Bloomberg The UK remains Europe’s most attractive destination for financial services investment but its lead has narrowed, according to a survey by the consultants EY. The UK attracted 56 financial services projects in 2020, still the highest in Europe yet down 43 projects from 2019, marking the largest year-on-year decline in a decade. Foreign direct investment (FDI) in financial services ...

Bloomberg The European Union (EU) is working towards having the US lift its national-security tariffs on metal imports by the end of the year, EU Ambassador to Washington Stavros Lambrinidis said. “We’re going to be sitting down in the next five months until the end of the year — we’re going to try to address the fundamental issue of overcapacity ...

Bloomberg Italy introduced a five-day quarantine and mandatory testing for travellers from the UK, a restriction that will weaken an economic rebound reliant on summer tourism. The UK is one of the biggest sources of travellers to Italy during normal times, though its role has been diminished as a rise in coronavirus cases slowed its travel reopening. Britons will now ...