On Tuesday, the head of the European Commission said, tensions with Britain, a former EU member, stem from Brexit and not from issues surrounding the Northern Ireland protocol that has been agreed by both sides. After the first day of… Read More ›
Brexit
UK firms seeing long-term disruption in supply chain from Brexit: Survey
According to the results of a survey that was published on Saturday, the vast majority of British companies have faced trade related disruptions with the European Union following Brexit, with many expecting the issues to persist in the foreseeable future…. Read More ›
Britain’s Northern Irish Brexit arrangements a clear breach of trust: EU’s Finance Chief
Britain’s decision to make unilateral changes to Northern Irish Brexit arrangements have triggered concerns whether it can be trusted on future trade negotiations, opined the European Union’s finance chief Mairead McGuinness. “It does open a question mark about global Britain,… Read More ›
78 Brexit companies relocated to Netherland, 550 in relocation talks: Netherlands Foreign Investment Agency
On Thursday, in a statement Netherlands Foreign Investment Agency stated, there has been a flow of businesses moving into the Netherlands because of Brexit; this is despite direct foreign investment dropping by a quarter because of the coronavirus-induced COVID-19 pandemic…. Read More ›
Britain applies for Comprehensive and Progressive Agreement for Trans-Pacific Partnership
In the coming week Britain is set to apply for a membership to the trans-Pacific trading bloc of 11 countries. Ever since it left the European Union, Britain has made its desire to join the Comprehensive and Progressive Agreement for… Read More ›
Freight forwarders rejecting contracts to move goods to Britain
According to data from Transporeon, a German software company, there has been an increase in the number of freight groups rejecting contracts to move goods from France to Britain during the second week of January, resulting in price rise underscoring… Read More ›
Scotland will be back soon, Europe: Scotland’s First Minister Nicola Sturgeon
With the united Kingdom completing its transition period out of the European Union, Scotland’s First Minister Nicola Sturgeon stated Scotland would soon be back in the bloc. “Scotland will be back soon, Europe,” tweeted Sturgeon on Twitter at 2300 GMT…. Read More ›
EU-UK on the cusp of Brexit deal
On Thursday, in a significant development, the European Union and Britain are on the cusp of striking a trade deal potentially overcoming a cliffhanger Brexit. Britain’s Brexit has dealt a blow to pioneering efforts to bring together a unity among… Read More ›
Brexit trade deal possible by Wednesday: ITV’s political editor Robert Peston
On Wednesday, ITV’s political editor stated a Brexit trade deal could potentially be on the cards following both sides making progress on fishing rights; the tweet follows another tweet which said there was no chance of an accord before Christmas…. Read More ›
BoE does not foresee Brexit related market disruptions threatening UK’s financial stability
On Friday, Britain’s central bank, the Bank of England, took steps to keep inter-bank lending rates steady through 2021 as Britain negotiates its trade relationship with the European Union. In a statement, Bank of England Governor Andrew Bailey said, Britain… Read More ›
