Sadiq Khan urges government to strike financial services equivalence deal with EU.
Businesses in the services sectors face ‘major barriers’ despite trade agreement, a study suggests.
Brexit will potentially cost London’s economy £9.5bn a year – with the capital’s service sectors bearing the brunt of the downturn, stark new research published by the Mayor of London, Sadiq Khan, reveals today.
London, at the heart of the UK’s service sector economy, may lose up to £9.5bn in economic output a year from Brexit.
European University Association explores impact of Brexit deal on universities in new briefing
02/02/2021
At the end of long and intense negotiations, this briefing aims to bring clarity to the new relationship and how universities in the European Union and the United Kingdom can continue to cooperate.
Exports to EU to plunge by more than one-third because of Boris Johnson’s Brexit trade deal, study warns
14/01/2021
Income per-head forecast to fall by 6 per cent – just 2 per cent less than under a no-deal departure.
Just in case you don't fancy the 1,200+ page document on Boxing Day.
Exactly four weeks before Britain leaves the EU’s single market following Brexit, it is still unclear how much access it will retain to the bloc’s data from security tools used in everything from combating crime to business information.
Equivalence permits for UK financial services unlikely to be ready by January 1st.
Bleak impact including higher prices in shops is revealed in OBR report accompanying Rishi Sunak's spending review.
UK firms warn that even with a trade deal, both sides need to phase-in changes to border checks over six months.
Brussels looks set to lock the City of London out of European markets from 1 January, with the EU not planning on granting regulatory equivalence before the end of the Brexit transition period.
Taxes cut on birds’ eggs, raw hides, fur skins and ultra-strong spirits – but UK does not export them anyway.
Carolyn Fairbairn of CBI says her ‘really big disappointment’ was the lack of help for British services in the potential deal
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.
‘Catastrophic’ risk to lawyers, architects and other professionals being ignored, peers warn
13/10/2020
Lucrative services sector cannot prepare for potentially huge new obstacles to trading in the EU – because it is ‘not sure what to prepare for’.
For some weeks the British government has been planning a “shock and awe” campaign to warn British businesses that they have less than six months to prepare for Brexit; but the EU has beaten them to it.
The United Kingdom has passed the point of no return. It has less than six months to reach a new trade deal with the European Union or risk heaping more pressure on companies that are already laying off tens of thousands of workers because of the coronavirus pandemic.
The U.K.’s hopes of a swift trade deal with Japan will ultimately rest on a successful resolution to the main talks between London and the European Union on a new trading arrangement, some experts say.
EU tells UK to respect its independence
05/03/2020
Chief negotiator Michel Barnier says 'the EU sets its own conditions for opening up its markets for goods and services'
Survey shows 88% of 100 leading academics believe a Canada-style trade deal with the EU will have a "negative" impact on Britain's economy.