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We now estimate that the output loss due to the Brexit vote amounts to about 2% of GDP, or £35 billion. The negative drag from the Brexit vote has increased somewhat since our last estimation and now amounts to roughly £350 million a week. Under current OECD forecast, we expect the output loss to increase to 3.4% of GDP by end-2019.
Czech, German and Italian politicians support European commission line that Britain must agree to pay up before talks. EU member states are backing a European commission demand that trade talks can only start once Britain has agreed to pay a hefty Brexit bill, despite fears of a backlash from Theresa May.
EU will take UK to International Court if it refuses to pay £50bn divorce bill, 'leaked document' says
A draft plan – apparently obtained by a Dutch newspaper – threatens a long legal battle to grab back what the EU regards as the UK’s liabilities, if Theresa May refuses to pay up
The German government is encouraging Britain to agree a mathematical formula for calculating its European divorce settlement rather than settling on a precise figure in an attempt to avoid a looming clash that risks derailing Brexit talks.
German chancellor says UK cannot have same rights as member states nor negotiate trade relations before agreeing to pay its bill. Angela Merkel has said British politicians are still living under the “illusion” that the UK will retain most of its rights and privileges once it leaves the European Union.
Boris Johnson accused of Brexit ‘hornswoggle’ after insisting Britain won’t pay EU 'divorce bill' first
Boris Johnson has been accused of deceiving voters after insisting Britain would not pay an expected £50bn Brexit “divorce bill” unless the EU started trade talks. A senior EU source said the Foreign Secretary was hoodwinking the public about “the realities of Brexit” – insisting leaders were “united” in the view that the bill must be settled first.
Britain’s five-decade dominance of wing construction for Airbus SE jets is under threat ... Airbus has been approached by at least seven governments looking to poach future wing production after the company raised concerns about Britain quitting the European Union.
Parliament warned dropping funding for farming will 'collapse the fabric of rural society'. Many British farmers are experiencing ‘Regrexit’ over fears they may lose agricultural subsidies, the Earl of Sandwich has told Parliament.
Despite overwhelmingly being in support of leaving the EU at the Brexit referendum, farmers are increasingly gloomy now that they are staring down the reality of what leaving will entail.
Farmers fear Westminster will impose England-centric replacement for CAP, with knock-on effects for tourism and language. Farming in Snowdonia will be wiped out by Brexit unless the next government matches subsidies under the EU’s common agricultural policy (CAP) pound for pound, the president of the Farmers’ Union of Wales has said.
Brexit and Agriculture
08/03/2017
Currently, some 55% of total UK farm income comes from CAP support. If we don’t want to see a massive decline in our farming sector and an end to some much loved landscapes, replacing that in some way has to be a top priority.
An “urgent” £9 million order for 112 new ambulances has been placed by health chiefs amid fears none will be available after Brexit, the Evening Standard can reveal. Thirty of the vehicles, which take months to build, will enter service by March, with 82 being “stockpiled” ...
Visa uncertainty and expected loss of EU funding affecting culture industry, leaders say. The expected loss of EU funding and uncertainty over the status of EU nationals after March 2019 meant UK museums were already losing scientists, researchers and curators, and there was a shortage of archaeologists, they said.
Architects say Brexit will damage the industry if practices across Britain cannot continue to employ EU staff. A group of the country’s leading architects including Richard Rogers have said they are “appalled” by how EU staff in their offices are being treated since the Brexit vote.
Britain’s largest architectural firm, Foster + Partners, plans to lay off nearly 100 people, and blamed the uncertainty around construction projects caused by last summer’s Brexit vote.
Over 1,000 leading architects have signed a letter to the UK prime minister stating that Brexit would be "devastating" to the architecture profession.
Architecture has been hit badly by Brexit with more than two-thirds of UK architects reporting building projects put on hold since the referendum, according to a new survey. More than a third said they had projects cancelled in 2017 because of the uncertainty surrounding the UK’s departure from the EU.
The number of architects with European Union qualifications registering with the Architects Registration Board (ARB) has dropped by 42 per cent since 2016.
London’s architecture businesses are being “held to ransom” by government cat-fighting over Brexit, the industry has warned. Under hardline Tory proposals architects after Brexit would not qualify as skilled workers as the average industry salary stands at just £45,000.
A survey of the Royal Institute of British Architects members has revealed that the majority have considered relocating in the two years since the 2016 Brexit referendum. Three quarters of those polled also said that growth of their international workload would be impaired without single market access ...
Investigate cakeism: the philosophy of having your cake and eating it, as preached and practised by the British government in its approach to Brexit.
Brexit from an Irish perspective from Raidió Teilifís Éireann (RTÉ).
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