Brexit: Business and backbenchers to support Prime Minister Theresa May’s impasse-breaking divorce bill speech September 19, 2017 Theresa May will be backed by backbenchers and business if she broaches the issue of the Brexit divorce bill in a significant speech later this week. The Prime Minister, who is currently in Canada trying to secure a pre-Brexit agreement on future trading, will be in Florence later on Friday to deliver a critical intervention [...]
London businesses suffer the highest level of employee frauds in the UK September 18, 2017 British businesses lost at least £40m last year from frauds perpetrated by their own employees, with London accounting for the largest chunk by far, new data published today has revealed. Losses from employee fraud were highest in the Greater London area covered by the Metropolitan Police, at £7m in 2016/17, according to government figures obtained [...]
City flexes its muscle as Brexit talks resume: Transitional services deal needed by Christmas to avoid harm say business leaders August 28, 2017 Brexit secretary David Davis and his EU counterpart Michel Barnier launched the latest round of exit talks last night, as the City expressed fresh concern over the lack of progress on a transitional deal for financial services. Senior business figures are warning the government to secure a bespoke transitional Brexit deal for financial services by [...]
UK current account deficit £18bn bigger in 2015 than previously thought says Office for National Statistics (ONS) August 21, 2017 The UK’s mammoth current account deficit was £18bn larger than previously thought in 2015, according to revisions to the national accounts released today by government statisticians. The Office for National Statistics (ONS) released the revisions today ahead of changes to how the national accounts are collated, which will be begin with revised national accounts figures [...]
Shin Godzilla film review: A delightfully silly, politically astute return to the schlocky origins of the world’s favourite monster August 11, 2017 He may be approaching retirement age, but 63-year-old Godzilla can still bring home the bacon. A big-budget Warner Bros movie pitting him against fellow monster King Kong is currently in the pipeline, and Bryan Cranston’s 2014 reboot made more than $500m at the box office. Shin Godzilla – or “Godzilla Resurgence” as it’s translated for [...]
City of London’s top EU envoy slams “bewildering” Brussels approach to negotiations: The colourful European dispatches of Jeremy Browne revealed August 10, 2017 The City of London’s top Brexit envoy has slammed Brussels’ approach to negotiating with the UK as “bewildering” and “reckless”. Documents seen by City A.M. show former Lib Dem Home Office minister Jeremy Browne, the City of London Corporation’s special representative to the EU, is also fearful that the bloc is “affronted by the idea [...]
UK trade balance widens again a year after the Brexit vote August 10, 2017 Britain’s trade deficit with the rest of the world went up again in June, as the amount of goods and services being imported to the country grew. The UK’s total trade deficit widened by £2bn to £4.6bn, according to the Office for National Statistics. This marks the widest gap since September last year. Read more: [...]
Landing cards to be scrapped under Home Office plans to modernise border control August 5, 2017 Non-european travellers will no longer have to fill in landing cards when arriving in the UK under new proposals announced by the Home Office today. The paper-based system, which has been in use for nearly half a century, is expected to be scrapped in the autumn. Read more: Ryanair boss warns of “no holidays” in [...]
The London Stock Exchange Group has started using blockchain technology July 19, 2017 London Stock Exchange Group will use blockchain technology to help un-listed businesses make shareholding information more transparent. It will use IBM’s hyperledger technology to make the information of small and medium sized private companies digital, which the exchange hopes can give them access to more mature investors. A small trial will initially begin with Borsa [...]
Sector charge for more women to get top jobs in finance gathers pace as firms shake up succession planning and hiring practices July 9, 2017 A push to secure more women top roles in the finance sector is gathering pace, as a fresh batch of firms have signed up to a charter devised by the Treasury to build the pipeline of female talent for leadership positions. Some 25 new firms have signed up to the Women in Finance Charter, taking [...]