Small business leaders: We’ll do well and we’re more confident in the UK… but the government is letting us down

It’s not that all small and medium-sized enterprises regard these changes as negative, but the flow of new initiatives has been relentless. Like buses, they’ve all come at once. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHealthyGemBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayHealthyGemMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift Verdictinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Herald whatsapp Oliver Gill When questioned about the prospects of their own businesses, more than three-quarters of respondents were confident about growing operations in the year to come.Read more: Small business buffering: Ofcom reveals prevalence of slow broadband”Our respondents, perhaps buoyed by encouraging economic statistics and recent stock market highs, are now looking ahead to 2017 with a cautiously optimistic view,” said Guy Rigby, head of entrepreneurial services at Smith & Williamson.For the third quarter in a row, there was a decline in the proportion of the 1,600 respondents across the UK who believed Theresa May’s government is supportive of private enterprise. Rigby said: Computer says yesReturning to their own prospects, more and more business leaders were looking to borrow money in order to invest on internal infrastructure. The survey revealed those with an appetite to borrow jumped seven points to 41 per cent and the plan was to put the money to work in upgrading IT systems and capabilities.Read more: Small business owner with an hour to spare? Here’s something you can do”Many believe the creation of solid foundations will leave them better able to face any negative headwinds, increasing resilience, efficiency and growth,” said Rigby.“There appears to be recognition that a failure to invest in infrastructure and growth could be just as detrimental as any negative external factors.” Small business leaders: We’ll do well and we’re more confident in the UK… but the government is letting us down Britain’s small businesses are increasingly confident about the UK’s economic prospects, but are concerned the government is neglecting the importance of private enterprise, according to research released today.Accountancy firm Smith & Williamson revealed the results of its quarterly Enterprise Index, which showed the owners of small and medium-sized enterprises were five points more optimistic that Britain’s economy would improve in the next 12 months.It’s all about me The community has taken a number of hits over the past 12 months and is expecting to face even more over the coming year. Reforms of business rates, the apprenticeship levy, the national living wage, auto-enrolment and changes to the way dividends are taxed have all had an adverse financial or emotional impact. Wednesday 11 January 2017 3:54 pm Share read more

As scandal hits the frontrunner for the French presidency Francois Fillon, is this good news for Marine Le Pen?

Dylan Kissane and Denis MacShane Dylan Kissane, a France-based writer and director at The CoSMo Company, says Yes.After five years of mismanagement by Francois Hollande’s Socialist left, the electorate in France is primed for change.Until recently, Francois Fillon seemed to be the natural choice: a known quantity on the centre-right, a devout Catholic, and the man endorsed by Les Républicains as the best bet to set France on a desperately needed new course. But with the scandal over payments made to his wife sowing seeds of doubt, the presumption that he would defeat front-runner Marine Le Pen in the second round of presidential voting is looking shaky. whatsapp Share Thursday 2 February 2017 4:01 am whatsapp As scandal hits the frontrunner for the French presidency Francois Fillon, is this good news for Marine Le Pen? Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoDental Implant Info | Search AdsDental Implant Costs In 2021 Might Almost Be UnbelievableDental Implant Info | Search AdsUndoCarsGeniusThese 4 Loaded SUVs Are Now Dirt CheapCarsGeniusUndoTaco RelishSuspicious Pics That Are Fishier Than The SeaTaco RelishUndo If Fillon falls to the wayside and the far-left socialist challenger Benoit Hamon proves equally unelectable, who is left to challenge the leader of Front National? With Emmanuel Macron the only other serious contender for the second round, Le Pen will be feeling confident this week that her chances of winning the country’s top job have only been improved by Fillon’s poorly timed problems.Denis MacShane, the UK’s former Europe minister who regularly writes and comments on French media, says No.The revelations that Francois Fillon has been using parliamentary funds to pay his wife and family are now getting so strong and so reeking that it is hard to see how he can continue. Fillon portrayed himself as Monsieur Irréprochable, France’s Mr Clean, and now he has been infected by the English MPs’ disease of putting wives, sons and daughters on the parliamentary payroll.But Marine Le Pen has similar problems. Yesterday, the European Parliament demanded she pay back €300,000 she took in parliamentary expenses and used to pay two associates who did party political work. She is up to her ears in dodgy loans from Kremlin controlled banks and any spotlight on exotic political money changing hands catches her in its beam.The main beneficiary is Emmanuel Macron, the new boy on the French block offering a pro-reform, pro-EU, pro-market new beginning. He is a rich banker so doesn’t need to help himself from parliamentary funds. read more

