Diageo: Guinness maker shares hit lowest level in four years amid China trade row January 5, 2024 Shares at Diageo are now trading at their lowest level since November 2020, in the face of weakening sales and trouble with Chinese trade.
Productive relations with the EU are a win-win for the City and the UK as a whole May 15, 2023 The City can only benefit from improved relations between the UK and the EU. As the leading financial centre, the Square Mile should push for even stronger cooperation with EU partners, writes Chris Hayward
Easyjet cancels 1,700 summer flights amid French air traffic controller strikes July 10, 2023 180,000 holidaymakers have been hit by Easyjet summer flight cancellations this morning, as the airline battles with the ongoing impacts of French Air Traffic Controller (ATC) walk-outs and the war in Ukraine. Around 1,700 departures in July, August and September are set to be grounded, with the majority of flights affected at Gatwick Airport, where [...]
Explainer: A ‘rock solid’ US-UK relationship July 10, 2023 Few things hold such enduring fascination in British politics as the so-called “special relationship” with the US. It was blamed for Iraq, held up as a bastion of what could be achieved post-Brexit, and then dragged through the doldrums during a distancing between Boris Johnson and Joe Biden. Today, Joe Biden and Rishi Sunak insisted [...]
Donelan: Tech success must make Brits’ lives better March 6, 2023 THE GOVERNMENT’S new technology secretary has promised to turn the UK’s research triumphs into “actual, tangible benefits” for the country as she launches a new science and tech framework today. Writing for City A.M., Michelle Donelan said the UK’s “most incredible days of innovation are not in our past (but) are happening right now.” Donelan [...]
Jeremy Hunt to sign ‘milestone’ financial services agreement with EU June 27, 2023 Chancellor Jeremy Hunt will today sign a long-awaited deal with the European Union on improving regulatory cooperation for financial services, in a move that Hunt said will boost the City as a “global financial services hub”. Hunt and EU financial services commissioner Mairead McGuinness will sign a Memorandum of Understanding (MoU) at the European Commission [...]
Brexit: Boris Johnson and Ursula von der Leyen to hold summit on Monday June 11, 2020 Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen will hold a virtual meeting on Monday to discuss the trajectory of post-Brexit trade negotiations. Joining the pair will be President of the European Council Charles Michel and EU Parliament President David Sassoli. The UK and EU have also agreed to an “intensified [...]
Rishi Sunak at G20 in India with hopes for post Brexit trade deal talks September 8, 2023 Rishi Sunak is set to land in New Delhi for the G20 summit in what No10 called a “historic moment”, amid trade deal negotiations to land an agreement with India. The prime minister, travelling with his wife Akshata Murty, will meet Indian prime minister Narendra Modi for bilateral talks. And officials have not ruled out [...]
Britain to rejoin EU’s R&D Horizon scheme after months of hard post-Brexit talks July 5, 2023 Britain and the European Union (EU) are edging closer to a deal on the UK’s re-entry into the Horizon Europe research programme. Sources said negotiators have produced a draft document following months of talks, with Rishi Sunak expected to consider it in the coming days. However, the prime minister could still reject the proposals over [...]
Brexit is ‘threat’ to UK car factories says parent firm of Vauxhall, Citroen, Peugeot and Fiat May 17, 2023 One of the world’s largest carmakers has said it will be unable to keep their commitment to make electric vehicles in the UK without changes to the Brexit deal. Stellantis – the parent company of Vauxhall, Citroen, Peugeot and Fiat – which employs more than 5,000 people in the UK – told a Commons inquiry [...]