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Rishi Sunak's comment confirms fears that the UK could crash out of the EU without an agreement in December 2020 under Boris Johnson's plans.
Rishi Sunak accidentally votes against government, but ministers see off attempt to uphold food standards in post-Brexit trade deals.
International trade secretary tells PM and chancellor plans risk smuggling and damage to UK reputation.
Rishi Sunak reportedly planning to open bidding for towns, cities and regions to become designated zones where UK taxes and tariffs will not apply.
Senior figures in Scotland and Wales warn Brexit is bringing a ‘statutory fist crashing down’.
The Treasury will not carry out any further analysis of the economic impact of the Brexit trade deal Boris Johnson agrees with the EU or the impact of negotiations collapsing, Rishi Sunak has said.
Lady Sugg hands in resignation after overseas aid cut by a third.
“We are currently in the midst of a bitter divorce from our biggest trading partner, which has left large parts of our economy struggling with more red tape, higher compliance costs and less opportunities to trade. Businesses need a new direction and more support to seek the new opportunities we were promised after Brexit."
Sadiq Khan has called for the government to provide greater clarity for the City of London post-Brexit, with the mayor telling Rishi Sunak to “address the concerns of London’s financial and professional services sector”.
Special zones are Boris Johnson’s flagship economic recovery policy.
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.
PM opens debate in parliament, with vote after 4pm expected to be tight. / The government is also under pressure from a group of philanthropists, including the Bill & Melinda Gates Foundation, who said over the weekend that they would provide £93.5m emergency funding to cover some of the UK aid cuts.
The London bureau chief for Germany’s public broadcaster reflects on Britain’s government.
The Good Morning Britain host pointed out how accurate Operation Yellowhammer's post-Brexit predictions were.
Gove declined to point out that the EU is currently home to around 80 freeports.
Chancellor’s flagship policy will ‘alter the location rather than the volume of economic activity’, Office for Budget Responsibility concludes
The independent Office for Budget Responsibility has calculated that the scarring effect of covid lockdowns on the UK economy is only half of what it has cost the UK to leave the European Union.
The Office for Budget Responsibility suggested leaving the EU would reduce the UK's long-term GDP by around 4% - compared to 2% for the pandemic and lockdowns.
Impact of quitting EU has become top issue facing the nation, survey finds
The government and its supporters are beginning to claim 'benefits' of being outside the European Union some of which were always available to EU member states or, in other cases, are not benefits at all.
Fishing rows notwithstanding, much of Europe looks on at the UK’s plight with astonishment – and even, still, sympathy.
The decision by Rishi Sunak to cut domestic flight taxes was met with opposition by climate groups and Labour figures
Rishi Sunak's cut to tax on internal UK flights in Wednesday's Budget was an example of the government trying to prove Brexit was a good idea, a top climate adviser has claimed.
Industry condemns ‘simplification’ of duty touted by Boris Johnson as key benefit of Brexit.