Prime Minister warns “time is very short” for a Brexit deal October 26, 2020 Prime Minister Boris Johnson has warned that “time is very short” to overcome key stumbling blocks in Brexit negotiations, as EU chief negotiator Michel Barnier meets with ministers today to try and hammer out a last-minute trade deal. “There is much work to be done if we’re going to bridge what are the significant gaps [...]
Number 10 extends Brexit talks until Wednesday October 26, 2020 Brexit negotiations between the UK and EU have been extended until Wednesday, Number 10 said today, as the two sides hold crunch talks in the hopes of hammering out a last-minute trade deal. EU chief negotiator Michel Barnier arrived in London on Thursday to restart discussions with UK envoy David Frost after talks stalled last [...]
High-flying City figures to be exempt from quarantine rules October 26, 2020 City dealmakers, hedge fund managers and executives flying into the UK are set to be exempt from the current 14-day quarantine period in a bid to “promote global Britain”, according to reports. Fresh guidelines being drawn up by the government would see the fortnight self-isolation period scrapped for senior bankers, hedge fund managers and executives [...]
How much is Donald Trump worth? Judging by his Scottish golf resorts, not as much as you think October 26, 2020 You might have missed the news in the avalanche of election stories pouring out of America, but earlier this month, Donald Trump received planning approval for a new golf course at his Aberdeenshire resort. But before you get too excited (or outraged), understand that it is unlikely to ever be built. The President’s Scottish properties [...]
Congratulations Brussels for capturing EU states’ financial sovereignty October 26, 2020 The European Union achieved spectacular market success this month when it launched its new “Support to mitigate Unemployment Risks in an Emergency” bond programme (SURE). The €100bn programme will be used by the EU to support member nations addressing pandemic job security and social welfare weakness over the next year. The first €17bn bond issue [...]
Exclusive: Just 16 per cent of firms trust government on Brexit, according to poll October 24, 2020 Only 16 per cent of UK businesses trust the government to manage Brexit effectively, according to polling shared exclusively with City A.M. Just over 40 per cent of firms said the coronavirus pandemic had derailed their Brexit planning, the polling commissioned by logistics firm One World Express showed. The UK and EU gave themselves less [...]
Energy boss turns boat entrepreneur in luxury launch October 23, 2020 We may be staring into the face of a recession but that hasn’t stopped one entrepreneur from making a splash this winter, bringing a range of luxury speedboats to the UK. Dr Karen Dickens has launched Comitti Boats UK & Caribbean, bringing these high-end Italian motor boats to a British audience for the first time. [...]
‘Britain is better off with Biden’: Former chancellor backs Trump rival for President October 23, 2020 Boris Johnson’s former chancellor has become the first Conservative MP to lend his name to a presidential candidate by publicly backing Joe Biden to become US President. Sajid Javid today said “Britain is better off with Biden”, as he laid his case for the Democrat to take the reins from incumbent President Donald Trump while [...]
MPs ‘seriously concerned’ that British businesses are not ready for Brexit October 23, 2020 The Treasury Committee has written to chancellor Rishi Sunak to express “serious concerns” that an eleventh-hour trade deal with the EU would not give businesses enough time to prepare for Brexit. The select committee said it was left with a “significant number of outstanding questions and issues”, following an evidence session around the UK’s preparedness [...]
LSE expects Refinitiv deal to close early 2021 October 23, 2020 The London Stock Exchange expects to complete its $27bn acquisition of data analystics firm Refinitiv in the first quarter of next year, LSE said this morning. Earlier this month LSE agreed the sale of Borsa Italiana as part of remedies to appease the European competition watchdog. LSE also said it is well positioned for Brexit [...]