“This represents the death knell for frictionless trade," said one business leader.
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.
Angela Merkel says Britain must ‘live with the consequences’ of Boris Johnson’s decision to ditch close alignment with EU
27/06/2020
Poll finds just 25 per cent of voters think PM will get a deal which is good for Britain.
Manufacturers say fears over red tape and political chaos are creating more uncertainty.
The British government on Sunday denied a report that it is seeking a “Swiss-style” relationship with the European Union that would remove many of the economic barriers erected by Brexit — even as it tries to improve ties with the bloc after years of acrimony.
Boris Johnson's push to diverge from EU regulations lacks public support, polling expert says
04/02/2020
'Our perceptions as consumers is one where it is not as clear that the mood to diverge and certainly to de-regulate is perhaps as strong as the impression the government seem to be giving'
The UK’s obsession with regulation autonomy has “strong implications", Luisa Santos said.
Exclusive: Britain is falling behind the bloc on almost every area of green regulation, analysis reveals.
Brexit red tape hitting UK innovation
01/11/2022
An interesting story in the weekend press, one that highlights the negative impact of Brexit on innovation and product development here in the UK.
Brexit split with EU over personal data risks harm to UK business and security, report warns
07/08/2022
Proposals ‘driven by desire to show benefit from Brexit’.
Any additional or persistent uncertainty around Brexit “is not going to help” with soaring energy prices and the high cost of living, the European Commission (EC) vice president has warned at a meeting in London today.
There are good reasons to believe latest move is partly theatre, but there are hefty issues at stake.
Brexit: despatches from the downside – No 19
27/01/2024
This week's Brexit downsides: half a billion in extra costs to import food, the collapse of trade talks with Canada and more.
Brexit: despatches from the downside – No 6
27/10/2023
Your weekly update from the Brexit ‘downside bunker’, chronicling the downsides, and occasional upsides, of Brexit.
Deadline to agree regulatory equivalence for financial services and allow business after Brexit likely to be missed.
Though Johnson promised ‘no non-tariff barriers’, firms say they are struggling under ‘compliance burden’ of customs and safety checks.
Pascal Canfin says UK’s zero tariff demands will be rejected, amid conflicting messages.
When Boris Johnson agreed the Brexit divorce package with the EU, he promised it would unleash innovation, turning Britain into an agile “science superpower”. But rather than boost UK science and technology, Brexit has – so far – damaged it,
The Chancellor has warned there will be no alignment with EU regulations after Brexit - despite a pledge being made in the North East by Boris Johnson that standards would be protected.
The rate at which food law in Great Britain is diverging from the EU since Brexit is 'alarming' and a Bill set to take effect in 2023 is causing further concern, an industry experts has warned.
If the UK keeps high standards it could ruin the chance of getting a trade deal with the US.
Divergence in EU and UK rules since Brexit challenging fintechs, says Paysafe compliance boss
12/02/2024
There is a “growing dissonance” between the ways financial technology (fintech) businesses are regulated in the EU and the UK, according to the compliance boss of Paysafe, a payment services firm.
He said the move "hugely reduces" the risk of post-Brexit divergence on product standards between Northern Ireland and Great Britain.
Brussels has warned Britain not to break their post-Brexit trade deal by slashing regulation in its new drive for economic growth.
Brexit has consequences. According to the boss of Europe’s largest exchange group, one of them is that London is no longer the region's dominant financial center. But that's not the worst of it.