Food industry calls for competition laws to be lifted for no-deal Brexit August 7, 2019 The UK’s food industry has called on Boris Johnson to ditch parts of competition law, allowing firms to work together in the event of a no-deal Brexit. The Food and Drink Federation (FDF) has warned that leaving on 31 October without a transition in place could cause widespread supply issues, leaving British consumers either going [...]
Foreign secretary Dominic Raab pledges to take UK’s relationship with Canada ‘to next level’ after Brexit August 6, 2019 The UK’s foreign secretary has said he wants to “take our friendship with Canada to the next level” after Brexit, during his first international trip as part of the new government. Dominic Raab, who served briefly as Brexit secretary under Theresa May, used the meeting with his counterpart Chrystia Freeland to stress that the UK [...]
MPs launch legal action to prevent no-deal Brexit parliament shutdown August 6, 2019 A group of MPs has launched legal action designed to stop the Prime Minister from forcing through a no-deal Brexit by shutting down parliament. Liberal Democrat leader Jo Swinson, SNP MP Joanna Cherry and former Labour MP Heidi Allen are among the 75 politicians from both houses putting their name to legal papers lodged at [...]
Michael Gove rubbishes Irish PM Leo Varadkar’s claims over Brexit talks August 6, 2019 The UK government has accused the EU of refusing to budge on Brexit negotiations, despite Ireland’s leader claiming there was “always room for talks”. Taoiseach Leo Varadkar told the BBC he was confident a no-deal Brexit could still be avoided, despite Prime Minister Boris Johnson stressing the UK will leave the European Union “do or [...]
Downing Street: EU must ‘change stance’ to avoid no-deal Brexit August 6, 2019 The government has urged the EU to “change its stance” on negotiations after the bloc reportedly accused the UK of pursuing a no-deal Brexit. Downing Street rubbished the claim after the bloc said there was no new basis for “meaningful discussions” over a deal. Read more: Why free ports could turn Brexit to our economic [...]
Free ports could turn Brexit to our economic advantage August 6, 2019 One of the most exciting shifts in policy under the new government has been its whole-hearted embrace of free ports. But many people are still puzzled by what they are. In a nutshell, free ports are areas which are within the UK, but outside its customs borders. So you can bring your goods into the [...]
Government sticks to Halloween Brexit date as IDS slams ‘conniving’ Remainers August 5, 2019 A Halloween Brexit will take place “whatever the circumstances”, Downing Street has insisted, as rebel MPs up the rhetoric about blocking the process through a vote of no confidence. “The UK will be leaving the EU on 31 October, whatever the circumstances. There are no ifs or buts,” the Prime Minister’s official spokesman told journalists [...]
Mark Carney warns no-deal Brexit shock would be ‘instantaneous’ August 2, 2019 Bank of England governor Mark Carney has hit back at accusations that he is stirring fear about Brexit, warning that the UK would be hit by an “instantaneous” economic shockwave if it cannot strike a deal with the EU. Carney said this morning it is “not helpful” to deny the challenges that a no-deal scenario [...]
Brexit warnings reach fever pitch as BMW and Ford sound the alarm August 1, 2019 BMW and Ford have become the latest manufacturing giants to warn Prime Minister Boris Johnson about the perils of a no-deal Brexit. Speaking to journalists this morning, BMW boss Harald Kruger said a no-deal would be a “lose-lose” scenario for Britain and the EU. He offered to personally deliver his portent to the new PM. [...]
Sterling plunges below $1.22 as no-deal Brexit fears batter currency July 30, 2019 Sterling fell further overnight to its lowest level since March 2017 as worries over a no-deal Brexit under Boris Johnson’s government deepened. The pound plunged below $1.22 to hit $1.2146 this morning, a drop of almost 0.6 per cent against the dollar as analysts warned GBP is coming close to “uncharted waters”. Read more: Sterling [...]