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Brexit
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…
The Brexit bill: 100bn pounds of lost exports to the UK as jewellery and toys sales fall
New analysis claims that Brexit will leave a gap of nearly £100bn for UK exports each year, which would make Britain's economy worse than if they stayed in the European Union.
The UK's decision not to remain in the EU has led to a 30…
UK taxpayers invested £400m in OneWeb. Its technology is now a gift for France.
Pouring £400 million of taxpayers' cash into a bankrupt satellite company in the middle of a pandemic was something of a head-scratcher for the public. But for Dominic Cummings, spending the money in June 2020 to rescue the British…
Food industry warns of new Brexit border regulations that will affect UK supply chains
The food industry in Europe and UK has warned of a possible disruption to the supply chain as Britain implements new border bureaucracy for EU imports and food.
From January 31, the introduction of complicated paperwork for certifying…
The flower industry warns that new UK border checks will be a disaster waiting to happen
The Dutch flower-growing sector has asked for the planned introduction of new border checks post-Brexit to be deferred until 2025. They cited "significant concerns" regarding the industry's readiness for these changes.
From the end of…
UK returns to Imperial measurements after quietly dropping Brexit law
A leading Brexiter has criticised Rishi Sunak’s government after it announced quietly that it would not be legislating in order to expand the UK’s use of imperial measure.
After it was revealed that only a small fraction of British…
UK signs financial services agreement with Switzerland after Brexit
Jeremy Hunt, UK chancellor, will sign a financial service deal with Switzerland on Thursday. He claims that it will facilitate business between wealthy individuals and financial firms in both markets.
The UK-Swiss agreement is based on…
UK FCA rejects extension of post Brexit licensing regime
The UK's top regulator of financial services has ruled out extending its temporary post Brexit licensing regime past the end of the year. It also pledged to finish work on 116 cases that are still outstanding within the next two weeks.…
According to economists, Brexit has increased UK wages.
According to economists, Brexit has increased wage growth for UK as predicted by the Leave campaign.
Senior City analysts stated that the near-record wage growth was partially driven by a crackdown against uncontrolled immigration…
UK signs nuclear fusion agreement with US after EU snub
Britain doubles down on its efforts to unlock a 'grid ready' reactor by 2020
After being rejected by a rival EU program due to Brexit, the UK signed an agreement with US to collaborate in nuclear fusion.
Andrew Bowie…
As Brexit tariffs kick in, electric car prices will increase by £3,400.
Brexit regulations that will come into effect next year will increase the price of electric vehicles (EVs) by £3,400 .
The Society of Motor Manufacturers and Traders has warned that the cost of battery-powered EVs will increase as a…
Gilt yields have reached their highest level since Liz Truss’ mini-budget crisis
Yesterday, government bond yields surpassed the 5-percent level and reached their highest point ever since the Bank of England intervened in the debt markets to stop the fallout from Liz Truss’ mini-budget as well as a fire sale of…
Keir starmer promises to seek major revisions of Brexit deal
Sir Keir starmer said he would seek to rewrite Britain's Brexit agreement in 2025, if Labour wins the next general elections. He claimed he owed it to his kids to rebuild relationships with the EU.
Starmer stated that he will put a…