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The UK government's "Union Unit" has reportedly insisted Oxford's COVID-19 vaccine doses are labeled with the UK flag, the HuffPost reported Friday. People familiar with the matter said there were no plans for the UK flag to be printed on the vaccine doses, but didn't deny the request was made. The plan was reportedly strongly supported by the health secretary, Matt Hancock, and business secretary, Alok Sharma. A unit of the UK government has reportedly demanded Oxford's COVID-19 vaccine doses should be branded with the national flag of the UK, according to the HuffPost. The plan was strongly supported by health secretary, Matt Hancock and business secretary, Alok Sharma, the sources said.
Persons: Oxford's COVID, Matt Hancock, Alok Sharma, Downing, Union Jack, AstraZeneca didn't, Ged Killen, we've, Pascal Soriot Organizations: Manufacturers, Oxford, Union, University of Oxford, AstraZeneca, Scottish Labour, Twitter, Wall Street
The Digital Markets Unit will enforce a new code, adding data-transparency requirements and helping small businesses promote themselves online, according to the announcement. Ronan Harris, vice president of Google UK & Ireland, said the search giant looks forward to "working constructively" with the new unit. The UK on Friday announced a government unit to enforce a new competition code on Google, Facebook, and other tech giants, beginning in April 2021. The company pegs the value of those clicks to UK publishers at about $800 million (£600 million) per year. Consumer control over data: If this leads to less targeting possibilities it becomes HARDER for small businesses to promote their products online."
Persons: Ronan Harris, Alok Sharma, didn't, Martin Peitz, Peitz, Oliver Dowden Organizations: Google, Facebook, Markets Unit, Google UK, Ireland, Digital Markets Unit, Ofcom, State, Business, Energy, Industrial, London Reuters, Markets Authority, Germany's University of Mannheim, Twitter Locations: Downing, London
Johnson picks new chief of staff to lead post-Cummings 'reset'
  + stars: | 2020-11-26 | by ( William James | ) www.reuters.com + 0.99   time to read: +2 min
LONDON (Reuters) - British Prime Minister Boris Johnson appointed Dan Rosenfield, a business consultant and former treasury official, as his new chief of staff on Thursday as he tries to restore trust in his leadership. Johnson is reshaping his senior team of advisers following the departure of Dominic Cummings earlier this month. The chief of staff is traditionally the most powerful political appointment in the prime minister’s office. Though exact responsibilities vary according the leaders’ preference, the job involves providing strategic and political advice to help the prime minister take decisions. Rosenfield will begin work on Dec. 7 and officially take up the Chief of Staff role on Jan. 1, Downing Street said.
Persons: Boris Johnson, Dan Rosenfield, Johnson, Dominic Cummings, Cummings, Rosenfield, Hakluyt, Alistair Darling, George Osborne, “ Dan, , Rupert Harrison, Osborne Organizations: British, Bank of America, Blackrock, Conservative Party, Downing
More UK areas move into higher risk COVID tiers, says health minister
  + stars: | 2020-11-26 | by ( Reuters Staff | ) www.reuters.com sentiment -0.74   time to read: 1 min
FILE PHOTO: Britain's Health Secretary Matt Hancock speaks during a media briefing at Downing Street, amid the coronavirus disease (COVID-19) outbreak, in London, Britain November 20, 2020. Trevor Adams/Pool via ReutersLONDON (Reuters) - British health minister Matt Hancock said on Thursday more areas in England than before would be in the higher risk tiers with tougher restrictions from Dec. 2 to fight the coronavirus pandemic and reduce its spread. “While all three tiers are less stringent that the national lockdown that we’re all living in now, to keep people safe and to keep the gains that are being made, more areas than before will be in the top two tiers,” Hancock told parliament, adding that the measures will be kept under regular review.
