The crucial bit of that graph is that there is an upward trend in early 2021. Even in the last month, that rate has gone from 1.10-1.11 Euro to a Pound to 1.15-1.16 euro to a Pound. Obviously the main reason is the vaccine rollout programme in the UK.
please log in to view this image being offensive is not an offence nice to have that clarified please log in to view this image
Brexit confidence vote UK attracts 1,500 EU financial services firms Terry Murden, Editor | February 22, 2021 please log in to view this image London looks to secure its place in financial services Almost 1,500 EU-based financial services firms have applied for permission to operate in the UK, with around 1,000 of these planning to establish their first UK office. Financial regulatory consultancy Bovill says the figures offer further evidence that the UK will continue to be a leading player on the global financial stage. The data, confirming initial figures obtained in 2019, also shows that while much attention is placed on British companies setting up offices in the EU, there is also a lot of movement in the other direction. In October 2019 Bovill secured figures through Freedom of Information showing that 1,441 firms had applied to the Temporary Permission Regime. Follow Daily Business on LinkedIn The TPR allows European Economic Area firms and funds to continue to operate in the UK, while seeking full authorisation from UK regulators. Of those that applied 83% were on a ‘services’ passport, meaning they would need to set up a UK office for the first time. With the Brexit transition period over and the TPR window closed, Bovill repeated its FOI request at the end of December 2020 and found that 1,476 firms have signed up to the regime and are awaiting FCA authorisation in order to operate in the UK. please log in to view this image Our story last year on the initial FoI request The FOI response shows that more than 100 retail and wholesale banks plan to move to or boost their presence in the UK, as well as over 400 insurance and insurer intermediary firms, indicating the UK’s strength in this area. The countries from which the largest number of firms have applied are Ireland, France and Germany, which together account for over a third of the firms on the TPR. Mike Johnson, managing consultant at Bovill, said: “The numbers from this FOI provide evidence that London is set to remain a key global financial centre. “Since many of these European firms will be opening offices for the first time, this is good news for UK professional advice firms across multiple industries including lawyers, accountants, consultants and recruiters. Business from these firms should provide a welcome boost to the service sector – the powerhouse of the UK economy. please log in to view this image “These numbers also indicate the importance of reaching a decision on financial services equivalence between the EU and UK. “Recently, Amsterdam overtook London as Europe’s largest share trading centre because Brussels has not recognised UK exchanges and trading venues as having the same supervisory status as its own. “However, the numbers from the FCA suggest that financial services firms across Europe recognise London’s potency as a global financial centre and want to be able to conduct business here. Regulatory equivalence decisions would therefore benefit businesses on both sides of the channel.” Mr Johnson, added: “Ireland at the top of the list is to be expected, given how interlinked the UK and Irish economies are and their shared strength in asset management, a relationship which these numbers suggest will continue post-Brexit. “France and Germany will be driving much of the EU’s trade negotiation and whilst equivalence rules for the financial services sector are still to be agreed, these numbers show that it is in the economic interest of both sides to secure a mutually beneficial deal. “These numbers are a good indication that the UK financial services sector will continue to be in a strong position post-Brexit. The boost to the services sector will be welcome as the economy begins its recovery from the blow of the pandemic. “European firms should note that obtaining an FCA licence is a complicated process, and the regulator is going to be very busy processing almost 1,500 applications over the next couple of years. The FCA should look to make their authorisation process as efficient as possible.”
Liz Truss @trussliz Fourth round trade talks start today with our great friends Australia please log in to view this image please log in to view this image We want a deal that strengthens the global consensus for free trade, cuts tariffs for business and helps propel an exports-led, investment-led recovery across the UK please log in to view this image
please log in to view this image Silvio Tattisconie © please log in to view this image @STattisconie If the UK shellfish are suddenly not fit enough for the EU since Brexit then the EU fishing fleet should be blocked from UK waters immediately. We can't have them catching food they deem inedible to throw back & ruining it as they obviously can't land them in their home ports.
Andrew Neil @afneil Supreme Court clears way for prosecutors in New York City to receive eight years of former President Donald Trump’s tax returns and other financial records as part of an ongoing investigation into possible tax, insurance and bank fraud in Trump’s business empire.
Tbh honest France is saying the European language should be French and not English. Growth in the Eurozone is just 10% compared to places like India. I don’t see there being a problem.when people 2ant to learn languages. I will also add that the U.K. is moving away from the EU by the day and some are saying our future is elsewhere with growing economies like Africa. I have thought about this... not sure how I feel but after the way the EU has acted of late then bring it on.
Yes, developed economies tend to grow less quickly than developing economies. This isn’t new. French and Spanish are relatively easy languages to get to a reasonable level in, with the bonus of both being hugely important world languages as well as France and Spain being on our doorstep. Are you suggesting we start teaching Mandarin, Hindi and Arabic instead?
