To minimise disruption to global corporations, Britain’s updated financial market laws will be broadly aligned with US and European Union standards, according to financial services minister Andrew Griffith on Thursday. Britain exited the EU in 2020 and has subsequently suggested the “Edinburgh Reforms” in response to efforts to strengthen the …
Read More »UK Hospitality Suffers Lost Christmas Cash Reserves
UK pubs, bars and restaurants saw hefty drop in trading over Christmas and New Year, while more Americans filed new jobless claims last week. Trading at hospitality venues slumped by 60% on Christmas Day, 31% on Boxing Day and 27% on New Year’s Eve, compared to 2019’s pre-pandemic levels.The figures, …
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