Solvency II: When will the post-Brexit investment bonanza arrive? September 29, 2023 When Rishi Sunak pointed to a once obscure piece of prudential regulation during a leadership debate last year, it felt to many in the City like a watershed moment.
UK SMEs lack confidence in political parties – but there’s one they favour more September 28, 2023 SMEs’ confidence in all political parties is suffering according to a new poll - although of those who do see their needs reflected in a party, more would point to Labour.
Bank of England lays out another round of changes to Solvency II to free up capital September 28, 2023 The Prudential Regulation Authority (PRA) has set out another round of reforms to the Solvency II regime in an attempt to unlock a wave of investment in the UK economy. The UK government set out its plans for a post-Brexit overhaul of the EU’s Solvency II rules in November last year, with a view to [...]
The Notebook: Jimmy McLoughlin on Morocco’s future and the pleasing results of a stand-up comedy course September 28, 2023 Today, former Downing Street adviser and host of podcast Jimmy’s Jobs Jimmy McLoughlin takes the Notebook pen Morocco: A bridge for Africa Morocco was devastated by the earthquake that occurred on 8 September and caused human and material losses in various regions of the kingdom. Naturally, writing a column like this makes me think about [...]
UK ‘committed to working closely’ with the EU as City firms fear post-Brexit red tape September 27, 2023 The City minister has said the UK is "committed to working closely" with the EU on financial services rules today amid fears that growing divergence between UK and EU regulators will increase the regulatory burden on City firms.
Brexit: Britain to sign sixth US state-level trade deal since leaving EU September 26, 2023 The UK is poised to sign its sixth trade agreement with a US state. Industry and economic security minister Nusrat Ghani will sign a Memorandum of Understanding (MoU) with Washington state in Seattle. The West Coast state is home to major US companies including Amazon, Starbucks, Microsoft and Boeing, with the aerospace sector a priority [...]
Why has US tech surged ahead of the UK? Naked ambition, says top investor September 25, 2023 The deep pockets of US investors are often touted as the fuel behind its world-dominating tech industry. But the real reason might be naked ambition, argues Oliver Holle, founder of pan-European investor Speedinvest.
Former Tory PMs hit back at ‘desperate’ move to ditch HS2 to Manchester September 23, 2023 Former premiers have warned Rishi Sunak about “delivering a mutilated HS2” after his Conservative Government refused to deny it was considering axing the Manchester leg. Boris Johnson said suggestions the Birmingham to Manchester route could be chopped over cost concerns were “desperate” and “Treasury-driven nonsense” as he urged the Prime Minister to deliver on the [...]
Brexit ‘unpicked’? Starmer defends approach to EU as Tories go on the attack September 22, 2023 The Labour leader insisted there was no case for rejoining the EU, its single market or customs union after the Tories seized on comments suggesting he would not “diverge” from Brussels’ rules.
If we’re going to become the ‘crypto country of choice’, we need to learn from Mississippi September 21, 2023 Temple Melville looks at the economy of Mississippi, and believes the US state could be a blueprint for the UK's crypto ambitions.