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Downing Street is still exploring Border checks delayed again after Brexit Industry warnings about goods coming into the UK from the EU to prevent supply chain disaster.
Ministers are considering whether to delay for a fourth time a sweeping inspection of imports from the European Union, which was due to take effect on July 1, as part of a resolution to trade frictions and the cost of living crisis, officials briefed on the discussions said.
Goods from the EU are not subject to safety and security declarations, while food and plant products are not subject to physical inspection.
Thank you for reading FirstFT Europe/Africa. Here’s the rest of the news today – Jennifer.
Five more stories in the news
1. Russia reduces military activity in Kyiv Russia has decided ‘dramatic’ reduction The company’s military activities in Kyiv, a senior Kremlin defense official said after a new round of peace talks with their Ukrainian counterparts.stock market rises and Oil prices fall on the news.
More from the Ukraine War:
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Sanctions: Britain praised yesterday The first seizure of a superyachtOwned by Motiv Telecom founder Vitaly Vasilievich Kochetkov, it is located in British waters under its sanctions regime. Respectively, Billionaire Support The Russian-sanctioned arms maker has provided a seed investment to London-based fund manager Gemcorp Capital, which now has $1.2 billion in assets.
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army: The Russian invasion has led some UK government and military officials to take a fresh look The strength of the British army.
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market: what to explain Global stock markets calm Despite the conflict? Warnings of systemic risk remain to be discovered.
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Energy Interpreter: Could U.S. gas free Europe from dependence on Russian supplies?Derek Brower and Miles McCormick survey.
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View: Can the West prevent creditors from profiting from Moscow’s frozen funds?read Alphaville’s Guide to Confiscation of Russian Assets.
“I am slowly and painfully embracing the idea that NATO must be ready to fight,” Martin Wolf wrote in an article. exchange opinions Last week with Gideon Rahman. Gideon disagreed, arguing that direct NATO intervention would be a tragedy for the world. What do you think?in our poll Latest opinion polls.
2. P&O Ferries layoffs prompt UK employment law changes Transport Secretary Grant Shapps to lay out plans today closing legal loopholes This was exposed by P&O Ferries’ decision to sack 800 workers without formal consultation, including requiring any company operating outside UK ports to pay the UK minimum wage.
3. The Big Four are under pressure to review Chinese developers International Auditors are resigning Delays in financial results from China’s heavily indebted property developers have added to sweeping uncertainty about the industry’s worst-ever crisis and raised concerns about hidden debt.
4. Public satisfaction with the NHS falls to a 25-year low Satisfaction with medical services has dropped to 36%, Lowest level since 1997will be tested by a controversial increase in National Insurance contributions, just weeks before the British public is willing to pay more for health services.
5. Nigel Farage lines up for €18.5m carbon windfall The former Brexit champion fits the bill Earnings up to 18.5 million euros Holding stock options in carbon offset companies despite a campaign against the government’s 2050 “net zero” target.
coronavirus digest
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over £2 billion UK taxpayer money Yes still at risk From hastily signed contracts for protective equipment, according to the independent spending watchdog.
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Shanghai’s outbreak has disrupt life In financial centers, delivery services struggled and food prices soared while bankers slept in their offices.
register here For Disrupted Times (formerly Road to Recovery), a key FT newsletter on business and economic changes between Covid-19 and conflict.
the day ahead
Economic Indicators Bank of England Deputy Governor Ben Broadbent by speaking at the NIESR think tank. The Office for National Statistics reports the impact of an increase in the cost of living in the UK.
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Rest of Europe: The European Union is to release data on economic and business sentiment indicators for March, while Germany is to release its monthly consumer price index for March and Italy’s producer price index for February.
corporate income AerCap, the world’s largest Irish aircraft leasing company, to publish a report Annual results; The sector has been severely affected by the conflict in Ukraine.Biotechnology Report Fourth quarter earnings.
What are we still reading and listening to
A New World of Currency Chaos The global currency that people rely on in cross-border transactions and investment decisions is a public good. But the providers of public goods are governments, some of which lack true rule of law, Martin Wolf writes.
El Salvador Court Encrypts ‘Whales’ Investors’ appetite for large digital currency holdings may be critical to raising capital El Salvador’s $1 Billion Bitcoin-Backed Bond As the government seeks to tap into the deep capital of cryptocurrency enthusiasts after being shunned by large international players.
Now is not the time to touch banking NatWest’s return to private sector control has been rightly declared by the Treasury as a “moment” – and heralds a bright future for UK banking. But this is no reason for complacency, Write to our editorial board.
Help save the planet Opportunities for climate-related careers are expanding rapidly.Number of ‘Renewable Energy and Environment’ jobs in the US more than three times Globally, job postings requiring “green skills” have grown by 8% annually over the past five years, according to LinkedIn.
Is it time to invest in a makeover? money clinic host Tips from Claer Barrett Join two listeners and experts from Investors Chronicle and broker AJ Bell on how investors can protect themselves from rising inflation and different approaches to tackling asset allocation and building a diversified portfolio.
Fashion
Aside from Will Smith and Chris Rock’s on-stage spat, attendees of the 94th Academy Awards challenged expectations with a compelling costume drama.Eliza Brook onlookers Fashion Highlights An unforgettable evening from Hollywood.
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