UK rushing through trade deals without thorough consultation, says independent audit December 8, 2021 The UK’s post-Brexit trade deals are not being utilised by businesses and the government has not engaged in enough consultation before signing them, according to an independent audit. A report from the National Audit Office, an independent parliamentary spending watchdog, said “the speed and intensity of the negotiations … compresses the time available for analysis [...]
Gibraltar to integrate blockchain into government systems December 7, 2021 The government of Gibraltar has today announced plans to use blockchain technology to help with the delivery of public services.
Drone industry to face “cliff edge threat” without government support, expert warns December 7, 2021 The UK drone industry is on the verge of facing a “cliff edge threat”, following the expiration of the EU’s accreditation scheme in December 2022. According to Robert Garbett, a leading advisor on drone technology and chief executive of consultancy firm Drone Major, the UK Government needs to speed up post-Brexit drone accreditation. UK manufacturers [...]
Exclusive: Deal-making to surge due to ‘perfect storm of returning optimism, loosening restrictions and undervalued firms’ December 7, 2021 The market for mergers, acquisitions and other deals has, in the past two years, weathered periods of quiet during lockdowns and periods of boom as the economy reopened and optimism returned. This high demand looks set to continue well into 2022 with a new survey indicating that 90 per cent of dealmakers expect stronger activity [...]
Bitcoin’s return to form continues as global markets recover December 7, 2021 Bitcoin continued its steady recovery yesterday. It’s currently changing hands for more than $51k, up eight per cent over the past 24 hours.
Government drafts in Saudi Arabia to help with levelling up investment push December 6, 2021 The government is launching a concerted effort to attract Middle East investors to buy up property in parts of the UK outside London, with the drive touted as a potential tool in Boris Johnson’s levelling up agenda. A senior Department for International Trade (DIT) source said investment minister Lord Gerry Grimstone was helping “package together” [...]
Lagarde orders redesign to create ‘more relatable’ euro banknotes December 6, 2021 Christine Lagarde, the president of Europe's central bank, has ordered a refresh of euro banknotes to make them "more relatable."
Bitcoin recovers after Saturday’s sudden decline December 6, 2021 The Bitcoin price was hovering just below the $48k level this morning, after a sudden drop early on Saturday saw the leading cryptocurrency fall nearly $10,000 in roughly an hour.
Boris Johnson to empower ministers to throw out legal rulings as war with judges escalates December 6, 2021 Boris Johnson wants to prevent courts from overruling decisions by ministers, according to The Times, amid cries of outrage from the legal establishment.
Trevelyan to push for Trump-era steel tariffs on UK to be scrapped during US trip December 6, 2021 The UK’s international trade secretary will push the White House to scrap controversial tariffs on UK steel and aluminium during a three-day trip this week. Anne-Marie Trevelyan will leave for the US today and meet with her American counterpart Katherine Tai and US commerce secretary Gina Raimondo. A Department for International Trade spokesperson said Trevelyan [...]