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The Chancellor has warned there will be no alignment with EU regulations after Brexit - despite a pledge being made in the North East by Boris Johnson that standards would be protected.
Carolyn Fairbairn says the UK economy is in ‘suspended animation’ while issue remain unresolved.
Industry group and union body join forces to demand Theresa May changes approach. / Britain’s foremost trade union body and industry lobby group have joined forces to demand Theresa May urgently changes her approach to Brexit, warning the country now faces a national emergency.
'Securing a good deal with the EU, our most important trading partner, will open doors that have been closed by uncertainty. As of 31 January, the UK moved into a transition period until December 2020. While this reduces the immediate risk for businesses, without an option to extend transition, there remains a risk of no deal in a year’s time.'
Head of Welsh CBI tells committee pharmaceutical firm has had to move production to Dublin.
‘We must leave with a deal that protects jobs and livelihoods – or get mired in a swamp,’ says Confederation of British Industry.
The Confederation of British Industry has warned Conservative leadership candidates over a no-deal Brexit. / Such a scenario would do "severe" damage to businesses, the body - which supported Remain - told all the MPs running to lead the party.
Business leaders from major companies across Northern Ireland have written to the Prime Minister to voice their support for the Windsor Framework.
CBI appeals to Tory MPs to shift position to avoid a no-deal Brexit, or risk further harm to the economy.
Senior ministers expected to sign off on the UK’s negotiating blueprint on Tuesday.
One of the UK’s biggest business lobby groups has hit back at government advice to invest in domestic workers, saying the move will not solve short-term labour shortages that are increasingly putting retailers and supply chains under pressure.
Sky's Paul Kelso, at the CBI's annual conference, says there is a clear message that Brexit isn't working for business and the government is failing to deliver policies that will help growth recover.
Many firms are clinging on during the coronavirus crisis and have no capacity to to contemplate failure in talks with EU.
Britain’s economy is forecast to shrink by 0.4% in 2023, more than any other in the Group of Seven richest nations, according to the Organization for Economic Cooperation and Development (OECD). Britain is the only G-7 member whose economy has yet to return to pre-pandemic levels.
Letter says government needs to act quickly to resolve customs issues faced by exporters following Brexit
UK firms warn that even with a trade deal, both sides need to phase-in changes to border checks over six months.
The UK’s official departure from the EU took place on January 1, 2021. The Brexit roll-out, not unexpectedly, has been awash with problems.
LSE report says even sectors unscathed from coronavirus crisis will be severely impacted.
Many EU member states are calling for a very hard line with the UK in talks on future relationship.
January deadline is scuppering UK supply chains as they reel from the pandemic.
A determined ignorance of the dynamics of global capitalism is bringing about a long-overdue audit of British realities.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
Survey finds majority of factory owners have cut investment, as insolvencies hit six-year high.
Leaving the EU with no deal in place would cause 'irreparable harm' to the UK economy, business group warned.
We need the word “rejoin“ to have the same weight and significance as the word “Brexit“.