Brexit has damaged UK’s competitiveness, reduced productivity and lowered Brits’ real wages, LSE says June 22, 2022 A new bombshell study said this morning that Brexit has damaged Britain’s competitiveness, reducing productivity and lowering workers’ real wages in the years ahead. The report said Britain has experienced a decline of 8 per cent in trade openness – trade as a share of economic output – since 2019, losing market share across three [...]
Trade Secretary touches down in Saud-Arabia to kick off talks on £33bn trade deal with six Gulf states June 22, 2022 The UK economy could receive a boost of up to £1.6bn a year via a trade deal with six Gulf stations. Talks on such an agreement kick off today with a meeting in Saudi Arabia. Trade Secretary Anne-Marie Trevelyan will meet representatives of the Gulf Co-operation Council (GCC) in Riyadh to begin negotiations on a [...]
Brexiteer Jacob Rees-Mogg accused of ‘playing silly games’ with security staff by refusing to wear parliamentary pass June 20, 2022 Brexit opportunities minister Jacob Rees-Mogg has been accused of “playing silly games” with parliamentary security, by not wearing his pass to enter the Westminster estate. The eccentric Tory politician who is also responsible for government efficiency was criticised this week by the PCS union, over claims he refused to wear the pass on him at [...]
Let’s hope the second Brexit battle is less exhausting than the first June 18, 2022 The sequel is rarely as good as the original. Jaws 2, for instance, was beset by problems from the off. Steven Spielberg said he had already directed “the definitive shark movie” and refused to take part – a replacement director, John Hancock, was then booted out, not before complaining that the mechanical shark provided by [...]
Brexit offers opportunity to unlock City’s potential, MPs say June 16, 2022 Brexit offers an opportunity for lawmakers to throw off the shackles of legacy EU regulation that has held back the City, according to a report by a group of cross-party MPs published today. The UK can tweak the regulatory regime inherited from Brussels or design an entirely new system to boost the Square Mile’s banks, [...]
Brexit row explodes as EU announces fresh legal action against UK and revives shelved measures June 15, 2022 The European Union just announced fresh legal action against the UK as part of a series of measures in response to the Government’s move to unilaterally scrap parts of the Northern Ireland Protocol. The European Commission is also resuming legal proceedings against the UK that were shelved last year to facilitate negotiations on post-Brexit trade. [...]
Brexit: UKIP donor Arron Banks loses libel lawsuit against Carole Cadwalladr after High Court backs journalist’s public interest defence June 13, 2022 Brexit campaigner Arron Banks has lost his libel lawsuit against Guardian journalist Carole Cadwalladr, in a decision welcomed by the investigative reporter as a “victory for public interest journalism”. The ruling comes after Banks sued Cadwalladr over claims made on two separate occasions – during a TED talk in 2019 and on Twitter in the [...]
Brexit: UK ports introduce customs clearance fees in ‘bulls**t money-making exercise’ to recoup lost revenues May 28, 2022 Ports across the UK have introduced so-called ‘customs clearance fees’ in an attempt to recoup lost revenues in border control posts as a result of delays to phytosanitary procedures. Ports in London, Tilbury, Southampton and Teesport are charging customers new, additional fees that range from £17 to £25 per entry. Moreover, Southampton and DP World [...]
Brussels outlines plans to bolster EU powers to seize oligarchs’ assets May 26, 2022 The European Commission is set to bolster the powers it has to seize oligarchs’ assets, after the bloc faced troubles in actually confiscating property due to the safeguards embedded in EU countries’ laws. The EU’s executive body set out plans to boost the powers it has to take control of criminals’ assets, with a view [...]
Ex-Brexit chief David Davis boasts he forced previous PM out: “I knew my resignation would be the end for May” May 26, 2022 Former Brexit secretary David David claimed when he resigned from the cabinet in July 2018, “I knew that it would be the end” for Theresa May as PM. The veteran politician and Brexiteer hit out at the former leader, while also taking a swipe at the current resident of Number 10, reiterating his call for [...]