Number 10 extends Brexit talks until Wednesday October 26, 2020 Brexit negotiations between the UK and EU have been extended until Wednesday, Number 10 said today, as the two sides hold crunch talks in the hopes of hammering out a last-minute trade deal. EU chief negotiator Michel Barnier arrived in London on Thursday to restart discussions with UK envoy David Frost after talks stalled last [...]
Exclusive: Just 16 per cent of firms trust government on Brexit, according to poll October 24, 2020 Only 16 per cent of UK businesses trust the government to manage Brexit effectively, according to polling shared exclusively with City A.M. Just over 40 per cent of firms said the coronavirus pandemic had derailed their Brexit planning, the polling commissioned by logistics firm One World Express showed. The UK and EU gave themselves less [...]
MPs ‘seriously concerned’ that British businesses are not ready for Brexit October 23, 2020 The Treasury Committee has written to chancellor Rishi Sunak to express “serious concerns” that an eleventh-hour trade deal with the EU would not give businesses enough time to prepare for Brexit. The select committee said it was left with a “significant number of outstanding questions and issues”, following an evidence session around the UK’s preparedness [...]
UK signs £15bn free trade deal with Japan October 23, 2020 Britain has officially signed a trade deal with Japan, marking a major milestone in Brexit negotiations as the UK secured its first agreement as an independent trading nation. The British embassy in Tokyo today announced it has formed the UK–Japan Comprehensive Economic Partnership Agreement (CEPA), which was agreed in principle last month. The government said [...]
Deal or no deal, reports of London’s death are greatly exaggerated October 23, 2020 London has for many years enjoyed the reputation as the world’s leading financial centre. Only New York has ever come close to challenging the capital’s crown — and since 2015 London has generally topped all the rankings. In that time, though, every paean to London’s preeminence has carried the gloomy caveat: “until Brexit”. The received [...]
Whisky, stilton and pork pies to be protected in post-Brexit food regulations October 22, 2020 The government today set out new legislation to guarantee the authenticity and origin of traditional British foods such as stilton, pork pies and Scotch whisky at the end of the Brexit transition period. Negotiations between the UK and EU are still ongoing, with time running thin for a trade deal with the bloc before Britain [...]
UK strikes deal with Norway to continue trade in case of no-deal Brexit October 22, 2020 The UK has signed a temporary agreement with Norway to ensure trade of goods can continue between the two nations in the case of a no-deal Brexit after 31 December
Peers push back on Brexit bill in largely symbolic move October 20, 2020 The House of Lords has voted against Boris Johnson's Internal Market Bill, which seeks to breach the Brexit withdrawal treaty if the UK does not get a trade deal with the EU.
Brexit: EU not serious about restarting trade talks, says minister October 20, 2020 The EU’s offer to restart broken down Brexit trade talks amounted only to “lip service”, according to a UK business minister. Nadhim Zahawi said today that the UK still wanted a Brexit trade deal, despite Boris Johnson refusing to come back to the negotiating table, but that talks would not continue until Brussels treats Britain [...]
Pound jumps on signs a Brexit deal can still be done October 19, 2020 The pound surged as investors bet that Brexit talks would resume – despite the UK’s tough rhetoric – and eventually result in some kind of free-trade agreement. Sterling was up 0.7 per cent by mid-morning at $1.30. It had risen 0.5 per cent against the euro to stand at €1.107. Prime Minister Boris Johnson struck [...]