D-Day for Rishi Sunak: What do City insiders expect from the Autumn Budget? October 27, 2021 In today’s Autumn Budget, Chancellor Rishi Sunak will outline how he plans to “drive growth while keeping the public finances on a sustainable path”. City A.M. checked in with a number of Square Mile professionals this morning to see what they hope or expect the Budget will bring today. VAT Yesterday the news broke that there will [...]
Government U-turns over water firms dumping sewage in English rivers October 27, 2021 The government has U-turned its decision to block legal obligations being placed on water firms dumping raw sewage into English rivers. This follows an escalating row between ministers and backbench Conservative MPs after they were told to vote down the House of Lords’ amendment to the Environment Bill. Parliament’s upper house had pushed through an [...]
Q&A: why are so many investors still ignoring the UK stock market? October 27, 2021 Q: Are UK shares cheap because they’re “old economy” businesses in the banking, oil and tobacco sectors? Bill Casey: When we speak to management teams of UK-listed businesses, many are pulling their hair out, complaining their shares are lowly “rated” compared to US and European-listed peers. They run good quality businesses which we don’t think have [...]
Trevor Phillips: British history is altered by tearing down statues, not via ‘due process’ October 25, 2021 The tearing down of statues, renaming of streets, and the changing of school curricula without “a rigorous and non-partisan approach” is increasingly altering British history, broadcaster Trevor Phillips warns this morning. A paper written by Phillips and released by the Policy Exchange think tank today claimed there was a “growing trend to alter public history [...]
Greengage looking to be first merchant bank for the digital finance sector October 21, 2021 CEO Sean Kiernan explains how Greengage bridges traditional fiat currency banking and trading with the emerging digital asset and cryptocurrency sector.
Will the new ultra-low emission zone affect your house price? October 21, 2021 The signs are up, the maps have been published – it’s ULEZ time. On Monday, the expanded ultra-low emission zone kicks in, casting a warm glow of low emissions not just over Westminster, but every surrounding neighbourhood within the often-smelly, usually-congested north circular. According to one logistics company, this long-planned expansion may mean that getting [...]
Boris Johnson says ‘we need to move pretty fast’ on fixing Northern Ireland Protocol October 21, 2021 Boris Johnson has today underlined the urgency needed to fix the Northern Ireland Protocol, saying “we need to move pretty fast” to strike a deal with the EU. Johnson, on a visit to Northern Ireland, labelled the post-Brexit treaty as “not coherent with the Belfast Good Friday Agreement”. Negotiations over the implementation of the protocol [...]
COP 26: Modi will attend UK climate conference October 21, 2021 India’s Prime Minister Narendra Modi will go to the COP26 climate conference in Glasgow. The country’s environment minister Bhupender Yadav confirmed his upcoming attendance to Reuters on Thursday. This follows weeks of uncertainty about his participation. Yadav said, “PM is going to Glasgow.” The news will be welcomed in Downing Street, after snubs from both [...]
Covid: Number 10 denies drawing up plans to ban household mixing this winter October 21, 2021 Downing Street has firmly denied reports that the government is drawing up “Plan C” measures to ban household mixing if Covid rates get surge this winter. Boris Johnson’s official spokesman said Brits face a “very challenging winter”, but that it was “not accurate” to say ministers or officials are working on proposals for further restrictions. [...]
Addison Lee and JustPark strike EV charging partnership deal October 21, 2021 Private car hire service Addison Lee has struck a partnership with technology platform JustPark to provide drivers with off-street charging points for electric vehicles (EV). The deal will grant drivers access to Fleetcharge – a charging solution that provides charging locations for fleet drivers. The solution was developed by JustPark in collaboration with Octopus Energy. [...]