Experts blame France pipping UK to EU investment crown for second straight year on Brexit May 11, 2023 Experts have today partially blamed post-Brexit uncertainty for helping France pip the UK to Europe’s investment hub crown for the second year in a row. The UK was home to 15.6 per cent, or 929, of all European foreign direct investment (FDI) projects last year, down from 16.9 per cent in 2021, according to consultancy [...]
Non-compete clauses slashed as ministers begin post-Brexit regulatory changes May 10, 2023 Non-compete clauses will be slashed to three months in a bid to boost competition between employers, ministers announced today, as a key EU ‘sunset’ clause is ditched. It comes as part of a move by the government to scrap its own plans for thousands of EU laws to automatically expire at the end of the [...]
UK must change post-Brexit visa rules to help firms with labour shortages, report says April 29, 2023 The UK government needs to change post-Brexit visa rules in order to help firms overcome worsening labour shortages, UK lawmakers have said in a new report. The complexity of visa regulations in the wake of Britain exiting the EU has proved a “significant barrier to mobility”, a report by the House of Lords European Affairs [...]
Post Brexit UK-US trade deal talks still on ice as Biden visits Northern Ireland April 12, 2023 Talks between the US and the UK on a post-Brexit free trade deal are not expected to resume until 2025, according to reports. Prime minister Rishi Sunak and US president Joe Biden are not said to have discussed the matter during a visit to Northern Ireland to mark the 25th anniversary of the Good Friday [...]
‘Had enough of experts?’ Record level of Brits now want them in charge April 6, 2023 Record levels of Britons now want experts to run the country, a global democracy survey has found. Almost two thirds of the British public – 61 per cent – in 2022, said having experts, not politicians, make decisions according to what they think best, was a good way of governing. The finding comes six years [...]
What post Brexit border checks for EU goods entering UK have been laid out by ministers? April 5, 2023 Plans for how post-Brexit border checks on goods coming into the UK from the EU will work have been set out by ministers. The Government has published a draft border operating model, designed to bring in the checks the UK is required to make under its Brexit trade agreement with the EU. Ministers have delayed [...]
‘Adverse effect of Brexit’? Braverman rejects link to Port of Dover chaos as weekend of long queues ends April 3, 2023 Queues at the entrance to the Port of Dover have cleared after a weekend of disruption, according to one of the ferry companies hit by delay – but the Home Secretary staunchly denied any links between queues and Brexit. Coach passengers were forced to spend hours waiting to enter the port, be processed and board [...]
No plans to delay EU laws ‘bonfire’ deadline, says government April 1, 2023 The government has said that there are no plans to delay the deadline of the so-called “bonfire” of EU laws following reports that Rishi Sunak’s pledge, scheduled to be completed by the end of the year, was proving difficult. The Times reported on Saturday that Downing Street is considering a six-month extension to the Government’s [...]
Four day week, recession fears, Brexit and banking: The top five business news stories on City A.M. March 31, 2023 This week started off with markets trying to settle themselves after the chaos in the banking sector, so attention turned to work itself and the idea of a four-day week made for one of the most read stories online. Along with that story here are the four others that were the top five read business [...]
What is the CPTPP trade bloc, why has Britain joined it, and is it really about ‘post Brexit freedoms’? The jury’s out March 31, 2023 Britain has formally joined a major Indo-Pacific trade bloc as prime minister Rishi Sunak said it allowed the UK to take advantage of “post-Brexit freedoms”. But does it really allow the UK to become a global player once again? The jury is out. The PM hailed the UK accession to the Comprehensive and Progressive Agreement [...]