UK launches post-Brexit trade scheme for 65 developing countries extending tariff cuts August 16, 2022 The UK has launched its post-Brexit scheme to support trade with developing countries, extending tariff cuts to hundreds of products. The Developing Countries Trading Scheme (DCTS) was announced today by International Trade Secretary Anne-Marie Trevelyan, in a bid to go further than the EU’s Generalised Scheme of Preferences. The initiative covers 65 countries Africa, Asia, [...]
Brits in EU slide into Brexit banking limbo as some UK banks shut their accounts August 15, 2022 Thousands of Brits residing in the EU have been informed by UK banks that their EU-based bank accounts will soon be shut. A range of British banks, including Barclays, have told UK citizens living in the EU that they will no longer be able to have and use their account in member states, primarily in [...]
Sunak or Truss should have ‘backbone’ to strike free movement deal with EU, says Ryanair chief August 11, 2022 The next prime minister should have the “backbone” to secure a deal with the European Union to open up the free movement of labour, Ryanair’s chief executive Michael O’Leary said this morning. He told BBC Radio 4’s Today programme: “I think the first thing they should do to boost the British economy is prioritise a [...]
Rare admission: Jacob Rees-Mogg says he was wrong to claim there would be no Brexit delays in Dover August 2, 2022 It was wrong to state there would be no delays at Dover caused by Brexit, Jacob Rees-Mogg said this morning. The Brexit opportunities minister was adamant in the past that any backups when crossing the Channel would be witnessed in Calais But after holidaymakers faced chaos on gridlocked roads on the British side of the [...]
US ambassador enters Brexit snakepit: ‘Everybody has to give a little for the sake of Northern Ireland’ July 28, 2022 Jane Hartley, the US ambassador to the UK, has joined the Brexit debate by calling for further negotiations to find a way to make the Northern Ireland Protocol work. Jane Hartley said indecision is “never a positive” when it comes to economic investment, as she spoke of the importance of finding a resolution to the [...]
UK in talks with Israel for post-Brexit trade deal as £34bn contract up for grabs July 20, 2022 Black cabs, whiskey and lucrative contracts for Tel Aviv’s Metro are all on the table, as Britain and Israel enter talks for a post-Brexit trade deal to the tune of £78m per year. Negotiations have been held between International Trade Secretary Anne-Marie Trevelyan and the Israeli envoy, Tzipi Hotovely, today. Trevelyan is looking to expand [...]
UK risks losing American investment unless post-Brexit trade disruption is fixed July 18, 2022 The UK risks forgoing a wave of US investment unless it irons out its post-Brexit trading relationship with the European Union (EU), a new report published today warned. The UK-US economic corridor remains strong, but would be strengthened by London cooling tensions with Brussels, according to a report by consultancy Bain and Company and BritishAmerican [...]
Brexit opportunities minister Jacob Rees-Mogg: I would refuse to serve in ‘socialist’ Rishi Sunak’s cabinet July 13, 2022 Boris Johnson ally Jacob Rees-Mogg has branded Rishi Sunak a ‘socialist’ and refused to serve in his cabinet should he become PM. The Brexit-backing Conservative MP hit out at the former chancellor’s “disloyalty” to the Prime Minister after he resigned last Tuesday. This comes after Rees-Mogg appeared to brand Sunak a socialist for high taxes [...]
Govt slammed as ‘flat-footed’ as MPs warn famous British goods to suffer under post-Brexit UK-Australia trade deal July 6, 2022 A Commons committee has warned that some famous British goods could lose out under the UK trade deal with Australia. The International Trade Committee Chair criticised “flat-footed” Government negotiating tactics, as cross-party MPs flagged concerns that household-name British products are set to lose out under the first full trade deal to be signed since Brexit. [...]
Jacob Rees-Mogg says UK’s economic woes ‘very little to do with Brexit’ July 5, 2022 Jacob Rees-Mogg has insisted the UK’s economic woes are “very little to do with Brexit” with other European countries experience worse problems. The Brexit opportunities minister made his remarks this morning on LBC, when asked by host Andrew Marr whether the “effect of Brexit has been to raise barriers” on trade and movement. Rees-Mogg, who [...]