Where are all those Brexit benefits? 20/05/2023
Project Fear has become Project Reality—just look at Britain’s car industry.
Grant Shapps has stressed the importance of post-Brexit controls on work visas after government sources confirmed that ministers are braced for a record increase in immigration figures this month.
Jeremy Hunt has offered one of Britain’s biggest car manufacturers half a billion pounds in government subsidies not to go abroad to build a new electric battery “giga-factory”.
UK manufacturers could be hit with 10% tariffs from next year unless they can source electric vehicle parts and batteries locally.
We have reached a watershed moment in the long Brexit saga. The government’s U-turn this week on the Great Repeal Bill has laid bare the great elephant-sized conundrum that has always been at the heart of Brexit: identifying any significant EU laws that were both holding Britain back and can be ditched without damaging our own economy.
The impact of Brexit on people’s earnings could be ‘substantial’, say experts. / Millions of workers in Britain will be about £1,300 worse off a year due to Brexit, leading experts have said.
Brexit is to blame for the Dover travel misery blighting Britons’ Easter holiday trips to the Continent, a senior Tory MP said on Monday.
Jeremy Hunt’s budget shows that leaving the EU is only paying off in a parallel universe.
‘Complete nonsense’: hospitality reacts to Jeremy Hunt’s ‘Brexit pub guarantee’ policy in his first budget 16/03/2023
Operators are both baffled and annoyed with the chancellor's supposed assistance. / "To conflate this with Brexit is complete nonsense. They either want to help the pubs or not. If you want a link to Brexit, the damage done is far worse than the freezing of some duty."
Jeremy Hunt has denied that the decision to give some overseas construction workers easier access to UK jobs was a "betrayal of Brexit".
A project manager’s disdain at chancellor Jeremy Hunt’s speech to Bloomberg's city HQ – ‘the UK will soon probably need to start offering its own nomad visa just to get people to come here,’ probably resonated with many IT contractors.
Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.
THE UK will be the only major economy to plunge into recession the year, the International Monetary Fund (IMF) has warned – with the finger pointed at the “economic self-harm of Brexit” on the three year anniversary of Britain leaving the EU.
'£200k of seafood wasted and that's just the beginning. Sorry Jeremy Hunt, Brexit has been devastating' 30/01/2023
At New Smithfield Market the Chancellor's claims that Brexit would 'energise' Britain's economy were given short shrift.
The chair of the British Chambers of Commerce, Shevaun Haviland, says British exporters have faced "huge issues" trying to sell their goods abroad since Brexit.
‘I can see Britain being a member of the EU again’: How Brexit is returning to UK politics 26/12/2022
But the EU does not want to reopen debates about the terms of the Brexit deal: “Only in the UK are people still arguing about Brexit,” a source said. “No one in Europe thinks about it any more.”
Labour and the Lib Dems have condemned the chancellor's plan to weaken regulations introduced after the financial crash.
UK defends new post-Brexit finance reforms 09/12/2022
Britain on Friday launched a post-Brexit plan to relax curbs on its powerhouse City sector introduced after the 2008 financial crisis, denying the reforms will bring about new instability.
Chancellor Jeremy Hunt has been accused of encouraging a “race to the bottom” after he unveiled ‘big bang’ plans to slash City red tape.
Not everyone is convinced that scrapping a number of regulations imposed after the 2008 financial crash will benefit the economy.
Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center.
Study by British Chambers of Commerce reveals flagship bill to purge EU laws is low priority for firms.
Britain’s government insisted Thursday (24 November) that Brexit would pay off, even as new figures showed record levels of immigration six years after the country voted to quit the EU.
Hunt repeatedly said he did not “accept” the OBR’s prediction that Brexit will cause a 4 per cent GDP reduction in the long term.
Asked about feared 4% GDP slump, Jeremy Hunt says he doesn’t accept ’all’ OBR forecasts – adding ‘I accept all the ones I agree with’.