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Brexit
UK and EU to hold first summit for improved post-Brexit relations
In the next few months, Britain and the EU will hold their first ever bilateral summit as part of Labour Premier Sir Keir starmer's efforts to "reset", post-Brexit relationships with Brussels.
Officials from the EU and Britain have…
Lobby group warns that EU trade is not working for UK businesses
The head of Britain's biggest business organization has warned that the next UK government should stop "walking around on eggshells" when it comes to improving EU trade relations.
Shevaun Haivland, the director-general of British…
UK importers are making deliberate errors on their forms to avoid Brexit border fees
The government accused importers of goods from the EU making "deliberate", "criminal", and "serious" mistakes on important documentation to avoid new Border Charges after Brexit.
The government sent a warning to traders informing them…
If Brexit delays are not reduced, Dutch lorry driver could stop bringing their goods to the UK
The largest trade association for Dutch hauliers warned that lorry drivers may start to reject jobs transporting goods across Europe, unless the delays at border posts are reduced and the conditions of the drivers improved.
Transport en…
The euro falls to its lowest level in two years against the pound, as EU is still reeling from…
The pound rose to its highest level in nearly two years against the euro today, after populist gains in the EU elections. Also, Emmanuel Macron’s surprise announcement to hold a snap election in France.
The share prices of major European…
French warn civil unrest ahead of new EU border controls
French officials warned that the new EU border controls on British tourists could cause civil unrest in airports.
After October 6, all non-EU passport holders must have their fingerprints and pictures taken when they arrive in the EU for…
Brexit IT problems at the border can delay perishable imports to UK by as much as 20 hours
The UK's most busy Brexit post is holding up to 20-hours of trucks carrying plants and perishable foods from the EU due to IT system failures.
Businesses have called the new border controls by the government a disaster after IT failures…
IMF: Brexit is a warning sign that trade ties could be broken.
One of the most senior officials at the International Monetary Fund has stated that Brexit will likely have had "a large negative impact on the UK's economy". He cited the UK's departure from the European Union, as an example of how trade…
The UK floral industry is in chaos due to new Brexit border controls
The least expected effect of the Brexit was that flower exporters would need to learn Latin.
This is one of the issues that British business faced in the first few weeks after the government implemented physical checks on certain food…
How the UK’s new border control measures will impact animal and plant imports
Tuesday marks the beginning of the physical inspection of animal and plant imports from the EU after more than three-year delays.
Importers have warned trade associations that the new bureaucracy may result in significant costs for…
UK won’t ‘turn on” post-Brexit border checks of EU goods because of fear of delays
Because of "significant disruption", the UK government told its port authorities it would not "turn on critical health and security checks for EU imports once post-Brexit borders controls start this month.
The Department for Environment,…
After Brexit, Britain will be liable for a bill of £2bn on food imports from Europe
According to Allianz Trade, consumers will have to pay an additional £2bn for French cheese, Italian oil, and other foods from the continent when post Brexit border checks are implemented at the end this month.
Ana Boata's research, who…
Post-Brexit City boost as EU regulations on stock market research are scrapped
In a post-Brexit boost to the City, EU rules on research into stock markets that support Britain's £9 trillion (£9 billion) money management industry are being scrapped.
The Financial Conduct Authority is currently consulting on plans to…
Labour denies plans for UK to join EU Customs Union
Labour's policy towards the EU has been a source of tensions. On Monday, the party had to deny that it would re-enter the customs union after winning the general elections.
In a paper published by the Eurasia group political consultancy,…
Exchange chief: Brexit makes investing in the UK more difficult
Brexit has made it difficult to invest in the UK according to the CEO of the New York Stock Exchange, a former supporter of Britain's separation from the EU.
Jeffrey Sprecher is the founder and CEO of Intercontinental Exchange. He said…
Green drive is a threat to UK agriculture
Sainsbury's boss warns that new government policies to make farming more sustainable may harm Britain's food supply and cause more imports.
Simon Roberts is the chief executive of Britain’s second largest supermarket chain. He said that…
Post-Brexit Watchdog “ready” to investigate floods of cheaper Chinese electric vehicles
The head of Britain’s post-Brexit watchdog said that it was ready to follow Brussels and launch an investigation into Chinese firms flooding the market with electric cars. However, the government had not requested it.
Oliver Griffiths,…
Britain’s farmer’s revolt could be a Brexit backlash which will hurt Rishi Sunak
The Tories' slim chances of staying in power are at risk.
has been sweeping Europe with farmers' protests for several months.
Recently, in Thessaloniki, Greece, people dumped apples and chestnuts on the street. Farmers in the country…