UK, French leaders to meet amid flare-up in post-Brexit fishing row

LONDON/LE HAVRE, France (Reuters) -British Prime Minister Boris Johnson will meet French President Emmanuel Macron this weekend amid a row over post-Brexit fishing rights in which France has seized a British boat and London has threatened to board French trawlers. The flare-up is part of a wider dispute over post-Brexit

Spread of 'Delta' COVID-19 knocks wind out of UK economy in July

LONDON (Reuters) -Britain’s economy unexpectedly slowed to a crawl in July as the Delta variant of COVID-19 spread rapidly after lockdown restrictions were eased and as a ‘pingdemic’ kept many workers at home self-isolating.Workers walk towards the City of London financial district as they cross London Bridge during the morning

London takes aim at New York with five-year financial plan

LONDON (Reuters) -Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world’s top international financial centre within five years.A woman exercises with a dog near

Exclusive: Britain working to keep airport open in Afghanistan after troops withdraw on 31 August

Britain is actively working to keep an airport open in Afghanistan after the final withdrawal of troops, Sky News understands. Prime Minister Boris Johnson said after Tuesday’s G7 summit that the number one priority for the West in coming months was to ensure safe passage for people who want to

EU says UK liable to pay 47.5 billion euros to EU in post-Brexit settlement

(Reuters) -The European Union said that the United Kingdom is liable to pay 47.5 billion euros ($56.2 billion) to the EU as part of its post-Brexit financial settlement.FILE PHOTO: British and European Union flags are seen ahead of a meeting of European Commission President Ursula von der Leyen and British

Trust comes before EU access for City of London -EU finance chief

LONDON (Reuters) -The European Union is not intent on stealing business from the City of London, but future access for Britain to the bloc’s financial market will hinge on whether it can be trusted to keep its word, EU financial services chief Mairead McGuinness said on Tuesday.FILE PHOTO: EU Commissioner

Cut tax on electric cars and low-carbon building refits: UK employers

LONDON (Reuters) – British employers asked the government for tax cuts on electric cars and for refitting buildings to make them more energy efficient ahead of a review of tax policy by finance minister Rishi Sunak starting later this month.FILE PHOTO: A general view of an electric car garage, as

German bank auditors say lodged Greensill Bank complaints in 2020

FRANKFURT (Reuters) – The Auditing Association of German Banks registered complaints about Greensill Bank with Germany’s financial watchdog BaFin in early 2020, a spokesman told Reuters on Thursday.FILE PHOTO: The logo of Greensill Bank is pictured in downtown Bremen, Germany, July 3, 2019. REUTERS/Fabian Bimmer/File PhotoBaFin warned on Wednesday of

UK firms report strongest hiring intentions in a year

LONDON (REUTERS) – British businesses have the strongest hiring intentions in a year and fewer are planning to make redundancies as the economic outlook has brightened over the past three months, a human resources industry body said on Monday. The Chartered Institute of Personnel and Development said 56 per cent