Despite assurances given in October that Japanese car manufacturer would continue with plans to invest in Sunderland plant after EU exit. / Nissan said it may “adjust” its business in the UK, depending on how Brexit turns out, potentially jeopardising 7,000 jobs at its Sunderland plant.
This is what Brexiteers get badly wrong when they talk about the World Trade Organisation
05/12/2018
It is only by claiming that trading 'on WTO terms' would be fine that Brexiters manage to be so relaxed about the UK leaving the EU without a deal, but the WTO does not ensure the removal of all barriers to trade.
Theresa May has been accused of failing to be honest with the public about Brexit by the UK’s former ambassador to the European Union, who warned that “fantasies and delusions on all sides” risk plunging the UK into a democratic crisis.
More than 200 MPs urge May to rule out no deal as Johnson dismisses ‘downright apocalyptic’ warnings
07/01/2019
More than 200 MPs from across the Commons have signed a letter to the prime minister urging her to rule out a no-deal Brexit.
Denmark is the largest importer of pork to the UK but that position is under threat if no deal is struck.
Customs expert says extra costs and delays will harm small businesses and WTO rules would ‘kill UK farming’
Pascal Lamy likens customs union to second division and WTO terms to fourth division.
Britain leaving the EU with no deal would be "extremely bad" for both parties, the former head of the World Trade Organisation (WTO) has said.
UK may face seven-year wait for frictionless trade under WTO rules if it crashes out of EU.
Items to disappear from supermarket shelves and prices to increase if UK crashes out of EU, group including Lidl, the Co-op, Pret a Manger and KFC say.
Theresa May's Brexit plan for access to single market for specific UK sectors 'not on offer', Sir Ivan Rogers tells MPs
22/02/2017
UK's former ambassador to EU said any free trade deal with the bloc would have to be ‘the biggest ever’
The former prime minister accused hardline leave campaigners of ‘shouting down anyone with an opposing view’.
Brexit a ‘nightmare’ for Northern Irish business as MPs vote to remove Irish backstop from deal
30/01/2019
Companies have stopped investing in favour of holding onto cash in case it's needed after the UK’s withdrawal from the EU.
Britain leaving the EU could hit least-developed countries hard, with Cambodia most affected, report finds.
EU could impose punitive tariffs on key British exports such as beef if UK seeks to lower regulatory standards.
Company says move is a precaution in case WTO tariffs apply to EU-UK trade.
Food prices could rise 10%, says Mark Carney
04/12/2018
Food prices could rise between 5% and 10% if there is a disorderly Brexit, the Bank of England governor, Mark Carney, has warned.
No-deal scenario would disrupt seamless flow of goods and services between Northern Ireland and Republic of Ireland.
Select committee says government needs contingency plans to protect consumers and businesses from impact from tariffs. / Food prices could rise sharply and farming businesses could be wiped out at the end of a Brexit transition period, a House of Commons committee has warned.
EU confidence that the UK would come out far worse is bad news for Tory leadership candidates planning brinkmanship. / EU officials are working on the basis that the UK’s economy will be hit up to 10 times as hard by a no-deal Brexit than the UK, the latest analysis by the European Commission shows.
Supporters of Brexit are “completely wrong” if they think recourse to an obscure trade rule will stop tariffs springing up overnight if Britain leaves the European Union without a deal, EU Trade Commissioner Cecilia Malmstrom said on Friday.
Debunking the paper championed by Jacob Rees Mogg claiming a no-deal Brexit would boost the economy
11/09/2018
The Brexit debate deserves so much better than Economists for Free Trade’s latest offering. Their paper, championed by Jacob Rees-Mogg, tries to make the case for leaving the EU without a deal and trading under World Trade Organization rules.
Trade body says delayed shipments of parts and WTO tariffs ‘would deliver a knockout blow to the sector’s competitiveness’.
Tory leadership hopeful is wrong to suggest UK could have tariff-free trade with the EU following a no-deal Brexit, says international body’s chief.