Brexit: UK and N Ireland data-sharing progress a ‘positive step’ in protocol wrangling January 10, 2023 Progress between the EU and the UK on post-Brexit data-sharing has been hailed as a “positive step” in ongoing talks to find a solution to the Northern Ireland Protocol row. Foreign Secretary James Cleverly and Northern Ireland Secretary Chris Heaton-Harris met European Commission vice-president Maros Sefcovic in London on Monday, as London and Brussels try [...]
A breakthrough in Northern Ireland will build bridges with businesses as well as in Europe January 10, 2023 As Brexit continues to cause problems for businesses in Britain, finding a resolution with the EU over Northern Ireland would bring some harmony back to our shores, writes Richard Burge.
The Notebook: Victoria Scholar on defensive plays, BA’s new uniforms and Elon Musk’s fall from fortune January 10, 2023 The Notebook is a new feature for 2023, allowing the City’s biggest names to get a few thoughts off their chest. Today it’s the turn of Victoria Scholar, Head of Investment at interactive investor It has been widely reported that the UK is on the brink of recession while a third of the global economy [...]
Sunak and Starmer offer little new year cheer on ailing UK growth path January 10, 2023 This brand new weekly column, published every Tuesday, will drill down into the stories behind the numbers to reveal what makes the UK – and global – economy tick. But, today, inspired by what resembled soon-to-broken new year’s resolutions by political leaders last week, it will make the case for why a stable government economic [...]
Inflation wipes out Christmas sales as Britain stumbles toward recession January 10, 2023 Inflation is forcing Brits to rein in spending to shield their finances, prompting experts today to warn of a rise in high street bankruptcies as the country stumbles into a recession. Retail sales fell in real terms over the Christmas period, when consumers tend to splash the cash on food, new clothes and decorations, according [...]
Struggling Britishvolt in talks with investors about buying majority stake January 9, 2023 A consortium of investors are in talks to buy a majority stake in Britishvolt, offering the troubled battery start-up a much-needed lifeline.
Shell weighs up UK investment plans as windfall tax bites January 9, 2023 Shell is still considering whether to cut back on future energy projects in the North Sea, after the windfall tax was hiked.
Goldman Sachs to axe more than 3,000 bankers in just days January 9, 2023 Wall Street banking giant Goldman Sachs will axe 3,200 workers in just days to protect its finances from a likely recession in the US and a slowdown in global deal making. The lender is expected to shrink its staff force by around 6.5 per cent and will tell workers on Wednesday if they are part [...]
Nuclear boss urges govt to back small modular reactors with ‘pace and urgency’ January 9, 2023 The head of the UK's leading nuclear body has urged the Government to pursue SMRs with "pace and urgency."
Rishi Sunak calls for ‘radical’ action as NHS on ‘knife-edge’ January 7, 2023 Rishi Sunak has urged health leaders at an emergency meeting to take “bold and radical” action to alleviate the winter crisis in the NHS. The Prime Minister told them during Downing Street talks on Saturday that a “business-as-usual mindset won’t fix the challenges we face”. Critics said the discussions would be just a “talking shop” [...]