RPC extends deadline again for private equity suitors

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailGundry MD Bio Complete 3 SupplementTop Heart Surgeon: This Simple Trick Helps Empty Your Bowels Every MorningGundry MD Bio Complete 3 SupplementLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsBridesBlushWhat The Harry Potter Stars Look Like Out Of CostumeBridesBlushAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorHealthCentral7 Sneaky Symptoms That Could Be Lung CancerHealthCentral James Booth Under takeover rules the pair were required to make a firm intention to make an offer or announce that they did not intend to make an offer by 5pm today.The board of RPC asked the takeover panel to extend the deadline to allow discussions with its two suitors to continue.Apollo and Bain now have an extra month to make up their minds, with the new deadline now set for 5pm on 5 December.This is the second deadline extension with the original deadline set for 8 October.In June the company revealed that it had been contacted by accountancy regulator the Financial Reporting Council in connection with its compliance with reporting requirements. Analysts at Peel Hunt said: “The fact that Apollo and Bain are still in discussions gives us confidence that the debate around the supposed accounting issues is not a deal breaker.”Clearly a bid is not guaranteed but if there was an issue with the numbers, logic suggests that Apollo and Bain would have walked away by now.”Plans by UK and European governments to crack down on single-use plastics had led to investor concern that RPC could be affected, although the plastic-maker said proposed legilsation would not impact on its products.RPC, which has spent over $1.5bn (£1.2bn) on acquisitions in the past two years to June, had earlier identified businesses for sale after months of pressure from investors to raise cash and cut spending.In August, the company said it would sell Letica Corp’s food-service packaging business to Graphic Packaging Holding for $95m.RPC’s share price rose by half a per cent today. Monday 5 November 2018 2:59 pm FTSE 250 packaging company RPC today said it had asked regulators to extend the deadline for two potential private equity bidders to make a firm offer for the company.Plastics maker RPC had previously announced that it was in discussions with private equity firms Apollo Global Management and Bain Capital.center_img Share whatsapp RPC extends deadline again for private equity suitors Tags: Private equitylast_img read more