Persons: Matt Hancock, Trevor Adams, ” Hancock Organizations: Britain's, Downing, Reuters LONDON Locations: London, Britain, England
Britain says Brexit trade deal can be reached, but not at any cost
  + stars: | 2020-11-26 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain, November 25, 2020. REUTERS/Simon DawsonLONDON (Reuters) - Britain and the European Union can clinch a Brexit trade deal and the shape of one is clear, but London will not sign up to an accord at any cost, Britain’s finance minister said on Thursday. With just five weeks left until the United Kingdom finally exits the EU’s orbit, both sides are trying to reach a trade deal that would avoid a tumultuous finale to the five-year Brexit crisis. “With a constructive attitude and goodwill on all sides we can get there,” finance minister Rishi Sunak told Sky. European Commission head Ursula von der Leyen said on Wednesday the EU was ready for the possibility of Britain leaving it without a new trade accord despite “genuine progress” in the tortuous Brexit talks.
Persons: Rishi Sunak, Simon Dawson, ” Sunak, Ursula von der Leyen, Michel Barnier, Barnier, David Frost Organizations: REUTERS, Simon Dawson LONDON, European Union, LBC, Commission, EU, European Locations: Downing, London, Britain, United Kingdom, EU, Brussels
UK says on Brexit trade deal: We can get there but not at any cost
  + stars: | 2020-11-26 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
LONDON (Reuters) - Britain and the European Union can clinch a Brexit trade deal and the shape of one is clear but London will not sign up to an accord at any cost, Prime Minister Boris Johnson’s finance minister said on Thursday. FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain, November 25, 2020. “With a constructive attitude and goodwill on all sides we can get there,” Sunak told Sky. “It’s clear what the shape of the deal looks like.”“It is preferable” to get a deal, Sunak told LBC radio. An official involved in the negotiations said a deal was possible, but not likely before the weekend at the earliest.
Persons: Boris Johnson’s, Rishi Sunak, Simon Dawson, ” Sunak, Sunak, Ursula von der Leyen, Michel Barnier Organizations: European Union, REUTERS, LBC, European Commission, EU Locations: Britain, London, Downing, United Kingdom, EU
UK PM Johnson appoints business consultant as new chief of staff
  + stars: | 2020-11-26 | by ( ) www.cnbc.com + 0.99   time to read: +1 min
British Prime Minister Boris Johnson appointed Dan Rosenfield, a business consultant and former treasury official, as his new chief of staff on Thursday. Johnson is reshaping his senior team of advisers following the dramatic departure of Dominic Cummings earlier this month. "The Prime Minister has today appointed Dan Rosenfield as his chief of staff," a statement from Johnson's office said. He will begin work in Downing Street on Dec. 7 and officially take up the Chief of Staff role on Jan. 1. Rosenfield joins from Hakluyt, a strategic advisory firm for businesses and investors, where he has been global head of corporate clients and head of the UK business since 2016, the government said.
Persons: Boris Johnson, Dan Rosenfield, Johnson, Dominic Cummings, Cummings, Rosenfield, Hakluyt, Alistair Darling, George Osborne Organizations: British, Bank of America Locations: Downing
UK will not phase out RPI inflation measure before 2030
  + stars: | 2020-11-25 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain, November 25, 2020. REUTERS/Henry NichollsLONDON (Reuters) - Britain will not bring the Retail Prices Index (RPI) measure of inflation in line with the typically lower Consumer Prices Index before 2030. British government statisticians recommended last year that the government immediately bring RPI in line with the CPIH measure of inflation - a version of CPI which includes extra estimates of housing costs. The finance ministry rejected a sudden change last year, but said it would consult on whether to phase in a change at some point between 2025 and 2030. British statisticians have discouraged the use of RPI since 2013, saying it typically overstates inflation, but it remains widely used to calculate interest payments on index-linked bonds and student loans, as well as annual increases in some pensions, rail fares and other commercial contracts.
Persons: Rishi Sunak, Henry Nicholls LONDON Organizations: REUTERS, RPI, Statistics Authority Locations: Downing, London, Britain
UK cuts foreign aid spending commitment, causing outcry
  + stars: | 2020-11-25 | by ( Estelle Shirbon | ) www.reuters.com + 0.00   time to read: +2 min
LONDON (Reuters) - Britain reduced its foreign aid spending commitment on Wednesday to 0.5% of gross domestic product from 0.7%, causing an immediate outcry from international development organisations and the spiritual head of the Church of England. Britain's Chancellor of the Exchequer Rishi Sunak carries the "Spending Review 2020" document as he leaves Downing Street, in London, Britain, November 25, 2020. “Cutting the aid budget during a global pandemic is like closing fire stations during a heatwave,” said Patrick Watt, Director of Policy, Public Affairs and Campaigns at Christian Aid. The 0.7% target, originally introduced by Tony Blair when he was prime minister, was a commitment made by the ruling Conservative Party in the run-up to last year’s election and repeated by Prime Minister Boris Johnson. Prior to Sunak’s announcement, former prime ministers Blair and David Cameron had urged the government to retain the target.
