A leading writer on the economy explains why the underperformance of the stock market should shock and concern everyone.
Mr Drakeford, who is stepping down next month after five years as First Minister, said Brexit had left Wales a billion pounds worse off and cut off from the rest of the world.
Plaid Cymru’s Spokesperson for Trade and Business, Hywel Williams MP, has called for the UK to re-join the Single Market and Customs Union as “a vital first step to improving our moribund economy.”
Brexit: a ‘total disaster’ of our own making
07/02/2024
Brexit has caused a crisis for British manufacturers who export into Europe – and things could be about to get even worse...
Wales’ Potential First Minister Backs Rejoining EU Single Market and Calls for ‘Honest Conversation’ on Impact of Brexit
29/01/2024
In an exclusive interview, Jeremy Miles says he wants a frank discussion about Brexit’s hit to the economy – and calls for far greater devolution for Wales.
Political leaders have paid tribute to former European Commission President Jacques Delors, who has died aged 98. / Serving from 1985 to 1995, Delors helped create the single market allowing the free movement of people, goods and services around the bloc. / He also laid the groundwork for the single European currency, the euro.
The year in Brexit
20/12/2023
The past 12 months have been littered with grandiose claims about the benefits of Brexit and the ability of the UK to demand what it wants from the EU. But the sad and inescapable conclusion is that none of those benefits exist and that the UK has been forced into a number of embarrassing retreats and compromises.
Brexit has not only failed to deliver on its promise of reducing immigration and controlling borders, but it has also made the immigration issue worse and more difficult to manage. The government’s chaotic and ineffective immigration policies, such as the Rwanda policy, have only added to the problem.
Who’s afraid of freedom of movement?
08/12/2023
It's a Brexit myth that the public rejects freedom of movement; yet polling now suggests that Leave voters increasingly miss that very freedom.
Brexit: 57% of Britons support rejoining single market even with freedom of movement, YouGov poll finds
30/11/2023
The YouGov poll comes after EU Commission President Ursula von der Leyen said the UK should rejoin the EU to "fix" Brexit.
Seven in ten Britons support a closer relationship with the EU than we have now. / As we approach the fourth anniversary of Brexit, 52% of Britons now believe that the UK leaving the EU was the wrong decision. The Labour party – likely to form the next government – have so far resisted calls to move towards rejoining the single market...
‘We goofed it up, you have to fix it’, Ursula von der Leyen tells young people. / European Commission president Ursula von der Leyen has said young Britons could still reverse Brexit by deciding to re-join the EU in the years ahead.
LEAVING the EU was not a “one-off shock” that businesses will be able to adjust to and the effects of "Brexit 2.0" are now being felt, according to a finance journalist and author.
"Britain can no longer afford to have one hand tied behind our back with new red tape, new costs and lost opportunities from Brexit," Naomi Smith said.
The term doesn’t mean it doesn’t meet EU standards. Just that Brexiters want to insist they have the right to diverge, even if it were madness to do so.
It’s no secret that COVID-19 and Brexit have had a lasting effect on a wealth of businesses. In particular, the manufacturing sector has been heavily impacted due to the UK’s withdrawal from the single market and the subsequent restrictions on imports and exports.
Brexit and the red tape explosion
16/08/2023
Helmuth Porschen ponders the fate of UKCA and wonders why the government can’t persuade the rest of the world to adopt British standards.
Tory MP Tobias Ellwood says both his party and Labour are being dishonest over the disaster of Brexit.
It appears HM Treasury has realised bringing in a measure that will so obviously lead to higher food prices is not a good idea when the country is in the grip of an inflation spiral.
Exit from the single market making it harder to import art, auction house warns.
Plaid Cymru has expressed serious concerns over the potential impact of the planned application of full Brexit border checks from the autumn.
Distributor of KTM road and mountain bikes shuts citing Brexit red tape as a major factor.
Westminster’s Winner-Takes-All Voting System Skewed Britain Towards a Hard Brexit, Report Suggests
14/07/2023
The Democratic Unionist Party had an outsized voice in Westminster during Britain’s Brexit negotiations.
World-renowned economist Adam Posen reveals some tough truths about Britain’s situation.
It’s not even about “we told you so”, it’s the Brexiters telling it themselves.