Introducing MiCA: Europe’s proposed cryptoasset laws, explained October 16, 2020 As the European Commission launched its long-awaited Digital Finance Strategy in late September, a senior official announced: “The future of finance is digital”. The Commission sees digital finance as a weapon in its arsenal as it seeks to relaunch and modernise the European economy to recover from the Covid-19 pandemic, and the Strategy sets out [...]
Our Pick: Pictures of the Day – October 15 October 15, 2020 Our Pick: Pictures of the Day - October 15
Brexit: Government warns of 7,000-long lorry queues in Kent September 23, 2020 Ministers have warned of 7,000-long lorry queues in Kent after the Brexit transition period ends. In a letter to the freight industry cabinet minister Michael Gove warned exporters would face long queues and a two-day delay to trade. Imports will also be disrupted in January, while delays could be worsened if a winter spike in [...]
Exclusive: Central London will not be busy any time soon, says Sadiq Khan September 6, 2020 Sadiq Khan has admitted central London will not be “anywhere near” pre-Covid levels for months to come as he prepares to survey businesses about their back to office plans. The London mayor told City A.M. in an exclusive interview – released tomorrow in full – that office and public transport social distancing rules meant central [...]
Covid-19 does not prove the case for Scottish independence — if anything it does the opposite September 4, 2020 Scotland has had a “good” pandemic. Nicola Sturgeon has excelled. The incompetence of the government south of the border proves once and for all that an independent Scotland would flourish. Or so the Scottish Nationalists will tell you. And it seems to be working. While Boris Johnson was hospitalised and convalescing after his own brush [...]
City figures brought in to advise on UK trade negotiations August 25, 2020 Some of the City of London’s most prominent business leaders have been drafted in by the government to consult on the UK’s ongoing trade negotiations. Leaders from companies such as EY, Barclays and HSBC will be members of the Department of International Trade’s newly formed trade advisory groups. The government is simultaneously negotiating trade deal [...]
City figures worried about prospect of Brexit without trade deal July 23, 2020 City of London figures have expressed concern about the increasing likelihood of the UK leaving the post-Brexit transition period without a deal. The latest round of talks wrapped up today, with both sides saying no serious progress was made on the most contentious issues. The two largest areas of contention are still EU fishing access [...]
PM calls for driverless Tube trains in TfL bailout July 6, 2020 Boris Johnson has said that driverless Tube trains should be a condition of any future government bailout of Transport for London (TfL). The government gave TfL a £1.6bn support package in May following a slump in revenue as the coronavirus lockdown prevented commuters from using the service. The funding is due to expire in September. [...]
Super Saturday: Pubs to open as London braces for boozing Brits July 3, 2020 Pubs and restaurants up and down the country are preparing to open tomorrow – dubbed Super Saturday – for the first time since lockdown began, as Brits readjust to life under social distancing. Bars and eateries will be allowed to open their doors for the first time using measures such as table service and visitor [...]
City of London Corporation criticised for awarding above-inflation pay rises during coronavirus crisis June 30, 2020 A London think tank has slammed the City of London Corporation for giving staff a pay rise above inflation levels during the coronavirus crisis. The Corporation recently confirmed that all its staff would receive a 2.25 per cent yearly pay rise from 2020 to 2023 as well as an additional 5 per cent annual increase [...]