UK

UK announces EU migration study over Brexit impact

The government is commissioning a "detailed assessment" of the costs and benefits of EU migrants as it plans how to manage immigration after Brexit. A new set of rules is needed for when EU free movement ends in the UK.
An independent committee, tasked with drawing up the Government’s immigration policy post-Brexit, has been asked to look specifically at how EU migrants affect different sectors of the UK economy amid suggestions new rules could be made for different industries.

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Britain plans to ban diesel and petrol cars within 2040

Britain is to ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health.

The commitment, which follows a similar pledge in France, is part of the government’s much-anticipated clean air plan, which has been at the heart of a protracted high court legal battle.

Plans to ban the sale of new diesel and petrol cars by 2040 in a bid to encourage people to buy electric vehicles are a "tall order" and will place unprecedented strain on the National Grid, motoring experts have warned.

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Startup Curve raised $10 mln for his "Back to the Future" credit card

U.K.-based fintech startup Curve has raised $10 million in a Series A funding round. The funding comes from a wide range of global banks, venture capitalists and industry veterans, including Santander InnoVentures, Investec and Henry Ritchotte, former COO of Deutsche Bank.

"In the last 12 months, we’ve established a loyal base of customers who love the way Curve complements and improves their existing financial lives," said Shachar Bialick, founder and CEO.

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Expert Commentary: Focus on UK-EU relations after Brexit

Britain aims to stay in a good relationship with the European Union and continue cooperation on security and defence issues. What is your own opinion, will Britain be able to maintain a good partnership with the EU?

This is obviously the key question at the moment. We all hope that relations between Britain, the European Union and, of course, individual EU countries will remain cordial, though the negotiations are likely to be extremely difficult and complex, while there is a chance of tensions being raised and disagreements being voiced strongly at various points in time. What is important is that once negotiations are finished, we have good trading arrangements between the UK on the one side and the 27 EU countries on the other. At this point in time, it is impossible to know exactly what these trading arrangements are going to be.

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Brexit: EU to reject second-class citizenship for europeans workers

Chief negotiator Guy Verhofstadt and leaders of four of the parliament’s main groups wrote in a joint letter to newspapers that Britain’s plans for the three million EU citizens expecting to remain in the U.K. post-Brexit "fall short" of what they are entitled to and what U.K. nationals are being offered in the EU.

EU Parliamentarian Guy Verhofstadt has called proposals put forward by the UK government a "damp squib" which would leave millions of Europeans with "second-class citizenship".

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A green light on sustainable property

What do you think of when you hear the words ‘sustainability’ or ‘being green’? Does it conjure images of long-haired hippy-types wearing brown sandals and hugging trees? Saving polar bears? Or recycling Coke cans and yoghurt pots? Environmental issues are often misunderstood and seen as someone else’s problem. Worse, they are even ignored and considered to be irrelevant to modern business.

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Brexit: May promises 3 million people could stay in UK

UK Prime Minister Theresa May promised EU citizens now living in Britain they could stay after Brexit but started a dispute with Brussels over the role of Europe’s top court.

At a summit in Brussels on Thursday, May gave "a clear commitment that no EU citizen currently in the UK lawfully will be asked to leave the country at the point that the UK leaves the EU", a British government source said.

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