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The UK government is reviewing plans to remove tariffs on a wide range of imports post-Brexit, following warnings that it would undermine the country's oil refining industry.
But a “no deal” scenario for Brexit could mean the price of instant coffee that has been imported from the EU goes up in shops.
The future of the UK's fuel refineries could be threatened by a no-deal Brexit, according to an internal local authority document seen by the BBC.
Theresa May's Brexit deal has been defeated by MPs and the UK is creeping closer to leaving the EU without a deal. But how does a no-deal Brexit actually affect you?
A new report sounds the death knell for Britain’s farms in the event of no deal. It’s not the vision our farmers were sold
No Deal could put more than 50% of UK farms out of business - New report launches 'Farmers for a People's Vote'.
Wyn Evans’ family has owned a plot in western Wales for generations, a bucolic expanse where 370 sheep and 80 cows feast on the verdant grasses of undulating hillsides.
While businesses struggle with the red tape of no-deal planning, ministers are busy with commemorative coins.
George Freeman tells HuffPost UK that trading on WTO terms would be "very damaging" in the long-run.
Plus: the director general contradicts claims that “Gatt 24” would kick in to help. / “If there is no agreement, then Article XXIV would not apply, and the standard WTO terms would,” said Azevêdo.
Tory leadership hopeful is wrong to suggest UK could have tariff-free trade with the EU following a no-deal Brexit, says international body’s chief.
Beyond Andrea Jenkyns' sound bites ... reality bites back: "The only countries that do trade with the EU just solely on WTO rules are Cuba, Venezuela, Belarus, Kazakstan, Russia and North Korea."
Hostile immigration policies will do untold damage to the UK’s manufacturing industry. It is baffling that the government is willing to implement such a strategy, says Lord Bilimoria.
Tory Brexiteer Mark Francois debate a former international trade negotiator on television and tried to put a positive on no-deal Brexit tariffs hitting the car industry by saying 'at least it would be our choice'.
Trade body says delayed shipments of parts and WTO tariffs ‘would deliver a knockout blow to the sector’s competitiveness’.
Jacob Rees-Mogg has put his name to an “Economists for Free Trade” (EfT) report claiming a no-deal Brexit would bring a £1.1 trillion boost to the British economy over the next 15 years. This is pure fantasy. The overwhelming consensus amongst economists is that quitting the EU with no deal would be a disaster on a truly magnificent scale.
The Brexit debate deserves so much better than Economists for Free Trade’s latest offering. Their paper, championed by Jacob Rees-Mogg, tries to make the case for leaving the EU without a deal and trading under World Trade Organization rules.
As the Conservative Party in the UK enters the final phase of its leadership race, the contenders were encouraged by European leaders to be realistic about what they could expect to achieve on Brexit when they enter No. 10 Downing Street.
A few days back, Tim Martin appeared on Question time. A 1-min clip of his performance has gone viral on Twitter. So error-packed was that one minute, that we should take the time to dissect it to bits...
Supporters of Brexit are “completely wrong” if they think recourse to an obscure trade rule will stop tariffs springing up overnight if Britain leaves the European Union without a deal, EU Trade Commissioner Cecilia Malmstrom said on Friday.
The Tory leadership race has brought a no-deal Brexit closer. Most candidates have either elevated No Deal to a heightened form of Brexit - a "clean" Brexit - or have insisted it is preferable to an extension beyond the current Article 50 deadline of 31 October.
EU confidence that the UK would come out far worse is bad news for Tory leadership candidates planning brinkmanship. / EU officials are working on the basis that the UK’s economy will be hit up to 10 times as hard by a no-deal Brexit than the UK, the latest analysis by the European Commission shows.
The man who used to run the WTO says the EU single market, set up by Margaret Thatcher, is ‘the top league’.