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 [...]
No-deal Brexit can’t be ruled out but not in UK’s interest, says French minister June 19, 2020 A senior French official said that she could not rule out the UK’s post-Brexit trade talks with the EU ending without a deal, but said it would be in Britain’s interest to reach an agreement. “I am not ruling out anything,” junior european affairs minister Amelie de Montchalin said, when asked if she could rule [...]
Boris Johnson tells Emmanuel Macron that Brexit talks cannot stretch into autumn June 18, 2020 Boris Johnson has told French president Emmanuel Macron that it makes no sense to extend post-Brexit trade talks into the autumn. The two leaders met today in Downing Street to mark the 80th anniversary of French president Charles de Gaulle’s wartime BBC broadcast to Nazi-occupied France. After the commemoration, which included a flypast by the [...]
The City View: Jack Inglis on the evolution of the hedge fund June 16, 2020 In this episode Christian is joined by Jack Inglis, CEO of the Alternative Investment Management Association which represents funds from 60 countries with more than $2 trillion under management between them. Jack talks about how hedge funds have responded to the market volatility and economic disruption of recent months, and offers a robust defence of [...]
City welcomes move to ease post-Brexit border controls June 12, 2020 Business groups have reacted favourably to the government’s decision to u-turn on imposing full border checks on all EU goods entering the UK after the Brexit transition period ends. Border controls will now be introduced over three stages up until July 2021, with Cabinet Office minister Michael Gove has accepting that businesses should not have [...]
Britain ‘formally confirms’ it will not extend Brexit transition period June 12, 2020 Britain has “formally confirmed” to the EU that it will not extend the Brexit transition period beyond the end of this year. Making the announcement this morning, Cabinet Office minister Michael Gove said “the moment for extension has now passed,” following a video meeting of the EU Joint Committee. The announcement follows a call for [...]
Brexit trade talks: UK ‘U-turns’ on full border checks for EU goods June 12, 2020 The UK government has reportedly U-turned on its plan to implement full border checks with the EU from 1 January 2021 after Brexit. Ministers are under increasing pressure from businesses not to deliver a no-deal Brexit as the UK’s recovery from coronavirus looks likely to be a slow one. So far Boris Johnson’s government has [...]