Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

UK expands visa route to young Hong Kongers

Published

on

Britain announces an expanded visa route that will allow teenage Hong Kongers born after the 1997 Handover to live, work and stay in the UK

Hong Kong teenagers born after 1997, with one parent who holds a British National (Overseas) Passport will be able to apply to live, work and stay in he UK.

The announcement was made by Home Secretary Priti Patel – who says the visa changes will come into effect in Autumn.

“The further changes I have announced, which will come into effect this autumn, will continue to deliver on our historic and moral commitment to the people of Hong Kong.”

PRITI PATEL, UK HOME SECRETARY

It’s an expansion to the already-existing arrangement that was announced in 2021 following the implementation of the Beijing-inspired National Security Law in the former British colony.

The UK las labelled the law as a clampdown on dissent and democracy in Hong Kong, and accused China of breaking the Sino-British joint agreement that guaranteed Hong Kong could keep its autonomy, freedoms and capitalist way of life for fifty years following its 1997 handover to China.

China in return said that it would no longer recognise BN(O) passports.

THE BRITISH NATIONAL (OVERSEAS) PASSPORT

Almost three million Hong Kongers were eligible for the new UK visa route from January 2021.

So far, fewer than 150,000 people have applied.

The latest announcement will allow almost 12,000 more Hong Kongers to be eligible for the scheme if they so choose.

HONG KONG WAS A BRITISH COLONY UNTIL IT WAS HANDED BACK TO CHINA IN 1997

The British National (Overseas) passport – or BN(O) was issued to Hong Kongers when Hong Kong was still a British colony.

It allows holders of the passport to visit the the UK for an extended period, but does not offer them citizenship rights.

Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now