Britons trying to pay overseas direct debits and send money to banks and companies in Europe are having their transactions blocked as Brexit continues to cause hurdles and headaches. Those trying to send money abroad now have to provide an additional layer of detail when making payments as the UK is now classed as a ‘third … Read more
China was branded ‘weak, bullying and petulant’ today as it refused to allow Hong Kong citizens to leave using British passports amid a furious row over UK plans to grant residency to thousands of people. The communist regime’s foreign ministry today said it would not recognise the British National Overseas passport as a valid travel document. … Read more
Britain’s biggest banks have been accused of hiding the true cost of sending money overseas and breaching the ‘spirit’ of new laws designed to bring transparency to international payments. An investigation by This is Money and the currency conversion service Transferwise has found those wishing to send money to European countries are being hit with … Read more
Overseas bidders lead the race to buy Topshop: Chinese and Americans favourite to secure Arcadia crown jewel Topshop is set to fall into foreign hands following the collapse of Sir Philip Green’s High Street empire Chinese fast fashion giant Shein and US investment firm Authentic Brands appear to be going head to head Arcadia collapsed … Read more
Prince Harry helps to launch new online mental health service for first responders in Australia set up by Invictus Games co-founder – and says he knows how ‘critical it is to train your mind as a muscle’ Prince Harry, 36, assisted in launching mental health tool, Peak Fortem It is online resource for first responders … Read more
Another UK firm in foreign hands: Smart meter installer Calisen to be bought by overseas investors By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 Calisen confirmed it was pushing ahead with a takeover from a consortium of major international investors Smart-meter business Calisen … Read more
Joe Biden’s first overseas trip as president will be to a tiny Cornish seaside village for the G7 summit, it is understood. Carbis Bay in Britain’s most southerly county has a population of just over 3,000 and is set to host the first in-person meeting of the G7 in almost two years in June. The trip … Read more
Why did overseas firms like Chanel get Bank of England coronavirus loans? By Neil Craven, Financial Mail on Sunday Published: 21:52 GMT, 9 January 2021 | Updated: 21:52 GMT, 9 January 2021 In the bag: Luxury fashion firm Chanel was one foreign firm to benefit The mammoth Bank of England loan scheme was drawn up … Read more
A new law is set to save the UK’s national treasures going to overseas buyers after the National Gallery lost a £30million battle to keep a 16th Century masterpiece. The introduction of legally binding offers from January 1, which marks the first major change in the export deferral system in more than 65 years, will mean … Read more
Boris Johnson vows to axe funding for overseas fossil fuel projects ‘as soon as possible’ ahead of UN climate summit PM wants to stop promoting new crude oil, natural gas and thermal coal scheme Boris Johnson described the move as ‘ambition on a truly grand scale’ It is a significant change as the government has … Read more