‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Irritated EU watches in disbelief as UK’s Brexit language hardens with Truss calling Brussels ideas ‘backwards’ May 11, 2022 Foreign Secretary Lizz Truss said some proposals put forward by the European Union during months of discussions on the post-Brexit treaty would “take us backwards” as she argued against introducing “more checks, paperwork and disruption”. Truss warned the UK “will not shy away” from taking action on the Northern Ireland Protocol after the Prime Minister [...]
UK has ‘given up’ on Brexit talks and plans to kill off Northern Ireland Protocol next week as trade war with EU looms May 11, 2022 The government will reportedly move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. The Times newspaper reported officials working for Foreign Secretary Liz Truss have drawn up draft legislation to unilaterally remove the need for checks on all goods being sent from Britain for use [...]
Ireland issues firm warning to UK to ‘be wise’ as anxious EU fears Britain plans to blow up Brexit protocol next week May 10, 2022 The Irish deputy premier has warned the UK Government against taking unilateral action on the Northern Ireland Protocol. “We can’t have any unilateral action from the UK. This is an international agreement, they have to honour their obligations. I was in the Wirral with Boris Johnson. I know what he agreed to,” Tanaiste Leo Varadkar [...]
US-UK trade deal ‘never going to happen’, warns former Bank of England bigwig as he says high inflation is down to Brexit May 10, 2022 Most of the UK’s inflation is a direct result of Brexit, according to a former heavyweight at the Bank of England. Former BoE policymaker Adam Posen, said that around 80 per cent of the reason why the IMF expects UK’s inflation to remain high is directly linked to Britain’s departure from the EU. The economist, [...]
EU membership vs lost trade: Forget extra NHS cash, Brexit costs Britain £173m every week, or £1m per hour May 9, 2022 Remember the Brexit bus promise: ‘We send the EU £350 million a week. Let’s fund our NHS instead. Vote leave’? The truth increasingly seems that quitting the European Union means there is £173m a week less to spend on the NHS, according to calculations based on recent ONS and UK Government data. Weighing up the [...]
Sadiq Khan: London must make ’the most of Brexit’ and attract US talent and investment May 9, 2022 SADIQ Khan said London “needed to make the most of Brexit” as he met with big business leaders in the US yesterday. The Mayor of London is in New York as part of the first leg of his trip to the US in a bid to drive tourism to the capital. He said yesterday his [...]
Rishi Sunak hires City titan Hogan Lovells to grapple with post-Brexit legal complexity May 8, 2022 The Chancellor has outsourced key areas of the Treasury's post-Brexit legal work as the in-house legal department struggle to deal with the complexity.
UK ports call on government to compensate them for delaying post-Brexit checks by 18 months May 5, 2022 UK ports have called on the government to compensate them for delaying post-Brexit checks by more than a year and a half. According to the ports, the government delays on checks on European animals and plants announced last week mean that the high-tech facilities built for the inspections will remain empty until the end of [...]
Brexit papers: More applications for Irish than UK passports in Northern Ireland for first time, 419 every single day May 4, 2022 The number of people in Northern Ireland applying for an Irish passport topped 24,643 during the first two months of this year, more than 419 per day, according to new figures. In fact, the demand for Irish papers in Northern Ireland is so high that, for the first time ever, people in Northern Ireland applied [...]
Brexit from the moon: Dover lorry queue can now be seen on Google Earth April 30, 2022 As hundreds of lorries continue to queue before they can board a ferry in Dover, it has emerged that the unprecedented queue can now be seen on Google Earth. Earlier this month, a 25-mile coastbound stretch of the M20 was closed to store thousands of lorries heading for the Port of Dover or Eurotunnel as [...]