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Some UK carmakers and drivers face higher costs under the Brexit trade agreement, with an expert warning little-noticed parts of the deal are a “big loss” for Britain.
Britain is already heading for the worst coronavirus-induced slump of any major economy. Now fears are rising that businesses could be slammed by a second body blow this year — the failure of trade talks with the European Union.
No 10 has repeatedly insisted the PM will stick with existing deadline.
The EU Goods Sub-Committee has published its report, Beyond Brexit: trade in goods, examining what the EU-UK Trade and Cooperation Agreement (TCA) means for trade in goods.
The downbeat assessment comes as EU negotiator Michel Barnier describes the latest round of negotiations as "disappointing".
Just one in eight companies say the deal has been beneficial for them, British Chambers of Commerce finds.
The shadow foreign secretary said the current UK-EU trade deal is damaging the British economy.
The American Chamber of Commerce to the EU (AmCham-EU) published a cross-sectoral position paper on Tuesday turning the screw on the UK Government’s hard-line negotiating stance. Although it urges both sides to “work to mitigate disruption as much as possible”, the paper deals a devastating blow to Britain’s present strategy.
Poll finds just 25 per cent of voters think PM will get a deal which is good for Britain.
One of the key architects of Boris Johnson’s Brexit deal has admitted it is damaging Northern Irish businesses and warned it may not be sustainable.
Trade negotiations on the future relationship between the UK and Europe have so far ignored architecture and other professional and business services, according to a report published by the House of Lords EU Services Sub-Committee.
A “sea-change in attitude” is needed from the UK Government if Scotland is to be given a meaningful role in future Brexit negotiations with the EU, a minister has said.
The world’s fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its Brexit trade deal with the European Union.
Bloc sources say Britain is trying to water down EU geographical protections
EU negotiator signals future relationship negotiations are on course for acrimonious start.
Differences remain on old stumbling blocks of governance, fish and level playing field.
EU’s chief Brexit negotiator claims there has been no progress on key issues.
The U.K. needs to be “more realistic” in its demands as trade talks with the European Union continue this week, according to the bloc’s chief negotiator Michel Barnier.
EU negotiator sets out main obstacles to deal, including rights convention and fishing.
Luxury carmaker Bentley (VOWG_p.DE) said free trade with Europe not the United States was its priority as Britain negotiates its new relationship with the European Union...
Former prime minister Tony Blair claims the Brexit "nightmare" will not be over if the Tories win the election and take the UK out of the EU on 31 January.