Brexit: Business groups and unions call for delay of EU legislation bonfire November 24, 2022 Leading British business groups and unions have called on Rishi Sunak to delay post-Brexit plans to shred all retained EU laws by 2023. In a letter signed by more than a dozen institutions – including the Institute of Directors and Trades Union Congress (TUC) – the groups said the plans would “cause significant confusion and [...]
Sunak backs down against BoE and ditches call-in power over City regulators November 23, 2022 The government has tonight confirmed it will scrap controversial plans to allow MPs to overrule City regulators as part of a post-Brexit Big Bang 2.0 blueprint. The decision to ditch the plans marked a victory for the Bank of England and the Financial Conduct Authority (FCA), who have both previously warned that introducing the so-called [...]
Hunt says he’s ‘very concerned’ about tax burden and ‘absolutely’ wants to cut it November 23, 2022 Chancellor Jeremy Hunt has said he is “very concerned” about the UK’s soaring tax burden and that he “absolutely” wants to cut it. Hunt told MPs on a Westminster committee today that “if taxes are too high it makes it difficult to be a modern, dynamic economy”, while also backing his decision last week to [...]
Wartsila boss calls for onshore wind to power Europe’s energy ambitions November 23, 2022 Onshore wind should "absolutely" be part of Europe's ambitions, as it looks meet net zero goals and reduce its reliance on overseas supplies.
UK healthcare: three changes I’d be thankful for November 23, 2022 The festive season here in the UK has not quite begun, but within American businesses like ours it’s traditional at this time of year for people to reflect and celebrate Thanksgiving Day to give thanks for our health and happiness, for our friends and family. Like many people across the UK, one thing I’m incredibly [...]
Badenoch to host trade forum with South African President Ramaphosa November 23, 2022 Kemi Badenoch will host a roundtable forum with South African President Cyril Ramaphosa today, with the trade secretary looking to boost exports to the continent. Badenoch said this morning that a “UK-South Africa Investment Taskforce” was looking to break down trade barriers with the Commonwealth nation, however there are no current plans to extend the trade deal [...]
Sturgeon ‘accepts’ court decision to block Scottish independence referendum November 23, 2022 Nicola Sturgeon has said she “accepts” today’s decision from the Supreme Court to block another independence referendum without Westminster’s consent, but that “democracy won’t be denied”. The Scottish First Minister said the decision only “blocks one route to Scotland’s voice being heard on independence” and that the next General Election, due by the start of [...]
Exclusive: Government oblivious to scale of crypto tax-dodging despite ‘global hub’ plans November 23, 2022 The government has made no calculations on the amount of dodged tax takings on cryptoassets despite the Treasury’s plans to turn the UK into a hub for crypto, City A.M. has learned.
It doesn’t matter if Sunak has a private GP, it matters if he knows most people don’t November 23, 2022 Our leaders should be able to understand and fight for seminal issues even if they have not had first hand experience of what happens when the system fails.
South Africa President urges UK to give climate reparations to poor nations during London visit November 22, 2022 South Africa President Cyril Ramaphosa has called on the UK to give climate reparations to “low and medium income countries” during his state visit to the UK – the first under the reign of King Charles III. Ramaphosa told a joint sitting of parliament today that countries like South Africa should receive funding from rich [...]