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Brexit

  • EU prepared to soften state aid demand to reach Brexit deal

    August 3, 2020

    The European Union is reportedly willing to soften its demand that Britain follow EU state aid rules after it leaves the bloc, in order to break the Brexit impasse. Diplomatic sources told Reuters that Brussels may seek a compromise involving a dispute-settling mechanism on state aid in order to resolve the Brexit deadlock. They said [...]

  • The City View: ‘Charlemagne’ on the EU

    July 21, 2020

    Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester talks to Duncan Robinson, Charlemagne columnist for The Economist. Based in Brussels, Duncan gives us an insight into the changing relationships within the EU now that the UK has left, the role of member states in a post-pandemic world, and the future of continental euroscepticism.  Andy [...]

  • Re-focusing on Brexit as we look to the future

    July 15, 2020  |  City Talk

    The UK Government has confirmed that it will not request an extension to the Brexit transition period which ends on 31st December 2020 and negotiations towards a Free Trade Agreement with the European Union (EU) are ongoing. Although the first half of this year has brought other priorities it’s now time to return our attention [...]

  • UK retailers warn shoppers face price hikes if no EU trade deal agreed

    July 10, 2020

    Britain’s retail industry has warned that consumers could face higher prices next year if the UK is unable to reach a tariff-free EU trade deal. The British Retail Consortium said the industry could not absorb the additional costs of tariffs, meaning the hike in prices would be passed on to consumers whose finances have already [...]

  • ‘Serious concerns’ raised over government’s export credit agency

    July 6, 2020

    The government’s export credit agency could be “cutting corners” as it races to finance the post-coronavirus and post-Brexit trade drive, raising “serious concerns” about the UK’s future trading relations, according to a new report.  A report released today by anti-corruption campaign group Spotlight on Corruption found that UK Export Finance (UKEF), the UK’s export credit [...]

  • Banks push Britain and EU to sort out financial market access

    July 6, 2020

    Britain and the European Union must make progress on post-Brexit financial market access as the coronavirus pandemic will make it even harder to cope with potential disruptions if no deal is reached, a banking lobby group said today.  Continued uncertainty over the pair’s future relationship combined with the economic downturn caused by Covid-19 could “aggravate [...]

  • Johnson says he’s more optimistic than Barnier on post-Brexit trade deal

    July 3, 2020

    Prime Minister Boris Johnson said he is more optimistic than European officials about the prospect of Britain securing a post-Brexit trade agreement, but said the UK could still leave the bloc without a deal if needed.  Johnson said he was a bit more optimistic than chief EU negotiator Michel Barnier, who said this week that [...]

  • The City View: Matthew Elliott on why the mood music points to a Brexit deal

    July 2, 2020

    In this episode Christian is joined by Matthew Elliott, a veteran political campaigner, having been CEO of two successful referendum campaigns – NOtoAV in 2011 and Vote Leave in 2016. He also founded the TaxPayers’ Alliance, Big Brother Watch, Business for Britain and Brexit Central. He has been described by the New Statesman as “one of the [...]

  • UK to negotiate financial services trade deal with Switzerland

    July 1, 2020

    The UK and Switzerland have pledged to negotiate a financial services trade agreement to enable cross-border market access after the Brexit transition period ends.  Chancellor Rishi Sunak and his Swiss counterpart Ueli Maurer last night said they wanted to reach an agreement that would enable cross-border market access for wholesale financial services relating to insurance, [...]

  • Barnier confirms UK has missed Brexit equivalence assessment deadline

    June 30, 2020

    EU chief negotiator Michel Barnier has confirmed claims that the UK has not completed necessary equivalence assessments by today’s deadline, marking a blow to the UK’s efforts to determine the City’s access to EU markets after Brexit.  Valdis Dombrovskis, a European Commission executive vice-president, yesterday said the UK had so far answered only four of [...]

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