Chancellor: India’s ‘Silicon Valley’ could revitalise London’s capital markets Square Mile Indian firms are set to explore listing internationally on the UK’s London Stock Exchange, amid trade talks between the two nations.
Westminster’s alleged spy for China says he is ‘completely innocent’ UK Politics The parliamentary researcher arrested on suspicion of being a spy for China has insisted he is “completely innocent”. The man said he had spent his career highlighting the “challenge and threats presented by the Chinese Communist Party”. The arrest under the Official Secrets Act led to the Prime Minister confronting Chinese premier Li Qiang at [...]
‘India’s son-in-law’: Sunak’s headache projecting Britain abroad while problems mount at home Analysis It’s the age-old headache for prime ministers, and Rishi Sunak is no different. Overseas trips – full of opportunities to appear statesmanlike, gladhand other world leaders, and represent Britain on the global stage – always seem to come at the worst possible time. At the G7 in Japan earlier this year – possibly jetlagged and [...]
Rishi Sunak at G20 in India with hopes for post Brexit trade deal talks September 8, 2023 Rishi Sunak is set to land in New Delhi for the G20 summit in what No10 called a “historic moment”, amid trade deal negotiations to land an agreement with India. The prime minister, travelling with his wife Akshata Murty, will meet Indian prime minister Narendra Modi for bilateral talks. And officials have not ruled out [...]
Kemi Badenoch to meet with Tata Group boss while on G20 India visit August 24, 2023 Trade secretary Kemi Badenoch will meet with Indian ministers and business leaders – including Tata Group boss Natarajan Chandrasekaran – during her visit for the G20. It comes amid the UK’s 12th round of negotiations to secure a UK-India trade deal with British negotiators gearing up for “ambitious” and “complex” discussions, sources say. Landing in [...]
OECD: UK predicted to perform worst of all G20 economies… except Russia March 17, 2023 The UK’s economy is expected to perform the worst out of any Group of 20 (G20) economies apart from Russia this year and next, new analysis has suggested. The Organisation for Economic Co-operation and Development (OECD) said that it expects a 0.2 per cent fall in UK gross domestic product (GDP) this year, followed by [...]
G20 leaders back global minimum corporate tax deal from 2023 October 30, 2021 World leaders are set to endorse a deal on a global minimum corporate tax of 15 per cent, to be enforced in 2023. Leaders are readying to back the Organisation for Economic Co-operation and Development (OECD)’s deal, according to draft conclusions of the G20 summit. The documents, seen by Reuters, stated: “We call on the [...]
UK donating tens of millions of Covid jabs to developing nations October 30, 2021 The Prime Minister has said the UK is set to donate tens of millions of coronavirus vaccines to developing nations. An additional 10 million doses of the Oxford-AstraZeneca jab will be donated over the coming weeks through the COVAX programme. This means the total sent for the year will hit 30.6m. There will be a [...]
OECD: Ireland snubs global tax deal July 2, 2021 Ireland refused to sign a major agreement to overhaul the global corporation tax regime on Thursday. 130 countries and jurisdictions agreed to the deal brokered by the Organisation for Economic Cooperation and Development, which paves the way for sweeping international changes. The new regime will see a global tax for 100 of the world’s largest [...]
G20 regulator tells nations to prepare Covid relief exit plans April 6, 2021 G20 countries have been told to get their Covid relief exit plans ready by the group’s regulator, the Financial Stability Board (FSB). The FSB warned on Tuesday that ending economic measures too soon could present more of a threat to financial stability than leaving them in place for too long. The regulator said the speedy [...]