Persons: Britain's, Rishi Sunak, Downing, Henry Nicholls, ” Sunak, , of Canterbury Justin Welby, , Patrick Watt, Danny Sriskandarajah, Tony Blair, Boris Johnson, Blair, David Cameron Organizations: of England, REUTERS, Twitter, Public Affairs, Christian Aid, Oxfam, Oxfam GB, Conservative Party Locations: Britain, London
UK pauses public sector pay hikes, except for health workers: Sunak
  + stars: | 2020-11-25 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain, November 25, 2020. REUTERS/Simon DawsonLONDON (Reuters) - Britain’s government will pause pay rises for public sector workers except those in the health service and on lower incomes, finance minister Rishi Sunak said on Wednesday, describing the measure as a way to target those “who need it most”. Sunak said he had to address the “disparity” between public and private sector wages in a move opposition parties said penalised the very people who have been on the frontline of Britain’s fight against the COVID-19 pandemic. “In such a difficult context for the private sector – especially for people working in sectors like retail, hospitality, or leisure - I cannot justify a significant, across-the-board pay increase for all public sector workers,” he told parliament. “Instead, we are targeting our resources at those who need it most ... What this means ... is that while the government is making the difficult decision to control public sector pay, the majority of public sector workers will see their pay increase next year.
Persons: Rishi Sunak, Simon Dawson, Sunak, , Anneliese Dodds Organizations: REUTERS, Simon Dawson LONDON, Labour Party, Locations: Downing, London, Britain
A recent opinion poll showed Sunak was the most popular figure among rank-and-file members of the ruling Conservative Party. The same poll gave Prime Minister Boris Johnson an approval rating of minus 10 percent. The prime minister, who was hospitalized with the coronavirus in April, is currently self-isolating after being exposed to the virus again. Chancellor of the Exchequer Rishi Sunak takes part in a BBC Children In Need and Comic Relief 'Big Night In' on April 23, 2020 in London. Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street in London in July.
Persons: Rishi Sunak, Sunak, Boris Johnson, He's, Kamala Harris, Joe Biden's, George Floyd, Sunder Katwala, Ipsos MORI, Enoch Powell, Johnson, Tony Blair, Katwala, British Obama, Shashi Tharoor, Tharoor, Goldman Sachs, Akshata Murthy, N.R, Narayana Murthy, Carl Emmerson, Emmerson, Britain's, Hannah Mckay, Reuters Johnson, Sunak chuckled Organizations: Conservative Party, United, Newspapers, Yorkshire Dales, Britain's Conservative Party, British, NBC, Labour Party, Democratic, Relief, Comic Relief, Eton, Johnson's, Winchester College, Oxford University, Stanford University in, Infosys, European Union, Brexit, Sunak, Analysts, Conservative, Fiscal Studies, Reuters Locations: Britain, United Kingdom, Europe, Yorkshire, England, Minneapolis, British, Democratic Republic of Congo, London, America, India, Stanford University in California, Downing
Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain, November 25, 2020. In the 2019/20 year, which ended as the country began to be hit by the COVID-19 pandemic, borrowing was just over 56 billion pounds, or 2.5% of GDP. Britain’s economy has been hit harder by the coronavirus pandemic than those of many other rich nations. Sunak has rushed out emergency spending and tax cuts to offset the crisis, including a recent extension of the government’s centrepiece jobs protection scheme. Sunak said the cost of the fight against coronavirus was now 280 billion pounds this year, up from a previous estimate of about 200 billion pounds.
