Bailey holds the torch for a proud UK tradition – failing our monetary policy June 15, 2023 Andrew Bailey and the economists at the Bank of England are part of a long line of people who have failed Britain’s monetary policy, writes Will Cooling
Mark Kleinman: The must-read City column June 15, 2023 Mark Kleinman, City editor of Sky News, writes fortnightly for City A.M. This week he opines on the ICAEW, Eton's new Provost and the future of the Telegraph
Oaknorth founder Rishi Khosla: Tall poppy syndrome, Tory rhetoric and why the UK is losing its lustre for fintech June 15, 2023 Rishi Khosla, chief of OakNorth, says the UK needs to celebrate the success of its fintech entrepreneurs
Let’s be honest, even after Brexit we’re still adding more red tape June 15, 2023 For more than a decade, Conservative Prime Ministers have promised to scrap bureaucracy and red tape and yet even after Brexit they’ve done exactly the opposite.
UK staff in EU holiday jobs plummets 70 per cent as British tourism pleads for post Brexit help June 14, 2023 The UK travel sector has called on the government to address difficulties employing British staff in EU holiday destinations, due to post-Brexit red tape and rising hiring costs. Trade association ABTA’s report found that the number of UK workers in holiday roles in the European Union has dipped by 69 per cent from 11,970 to [...]
The Notebook: Neil Bennett on scale-up funding, bounce-back Britain and a Love Supreme June 14, 2023 Roll up, roll up ladies and gentlemen for the greatest sale on earth, a once in a generation opportunity to snap up corporate assets at unrepeatable prices. If you don’t, my (imaginary) new investment firm, Car Boot Capital, will certainly do so. It is a truth universally acknowledged that we are living through a liquidity [...]
Alantra gives vote of confidence to London as it switches investment banking HQ to City June 13, 2023 Spanish investment bank Alantra has shifted its investment banking headquarters to a new office overlooking St Paul’s in a boost for the City. The Madrid-based bank said the new London office, based on 25 Cannon Street, is a “natural next step…given the significance of the City of London as a global financial centre”. The new [...]
“I’ll be back”: Boris Johnson deliberately misled parliament, Privileges Committee to say today – Reports June 13, 2023 Boris Johnson will reportedly be found on Wednesday to have deliberately misled MPs over parties in Downing Street during the pandemic. The Privileges Committee has rejected the former prime minister’s defence that senior officials advised him Covid rules and guidance had been followed in No 10, according to the Times. But Mr Johnson – who [...]
Brexit cited as a major concern as US business confidence in Britain drops June 12, 2023 US business confidence in the UK has fallen for the third consecutive year, with the fallout from Brexit being cited as one of the main reasons for the collapse in confidence. The Transatlantic Confidence Index, published by BritishAmerican Business (BAB) and Bain & Company, today found that the US average business confidence rating for the UK dropped [...]
EU carmakers could lose £3.69bn due to post-Brexit tariffs June 12, 2023 European automakers have said they could lose €4.3bn (£3.69bn) and cut production of nearly 500,000 vehicles, if the EU does not delay putting in place tariffs between the EU and UK. According to the Financial Times, the European Automobile Manufacturers Association (Acea), has said that China would benefit if the EU does not agree to [...]