Connect with us

Published

on

The City minister will on Thursday hold talks with some of Britain’s most valuable technology start-ups as the government seeks to convince them to float in London.

Sky News understands that Tulip Siddiq, economic secretary to the Treasury, will meet the Unicorn Council, whose members include companies such as Monzo, the digital bank, and Zilch, the consumer lending platform.

Ms Siddiq’s meeting with the council will come after she addresses a conference organised by Innovate Finance, the fintech trade association.

Sources said attendees were expected to raise issues such as a potential increase in capital gains tax in this month’s budget, although any questions on tax policy would be evaded by ministers so close to a major fiscal event.

The Unicorn Council was set up earlier this year in an attempt to promote the policy asks of large UK-based tech companies.

It is co-chaired by Janine Hirt, chief executive of Innovate Finance; Philip Belamant, CEO of Zilch, and Charles McManus, Clearbank’s chief executive.

Among its other members are executives from GoHenry, Oaknorth, PrimaryBid, Revolut and Truelayer.

Many of the companies represented on the council are expected to sell shares publicly in the coming years.

Reforms to listing rules have been introduced to make the London market more attractive to growth companies, although their effectiveness remains to be seen.

The Treasury declined to comment.

Continue Reading

Politics

Czech justice minister resigns over $45M Bitcoin gift from convict

Published

on

By

Czech justice minister resigns over M Bitcoin gift from convict

Czech justice minister resigns over M Bitcoin gift from convict

Czech Justice Minister Pavel Blazek resigned following backlash over his ministry’s sale of Bitcoin donated by a convicted criminal.

Continue Reading

Politics

France charges 25 over crypto kidnapping spree in Paris

Published

on

By

France charges 25 over crypto kidnapping spree in Paris

France charges 25 over crypto kidnapping spree in Paris

French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large.

Continue Reading

Politics

Farage has ‘grabbed the mic’ to dominate media agenda, says Harman

Published

on

By

Farage has 'grabbed the mic' to dominate media agenda, says Harman

Nigel Farage has successfully exploited the Commons recess to “grab the mic” and “dominate” the agenda, Harriet Harman has said.

Speaking on Sky News’ Electoral Dysfunction podcast, the Labour peer said that the Reform UK leader has been able to “get his voice heard” while government was not in “full swing”.

👉 Listen to Electoral Dysfunction on your podcast app 👈

Mr Farage used a speech this week to set himself, rather than Kemi Badenoch’s Tories, up as the main opposition to Sir Keir Starmer at the next election.

The prime minister responded on Thursday with a speech attacking the Clacton MP.

Baroness Harman said: “It’s slightly different between opposition and government because in government, the ministers have to be there the whole time.

“They’ve got to be putting legislation through and they kind of hold the mic.

More from Politics

“They can dominate the news media with the announcements they’re making and with the bills they’re introducing, and it’s quite hard for the opposition to get a hearing whilst the government is in full swing.

Please use Chrome browser for a more accessible video player

‘Big cuts’ to fund other Reform UK policies

“What we used to do when we were in opposition before 1997 is that as soon as there was a bank holiday and the House was not sitting, as soon as the half-term or the summer recess, we would be on an absolute war footing and dominate the airwaves because that was our opportunity.

“And I think that’s a bit of what Farage has done this week,” Harman added.

“Basically, Farage can dominate the media agenda.”

She went on: “He’s kind of stepped forward, and he’s using this moment of the House not sitting in order to actually get his voice heard.

“It’s sensible for the opposition to take the opportunity of when the House is not sitting to kind of grab the mic and that is what Nigel Farage has done.”

But Baroness Harman said it “doesn’t seem to be what Kemi Badenoch’s doing”.

She explained that the embattled leader “doesn’t seem to be grabbing the mic like Nigel Farage has” during recess, and added that “there’s greater opportunity for the opposition”.

Continue Reading

Trending