Navigating the UK’s economic recovery – a sector analysis September 4, 2020 We are living through extraordinary economic times. There is no hiding from the fact that this is a deep recession, and one that provides ample risk for investors. Recent GDP figures paint a gloomy picture and suggest that it will take some time for the economy to fully heal from Covid-19. The good news is [...]
Who gets to shape what comes next? After Covid, power in the UK must be decentralised August 28, 2020 We are all coming to terms with the impact of Covid-19 on our prosperity and life chances. We are relearning how we live, how society functions, and what and who we value most. We are learning how Covid has impacted our communities, and with that has come a realisation of injustices that exist in our [...]
A no-deal Brexit could cause the UK’s digital sector to shrink August 28, 2020 The EU’s trade negotiator Michel Barnier recently said that a post-Brexit deal seemed unlikely. This supports our view at Securys that the Brexit transition period will close without an adequacy agreement, bringing an end to the unrestricted flow of data between the UK and the European Economic Area (EEA). Buried in a weekend article came [...]
From the modern Babylon to the city of canals: Eurostar goes to Amsterdam August 26, 2020 From October this year, passengers will be able to take the Eurostar from St Pancras right into the heart of Amsterdam, the great Gothic Revival Station Centraal on Stationsplein. It’s an eye-catching headline, and one which conjures up images of connectivity, of grand continental train journeys, comfort, ease and relaxation. It’s true that the London-Amsterdam [...]
Trade secretary Liz Truss under fire for personal think tank meetings August 20, 2020 Trade secretary Liz Truss is facing criticism after a series of meetings with a pro-hard Brexit think tank were removed from the public record and reclassified as personal discussions. Two meetings between Truss and the Institute of Economic Affairs (IEA) were originally logged in quarterly transparency data on the government’s website and described as discussions [...]
Downing Street confident of striking UK-EU trade deal next month August 17, 2020 The UK is still on course to deliver an EU trade deal next month, according to Downing Street. Negotiations are set to enter their seventh round on Tuesday when UK negotiators travel to Brussels. The Prime Minister’s spokesman has said they would “continue to plug the gaps”. A number of issues remain unresolved, including those [...]
UK says US whisky tariff ‘in nobody’s interest’ in trade deal talks August 13, 2020 The UK has said it will step up demands for the US to drop tariffs on goods such as single malt Scotch whisky after the industry warned a decision by Washington to retain the levy was putting its future at risk. The US government yesterday vowed to maintain 15 per cent tariffs on Airbus aircraft [...]
Lords urge government to protect UK creative industries in post-Brexit trade deal August 5, 2020 A House of Lords committee has written to the culture secretary demanding clarification on how a post-Brexit trade deal will affect the UK’s “overlooked” creative industries, as Britain edges towards the Brexit transition period deadline. In a letter to Oliver Dowden, the House of Lords EU Services sub-committee urged the government to provide a comprehensive [...]
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 [...]