Before the Bell: Deal or no deal, as the choreography steps up December 8, 2020 Equity markets got the week off to a negative start yesterday, weighed down by a combination of concerns over rising coronavirus cases in the US, and the prospect that the UK and EU appear to be heading down a road to no deal, at the end of this month. From the initial optimism of Sunday [...]
‘V-Day’: First Brits set to receive coronavirus jab December 8, 2020 The first people in the UK are expected to receive the first dose of the coronavirus vaccine later today. The UK is the first country in the world to start a national vaccination programme against coronavirus with the rollout of the Pfizer/Biontech jab. Fifty hospitals will administer the vaccine from this morning after medicine regulators [...]
Brexit talks to continue today after Boris Johnson and von der Leyen call December 8, 2020 Brexit talks will continue this week in Brussels after Boris Johnson and Ursula von der Leyen agreed to give negotiations a final shot. Johnson and von der Leyen are believed to have spoken for about an hour last night to discuss if a deal can be finally agreed before the 31 December deadline. They will [...]
UK jobs market attracts global interest after visa offer to Hong Kong December 8, 2020 Interest in the UK jobs market from non-EU workers has jumped 20 per cent, driven by a surge in job seekers from Hong Kong, according to a new survey. Interest in the London jobs market from non-EU workers has overtaken that from EU ones for the first time in seven years, according to data released [...]
The economic recovery is coming — and it will be powered by micro-businesses December 8, 2020 I wouldn’t be the first to talk about how incredibly difficult 2020 has been for small businesses. And based on the chancellor’s economic forecasts last month, those challenges look set to continue for the foreseeable future. The worst economic downturn in a generation, thousands of businesses and their employees out of work, and continued uncertainty [...]
UK hiring outlook weakest in Europe as Covid hits London jobs market December 8, 2020 UK companies are the most pessimistic in Europe about hiring in the first quarter of next year, according to a major survey, with London’s jobs outlook hitting its lowest level on record as the hospitality industry is battered by coronavirus. However, the overall jobs outlook for the UK for the first three months of next [...]
Nasdaq hits record high as Apple and Facebook enjoy bounce December 7, 2020 The tech-heavy Nasdaq has hit a record high today rising 0.4 per cent, as several of its largest constituents rose in value. Apple stock jumped 1.56 per cent and Facebook rose 2.05 per cent, but a decline in names such as Alphabet and Microsoft kept major averages in check. Large cap growth stocks, which had [...]
Brexit: UK and EU to resume talks after reported breakthrough on fishing December 7, 2020 The UK and EU will continue Brexit talks this week in Brussels after Boris Johnson and Ursula von der Leyen agreed to give negotiations a final shot today. Johnson and von der Leyen are believed to have spoken for two hours this evening to discus if a deal can be finally agreed before the 31 [...]
Brexit: UK ‘prepared’ to axe controversial Internal Market Bill clauses that break international law December 7, 2020 The UK government is “prepared” to remove the controversial Northern Ireland clauses in Boris Johnson’s Internal Market Bill, that could breach international law, if a UK-EU post-Brexit trade deal is reached. A government statement released this afternoon said the UK was willing to take out all clauses in the Internal Market Bill and following Finance [...]
UK takes top-spot in European property investment market December 7, 2020 A recent global survey by international law firm DLA Piper, showed that the UK is considered prime real estate by investors, following Brexit. The survey of 500 investors, developers, and asset managers from across Europe, China and the US, ranked the UK highest for future residential property investment. The study showed that overall, the European [...]