Brexit deal agreed by cabinet after ‘impassioned’ five-hour meeting

first_img Owen Bennett Brexit deal agreed by cabinet after ‘impassioned’ five-hour meeting Theresa May squeaked her Brexit deal through a divided Cabinet on Wednesday in an historic moment for the UK.After a five-hour meeting the Prime Minister emerged from Downing Street at just after 7pm to declare her ministers had backed her controversial proposals on how to withdraw the UK from the EU. Share The marathon meeting saw every member of the cabinet give their views on the draft deal, which will see the UK commit to staying in the EU’s custom union until a trade deal that resolves the Irish border issue can be implemented.The cabinet was split on the proposal, with sources telling City A.M. that home secretary Sajid Javid pleaded to know if any further concessions could be squeezed from Brussels.International development minister Penny Mordaunt argued for ministers to be given a ‘free vote’ on the deal when it hits Parliament, a move which would enable them to vote against the plan without quitting the cabinet.A Downing Street source said no one threatened to resign during the meeting, but tensions last night remained high.The EU’s chief negotiator Michel Barnier described the signing off of the proposal as a “decisive and crucial step”, while EU commission president Jean-Claude Juncker gave the go-ahead for a special summit of European leaders to rubber stamp the exit deal later this month. whatsapp As the cabinet locked horns in Downing Streets, disgruntled Tory MPs plotted their next move, with one Brexiter telling City A.M. they had now put in a letter calling for vote of no confidence in their party leader.Jacob Rees-Mogg, chair of the European Research Group of Conservative MPs, urged his colleagues to vote down the deal when it comes to Parliament, but he stopped short of calling for May to be toppled.Business and City groups welcomed the draft withdrawal agreement, hailing the progress it represents while cautioning that the PM isn’t over the line yet.The PM will face her MPs in parliament on Thursday when she gives an update on the negotiations, having already been told by Tory Brexiter Peter Bone that she “will lose the support of many Conservative MPs and millions of voters across the country” by agreeing to the UK-wide customs backstop.Speaking outside 10 Downing Street at just after 7pm, May described the cabinet meeting as “long, detailed and impassioned” before confirming that ministers had backed her plan. At just after 5.30pm, police minister Nick Hurd told MPs: “There will be no press statement this evening.”This was then contradicted by Downing Street, who clarified there would be no press conference, but May would indeed make a statement. center_img She said: ‘The collective decision of Cabinet was that the Government should agree the draft Withdrawal Agreement and the Outline Political Declaration – this is a decisive step which enables us to move on and finalise the deal in the days ahead.“These decisions were not taken lightly – but I believe it is a decision that is firmly in the national interest.”In a sign of the concerns May has about getting the deal through parliament, she was locked in debate last last night with Arlene Foster, leader of the DUP which props up her government.May’s statement came after a day of confusion over how the PM would announce whether cabinet had backed her deal.After rumours she would be making a statement to journalists before addressing parliament, Labour’s Jeremy Corbyn joined with other opposition party leaders to demand May update MPs ahead of speaking to the press. Wednesday 14 November 2018 8:07 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsapp Tags: Brexit Jeremy Corbyn People Theresa Maylast_img read more

Deutsche Bank drops down investment bank table while Barclays gains ground

first_imgThursday 21 March 2019 5:56 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets Detective whatsapp Deutsche Bank drops down investment bank table while Barclays gains ground Barclays, which has seen its investment banking division come under pressure in recent years, climbed from eighth to sixth in terms of EMEA revenue, and rose one place to sixth globally.The UK bank has been fending off activist investor Ed Bramson’s calls for its investment banking division to be scaled back.Bramson, whose investment vehicle Sherborne Investors has a 5.5 per cent stake in Barclays, has pushed for a seat on the board after feeling his concerns were being ignored. Tags: Trading Archivecenter_img JP Morgan maintained the top spot in both the global rankings – with $25.2bn (£19.3bn) – and in Europe, while Barclays continued to gain ground through its investment banking push.Volatile markets at the end of 2018 led to the world’s biggest investment banks reporting significant revenue drops.Deutsche Bank was the second best performing investment bank in the Europe, Middle East and Africa (EMEA) region in 2017 but dropped to fourth last year, according to industry monitor Coalition.The data comes after Germany’s largest lender began exploratory merger talks with rival Commerzbank earlier this week after months of speculation.The German government, concerned over the bank’s health, has pushed for the potential merger to protect the country’s banking sector. Deutsche Bank has fallen below its US rivals in a ranking of investment banks in Europe, adding to the under-fire German lender’s woes.Citigroup and Goldman Sachs both jumped above Deutsche Bank in a ranking of the world’s investment banks at the end of last year. Callum Keown Sharelast_img read more

