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Canadian PM suggests London lacks ‘bandwidth’ to get agreement finalised by end of year.
Taxes cut on birds’ eggs, raw hides, fur skins and ultra-strong spirits – but UK does not export them anyway.
The Department for International Trade has wrongly described the condiment as ‘soya sauce’ throughout
Brexit will hit trade in services between the Republic and UK irrespective of the outcome of current talks, according to all-island professional body Chartered Accountants Ireland.
This could hamper the UK’s ambition to be a global leader in zero-emission vehicle development, production and employment.
PM tells industry leaders anxious about stalled negotiations "rien ne vas plus", which means "no more bets" in the casino game.
Britain has been told to prepare for a no-deal Brexit when the transition period ends on 1 January 2021, after trade deal talks reached an impasse.
'Yet a no deal outcome would still have profound implications for the uK. as we analyse in what follows, from trade to connectivity to foreign policy to cooperation in policing, a failure to strike an agreement with the eu will impact on us in numerous ways.'
Mr Johnson told his cabinet this week that leaving the EU without a deal should hold “no fear” for Britain, but was he right?
Prime minister told to stick to agreement, to ‘protect peace and stability on the island and integrity of the single market’
The UK is "sleepwalking into a disaster" over its border plans for the end of the Brexit transition period on 31 December, road hauliers have warned.
Most of our trade (57% of exports and 66% of imports in 2016) is with countries we have EU trade agreements with, not under WTO rules.
The EU and UK can’t agree on the best approach to state aid rules. However, it’s in the best interests of both parties to compromise on the issue.
Pascal Lamy, who was director general of the WTO, between 2005 and 2013, said there was a stark choice for the UK between 'minor' and 'great' trade relations with the country’s largest trading partner.
The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry's trade body.
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
Ministers are now working on the assumption that no deal will be struck before the December 31 deadline, meaning Britain will then have to trade on WTO terms with the EU.
Disagreements remain on fishing rights and so-called level playing field guarantees.
Despite downbeat warnings of divergent positions, the EU and UK will intensify efforts to make progress in talks in the week commencing July 20, 2020. Also, alarm bells sounded over potential WTO rule breaches in the UK & Finance Minister Paschal Donohoe takes the top Eurogroup job.
The UK government will ultimately back away from a no-deal Brexit because trading on World Trade Organisation rules with Europe would be simply too damaging for UK business after the Covid crisis, Peter Mandelson has predicted.
Poll finds just 25 per cent of voters think PM will get a deal which is good for Britain.
'It is hard to predict how full Brexit would play out, because this scale of multiple simultaneous renegotiations of global trade agreements is unprecedented – and no country has ever left the EU. It certainly can’t be assumed that Britain is bound to get quick and good deals because it is a large economy.'