Brexit hit to UK trade not as bad as first thought December 18, 2024 The negative impact Brexit had on UK trade may have been softened by big firms adapting to EU barriers, fresh research from a top London university has shown. A report from the Centre for Economic Performance, linked to the London School of Economics, found that “in the short run, aggregate trade proved moderately resilient” to [...]
UK becomes first European nation to join CPTPP trade bloc December 14, 2024 Britain will become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday.
Reeves promises ‘deeper, more mature’ economic relationship with EU December 9, 2024 Rachel Reeves has pledged to build a “deeper, more mature relationship” with European trading partners in the first speech by a UK chancellor to eurozone finance ministers since 2020. Speaking to the Eurogroup in Brussels on Monday, Reeves also brushed off the suggestion that Britain must choose between closer ties with the US and EU [...]
Boost ‘growth prospects’ with reset, Reeves to tell EU finance meeting December 8, 2024 Rachel Reeves will argue that a more business-like relationship with the EU can help Britain boost its “growth prospects”, at a meeting with the bloc’s finance ministers. Reeves will on Monday address the European Union’s financial heads in Brussels, becoming the first Chancellor to do so since Brexit, ahead of her next overseas visit to [...]
How should the UK respond to Donald Trump’s tariffs? December 4, 2024 Trump's taste for tariffs is well known, proudly proclaiming in the election campaign it was the most beautiful word in the dictionary.
Ministers seek EU negotiator to lead reset talks November 23, 2024 Ministers are hiring a new EU negotiator as Keir Starmer seeks to reset Britain’s relationship with Europe. The post, worth at least £150,000 a year and advertised by the Cabinet Office, would act as a “sherpa” for all of the UK’s dealings with the bloc. The role is described as “principal adviser to the prime [...]
Google wins £1.3bn case against EU ruling over ad product September 18, 2024 Google has overturned a nearly €1.5bn (£1.3bn) EU fine related to its AdSense advertising platform in a win for the tech giant following two major fines. The General Court has found “errors” in the European Commission’s 2019 assessment of Google’s advertising contracts with publishers. Europe’s second highest court, based in Luxembourg, has annulled the fine [...]
The EU will strangle innovation in AI September 18, 2024 EU regulatory overreach has gone from from a Brexiteer conspiracy theory and source of ridicule to something that EU leaders themselves acknowledge and are trying to address. But when it comes to AI, they’re already behind, says James Price If you’ve bought a plastic drinks bottle in recent months, you may have noticed a maddening [...]
‘New footing’: Eurogroup president pledges closer ties with City of London as Brexit tensions ease September 4, 2024 The president of the EU’s council of financial ministers pledged closer ties with the City of London yesterday as he hailed a “new footing” in the relationship between Keir Starmer’s government and the bloc.
Booking.com boss bemoans ‘lack of common sense’ in Brussels September 1, 2024 Booking.com has been designated a "gatekeeper" by the European Commission, a label for companies that have potentially damagingly high market share.