UK parliament passes post-Brexit trade deal in one day December 30, 2020 Both houses of the UK parliament have passed Boris Johnson’s Brexit trade deal, just 13 hours after it was introduced in the House of Commons. The deal was voted through by the House of Lords just after 11.30 pm, after MPs passed the legislation by 521 votes to 73 earlier this afternoon. The deal will [...]
Brexit trade deal passes House of Commons after quick vote December 30, 2020 MPs have voted to pass Boris Johnson’s Brexit trade deal after just five hours, clearing the first hurdle for it to come into law in two days’ time. The Brexit vote was passed by 521 to 73. The bill was introduced to the House of Commons at 9.30am and will be rushed through both houses [...]
Theresa May slams Brexit trade deal for not including financial services December 30, 2020 Former Prime Minister Theresa May has slammed Boris Johnson’s Brexit trade deal for not including provisions on financial services. May told MPs today that her failed deal was “a better deal” than the Prime Minister’s and said she was “disappointed” his trade agreement does not have a wide-ranging services agreement. MPs will vote at around [...]
House price growth hits six-year high as pandemic fails to quell demand December 30, 2020 House prices grew at the fastest rate in six years in 2020, a respected tracker has revealed. Property prices skyrocketed by 7.3 per cent across the year, according to the Nationwide House Price Index. Home prices increased by 0.8 per cent in December alone. Read more: A booming Britain will need a broadband boost The [...]
Boris Johnson: UK to begin ‘new chapter in our national story’ on Friday December 29, 2020 Boris Johnson will say tomorrow that the UK will “open a new chapter in our national story” before MPs vote on his post-Brexit trade deal. Johnson is expected to tell MPs that the trade deal shows how the UK can be “at once European and sovereign” and that “we have nothing to fear if we [...]
The Tories’ ERG backbenchers will vote for Brexit deal tomorrow December 29, 2020 The Tories’ group of hardline Brexiteers will vote for Boris Johnson’s Brexit trade deal tomorrow in the House of Commons. The European Research Group’s (ERG) “star chamber”, which is its legal committee, met today and decided that the deal is “consistent with the restoration of UK sovereignty”. The meeting was led by Eurosceptic Conservative MP [...]
Whitbread – at the end of the day, someone has to pay December 24, 2020 Whitbread, the owner of popular hospitality chains Premier Inn, Beefeater and Brewers Fayre, has written to the landlords of its properties asking for a rent reduction of 50% for the next three months, to “share some of the pain” of the ongoing pandemic and the restrictions on hospitality. It seems, prima facie, a reasonable request. [...]
When it comes to China, Europe is no longer America’s sidekick December 23, 2020 The largely unnoticed downgrading of US-EU ties is so important. Taken entirely for granted by a Trump administration uninterested in the high art of alliance management, when the US sheriff sets out to corral new rival China, it will do so without Europe unambiguously coming along as part of the posse. A recent series of [...]
Trump brands stimulus deal a disgrace as months of work hang in balance December 23, 2020 US President Donald Trump threw a sizable spanner into the works of a $900bn stimulus deal last night, branding it a disgrace and threatening to veto the whole accord. Amongst the outgoing President’s complaints were that the stimulus bill was part of a package to keep Government funded until Septemver, including arts institutions and the [...]
Making it in the City as a woman in 2020: a rising private equity star explains December 22, 2020 City A.M.‘s Michiel Willems sat down with Sunaina Sinha Haldea, founder and CEO of Cebile Capital, a London-based placement agent and secondaries advisor in private equity and infrastructure. The Harvard graduate is also an angel investor and serves as chair of the board of Barrecore, one of Europe’s largest luxury fitness boutiques, while she is [...]