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UK Plans Streamlined post-Brexit Border Checks
Date: April 5, 2023
LONDON (Reuters) – Britain has set out plans to simplify and speed up post-Brexit border checks after repeated delays that the government previously blamed on the COVID-19 pandemic and then the war in Ukraine. The new model announced on Wednesday will be backed by more than 1 billion pounds ($1.25 billion) in spending and will...
In the ‘Garden of England’, Loss-Making Orchards Are Cut Down
Date: April 5, 2023
By Sarah Young LINTON, England (Reuters) – The stumps of dozens of apple trees lie discarded along the side of a field. The fruit that helped give the “Garden of England” its name hundreds of years ago no longer makes money so farmer James Smith is tearing down his orchards. Shortages of tomatoes and cucumbers...
New York Catches up With London to Head City’s Global Centres Survey
Date: March 30, 2023
By Huw Jones LONDON (Reuters) – London is no longer the clear leader among global financial centres after New York rose from second place to level peg with the British capital as more companies list in the United States, the City of London Corporation’s said on Thursday. The City, which administers London’s financial district, said...
New York Holds Top Spot, London Second in Z/Yen Financial Centre Survey
Date: March 23, 2023
LONDON (Reuters) – New York kept the top spot in the latest rankings of global financial centres from Z/Yen Group on Thursday, with London and Singapore also unchanged in second and third place. New York overtook London to head the table in September 2018 — two years after Britain voted to leave the European Union...
London Fears Losing Luxury Shoppers to Paris and Milan
Date: March 14, 2023
By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retailers fear the city is losing its pull as a shopping destination, with tourists from the United States, China and the Gulf flocking instead to Paris and Milan where tax breaks still offer a way to cut the cost of their purchases. With finance...
Britain Plans New Data Rules to Ease Compliance Burden
Date: March 8, 2023
LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing the compliance burden for businesses while remaining sufficiently in line with the European Union to keep information flowing. The government said it would bring an updated Data Protection and Digital Information Bill back to...