
The UK risks crashing out of 40 trade agreements spanning five continents in the event of a no-deal Brexit, a business organization has warned. The Confederation of British Industry, CBI, said there were hugely damaging implications for the UK if it had to leave trade deals it has through its membership of the European Union.

The UK's service sector stagnated last month, with new orders falling for the first time in two-and-a-half years, according to the IHS Markit/CIPS purchasing managers' index (PMI). The figures showed a reading of 50.1 in January lower than December's 51.2.

Argentina and the UK have agreed that the second commercial air link between the Falkland Islands and South America, with a stopover at Cordoba, Argentina, will begin operational next October in coincidence with the South Atlantic summer tourist season, according to Martin Dinatale, an Argentine journalist who specializes in diplomatic affairs.

Following the discovery of the plane carrying Argentine football player Emiliano Sala and pilot David Ibbotson on Sunday, the UK’s Air Accidents Investigation Branch (AAIB) issued a press release midday Monday reporting that “in video footage from the ROV, one occupant is visible amidst the wreckage” of the fuselage identified on the seabed.

Over 300,000 jobs could be at risk in the Travel & Tourism sector in the United Kingdom and almost 400,000 in Europe if the UK leaves the EU without a deal on 29 March, according to a new analysis from the World Travel & Tourism Council released on Monday. A “No Deal” Brexit would have a damaging impact on one of the UK’s most important economic sectors.

Japanese carmaker Nissan is cancelling plans to make the next model of its X-Trail sports utility vehicle in Britain, less than two months before the country is due to leave the European Union, broadcaster Sky News said on Saturday.

In its proposal for post-Brexit, ‘visa-free travel’ the European Council on Friday has described Gibraltar as a “colony of the British Crown.” HM Government of Gibraltar is grateful to the Prime Minister for her comment that such a description is “completely unacceptable.”

Almost a third of UK companies could move operations abroad because of Brexit, a survey has suggested. Research for the Institute of Directors revealed that 16% already had relocation plans while a further 13% were actively considering doing so. The IoD said it took “no pleasure” in revealing “these worrying signs”.

The Falkland Islands' retail price index RPI increased by 2.9% in the 12-month period ending on December 2018, members of the Legislative Assembly were informed. The increase is broadly in line with previous quarters’ year-on-year increases.

The United Kingdom and Chile signed on Wednesday in Santiago a trade continuity agreement that will see British businesses and consumers benefitting from preferential trading arrangements with Chile after Britain leaves the European Union. Ambassador to Chile Jamie Bowden and Chilean Foreign Minister Roberto Ampuero stamped the agreement.