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Contrary to recent reports, the European Union knows Britain could walk away and is preparing accordingly.
This real-life experience of a small West Yorkshire company, before and after the creation of the single market, provides an insight into our imminent future in the event that we leave the EU without a worthwhile trading deal.
On 7 October last year, there was a defining phone call between Boris Johnson and Angel Merkel.
In September 2018, the East African Community appointed a twelve member Committee of Experts to begin drafting a new constitution for an East African Confederation as a step towards full federation.
A 19th Century trade agenda will decimate the most productive parts of the 21st Century economy.
If the UK leaves the European Union single market without a suitable trade deal, then electricity trade with its European Union partners could be disrupted. New research estimates the 2030 cost of a hard electricity Brexit to Britain at €300 million per year.
When the bell tolls at eleven o’clock tonight, ringing out Britain’s membership of the EU, an entire phase of British history will come to a close. For nearly half a century – from 1973 to 2020 – perhaps the single most important fact about British history was its membership of the European Union (or ‘Community’, until 1993).
The biggest crisis of Brexit to date actually still lies ahead of us in late 2020.
The course of Brexit was set in the hours and days after the 2016 referendum. / It was at 6:22 a.m. on June 24, 2016 — 59 minutes before the official tally was unveiled — that the European Council sent its first “lines to take” to the national governments that make up the EU.
Despite calls to 'take back control' the economic reality is that tariffs will be determined by the 'bound rates' that the UK already has in place under the WTO and, ultimately, no tariff regime will make up for loss of access to the EU market
On March 21, 2018, in Kigali, Rwanda, Africa took the giant step of creating a large and integrated market by establishing the African Continental Free Trade Area (AfCFTA)
The man who used to run the WTO says the EU single market, set up by Margaret Thatcher, is ‘the top league’.
The UK must ensure that it retains access to the Single Market, has an open trading regime and maintains a stable regulatory framework with the European Union to minimise the impact of Brexit on the North East economy. This is the key conclusion of ‘Leaving the European Union’, a report by a powerful regional economic group says today.
Lexiteers, happily aped by Nigel Farage, claim that EU rules prevent nationalisation. This is simply wrong, as any reading of the law would reveal.
How will the United Kingdom’s vote to leave the European Union impact the ongoing sovereignty dispute with Argentina over the Falkland Islands (Malvinas)?
Japan recently released a rather extraordinary memo on the Ministry of Foreign Affairs website. It provides clear, frank and specific recommendations to both the UK and the European Union (EU) on the topic of the impending separation of the UK from the EU.
'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.'
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.