Business body calls for closer UK-US trade ties April 25, 2022 ONE OF Britain’s largest business groups will join growing calls for an ambitious trade deal between the US and the UK. The British Chambers of Commerce chief Shevaun Haviland will say that trade is vital to the UK’s economic recovery after Covid-19 when she speaks at an event later today. A cross-Atlantic trade deal has [...]
Priti Patel’s single minded focus on the Channel has let talent leave our shores April 25, 2022 Immigration is an issue which cuts through. We have seen this with the firestorm following the announcement about how future migrants crossing the Channel will be diverted to Rwanda. The Home Office has pursued it with distinctive single-mindedness, precisely because of its political pull. One of the most powerful slogans of the Brexit referendum campaign [...]
France’s presidential fight between Macron and Le Pen enters final hours: ‘It’s a choice between cholera and ebola today’ April 24, 2022 Emmanuel Macron is in pole position to win re-election in France’s presidential runoff today, but his lead over his far-right rival Marine Le Pen depends on how many voters decide to stay at home. A victory in today’s run-off vote would make Macron the first French president in 20 years to win a second term. [...]
Seething Tory row overshadows Boris Johnson’s much-trumpeted post-Brexit visit to India as allies lash out at critical MPs April 22, 2022 Allies of Boris Johnson have lashed out at Tory MPs calling for the Pinrime Minister to resign after the House of Commons ordered a third inquiry into lockdown parties in Downing Street. Senior backbencher Tobias Ellwood said there had been “a huge breach of trust” with the British people as he called on Conservative MPs [...]
Brexit checks: Disbelief and confusion at Gibraltar border as Spain blocks British nationals from entering April 22, 2022 There are reports coming in that Spanish authorities are refusing entry to British nationals trying to enter the country from Gibraltar. Numerous British citizens were unable to enter Spain yesterday as authorities at the border with Gibraltar demanded to see hotel reservations and evidence of onward travel, such as a return ticket or train reservation. [...]
Boris Johnson urges post-Brexit negotiators in India to ‘get it done’ despite Modi’s looser ambitions for trade deal April 22, 2022 Prime Minister Boris Johnson has urged post-Brexit trade deal negotiators working with India to “get it done” this autumn, despite much looser ambitions on the side of his Indian counterpart Narendra Modi. After holding talks in New Delhi on Friday, Modi called for an “immediate ceasefire” in Ukraine but stopped short of criticising Russia’s actions [...]
As we’re pushed towards supply chains of isolation, we must protect openness April 22, 2022 Globalisation is dead. So declared Chip Bergh, the chief executive officer of Levi’s, the maker of the iconic 501 jeans, at this year’s World Retail Congress. That doesn’t mean globalisation is going away; but it will need to take a very different form from the one we once knew. The principle of comparative advantage is [...]
Post-Brexit travel: New £200 ‘Global Britain tax’ on flights to destinations more than 5,500 miles from UK April 21, 2022 Government plans for a new so-called ‘Global Britain tax’ will make it harder and more expensive for British businesses and investors to forge important new relationships with markets outside Europe, with up to £200 in additional taxes being put on the cost of flights, business leaders warned today. In fact, passengers flying to fast-growing destinations [...]
Brexit: Rees-Mogg wants UK to look at easing capital requirements for banks April 21, 2022 Jacob Rees-Mogg has said the UK must consider easing requirements on how much capital that banks need to hold in reserve in order to survive economic shocks. The Brexit opportunities minister told MPs today that the government “ought to look” at easing the capital requirements for the banking sector, which were brought in after the [...]
Brexit and pandemic onslaught have altered UK workforce with highest-ever number of non-EU workers April 21, 2022 UK, EU and non-EU payroll data varied drastically during the course of the pandemic, according to fresh data sent to City A.M. this morning. While the UK entered the first lockdown in March 2020 with payroll numbers at 25.7m that then dropped to 24.9m by March 2021, non-EU payroll saw figures at 2.12m in March [...]