Arm deals blow to UK tech industry by rejecting London listing for a NASDAQ flotation March 3, 2023 Cambridge-based technology firm Arm said it will pursue a US-only stock market listing this year, dealing a blow to the UK markets. The plans from the company, owned by Japanese investment giant SoftBank, come despite heavy lobbying by successive prime ministers and cabinet members. In January, Rishi Sunak reportedly restarted talks with SoftBank to persuade [...]
UK should restore freedom of movement, says Jean-Claude Juncker March 2, 2023 The UK should restore freedom of movement, Jean-Claude Juncker said today, adding that Rishi Sunak’s Windsor Framework deal with the EU was “a real breakthrough”. In an interview with LBC, ex-European Commission president Juncker called for Britain to have a “normal relationship” with the trading bloc, including a “kind of freedom of movement for workers”. [...]
Sue Gray, civil servant who chaired inquiry into Boris Johnson ‘partygate’, reportedly hired as Keir Starmer’s chief of staff March 2, 2023 Top civil servant Sue Gray who carried out the partygate inquiry has reportedly been hired as Keir Starmer’s new chief of staff. Gray has quit her Cabinet Office post, according to the PA news agency, and is reportedly set to take up the key role in Sir Keir’s operation. It comes as Labour tries to [...]
Boris Johnson says he will find it ‘very difficult’ to vote for Rishi Sunak’s Brexit deal March 2, 2023 Boris Johnson has said he will “find it very difficult to vote for” Rishi Sunak’s deal on post-Brexit trading arrangements in Northern Ireland. The former Prime Minister has raised concerns about Sunak’s Windsor Framework which aims to resolve the power-sharing deadlock in Stormont. In a Westminster speech today, he said: “I’m going to find it [...]
The DUP must decide what Brexit they want – or Northern Ireland will be stuck March 2, 2023 The DUP can't have it all - and it's good that Rishi Sunak's deal for Northern Ireland doesn't indulge the unionists' wildest fantasies on a hardline Brexit, writes Will Cooling
Small businesses call on Hunt to tackle ‘childcare crisis’ as economic impact grows March 1, 2023 One of the UK’s leading business groups has called on Chancellor Jeremy Hunt to immediately tackle the “childcare crisis” in the upcoming budget as the high cost of childcare is increasingly forcing parents out of the workforce. Childcare providers face insufficient funding, the Federation of Small Businesses (FSB) told City A.M., and are either having [...]
PMQs: Sunak escapes Brexit grilling amid Hancock WhatsApp row March 1, 2023 Prime minister Rishi Sunak has escaped a major Brexit grilling over the Windsor Framework amid a row over former health secretary Matt Hancock’s leaked Covid-19 WhatsApp messages. The PM – whose latest EU trade agreement is widely hoped to end the power-sharing deadlock in Northern Ireland – dodged intense scrutiny over the deal in the [...]
Matt Hancock denies claims he ignored Covid care home testing advice March 1, 2023 Matt Hancock has denied claims he ignored expert advice on care home testing during the coronavirus pandemic after leaked WhatsApp messages were published by the Telegraph. Journalist Isabel Oakeshott shared more than 100,000 messages with the newspaper after receiving them while working on Hancock’s Pandemic Diaries book, including text exchanges with Boris Johnson, Rishi Sunak [...]
More data points to UK economy avoiding recession but experts urge Hunt to prevent investment cliff edge at March budget March 1, 2023 The prospect of the UK avoiding a recession after a batch of better than expected recent data has propelled business confidence higher, a closely watched survey out today shows. Optimism among company leaders jumped 11 points to minus 17 this month, shifting it back to levels seen when the government launched Plan B measures to [...]
Rishi Sunak and Jeremy Hunt must help families with soaring childcare bills to strengthen UK economy, CBI urges March 1, 2023 Rishi Sunak and Jeremy Hunt should help young families with the cost of childcare to tackle worker shortages that are holding back the UK economy, the country’s largest business lobby group has urged today. British households have been spiked by a 60 per cent cash terms rise in childcare bills over the last decade, far [...]