Scotland’s fishermen halt EU exports amidst post-Brexit ‘catastrophe’ January 8, 2021 Scottish fishermen have reportedly frozen exports to the EU due to a sudden rise in export costs and skewed delivery times after post-Brexit delays at ports. Fishing export businesses are faced with the introduction of health certificates, customs declarations and other paperwork increase export costs and timings. “Our customers are pulling out,” Santiago Buesa of [...]
The Imitation Game: Turing Scheme could be even better than Erasmus January 8, 2021 The UK’s final and definitive secession from the European Union has caused the gnashing of Remainer teeth for a hundred reasons, but one of the most prominent in the past week or so has been the end of British participation in the Erasmus+ student exchange programme. This pan-EU project allows students from member states to [...]
Debenhams shuts Irish website as Brexit ‘rule of origin’ clause leaves businesses blindsided January 7, 2021 Debenhams has shut its online business in Ireland as it is unable to send orders to the Republic of Ireland due to new Brexit trade rules. The business, which is in administration, said the website was “temporarily closed” but gave no details on if and when it would be back online. The website apologised to [...]
Exclusive: ‘We must be brave and move away from the EU’s way of thinking’, says Tech Nation chair January 7, 2021 After what was a difficult year for tech firms, City A.M. sat down with Stephen Kelly, chairman of Tech Nation, the industry body that represents UK startups and runs Britain’s Tech Nation visa scheme for foreign entrepreneurs. Brexit has just taken place, how will this impact London’s startup space? Brexit is the UK’s opportunity to [...]
Brexit: BoE boss hits out at EU stance on equivalence for UK financial services January 6, 2021 Bank of England governor Andrew Bailey has slammed the EU for how it has handled decisions on the UK’s post-Brexit access to EU financial markets. Bailey told a Westminster committee today that Brussels’ demands to the UK Treasury on potential future regulatory decisions were “problematic”, before adding: “I fail to see why people would want [...]
City set for bare bones deal in crunch talks on financial services January 6, 2021 The UK is set for only a bare bones agreement in upcoming Brexit talks on the City of London’s future relationship with the EU, according to industry insiders close to the talks. Treasury minister John Glen is set to lead post-Brexit talks with the EU this week to strike a “memorandum of understanding” that will [...]
More than 80,000 UK-run websites suspended due to Brexit January 5, 2021 Over 80,000 UK-run websites have been plunged into a blackout following a culling of EU domain names after Brexit. EURid, which manages the European Union domain name, has suspended the .eu websites under new rules that came into force on 1 January. The stringent new regime means that all existing UK-registered .eu domains have been [...]
Tested by Covid and Brexit, how have the UK’s borders coped over the New Year? January 4, 2021 After a final frantic negotiating push, the UK and EU agreed a free trade deal in the run-up to Christmas, much to the relief of all concerned. However, despite the deal being done, many were convinced that the New Year would see chaos across the UK’s ports and airports as travellers, businessmen and hauliers all [...]
With little ado, a divided United Kingdom casts off into the Brexit unknown January 3, 2021 By Guy Faulconbridge and Kate Holton LONDON (Reuters) – The United Kingdom began the New Year outside the European Union’s orbit on Friday after ending a tempestuous 48-year liaison with the European project, its most significant geopolitical shift since the loss of empire. Brexit took effect in substance on Thursday at the strike of midnight [...]
Brexit: UK to start talks on quick EU financial services agreement January 3, 2021 The UK government will next week begin urgent talks to try and reach an agreement by March on the future of the UK’s access to EU financial markets. City minister John Glen and senior Treasury civil servant Katharine Braddick will lead the talks for the UK. Boris Johnson’s Brexit trade deal does not include an EU-wide [...]