Starmer: Labour has no interest in a Swiss-style Brexit deal November 22, 2022 A future Labour government would not pursue a “Swiss-style” Brexit arrangement to bring the UK closer to the EU, Sir Keir Starmer has said. The opposition leader, writing in City A.M., said a new Brexit deal to increase regulatory alignment with Brussels will “not be the fix some imagine”. The government has been forced this [...]
UK fintech ‘can’t assume talent will continue to flow from abroad’, warns sector chief November 22, 2022 The UK’s fintech industry cannot “rest on its laurels” and presume that a stream of talent will continue to flow in from overseas, the incoming chief of a government-backed fintech body has warned.
Starmer: I can’t do some ‘good Labour things’ for the sake of ‘sound money’ November 22, 2022 Sir Keir Starmer has said his party won’t be able to do some “good Labour things” as quickly as he would like if it wins government as he will need to promote “sound money in our public finances”. Starmer told the Confederation of British Industry’s (CBI) annual conference that Labour under his leadership had become [...]
Explainer-in-brief: A Swiss deal, full of holes of our own making November 22, 2022 Even the mention of a Swiss-style relationship with the EU threw Brexiteers into pitbull mode with Nigel Farage apparently willing to come back and “crush” the Tories. The government has already come out to deny the claims, with Rishi Sunak guaranteeing any trade agreement with the union won’t rely “on alignment with EU rules”. A [...]
Exclusive: London beats European cities to continental tech crown November 22, 2022 London is the most technologically advanced city in Europe, beating Paris, Frankfurt and Madrid, exclusive research shared with City A.M. unveils. The capital’s capacity for world class innovation drove it to the top of the continental rankings in Z/Yen’s sixth smart cities index. New York topped the global rankings, again. The Square Mile’s banks, brokers [...]
Starmer: UK must be weaned off its ‘immigration dependency’ November 21, 2022 The UK can no longer rely on “low pay and cheap labour” to spur economic growth and must be weaned off its “immigration dependency”, Labour leader Sir Keir Starmer will say tomorrow. Starmer will tell the Confederation of British Industry’s (CBI) annual conference that a Labour government will “start investing more in training up workers [...]
Sunak slaps down idea of Swiss-style Brexit deal to bring UK closer to EU November 21, 2022 Rishi Sunak will not pursue a post-Brexit “Swiss-style” deal to bring the UK closer to the EU, the Prime Minister has said today. Sunak said he was “unequivocal on this” and that “under my leadership, the United Kingdom will not pursue any relationship with Europe that relies on alignment with EU laws”. The Sunday Times [...]
Ten years on, the Sunak government is still beholden to the austerity narrative November 21, 2022 Jeremy Hunt couched his fiscal plans very deliberately as part of a Tory continuum.
Restaurants go to the wall at faster pace than during the pandemic November 21, 2022 Restaurant insolvencies have rocketed over the past year, occurring at a faster rate than amid the Covid-19 pandemic. The number of restaurants going to the wall has increased 59 per cent over the past year, amid dire warnings from industry voices about the months to come. Insolvencies jumped to 1,567 in the year to 30 [...]
Brexit: Barclay denies UK wants ‘Swiss-style’ relationship with EU November 20, 2022 A senior cabinet minister has denied reports the UK wants a closer “Swiss-style” relationship with the EU post-Brexit. Health secretary Steve Barclay has said he doesn’t “recognise” the proposal and that chancellor Jeremy Hunt outlined “our determination to maximise post-Brexit opportunities in pro-growth areas” during his autumn statement on Thursday. The Sunday Times reported today [...]