The UK can reap the rewards of Brexit if digital trade is at the heart of our strategy January 13, 2022 Digital trade has soared to prominence and with it comes the need to negotiate new rules for this wildly different market. It’s estimated the digital economy accounted for 22.5 percent of worldwide GDP last year, and with significant challenges facing international travel for both people and goods, this is set only to grow. Fortunately, it [...]
City blows away gloomy Brexit forecasts as profits soar at fastest rate since 2015 January 13, 2022 The City is blowing gloomy forecasts that Brexit would hit its financial services industry out of the water, reveals a fresh study released today. Profits at the Square Mile’s biggest banks, brokers and insurers are accelerating at the hottest pace since before Brexit, according to the UK’s leading business group. City firms’ resurgence will help [...]
UK and India launch trade negotiations for post-Brexit deal January 13, 2022 The UK will officially launch negotiations for a post-Brexit trade deal with India today at an event in New Delhi. International trade secretary Anne-Marie Trevelyan will make the formal announcement alongside Indian minister of commerce and industry Piyush Goyal, with the two set to outline parameters of the talks. A trade deal with India, one of [...]
Northern Ireland Protocol is unique opportunity for businesses, says expert January 12, 2022 An international trade expert has encouraged UK businesses to capitalise on Northern Ireland's continued EU access post-Brexit.
All eyes on PMQs as Boris Johnson’s premiership is ‘hanging by a thread’ January 12, 2022 Boris Johnson’s premiership is hanging by a thread today, as angry Tory MPs and outraged Brits await Prime Minister’s Questions to see whether he will come clean over a party during lockdown. Reports that Johnson and his then fiancé Carrie Symonds attended a “bring your own booze” party in the No 10 garden during lockdown [...]
Crypto markets recover after fresh US Central Bank comments January 12, 2022 Bitcoin is currently changing hands for just below $43k, up around 2.5 per cent since yesterday morning.
Boris Johnson’s rudderless levelling up plan must be anchored in business January 12, 2022 It was Winston Churchill who famously stunned a waiter by asking them to take back his pudding. “There’s no theme!” he bellowed. One man undoubtedly aware of this is Boris Johnson – the Prime Minister who wrote an effusive biography of Britain’s wartime leader before trying to emulate him in Downing Street. It comes to [...]
Britain’s prosperous future depends on attracting talent on and off our shores January 12, 2022 I have spent my life as a first-generation immigrant building businesses in the UK. For my entire career I have been an internationalist in favour of membership of the EU. I even got elected as a LibDem MEP for London in 2019, on a second referendum agenda. I was a gold card-carrying Remainer. But I [...]
UK signs preliminary investment deal with Oman January 12, 2022 The UK has struck a preliminary investment partnership deal with Oman that sees the Middle East country pledge to increase future foreign direct investment into the UK. The deal was signed in London yesterday by UK trade minister Gerry Grimstone and AbdulSalam Al Murshidi, president of Oman’s sovereign wealth fund. The deal comes as the [...]
Exclusive: ‘Omicron is a reminder the world is only as good as the weakest link in the vaccination chain,’ says abrdn exec January 11, 2022 Ongoing inflationary shocks, questions around interest rates and the emergence of the new Omicron Covid variant are all making navigating uncertainty more challenging. Nonetheless, when we look beyond the headlines, there remain some reasons for optimism going into 2022, according to Richard Dunbar, head of multi-asset research at global investment giant abrdn. Square Mile-based Dunbar [...]