Persons: Rishi Sunak, Henry Nicholls, Sunak, , OBR, coronavirus, ” Sunak Organizations: Britain's, REUTERS, European Union Locations: Britain, Downing, London, COVID, Europe
Economic forecasts will make 'for a sobering read', UK cabinet told
  + stars: | 2020-11-25 | by ( Reuters Staff | ) www.reuters.com sentiment -0.96   time to read: 1 min
FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain October 14, 2020. REUTERS/John SibleyLONDON (Reuters) - British finance minister Rishi Sunak told Prime Minister Boris Johnson’s cabinet team of top ministers on Wednesday that the upcoming Office for Budget Responsibility’s forecasts would “make for a sobering read”. “Cabinet was told the OBR forecasts will show the impact the coronavirus pandemic has had on our economy and they will make for a sobering read, showing the extent to which the economy has contracted and the scale of borrowing and debt levels,” Johnson’s Downing Street office said in a statement.
Persons: Rishi Sunak, John Sibley, Boris Johnson’s, Organizations: REUTERS, John Sibley LONDON, Locations: Downing, London, Britain, British
Britain warns tech firms over risks of China expansion
  + stars: | 2020-11-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.95   time to read: +2 min
FILE PHOTO: Caroline Dinenage arrives for Britain's Prime Minister David Cameron's first cabinet meeting at 10 Downing Street, in Westminster, London, Britain, May 12, 2015. REUTERS/Suzanne Plunkett/File PhotoLONDON (Reuters) - The British government launched a website on Tuesday warning digital and technology firms of the ethical, legal and commercial risks of expanding into China and accepting Chinese investment. Know the Challenge” the government website is designed as a guide for digital and tech firms, encouraging good practice and raising awareness of potential issues. “The UK is determined to support our businesses to engage with China in a way that reflects the UK’s values and takes account of national security concerns,” digital and culture minister Caroline Dinenage said in a statement. Alongside case studies, guides on how to conduct due diligence and links to specialist consultancies, the site contains some stark warnings.
Persons: Caroline Dinenage, David Cameron's, Suzanne Plunkett, Organizations: Britain's, Downing, REUTERS, British, Huawei Technologies Co, Huawei Locations: Westminster, London, Britain, China
ET Covid-19 Live Updates: As Crisis Deepens, Biden Team to Be Briefed on Disjointed U.S. On Monday, President Trump’s government finally authorized Mr. Biden to begin a formal transition process. In the absence of a formal transition, Mr. Biden had been left trying to signal to Americans that he is prepared to take charge of a disjointed federal virus response. “It doesn’t matter who you voted for, where you stood before Election Day,” Mr. Biden said in Delaware in early November after announcing a coronavirus task force. Coronavirus Vaccine Tracker A look at all the vaccines that have reached trials in humans.
Persons: Biden, Joseph R, Kamala Harrris, Anna Moneymaker, Trump’s, , Trump, Stephen M, Hahn, ” Mr, ” — Sheila Kaplan, Fabio Bucciarelli, David Engelthaler, Engelthaler, — James Glanz, Benedict Carey, Andrew Testa, That’s, — Carl Zimmer, Boris Johnson, we’re, Tolga, Johnson’s, Mr, Johnson, , , Mark Landler, It’s, Jim Wilson, Michelle Lujan Grisham, Barbara Ferrer, Sarah Stacke, Andrew M, Cuomo, Doug Steiner Organizations: Biden Team, ., The New York Times, Department of Health, Human Services, Centers for Disease Control, Food and Drug Administration, General Services Administration, Republican, Democratic, , Los Alamos National Laboratory, Genomics Research, AstraZeneca, University of Oxford, The New York, Reuters, British, Credit, Agence France, Downing, Conservative, Oxford University, Midwest, New York Times, Albuquerque . Baltimore ., Banner Health, Astoria Studios, Steiner Studios, Brooklyn Navy Yard, Silvercup Studios, Hollywood Locations: U.S, Arizona , California, Pennsylvania, Australia, United States, Delaware, Bergamo, Italy, China, Europe, New York City, Northern, Wuhan, Arizona, Oxford, England, Covid, Britain, Pfizer’s, British, Oakland, Calif, Upper Midwest, States, North Dakota, Wisconsin, Midwest, California, Delaware , Louisiana , Maryland , New Hampshire , New Mexico, Vermont, New Mexico, Pittsburgh, Albuquerque . Baltimore, Albuquerque . Baltimore . San Diego, El Paso, Los Angeles County, York, Amsterdam ”, Manhattan, New York, Queens, Long Island
The EU has thanked President-elect Joe Biden for his support after he warned Boris Johnson not to undermine the Good Friday Agreement in pursuit of a favourable Brexit deal. It came after Biden publicly warned Boris Johnson in October that a UK-US trade deal was off the table if Boris Johnson undermined the Good Friday Agreement. The EU has thanked President-elect Joe Biden for his support after he warned Boris Johnson against his plans to rip up parts of his Brexit deal with Europe. While President Trump was an ardent supporter of the UK's departure from the EU, Biden was firmly opposed to the idea. The president-elect in October also publicly warned Boris Johnson in October not to let the Good Friday Agreement become "a casualty of Brexit."
