UK says any global tax deal must tackle Big Tech ahead of G7 meeting May 27, 2021 UK says any global tax deal must tackle Big Tech ahead of G7 meeting
Full reopening key for West End landlord Shaftesbury after its £338m loss over winter lockdown May 25, 2021 West End landlord Shaftesbury banking on a summer revival after its £338m loss over winter lockdown
UK tells airlines to avoid Belarusian airspace and suspends state carrier’s license over ‘hijacking’ May 24, 2021 The UK has joined a number of other countries in instructing airlines to avoid Belarusian airspace after a commercial flight was intercepted by a fighter jet and diverted to the country to arrest a journalist. Transport secretary Grant Shapps tweeted that he had instructed the UK’s Civil Aviation Authority (CAA) to ask planes to steer [...]
London shopper numbers surge as return of indoor dining drives up trips to city centre May 24, 2021 shopper numbers surge as return of indoor dining drives up trips
Marks & Spencer set to buy more food from EU amid border disruption in Northern Ireland May 23, 2021 Marks & Spencer will reportedly start buying more food from the EU as it looks to reshape some of its supply chain amidst chaos on the Northern Ireland border. The retailer is looking to source more products from companies on the Continent as well as from Ireland and Northern Ireland, the Telegraph reported. It comes [...]
Heathrow to open separate terminal for red list arrivals May 21, 2021 Heathrow Airport will open a dedicated terminal for arrivals from red list countries in a bid to minimise mixing between passengers from different destinations. The UK’s largest airport said it would introduce segregated arrivals for people travelling from high-risk red countries in Terminal 3 from 1 June. They will then travel to a hotel to [...]
Brexit impact: Heathrow loses legal bid over end of tax-free shopping for tourists May 21, 2021 Heathrow Airport has lost a High Court bid to challenge the scrapping of tax-free shopping for tourists. Two schemes providing VAT-free shopping for some international visitors were withdrawn by the Treasury at the end of the Brexit transition period on 1 January of this year. The Treasury and HMRC’s decision related to the VAT Retail [...]
Boris Johnson must throw his support behind London to ensure an economic recovery May 20, 2021 Many people are overjoyed to return to central London and the streets are slowly coming back to life as colleagues, friends and families meet in outdoor cafes, restaurants and bars. Talk to any cabbie or shopkeeper and they’ll tell you that business and footfall is a long way from pre-pandemic levels. Hopes are pinned on [...]
West End landlord Great Portland Estates swings to loss as tourists and Londoners stay at home May 19, 2021 West End landlord Great Portland Estates slump as tourists and Londoners stay at home
The City is the global gateway for financial flows post-Brexit, says Africa’s rising finance star May 13, 2021 With the focus of Brexit being on the relationship between the UK and EU, some in the City and beyond argue that not enough attention is given to the international impact of Brexit, specifically on Africa. With the removal of European market caps, there has been an increase in trade between the UK and Africa, [...]