Ace Worldwide News Group 13:11 on June 5, 2020

#AceBusinessDesk …………The latest UK-EU talks on post-Brexit trade have ended without “significant areas of progress”, EU chief negotiator Michel Barnier has said

“The UK has until the end of June to ask for the “transition period” – keeping it in the single market and customs union – to be extended into next year, but the government has ruled this out.”

Published: June.05: 2020: https://ift.tt/3ePRD4X

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Ace Worldwide News Group 11:07 on June 5, 2020

#AceBusinessDesk ………….British finance minister Rishi Sunak said on Friday he had picked Richard Hugh es, a former senior official at Britain’s Treasury and the International Monetary Fund, as the next head of the country’s influential budget watchdog Reuters UK reports

“Hughes will replace Robert Chote, who will soon have served the maximum two five-year terms at the Office for Budget Responsibility (OBR) an independent body set up in 2010 to provide growth and borrowing forecasts for government budgets.”

Published: June.05: 2020: https://t.co/glYtRlT2Ct

Ace Worldwide News Group 11:04 on June 5, 2020

#AceMarketsDesk ……………..European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead to a significant pick-up in business activity, Bank of America analysts said on Friday.

“European stocks have already bounced back 38% from their March trough at the peak of the COVID-19 financial market crash and a further 10% rise would cover all the losses year-to-date.”

Published: June.05: 2020: https://t.co/Vjtfhvzs15

Ace Worldwide News Group 11:02 on June 5, 2020

#AceFinanceDesk ………….India has plenty of options to strengthen its diplomatic position that can coun ter the tense relationship between New Delhi and Beijing, James Crabtree, an associate professor at the Lee Kuan Yew School of Public Policy in Singapore, told CNBC.

“The Asian powerhouses are locked in a bitter standoff in the remote Ladakh region in the Western Himalayas and military officials are set to hold high-level talks on Saturday to ease tensions, according to reports. ”

Published: June.05: 2020: https://t.co/Ntp5Y8qkMq

Ace Worldwide News Group 11:00 on June 5, 2020

#AceFinanceDesk …………Bank of America announced Tuesday that it will commit $1 billion over four years to help local communities grapple with the widened economic and racial inequality caused by the #Covid19 outbreak

“”Underlying economic and social disparities that exist have accelerated and intensified during the global pandemic,” Bank of America CEO Brian Moynihan said in the release. “The events of the past week have created a sense of true urgency that has arisen across our nation, particularly in view of the racial injustices we have seen in the communities where we work and live…………We all need to do more.””