Sterling tumbles as MPs reject Brexit deal for third time

first_imgSenior market analyst at City Index Fiona Cincotta said: “The reason the pound has fallen… is because investors are now assuming that ministers will force a softer version of Brexit through.”Dean Turner, UK economist at UBS Global Wealth Management, commented: “Sterling hasn’t responded favourably to today’s result, likely interpreting an increased risk of a no-deal scenario two weeks hence.”He added: “That said, our view remains that MPs will ultimately avoid this outcome.”Read more: Sterling slides to fresh one-week low against dollar amid Brexit gloomCaxton FX’s senior analyst Michael Brown said: “Political headwinds facing the pound have now increased, with parliament now needing to find a consensus on a new way forward, likely through a second round of indicative votes on Monday increasing the prospects of a long extension.” Tags: Trading Archive Sterling tumbles as MPs reject Brexit deal for third time Friday 29 March 2019 3:23 pm whatsapp The pound dropped sharply today following British MPs’ decision to again vote against Prime Minister Theresa May’s Brexit deal at the third time of asking.The pound briefly fell below the $1.30 mark for the first time in over two weeks, hitting $1.299 before rebounding somewhat to $1.303. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Harry Robertson Read more: MPs reject Theresa May’s Brexit deal for a third time by 344 votes to 286The pound had previously hit $1.299 on 11 March, the day before the second so-called meaningful vote on May’s deal, which MPs rejected by 149 votes.Against the euro the pound fell 0.2 per cent over the day hitting €1.157 before rising again to €1.160.Sterling had risen in the morning as Conservative MPs such as Dominic Raab who were previously opposed said that they would vote in favour of the deal. The thought among traders that the political uncertainty might end had caused the pound to rise to $1.312 by 11am.However, it started to fall just before one pm as doubts set in. Between 2.30pm, when MPs voted on the deal, and 2.45pm, sterling fell 0.5 per cent as traders reacted to the news that the agreement had been rejected by 58 votes. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny whatsapp last_img read more

Don’t be fooled, May’s talks with Corbyn merely bide her time

first_imgMay knows that even if her talks with Corbyn are doomed to fail, being seen to engage will send the right message to Barnier, Tusk et al.And as long as the EU is still speaking to her, she can continue to cling to power.Watching Theresa May splutter and stutter as she ricochets from one humiliation to another, it’s hard for most people to believe that she would want to remain in Number 10.Yes, being Prime Minister of the United Kingdom has its perks – and of course, as a serious parliamentarian, May was keen to do her duty to the country.But, at this point, no one could accuse her of neglecting her duties by deciding to step down. And surely, throwing in the towel now – with a shred of dignity still in tact – would be a blessed relief to her. Share City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Once the DUP and hardcore ERG had made it clear that they would not support her deal, it became apparent that it needed a lot of Labour support.And May’s promise to resign in the event of it getting through only paves the way for a Boris premiership, which is something few Labour MPs could stomach.As predicted, her deal failed to attract enough opposition votes, and although it has now, at last, been buried, May is still Prime Minister.As her one and only flagship policy, May’s deal should always have been synonymous with May.Once it failed, any other Prime Minister would have given in, and allowed a fresh face, with a fresh plan, to take over. Instead, she has changed her entire strategy in order to kick the can down the road yet again.May is using every trick in the book to delay her departure from Number 10, and will continue to do until forced to stop. And that means that the fabled leadership race may well be a lot further off than most of us would like to believe. whatsapp Without the support of the DUP (and no one’s counting on that anymore) the Conservatives have a vanishingly small working majority. This means that if a tiny clutch of weary Tory MPs sided with opposition parties in a vote of no confidence in the government, we’d be heading for a General Election.This game is a win-win for Corbyn, and as we all should have learned by now, negotiations between a weak party and a strong party have a habit of going very badly indeed.Imagining that the Prime Minister initiated these talks because she seriously believes that they will break the Brexit deadlock is fanciful.In reality, she made the perplexing decision to reach out to Corbyn – and alienate grassroots Conservatives – because it buys her some time from the EU.European leaders can’t understand why the Prime Minister has not reached out across party lines before now. They’ve never grasped the adversarial nature of Westminster politics, which is so different to that on the continent. EU leaders can’t comprehend why, in such a national crisis, all sides seem so unwilling to talk and compromise. whatsapp Friday 5 April 2019 8:18 am But Theresa May is not most people. Admirably or foolishly, whichever way you look at it, she has dedicated her entire life to Westminster politics in a way even the most committed parliamentarians struggle to understand.She spent her childhood stuffing envelopes for the Conservative party, met her husband, the then president of the Oxford Union Society, at a Conservative party student disco. She became a Conservative councillor when she was just 29, and has few friends, or even serious interests, outside of Westminster.Of course, she feels that she has a duty to sort out Brexit for the country, but she also feels – and perhaps more strongly – that she has a duty to herself to stick at the job she wanted so desperately for so long.Over and over again, the Prime Minister has proved that she is prepared to lose anything and everything – her political dignity, her principles, her Brexit secretaries – in exchange for a bit more time in power.Even when she gave the appearance of sacrificing her premiership to save her deal, it seems more likely that she was, in fact, sacrificing her deal to save her premiership. Very few people believe that the ongoing talks between Theresa May and Jeremy Corbyn will yield a satisfactory solution to the Brexit crisis.The Leader of the Opposition is in a ludicrously powerful position: he can demand exactly what he wants from May, and if she tries to make him shift or compromise, he will shrug his shoulders – and bring down her government. Don’t be fooled, May’s talks with Corbyn merely bide her time by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPuffer fish snaps a selfie with lucky divernypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Opinion Olivia Utley Tags: Trading Archivelast_img read more