Persons: Joe Biden, Boris Johnson, Charles Michel, Biden, Michel, Johnson, Downing Street's, Trump, Antony Blinken Organizations: EU, European Council, European, Ministers Locations: Europe, Ireland, Northern Ireland, Great Britain
ET Covid-19 Live Updates: As Crisis Deepens, Biden Team Is to Be Briefed on Disjointed U.S. On Monday, President Trump’s government finally authorized Mr. Biden to begin a formal transition process. In the absence of a formal transition, Mr. Biden had been left trying to signal to Americans that he is prepared to take charge of a disjointed federal virus response. Bars and nightclubs will be required to close amid an increase in coronavirus cases in the city. The city’s authorities have toughened and relaxed its social-distancing rules with rises and falls in coronavirus cases.
Persons: Biden, Joseph R, Kamala Harrris, Anna Moneymaker, Trump’s, , Trump, Stephen M, Hahn, ” Mr, ” — Sheila Kaplan, Fabio Bucciarelli, David Engelthaler, Engelthaler, — James Glanz, Benedict Carey, Andrew Testa, That’s, — Carl Zimmer, Boris Johnson, we’re, Tolga, Johnson’s, Mr, Johnson, , , — Mark Landler, It’s, Jim Wilson, Michelle Lujan Grisham, Barbara Ferrer, Loren Elliott, Alan Joyce, I’ve, Joyce’s, Pope Francis, King Felipe VI of, Queen Letizia, Johnny Briceño, Ingrida, Yan Zhuang, Natasha Frost, Gaia Pianigiani, Sarah Stacke, Andrew M, Cuomo, Doug Steiner, Vincent Yu, Sophia Chan, Hong, Carrie Lam, Critics, Lam Organizations: Biden, ., The New York Times, Department of Health, Human Services, Centers for Disease Control, Food and Drug Administration, General Services Administration, Republican, Democratic, , Los Alamos National Laboratory, Genomics Research, AstraZeneca, University of Oxford, The New York, Reuters, British, Credit, Agence France, Downing, Conservative, Oxford University, Midwest, New York Times, Albuquerque . Baltimore ., Banner Health, Qantas, Sydney Airport, Reuters Australia’s, International Air Transport Association, Associated Press, Astoria Studios, Steiner Studios, Brooklyn Navy Yard, Silvercup Studios, Hollywood, Associated, Starlight Dance Locations: U.S, Arizona , California, Pennsylvania, United States, Delaware, Bergamo, Italy, China, Europe, New York City, Northern, Wuhan, Arizona, Oxford, England, Covid, Britain, Pfizer’s, British, Oakland, Calif, Upper Midwest, States, North Dakota, Wisconsin, Midwest, California, Delaware , Louisiana , Maryland , New Hampshire , New Mexico, Vermont, New Mexico, Pittsburgh, Albuquerque . Baltimore, Albuquerque . Baltimore . San Diego, El Paso, Los Angeles County, Australia, King Felipe VI of Spain, Belize, Lithuania, New York, Amsterdam ”, Manhattan, Queens, Long Island, Hong Kong, Credit
WASHINGTON (Reuters) - Democratic President-elect Joe Biden began naming members of his Cabinet on Monday, appointing experienced foreign policy and national security experts to key posts in line with his pledge to restore the United States’ global ties and standing as a world leader. NATIONAL SECURITY ADVISER: JAKE SULLIVANBiden’s national security adviser when he served as vice president to President Barack Obama, Sullivan also served as deputy chief of staff to Secretary of State Hillary Clinton. He was named Biden’s national security adviser on Monday. Senator and Secretary of State Kerry will act as “climate czar” in the Biden Administration, the president-elect’s campaign announced on Monday. CHIEF OF STAFF: RON KLAINA longtime Biden adviser with experience in responding to the Ebola pandemic, Klain was picked for the chief of staff role that sets the president’s agenda.
