Government must ‘level up’ foreign investment across Britain, urges select committee September 23, 2021 An influential commons select committee has criticised the government for failing to map out its plan for spreading foreign investment more evenly across the UK to achieve its “levelling up agenda”. The International Trade Committee (ITC) slammed the government in a report published today for promoting foreign investment’s role in boosting economic prosperity in forgotten [...]
Boris Johnson tells France to ‘donnez-moi un break’ over AUKUS sub deal September 22, 2021 Boris Johnson has told France “prenez un grip” and donnez-moi un break” over the trilateral deal between the UK, US and Australia to build new nuclear submarines. Johnson appeared to mock the French for their furious response to the AUKUS nuclear submarine deal, which saw Australia renege on a £50bn deal with Emmanuel Macron’s government. [...]
Boris Johnson says US is ‘not doing free trade deals right now’ September 22, 2021 Boris Johnson has conceded that the US is “not doing free trade deals around the world right now”, but insisted there is still a “great deal to be done”. Johnson has been under pressure during his trip to New York and Washington, DC this week as it has become clear that a post-Brexit trade deal [...]
Sadiq Khan and London Assembly to be left ‘homeless’ as Crystal not ready for City Hall move September 22, 2021 Sadiq Khan and the 25-member London Assembly will be left temporarily “homeless”, after it was confirmed the Crystal will not be ready to become the new City Hall when the current lease runs out. Greater London Authority staff were today told they will have their offices moved to Union Street in November when the lease [...]
Minister: Joe Biden doesn’t understand ‘complicated’ Northern Ireland Protocol September 22, 2021 Joe Biden does not “fully appreciate” the complex nature of the Northern Ireland Protocol and is “wrong” about the state of negotiations, according to environment secretary George Eustice. Eustice said today that Biden was probably “just reading the headlines, reading what the EU is saying, reading what Ireland might be saying, which is that they would [...]
Biden dashes hopes of quick post-Brexit trade deal with UK during Johnson visit September 22, 2021 US President Joe Biden last night downplayed prospects of brokering a post-Brexit trade deal with Boris Johnson, as ministers resorted to considering downgrading their efforts to join an existing pact. Meeting the Prime Minister in the White House, the US President issued a fresh warning for the UK not to damage the peace process in [...]
MPs to grill social media giants over ‘inaction’ on financial fraud September 21, 2021 MPs will tomorrow probe the role of online giants like Facebook and Google in preventing financial fraud amid concerns the companies are letting scammers run rampant on their platforms. Westminster’s Treasury Select Committee will grill senior figures from Amazon, Google, Facebook and eBay for its inquiry into “combatting economic crime”, with one MP lamenting “the [...]
Joe Biden doubles US climate change aid to $11.4bn a year in lead up to Cop26 September 21, 2021 The US will double its annual climate change aid budget and give $11.4m per year by 2024 to developing countries, President Joe Biden announced today. Biden said at the UN General Assembly that the new commitment will make the US “the leader of public climate finance” just months before the Cop26 climate summit in Glasgow. [...]
Aviation bosses warn UK sector is falling behind European competitors due to hotel quarantine rules September 21, 2021 Aviation bosses have today warned that the UK’s airlines and airports are falling behind European competitors due to stricter government travel rules. Heathrow Airport chief executive John Holland-Kaye told MPs that “the UK aviation sector will go from one of the strongest in the world to one of the weakest in the world” post-Covid due [...]
Exclusive: Saatchi clients demand more ‘European’ presence after Brexit, says CEO September 21, 2021 British advertising giant M&C Saatchi has seen a demand for a greater European presence than Brits in some briefs, the company’s global CEO, Moray MacLennan, told City PM this morning. MacLennan, who was appointed global CEO in 2009, said he discovered in a conversation with one Saatchi’s European agencies, that “when it was a pan-European [...]
