"There may well be cases where foreign investment in specific sensitive sectors poses too much of a risk. But creating a hostile environment for foreign investment is not the right approach." Max von Thun for City AM.
"As Britain continues to negotiate its departure from the European Union, the OneWeb deal provides the country leverage in talks on security matters", Franck Thomas in the New York Times.
"The government needs to make sure it has an operation that is bigger than the sum of its parts, rather than simply relying on one or two star performers. It needs to trust more of the government’s own ministers to take meaningful decisions, rather than relying on Number Ten to get it right every time, all the time; it needs to get a thicker skin about criticism, understanding that some of it means well, even if much of it is partisan; and, even with its significant majority, it needs to pick its battles." Alex Dawson for GQ magazine.
“Where the UK ends up on sustainable finance will be significant because this is one of the first financial files where the UK may diverge from the EU, even though they agree on the main policy substance,” Denzil Davidson for the Financial Times.
"There is perhaps a role for the World Trade Organization in helping states work on transparency protocols and best practice for lifting and imposing travel bans or restrictions." Global Counsel's Stephen Adams comments for the Financial Times.
“The importance of Airbus transcends the purely economic aspects of its activities,” said Daniel Capparelli, Practice Lead for Trade and Manufacturing. Airbus, he said, is the “flagship example” of choosing and supporting European Union-wide industrial champions.
“Coronavirus is going to impact on the ability of companies to be ready for anything,” said senior director Stephen Adams. “The last part of the year will be the most intensive in terms of getting the border ready, and that is also autumn and winter, when we could get a second wave of this.”
The first budget of Boris Johnson's government was designed to keep those who put him in power happy, embracing public spending while shying away from the bigger issues that the UK will soon be facing - Alex Dawson for GQ.
Gregor Irwin observes that the economy could be fundamentally reshaped by what it's about to go through. Where there are supply shocks, and a lack of staff or supplies means no amount of money can secure them, we may be heading into rationing territory.
It will be a test of governments, he suggests - how they respond to that, where the only rationing we're used to is of healthcare.
How will financial regulation change after Brexit? “The UK’s departure changes the balance of the debate on openness within the EU and gives countries like France greater weight,” - Denzil Davidson comments for the Financial Times.
