Tag: Brexit

Tuesday, February 14th 2023 - 10:16 UTC
UK economy, Brexit and the productivity slowdown controversy

Jonathan Haskel, an external member of the Bank of England monetary policy committee, said a wave of investment “stopped in its tracks” in 2016 following the Brexit vote.
Tuesday, January 31st 2023 - 10:35 UTC
“Bregret”, the new word to express regret for voting Britain lo leave the EU

Like Brexit a few years ago, popular vocabulary in UK has incorporated “Bregret”, basically meaning “regretting the decision to vote for Britain leaving the European Union”. And one of the latest opinion polls indicates a dramatic shift in the UK as to such a momentous vote. The poll, by Focaldata and taking in 10,000 people across the country, asked respondents whether they agreed or disagreed with the statement, “Britain was wrong to leave the EU”.
Saturday, December 3rd 2022 - 07:00 UTC
Increase in food costs for the average UK household because of Brexit, LSE paper Brexit a

Brexit added £210 to the average British household food bill in the two years to the end of 2021, according to a new academic paper from the London School of Economics (LSE), with price rises hitting the poorest families.
Tuesday, November 22nd 2022 - 10:00 UTC
Brazil encouraged with UK larger quota for chicken meat and sugar

Brazil is forecasted to gain a 19.3% larger quota of chicken meat exports to the UK in accordance with the bilateral agreement signed last November 17 at the World Trade Organization (WTO), according to information from the financial press agency Valor.
Tuesday, November 22nd 2022 - 08:31 UTC
PM Sunak committed to “no turning back on Brexit”, and rejects CBI appeal for closer trade links with EU

UK Prime Minister Rishi Sunak rejected calls from the strongest business lobby, the Confederation of British Industry, CBI, for closer ties with the European Union to address damaging trade barriers born out of Brexit, and also ruled out softer immigration rules to help with labor shortages.
Saturday, November 5th 2022 - 09:48 UTC
Ex BoE governor blames much of UK's economic challenges on Brexit

Former Bank of England governor, Mark Carney said that the fall in the pound and shrinking economy after the UK left the European Union, Brexit, had added to “inflationary pressure”.
Monday, October 24th 2022 - 14:22 UTC
Rishi Sunak to be Prime Minister of the United Kingdom

Rishi Sunak, the grandson of Indian immigrants, was nominated Monday by the British Conservative Party to replace Liz Truss as its leader and next prime minister, as his rival, Leader of the House of Commons Penny Mordaunt, failed to win enough support to run.
Friday, October 21st 2022 - 10:55 UTC
Five candidates to replace PM Liz Truss, “fighter turned a quitter”; chaos among Conservatives

Liz Truss announced on Thursday she will resign, which means there will now be another leadership election to decide who becomes the next Conservative leader and prime minister. The contest to replace “the lettuce” as some London media identifies Ms Truss sis expected to be completed by the end of next week.
Saturday, October 15th 2022 - 14:50 UTC
Falklands MLA will report on trade agreements with EU, UK following on Brexit

The UK represented the Crown Dependencies and British Overseas Territories in relations with the EU while a member of the block. But since Brexit, how is it performing at engaging the EU to represent their individual interests?
Monday, August 22nd 2022 - 09:27 UTC
While Tories look for a leader, UK hit by strikes: Felixstowe closed for eight days

On September 5, hopefully the conservative party will have a new leader and the British government should be back on track, leaving aside Boris Johnson. However, in the meantime prices of food and energy have soared and the country is under stress from a raft of industrial actions, the latest of which Felixstowe, Britain's largest container port, with staff walking out of their jobs for an 8-day strike on Sunday demanding better pay to meet the cost of living.