Brexit has made our life more difficult, say two thirds of all small businesses across Britain November 27, 2021 Around half of UK SMEs believe that Brexit has had a negative impact on the UK’s society as a whole awhile 64 per cent believe that it has negatively influenced the UK economy. Moreover, one in four said Brexit has affected their business directly, according to new data shared with City PM this weekend. Cloud [...]
Brexit spat explodes: Angry French fishermen fire ‘warning shot’ and block Calais and Channel Tunnel November 26, 2021 Fishermen in northern France blocked the port of Calais earlier today, thereby preventing two ferries arriving from England to enter the harbour. Multiple trawlers forced the DFDS and P&O ferries to slow down and wait outside the port, the biggest entry point to the continent for British goods. The two vessels, carrying dozens of trucks [...]
Brexit red tape: Risk of 17-mile queues at Dover due to new EU biometrics checks November 24, 2021 A new system for monitoring non-EU travellers entering the bloc’s Schengen Area is scheduled to be implemented in April next year and may lead to delays of 17 miles, an industry insider warned today. Elizabeth de Jong, director of policy at trade body Logistics UK, said it would be “very bad news” if lorry drivers [...]
Post-Brexit vote of confidence: German real estate giant Coros lands in London as it opens office in Soho November 24, 2021 German real estate company Coros is expanding into the UK as the firm has opened an office on Kingly street in Soho. The firm said it considers London as a gateway to Europe for international investors who are seeking access to Germany and other European markets. In addition to sourcing real estate projects, Coros’ London [...]
Brexit: French fishermen may block British vessels’ access to French ports in action this week November 23, 2021 French fishermen may be planning to block British vessels’ access to French ports, after Britain’s refusal to grant more licences to operate in UK waters. France has accused Britain of not dishing out enough permits to French fishermen as part of a post-Brexit deal. “Action is imminent,” warned Olivier Lepretre, president of the organisation that [...]
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 [...]