Persons: Joe Biden, Ron Klain, Larry Downing, Biden, ANTHONY BLINKEN, Barack Obama’s, Blinken, JAKE SULLIVAN, Barack Obama, Sullivan, Hillary Clinton, ALEJANDRO MAYORKAS, Mayorkas, DACA, AVRIL HAINES, Obama, Haines, LINDA THOMAS, GREENFIELD, Greenfield, KERRY, State Kerry, , Kerry, Janet Yellen, Donald Trump, Lael Brainard, Brainard, Sarah Bloom Raskin, Michele Flournoy, Bill Clinton, Biden’scampaign, Tammy Duckworth, Duckworth, Sally Yates, Yates, Doug Jones, Jones, Tommy Tuberville, Elizabeth Sherwood, Randall, Biden whenhe, aninitiative, Sherwood, Arun Majumdar, Stanford University’sfaculty, Jay Inslee, Inslee, Heather McTeer Toney, Toney, Mary Nichols, Michael Morell, Morell, Vivek Murthy, Murphy, Mandy Cohen, ofNorth, shehas, Cohen, David Kessler, Kessler, RON KLAIN, Klain Organizations: WASHINGTON, Democratic, REUTERS, White, OF STATE, State Department, Immigration Services, Obama, Mayorkas, CIA, Columbia University, UNITED, GREENFIELD Biden’s, United Nations, Thomas, KERRY Former U.S, State, Biden Administration, TREASURY, Thursday’s U.S, Brookings Institution, Republican, Federal Reserve Boardof Governors, internationalaffairs, Vanguard, Defense Department, U.S, Senate, U.S . Senate, Georgia Institute of Technology, Google, Stanford, Clean, Force, California’s Air Resources Board, Beacon Global, Human Services Department, Centers, Medicare, Services, FDA, OF Locations: States, Washington , U.S, Cuba, United States, Black, Africa, Saharan Africa, Paris, Maryland, Illinois, Iraq, Alabama, U.S, Washington, Kenya, France, Portugal, Nigeria, Senegal
FILE PHOTO: U.S. Vice President Joe Biden (R) is joined by Ebola Response Coordinator Ron Klain (L) in the Eisenhower Executive Office Building on the White House complex in Washington, U.S. November 13, 2014. REUTERS/Larry Downing/File PictureWASHINGTON (Reuters) - President-elect Joe Biden will announce the first of his Cabinet picks on Tuesday, incoming White House Chief of Staff Ron Klain said on Sunday. “You’re going to see the first Cabinet picks this Tuesday. He said last week he had already chosen his Treasury secretary. “We’ve made that decision,” Biden told a news conference.
Persons: Joe Biden, Ron Klain, Larry Downing, “ You’re, ” Klain, ABC’s, “ We’ve, ” Biden, Janet Yellen, Lael Brainard, Sarah Bloom Raskin, Raphael Bostic Organizations: REUTERS, WASHINGTON, White, Cabinet, Democrat, Democratic Party, Fed, Federal Reserve Bank of Atlanta Locations: Washington , U.S
Sunak says he hopes for a Brexit deal but not at any price
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
LONDON (Reuters) - British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain’s hands in the future. FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain October 14, 2020. He told the Sunday Times that he hoped Britain and the European Union would secure an agreement. “Certainly, it would be preferable to have a deal.”But he added: “The major impact on our economy is the coronavirus. It’s absolutely not (a question of doing) a deal at any price.
Persons: Rishi Sunak, John Sibley, Boris Johnson’s, , It’s, Sunak Organizations: European Union, REUTERS, EU, Sunday Times Locations: British, Downing, London, Britain,
UK's Sunak says he's seeing genuine progress in Brexit talks
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com + 1.00   time to read: 1 min
FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain October 14, 2020. REUTERS/John Sibley/File PhotoLONDON (Reuters) - British finance minister Rishi Sunak said there was genuine progress taking place in the Brexit talks and he was hopeful the two sides would agree a deal, he told the Sunday Times newspaper. Sunak also said he hoped that by the spring next year he would be able to start thinking beyond the current needs to support the economy and jobs, and on to how he could return the public finances to a sustainable level.
