Guy Hands said the business outlook and investment case for the UK is only getting worse and that the country needs to reforge trading ties with the European Union to stop the rot.
Experts blame France pipping UK to EU investment crown for second straight year on Brexit
11/05/2023
Experts have today partially blamed post-Brexit uncertainty for helping France pip the UK to Europe’s investment hub crown for the second year in a row.
Lessons from seven lean years of Brexit
28/04/2023
Almost seven years on from the Brexit referendum, there remains uncertainty over the future UK-EU relationship. Reflecting on the lessons from the last seven years, Neil Kinnock argues there remains a clear case for the UK being an economic, political, social, scientific and cultural part of the Europe of the future.
Trade and investment relations with Africa are increasingly important to the European Union’s strategic goals
The men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’.
“Making it difficult to trade with your biggest market is a dumb thing to do", Sir Martin Broughton said.
Brexit, two years on – so far, so bad
31/01/2023
31 January marks the two-year anniversary of the UK’s official withdrawal from the EU. Investment Monitor examines how hard Brexit has hit the UK economy so far.
I have started reading the Brexit literature again. A recent paper – ‘What impact is Brexit having on the UK economy?’ by Graham Gudgin, Julian Jessop and Harry Western (GJW) from October 2022 argues there is no hard evidence of harm and that studies that claim to find harm are biased and/or incompetent! In this blog, I consider a few of their points in four areas.
Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.
Steptoe | Brexit One Year On
18/01/2023
However, this article seeks to describe, as far as possible, how Brexit has affected the business and regulatory environment across the full range of areas covered by Steptoe and Johnson practices so far, and to identify issues of potential future concern for companies.
John Cole explores the government's response to a petition calling for an enquiry into the impact of Brexit before it's debated in parliament.
The UK and the global economy after Brexit
27/04/2022
Brexit has reduced UK trade openness, foreign direct investment (FDI) inflows, and immigration growth. New border frictions and higher transport costs pose new barriers to trade, and FDI inflows are unlikely to return to levels reached in the 1990s and 2000s.
Now that many advanced economies have recovered and are close to – or above – their pre-pandemic level of output, we can compare Britain’s economic performance to its peers. The results are troubling.
Brexit Chickens Come Home to Roost
07/06/2022
While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”
Adam Posen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts
27/04/2022
@AdamPosen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts presented at @UKandEU's The Economics of Brexit conference 2022. #PIIECharts
It has been revealed that the government is considering a fourth delay to the introduction of post-Brexit import checks amid fear of their impact on the supply chain and the cost of living crisis.
Economists at Natixis are trying to examine the effects on the UK economy of the June 2016 referendum that triggered Brexit. They look at the different important variables and seek to determine what the overall effect of Brexit has been on the United Kingdom.
Brexit has resulted in Wallonia receiving almost €358 million in investments, while 539 jobs have been created in the region since the UK’s withdrawal from the European Union.
Not for the first time, the prime minister delivered a major speech that was economical with the truth.
'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.
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.
On trade, finance, migration, food standards and more, the UK suffers fresh ignominy on a daily basis.
The true cost of Brexit is becoming clearer
19/06/2021
Half a decade after the referendum, the economic hit to the UK caused by Brexit is becoming clearer. But it will be years before the true impact is understood
After several years of increasing FDI, Brexit has caused inbound investment to dip in the UK.