Published: June.05: 2020: https://t.co/KZwhHY7CpH

(LONDON) GOVUK Press Release Statement Report: Climate Change The contract is backed by the UK Gov. and awarded as part of the European Space Agency’s TRUTHS satellite mission, which will rapidly improve our a bility to track and monitor climate change from Earth Observation data #AceFinanceDesk report November 3, 2020
#AceFinanceReport – Nov.03: Airbus has been awarded a contract to prepare a mission to collect the most accurate measurements of energy coming into the Earth from the Sun, and light reflected off Earth’s surface, to help understand changes in balance (global warming) and mankind’s impact on the planet: The mission will not only make measurements […]
Ace Worldwide News Group
MOD Contract Report: Army’s construction vehicles boosted by £240 million maintenance contract for mili tary’s fleet of bulldozers, cranes and forklifts #AceFinanceDesk report August 28, 2020
#AceFinanceReport – Aug.28: The fleet – known as MITER – is a valuable asset in peace time activities and operations around the world: In recent years the equipment has been used to help with recovery following the devastation caused by Hurricanes Irma and Dorian in the Caribbean, during major flooding incidents in the UK and […]
Ace Worldwide News Group
Press Release Statement Report: Michael Gove & Brandon Lewis, announce a major £650-million package of investment for Northern Ireland offering new-free-to-use Trader Support, technology package and peace plus p rogramme funding #AceFinanceDesk report August 7, 2020
#AceFinanceReport – Aug.07: On a visit to Northern Ireland today (Friday 7 August), Chancellor of the Duchy of Lancaster, Michael Gove, and the Secretary of State for Northern Ireland, Brandon Lewis, will announce a major £650m package of investment to help traders in Northern Ireland, and support peace, prosperity and reconciliation projects on the island [ […]
Ace Worldwide News Group
Press Statement Report: Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic, the Minister fo r Regional Growth and Local Government has today (30 July 2020) announced #AceFinanceDesk report July 30, 2020
#AceFinanceReport – July.30: and medium sized businesses will have access to grants of between £1,000 – £5,000 to help them access new technology and other equipment as well as professional, legal, financial or other advice to help them get back on track: It comes on top of an unprecedented package of Government support to help […]
Ace Worldwide News Group
Free Trade Negotiations Report: Government announce they are one-step closer to a wide-ranging-free-trade-agreement with New Zealand that can provide better jobs, higher wages and more affordable prices and both sides highlighted that it was essential post-Covid-19 for economic recovery #AceFinanceDesk report July 29, 2020
We are now one step closer to an ambitious, wide-ranging free trade agreement with one of our oldest friends. An FTA with New Zealand can bring investment, better jobs, higher wages and more affordable prices just when we need them the most: Both teams of negotiators recognised the unprecedented circumstances we find ourselves in and […]
Ace Worldwide News Group
Press Release Transition Report: From today (29 July 2020), customs intermediaries can apply for £50 mi llion of new funding, first announced in June 2020, to increase their capacity to make declarations ahead of 2021 #AceFinanceDesk report July 29, 2020
HM Revenue and Customs (HMRC), which is running the scheme, is encouraging customs intermediaries and traders who make their own declarations to take advantage of the funding now: After the transition period ends, intermediaries, such as brokers, freight forwarders and express parcel operators, will play a critical role for businesses, and the government wan […]
Ace Worldwide News Group
Economic Insight: The UK’s economy has begun to recover as lockdown measures are eased but the quest ion still remains on ‘ How Much Long-Term Damage ‘ has been done or wether the people will r eturn to spending on the ‘ High Street ‘ or many will continue online as they have fo r the last three months #AceFinanceDesk report July 29, 2020
It’s still not clear how fast this recovery will be, and how much long-term damage has been done: This Insight looks at the latest data for signs of increased economic activity alongside falling wages and Government plans for future public spending: Economic update: Is the UK beginning to bounce back? Published Tuesday, July 28, 2020: […]
Ace Worldwide News Group
Digital Innovation Funding Awards: Councils are to received a share of £800,000 to build and develop so ftware tools for delivering public services during during this #pandemic following on the 11-projects that h ave already received funding #AceFinanceDesk report July 27, 2020
#AceFinanceReport – July.27: Councils have responded to the #coronavirus #pandemic by rapidly introducing innovative new ways of serving their communities: This new funding will help ensure they continue to modernise and improve the way they deliver public services: Examples include £67,500 for Newcastle City Council to develop a tool which predicts whether […]
Ace Worldwide News Group
Law Commission Proposals: 27/07/2020: Consumers who have pre-paid for goods would be better protected if a retailer goes insolvent, as under the existing rules, if a company becomes insolvent, goods are held by administrators as assets belonging to the business under a law dating back to 1893 #AceFinanceDesk report July 27, 2020
#AceFinanceReport – July.27: Under the existing rules, if a company becomes insolvent, goods paid for in advance that are still in its possession may be considered as assets belonging to the business: These goods can then be held by the company’s administrators and used to pay off the firm’s debts, potentially leaving consumers out of […]
Ace Worldwide News Group
Energy Catalyst Round 8 Opens: Until Sept.16: Mission is to accelerate the innovation needed to end energy p overty and develop ‘ Products & Services ‘ that help countries in sub-Saharan Africa, S outh Asia, South East Asia or multiple regions access secure, low cost and low carbon energy #AceFinanceDesk report July 26, 2020
#AceFinanceReport – July.26: The competition, Energy Catalyst round 8 – which is open now and runs until September 16th – seeks to encourage the development of products and services that help countries in sub-Saharan Africa, South Asia, South East Asia or multiple regions access secure, low cost and low carbon energy: They must be targeted […]
Ace Worldwide News Group

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UK Parliament, Commons, Bills News, Statements, Stories, #Brexit , Trade & Business Reports

Monthly Archives: June 2020

#AceBusinessDesk …………The latest UK-EU talks on post-Brexit trade have ended without “significant areas of progress”, EU chief negotiator Michel Barnier has said

#AceBusinessDesk ………….British finance minister Rishi Sunak said on Friday he had picked Richard Hugh es, a former senior official at Britain’s Treasury and the International Monetary Fund, as the next head of the country’s influential budget watchdog Reuters UK reports

#AceMarketsDesk ……………..European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead to a significant pick-up in business activity, Bank of America analysts said on Friday.

#AceFinanceDesk ………….India has plenty of options to strengthen its diplomatic position that can coun ter the tense relationship between New Delhi and Beijing, James Crabtree, an associate professor at the Lee Kuan Yew School of Public Policy in Singapore, told CNBC.

#AceFinanceDesk …………Bank of America announced Tuesday that it will commit $1 billion over four years to help local communities grapple with the widened economic and racial inequality caused by the #Covid19 outbreak