Combination of Covid, Brexit and transition towards net-zero economy to end decades of declining ‘job churn’ in UK January 6, 2022 Decades of declining “job churn”, which has meant fewer risks and opportunities for workers, is likely to be upended in the decade ahead as the combination of Covid-19, Brexit and the transition towards a net-zero economy brings about major changes in the UK economy, according to a new report. In fact, the view that robots [...]
Cryptocurrency drop echoes wider sentiment across stock markets January 6, 2022 Bitcoin fell below $43,000 in the early hours of this morning, testing lows not seen since the start of December.
Westminster watch: Four potential political scenarios to watch for in 2022 January 6, 2022 A new year has dawned on Westminster and 2022 is set to be another wild year in the world of British politics. With Boris Johnson suffering from the mid-term blues, Covid raging and Brexit far from settled there are bound to be many dramatic twists and turns this year. Here are four potential political scenarios [...]
UK fintech investment surges after regulation refresh January 6, 2022 Investment into UK fintech firms surged last year as investors looked to capitalise on new regulation in the sector, research has revealed. Total investment into British fintechs jumped more than 217% to $11.6bn in 2021, second only to US firms globally which saw $46bn of investment, according to figures from Innovate Finance, the UK fintech [...]
Labour hits out at Boris Johnson for saying UK inflation fears are ‘unfounded’ January 5, 2022 Labour has attacked Boris Johnson for his allegedly complacent attitude on rising UK inflation, with deputy leader Angela Rayner hitting out at the Prime Minister for not easing the cost of living crunch for British families. Rayner, who was filling in today for a Covid-positive Sir Keir Starmer, called out Johnson in Prime Minister’s Questions [...]
EU domain name revoked: thousands of UK websites taken down in post-Brexit internet push January 5, 2022 Nearly 50,000 internet domain names belonging to UK businesses and citizens have been taken down this week following the revocation of their .eu domain names.
Slow start for Bitcoin, but cryptocurrency is outpacing stocks and shares January 5, 2022 Bitcoin is up one per cent to just below $47k, while second-largest cryptocurrency Ethereum is up 1.5 per cent to around $3,800.
Sunak warns allies of limit to government help on surging energy prices January 5, 2022 Rishi Sunak has warned colleagues there is little the government can do to abate soaring energy prices as he mulls whether to slash VAT on energy bills. The chancellor has reportedly told other government ministers that any government help on the cost of living crunch should be targeted at those who need it most. The [...]
Boost for Global Britain as UK exporters enjoy £620m surge in post-Brexit trade with South Korea January 5, 2022 A “huge” demand for British products and services in South Korea is boosting UK companies exports to the east Asian country, according to the government. International trade secretary Anne-Marie Trevelyan said that British firms saw a £620m surge in exports to South Korea last year, a jump of nine per cent. Trade between the UK [...]
Brits have to pay for entry to the EU from this year: Cash and pre-authorisation needed for post-Brexit trips to Europe January 5, 2022 Brits will have to start paying €7 per person and pre-register their details in order to enter the European Union from this year. Reports had surfaced in various European media in recent weeks that access to all Schengen EU countries would come at a cost from 2022, and when approached by City A.M. this morning, [...]