Brexit: French fishermen may block British vessels’ access to French ports in action this week November 23, 2021 French fishermen may be planning to block British vessels’ access to French ports, after Britain’s refusal to grant more licences to operate in UK waters. France has accused Britain of not dishing out enough permits to French fishermen as part of a post-Brexit deal. “Action is imminent,” warned Olivier Lepretre, president of the organisation that [...]
Hambro Perks looks to be first out of the gate with £150m London SPAC listing November 23, 2021 VC firm Hambro Perks has today announced it is targeting a listing of up to £150m in London via a special purpose acquisition vehicle (SPAC), in what could make it the first out of the gate since the City watchdog overhauled blank-cheque listing rules. Hambro Perks Acquisition Company – the name of the SPAC – [...]
Over 200,000 people apply to EU settlement scheme after Brexit cutoff November 23, 2021 Thousands of EU citizens are still applying for settled status in the UK long after the government's post-Brexit cutoff date.
Burdensome EU border regime threatens post-Brexit lorry pile up at Port of Dover November 23, 2021 A fresh logistics regime imposed by the EU after Brexit could lead to lorries piling up at the Port of Dover, authorities and MPs warned yesterday. Rules overseeing entry to the bloc’s passport-free Schengen Area would increase the amount of time it takes lorry drivers to pass through Britain into the region. Drivers would have [...]
Downing Street signals it is prepared to tear up Northern Ireland’s Brexit deal November 23, 2021 Downing Street said late last night the UK government is prepared to consider tearing up elements of Northern Ireland’s Brexit deal, despite a Cabinet minister insisting the option would not be used before Christmas. Number 10 said there was no timetable for whether or not it would unilaterally use the powers under Article 16 of [...]
In a world of open banking, Amazon holds all the cards in the face off with Visa November 23, 2021 From January 2022, Amazon will no longer accept Visa credit cards. This is a significant move in a landscape of ever-increasing competition for payments, a growing number of incentives for a move away from credit cards and the potential to bypass traditional payments altogether. Whether or not it was a negotiation tactic to put Visa [...]
Brexit migrant exodus not to blame for labour squeeze November 23, 2021 Hundreds of thousands of Brits have stopped working since the start of the Covid-19 crisis, creating a vacuum of workers, according to fresh figures released today. Research by the Resolution Foundation found the number of workers who are economically inactive – which means they are either not working or not looking for work – has [...]
Mass sporting events help bring the UK together and trumpet our shared values November 23, 2021 Britain’s Roger Bannister beating John Landy in the so-called ‘Miracle Mile’ in Vancouver, Canada. Tanzania’s Filbert Bayi crushing the field by blasting out of the gates in the 1,500m in Christchurch, New Zealand. The Commonwealth Games certainly has form in creating history for people and places. Who will capture our imagination next year in Birmingham? [...]
Amazon’s merciless move to block Visa likely to lead to rapid uptake of… Amazon credit cards, which are issued by Mastercard November 22, 2021 Following the news that Amazon will no longer accept payments from UK-issued Visa credit cards, some industry insiders are convinced the e-commerce giant’s decision is a calculated move to drive the adoption of the company’s own payment cards, and will give a competitive advantage to Visa’s main rival, Mastercard. Last week, the online retailer confirmed that Visa credit [...]
Brussels pushes to freeze out London banks in post-Brexit crackdown November 22, 2021 The EU is planning on freezing out London banks by clamping down on the network of national arrangements that allow non-EU banks to sell services to the bloc. Brussels is pushing to cut off avenues for banks operating outside the region to conduct cross-border transactions. The news was first reported by the Financial Times. The [...]