EU: ‘change in tone’ from UK but post-Brexit trade deal is ‘linked’ to solving Northern Ireland Protocol November 19, 2021 European Commission vice president Maros Sefcovic has said the post-Brexit trade deal is “intrinsically linked” to settling the Protocol. Sefcovic was speaking at the Brexit Institute at Dublin City University, immediately before negotiations with Lord David Frost. Sefcovic said: “Settling the divorce has always been and remains a precondition for our future relationship. “It was [...]
Champagne Christmas promised by wine sellers despite supply problems November 19, 2021 Wine sellers and sommeliers have scrambled to assure Brits they can have their tipple of choice this Christmas. Wine importers have been challenged with Brexit-related paperwork at the border and rising costs on shipping containers. Premium online wine seller Naked Wines share price tumbled 20 per cent yesterday as it cut its full-year sales forecast [...]
Checking out: Ryanair confirms plans to delist from London Stock Exchange November 19, 2021 Ryanair is leaving the London Stock Exchange amid rising admission costs in a move that could be seen as a post-Brexit snub.
Don’t wait till after Christmas to sell your property November 18, 2021 There was a time when the property market could quite logically be split into seasons. But, such is the disruption to all our usual timetables and routines, that is no longer the case. The seemingly never-ending chain of events that impacted the the market in recent years, from tax changes and SDLT holidays to Brexit [...]
Crisps shortages: Shoppers left empty-handed as multipacks run out November 18, 2021 Shoppers with a craving for crisps have been left empty-handed this month, as official data reveals the scale of shortages. According to data published by the Office for National Statistics (ONS) on Thursday, multipack crisps were the trickiest item to get hold of in the country. Shelf availability was lowest for the products, with almost [...]
It’s happened: Global M&A hits all-time record of $5 trillion in 2021 November 18, 2021 Dealmaking has reached new heights this year, as the momentum seen each quarter continued unabated and propelled the global M&A market to a new all-time record of $5 trillion in deals – with still one month to go. As of yesterday, global transactions have topped $5 trillion so far this year – already 40 per [...]
Treasury needs to play nice with regulators to make a success of post-Brexit rules November 18, 2021 Uncertainty is a killer for businesses. Too bad it is everywhere you look. Unknown unknowns are impossible to root out, but firms have developed coping strategies to allow them to live in a deeply fragile world. The underlying factors that triggered the financial crisis were unknown unknowns to (almost) everyone, even if they seem obvious [...]
Shortage warning: Greggs stores ‘may not have’ vegan sausage rolls November 17, 2021 Fast food chain Greggs has warned its popular vegan sausage roll is among products to have experienced “temporary interruptions” in supply. “Some shops may not have them or may not have them throughout the day. It varies,” a Greggs’ spokesperson told news agency Reuters. The vegan alternative has become a beloved staple of the bakery [...]
Retailers slam rocketing interchange fees as UK firms face £36.5m increase November 17, 2021 UK and European Economic Area (EEA) retailers are facing a cost increase of around £150m a year to accept cross-border card payments. UK businesses may be forced to take on an additional £36.5m, according to research by retail payments advisory firm CMSPI, alongside the British Retail Consortium (BRC). The BRC has called on ministers and [...]
Want a contract? Flash your green credentials on your way in, please November 17, 2021 Mining magnate Brian Gilbertson once recalled a results day at the turn of the Millennium. Ready to take City analysts through impressive figures on iron ore production he was somewhat surprised when asked: “What’s your internet strategy?” The South African spent the rest of the morning hurriedly writing down a dot com plan on an [...]