UK to start preparations for post-Brexit trade deal with Gulf countries October 7, 2021 The UK has announced it will soon begin preparations to land a post-Brexit trade deal with the six Middle Eastern countries of the Gulf Cooperation Council (GCC). International trade secretary Anne-Marie Trevelyan today launched a 14-week consultation on what businesses would like to see in a trade deal, before formal negotiations start next year. The [...]
Labour says government ‘underplaying’ energy crisis as Kwarteng guarantees winter supply October 7, 2021 Labour is accusing the government of “underplaying” the energy price crisis as Kwasi Kwarteng today vowed the UK has enough supply to last through winter. Shadow business and energy secretary Ed Miliband today said the amount of energy companies going bust “is not a normal course of events”, despite claims from Kwarteng, and that “we [...]
Brussels tells France to cool post-Brexit row with UK over fishing licences October 7, 2021 Brussels has told the French government to calm its rhetoric over a fishing row with the UK, after Paris threatened to turn off power to the Channel Islands this week. The EU, and individual European governments, have reportedly told Emmanuel Macron’s government that the threats to shut off power to Jersey and Guernsey or to [...]
EU to bring forward new proposals to make Northern Ireland Protocol work October 7, 2021 The EU is expected to bring forward new proposals on how to implement the Northern Ireland Protocol, a senior Brussels official has said. European Commission vice president Maros Sefcovic said the proposals would be “very far reaching”, but that he would not consider rewriting the protocol as the UK has requested. Sefcovic said in Dublin [...]
Rolls-Royce to take centre stage in UK’s Global Investment Summit October 7, 2021 Rolls-Royce and 11 other British businesses will be at the forefront of the UK’s Global Investment Summit this month, which is to be hosted by the Royal Family. The summit, which is being run by international trade secretary Anne-Marie Trevelyan and her department, is a part of the government’s drive to increase foreign direct investment [...]
Party time for Tories as Boris Johnson shows off his iron grip on British politics October 6, 2021 Boris Johnson’s bouyant speech today was a fitting end to a Tory party conference that was marked by an overriding sense of triumphalism. Endless crates of Bollinger were cracked open with the ease and vigour of a teenager necking their first Bacardi Breezer. The Midland Hotel’s bar was packed round the clock with bespectacled and [...]
City of London Corporation calls for extension to UK clearing house access to EU October 6, 2021 The Square Mile’s local authority has called on Brussels to extend the EU’s access to City clearing houses beyond next year to ensure financial stability. The City of London Corporation’s policy chair Catherine McGuinness said in Paris today that “the issue of clearing is a real worry for many of us in the City”. The UK’s [...]
Boris Johnson vows to transform economy in policy-light party conference speech October 6, 2021 Boris Johnson has vowed to transform the UK into a “high wage, high skill” economy in a Tory party conference speech that was heavy on rhetoric and short on policy. In a classic Johnson speech, the Prime Minister made a bevy of jokes about Labour, numerous literary references and promises to “build back better” and [...]
Boris Johnson urges people to get back to the office October 6, 2021 Boris Johnson has called on people to return to their offices and ditch remote working, with the Prime Minister urging young people to embrace traditional working patterns. Johnson said in his keynote Conservative party conference speech today that a “productive workforce” only comes from “face to face meetings and water cooler gossip”. The government has [...]
UK-EU monthly exports again above pre-Brexit 2020 levels October 6, 2021 The UK’s monthly exports to the EU were above 2020 levels for the second straight month in June, despite earlier concerns about Brexit disruption. UK exports to the EU increased by £14.3bn and imports increased by £19.1bn in June, according to new figures from the Office for National Statistics. Total export of goods in June [...]
