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WHAT'S NEXT?: Achieving Brexit will dominate the UK's agenda up to and beyond 2020 with uncertainty rife until clear decisions are made on the form of Great Britain's future relationship with the EU and the rest of the world.

  • [New] The UK has a unique opportunity today to lead again and establish the world's first international asset register by setting up and linking up asset registers across its jurisdictions. Tax Justice Network
  • [New] Britain's local parks and green spaces could have a significant role to play in restoring a sense of community and local pride as well as contributing to health, wellbeing and climate change resilience. Fields in Trust
  • [New] The Bank of England expects inflation to exceed 10% in October when the energy price cap is lifted for the second time in 2022. Business Matters
  • [New] The Bank of England expects the CPI measure of inflation to rise further, hitting 10.2% in October. Charles Stanley
  • [New] Significant increases in international energy, food and goods prices over the past year imply a substantial squeeze in UK residents' real incomes, which will weigh on future demand and employment. Bank of England
  • [New] New and ambitious provisions on data, digital and services trade represent an exciting opportunity for British business and can help cement the UK's position as a leader in professional advisory and financial services around the world. GOV.UK
  • [New] The Bank of England will need to raise interest rates further to combat the risk of self-perpetuating price rises. Reuters
  • [New] The UK and other NATO members can engage with ongoing risk reduction initiatives, such as the Stockholm Initiative and Creating an Environment for Nuclear Disarmament, to distil lessons learned about the Ukraine crisis and how to reduce future nuclear risks. Kings College London
  • [New] The practice of pseudonymisation is recognised in UK and EU law as a measure that promotes data protection and as having the potential to reduce risks to data subjects. Pinsent Masons
  • [New] International students will not be given the flexibility to complete the failed course or dissertation and simultaneously, apply for the UK post-study work visa once their student visa expires. Study International Staff
  • [New] With as many visas being granted, there is a small chance that applicants of the UK post-study work visa might be rejected. Study International Staff
  • [New] A UK post-study work visa could open up a plethora of opportunities for international students to carve themselves a bright future. Study International Staff
  • [New] Higher energy prices increase the remaining emissions from UK industry in 2050 by 50% to reach 6.3 MtCO 2 e. UKERC
  • [New] Overhauling the UK's 40-year-old statutory sick pay system could benefit the UK to the tune of £3.9bn as well as provide better support for millions of workers. Personnel Today
  • [New] Businesses signed up to Wrap's Courtauld 2030 initiative have pledged to deliver a 50% absolute reduction in GHG emissions associated with food and drink consumed in the UK by 2030 (against a 2015 baseline). The Grocer
  • [New] Audit Scotland highlighted independent forecasts which predict the Scottish Government will have to find an extra £760 million to pay for its more expensive welfare policies within four years. The Telegraph
  • [New] The UK's Travel & Tourism's contribution to GDP is forecasted to grow at an average rate of 3% annually between 2022-2032. Hotel News Resource
  • [New] Warm homes discount The Treasury could increase the warm home discount, which from October will offer three million of Britain's poorest families £150 off their energy bills. The Times
  • [New] The UK's green economy is projected to grow by 11% each year until 2030, with more than 1.2 million people being employed by low carbon goods and services sectors by 2050. Energy Live News
  • UK inflation will reach 10% by late-2022 said the Bank of England last week as it raised its overnight interest rate to match the US Fed's May rise to 1%. BullionVault
  • The Future Nuclear Enabling Fund is expected to support industry investment in nuclear, offer opportunities to projects in all regions of the UK and create high-skilled jobs, as well as boosting the resilience and capability of UK nuclear supply chains. Machinery Market
  • Supporting energy security in the short-term - Doubled gas production from its Duva field in Norway to around 13 kboepd, which will supply enough gas to heat an additional 350,000 UK homes. Oil and Gas Innovation

Last updated: 24 May 2022


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