UK ramps up preparations for India trade deal negotiations May 24, 2021 International trade secretary Liz Truss is set to begin a 14-week consultation with businesses on what to prioritise in soon to begin UK-India trade deal negotiations. Truss has said this mean the UK was “firing the starting gun on a free trade deal with India” before negotiations officially begin later this year. The UK’s trading [...]
UK tells airlines to avoid Belarusian airspace and suspends state carrier’s license over ‘hijacking’ May 24, 2021 The UK has joined a number of other countries in instructing airlines to avoid Belarusian airspace after a commercial flight was intercepted by a fighter jet and diverted to the country to arrest a journalist. Transport secretary Grant Shapps tweeted that he had instructed the UK’s Civil Aviation Authority (CAA) to ask planes to steer [...]
Cash clueless: Nearly half of Brits don’t know what an overdraft or mortgage is May 24, 2021 A new study has found that more than one in four people in the UK don’t feel confident when it comes to handling their personal finances. The research, carried out by debt management company Lowell and shared with City A.M. this evening, found that just a third of people claim to feel “very confident” when handling [...]
Serious Fraud Office encouraged ‘Machiavellian’ top City lawyer to leak client’s file, court told May 24, 2021 The Serious Fraud Office encouraged a “Machiavellian” top City lawyer to leak confidential information about his client while it was under investigation for alleged bribery, corruption and fraud, the High Court heard today. Eurasian Natural Resources Corporation (ENRC) is suing the SFO for alleged misfeasance in public office over an investigation into the Kazakh mining [...]
Truss: There will be ‘very long transition’ in any UK-Australia trade deal May 24, 2021 British farmers will be given a “very long transition” to prepare for new competition from any UK-Australia trade deal, according to international trade secretary Liz Truss. Truss suggested the deal will result in zero quotas and tariffs on Australian agricultural exports, but said she was “fully confident” British farmers would be able to compete. A cabinet [...]
London shopper numbers surge as return of indoor dining drives up trips to city centre May 24, 2021 shopper numbers surge as return of indoor dining drives up trips
Brexit exclusive: UK-Norway trade deal close to collapsing as Christian-Democrats block pact to protect farmers from British beef and cheese May 24, 2021 A comprehensive free trade deal between the UK and Norway is at risk of collapsing as the Christian Democrat party fears such a pact would hit farmers in Scandinavia’s richest country too hard. The Christian Democrats party (Krf), part of the current coalition government, plans to block opening up the Norwegian market to British beef [...]
CBI: Bold changes needed after pandemic to transform the UK into trading powerhouse May 24, 2021 CBI: Bold changes needed to transform UK into trading powerhouse
After the Martin Bashir scandal, the BBC must claw back its status as a cultural embassy for Britain May 24, 2021 It has been a bad weekend for the BBC. The fall-out from Lord Dyson’s report on Martin Bashir and his infamous interview with Diana, Princess of Wales, has exposed not just individual wrongdoing by a rogue journalist but an institutional desire—and ability—to look the other way and excuse appalling behaviour because it delivered a scoop [...]
Marks & Spencer set to buy more food from EU amid border disruption in Northern Ireland May 23, 2021 Marks & Spencer will reportedly start buying more food from the EU as it looks to reshape some of its supply chain amidst chaos on the Northern Ireland border. The retailer is looking to source more products from companies on the Continent as well as from Ireland and Northern Ireland, the Telegraph reported. It comes [...]