The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJohnson Matthey Share News (JMAT)

Share Price Information for Johnson Matthey (JMAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,640.00
Bid: 1,636.00
Ask: 1,638.00
Change: -19.00 (-1.15%)
Spread: 2.00 (0.122%)
Open: 1,689.00
High: 1,689.00
Low: 1,628.00
Prev. Close: 1,659.00
JMAT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Red tape for firms is price of leaving "anti-science" EU, Gove says

Thu, 01st Oct 2020 10:53

LONDON, Oct 1 (Reuters) - Britain should celebrate its
looming break from the "anti-science and anti-innovation"
approach of the European Union even if it costs its industry
more in red tape, the government's Brexit supremo Michael Gove
said on Thursday.

Gove was asked in the House of Commons by an opposition
lawmaker why companies in the chemicals industry should have to
stump up an extra 1 billion pounds ($1.3 billion) in the midst
of an economic crisis to duplicate regulation that it already
has with the EU.

Gove, the minister handling Brexit divorce issues for
Britain and one of the leading advocates for the break with
Brussels, said extra red tape was the price of securing autonomy
and independence to become more competitive in the future.

"It's an inevitable consequence of leaving the European
Union Single Market and Customs Union and freeing ourselves from
the jurisdiction of the Court of Justice of the European Union
that we do have to have our own regulatory systems in place," he
said.

"One of the great prizes of leaving the European Union is
that when it comes to life sciences and other areas we will be
free from the often anti-science and anti-innovation approach
that the EU has had hitherto."

Britain's chemicals industry, which includes companies such
as Ineos, Johnson Matthey, Croda and Synthomer, is bound to the
EU by an especially dense web of laws and safety standards, and
an EU products registry called Reach.

The lawmaker asking the question, Labour's Hilary Benn, said
his parliamentary select committee had been told by
representatives of the industry that the cost of registering all
chemicals under a new UK Reach system would be around 1 billion
pounds.
($1 = 0.7791 pounds)
(Reporting by William James and Kate Holton; editing by Guy
Faulconbridge)

More News
17 Dec 2021 08:54

LONDON MARKET OPEN: Europe mixed as dust settles on central banks

LONDON MARKET OPEN: Europe mixed as dust settles on central banks

Read more
17 Dec 2021 08:11

LONDON BRIEFING: Johnson Matthey continues reshape with Health sale

LONDON BRIEFING: Johnson Matthey continues reshape with Health sale

Read more
17 Dec 2021 07:51

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

Read more
17 Dec 2021 07:03

Johnson Matthey sells health business for £325m

(Sharecast News) - UK chemicals group Johnson Matthey has sold its health business to Altaris Capital Partners for £325m, the company said on Friday.

Read more
2 Dec 2021 10:18

UPDATE 2-UK shares slide as inflation, Omicron risks grow

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Halfords rises on plans to buy Axle Group* Johnson Matthey, Darktrace down on departure from FTSE 100* Bailey warns economic impact from CO...

Read more
1 Dec 2021 18:05

TOP NEWS: Electrocomponents, Dechra oust Darktrace and Johnson Matthey

TOP NEWS: Electrocomponents, Dechra oust Darktrace and Johnson Matthey

Read more
1 Dec 2021 14:44

Electrocomponents set for FTSE 100 as a founding member is seen ousted

Electrocomponents set for FTSE 100 as a founding member is seen ousted

Read more
29 Nov 2021 10:31

Tata Chemicals in talks to buy Johnson Matthey's batteries business - report

(Sharecast News) - Johnson Matthey rallied on Monday following a report that India's Tata Chemicals is interesting in buying the company's batteries business.

Read more
29 Nov 2021 09:35

LONDON BROKER RATINGS: Morgan Stanley cuts Hargreaves Lansdown, Abrdn

LONDON BROKER RATINGS: Morgan Stanley cuts Hargreaves Lansdown, Abrdn

Read more
26 Nov 2021 10:02

LONDON BROKER RATINGS: RBC cuts SSE; UBS raises easyJet to buy

LONDON BROKER RATINGS: RBC cuts SSE; UBS raises easyJet to buy

Read more
25 Nov 2021 16:01

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
25 Nov 2021 10:12

LONDON BROKER RATINGS: Morgan Stanley lowers Spectris and Renishaw

LONDON BROKER RATINGS: Morgan Stanley lowers Spectris and Renishaw

Read more
24 Nov 2021 09:44

TOP NEWS: Johnson Matthey falls to loss on cost of battery metals exit

TOP NEWS: Johnson Matthey falls to loss on cost of battery metals exit

Read more
24 Nov 2021 08:19

LONDON BRIEFING: Johnson Matthey tries to make amends with cash return

LONDON BRIEFING: Johnson Matthey tries to make amends with cash return

Read more
24 Nov 2021 07:55

LONDON MARKET PRE-OPEN: Britvic, Mulberry return to pre-Covid volumes

LONDON MARKET PRE-OPEN: Britvic, Mulberry return to pre-Covid volumes

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.