Over 200,000 people apply to EU settlement scheme after Brexit cutoff November 23, 2021 Thousands of EU citizens are still applying for settled status in the UK long after the government's post-Brexit cutoff date.
Downing Street signals it is prepared to tear up Northern Ireland’s Brexit deal November 23, 2021 Downing Street said late last night the UK government is prepared to consider tearing up elements of Northern Ireland’s Brexit deal, despite a Cabinet minister insisting the option would not be used before Christmas. Number 10 said there was no timetable for whether or not it would unilaterally use the powers under Article 16 of [...]
Collision of pandemic and Brexit pushes £18bn loss in travel services trade November 22, 2021 The collision of the pandemic and leaving the European Union (EU) has tipped an £18bn loss in travel services trade, according to the latest figures. While total service exports and imports grew in the second quarter, trade in services remained well below levels seen prior to Covid-19, the Office for National Statistics (ONS) revealed. Weaker [...]
EU: ‘change in tone’ from UK but post-Brexit trade deal is ‘linked’ to solving Northern Ireland Protocol November 19, 2021 European Commission vice president Maros Sefcovic has said the post-Brexit trade deal is “intrinsically linked” to settling the Protocol. Sefcovic was speaking at the Brexit Institute at Dublin City University, immediately before negotiations with Lord David Frost. Sefcovic said: “Settling the divorce has always been and remains a precondition for our future relationship. “It was [...]
Post-Brexit payments space is ‘breeding ground for financial crime as Wild West culture’ looms, warns rising City star November 16, 2021 After the UK left the European Union, a range of payment providers reported so-called IBAN discrimination as a number of companies across Europe began to refuse Euro account bank details if they contained the country code ‘GB’. As a result of Brexit, sending a payment to Eurozone countries resulted in additional charges. Whilst the fee is [...]
Brexit: ‘Complete instability’ looms in Northern Ireland as ‘tough guy’ approach is not helping, warns Irish minister November 12, 2021 A “tough guy” approach when it comes to Northern Ireland will lead to “disaster”, Irish minister for European affairs Thomas Byrne warned this morning. Asked on BBC Radio 4’s Today programme if there is a serious danger of a full-scale trade war, Byrne said: “There is a serious danger of complete instability in Northern Ireland [...]
Today in London: Latest attempt to find breakthrough in Brexit talks on Northern Ireland Protocol November 12, 2021 The latest round of talks with the EU to rehash the UK’s post-Brexit trade arrangements for Northern Ireland are due to begin in London. The Government’s chief negotiator to the EU, Lord Frost, is to meet European Commission vice-president Maros Sefcovic on Friday, in the latest round of talks about the Northern Ireland Protocol. In [...]
Ireland begins reactivating no-deal contingency plans as potential unravelling of Brexit accord looms November 10, 2021 The Irish Government has begun reactivating no-deal contingency planning in preparation for a potential unravelling of the Brexit deal. Talks between London and Brussels over the contentious protocol remain deadlocked and there is growing speculation that the UK is poised to trigger Article 16 in the coming days. Lord Hain, a former secretary of state [...]
If EU starts post-Brexit trade war it is a political strategy to weaken Northern Ireland’s place in UK, says Stormont minister November 10, 2021 A Stormont minister said this morning that if the EU triggers a trade war in the Irish Sea border dispute, it would be a political bid to weaken Northern Ireland’s place in the UK,. DUP Agriculture Minister Edwin Poots was responding to suggestions that the EU could axe the Brexit trade deal if the UK [...]
Brexit in the City: New powers for watchdogs FCA and PRA as UK moves away from EU rules November 10, 2021 The City’s main regulators, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), will be given new powers to set rules as the UK moves away from the EU framework after Brexit, according to Government proposals. Regulators will be required to consider how the UK’s financial sector can grow and compete internationally when setting [...]