The new Insolvency Bill aimed at supporting businesses hit by COVID-19 could put millions of pensions at risk.
The UK is in the process of finding out what Brexit really means. The result of the 2016 EU referendum is being decided by talks between 100 EU negotiators and their 100 British counterparts. What will these negotiators make of Brexit? Where will there be compromises? Who will get the best deal?
On 15 May 2020 the penultimate round of trade negotiations between the UK-EU ended. Little progress has been made and it seems that a no trade deal outcome is more and more likely. There were two contested points that led to the breakdown of talks. These were the “level playing field” measures wanted by the EU and future fishery rights given.
China’s National People’s Congress (NPC) announced that it would introduce a national security law on Hong Kong, banning any act that endangers China’s national security, including subversion, separatism, terrorism and foreign interference. The decision caused Hong Kong’s main stock index to tumble by 5.6%.