Liz Truss gives France 48 hours to back down in fishing row November 1, 2021 Foreign secretary Liz Truss has set France a 48-hour deadline to reconsider its threats to the UK over fishing row, before the UK takes legal action. Truss accused France of making “completely unreasonable threats,” and behaving “unfairly,” in an interview with Sky News, which first reported the news, at the COP26 climate change summit in [...]
Ryanair posts first profit since Covid but mulls London delisting November 1, 2021 Budget airline Ryanair has reported its first quarterly profit since the start of the pandemic, with shares going up to €16.96 compared to €16.46 registered earlier this morning. However, the Irish-based group said it still expected to post an annual loss of up to €200m (£195.4m) as it would need to discount tickets this winter. [...]
Seller’s market: Brits plot job changes amid staff shortages November 1, 2021 More than a quarter of UK employees expect to move jobs within the next six months as skilled staff look to cash in on unprecedented staff shortages. A new survey of more than 6,000 adults suggests that almost seven in ten employees would feel confident looking for a new job in the next couple of [...]
Dealmakers brace themselves for 2022 surge in UK M&A November 1, 2021 A survey of top dealmakers has revealed widespread conviction that the number of M&A deals in the UK will surge in the next 12 months, driven by an uptick in distressed deals as well as an expected flurry of activity in the TMT sector. After the number of mergers and acquisitions involving UK companies dipped [...]
Entente Discordiale: UK fires back in NI and French fishing Brexit rows November 1, 2021 The UK’s relations with its nearest neighbours have fallen to a new low over the weekend, with ongoing rows over fishing rights and Northern Ireland threatening to throw post-Brexit planning into chaos. First, Boris Johnson said it was “up to France” to solve a battle over fishing rights, with the UK Government still incensed after [...]
Capitalism is doing the heavy-lifting on greening our climate October 31, 2021 As on-the-nose metaphors go, the entirety of Britain’s climate class being unable to get to Glasgow on time because of a tree falling onto the train tracks is right up there. Let us hope it is not an omen for the rest of the Cop-26 conference. Our expectations are, to be frank, low. It is [...]
French president tells Johnson to ‘respect the rules’ amid post-Brexit fishing licence row October 31, 2021 French president Emmanuel Macron has told Boris Johnson to “respect the rules” amid a row over fishing licences, according to a French official. Though the French presidential official told reporters at the G20 summit today that “the goal for both the president and the prime minister was to work towards de-escalation” – Macron has said [...]
PM refuses to rule out French trade dispute action over fishing row October 30, 2021 Boris Johnson has refused to rule out triggering trade dispute action against France next week, after a row over fishing. France threatened to ban British seafood exports after dozens of French vessels were denied post-Brexit fishing licences for UK and Jersey waters, “We won’t let the British wipe their feet on the Brexit agreement,” French [...]
Farming minister: UK needs carbon taxes to push farmers to be more eco-friendly October 30, 2021 The UK is edging towards taxes on the meat sector, which is a high polluter, according to the farming minister. Speaking to The Telegraph, environment and food secretary George Eustice said the country must “move into the realms of things like carbon taxes” when existing EU agricultural subsidies are eventually phased out. The Government is [...]
Brexit fishing fight: British fishermen held on board by French as UK warns ‘two can play at that game’ October 29, 2021 The UK has hit back at the French government, warning “two can play at that game” in a warning Britain could retaliate if Paris goes ahead with “inflammatory” threats made in a post-Brexit row over fishing rights. The development comes as The crew of the British trawler detained by French authorities have been advised to [...]