Reeves says Labour still committed to post-Brexit equivalence for the City November 16, 2021 Labour is still committed to getting a post-Brexit equivalence deal for the UK’s financial services sector if elected, shadow chancellor Rachel Reeves has said. Reeves told TheCityUK’s national conference today that, if elected, Labour will “fix some of the holes in the patchwork Brexit deal with the EU”. The UK’s financial services sector has not [...]
Russia hits back at US accusations that it put astronauts at risk with ‘reckless’ missile trial November 16, 2021 Russia has hit back at US accusations that it put astronauts at risk with its “reckless” anti-satellite missile trial, which saw crew onboard the International Space Station (ISS) shelter from orbiting debris. Crew were directed to close some hatches to keep safe. Roscosmos, Russia’s state space agency, said that it was monitoring the debris situation [...]
Jacob Rees-Mogg admits blame in Owen Paterson saga in wake of sleaze scandal November 16, 2021 Jacob Rees-Mogg has admitted he, and not Boris Johnson, was behind the government’s attempt to protect ex-MP Owen Paterson from facing punishment for his breach of Westminster lobbying rules. The leader of the House of Commons today said “I encouraged the Prime Minister to go down this route and I was wrong, I made a [...]
Azeem Rafiq: ‘What’s happened to me has happened, it will never change’ November 16, 2021 Azeem Rafiq has recounted his experiences of racism and bullying this morning before a parliamentary select committee looking into cricket’s racism problem, saying he’s “lost his career because of racism”. Rafiq, a former bowler at Yorkshire County Cricket Club (YCCC) appeared this morning at the Digital, Culture, Media and Sport Select Mommittee in Westminster. Speaking [...]
Tory MP Caroline Nokes and New Statesman journalist accuse Boris Johnson’s father Stanley of touching them November 16, 2021 Stanley Johnson, the Prime Minister’s father, is accused of inappropriately touching a senior Tory MP and a journalist. Caroline Nokes said the elder Johnson forcefully smacked her on the backside and said she has “a lovely seat” in 2003 ahead of him running to be a Tory MP. Johnson declined to comment about her allegation [...]
Johnson says ‘internationalism failed us’ during Covid as he takes shots at EU November 15, 2021 Boris Johnson has tonight claimed “internationalism failed us” during Covid-19 as he takes shots at the EU for its reliance on Russian gas and its threats to ban vaccine exports earlier this year. The Prime Minister said at the Lord Mayor of London’s banquet in Guildhall that the UK was a “victim” of “the crazy [...]
UK calls for ‘constructive’ work with France on migrant crisis November 15, 2021 The UK government has said it wants to work “constructively” with France to tackle the migrant crisis. It comes as a record number of people, 1,185, arrived on the country’s shores last week, according to PA data, which forms part of the more than 23,500 people that have risked the Channel and made it to [...]
UK government expands post-Brexit loan programme for exporters to overseas firms November 15, 2021 Overseas firms looking to set up shop and export from the UK will now be eligible to take out government-backed loans potentially worth billions of pounds, after an expansion of a post-Brexit lending programme. International trade secretary Anne-Marie Trevelyan said the new policy, done through the UK government’s credit agency UK Export Finance, will help [...]
ESG, but what about the S? New City Lord Mayor seeks to improve diversity November 15, 2021 The City’s new Lord Mayor has urged that, while the financial hub’s recent environment work has been noted – more work needs to be done on diversity. “Fewer than one in 10 management roles in financial services sector are held by Black, Asian, or other ethnic minority people,” City Lord Mayor Vincent Keaveny said. “I [...]
Johnson: Get a booster jab or face Covid restrictions over winter November 15, 2021 Boris Johnson has warned that eligible people need to get their booster jabs if England is going to avoid fresh Covid restrictions over winter. Johnson today said a “new wave of Covid has steadily swept” through Europe and that “if we want to control the pandemic in the UK and avoid restrictions on our daily lives, [...]