Brexit: Frost to discuss Northern Ireland Protocol proposals on Friday with EU October 14, 2021 Defacto Brexit minister Lord David Frost will meet with his EU counterpart tomorrow in a bid to bridge the “substantial gap” between the UK and EU on the Northern Ireland Protocol, the British government has said tonight. A UK government spokesperson said the EU’s new proposals on how to implement the protocol were proof of [...]
Joe Biden confirms that he will attend Cop26 in Glasgow next month October 14, 2021 Joe Biden will attend the Cop26 climate summit in Glasgow later this month, it has been confirmed. The President’s attendance was confirmed by the US’ Chargé d’affaires to the UK Philip Reeker, who said “the gathering in Glasgow will be a pivotal moment on the road towards a more secure, prosperous, and sustainable future for [...]
UK must be willing to drop environmental standards to close trade deals, says leaked government email October 14, 2021 The government should be willing to water down its environmental standards to persuade other countries to sign trade deals, according to a leaked email circulating around the Department for International Trade. The letter, which was sent to around 120 civil servants across Whitehall this week, said the government should allow other countries to include products [...]
Labour is a ‘low tax party’, claims senior shadow minster October 14, 2021 Labour is now the UK’s “low tax party” after a series of tax hikes by the government, according to shadow health secretary Jonathan Ashworth. Ashworth said that Rishi Sunak’s They’ve just put up tax, haven’t they, just imposed a tax rise on everybody and yet they don’t seem to have given a fair allocation of [...]
Exclusive: UK set to keep EU cap on bankers’ bonuses post-Brexit October 14, 2021 The UK is set to keep the EU’s cap on bankers’ bonuses, with the Treasury instead focussed on a range of other measures to shake up financial services regulation post-Brexit. Treasury sources say the measure is not even being discussed by chancellor Rishi Sunak and that it will not be scrapped any time soon. The [...]
TfL moves to open Night Tube next month on Central and Victoria lines October 14, 2021 Sadiq Khan has announced today that the Night Tube will be back open next month on the network’s two largest lines. The 24-hour weekend London Underground service will resume on the Central and Victoria lines, after being suspended at the start of the Covid-19 pandemic. It comes after a wave of complaints in recent weeks [...]
Westminster committees: ‘Berlin Wall of digital literacy’ is crippling UK’s poorest October 13, 2021 The government must tear down the “Berlin Wall of digital literacy” between the UK’s richest and poorest households or risk increasing inequality, according to the chairs of two Westminster committees. Education Select Committee chair Robert Halfon and Digital, Culture, Media and Sport Select Committee chair Julian Knight said in a joint statement that the digital [...]
UK must subsidise R&D into green technology, says Tory think tank October 13, 2021 The government must create a new high-risk laboratory to research cutting edge green technology and hand out tax breaks for businesses that replace gas boilers with heat pumps, according to a leading Tory think tank. Onward, which is run by a large number of Conservative MPs and party grandees, today said in a new report [...]
Brexit: Frost says UK will accept nothing less than ‘new’ Northern Ireland Protocol October 12, 2021 The UK’s Brexit minister has said the Northern Ireland Protocol must be fundamentally changed or else the UK will suspend it, saying it would be a “historic misjudgment” for Brussels not to act. Lord David Frost said in Lisbon today that the post-Brexit treaty was not working and has irreparably “lost consent in one community [...]
Sunak eyes overhaul of capital raising rules to boost London market post-Brexit October 12, 2021 Rishi Sunak has set out his ambition to make capital raising easier for public companies listed in London as a part of the government’s regulations overhaul post-Brexit. The chancellor today launched the UK Secondary Capital Raising Review, which will look at ways of giving listed companies greater access to capital through secondary transactions in a bid [...]