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Inflation and the cost-of-living crisis – both of which are also linked to Russia’s invasion of Ukraine – have been made worse by the cost of Brexit, according to the Ex-Secretary of the Department for Exiting the EU.
Post-Brexit trade deals have left “significant barriers” in place that are hampering digital trade to and from the UK, the City of London corporation warned today.
Back in those pre-war, pre-Covid and pre-permacrisis halcyon days of early 2020, the world was the UK food sector’s oyster in terms of post-Brexit trading opportunities.
Ellie Newis reviews two of the flagship free trade agreements that were supposed to reignite the UK economy.
What was claimed: The UK has secured new free trade deals with over 70 countries since 2016, worth over £800 billion in new global trade. / Most of these deals were rolled over from existing EU agreements following Brexit. The figure refers to the total value of trade between the UK and countries it has agreed trade deals with—not the value that they add.
A university report has rubbished claims that the UK is ‘taking back control’ by exiting the European Union after concluding that Brexit has resulted in ‘minimum freedom for maximum hassle’.
As the details of Boris Johnson’s trade deals are unveiled, these two farmers are pessimistic about the post-Brexit future of their industry.
Allies of UK trade secretary Liz Truss accused of launching an ‘unprovoked attack’ on Dan Tehan on the eve of their meeting.
"This is now the third Asia-Pacific agreement in a row where more than 80 per cent of the projected growth in trade has gone to exporters in those other countries," she said.
They produce half the country’s sugar needs, but expect new trade deals to make their tough situation worse.
A wide-ranging free trade pact between the UK and Norway will have to be pushed back as Norway’s coalition government failed to reach an agreement today.
But it won’t be straightforward to go it alone, and politicians should carefully, and candidly, set out the actual benefits of an independent trade policy.
From fish to border checks and even sausages in Northern Ireland, a host of issues need to be resolved in 2021.
As EU and US negotiations continue, how many deals have been made and what proportion of UK trade do they cover?
As a European Union member, the UK is automatically part of about 40 trade agreements which the EU has with more than 70 countries. If the UK leaves the EU without a deal it would lose these trade deals immediately - worth about 11% of total UK trade.
Maybe it has not been explained often and simply enough why there won't be frictionless trade - even with a trade agreement. So let me try to do this: WHAT IT TAKES TO HAVE FRICTIONLESS TRADE - AND WHY WE WON'T HAVE IT WITH THE EU EVEN WITH A TRADE DEAL (thread)
Some interesting insights are in a Swiss government information sheet, prepared mainly for Swiss companies. / What have the UK and Switzerland agreed on their trade relationship post-Brexit? Essentially, they are partly “rolling over” to the UK the present Swiss-EU trade relationship.
Our analysis indicates that a UK-China FTA will be neither easy nor clearly advanta-geous for the UK.
Politicians have been bickering about Brexit for the past two years, but everything that has happened so far is just figuring out how we leave the EU - we still have to sort out what kind of relationship we have once we have actually left.
If not, and the vote is to exit, it will be no good saying afterwards that “we didn’t understand what we were voting for” – the repeated complaint made by eurosceptics about the 1975 Referendum. By then it will be too late.