Friendly competition: Macron and Sunak joke ahead of England-France game December 10, 2022 French President Emmanuel Macron and UK Prime Minister Rishi Sunak have shared a few jokes on Twitter ahead of tonight’s England-France game. Macron said he was looking forward to tonight’s game, asking the PM whether he would wish France good luck in the semi-final, if Les Bleus were to beat England later today. “Dear Rishi [...]
Rishi Sunak: Kremlin needs to leave Ukraine before any agreement considered December 10, 2022 The Kremlin will need to pull its forces out of Ukraine before any peace agreement can be considered, according to Rishi Sunak. Sunak and Ukrainian President Volodymyr Zelensky yesterday agreed on the importance of pre-empting Russia’s calls for a ceasefire. The PM – who met with the president for the first time since becoming prime [...]
What’s that coming over the hill? Is it regulation? December 9, 2022 IDnow's Jason Tucker-Feltham believes the FTX collapse has invited the inevitable, but urges crypto companies to embrace regulation.
Post-Brexit reforms: Hunt aims to ‘turbocharge’ economy with biggest banking shake-up in 30 years December 9, 2022 Chancellor Jeremy Hunt has unveiled plans to “turbocharge growth” with the biggest shake-up in banking reforms for three decades. His so-called Edinburgh reforms announced this morning seek to “seize the benefits of Brexit” by cutting EU red tape for the financial sector. The new measures build on the government’s Mansion House 2021 package, with a [...]
Inheritance tax shows just how antiquated our system is and how much we’re losing December 9, 2022 Ultimately, the UK tax system remains rooted in 19th century principles. It requires modernisation as well as simplification. But it’s not a priority for government,
Hunt to unveil post-Brexit Big Bang 2.0 for UK financial services industry December 8, 2022 Jeremy Hunt will finally unveil the government’s plans to shred EU financial services laws today as he proposes a package to boost the City’s global competitiveness post-Brexit. Hunt will deliver the landmark announcement in Edinburgh this morning, with the chancellor set to drop Solvency II capital requirements on insurance firms and ease current bank ring-fencing [...]
Big Bang 2.0? Smart post-Brexit reforms can put power in the country’s engine December 8, 2022 It may be a transparent nod to the geographical spread of the UK’s financial services industry, but the fact the Chancellor is delivering his thesis on the country’s post-Brexit regulatory regime north of the border is worth noting. The phrase Big Bang 2.0 has been ditched – it’s now the Edinburgh Reforms – but the [...]
Matt Hancock to stand down at the next election December 7, 2022 Matt Hancock will stand down at the next election, with the ex-health secretary telling Rishi Sunak that the Tories “must now reconnect with the public we serve”. Hancock said he had “discovered a whole new world of possibilities which I am excited to explore”, just weeks after he came third on I’m a Celebrity…Get Me [...]
Christmas chaos: Sunak threatens new widespread strike-busting laws December 7, 2022 Rishi Sunak is now looking at new widespread strike-busting legislation as the UK gets ready for a winter of disruption. Sunak announced during Prime Minister’s Questions (PMQs) today that “I have been working for new tough laws to protect people from” increasing strike action, with Number 10 announcing they will go beyond transport strikes. Number [...]
Transport secretary: Minimum service level laws not happening anytime soon December 7, 2022 The government’s legislation on guaranteeing minimum service levels during strike days will not be debated anytime soon, according to transport secretary Mark Harper. Introduced in Parliament following this summer’s rail strikes, the bill’s second reading hasn’t happened yet and can’t be expedited due to a perceived lack of cross-party consensus. The secretary also said the [...]