British businesses miss out on productivity gains by shunning trade January 18, 2022 British firms are missing out on productivity gains by shunning overseas trade, according to one of the UK’s leading business bodies. Just one in 10 British businesses are involved in overseas trade, reveals a fresh study published by the British Chambers of Commerce (BCC) yesterday. Firms that are involved in exporting and importing goods and [...]
Digital M&A activity raised record $87bn in 2021, says Ciesco January 17, 2022 Deal making activity in the technology, digital, media and marketing sectors jumped 56 per cent to $87bn in 2021 according to new data.
Bitcoin price remains flat but stable as Cardano leads the way on cryptocurrency markets January 17, 2022 The standout performer among the major cryptocurrencies is Cardano (ADA), which has grown by nearly 12 per cent in the last 24 hours and more than 30 per cent since this time last week.
Record waiting time: Brexit triggers tsunami of trade mark applications as UK firms rush to protect intellectual property January 17, 2022 Brexit has triggered a record number of applications for trade marks in the UK, with 195,000 registered in the past year, up 54 per cent from 127,000 the year before, according to data shared with City A.M. today. Waiting times for trade mark applications reached three to four months in the early part of 2021, [...]
Square Mile defies downbeat post-Brexit worker exodus forecasts January 17, 2022 The City is smashing downbeat forecasts that Brexit would ignite a mass exodus of workers from the Square Mile to the Continent, reveals a fresh study released today. London’s top banks, brokers and fund managers are launching a recruitment offensive as the spectre of the pandemic over the capital recedes. In the final three months [...]
Best and the brightest welcome? Home Office tells Canary Wharf couple to move to China January 17, 2022 The Home Office has told a British Canary Wharf computer expert that he should move to China and live with his PhD-studying girlfriend’s family in Shanghai, after rejecting her visa application. Robert Evans, 30, from Aberdeen met his girlfriend, Lisa Li, 31, from Shanghai, whilst studying for a master’s degree in computer science in the [...]
UK joining CPTPP won’t hurt environment or workers’ rights, says think tank report January 17, 2022 The UK’s ascension to the 11-country Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc will not lead to worse environmental standards or a diminishment of workers’ rights, according to a new think tank report. The Thatcherite Centre for Policy Studies think tank found new trade activity coming from joining the bloc would only [...]
City chiefs draw up plans to create new market in post-Brexit tech drive January 16, 2022 City chiefs are drawing up plans to shake up the capital’s listing structure to attract fast-growing tech companies, according to reports. The London Stock Exchange (LSE) has tabled proposals to erode the normal lines between public and private companies. Private firms would be given access to a special market to allow them trade shares on [...]
UK farmers face bankruptcies and closures as £1.8bn in EU cash stops with MPs warning ‘blind Brexit optimism’ may lead to higher food prices January 16, 2022 Direct agriculture funds of around £1.8bn per year will be cut by half in 2025 and completely dry up by 2027, under new government plans. As the EU’s Common Agricultural Policy (CAP) no longer applies to British farmers following the UK’s departure from the EU, MPs warn in a new report for ‘blind Brexit optimism’ [...]
Bitcoin quietly going about its business as the world returns to normal chaos January 14, 2022 Bitcoin continues to quietly make headway in adoption around the world amid a whirlwind of curious global news, writes Jason Deane.