Attempts to move civil servants out of London result in twice as many being recruited in the capital February 8, 2022 A new report claims this morning that efforts to move civil servants out of London are “going backwards”. In fact, since 2018, one in three civil servants has been recruited in the city, meaning the number of civil servants has grown twice as fast in London, at 22 per cent, than it has in regions [...]
Time for a plan for growth, not endless Westminster tittle-tattle February 8, 2022 In the grand scheme of political endorsements, “not a complete clown” sits somewhere between Lyndon B. Johnson describing President Gerald Ford as a nice guy who played too much American football without a helmet on and Churchill describing Clement Attlee as a sheep in sheep’s clothing. What makes it unusual is that the man offering [...]
Mordaunt to meet with US state governments to discuss trade deals February 7, 2022 The UK will conduct fresh talks with individual US state governments this week in a bid to push forward plans to close a series of mini-trade deals. Trade minister Penny Mordaunt will virtually meet with a number of state government officials – from states such as Indiana, Utah and California – as part of the [...]
UK and South Korea lay groundwork for renewed post-Brexit trade deal February 7, 2022 International trade secretary Anne-Marie Trevelyan has today hosted her South Korean counterpart as the UK looks to enhance its post-Brexit trade deal with the East Asian country. Trevelyan is aiming to begin trade negotiations with South Korea later this year in a bid to expand on the terms that were rolled over from the EU’s [...]
UK lags behind other European nations on new-build delivery February 7, 2022 The UK is lagging behind several other major European nations on the delivery of new-builds, in relation to its population size, analysis has found. The country’s construction sector was hammered by rising costs on supply and labour, as well as having works delayed or stalled due to Covid restrictions. Countries including France, Belgium, the Netherlands [...]
UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months February 7, 2022 UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity soared.
Is confidence returning to the cryptocurrency markets? February 7, 2022 The price of Bitcoin is currently around $42,500 - up two per cent since yesterday morning and 14 per cent since this time last week.
The City thrives on predictability as well as agility and we must protect this post-Brexit February 7, 2022 This week marks a pivotal moment for financial services in post-Brexit Britain. More than two years since the UK formally left the EU, the completion of the Future Regulatory Framework Review consultation on Wednesday will herald long expected changes to the financial service sector framework. The UK’s regulatory regime is widely regarded as one of the [...]
Student work app Stint delivers Pizza Express nationwide deal February 7, 2022 Student work app Stint has inked a nationwide partnership with Pizza Express. The app connects students with hospitality venues in need of more hands on deck for a few hours. The partnership follows a trial in London and Edinburgh. More than 120 Pizza Express restaurants will partner with the app, which claims to offer hospitality [...]
New campaign champions £11tn UK asset management industry February 7, 2022 The City of London Corporation is working with the government on a campaign promoting the UK as a leading global investment management centre.