EU nationals arriving to the UK during Brexit transition period can stay, says government February 28, 2018 EU nationals who come to the UK during the post-Brexit transition period, after March 2019, will be offered the choice to settle, the government has said. Following the European Commission’s publication of its draft withdrawal treaty this morning, the UK government said in a policy paper that any new arrivals to the UK from around [...]
As the Brexit negotiations continue, it’s time for the City’s Leave voters to stand up February 19, 2018 Most people working in the City and the broader field of financial and professionals services supported Remain in the June 2016 referendum. There isn’t much City-specific polling to back this up, but since possessing a degree, living in London and working in a profession are all demographic attributes associated with an increased likelihood to have [...]
Amazon is launching a shipping company to compete with UPS and FedEx February 9, 2018 Online retail giant Amazon is branching out and launching a shipping business, placing it in direct competition with the likes of UPS and FedEx. According to the Wall Street Journal, Shipping with Amazon (SWA) will pick up packages from businesses and ship them to consumers. The group is expected to roll out the new delivery [...]
Ranked: Here are the 20 wealthiest people in cryptocurrency revealed by Forbes’ first ever Crypto Rich List February 7, 2018 Forbes has compiled its first ever Crypto Rich List to rank the 20 wealthiest people in crypto, saying billion-dollar fortunes have been created almost overnight. Top of the list is Ripple founder Chris Larsen, with Forbes saying his net worth came close to $20bn in early January, as a result of owning 5.2bn XRP – [...]
Immigration white paper delayed until ‘the time is right’, says minister February 5, 2018 The government has been attacked for shelving its white paper on immigration, just weeks after it put off plans for similar work on financial services. Home Office minister Caroline Nokes today gave no clarification on when a paper would be published, saying only that it would be made public "in the coming months, when the [...]
Boss of British Airways owner IAG Willie Walsh urges end to delay on 10-year Chinese visas to boost post-Brexit ties January 29, 2018 Willie Walsh has written to home secretary Amber Rudd saying it needs to be easier for Chinese visitors to visit the UK, warning that Britain will miss out on the economic boost brought from Chinese investment and affluent tourists. The boss of British Airways parent firm IAG has urged the government to introduce a new [...]
GDPR spurs Facebook too publish “privacy principles” and education campaign January 29, 2018 Facebook is doubling down on a privacy drive with the publication of “principles” ahead of the roll out of tough new laws in Europe. The tech giant, which is currently under scrutiny over its reach and power, has for the first time explicitly outlined its stance on data privacy with seven key principles and the [...]
UK immigration: Number of European workers in the City of London hits highest level on record January 29, 2018 The number of European workers in the City has hit its highest level on record. Data from the Office for National Statistics, published by the City of London Corporation, shows nearly a fifth (18 per cent) of the City’s workers came from the European Economic Area (EEA) in 2016, the highest ever recorded. Read more: [...]
Markets roundup: Pound sterling rally hasn’t stopped the FTSE 100 from closing up January 26, 2018 London’s blue-chip index closed higher today despite a rally in the pound. The FTSE 100 index closed 0.6 per cent higher at 7,660.92 points. Meanwhile, the pound, which hit post-Brexit record highs week, got an extra boost against the dollar after UK GDP figures came in above expectations. The UK’s economy grew 0.5 per cent [...]
The digital nomads: How to pack a suitcase and start a new life working from abroad January 25, 2018 Who among us hasn’t dreamed of jacking in their day job to trade forex from a laptop in Malibu or open a beach bar in Thailand? You might have read The 4-Hour Work Week by Tim Ferriss and asked why you haven’t yet “escaped the nine-to-five to live anywhere and join the new rich”. I [...]