has developed with business, from a conservative prime minister, we had him saying quite a while ago when we were talking about brexit effects, he used an expletive deleted about business and at the same time he is trying to say that we love business and it is very important, but he seems to be saying, stop blaming whitehall for problems that should be sorted out in the free market economy. i think when you heard the prime minister s comments this morning, it is very clear what he is saying, he s saying we are not going back to the economic model we had before, which was very reliant on low skilled, cheap labour coming from across europe. that has buttressed large parts of the uk economy, from hospitality to farming, including hgv drivers as well, and his message is that what needs to happen is wages need to go up, and that is probably a message that is popular with voters, but as sam was just saying,
shaun ley discussed boris johnson s comment in more detail with sebastien payne from the financial times and sam lister from the daily express. the public wants to see the fuel sorted and the food shortages resolved, but i think what we have seen from the prime minister today, he is trying to push this back onto business. he has been talking about a period of adjustment while businesses adapt to the new reality. he is trying to put the blame back on to the businesses, saying it is time for them to pay higher wages to attract the staff and that is the way forward. it s curious this relationship that has developed with business, from a conservative prime minister, we had him saying quite a while ago when we were talking about brexit effects, he used an expletive deleted about business and at the same time he is trying to say that we love business and it is important, but he seems to be saying, stop blaming whitehall for problems that should be sorted out
Monday, 22 Feb 2021 08:15 AM MYT
A senior official in charge of supervision at Lithuania’s central bank, Jekaterina Govina, said during the Brexit transition period, fintech companies began to search for an alternative EU harbour and thus Lithuania has become one of their primary options. Reuters pic
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VILNIUS (Lithuania), Feb 22 Thanks in part to Brexit, Lithuania is becoming a fintech hub as a growing number of UK-linked digital financial companies are getting licences there so they can continue to operate in the European Union.
The Baltic eurozone state with a population about a third the size of London is now leading the EU in fintech with over 230 companies, according to the Invest Lithuania government agency.
Thursday, 07 Jan 2021 03:01 PM MYT
Britain and the EU are now aiming to seal a memorandum of understanding about financial services by March, establishing a roadmap for cooperation, though officials have downplayed its impact. ― Reuters pic
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LONDON, Jan 7 While Britain’s post-Brexit trade deal with the EU has at last been reached, the future of the country’s key financial services industry is uncertain ahead of bilateral talks.
London and Brussels finally clinched a deal over Christmas ahead of Britain’s formal divorce from the European Union on December 31.
Saturday, 02 Jan 2021 07:19 AM MYT
Passengers arrive at the Eurostar terminal at Gare du Nord train station, amidst the coronavirus disease pandemic, in Paris December 23, 2020. Reuters pic
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PARIS, Jan 2 Travellers braving trains between London and Paris on the first day after Britain’s exit from the EU customs union experienced additional checks but were more worried by the extra rules required for travel in a pandemic-haunted world.
A much reduced Eurostar service is taking passengers between the French and British capitals during the pandemic, with London-bound travellers needing to quarantine on arrival and those heading to Paris requiring a negative Covid-19 test.