Sectors from fishing to aviation, farming to science report being bogged down in red tape, struggling to recruit staff and racking up losses for the first time.
‘Singapore on steroids’: Sir Martin Sorrell lays out low-tax, low-regulation vision for Brexit Britain
13/11/2019
Britain should become a “Singapore on steroids” economy with low taxes, low regulation and a renewed focus on trade with America after Brexit, according to Sir Martin Sorrell.
Next boss, thinktanks and unions criticise Boris Johnson, saying ‘shortages cannot be blustered away’
‘Brexit ruined my business almost overnight’: UK dealer says his income has plummeted by 60% since Britain left the EU
28/04/2022
Almost all of Steve Shovlar’s clients are based in Europe—but added taxes and red tape are putting them off.
Wine trade fury at Sunak tax plan that will force up prices and create ‘unworkable’ red tape
09/01/2022
Industry condemns ‘simplification’ of duty touted by Boris Johnson as key benefit of Brexit.
What is Kwasi Kwarteng really up to? One answer: this is a reckless gamble to shrink the state
27/09/2022
In the US they call it ‘starving the beast’ – cut taxes and, as revenue decreases, you create irresistible pressure for austerity.
The British government has been ordered to pay the European commission’s legal costs after being successfully sued for granting City traders a tax break without EU permission.
Listing sends signal that turning Britain into a low-tax island ‘will not be acceptable to the EU’.
UK officials admit some markets to be subject to duties under post-Brexit deal terms - FT
10/05/2021
Companies in freeports in Britain will not get to enjoy the full benefits of the new tax-efficient zones if they are exporting to certain countries including Canada, Norway, Switzerland and Singapore, the Financial Times reported on Sunday, citing government officials.
Levy could raise €140bn, and energy ministers also set targets to cut electricity use.
A weaker than expected recovery from the coronavirus pandemic has left the UK as the only G7 country with a smaller economy than in early 2020, according to official figures likely to further undermine the government’s tax-cutting measures.
Trump administration ‘tells Boris Johnson to drop tax on tech giants’ to secure trade deal
04/08/2019
The Trump administration has made it clear to Boris Johnson that any post-Brexit US-UK free trade deal would rely on Britain dropping plans to tax large American tech firms, according to reports.
Trump administration threatens UK with tariffs if Boris Johnson imposes taxes on tech giants
21/01/2020
Digital services levy due to be imposed on web-based firms like Facebook and Amazon from April.
Greg Hands was asked why Michael Gove made the promise if it is now considered a bad move.
A post-Brexit deal should make it easier to build supermarkets, avoid tax and sue the UK, US business lobbyists say.
A large number of our readers have asked us to factcheck a list of claims about the Lisbon Treaty, or “what will actually happen if we stay in the EU”, which has gone viral on social media.
The sound of silence - Chris Grey
14/02/2020
'For at the same time as attempting to relegate Brexit to distant memory, the government is also claiming all kinds of benefits from “having left the EU”.'
A study by the Centre for European Reform reveals the “troubling” cost of Brexit and says the losses are now too big to ignore.
Section 55 of the Taxation (Cross-border Trade) Act 2018 states that: "It shall be unlawful for Her Majesty’s Government to enter into arrangements under which Northern Ireland forms part of a separate customs territory to Great Britain."