UK-Canada trade deal back in focus as talks restart September 7, 2020 Hopes of securing a post-Brexit free trade deal with Canada were given a boost today after trade secretary Liz Truss announced the UK had kickstarted discussions. “Trade talks with Canada have commenced,” Truss wrote in a tweet. “The aim is to provide continuity for businesses by the end of the transition period. “Both the UK [...]
Brexit: Downing Street denies it will tear up EU withdrawal agreement September 7, 2020 The government is committed to its Brexit withdrawal agreement with the EU despite reports it was preparing to breach it, according to Boris Johnson’s official spokesman. A report in the Financial Times today claimed that Johnson would bring forward legislation on Wednesday that would include clauses, pertaining to Northern Ireland, which would override the UK’s [...]
Brexit: Boris Johnson plans to breach withdrawal agreement to put trade talks in peril September 7, 2020 Boris Johnson is planning on bringing forward legislation this week that would reportedly put the UK in breach of its Brexit withdrawal agreement and would likely blow up trade negotiations with Brussels. The government will put forward its internal market bill on Wednesday, which will contain clauses that eliminate parts of the withdrawal agreement pertaining [...]
Everybody loves a comeback and London’s could be glorious September 7, 2020 Given the amount of time we’ve spent in front of our TVs over the past few months, you’ll have no doubt seen the Government’s Brexit commercial which tells us to get prepared and get going for the UK’s new start. It ends, rather beautifully, with an aircraft taking off, presumably full of representatives from Britain’s [...]
The City View: Rational markets and innovative central banks? An investor’s guide to the crisis, with Phil Smeaton September 7, 2020 In this episode Christian talks to Phil Smeaton, chief investment officer for Sanlam Private Wealth, about how markets have behaved in recent months and the forces that could shape them over the rest of this year. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Phil discusses the fall in the value of the US dollar; the US [...]
Thousands of job losses expected as furlough scheme ends September 7, 2020 Thousands of workers will be made redundant when the government’s Coronavirus Jobs Retention Scheme scheme ends next month, according to the latest research. In total, 60 per cent of the UK’s medium-sized companies will cut jobs when the furlough scheme – which saw the government cover up to 80 per cent of the wages of [...]
Boris Johnson says a no-deal exit from EU would be ‘a good outcome’ September 6, 2020 Boris Johnson has said leaving the post-Brexit transition period without a trade deal would be “a good outcome” as he sets 15 October as the deadline to reach an agreement with Brussels. Johnson said in a statement that “there is no sense” in thinking about negotiating timelines beyond 15 October, but that “there is still [...]
Brexit: UK ‘won’t blink’ in EU trade talks, says chief negotiator September 6, 2020 The UK’s chief Brexit negotiator David Frost has warned the EU it will “not blink” in negotiations as fears grow that a no-deal exit is on the cards. Talks are set to resume between the UK and EU in London next week, with both sides deadlocked over several key issues. The deadline for the deal [...]
UK 2021 Immigration System: details revealed September 4, 2020 The Brexit immigration issue was already a complex one, implementing the biggest changes in the UK in almost five decades with new immigration rules to navigate, and impacting business travellers. In addition, now that 90% of the world’s population is living in countries with travel restrictions in place, the ability to travel is no longer [...]
Logistics groups call for ‘urgent’ meeting with government over Brexit border disruption September 4, 2020 The UK’s leading logistics and customs groups have called for “urgent” meetings with ministers to discuss Brexit border issues over their fears the supply chain “will be severely disrupted”. Eight groups called for an “urgent roundtable meeting” with Cabinet Office minister Michael Gove, chancellor Rishi Sunak and Transport secretary Grant Shapps. “Our concern is so [...]