing trade dispute. Truss will meet with US trade representative Katherine Tai in London for their first face-to-face meeting, with the pair also set to discuss “our overall approach to [...]
David Frost: UK-EU Northern Ireland negotiations making little progress June 16, 2021 Talks between the UK and EU over post-Brexit conditions in Northern Ireland are still making “little progress” as tensions remain high, according to UK-EU minister Lord David Frost. Frost said that “we would prefer to find negotiated ways forward”, but that “all options remain on the table”. Last week’s G7 summit in Cornwall was often [...]
Government taskforce calls for easing of UK finance regulations to ‘unlock’ £100bn in investment June 15, 2021 A government taskforce has urged Boris Johnson to shed a range of UK regulations on finance post-Brexit to “unlock” more than £100bn of investment in small businesses and high-growth tech firms. The Taskforce for Innovation, Growth and Regulatory Reform (TIGGR), led by former Tory leader Sir Iain Duncan Smith, called for changes to allow pension funds to easier invest in high-risk, [...]
Exclusive: Lib Dems and Tories neck-and-neck in Chesham and Amersham by-election poll June 15, 2021 Internal party polling shows the Lib Dems are fast closing on the Conservatives in the Chesham and Amershan by-election race, with one party analyst “confident” they can claim an upset victory. Liberal Democrat polling figures, seen by City A.M., put the party on 41 per cent and the Conservatives on 45 per cent just days [...]
Treasury and LSE call on EU for more co-operation on financial services post-Brexit June 15, 2021 The Treasury has called on the EU to engage more deeply with the UK government on the future of financial services post-Brexit. Katharine Braddick, the Treasury’s director of financial services, said today that both parties need to “get on” with outlining the post-Brexit relationship between the UK and EU on financial services. It comes as [...]
Ryanair boss says UK and EU flying bans over Belarus ‘not the way forward’ June 15, 2021 The UK and EU’s bans on flights crossing over Belarussian airspace is “not the way forward” and should not be in place long-term, according to Ryanair chief executive Michael O’Leary. O’Leary told MPs today that the Belarussian government’s move to ground a Ryanair flight and detain an opposition journalist was a “state sponsored hijacking”, but [...]
G7: What was agreed at the 2021 Cornwall summit on vaccines to climate change June 13, 2021 The 2021 G7 summit wrapped up today, after three days of meetings between leaders of the world’s richest democracies on Covid vaccines, the globe’s economic recovery and the environment. Amongst some occasional drama around Brexit and the UK-EU relationship, the seven leaders – from the US, UK, Canada, Italy, France, Japan and Germany – came [...]
G7 2021: Joe Biden urges the West to get tough on China June 13, 2021 Joe Biden has called on democratic western nations to collectively get tough on China and other “autocratic governments around the world” in order to win a grand battle of ideologies. The US President used much of his G7 summit press conference to call out China’s human rights abuses, unfair trading practices and increasingly aggressive foreign [...]
Boris Johnson plays down UK-EU rift over Northern Ireland at G7 summit June 13, 2021 Boris Johnson has tried to play down tensions between the UK and EU over Northern Ireland, after days of tense exchanges with European leaders at the G7 summit in Cornwall. Johnson said at his closing press conference that “the vast majority of the conversations we’ve had over the past three or four days have been [...]
Boris Johnson says it ‘doesn’t look’ like Covid came from Wuhan lab as G7 summit ends June 13, 2021 Boris Johnson has said he does not believe Covid-19 originated in a Wuhan lab in his closing press conference at the G7 summit in Cornwall. Johnson said that “the advice we’ve had is that it doesn’t look like this particular disease of a zoonotic origin came from a lab”, after the G7 leaders spoke about [...]