Canada Corporation calls for extension to UK clearing house access to EU October 6, 2021 The Square Mile’s local authority has called on Brussels to extend the EU’s access to City clearing houses beyond next year to ensure financial stability. Canada Corporation’s policy chair Catherine McGuinness said in Paris today that “the issue of clearing is a real worry for many of us in the City”. The UK’s [...]
PM unaware of British businesses’ ‘lived realities’ October 6, 2021 Business leaders and industry chiefs have lashed out at Prime Minister Boris Johnson for dismissing the “lived realities” of British companies after he delivered the concluding speech at the Conservative Party conference today. In a policy-light but joke-heavy address, Johnson said the UK is barrelling toward a “high wage, high skill and low tax economy” [...]
Boris Johnson vows to transform economy in policy-light party conference speech October 6, 2021 Boris Johnson has vowed to transform the UK into a “high wage, high skill” economy in a Tory party conference speech that was heavy on rhetoric and short on policy. In a classic Johnson speech, the Prime Minister made a bevy of jokes about Labour, numerous literary references and promises to “build back better” and [...]
Why do young Tories dress so badly? October 6, 2021 It is a perpetual truth that stereotypes are a distorting mirror of reality, but that they also take time to develop and therefore are often a reflection of what was, not what is. So it is sartorially with Conservatives. The cliché is probably of a pinstriped, red-faced financier, Rik Mayall’s sneering Alan B’Stard in a [...]
UK-EU monthly exports again above pre-Brexit 2020 levels October 6, 2021 The UK’s monthly exports to the EU were above 2020 levels for the second straight month in June, despite earlier concerns about Brexit disruption. UK exports to the EU increased by £14.3bn and imports increased by £19.1bn in June, according to new figures from the Office for National Statistics. Total export of goods in June [...]
Mass pig culling inevitable if abattoir labour shortage persists, vets warn October 6, 2021 Vets working to tackle pigs’ overcrowding in farms have said Prime Minister Boris Johnson is not taking the abattoir labour shortage seriously, and soon ‘mass culling’ would be the only option left to farmers. Duncan Berkshire, a vet in charge of liasing with the Department for Environment and Rural Affairs to manage the pigs’ overcrowding, [...]
Germany after Merkel: what’s next? October 6, 2021 | City Talk The Anglela Merkel era is drawing to a close in German politics. 16 years as chancellor has brought stability and steady growth, but her departure now leaves a void that her Christian Democratic union (CDU) party has struggled to fill. This weekend’s election is likely to be one of the most open contests in decades. [...]
Rishi Sunak assures City that bonfire of financial services regulations post-Brexit is around the corner October 5, 2021 Rishi Sunak has moved to assure the City that changes to financial services regulation post-Brexit are around the corner as he set out his ambition to “make sure [London] remains the most competitive place in the world for financial services”. When challenged at a Conservative party conference fringe event on why there hasn’t been a [...]
France hits UK with veiled threat to cut off power to Channel Islands October 5, 2021 France has made a veiled threat to cut off power to the Channel Islands in the latest escalation of a long-running fishing row. French European affairs minister Clement Beaune said “we are tired of being nice” and that he “will not stand” for French fishermen being locked out of UK waters by Downing Street. Cabinet [...]
Liz Truss tells Tories to get a grip on cost of living crisis or risk losing next election October 5, 2021 Liz Truss has warned the Tory party that it must ease cost of living pressures by the next election or risk facing the wrath of the electorate. The foreign secretary said that “every sinew of the government needs to be strained to create the conditions for enterprise across the country”. Many Britons are in for [...]
