UK to replicate EU’s external trade deals after Brexit, PM May says

Britain is looking at ways to replicate the trade deals that the European Union has with countries outside the bloc when it exits the EU in March 2019, Prime Minister Theresa May said Wednesday, according to Reuters’ report. The freedom to strike new trade deals independently of the EU has been highlighted by the government […]

Employer confidence in UK economy drops amid booming jobs market

Employer confidence in the UK economy has dropped, as issues including access to labour and political uncertainty are creating jitters, the Recruitment and Employment Confederation (REC) said today. According to City A.M’s report, confidence has fallen into negative territory, falling from a net positive balance of six per cent last month to a negative reading […]

Britain ‘confident’ of new phase in Brexit talks by October

Britain said on Thursday it was “confident” talks with the European Union would move towards discussing their future relationship by October, in contrast to warnings from the top EU negotiator that the target is receding. Prime Minister Theresa May’s government wants to push the discussion beyond the divorce settlement soon, to offer companies some assurance […]

Watchdog plans to force UK firms to make anti-corruption, anti-bribery disclosures

Britain’s accounting regulator today released plans to force UK firms to make more detailed anti-corruption disclosures in their financial statements. The Financial Reporting Council (FRC) published a consultation on amending guidelines previously issued in 2014 that stipulate what should be in the narrative section of annual reports. The watchdog wants firms to “tell the story” […]