Persons: Rishi Sunak, John Sibley, Sunak Organizations: REUTERS, Sunday Times Locations: Downing, London, Britain, British
UK's Johnson sought to tone down bullying report on minister, reports say
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.83   time to read: +1 min
REUTERS/Henry Nicholls/File PhotoLONDON (Reuters) - British Prime Minister Boris Johnson sought to tone down an independent report that found one of his most senior ministers had bullied staff, two media reports said on Saturday. The author of the report, the government’s ethics adviser Alex Allan, resigned. On Saturday, the Times newspaper and the BBC said Johnson had tried and failed to convince Allan to tone down his findings, particularly the assertion that Patel’s behaviour amounted to bullying. “He spoke to Alex and asked him if he’d change the tone of it. “As you would expect, the prime minister spoke to Sir Alex Allan to further his understanding of the issues.
Persons: Priti Patel, Henry Nicholls, Boris Johnson, Johnson, Alex Allan, Allan, , Alex, Sir Alex Allan, ” Patel, Dominic Cummings, Downing Organizations: REUTERS, British, Times, BBC
Breakingviews - Mnuchin and Powell create dangerous guessing game
  + stars: | 2020-11-20 | by ( John Foley | ) www.reuters.com + 0.00   time to read: +3 min
The odd spat between Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jay Powell takes this unhelpful situation to a new level. Powell can’t exactly defy the Treasury, but the Fed’s response made his displeasure known. The U.S. economy needs fiscal support, yet many Senate Republicans feel public spending has already gone too far. Mnuchin and Powell could have resolved their problems in private. Mnuchin and Powell have fueled that guessing game, and only Congress, with its power to decide on another round of fiscal stimulus, can settle it now.
Persons: Larry Downing, Donald Trump, Steven Mnuchin, Jay Powell, Mnuchin, Powell, Goldman Sachs, Joe Biden, , isn’t, Banks Organizations: Federal Reserve, Open, REUTERS, Larry Downing NEW YORK, Reuters, Federal, Republicans, Democratic Locations: Washington, U.S, Mnuchin
“The prime minister has full confidence in the home secretary and considers this matter now closed,” the statement said. RIGHT TO RESIGNImmediately after Johnson cleared Patel, Allan quit and opponents accused the prime minister of giving the green light to bullying. “I recognise that it is for the prime minister to make a judgment on whether actions by a minister amount to a breach of the Ministerial Code,” Allan said. I would like to thank the Prime Minister for his support. “Yet again, the prime minister has been found wanting when his leadership has been tested,” Starmer said in a statement.
Persons: Boris Johnson, Priti Patel, Toby Melville, Alex Allan, Patel, Allan, Johnson, Philip Rutnam, ” Rutnam, Dominic Cummings, Downing, , ” Allan, , ” Patel, Keir Starmer, ” Starmer Organizations: British, REUTERS, Conservative Party, Labour Party Locations: Downing, London, Britain
PM Johnson backs minister over bullying report but adviser quits
  + stars: | 2020-11-20 | by ( Michael Holden | ) www.reuters.com + 0.00   time to read: +4 min
“The prime minister has full confidence in the home secretary and considers this matter now closed,” the statement said. RIGHT TO RESIGNImmediately after Johnson cleared Patel, Allan quit and opponents accused the prime minister of giving the green light to bullying. “I recognise that it is for the prime minister to make a judgment on whether actions by a minister amount to a breach of the Ministerial Code,” Allan said. I would like to thank the Prime Minister for his support. “Yet again, the prime minister has been found wanting when his leadership has been tested,” Starmer said in a statement.
Persons: Boris Johnson, Priti Patel, Peter Nicholls Johnson’s, Alex Allan, Patel, Allan, Johnson, Dominic Cummings, Downing, , ” Allan, , Cummings, ” Patel, Keir Starmer, ” Starmer Organizations: British, REUTERS, Conservative Party, Labour Party Locations: Reading, Britain
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