GBP News 

UK minister blocks rescue of British Isis children

“Home secretary Priti Patel intervened to block a recent rescue operation to bring British orphans and unaccompanied minors home from Syria, sources have revealed” writes Mark Townsend for theguardian.com. During the NSC meetings at which the repatriation of British children was discussed it is understood that the foreign secretary, Dominic Raab, was among those strongly advocating the repatriation of the children.During National Security Council meetings last month and internal discussions, Patel, backed by several other ministers including defence secretary Ben Wallace, objected to the extraction of British children from the…

Read More
GBP News 

Britain to call regional elections in Northern Ireland if deadlock continues

“Talks are currently on hold until after a British general election on Dec. 12” writes Midwest Communications Inc for 95kqds.com. BELFAST (Reuters) – The British government will call a regional election in Northern Ireland if Irish nationalists and pro-British unionists fail to reach agreement to restore a power-sharing government by mid-January, a British minister said on Friday.Britain’s minister for Northern Ireland, Julian Smith, on Friday said he had decided to call regional elections if the talks fail rather than imposing direct rule from London, a move that would have infuriated…

Read More
GBP News 

Did Russia meddle in 2016 Brexit vote? In election season, dismay over delayed report

“Britain is in the midst of a divisive national election campaign that is roiled by questions about Russian interference in the 2016 Brexit referendum, with potentially inflammatory implications for the upcoming balloting Dec. 12” writes Los Angeles Times for seattletimes.com. Johnson’s rivals say that before the election, British voters should have an opportunity to learn more about Moscow’s purported role in the 2016 referendum — especially in light of the close outcome in which 52% of voters favored the split and 48% opposed it. Source: seattletimes.com

Read More
GBP News 

British Land pretax loss widens

“British Land Co. said Wednesday that pretax loss widened in the first half of fiscal 2020 as revenues and portfolio valuations fell” writes Adriano Marchese for marketwatch.com. Revenue in the period fell 34% to GBP328 million, while the company’s portfolio value fell 4.3%.For the period ended Sept. 30, the real-estate company BLND, -2.05%  posted a pretax loss of 440 million pounds ($565.3 million), compared with a loss of GBP42 million in the first half of fiscal 2019. Source: marketwatch.com

Read More
GBP News 

Nicola Adams, two-time Olympic champion and boxing pioneer, retires – video report

“The current WBO flyweight world champion has been advised to stop due to eyesight issues” writes Nicholas Williams for theguardian.com. During a glittering career Adams broke new grounds, becoming the first woman to win Olympic gold in her sport as well as being the first British woman to win European and world championship medals. Source: theguardian.com

Read More
GBP News 

UK accountants gloomiest in a decade on Brexit and slow growth

“A Brexit deal is only the first step in reducing uncertainty and may be offset by concerns over future growth with a divergent EU-UK relationship,” he added” writes Midwest Communications Inc for 95kqds.com. “The outlook for business investment growth is pretty bleak, with a weaker global economic environment adding to corporate concerns over the UK outlook,” EY economist Mark Gregory said.LONDON (Reuters) – Confidence among British accountants in the economic outlook is falling at the fastest rate since the depths of the financial crisis more than a decade ago due…

Read More
Crypto GBP News Regulators 

British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money

“Those taxes include income tax, corporation tax, capital gains tax, stamp taxes and National Insurance contributions” writes Joeri Cant for cointelegraph.com. The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals.On Nov. 1, the U.K. government tax agency, which manages taxes alongside other financial policies, released tax guidance updates that further clarify its stance on how businesses and individuals involved with cryptocurrency will be taxed.The guidelines set out HMRC’s view on cryptocurrency transactions, which taxes apply,…

Read More
GBP News 

Daily Telegraph issues correction over PM’s false UK economy claim

“Instead, the Telegraph admitted the claim was based on Johnson looking at a real economic forecast from the inter-governmental OECD organisation and predicting himself how the trends would continue” writes Jim Waterson for theguardian.com. As a result, on the current predictions, even when Johnson is 94 years old the British economy would still be lagging some way behind its continental counterpart.The newspaper said that Johnson misrepresented long-term economic projections to give the impression that the British economy would overtake Germany “in our lifetimes” – despite no such data existing.As a…

Read More
GBP News 

Elizabeth Warren’s project is to remake capitalism. What can British politicians learn from her?

“This is the moment for bold stakeholder capitalism” writes Will Hutton for theguardian.com. This is stakeholder capitalism, US-style – with business taking a lead.British voters, like their US counterparts, may not want a socialist transformation of capitalism, but they certainly want to see it reset and reshaped. Source: theguardian.com

Read More
GBP News 

How Britain dishonoured its African war dead

“But over the decades, hundreds of thousands of war dead who served Britain in the first world war have been written out of the story” writes David Lammy for theguardian.com. He was the former secretary of state for war and chairman of the Imperial War Graves Commission.Even today, across the world, great care is taken to track down, identify and bury British war dead.Antonny Wachira Kimani is the caretaker for the Commonwealth War Graves Commission (CWGC) cemetery in Voi in southern Kenya, maintaining rows of graves near hills that lead…

Read More