Brexit: Furious French threaten to retaliate as only 12 fishing licenses for UK waters are granted September 29, 2021 It appears that only 12 fishing licences for small boats to operate in UK waters have been granted, out of 47 applications. The French government is furious, accusing the UK of taking French fishing “hostage” and Macron’s administration warned of “retaliatory action” following the decision. The prospect of a new cross-channel fishing war came after [...]
Northern Ireland’s four unionist parties reject post-Brexit protocol September 28, 2021 Northern Ireland’s four main unionist parties this morning signed a joint declaration in opposition to the post-Brexit Northern Ireland Protocol. The declaration is signed by DUP leader Sir Jeffrey Donaldson, UUP leader Doug Beattie, TUV leader Jim Allister and PUP leader Billy Hutchinson. The stance from the four parties is significant as the protocol needs [...]
Brexit: Labour abandons free movement as shadow chancellor says ‘we moved on’ September 27, 2021 Shadow chancellor Rachel Reeves said this morning free movement is no longer a Labour party policy. The senior Labour figure told the Today Program: “We moved on, we voted for that deal last year… it was better than no deal. We’re not going to bring back free movement under a Labour Government.” In separate comments, [...]
Stop blaming Brexit for driver shortage since departure from EU has helped, says Grant Shapps September 24, 2021 Rather than being the cause of the current lorry driver shortage, Brexit has helped provide solutions to the shortages in the haulage sector, according to the Transport Secretary. Grant Shapps said those who argued Brexit was one of the factors behind the current supply shortage were “wrong”, particularly given other European nations are experiencing the [...]
Brexit cancels bonfire night: Import rules reduce UK firework supply by 70 per cent September 22, 2021 The UK is receiving just 30 per cent of the fireworks stock that suppliers usually have for the year, City A.M. has been told today. In fact, there won’t be enough fireworks for the usual Bonfire Night celebrations, and as the date approaches, low supply will increase prices for consumers, according to Doncaster-based supplier Fireworks [...]
Brexit ‘gloom-mongers’ have been proved wrong as UK is prospering, says Lord Frost September 16, 2021 The UK is “prospering vastly” following the split from Brussels, the Brexit minister said as he stressed the Government’s aim to create “a high wage, high productivity economy”, rather than one “reliant on cheap labour”. Brexit “gloom-mongers” have therefore been proved wrong following the UK’s departure from the European Union, Lord Frost told Parliament. The [...]
FCA probes three traders for market abuse around time of Brexit vote September 16, 2021 The Financial Conduct Authority has issued formal warnings to three traders from an unnamed bank who carried out market abuse around the time of the 2016 Brexit vote. The FCA accused the individuals of ‘spoofing,’ a practice where traders place orders on financial assets they do not intend to complete in order to manipulate markets. [...]
Liz Truss: UK faces choice between embracing Brexit opportunities or ‘staying in our comfort zone’ September 14, 2021 Spending nearly 50 years in the European Union has made some businesses and government employees “defensive” about trade, the International Trade Secretary said this afternoon. In a speech earlier today, Liz Truss set out how the UK’s post-Brexit trade strategy will be increasingly about attempting to secure business with eastern growth markets in India and [...]
Exclusive: UK customs duties shoot up by 42 per cent to record £2.2bn since Brexit September 14, 2021 UK businesses and consumers have paid 42 per cent more in customs duties on goods since Brexit came into force on 1 January of this year, according to new data shared with City A.M. this afternoon. The jump to £2.2billion in customs duties – paid in the year from 1 January to July 31 of [...]
Brexit is an ‘unnecessary and unforgivable act’ that will cause long-term damage, says Nicola Sturgeon September 13, 2021 Nicola Sturgeon described Brexit as an “unnecessary and unforgivable act” that is damaging Scottish businesses and causing food shortages. Scotland’s First Minister said this afternoon: “That is what this Tory Government has done – and there may yet be worse to come. “The combination of the pandemic and a deeply hostile immigration policy is also [...]