Explainer-in-brief: Britain is the piggy in the middle of EU-US trade tensions December 1, 2022 Emmanuel Macron is in the US this week to meet President Joe Biden and try to avoid a potential trade war. The subject is green subsidies, part of the colossal Inflation Reduction Act passed by Biden over summer. Biden wants to inject billions of dollars into US-made green technologies, and the EU is worried about [...]
Brexit adds £200 to Brits’ food bill, LSE study finds December 1, 2022 Brexit piled on an average of £210 extra to household food bills in two years, a fresh research paper has found. UK consumers paid a £5.8bn price tag in additional grocery costs, over the two years to the end of 2021, a study from the London School of Economics has found. As low-income households fork [...]
Badenoch takes swipe at Johnson and Truss for setting UK trade deal deadlines November 30, 2022 Trade secretary Kemi Badenoch has taken a swipe at ex-PMs Boris Johnson and Liz Truss for setting public deadlines in trade negotiations. Badenoch told a Westminster committee today that public deadlines, like Johnson’s missed October targert for a UK-India trade deal, “can be incredibly unhelpful” and create “an incentive for more concessions” by British negotiators. [...]
Brexit has contributed to UK inflation crisis, BoE’s Pill claims November 30, 2022 Brexit is partly to blame for UK inflation surging to a 41 year high and engineering a recession, the Bank of England’s top economist claimed today. Speaking at an event hosted by the Institute of Chartered Accountants, Huw Pill said worker shortages in Britain had been “met by the inflow” of EU migrants while the [...]
Rail strikes: Time for the government to bang some heads together November 30, 2022 Government has continued to claim rail strikes are a private discussion - but it's time for them to muscle in and find a deal
Brexit: Small firms ‘not clamouring for bonfire of EU laws’ according to BCC survey November 29, 2022 Small firms are “not clamouring for a bonfire of regulations” from the EU after Brexit, with only four per cent of small firms understanding a bill paving the way for deregulation. More than 70 per cent of companies surveyed by the British Chamber of Commerce (BCC) did not know about the Retained EU Law Bill, [...]
Explainer-in-brief: All time high migration, but do we want more? November 29, 2022 Last week Keir Starmer came out saying that British businesses should cease their “immigration dependency” and source more of their workforce in the UK. Labour has always had a more centrist stance on immigration, but Sir Keir is keen to make clear he’s not going to unravel Brexit if he is elected. His stance echoes [...]
Farage wants to reawaken the Brexit mob with a ragbag of populist policies November 28, 2022 The veteran political journalist Michael Crick recently described Nigel Farage as “the most significant politician of the century so far”. This might seem like a blatant piece of liberal-baiting clickbait, given that Farage has stood for election to the House of Commons no fewer than seven times without success, but Crick is neither a fool [...]
Post-Brexit Japan deal branded ‘a failure’ November 27, 2022 The first major free trade agreement signed by Britain after Brexit has been branded a failure. Liz Truss signed a deal with Japan in October 2020 that was claimed could boost trade by billions and help the economy recover, reported in The Guardian. However figures from the Department for International Trade showed that trade to [...]
What3words says post-Brexit tech hiring space is ‘a lot slicker’ than expected November 25, 2022 The boss of tech firm What3words chief said that the post-Brexit recruitment landscape has been “a lot slicker” then he anticipated when building a global team in London. In an interview with City A.M., Chris Sheldrick, who heads up the global address system, said that the capital continued to be a great place to build [...]