Boris Johnson says ‘we need to move pretty fast’ on fixing Northern Ireland Protocol October 21, 2021 Boris Johnson has today underlined the urgency needed to fix the Northern Ireland Protocol, saying “we need to move pretty fast” to strike a deal with the EU. Johnson, on a visit to Northern Ireland, labelled the post-Brexit treaty as “not coherent with the Belfast Good Friday Agreement”. Negotiations over the implementation of the protocol [...]
Letters: The cost (and profit) of going green October 21, 2021 Re: Green Revolution, costs apply, October 19] The front page “ Green Revolution * Costs apply “ missed out one main point . Opportunities apply too. The City and business globally have been working on the step change required for decades. Many of these innovations are being led by UK plc. This will create and [...]
Calls to protect farmers from Kiwi meat and dairy products after post-Brexit trade deal with New Zealand October 21, 2021 The impact of the post-Brexit trade deal the government has struck with New Zealand will be felt by farmers in such a way that they require protection, the Scottish Government has said. Responding to the deal struck between Boris Johnson and Jacinda Ardern, the Scottish Government said it would not offset the effects of Brexit. [...]
UK seal post-Brexit New Zealand trade deal in stepping stone to CPTPP ascension October 20, 2021 The UK has agreed to a free trade deal with New Zealand in what is another key stepping stone to joining the 11-country Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trading bloc. Boris Johnson announced today that the deal would see UK markets opened up to New Zealand agricultural products as tariffs are slashed [...]
Temporary Brexit? Half of young British business owners expect UK will apply to rejoin EU October 20, 2021 A third of SME business owners are convinced that the UK will apply to rejoin the EU in the future, according to new research shared exclusively with City A.M. this afternoon. Younger business owners are significantly more likely to believe that the UK will re-apply in the future. Nearly half (47 per cent) of 18-34-year-olds [...]
End of furlough to induce a job market ‘recalibration’ as Brexit requires reset October 20, 2021 The end of furlough is set to induce a “significant recalibration of the jobs market” according to a restructuring expert. Chris Newell, managing director at business advisory firm Quantuma predicts that, as the Coronavirus Job Retention Scheme has ended, businesses across the country face the prospect of “tough decisions” around redundancies in the coming weeks. [...]
Brexit and pandemic: Number of lorry drivers in UK down by record 53,000 October 20, 2021 New figures have shown that the number of lorry drivers the UK has dropped by 53,000 over the past four years, with the fall the largest among middle-aged hauliers, according to official figures. The Office for National Statistics (ONS) said analysis of the annual population survey has revealed an estimated 17% plunge in the number [...]
Boris Johnson says supply chain shortages are due to ‘surging’ global economy October 19, 2021 Boris Johnson has claimed today that the UK’s supply shortages are the result of a “surging” global economy post-Covid and not post-Brexit worker shortages. The UK is suffering from goods shortages in some parts of the country due to shortages of key workers in a number of sectors, including the road haulage and agricultural industries. [...]
Letters: Let’s focus on venture capital October 19, 2021 [Re:Post-Brexit marginal gains will be fuel for City’s future success, 12th October] Hopes of reaching equivalence in financial regulations are dead in the water in the post-Brexit world. There have been numerous calls from the UK Government for input from business, to help guide the UK’s financial structure in this new phase. We’ve heard plenty [...]
Brexit: Drop in UK-EU trade hits smaller businesses as they are forced to shun exports October 19, 2021 A fall in trade between the UK and EU shows UK small and medium sized enterprises are increasingly shunning EU exports. The latest data from the Office for National Statistics shows a second consecutive monthly fall in trade, with the effects of Brexit and the global pandemic resulting in the total exports of goods, excluding [...]