Tory mayor candidate Shaun Bailey shows off his campaign makeover August 5, 2020 Shaun Bailey’s had a tough time of it as the Conservative mayor of London candidate. Chosen back in 2018, he has had two years to raise his profile and launch attacks on the mayor through his role as a London Assembly member. Despite ample opportunity, Bailey did not manage to lay a glove on Sadiq [...]
Gaming Sector Plays On August 5, 2020 In the first of the series, Positive Challenges hears from senior figures working in and supporting the UK’s games sector. The gaming industry still flourishes under the pandemic, becoming one of the most resilient industries. On the panel we have: The gaming industry has been a key part of the 21st-century economy during the pandemic, [...]
Lords urge government to protect UK creative industries in post-Brexit trade deal August 5, 2020 A House of Lords committee has written to the culture secretary demanding clarification on how a post-Brexit trade deal will affect the UK’s “overlooked” creative industries, as Britain edges towards the Brexit transition period deadline. In a letter to Oliver Dowden, the House of Lords EU Services sub-committee urged the government to provide a comprehensive [...]
SMMT: New UK car sales rise 11 per cent post-lockdown August 5, 2020 New UK car sales rose for the first time this year in July as dealerships enjoyed their first full month of trading since reopening after lockdown. According to new figures from the Society of Motor Manufacturers and Traders (SMMT), registrations rose 11.3 per cent last month as pent-up demand and special offers tempted consumers to [...]
Without reform, the government’s Ponzi Pension Scheme will bankrupt us all August 5, 2020 For the past decade, financial markets have been dominated by the ongoing distortions set in motion by the last financial crisis in 2008. Regulatory overkill of City dealing, quantitative easing (QE) and zero interest rate policies (ZIRP) have combined to drive financial assets — stocks and shares — to record prices. Now, the consequences are [...]
A trade deal with Japan flickers on the horizon August 5, 2020 Time is running out to put the finishing touches on the highly anticipated UK-Japan Free Trade Agreement (FTA), among the most important of the UK’s trade treaties in the new post-Brexit era. If one is looking for a way to capture the spirit of global Britain, surely this is it. Japan is the UK’s fourth [...]
BoA: Bank of England to cut interest rates to zero in November August 4, 2020 The BoE is likely to pursue a package of interest rate cuts and quantitative easing in November amid the pandemic and threat of a no-deal Brexit, according to the Bank of America. The Bank will reduce the rate to zero and could go negative if necessary, Bank of America economists predicted in a report today. [...]
Amazon almost doubles size of UK Prime Air drone delivery arm August 4, 2020 Amazon has ramped up expansion of its ambitious drone delivery project, almost doubling the number of staff in its Cambridge-based Prime Air team. Prime Air now has close to 60 staff working on making Amazon deliveries by drone a reality, its largest since the project began in 2016, data on Linkedin showed. Its most recent [...]
Crypto regulation in the UK: Assessing opportunity through the looking glass August 4, 2020 We are now over halfway through 2020, which by many accounts, has been, shall we say, unusual. Coronovirus’s all encompassing impacts aside, we are in the midst of even greater engagement from policy makers looking to bring our nascent industry into the broader regulatory perimeter. We’ve long anticipated that greater regulatory clarity could finally trigger [...]
Russian hackers ‘stole’ US-UK trade deal papers from Liam Fox’s email August 3, 2020 Classified US-UK trade documents were “stolen” from former trade minister Liam Fox’s email account by Russian hackers, according to reports. The papers, which were leaked ahead of the December General Election last year, were accessed via several hacks on Fox’s account between 12 July and 21 October, according to Reuters. Several sources declined to name [...]