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Government accused of ‘failure and broken promises’, as exports set to slump next year.
Britain's trade agreement with Japan - the first major such deal announced after Brexit - has been branded a failure as new figures show exports have DROPPED.
Ellie Newis reviews two of the flagship free trade agreements that were supposed to reignite the UK economy.
Prime Minister Fumio Kishida urged his U.K. counterpart Boris Johnson to reach a deal with the European Union on Northern Ireland that doesn’t hurt Japanese companies operating in Europe.
Real pay set to be £470 lower per worker each year, say top economists. / “We can’t blame Brexit for all of the 5.2 per cent GDP shortfall … but it’s apparent that Brexit is largely to blame,” said John Springford, author of the CEF study.
Continuing the letter to Jacob Rees-Mogg, reminding him – he seems to need reminding – of the many new opportunities created by Brexit.
The UK will be told to lift its ban on hormone-treated beef to achieve its post-Brexit dream of joining a key trade bloc, a leaked government memo suggests.
The one that was so much better than the EU-Japan deal because the names of 70 British products would now be protected?
Looks like there will be disinvestment by Japanese companies in UK financial services sector for 2021 too. Nomura International PLC has just notified Companies House that they have reduced their capital from US$11.2bn to $3.2bn.
Brexit has damaged the UK's position as a gateway to Europe for imported goods and increased red tape.
The number of Japanese companies and their employees in the UK is starting to decline. Given that this is against the trend elsewhere in Europe, it is hard to avoid the conclusion that this is a reaction to Brexit.
So far, in the first two months of Brexit, the following industries have indicated that they have been harmed: Aerospace; Airlines; Architecture; Art and Antiques; Beer; Bees; Cattle and horse breeding; Charities; Cheese; Chemicals; Cars; Classic Cars; Construction; Cosmetics and Perfume; e-Commerce; Fabrics; Fashion; Ferry services; Film and TV production; Financial Services; ...
The prime minister has imperilled peace in Northern Ireland, and every day the economic fallout worsens.
The number of UK-based Japanese firms fell by 12 per cent from 1,084 in 2014 to 951 in 2019, with most of the drop occurring during the politically tumultuous period following the Brexit referendum in June 2016.
The number of Japanese firms in the UK fell by 12 percent between 2014 and 2019. / Brexit drove a shift in Japanese firms out of the U.K. and toward continental Europe, a report shows.
Respondents cite new procedures and paperwork among negatives of breakup.
Nissan has decided to produce its battery-powered Ariya sport utility vehicle in Japan, rather than in the U.K., the company said Thursday.
Brexit risk dashes Sunderland plant's hopes of producing new model for export.
Deals to ensure UK can go on trading with non-EU countries after Brexit transition must be laid before parliament by Wednesday.
Taxes cut on birds’ eggs, raw hides, fur skins and ultra-strong spirits – but UK does not export them anyway.
Tariff hit for electric vehicles likely to be £2,800 per car, with risks to UK’s net zero plans.
Japan said UK-EU deal was still crucial for Japanese business, especially its carmakers.