'Looks like there will be disinvestment by Japanese companies in UK financial services sector for 2021 too'
12/08/2021
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.
I see its "this trade deal is going to be really amazing / bad" morning, and I need to summon all my centrist trade energies in the hope a few people might see through the hype both ways and realise that UK joining CPTPP doesn't make that much impact any which way.
Japanese prime minister Shinzo Abe has said Theresa May’s Brexit deal has his country’s “total support”, adding that the “whole world” wants to avoid the UK crashing out of the EU.
Prime Minister Shinzo Abe has urged Boris Johnson, Britain’s incoming prime minister, to avoid a no-deal exit from the European Union.
Anger as government admits it will fail to strike Japan or Turkey trade pacts by exit day in event of no-deal
21/02/2019
The government has been accused of breaking its promises after it emerged that key trade deals would not be ready by Brexit day in a no-deal scenario.
British PM is now more likely to push for 'harder' divorce from EU.
Britain's car industry risks losing out even if there is a post-Brexit trade deal with the EU, according to documents seen by the BBC.
Tokyo will need to know what EU-UK relationship will be, experts warn.
Boris Johnson’s Big Lie - Guy Verhofstadt
26/06/2019
While Boris Johnson, the likely successor to British Prime Minister Theresa May, takes his country down a path of diminished trade, the European Union is negotiating one of the largest free-trade agreements in the world. One really has to wonder what the "buccaneering" Brexiteers have to complain about.
Increasingly, doing business with China involves a certain loss of sovereign power. / No matter how appealing a trade deal between Britain and China, it comes with costs. For a start, greater trade with China invariably means larger trade deficits.
Iter is a collaboration between China, the EU, India, Japan, South Korea, Russia and the US - all of whom are sharing in the costs of construction.
Brexit has hit UK's position as a gateway to Europe for imports, say freight firms [3 mins]
06/08/2021
Brexit has damaged the UK's position as a gateway to Europe for imported goods and increased red tape.
About 54 percent of Japanese companies with operations in the United Kingdom have been negatively impacted by the country’s planned exit from the European Union.
Brexit Opportunities Abound – Part 2
17/02/2022
Continuing the letter to Jacob Rees-Mogg, reminding him – he seems to need reminding – of the many new opportunities created by Brexit.
Brexit trade deals will be worse than current EU deals, says Liam Fox's former trade chief
24/03/2019
Countries are likely to offer the United Kingdom worse trade deals than it currently enjoys as a member of the European Union, the former head of Liam Fox's International Trade Department has told Business Insider.
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.
More Japanese firms could follow Honda and leave Britain in the coming months if the uncertainty caused by Brexit is not lifted soon, the country’s ambassador has said.
Brexit vs Global Britain
18/06/2019
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.
Japan said UK-EU deal was still crucial for Japanese business, especially its carmakers.
The agreement reached after years of negotiations is forecast to boost trade by more than £30 billion a year.
Tokyo is the biggest winner of the UK’s accession to the CPTPP.