Westminster & City News N°2 – 9-15 January 2024

Macroeconomic news

  • UK GDP rose 0.3% in November, after a contraction of the same magnitude the previous month.
  • Hiring intentions remain subdued as 2023 draws to a close, latest survey shows Employment Report.
  • BrewDog, the UK's largest brewer, is abandoning its commitment to pay all its staff the voluntary living wage.

Business News

  • As part of the periodic review of the Trans-Pacific Partnership Agreement (CPTPP), the Ministry of Trade and Enterprise has opened a Public consultation relating to the operation and rules of the agreement.
  • The British Office of Statistics (ONS) has published the numbers of foreign trade for the month of November 2023.
  • The government makes public a relationship request to the consultant London Economy on the impact of international investment agreements on outward FDI flows.

Financial News

  • Chancellor J. Hunt find City executives as part of discussions on the attractiveness of the London Stock Exchange for IPOs.
  • The HMT publishes a practical code on the UK Clearing House (CCP) resolution regime.
  • The HMT publishes a consultation aimed at strengthening the special resolution regime (RRR) for small credit institutions.
  • The PRA (Prudential regulatory authority) publishes his “ Letter to CEOs » in which it lists its priorities for the supervision of international banks for 2024.

Vince Fernandez

"Professional food trailblazer. Devoted communicator. Friendly writer. Avid problem solver. Tv aficionado. Lifelong social media fanatic."

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