In the news today…
- Brexit News. The shorter the act the harder it will be to amend as Theresa May prepares draft bill to authorise Brexit should the Supreme Court rule unfavourably. Divorce is never cheap and UK faces a €60bn Brexit bill but in the meantime Angela Merkel has hinted Brexit talks could include wriggle room on free movement.
- EU isn’t all about Brexit as Italy ramps up attack on Brussels with budget veto threat – ministers in Rome are ‘tired of European ambiguities and contradictions’
- Post-Brexit investment is good and bad: Google goes ahead with London base for 7,000 staff, but may scale them back if Britain excludes skilled migrants after Brexit. Investors pull funding from fintech start-ups after Brexit vote: Thirty out of 250 digital companies had their funds cancelled or postponed.
- NHS chaos continues with the news they awarded £800m contract without agreeing services or prices.
- Although children are now spending more time online than watching television, and encountering more hate speech, some children are learning. Boy, 17, admits showing off in TalkTalk hack. He should go far.
- Pensions – Government delays new cap on pension exit charges. But one rule for one, and another for judges who are suing UK government over pension reform on the grounds of discrimination.
- The child sex abuse inquiry (fiasco) crisis with another senior lawyer ‘quitting over leadership concerns’.
- Labour and unions demand action on temp agencies’ tax avoidance
- Music industry calls for ban on ticket-buying ‘bots’
Government Consultations and Announcements
- Consultation outcome: Capping early exit charges for members of occupational pension schemes
- FCA introduces cap on early exit pension charges
- News story: New East-West transport links could provide a once in a generation opportunity for ‘Britain’s Silicon Valley’ – Armitt
- News story: UK manufacturing: 170 share £25 million for innovative projects
- Speech: Michael Grenfell on antitrust in the digital age