Tag: United Kingdom

GovernmentPolicy

UK Government Faces Legal Challenge Over Chinese Embassy Approval Process

A prominent legal opinion concludes that approving China’s massive London embassy could violate planning laws if ministers provided advance assurances. Opponents are preparing funds for a potential judicial review as diplomatic tensions escalate over the delayed decision.

Legal Opinion Questions Legitimacy of Embassy Approval Process

A senior planning lawyer has concluded that approving China’s proposed super-embassy in east London could be unlawful if UK ministers gave Beijing advance assurances about the project, according to reports. The legal opinion by Lord Banner suggests that if Prime Minister Keir Starmer or his team made promises to the Chinese government, it could constitute “actual or apparent predermination” of the planning application.

by Bennett Laura
PolicyTrade

Bank of England Chief Warns Global Economy Faces Brexit-Like Trade Damage

Bank of England Governor Andrew Bailey has pointed to Brexit as a warning to the global economy about the damaging effects of trade barriers. According to his remarks at the Group of Thirty meeting, erecting trade restrictions negatively impacts growth despite eventual adaptation. The comments come as finance leaders gather for IMF meetings where tariffs dominate discussions.

Brexit Serves as Global Trade Warning

Bank of England Governor Andrew Bailey has pointed to Brexit as a cautionary example of how trade barriers can damage economic growth, according to reports from Washington where global finance leaders are meeting. Sources indicate Bailey told the Group of Thirty gathering that Britain’s departure from the European Union continues to weigh on the nation’s economic prospects despite some adaptation by businesses.

by Bennett Laura