Digital Assets Week: A ‘DAW’ to the future November 16, 2022 Lord Holmes reports on an opportunity to share the current approaches being undertaken by the UK Government on crypto regulation.
Sunak and Biden didn’t discuss post-Brexit UK-US trade deal at G20 November 16, 2022 The shelved post-Brexit UK-US trade deal was not even on the agenda when Rishi Sunak and Joe Biden met today, the British Prime Minister has revealed. Sunak said after his meeting with Biden at the G20 in Indonesia that the pair spoke about the UK-US “economic partnership”, but the state of trade negotiations was not [...]
Briton in Brexit fight of his life as Denmark plans to deport him for missing deadline November 16, 2022 A British national residing in EU member state Denmark is reportedly being deported from the Nordic country because he missed a residency application by just under four days. Phil Russell said he did not know he needed a residency application in order to remain with his fiancée Frederike in the country. As a result, he [...]
Without Brexit, there would never have been a harsh austerity Budget this week, says BoE veteran November 15, 2022 The real reason Britain is facing harsh austerity measures is the UK’s departure from the EU, according to a senior economist. Former Bank of England interest rate policy maker Michael Saunders said that Brexit has ‘permanently damaged’ the UK’s economy. “The UK economy as a whole has been permanently damaged by Brexit,” said Saunders, who [...]
Ex-environment minister slams the ‘failures’ of UK-Australia Brexit deal November 15, 2022 The UK's free trade deal with Australia was a poor deal for the country which "gave away far too much for far too little in return."
Post-Brexit trade: Over half of UK firms pivoting to EU for growth, HSBC report says November 15, 2022 More than half UK firms are pivoting toward the European Union to navigate their way through economic turbulence. A groundbreaking survey carried out by HSBC UK found that 53 per cent of companies are targeting trade with the continent in spite of post-Brexit rules and renewed Brussels red tape. Surveying 2,000 firms in one of [...]
“On the to-do list”: City minister promises reform as London slips behind Paris November 14, 2022 THE CITY minister Andrew Griffith yesterday said post-Brexit financial services reforms were on his “to do list” after new figures suggesting Paris’ stock market had overtaken London’s sent a shockwave through the Square Mile. The total value of all listings in the French capital overtook London last month, according to number crunchers at Bloomberg. Whilst [...]
Sacre bleu! But complacency, not Paris, is the City’s real enemy November 14, 2022 Sacre bleu! Zut alors! The only possible reactions to news that Paris’ bourse has, by one measure, overtaken London’s stock exchange as Europe’s largest. The calculation sent a shockwave through the City’s lunch spots today, just about replacing the fear and dread associated with Thursday’s budget as the first topic of conversation. Could it be [...]
Badenoch to push for ‘muscular liberalism and free trade’ in US trip November 14, 2022 The UK and US must show the world that “muscular liberalism and free trade are a force for good”, trade secretary Kemi Badenoch has said before her trip to Washington. The Department for International Trade (DIT) said Badenoch, who is leaving today, would “promote UK-US trade” during her trip while speaking out against protectionism. Badenoch [...]
Not such a hard Brexit: Britain signs up to EU defence agreement November 14, 2022 Britain has signed up to a European Union defence agreement despite having severed ties with the EU. The High Representative of the European Union for Foreign Affairs and Security Policy, Josep Borrell, announced the move this week, in what appears to be a contradiction of the Brexit vote. Borrell, who is often viewed as the [...]