Eurosceptic politicians form new post-Brexit City lobby group February 16, 2021 A group of Eurosceptic City figures and politicians have created a new UK financial services lobby group in a bid to trumpet the sector’s success post-Brexit. The body, launched yesterday, is called the CityUnited project and it aims to “combat and negate the EU’s actions” by “promoting bold new initiatives to exploit the UK’s expertise in [...]
Government report calls for regulations bonfire to give UK a ‘post-Brexit dividend’ February 16, 2021 The UK should slash regulation and overhaul the competitions authority to give the economy a post-Brexit boost, according to a report commissioned by the government. The report, written by Tory MP John Penrose, calls for the government to create a “Brexit dividend” by “replacing bureaucratic EU rules with modern, digital equivalents”. Penrose’s report, commissioned by [...]
UK and EU plan post-Brexit Northern Ireland hotline for officials February 15, 2021 The UK and the EU are planning to create an emergency hotline for officials to discuss post-Brexit problems in Northern Ireland. European Commission vice president Maros Sefcovic said the Brexit treaty’s Northern Ireland protocol needed “day-to-day care” and that Brussels and London both wanted to de-escalate tensions. Tensions have escalated in Northern Ireland since the [...]
UK to set up green finance research hubs in London and Leeds February 15, 2021 The UK government will set up a new green finance research centre based in London and Leeds to advise the private sector on sustainable investments. The £10m hubs will “provide world-class data and analytics to financial institutions and services such as banks, lenders, investors and insurers” to “better support their investment and business decisions by [...]
Treasury Committee calls for economic modelling alongside Covid lockdown roadmap February 15, 2021 Westminster’s Treasury Select Committee has called for the government to release economic and epidemiological modelling on Covid restrictions when Boris Johnson unveils his roadmap out of the lockdown. Committee chair and Tory MP Mel Stride wants chancellor Rishi Sunak to produce the combined modelling, known as epi-macro modelling, to provide businesses the economic and social [...]
UK hits 15m vaccine target by 15 February deadline February 14, 2021 The UK has reached its target of immunising 15m people by 15 February, with Boris Johnson saying the four groups most vulnerable to Covid have all been offered the vaccine in England. The Prime Minister labelled it an “extraordinary feat”. “In England, I can tell you we have now offered jabs to everyone in the [...]
Tories see vaccine bounce to take five-point poll lead over Labour February 14, 2021 New polling has revealed a post-vaccine bounce for the government, with the Tories now leading Labour by five points. The Opinium poll has Boris Johnson’s Conservatives at 42 per cent and Sir Keir Starmer’s Labour on 37 per cent. The jump has coincided with the government’s rollout of the vaccine, which has been among the [...]
Scotland to Northern Ireland underwater tunnel could be green lit next month February 14, 2021 An underwater tunnel connecting Great Britain and Northern Ireland could get the green light as early as next month. The tunnel, which could be dubbed Boris’ Burrow, would help ease post-Brexit tensions, after Boris Johnson’s withdrawal agreement created checks for some goods travelling between Great Britain and Northern Ireland. Network Rail chair Sir Peter Hendy [...]
City of London’s biggest competition post-Brexit will not be EU, says Raab February 14, 2021 The UK’s financial services industry will face its biggest post-Brexit competition from Asia and the US, according to foreign secretary Dominic Raab. Raab said EU financial capitals may “nick a bit of business here and there from the City”, but that they will not challenge London’s status as Europe’s global financial capital. It comes as Amsterdam [...]
Sadiq Khan is yet to meet half of his 2023 housing target February 11, 2021 Sadiq Khan has started less than half of the affordable houses he promised to build by 2023, new figures have revealed. Khan was given £4.82bn in 2016 by central government to build 116,000 affordable homes by 2022, however figures from the Greater London Authority show City Hall has only begun 56,239 as of December. The [...]
