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Voters promised a Brexit boon will consider bid to keep Nissan and Toyota as ‘ridiculous’, prime minister warned.
The UK government will ultimately back away from a no-deal Brexit because trading on World Trade Organisation rules with Europe would be simply too damaging for UK business after the Covid crisis, Peter Mandelson has predicted.
Everyone is fishing in the same pond. Stocks built up in readiness for Brexit are having to be replenished. If another pandemic strikes, we’ll hardly be in the best position to get through it.
German leader signals trade compromise less likely as she hardens tone on no-deal Brexit.
MPs claim failure to implement a robust customs regime in Northern Ireland will lead to international criminals, including drug traffickers, making plans to target a soft border.
'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.'
Brexit as an ideological project has stripped the government of any sense of basic pragmatism.
Minister warns of serious impact for food producers, especially vulnerable beef sector.
Britain's biggest car plant has so far weathered the coronavirus pandemic and a major corporate restructuring. But it may not survive Brexit.
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.
The political implications of a no deal outcome threaten to be every bit as significant as its economic fallout, Anand Menon and Jonathan Portes write.
Which? raises alarm after Boris Johnson dumped promised ban on chlorinated chicken and hormone-fed beef, to strike quickfire agreement with Donald Trump
Carolyn Fairbairn says many businesses cannot prepare for no deal during Covid-19 crisis.
Chlorinated chicken is just the start. The government intends to rip up food standards, public services and public protections.
Michel Barnier accuses UK of "backtracking" on commitments but government sources accuse EU of offering only a "binary choice".
The UK's largest car manufacturing plant is "unsustainable" if the UK leaves the European Union without a trade deal, owner Nissan says.
If no trade deal is reached, cars made in the UK and exported to the EU would be subject to a 10 per cent tariff.
The beleaguered U.K. economy — currently experiencing what could be its deepest recession in three centuries — may need to brace for another, longer-term shock after the pandemic.
Government announces which tariffs will change after UK leaves single market.