Connect with us

Published

on

Shadow foreign secretary Lisa Nandy has accused Boris Johnson of being “missing in action” on the issue of border controls in Northern Ireland.

The Labour minister told Sky News the government must sort out the border in the Irish Sea which is “causing absolute havoc” and warned ministers they have a responsibility to ensure any kind of checks or disruption are minimised.

Her comments came as the UK’s Brexit minister warned Brussels that time is “starting to run out” to fix the problems facing Northern Ireland after Brexit.

Lisa Nandy
Image:
Lisa Nandy also urged Mr Johnson to do more to resolve the issue as quickly as possible

On Sunday, Lord Frost said the UK government had “underestimated” the impact that the Northern Ireland protocol – part of the treaty which enabled the UK to leave the EU – would have.

In an article for the Financial Times before his upcoming meeting with European Commission vice-president Maros Sefcovic in London, Lord Frost – who was the PM’s chief negotiator during the negotiations with the EU, admitted ensuring the protocol worked had led to “political turbulence”.

“We underestimated the effect of the protocol on goods movements to Northern Ireland, with some suppliers in Great Britain simply not sending their products because of the time-consuming paperwork required,” Lord Frost said.

He added: “The EU needs a new playbook for dealing with neighbours, one that involves pragmatic solutions between friends, not the imposition of one side’s rules on the other and legal purism.

More on Boris Johnson

“But time is starting to run out. We need to see progress soon. I hope we can this week.”

Speaking to Sky News on Monday, Solicitor General Lucy Frazer also acknowledged the trade complexities surrounding Brexit and Northern Ireland are “more difficult than we anticipated”.

UK chief trade negotiator, David Frost looks on as Prime Minister Boris Johnson signs the EU-UK Trade and Cooperation Agreement at 10 Downing Street, Westminster.
Image:
Brexit minister Lord Frost said the UK Government had ‘underestimated’ the impact that the Northern Ireland protocol would have

“It is very difficult on the ground in terms of trade. It is really important that we sort it and Lord Frost is doing just that.

“As it has panned out, on the ground it is more difficult than we anticipated and we do need to sort out that trade arrangement,” she said.

But over the weekend, new Democratic Unionist Party leader Edwin Poots said: “The Northern Ireland Protocol is bad for business in Northern Ireland and it is bad for every one of our citizens.”

He urged those “who want to make Northern Ireland work” to “speak with one voice against the absurd barriers placed on trade”.

Labour’s Ms Nandy also urged Mr Johnson to do more to resolve the issue as quickly as possible.

She told Sky News: “The prime minister made promises to the people of Northern Ireland that haven’t been kept.

Edwin Poots
Image:
Edwin Poots said Northern Ireland can only ‘work’ if ‘absurd barriers placed on trade’ are removed

“I think the best way to resolve this is through decent relationships, investing in those relationships and through pragmatism.

“We need to make sure we minimise any kind of border checks or disruption, and we can do that with good will on both sides.

“But there’s a feeling at the moment that the government is missing in action on this, particularly the prime minister.

“Boris Johnson has created this problem and yet he’s nowhere to be seen, I think there’s a real feeling of dismay about that, but he could turn that around.”

Meanwhile, former Brexit secretary David Davis said difficulties with the implementation of the Northern Ireland Protocol were inevitable after former prime minister Theresa May “conceded the so-called full-alignment wording”.

Ex-Brexit Secretary David Davis MP
Image:
Former Brexit secretary David Davis said he predicted at Chequers that the Northern Ireland protocol would be problematic

He told Sky News: “It was one of the things I resigned over you may remember.

“I did predict that the prime minister at the time, when she conceded the so-called full-alignment wording, that this was problematic, not what we were promised, and would lead to difficulties in the future – and that is exactly what we are seeing.”

Conservative Mr Davis added: “Once you’ve got to the point of agreeing the alignment of Northern Irish regulations with the south Irish regulations you are creating a border.

“Of one sort or another, you are creating a border which would end up falling in the Irish Sea.”

Mr Davis added that the issues “will be resolved” but that it is “an unnecessary difficulty” which “will add a couple of years of negotiation to the overall outcome”.

Continue Reading

Business

Sainsbury’s blames Visa card issues for online payment failure

Published

on

By

Sainsbury's blames Visa card issues for online payment failure

J Sainsbury, the supermarket chain, was on Wednesday racing to resolve an issue with card payments made involving Visa and Barclays which was impacting customers’ ability to pay for online grocery orders.

Sky News understands that Sainsbury’s is working with Visa and Barclays to address the issue after a number of shoppers reported that their card payments had failed.

A Sainsbury’s spokeswoman initially said Visa card payments were to blame for the problems, with the retailer subsequently updating its position to say the technical issue actually rested with Barclays.

Money latest: The best places to retire in Britain

The grocer ruled out the possibility of a cyberattack and said its website and app were functioning normally, with no direct impact on customers.

The issue nevertheless illustrates the extent to which the industry is on high alert for cybersecurity-related incidents after a spate of attacks which have raised concerns about the sector’s resilience.

In recent months, major British retailers including Marks & Spencer, the Co-op and Harrods have been the victim of cyberattacks, with the impact on M&S particularly acute.

More from Money

M&S has said the attack on its systems would cost it at least £300m and forced it to suspend online orders for months.

The Co-op saw in-store availability of thousands of products disrupted for several weeks.

A Sainsbury’s spokesperson said, “We’re working with one of our payment providers to resolve a temporary issue processing some payments for our Groceries Online service.

“We continue to deliver orders for customers and our website and app are working as normal.”

Visa said: “”Visa systems are operating normally. We are working with our partners to help them investigate.”

Barclays has been contacted for comment.

