Prospective dealmakers put off by tightening UK regulation – CityAM : CityAM September 20, 2021 A survey of dealmakers revealed widespread concern about upcoming changes to the UK’s regulatory environment which threaten to halt a flurry of activity seen during the pandemic. Cheap valuations of London listed companies post-Brexit have turned the UK into a prime location for dealmaking with approximately £166bn of merger and acquisition deals completed so far [...]
Starters, mains and a side order of inducement: why that extra bottle could land you in trouble September 20, 2021 Many financial services sector city workers who have been working from home over the last eighteen months are now emerging butterfly-like from their home-office chrysalis and returning to the office. Enthusiasm and appetite for the working lunch have also returned, with socialising around work firmly back on the menu. It is not surprising to read [...]
New poll: 53 per cent of UK thinks Brexit deal has ‘created more problems than it solved’ September 20, 2021 More than half the UK believes Boris Johnson’s Brexit Withdrawal Agreement “has created more problems than it [has] solved”, according to new polling. The survey by Opinium on behalf of Best for Britain, an anti-Brexit think tank, found just 15 per cent of people think it has done the opposite. The survey also found that [...]
Johnson to push Biden on reopening UK-US travel during White House visit September 19, 2021 Boris Johnson is expected to push US President Joe Biden on the looming humanitarian crisis in Afghanistan, the potential of reopening UK-US travel and climate change during a visit to the White House. The Prime Minister will head to Washington during an environment-focused trip to the US, where he will urge world leaders to take [...]
Johnson to push Biden on reopening UK-US travel during White House visit – CityAM : CityAM September 19, 2021 Boris Johnson is expected to push US President Joe Biden on the looming humanitarian crisis in Afghanistan, the potential of reopening UK-US travel and climate change during a visit to the White House. The Prime Minister will head to Washington during an environment-focused trip to the US, where he will urge world leaders to take [...]
City should brace itself for €900bn Brexit hit if Brussels plays clearing politics September 17, 2021 The City and several financial services groups in Brussels are lobbying for an extension to clearing house access beyond June of next year. Yesterday, a trio of major lobby groups for Europe’s finserv sector called on Brussels to extend the EU’s access to London clearing houses amid warnings of financial instability. The groups wrote to [...]
Brexit exodus: More than 200,000 EU nationals left Britain last year – CityAM : CityAM September 17, 2021 The number of European Union nationals who are living in the UK has fallen dramatically, figures show today. Office for National Statistics (ONS) data for 2020 shows that within a year, the population of EU nationals in the UK dropped by 200,000, from 3.7m to 3.5m. Experts have said the Covid-19 pandemic and Brexit have [...]
City should brace itself for €900bn Brexit hit if Brussels plays clearing politics – CityAM : CityAM September 17, 2021 The City and several financial services groups in Brussels are lobbying for an extension to clearing house access beyond June of next year. Yesterday, a trio of major lobby groups for Europe’s finserv sector called on Brussels to extend the EU’s access to London clearing houses amid warnings of financial instability. The groups wrote to [...]
The pact between Australia, UK and the US is a historic face-off with China and proof of Global Britain September 17, 2021 In a joint speech by Boris Johnson, Scott Morrison and Joe Biden, the United Kingdom, Australia and the United States announced a historical pact dubbed AUKUS. It will allow the Royal Australian Navy to construct and operate nuclear-powered attack submarines. But AUKUS is about more than just what powers Australia’s submarines. The agreement also covers [...]
Brexit: EU finserv groups call for extension to City clearing house access September 16, 2021 A trio of major lobby groups for Europe’s financial services sector have called on Brussels to extend the EU’s access to London clearing houses amid warnings of financial instability. The groups wrote to the European Commission today, warning “there is a significant risk of market disruption for EU clearing members and their clients” if the [...]