Why did we all copy China? In the UK a line was crossed when we enforced the first lockdown. Jacob Williams 18th February 2021 please log in to view this image Share Topics Politics Science & Tech UK World History attests that the defeat of a civilisation involves not only its political eclipse, but also the collapse of its values. The relationship between the two varies significantly. Sometimes, a defeated people are forced to adopt their conqueror’s beliefs; hence survivors of the American conquests were assimilated into white culture, to ‘kill the Indian and save the man’. At other times, a lack of conviction creates inner weakness, until, as in Rome, the barbarians have only to shove on the rotten gates to induce their collapse. It is clear, however, that a civilisation needs more than political continuity to survive a clash with a rival – it also needs to preserve the fundamental values that define it. If the United States had retained its military superiority but adopted a command economy and a one-party state, historians would today speak of the Cold War as a Soviet victory. What are we to make, then, of the ideological conflict at the heart of Cold War 2.0, in which the West confronts an ambiguous Chinese collectivism? China had always diverged from the orthodox Marxism-Leninism espoused by the Soviets, even before Deng Xiaoping’s reforms produced a superficially capitalist economy. Yet all predictions that this opening-up would result in a political liberalisation have fallen flat. At the Chinese Communist Party’s 18th Party Congress in 2013, Xi Jinping reaffirmed the unchanging truth of Marxism, which nonetheless ‘always advances through practice’. This pragmatism allows the Chinese state to change a great deal while remaining the same. Xi’s ‘practice’ is fundamentally about economic development: he claims his ideology ‘meets the development needs of the country and the times’. Thus, China’s guiding ideology is a form of bureaucratic utilitarianism, which justifies any means if it promotes the end of material prosperity. While the ‘scientific outlook on development’ formulated by Hu Jintao makes human rights an important objective, these rights are viewed by the CCP as a gift of the state, not a possession that citizens can draw on to make claims against their government. The chilling calculus can justify atrocities like the oppression of the Uighurs: a million people spending a few months in concentration camps is nothing to the long-term happiness and prosperity of 1.4 billion. Jeremy Bentham, the systematiser of the utilitarian theory of maximising pleasure at all costs, for whom natural rights were ‘nonsense on stilts’, would surely see the point. The once unbridgeable gap between China and the West therefore lies in our defence of non-consequentialist constraints on collective action: here, there are things the state may not do, no matter how much development, prosperity or comfort they might create. please log in to view this image Recommended The economic transformation we need Phil Mullan The West’s embrace of lockdown has shattered this distinction. Professor Neil Ferguson – the champion of lockdown who broke the rules to conduct an affair with a married woman – gave an extraordinary interview to The Times last December, in which he described despairing, at the beginning of the pandemic, that Europeans would never accept China’s ‘innovative intervention in pandemic control’ (Ferguson’s term for nationwide house arrest). Suddenly, as panic spread and deepened, the professor realised that a new world had dawned. People and governments had been brought to a point that ‘opens up vistas of possibilities’ for hitherto unthinkable state action. And so it was written. Nothing is now unthinkable. The difference between China’s bureaucratic totalitarianism and our own is now a matter of degree, not kind. The future is a bleak vista. Scientists claim that lockdown cycles will continue for years, and regular reviews of personal freedom look set to become as quotidian as changes in interest rates. Even if Covid-19 does disappear, it will be a brave politician who, in a future NHS winter crisis caused by traditional common-or-garden influenza, refuses to impose restrictions that scientists promise will save thousands of lives. Civil liberties safeguarded during two world wars are now, as they are in China, gifts of the state. Covid-19 is a gift for some – an invisible, omnipresent externality that renders the most innocuous actions potentially lethal to millions, and thus justly governed by state regulations. Alarm has rightly been raised about China’s use of the coronavirus pandemic to reroute global supply chains. Not enough has been said about the West’s terrified embrace of the premise at the heart of the Chinese Dream: that the state is the master, not the servant, of the people. Jacob Williams is a postgraduate student, writer, and former editor of No Offence, living in London.
damn the bloody pc brigade Pole dancer asked to cover up during Wellington fair says it's body shaming Vita Molyneux 1 hour ago please log in to view this image © Instagram/ @thegardenpole One of the dancers. please log in to view this image © Provided by Newshub The owner of a pole dancing studio says a request to cover up at a Wellington fair came out of left field, and perpetuates the "endless shaming of female bodies". On Saturday more than 300 stall holders took part in Petone's Rotary Fair - one of these stalls was held by The Garden Pole - a boutique pole dance studio. Owner Evie Johnson told Newshub before the fair kicked off, one of the dancers was asked to swap her swimsuit style outfit for something more full-coverage. "She complied and put on a more sporty, full coverage crop top and bottoms. Within 10 minutes she was asked to put her denim shorts on and she complied again. Another 10 minutes went by and she was asked to put a top on as well." Johnson says the dancer agreed to all the requests, despite there being "many" members of the public wearing shorts and crop tops. "Pole dancing requires a lot of skin grip which is why we are accustomed to wearing swimsuit style clothing." Hutt City Deputy Mayor Tui Lewis told Stuff she was"highly embarrassed and so annoyed" at the Garden Pole's presence at the event. "These were just young women pushing the fair boundaries and getting a whole lot of public exposure," she wrote in a statement. But Johnson says her studio was entirely transparent about who they were and what they did from the beginning of the Petone Fair organisational process. "We had no idea we would invoke this kind of response," she said. "The pole community is hugely centred around body positivity and female empowerment. Asking us to cover up perpetuates the endless shaming of female bodies." Pole dancing originated in strip clubs but has since progressed to an official sport. It was officially recognised by the Global Association of International Sports Federation in 2017.
Julia Hartley-Brewer @JuliaHB1 Be under no illusion. The man in the middle cannot make *any* decisions on lockdown rules unless the two men on either side agree to back that decision in public. The advisers have become the decision makers. I don't remember voting for Whitty or Vallance. Do you? please log in to view this image 8
