UK in talks with Israel for post-Brexit trade deal as £34bn contract up for grabs July 20, 2022 Black cabs, whiskey and lucrative contracts for Tel Aviv’s Metro are all on the table, as Britain and Israel enter talks for a post-Brexit trade deal to the tune of £78m per year. Negotiations have been held between International Trade Secretary Anne-Marie Trevelyan and the Israeli envoy, Tzipi Hotovely, today. Trevelyan is looking to expand [...]
UK risks losing American investment unless post-Brexit trade disruption is fixed July 18, 2022 The UK risks forgoing a wave of US investment unless it irons out its post-Brexit trading relationship with the European Union (EU), a new report published today warned. The UK-US economic corridor remains strong, but would be strengthened by London cooling tensions with Brussels, according to a report by consultancy Bain and Company and BritishAmerican [...]
Brexit opportunities minister Jacob Rees-Mogg: I would refuse to serve in ‘socialist’ Rishi Sunak’s cabinet July 13, 2022 Boris Johnson ally Jacob Rees-Mogg has branded Rishi Sunak a ‘socialist’ and refused to serve in his cabinet should he become PM. The Brexit-backing Conservative MP hit out at the former chancellor’s “disloyalty” to the Prime Minister after he resigned last Tuesday. This comes after Rees-Mogg appeared to brand Sunak a socialist for high taxes [...]
Govt slammed as ‘flat-footed’ as MPs warn famous British goods to suffer under post-Brexit UK-Australia trade deal July 6, 2022 A Commons committee has warned that some famous British goods could lose out under the UK trade deal with Australia. The International Trade Committee Chair criticised “flat-footed” Government negotiating tactics, as cross-party MPs flagged concerns that household-name British products are set to lose out under the first full trade deal to be signed since Brexit. [...]
Jacob Rees-Mogg says UK’s economic woes ‘very little to do with Brexit’ July 5, 2022 Jacob Rees-Mogg has insisted the UK’s economic woes are “very little to do with Brexit” with other European countries experience worse problems. The Brexit opportunities minister made his remarks this morning on LBC, when asked by host Andrew Marr whether the “effect of Brexit has been to raise barriers” on trade and movement. Rees-Mogg, who [...]
Global Britain spreads its Brexit wings as UK retailers plan to expand overseas with EU and Australia favourites July 5, 2022 A range of British retail giants is eyeing to expand internationally as they are seeking to spread their wings amid a bounce-back in activity following the pandemic. Experts at real estate advisory firm Colliers said demand for UK locations from international firms has also lifted higher as shopper demand remains resilient despite fears over cost-of-living [...]
Labour rushes to deny Starmer plans to ‘unpick’ Brexit or take UK back into single market July 4, 2022 The Labour is rushing to deny allegations it plans to undo parts of Brexit, with Baroness Jenny Chapman, a shadow minister of state at Cabinet Office, has denied that Labour has plans to “unpick” Britain’s departure from the European Union. Labour leader Sir Keir Starmer will later vow not to take the UK back into [...]
UK business bosses most pessimistic since the start of the pandemic over inflation and Brexit July 1, 2022 Business chiefs in the UK are at their most disheartened since the early days of the Covid pandemic. Soaring inflation and Brexit pains have crippled confidence on economic outlook with consumer confidence at a historic low. The Directors’ Economic Confidence Index by the Institute of Directors, a measure of economic confidence of over 400 business [...]
Boost for Global Britain as UK exports to EU defy Brexit challenges and hit highest level ever July 1, 2022 New ONS data shows that British exports to the EU reached their highest ever level due to rising exports of fuels as the bloc continues to import substantial quantities of LNG. Goods exports to the EU reached £16.4bn in April 2022, their highest level in current prices since the series began in 1997. Meanwhile, the [...]
Impacts of Covid and Brexit hard to uncouple, MPC appointee Dr Swati Dhingra June 29, 2022 Dr. Swati Dhingra said that the impacts of Covid and the impacts of Brexit are still difficult to differentiate. In an oral evidence session following her appointment to the Monetary Policy Committee, Dr. Dhingra said “We’re still struggling with how to distinguish between the impacts of Covid and Brexit,” with the EU exit date coinciding [...]