Continue Reading

Business

Gary Neville hits out at national insurance rise – and makes prediction for Manchester United’s season

Published

on

By

Gary Neville hits out at national insurance rise - and makes prediction for Manchester United's season

Gary Neville has criticised the government’s national insurance (NI) rise this year, saying it could deter companies from employing people and “probably could have been held back”.

The former Manchester United and England footballer-turned business owner, who vocally supported Labour at the last election, employs hundreds of people.

But he expressed his frustration at the recent hike on employers’ NI, which has significantly increased the taxes businesses have to pay for their employees.

Speaking to Sky News’ Business Live, Neville said: “I honestly don’t believe that, to be fair, companies and small businesses should be deterred from employing people. So, I think the national insurance rise was one that I feel probably could have been held back, particularly in terms of the way in which the economy was.”

While the Sky Sports pundit thought the minimum wage increase introduced at the same time was necessary to ensure that people are paid a fair wage and looked after, he made it clear the double whammy for businesses at the start of April would be a challenge for many companies big and small.

“I mean look it’s been a tough economy now for a good few years and I did think that once there was a change of government, and once there was some stability, that we would get something settling,” he said. “But it’s not settling locally in our country, but it is not settling actually, to be fair, in many places in the world either.

“I don’t think we can ever criticise the government for increasing the minimum wage. I honestly believe that people, to be fair, should be paid more so I don’t think that’s something that you can be critical of. I do think that the national insurance rise, though, was a challenge.”

Read more:
The industries hit hardest by national insurance hike
Survival guide: How to offset national insurance contributions hike

Neville’s business interests are diverse, spanning property development, hospitality, media, and sports.

He co-founded GG Hospitality, which owns Hotel Football and the Stock Exchange Hotel, and is involved in Relentless Developments, focusing on building projects in the North West. He is also a co-founder of Buzz 16, a production company, and a partner in The Consello Group, a financial services company.

The tax increase is expected to raise £25bn for the Treasury, with employers having to pay NI at 15% on salaries above £5,000, and up to 13.8% on salaries above £9,100.

The rise has already led the Bank of England to warn that it is contributing to a job market slowdown.

Please use Chrome browser for a more accessible video player

NI and tariffs pile pressure on firms

Governor Andrew Bailey warned last month that “the labour market has been very tight in the past few years, but we are now seeing signs that conditions are easing, employment growth is subdued, and several indicators of labour demand and hiring intentions have softened”.

The government has defended the tax increase, announced by Rachel Reeves in last year’s budget and implemented in April, arguing that the money was needed to pay for public services like the NHS to help bring down waiting lists.

‘Can’t get any worse’ for Man Utd

Neville conceded that turning beleaguered football club Manchester United around could prove more difficult than trying to bring about substantial economic growth.

The side finished 15th last season – its worst performance in the history of the Premier League.

“Yeah, that could be a bigger challenge than the economy… I think the two signings are good signings yet, there’s a couple more needed,” Neville said of his former club’s fortunes.

“I think they need a goalkeeper. And I think if they fill those two positions with decent signings, then United can have a lot, I mean, they have to have a better season than last year. It can’t get any worse, really.”

Continue Reading

Business

English cricket goes into bat with bulk of £520m Hundred windfall

Published

on

By

English cricket goes into bat with bulk of £520m Hundred windfall

English cricket’s governing body will on Wednesday hail a landmark moment for the sport when it announces that three-quarters of the deals to bring in new investors to The Hundred have been completed.

Sky News understands that the England and Wales Cricket Board (ECB) plans to issue a statement confirming that it has received proceeds from the sale of stakes in Birmingham Phoenix, London Spirit, Manchester Originals, Northern Superchargers, Southern Brave and Welsh Fire.

The two other franchise deals – involving the Oval Invincibles and Nottinghamshire’s Trent Rockets – will be completed on October 1, the ECB is expected to say.

One insider said a statement was likely to be issued on Wednesday, although they cautioned that the timing could slip.

When all eight deals are concluded, they will generate a collective windfall of £520m for the sport’s strained coffers.

Last week, Sky News revealed that unresolved talks between India’s richest family and Surrey County Cricket Club – which hosts the Oval Invincibles Hundred team – were threatening to delay the delivery of a vast windfall for the sport.

One of the outstanding issues relates to the name under which the Oval Invincibles will play in future years, with the Ambani family keen to use a derivative of the Mumbai Indians brand that it also owns.

More on The Hundred

This week’s announcement will come after months of talks after the ECB and the eight Hundred-playing counties agreed exclusivity periods with their preferred investors.

The backers include some of the world’s most prominent financiers, billionaires and technology executives.

Following protracted talks, the ECB has agreed to revised terms with the investors, with host venues now retaining control of their teams’ intellectual property rights.

The investors will also hold an effective veto over future expansion of the Hundred, while the ECB will be barred from launching any other short-form professional version of the sport while the Hundred remains operational.

Meanwhile, the governing body will retain full ownership of the competition itself as well as controlling the regulation of it and the window within which it can be played each year.

The ECB has been waiting for investors in the eight franchises to sign participation agreements since an auction in February, which valued the participating teams at just over £975m.

Some of the deals involve the investors owning 49% of their respective franchise, while India’s Sun TV Network has taken full ownership of Yorkshire’s Northern Superchargers.

The proceeds of its stake sales will be distributed to all of English cricket’s professional counties as well as £50m being delivered to the grassroots game.

The windfalls are being seen as a lifeline for many cash-strapped counties which have been struggling under significant debt piles for many years.

The most valuable Hundred sale saw a group of technology tycoons, including executives from Google and Microsoft, paying about £145m for a 49% stake in Lord’s-based London Spirit.

This year’s tournament kicks off next week with fixtures including a clash between the two London-based franchises.

The ECB declined to comment.

Continue Reading

Trending