A legal puzzle: How to solve the post-Brexit Northern Ireland border July 12, 2023 Barnabas Reynolds is a partner at Shearman & Sterling LLP and the co-author of Mutual Enforcement, a recent publication by Centre for Brexit Policy. In this guest essay he makes the case that the UK can only solve the Northern Ireland border issue by drawing up an entirely new solution. It is sometimes possible to [...]
Starmer more trusted to build a strong economy than Sunak, poll finds July 11, 2023 Sir Keir Starmer has gained a seven point lead over Rishi Sunak on being trusted to build a strong economy, a poll of voters has found. Based on whether the public trusted them on the economy, the Labour Party leader scored 39 per cent compared to the Prime Minister’s 32 per cent, while just 29 [...]
China is main ‘threat’ to economic security – and UK blocked EIGHT Beijing takeover bids in last year July 11, 2023 China is the biggest “state-based threat” to the UK’s economic security, deputy prime minister Oliver Dowden has said. Cabinet Office figures have revealed the government intervened in eight attempts by Chinese buyers to takeover UK firms due to national security fears in the last year. Dowden told the BBC Chinese deals posed risks due to [...]
Can Jeremy Hunt’s Mansion House reforms cure London markets’ malaise? July 11, 2023 Jeremy Hunt’s package of City reform has been hailed by top figures across the Square Mile today - even as one top money manager cast doubt on whether it would prove the right elixir for London’s market woes.
Digitisation of trade docs would save firms £1.1bn and put UK ‘ahead of G7 and most the world’ July 11, 2023 Businesses are expected to save £1.1 billion over 10 years through a proposed change in the law that will allow for greater digitalisation of documents used in international trade, a minister has said. Minister for tech and the digital economy Paul Scully said the change would put the UK at the “forefront of international trade [...]
Biden hails US-UK relationship as he meets Sunak at No10 July 10, 2023 US President Joe Biden hailed the “rock-solid” relationship between the US and the UK as he met Prime Minister Rishi Sunak in Downing Street. The US President praised the closeness of ties between the two countries as he and the Prime Minister held talks in the garden of No10. Biden, whose short layover in London [...]
Families unfairly penalised by UK tax system, CPS report warns July 10, 2023 The UK tax system must be reformed so that families are no longer unfairly penalised, a think tank has warned. Couples with two children and a single earner of £60,000 will pay over £7,000 more tax than if both parents earned £30,000 each, Centre for Policy Studies (CPS) researchers found. Research found single-earner married couples [...]
Jeremy Hunt unveils plans to boost pension funds’ investment July 10, 2023 Jeremy Hunt is set to announce hotly-anticipated plans to supercharge pension funds to invest in high-growth sectors and boost British businesses. The Chancellor will spell out his plans today to encourage schemes to invest cash in infrastructure, startups and green tech – in a bid to rocket power the UK’s growth while avoiding adding to [...]
Labour mortgage summit amid brewing repayments crisis July 9, 2023 Labour are set to hold crunch talks with mortgage brokers this week amid a brewing repayments crisis. Shadow chancellor Rachel Reeves has pledged homeownership will be the core of her ‘securenomics’ philosophy as she claimed Labour is now the party of house buyers. Reeves and shadow levelling up secretary Lisa Nandy will attend the summit [...]
President Joe Biden to land in UK amid cluster bombs row over Ukraine July 9, 2023 President Joe Biden is set to land in the UK today amid an international row over the US supplying cluster bombs to Ukraine. The trip, which the White House hopes will “showcase the president’s leadership on the world stage”, is expected to be dominated by the weapons and Ukraine’s potential NATO entry. Biden has committed [...]
