Brexit breakthrough: Cabinet ministers poised to back modified max fac customs option as Irish border solution breaks Brexit deadlock June 1, 2018 Ministers charged with determining the UK’s position on post-Brexit customs are poised to argue for a modified version of the “max fac” option, after making a breakthrough on the Irish border issue, City A.M. understands. For nearly a month, Cabinet ministers have been analysing the two options – the new customs partnership, or NCP, initially [...]
Exclusive: Cabinet ministers poised to back max fac customs option as Irish border solution breaks Brexit deadlock May 31, 2018 Ministers charged with determining the UK’s position on post-Brexit customs are poised to argue for a modified version of the “max fac” option, after making a breakthrough on the Irish border issue, City A.M. understands. For nearly a month, Cabinet ministers have been analysing the two options – the new customs partnership, or NCP, initially [...]
UK economy looks more positive for the second quarter May 31, 2018 Last week European markets posted their first weekly loss since March, breaking a run of eight consecutive weekly gains, raising the prospect that we could be on the cusp of a period of consolidation after a run that has seen the FTSE100 run up from lows of 6,840 in March to a new record high [...]
In-demand shared office firm IWG rejects offer from US investor Prime Opportunities May 29, 2018 Shared office space firm IWG has rejected an offer from Los Angeles-based property investor Prime Opportunities, just two weeks after it confirmed it had received offers from a trio of other firms. Prime Opportunities said that it had led a consortium which made a cash offer for the entire business, but that IWG had dismissed [...]
GDPR can rebuild public trust in businesses plagued by high-profile data breaches and privacy scandals May 25, 2018 I’ve been meaning to clean up my mailbox for a long time. Now, suddenly, it seems to be doing this itself. As a consumer, this feels like a welcome bit of help. But its more than that – these emails are a critical part of the UK’s future economic success. The great inbox purge marks [...]
Visas could cost UK firms 300 per cent more after Brexit, warns report May 21, 2018 British businesses could face soaring costs when hiring employees from Europe unless the UK’s immigration system is reformed, a new report has found. Firms bringing skilled European workers into the UK could face an increase in costs of up to 300 per cent unless changes are made in preparation for Brexit, TheCityUK and EY warned. [...]
Royal Mail share price falls as record revenues fail to offset profit problems May 17, 2018 Royal Mail today blasted through the £10bn revenue barrier, as continued stellar growth overseas offset a stuttering performance in the UK. But shares fell five per cent this morning with investors disappointed by a sharp deterioration in annual profits, which were hurt by charges from the firm’s pension fund overhaul. Today’s results take the shine [...]
Martin Lewis sets out demands to Facebook ahead of court action May 16, 2018 Money guru Martin Lewis has said he will settle his legal action against Facebook if the social networking site meets his demands. Following a meeting with senior Facebook executives at the company’s London offices, Lewis took to social media to say he was “hopeful” that the situation could be resolved. “I don’t particularly want my [...]
Government calls in the lawyers to check if two customs options are legal May 16, 2018 Cabinet office minister David Lidington admitted this morning that the government had asked lawyers to look at the two post-Brexit customs options to check if they are legal. The cabinet is currently divided over two future customs options – the customs partnership model, which would see the UK collect taxes on behalf of the EU [...]
Outgoing Serious Fraud Office boss David Green QC in talks with magic circle firm Slaughter and May May 15, 2018 Former Serious Fraud Office (SFO) boss David Green QC is in talks to join magic circle firm Slaughter and May. Website Legal Week has reported that the former SFO director has made an application to the Advisory Committee on Business Appointments which decides on the suitability of new jobs for former senior civil servants and [...]