UK lawyers taking Belgian citizenship in case of no-deal Brexit

first_img James Booth Tuesday 13 August 2019 3:03 pm Read more: The future eminence of our legal sector rests on more than Brexit Soames said he had joined the Belgian Bar in order to maintain his rights to practice in the EU post-Brexit. UK lawyers in Brussels are taking Belgian citizenship in order to keep practising before the European courts post-Brexit. In the event of a no-deal Brexit, British lawyers practising in the EU will lose their right to lawyer-client privilege where any legal advice given remains confidential. “A significant part of my work is arguing cases before the European courts, as of 31 October my rights of audience cease. This goes for all British lawyers unless there is a withdrawal agreement,” Soames said. “Taking another nationality is not something I have done lightly,” he said. “I’m very happy to be living in Belgium and grateful but I never imagined it would ever be necessary and when doing it I was sad.” Trevor Soames, a Brussels-based partner with US law firm Quinn Emanuel who recently obtained Belgian citizenship, told City A.M.: “Everybody I know either has done it or is in the process of doing it. I can’t think of anybody who hasn’t –  they’d be silly not to.” whatsapp Brussels is a key centre for competition law and most large international law firms have an office there to advise clients on European law issues. More than 2,700 UK lawyers have paid €300 (£279) to join the Irish roll of solicitors to ensure they continue to maintain their current rights within the EU. British lawyers will also lose their rights of audience before European courts.center_img “Becoming a Belgian citizen protects me from the possibility this law will click back and come into operation at the end of 2021,” he said. Share UK lawyers taking Belgian citizenship in case of no-deal Brexit However, legally only citizens from the European Economic Area can join the Belgian Bar. The Belgian government has granted a stay of execution, meaning lawyers from the UK can join the local Bar until 2021, but Soames said he was worried that right could lapse. A competition partner at another US law firm said: “It is a trend that began soon after the Brexit referendum…It obviously makes good sense if you are working with European law.” However, the Irish Law Society has thrown doubt on whether this will be enough with the suggestion that lawyers will need to be established within Ireland and pay indemnity insurance within the state. whatsapp Read more: Court short: Will Brexit loosen the UK’s legal grip? More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comPuffer fish snaps a selfie with lucky divernypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comlast_img read more

