Crypto ‘Wild West’: 85 per cent of crypto firms fail to meet minimum regulatory standards January 26, 2023 Around 85 per cent of crypto firms failed to meet minimum regulatory requirements when applying for registration with the Financial Conduct Authority (FCA), according to the watchdog. In a letter to the Treasury Committee, Sarah Pritchard, FCA executive director of markets, said “around 85 per cent of those cryptoasset firms that applied for registration were [...]
Marks and Spencer’s chairman Archie Norman: Plans to ease post-Brexit trade ‘overbearing and baffling’ January 26, 2023 Marks & Spencer’s chairman has become the latest business leader to criticise the Government’s economic policy, with Archie Norman calling plans to ease post-Brexit trade “overbearing” and “baffling”. Norman, who is also an ex-Conservative MP, has urged the Foreign Secretary during talks with the EU not to consider separate labelling for goods sold in Northern [...]
Let’s be honest, we might actually save the climate with lab-made meat alternatives January 26, 2023 Wanna save the planet? Lab-made meat could be a good place where to start, writes Matthew Lesh
Explainer: How human rights laws could soon change in the UK January 25, 2023 In all these years of Brexit politics, one of the main themes was the Conservatives’ desire to be more independent from European courts. By leaving the EU, they partially achieved this goal – yet the UK is still part of the European Convention on Human Rights, still subject to the decisions of the European Court [...]
We need closer ties to EU to protect our national security, Labour says January 24, 2023 Britain should have closer ties to the European Union in order to project our national security, the Labour Shadow Foreign Secretary has said. At a speech at Chatham House, David Lammy said yesterday Labour’s first priority on foreign policy will be strengthening its ties with Europe on national security if it wins the next election. [...]
Analysis: Labour’s foreign policy tilting towards the European Union January 24, 2023 A party in opposition always finds itself caught between a rock and a hard place. On one hand, it must set out future policies to look credible and to give reasons to be trusted – and voted – to the electorate. On the other, it is always wary of overpromising and then having to break [...]
Eurostar announces new name and brand identity – as Eurostar January 24, 2023 Eurostar has unveiled its new brand identity complete with a logo, symbol and name: Eurostar. The high-speed rail line’s regeneration includes bringing in French-Belgian high-speed train operator Thalys and Eurostar under one company name, the Eurostar Group. Announcing the move on Tuesday, all of its 51 trains will carry a new star symbol by the [...]
Eurostar forced to leave hundreds of seats empty on London routes to avoid Brexit-induced long queues January 24, 2023 Eurostar is being forced to leave hundreds of seats empty on trains to and from London to avoid long queues at stations, the cross-Channel train operator said. Chief executive Gwendoline Cazenave said a reduction in the number of border officials is driving an almost 30% increase in the time it takes to process passengers departing [...]
UK’s ‘science superpower’ dreams at risk due to HMRC crackdown on R&D tax relief fraud January 24, 2023 The UK’s goal to become a ‘science superpower’ is at risk as an increasing number of British firms move their R&D activity abroad, due in part to HMRC’s crackdown on fraudulent tax relief claims, a new report says. More than two-thirds (69 per cent) of UK businesses moved R&D activity abroad last year, figures from [...]
A recession will end the era of free money and tip the scales back to the Big Banks January 24, 2023 The fintech industry and its founder has grown up in an era of free money and this is their first taste of a recession, it might give big traditional banks their dominance back, writes Nick Parminter The prevailing narrative in the corporate innovation bull market of the last 12 years was that “you can’t cut [...]