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High taxes could hasten bank moves from Britain after Brexit

“LONDON (Reuters) – Britain risks driving banks overseas if current high levels of taxation on the industry are maintained after Brexit, a bank lobby group said on Wednesday” writes Midwest Communications Inc for 95kqds.com. Banks face higher taxes than other firms in Britain, after an additional corporation tax surcharge and levy on assets were imposed after the crisis.UK Finance, which represents the country’s finance sector, has published research showing a typical bank in London has a higher tax burden than in rival international financial centres.Finance firms paid a record 75…

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Small UK firms brace for no-deal

“Small and medium-sized businesses, the lifeblood of communities, have told of difficult decisions to quit Britain or cancel investment plans because of Brexit” writes Lisa O’carroll for theguardian.com. This is a business that does not work if the UK is not in the single market,” Loughlin said..He believes thousands of businesses are in a similar position but the politicians “are not listening, are not interested in us”.We are not selling anything unique, we are toe-to-toe with German companies selling the same product. [If] we have delays of two weeks, we…

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EU27 diplomats watch UK tie itself in Brexit knots

“But the European diplomats have also been gripped by the drama, one recalled watching a parliamentary debate on her smartphone as she was driven through the gates of Buckingham Palace for Christmas drinks with the Queen” writes Patrick Wintour for theguardian.com. Admiration at May’s fortitude is widespread though. “She is formidable, unbelievable, all these unjustified attacks I do not know where she gets her strength from but that is the nature of British politics. Source: theguardian.com Share This:

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EU tells UK’s May: We will not renegotiate the Brexit treaty

“Less than four months until the United Kingdom is due to leave the European Union on March 29, May finally accepted that British lawmakers would reject her deal” writes Midwest Communications Inc for 95kqds.com. May, due to meet Juncker and European Council President Donald Tusk later, said she would seek further assurances and ways to give British lawmakers powers over the Irish backstop. Source: 95kqds.com Share This:

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EU court offers way out…

“Gove also warned fellow MPs that voting down the current Brexit deal on the table risked “either potentially no Brexit… (or) the very uncomfortable circumstances of no deal”” writes Alice Ritchie for yahoo.com. Many of them want her to renegotiate the deal, noting the prime minister is due at a Brussels summit later this week. Source: yahoo.com Share This:

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Ericsson software glitch hits mobile services in Britain and Japan

“O2 , Britain’s second biggest network, and Japan’s Softbank reported network outages on Thursday, leaving many customers unable to access internet services” reports businessinsider.com. O2, which is owned by Spain’s Telefonica , said customers of Tesco Mobile, Sky Mobile and GiffGaff, which all use its network, were also affected by the outage.The Ericsson logo is seen at the Ericsson’s headquarters in Stockholm Thomson Reuters LONDON/STOCKHOLM (Reuters) – Ericsson said it was working with mobile companies in Britain and Japan to restore full service to millions of customers hit by outages…

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Bias in Britain: the truth about modern racism

“The extent of racial bias faced by black, Asian and minority ethnic citizens in 21st-century Britain has been laid bare in an unprecedented study showing a gulf in how people of different ethnicities are treated in their daily lives” writes Leah Green for theguardian.com. And they look at the findings from our Bias in Britain survey that has uncovered shocking statistics: 43% of ethnic minorities say they have been unfairly overlooked for a promotion at work and 38% say they have been treated as a potential shoplifter, when they have…

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Britain and Ireland given major boost for World Cup bid

“A proposed British and Irish bid for the 2030 World Cup received a major boost on Monday as the president of Uefa voiced strong opposition to Spain joining forces with Morocco on a rival campaign” writes Lord Ouseley for telegraph.co.uk. Aleksander Ceferin said he strongly preferred a European-only bid.There are concerns that Spain and Morocco could gain an unfair advantage as a cross-confederation bid might gain more votes, from the continent and Africa. “I’m not in favour of cross-confederation bids, to be honest,” he told a meeting of Uefa executives…

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The stark evidence of everyday racial bias

“Black, Asian and minority ethnic unemployment stands at 6.3%, compared with 3.6% for white people” writes Robert Booth for theguardian.com. The extent of racial bias faced by black, Asian and minority ethnic citizens in 21st-century Britain has been laid bare in an unprecedented study showing a gulf in how people of different ethnicities are treated in their daily lives. Source: theguardian.com Share This:

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