Standard Chartered trumps expectations as profit jumps to $1.2bn

first_imgThe banking giant’s common equity tier 1 ration – a key measure of its financial health – was 13.5 per cent, slightly missing expectations of 13.7 pre cent and falling form 14.5 per cent a year ago. In May over two-fifths of shareholders voted against a remuneration policy that would have given chief executive Bill Winters a pension allowance o £474,000, which was 40 per cent of his cash salary. Read more: UK banking sector coughs up £40bn in tax Wednesday 30 October 2019 8:07 am Despite a swathe of headwinds in the banking industry, from slowing growth to lower interest rates, the company said it was sticking to a return on tangible equity (Rote) of 10 per cent by 2021. Adjusted pre-tax profits climbed 16 per cent year-on-year to $1.2bn (£900m) during the last quarter, surging 17 per cent ahead of the City’s consensus forecasts. A sharp rise in business from corporate clients helped the lender to turn a profit despite economic turmoil in its core market of Hong Kong, where civil unrest has been mounting since the summer. Read more: UK charges drag down profit at Santander Sebastian McCarthy Shares in the HongKong-listed firm rose by almost three per cent in afternoon trading. Share Shore Capitalbanking analyst Gary Greenwood said he was “pleasantly surprised bythe strength of Standard Chartered’s performance during theperiod”. Standard Chartered trumps expectations as profit jumps to $1.2bn whatsapp In recent monthsStandard Chartered’s financial performance in the UK has beenovershadowed by one of the largest corporate pay revolts in recentyears. Winters sparked a backlash after branding investors that had focussed on his pension allowance “immature and unhelpful”. More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Standard Charteredshrugged off troubles in its embattled Hong Kong market this morningafter trumping estimates with a double-digit rise in profit. Proxy Insight said that the vote was the biggest rebellion against a bank in five years. Rote in the first nine months of 2019 was 8.6 per cent. whatsapp “To outperformexpectations on revenue in a difficult operating environment is nomean feat,” he said, adding that “the group also seems to have astrong handle on costs.”last_img read more

British nationals face two week ‘isolation’ from first Wuhan airlift

first_imgAround 200 individuals will be airlifted out of the country with the UK government using a charter civilian aircraft and crew, following BA’s decision to suspend all flights in and out of the country. whatsapp They will be kept at an undisclosed location where they will be put into 14-day “assisted isolation with all necessary medical attention”, the Prime Minister’s press secretary said. He was unable to comment on whether children would be on the flight back to the UK, or if they may be separated from parents during the two-week quarantine. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBePost FunRare Photos Show Us Who Meghan Markle Really IsPost FunMilitary BudThis Picture Shows Who Prince Harry’s Father Really IsMilitary BudRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.com Around 100 people have been tested in the UK, but all have come back negative so far. The World Health Organisation’s emergency committee will meet on Thursday, the third time in a week, to evaluate whether the new coronavirus spreading from China constitutes an international emergency. The first flight carrying British nationals out of the coronavirus-affected city of Wuhan will depart tomorrow morning UK time, Downing Street confirmed today. There have been at least 5,974 confirmed cases of coronavirus in mainland China — including 132 deaths. The government is following medical advice from a number of bodies including Public Health England and the chief medical officer. Wednesday 29 January 2020 4:48 pm “Our priority is to keep British nationals and their family members together and we have urgently raised this with the Chinese authorities,” the Prime Minister’s press secretary said this afternoon. This afternoon cases have been confirmed in Finland and the United Arab Emirates. Australia has confirmed six cases. Show Comments ▼ Health secretary Matt Hancock chaired a Cobra meeting today, where he updated British nationals face two week ‘isolation’ from first Wuhan airlift Only British passport holders who do not also hold Chinese nationality are being allowed to leave the country currently. British officials in Beijing are urging the Chinese government to let dependants leave too. Catherine Neilan Share A sign advising clients in various languages, including Chinese, that respiratory masks are sold out, (AFP via Getty Images) Main image: Getty More From Our Partners Why people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orglast_img read more