TP ICAP loses full EU rights as pandemic disrupts move to French office January 25, 2021 British broker TP ICAP has revealed that it cannot currently serve some European Union clients because Covid-19 has delayed completion of its new Brexit hub in Paris. TP ICAP said that regulators would allow it to continue serving customers from London while it finished preparations in France after the UK’s EU departure concluded. The EU [...]
Believe it or not, post-Brexit VAT doesn’t have to be taxing January 23, 2021 The free trade deal signed by the UK and the EU was supposed to herald a new dawn in the relationship between the two sides. The Free Trade Agreement and the UK’s exit were intended to give us control of our borders, money and laws and therefore promote a dynamism in this country which was [...]
Brexit friction should spark new ideas for retail exports January 23, 2021 Many retailers received a welcome boost during the Covid-19 crisis with a rise in online orders from international markets, but with exports to EU member states facing teething problems in the form of higher costs and processing delays, now’s the time for retailers to broaden their reach and tap into new markets further afield. Research [...]
With Brexit done, the UK must pivot to Africa January 22, 2021 Divorce is painful, and Brexit was as acrimonious a separation as they come. Anglo-European relations will recover in time, but right now the UK needs friends outside of Europe. Boris Johnson knows this, so it was no surprise when he declared his ambition for the UK to be Africa’s investment partner of choice. “We in [...]
10.5m Brits could not last another month without income January 22, 2021 One in five of adults in the UK could not support their household for one month if they lost their source of income, a report revealed. After a third lockdown gripped the nation, 10.5m British adults have been found to have no financial buffer, digital financial coaching app Claro said today. With financial strain disproportionately [...]
UK fish exporters to get up to £100,000 each for Brexit disruption January 21, 2021 Britain’s fish and seafood exporters who have faced post-Brexit disruption at the border will be able to claim a maximum of £100,000 per business as a part of a new £23m fund. James Quinault – one of the top civil servants at the Department for Environment, Food and Rural Affairs (Defra) – told a parliament [...]
Home to roost? Poultry industry warns of ‘catastrophic’ border disruption January 19, 2021 The UK’s chicken farmers have become the latest food suppliers to slam the government over new Brexit border rules, which are causing enormous disruption to supply chains. Under the new rules, exporters are facing an entirely new set of customs rules, with products of animal origin needing new paperwork and checks at borders. “These issues [...]
Fishing industry to be compensated for Brexit ‘teething problems’ January 19, 2021 Boris Johnson has said that the fishing industry would be compensated for any problems caused by new post Brexit customs procedures. Johnson, echoing comments he made last week, said that problems at the borders, which have seen some exporters unable to sell their catch, were “teething problems”. A fund of £23m will be made available [...]
EU politicians pushing for ‘masterplan’ to steal City jobs from London and promote euro in global trade January 18, 2021 EU politicians pushing for 'masterplan' to steal banking jobs from London and promote euro in global trade
Johnson to discuss ‘Singapore of Europe’ plans with business leaders January 18, 2021 Boris Johnson will hold talks with business leaders today about cutting red tape, as ministers draw up plans to turn Britain into the “Singapore of Europe” now it has left the EU. The Prime Minister will speak to 30 senior leaders about “regulatory freedom” and reforming EU rules, The Times reported today. Leaders from BP, [...]
