Bank of England’s Andrew Bailey ‘optimistic’ that inflation will fall but still ‘too early’ to discuss rate cuts November 8, 2023 Speaking at a conference hosted by the Central Bank of Ireland, Mr Bailey said that Brexit had reduced the openness of the British economy.
Bailey warns against fragmenting clearing market as EU pushes on with post-Brexit plans November 8, 2023 Andrew Bailey, governor of the Bank of England, has warned policymakers against taking steps that would lead to increasing fragmentation in the financial system.
Politicians are wading in abstract sentiments, it won’t win votes November 8, 2023 Rishi Sunak can be forgiven for not weighing down the King’s Speech. Political parties can't win unless they explain what they will do.
UK ditches company working time rules in further post-Brexit red tape cuts November 8, 2023 The government is tackling out-of-date UK regulations by amending several post-Brexit retained EU laws — ensuring those like working time rules are “fit for purpose” to further jobs growth. A reduction of time-consuming reporting requirements and simplified calculations for annual leave and holiday pay under the Working Time Regulations are part of the reforms, as [...]
State of the City: Is red tape holding back the Square Mile? November 7, 2023 Regulators and officials have been hoping to boost London's appeal on the global stage - but it has been a bruising year for the City.
The Conservatives need to embrace a capitalism that serves young Britons November 7, 2023 Michael Gove and Paul Marshall are paving a new direction for capitalism that the Conservatives would do well to follow, writes Adam Hawksbee.
70 per cent of Tory members think Nigel Farage should be able to join, poll finds November 6, 2023 Almost three quarters of Conservative members say Nigel Farage should be allowed to join the party if he wishes to, according to a ConservativeHome poll.
Watchdog sorry for suggesting ex-Natwest boss Rose broke data rules over Farage ‘debanking’ scandal November 6, 2023 The UK's data watchdog has apologised to former Natwest chief executive Dame Alison Rose for suggesting that she was personally under investigation for breaching data rules in a "debanking" scandal involving Nigel Farage.
UK faces ‘mammoth’ infrastructure investment challenge November 6, 2023 The UK faces a £615bn funding challenge to meet its energy, transport and housing infrastructure needs by 2030.
UK must stop talking itself down, says Badenoch as report shows Brexit hasn’t hurt trade November 6, 2023 Business and trade secretary Kemi Badenoch has said the UK needs to stop talking itself down after a new report argued Brexit hasn’t damaged UK-EU trade to the extent some might have feared.