London politics
fromwww.bbc.com
41 minutes agoAt-risk traders anxious despite court reprieve
Traders at Brixton Plaza are fighting eviction to make way for a supermarket, but a High Court injunction has temporarily halted the process.
Darren Hayes, who has lived in France for 15 years, expressed frustration over the new UK passport rules, stating, 'I first saw this requirement a few weeks ago on the BBC, I know the UK government says that it has been well publicised but I didn't see it anywhere.'
The dollar index held broadly steady on Thursday, as a fragile ceasefire between the US and Iran kept investor sentiment cautious. Reports that oil tanker transit through the Strait of Hormuz remains constrained, alongside some ongoing tensions in the Middle East, have kept markets on edge.
Changes to the UK's IR35 tax legislation will redraw the lines of responsibility between businesses and the freelancers they engage, promising relief for many companies that previously bore the compliance burden.
FirstRand has criticized the regulator's intervention into the car finance market as 'disproportionate and unfair', warning that it will now be forced to pay out as much as £750 million to motorists who were mis-sold finance deals.
Companies across sectors such as banking, industry, and technology report that their digital infrastructure is closely intertwined with American software and cloud platforms. Many organizations rely on services from large American suppliers for office software, cloud storage, and AI applications. According to them, this dependence cannot be reduced quickly without operational disruptions.
The new checks, part of the EU's new Entry/Exit System (EES), collect digital personal records of third country nationals travelling to the Schengen area and replace the manual stamping of passports.
Yesterday (Jan. 20), the Commission unveiled its revised Cybersecurity Act proposal after months of behind-the-scenes negotiations that reportedly caused substantial friction between officials and member states. This sweeping update introduces measures to identify and potentially exclude "high-risk" third countries and companies from Europe's critical digital infrastructure across 18 essential sectors, including energy systems. As cybersecurity threats continue rising since the original Act took effect seven years ago, the EU is essentially drawing new battle lines in the global tech landscape.
The groups complain about "the increasing concentration of power and lack of alternatives in digital markets, the push for deregulation, and the urgent need to enforce digital laws to protect our fundamental rights and create a level playing field for competition and innovation."