The City after Brexit: With Refinitiv, Shearman & Sterling and the Investment Association October 26, 2021 Brexit, ‘greenwashing’, COP26, the EU/UK taxonomy, China in the wake of the Evergrande affair, the EU’s push for ‘strategic autonomy’ as well as privacy and the use of data are being discussed by CSFI director Andrew Hilton and this panel. They also zoom in on the latest IA report on asset management, and have a [...]
France threatens to block ports and slow-down customs checks as fishing row reaches boiling point October 26, 2021 British officials fear France will escalate the post-Brexit dispute over fishing rights, according to the Telegraph. Jean Castex, France’s prime minister, will unveil a series of retaliatory measures if French fishermen are not provided greater access to the UK’s coastal waters. This could include cutting energy supplies to the UK and Jersey and blocking Britain’s [...]
Brexit: MPs call out EU for delaying UK inclusion in Horizon R&D programme October 25, 2021 A parliamentary committee has called out Brussels for blocking the UK’s entry to the Horizon Europe research and development programme, claiming that it is damaging British businesses. A report from Westminster’s European Scrutiny Committee today said delays were leading to “increasing opportunity costs” for British businesses and research institutions as they are frozen out of [...]
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. [...]
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 [...]
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 [...]
Move on from Brexit and stop seeing business as ‘enemy within’, govt is told October 18, 2021 The Government should move on from Brexit, and end the “blame game” with business over the current challenges facing the country, a leading industry group has said. Manufacturing organisation Make UK said ministers should step up working in partnership with business to address the many issues facing industry. The group said there was a feeling [...]
Post-Brexit boost: Ford picks UK factory over Germany for £200m electric car investment October 17, 2021 Ford will boost Britain’s automative industry by making electric car components at its factory in Halewood. The car company selected the Merseyside site over one of its plants in Germany for a £200m investment into its e-Drive transmission systems. The systems control power from batteries used to run a vehicle’s wheels. The deal secures the [...]
French fishermen threaten to block Channel amid post-Brexit licences row October 17, 2021 French fishermen have reportedly threatened to block Channel trade after president Emmanuel Macron failed to align European governments on how to tackle British fishing licences. “We were promised to be able to go fishing in English waters, but since January 1, it’s forbidden to us. We’re losing 50 per cent of our income,” Pierre-Yves Dachicourt, a French fisherman from [...]
Exclusive: Most investors believe Brexit will make UK more attractive place to do business October 15, 2021 More than half of all investors from the UK, US and Germany believe Brexit, and the need therefore for the UK to secure new trade deals and support businesses, will make the overall business environment in the country more attractive over the next three years. Only one in five (22 per cent) expect it to [...]