Brussels tells France to cool post-Brexit row with UK over fishing licences October 7, 2021 Brussels has told the French government to calm its rhetoric over a fishing row with the UK, after Paris threatened to turn off power to the Channel Islands this week. The EU, and individual European governments, have reportedly told Emmanuel Macron’s government that the threats to shut off power to Jersey and Guernsey or to [...]
EU to bring forward new proposals to make Northern Ireland Protocol work October 7, 2021 The EU is expected to bring forward new proposals on how to implement the Northern Ireland Protocol, a senior Brussels official has said. European Commission vice president Maros Sefcovic said the proposals would be “very far reaching”, but that he would not consider rewriting the protocol as the UK has requested. Sefcovic said in Dublin [...]
UK not under consideration by Intel for chip factory October 7, 2021 Intel boss has said the chipmaker is not considering UK anymore for setting up its factories because of Brexit. The island nation was clearly an option for setting up of chip building units, but post-Brexit the idea was dropped in favour of Europe, Pat Gelsinger said. “Post-Brexit… we’re looking at EU countries and getting support [...]
London banks embark on record hiring spree as City tilts toward post-Brexit future October 7, 2021 City banks are embarking on a record hiring spree, indicating the sector is in rude health despite warnings Brexit would hit it hard. London banking jobs are on course to smash pre-pandemic levels by 30 per cent, highlighting the capital’s banking industry has effectively weathered the Covid-19 crisis and is tilting toward making its post-Brexit [...]
Brexit exclusive: UK firms face IBAN discrimination across EU as GB payments are refused October 7, 2021 As the clocks turned 2020 into 2021 the UK left the European Union after 47 years. The decision divided the country, and businesses everywhere were forced to adapt to, and comply with, new regulations. Certain industries were more affected than others, and businesses which had some sort of international presence benefited from a smoother transitioning period, [...]
The morning after: Business leaders puzzled by Boris Johnson’s ‘economically illiterate’ speech October 7, 2021 Business leaders have come out against Boris Johnson’s speech at the Tory Party conference, yesterday afternoon in Manchester. Many condemned the Prime Minister’s speech, saying it lacks a coherent economic plan. On the last day of the Conservative Party conference, Johnson said he was setting out the “difficult” process of reshaping the British economy. With [...]
Brexit exclusive: UK firms face refused GB payments due to IBAN discrimination across EU – CityAM : CityAM October 7, 2021 As the clocks turned 2020 into 2021 the UK left the European Union after 47 years. The decision divided the country, and businesses everywhere were forced to adapt to, and comply with, new regulations. Certain industries were more affected than others, and businesses which had some sort of international presence benefited from a smoother transitioning period, [...]
What’s the story? Sairah Ashman on why brand matters more than ever October 7, 2021 This article first appeared in ICAS’ CA magazine. Branding, for both your business and personal profile, has gained in importance over the past two years. Sairah Ashman, Global CEO of creative consultancy Wolff Olins, tells Lysanne Currie why the brand matters more than ever in a post-pandemic, values-led world When Sairah Ashman was little, her mum [...]
Exclusive: London bearing the brunt of skills shortages, say city bosses October 7, 2021 The skilled labour shortage gripping the UK is being felt most acutely by London businesses, with seven in 10 executives saying their company has been affected. Despite promises of emergency visas and skills training from the Government, 22 per cent of London business leaders think the problem will be the biggest hurdle their company will [...]
Rolls-Royce to take centre stage in UK’s Global Investment Summit October 7, 2021 Rolls-Royce and 11 other British businesses will be at the forefront of the UK’s Global Investment Summit this month, which is to be hosted by the Royal Family. The summit, which is being run by international trade secretary Anne-Marie Trevelyan and her department, is a part of the government’s drive to increase foreign direct investment [...]