Global Britain: Covid and Brexit offer an ‘opportunity to reset’ relations on union January 23, 2022 A Lords committee said this week that the challenges caused by Brexit and the pandemic present an “opportunity to reset relationships” between the UK Government and devolved nations. The upper house’s Constitution Committee published a report on Thursday, calling for a shift in how the union operates, shoring it up for the 21st century. Among [...]
Brexit: Finland, Luxembourg, Portugal and Greece are exploiting Brexit as UK exporters are being ‘replaced’ January 23, 2022 Smaller EU countries are benefitting from Britain’s departure from the European Union. This is largely because they fill up the Brexit exporters’ spots. In fact, this situation could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this week. The top three countries [...]
Brexit onslaught: A third of all British business owners is not sure their company will still exist in a year’s time January 23, 2022 Nearly one in three fear their company will close before the end of this year, primarily as the long-term effects of Brexit start to bite, according to alarming data shared with City A.M. this week. A slightly bigger number, 37 per cent, don’t think their business will survive until the end of 2027, as more [...]
Nation of hungry entrepreneurs: Two in three UK employees plan to launch their own business January 22, 2022 A record two in three British employees plan to start their own business at some point in the future, a jump of more than 10 per cent compared to a year ago, according to new data shared with City A.M. this morning. In fact, one in ten Brits don’t want to wait and plan to [...]
December home transactions show ‘strong end to frenzied year’ as markets expected to slow January 21, 2022 According to HMRC data, the provisional seasonally adjusted estimate of UK residential transactions in December 2021 was 100,110. This marks a 20 per cent dip on December 2020 but a 7.6 per cent spike on the prior month. Last year also saw a record level of home transactions of almost 1.5m, the highest since 2007, [...]
Are Bitcoin’s positives being drowned out by negative economic noise? January 21, 2022 Jason Deane points out the numerous positives about Bitcoin that are getting lost in the fog of negative news narratives.
Biden’s new UK ambassador accused of being an ‘amateur diplomat’ January 20, 2022 President Joe Biden has been accused of appointing an “amateur” as his ambassador to the UK by a former diplomat. Former ambassador to France and Monaco under the Obama administration, Jane Hartley was last night announced as London’s new ambassador, who will take up a Georgian-style mansion in Regent’s Park during the role. Hartley, 71, [...]
Bitcoin volumes low as markets stay flat January 20, 2022 It’s been another flat 24 hours for the prices of major cryptocurrencies, with Bitcoin up less than one per cent since this time yesterday.
Ouch! Sir Tony Blair says there is no plan for Britain’s future as Boris Johnson is simply not prepared for Brexit and tech revolution January 20, 2022 Boris Johnson is lacking a coherent blueprint for dealing with the major strategic challenges facing the UK, according to former prime minister Siry Tony Blair. In an online address later today, Blair will say that whether or not Mr Johnson survives the row over Downing Street his biggest problem is the absence of a plan [...]
Post-Brexit move to replace EU state aid rules clears first hurdle January 20, 2022 A post-Brexit move to replace EU state aid rules has cleared its first hurdle in the House of Lords. The Subsidy Control Bill received an unopposed second reading by peers. The legislation sets out how central government, devolved administrations, local authorities and other public bodies should make decisions to award subsidies. The new regime replaces [...]