Easyjet removes plane seats to slash number of stewards on board to three May 9, 2022 Easyjet has removed the back row seats from its A319 planes to cope with labour shortages. By removing the six seats, capacity on easyJet planes has gone down to 150, requiring only three cabin crew members instead of four. The airline said the decision was an “effective way” of operating its fleet and it was [...]
Private equity firms dismiss Brexit concerns in European investment surge May 9, 2022 UK private equity firms shrugged off Brexit concerns and went on the offensive in Europe last year as acquisitions of corporates on the continent jumped 80 per cent, fresh data has revealed.
Boris Johnson plans to cut EU red tape in boost to post-Brexit economy May 9, 2022 Prime Minister Boris Johnson plans to throw out large swathes of EU law from the statute book to remove regulations for small businesses.
We must design tech legislation fit for free markets and open trade rules May 9, 2022 Late last month we saw a grand statement of principles by a global coalition of economic powers. The United States, the 27 member states of the EU, the United Kingdom and 32 other countries around the world signed the Declaration for the Future of the Internet, a rather ornately presented summary of the philosophical approach [...]
We weathered the pandemic, but London must be ready for the trials of the future May 9, 2022 What will the Square Mile look like in five years’ time? Unfortunately, I do not possess a crystal ball but – as I start my term as Policy Chairman at the City of London Corporation – I do know that we are facing a critical inflection point after a period of unprecedented economic turbulence and [...]
EU membership vs lost trade: Forget extra NHS cash, Brexit costs Britain £173m every week, or £1m per hour May 9, 2022 Remember the Brexit bus promise: ‘We send the EU £350 million a week. Let’s fund our NHS instead. Vote leave’? The truth increasingly seems that quitting the European Union means there is £173m a week less to spend on the NHS, according to calculations based on recent ONS and UK Government data. Weighing up the [...]
Stephen Poloz on the volatility disrupting the global economy May 9, 2022 This article first appeared in ICAS’ CA magazine. The era of global volatility is demanding rigour and quick thinking from finance professionals. Stephen Poloz, former Governor of the Bank of Canada, charts a course through the noise. The title of Stephen Poloz’s book, The Next Age of Uncertainty, is a wink to a formative text in his [...]
Sadiq Khan: London must make ’the most of Brexit’ and attract US talent and investment May 9, 2022 SADIQ Khan said London “needed to make the most of Brexit” as he met with big business leaders in the US yesterday. The Mayor of London is in New York as part of the first leg of his trip to the US in a bid to drive tourism to the capital. He said yesterday his [...]
Raab warns Northern Ireland stability ‘imperilled’ by protocol problems May 8, 2022 Dominic Raab has warned that problems implementing the Northern Ireland protocol have “imperilled” stability in Northern Ireland, after Sinn Fein claimed a landmark election victory this weekend.
Rishi Sunak hires City titan Hogan Lovells to grapple with post-Brexit legal complexity May 8, 2022 The Chancellor has outsourced key areas of the Treasury's post-Brexit legal work as the in-house legal department struggle to deal with the complexity.