One-in-five UK exporters turn away from EU post-Brexit, says IoD March 11, 2021 One-in-five UK exporters turn away from EU post-Brexit, says IoD
EU extends vaccine exports checks by three months amid Astrazeneca row March 11, 2021 The European Commission has extended export controls on Covid vaccines until the end of June, amid an ongoing row with the UK over “vaccine nationalism”. The export authorisation scheme was introduced in January amidst a separate dispute over low supplies of the Astrazeneca jab within the EU. The scheme, which was originally intended to run [...]
EU rejects charges of ‘vaccine nationalism’ despite export rows and slower rollout on continent March 9, 2021 EU Council President chides UK over outright ban on vaccine exports despite slow European rollout
Boris Johnson challenges EU after Italy blocks Astrazeneca vaccine shipment March 5, 2021 Boris Johnson has challenged the EU’s decision to approve the blockade of 250,000 doses of the Astrazeneca vaccine from being shipped to Australia. Italy yesterday announced it had blocked the shipment of vaccines made at its Anagni plant near Rome after the British-Swedish drug manufacturer failed to meet its EU contract commitments. The European Commission gave [...]
France could block vaccine shipments over shortages, health minister says March 5, 2021 France has suggested the country could block exports of Covid-19 vaccines, the French health minister said this morning, echoing Italy’s move which stopped 250,000 vaccines from reaching Australia yesterday. Health minister Olivier Veran said France “could” follow Italy’s steps when ask by French broadcaster BFM TV. The minister added that France received 800,000 doses of [...]
EU vaccine passports will be ‘ready by summer’, leaders agree at summit February 26, 2021 EU vaccine passports will be 'ready by summer', leaders agree at summit
EU considers crackdown on short-selling following GameStop saga February 25, 2021 Ugo Bassi, director of Financial Markets in the European Commission’s DG FISMA (Financial services), said today the EU may consider tweaking disclosure rules for short selling to create more transparency. During a meeting of the European Parliament’s committee on economic and monetary affairs, he said he could envisage the possibility of lowering the 0.5 per cent [...]
EU financial services chief warns of long road ahead for UK-EU equivalence deal February 12, 2021 The EU’s financial services chief has warned the UK that “there cannot be equivalence and wide divergence” in financial regulation as the battle over the City’s future relationship with the bloc heats up. Mairead McGuinness also confirmed fears held by many in the City that the EU would demand to know the UK’s future regulatory [...]
EU faces surge in bankruptcies as states start to withdraw pandemic support February 11, 2021 A leaked document from the European Union has revealed that a spike in bankruptcies and bad loans awaits the European Commission during the bloc’s post-pandemic economic recovery, as states begin to withdraw public support schemes. The note, seen by Reuters, said that it has taken nearly €2.3 trillion in national liquidity support to prevent a [...]
Exclusive: Brexit hit to London may top £9.5bn a year without EU financial services deal February 10, 2021 As the heart of the UK's service sector economy, London is in line to lose up to £9.9bn a year if a post-Brexit deal on financial services doesn't protect the City, new research out this morning finds.