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UK

UK’s new post-Brexit global tariff regime announced

LONDON (UK) – The United Kingdom on Tuesday announced a new post-Brexit tariff regime to replace the European Union’s external tariff, maintaining a 10% tariff on cars but cutting levies on tens of billions of dollars of supply chain imports. After decades outsourcing its trade policy to the European Union, Britain is embarking on negotiating […]
UK

Gove- Trade deal with the European Union is there to be done

LONDON (UK) – British minister Michael Gove announced that there was a trade deal to be done with the EU, which would need compromise from the bloc. On Friday, both sides called for the other to compromise in negotiations on their post-Brexit relationship. This came after the statement that the latest round of talks ended […]
Europe

Coronavirus not changing EU Brexit priorities

PARIS (Europe) – The coronavirus outbreak crisis does not change the priorities of the European Union in the Brexit negotiations, according to the French European Affairs Minister Amelie de Montchalin. She said that a no-deal Brexit would be an extra shock atop the coronavirus crisis but Britain would suffer the most. (Photos syndicated via Reuters)This […]
Finance

UK should seek longer Brexit transition, says IMF boss

LONDON (Finance) – Britain should request for an extension to its post-Brexit transition period in order to ease the uncertainty surrounding a time when the world economy is boughed by the coronavirus pandemic, according to Kristalina Georgieva, the head of the International Monetary Fund. “It is tough as it is. Let’s not make it any […]
Articles

Boris Johnson: An Unstoppable Force

For the life of him, Boris Johnson cannot seem to get away from controversy. In British politics and in the field of journalism, Johnson is much-talked-about. He has been called entertaining, he has been labelled humorous and his popularity is no secret. His appeal extends way beyond his traditional Conservatives and it’s no secret why […]
UK

Brexit planning cost the British government 4.4 billion pounds

LONDON – So, how much exactly did Brexit cost us? On Friday, the public spending watchdog released the first detailed estimate of Brexit’s cost. The British government has so far estimated to have spent taxpayers’ money amounting to at least 4.4 billion pounds in preparation to divorce the European Union. In a report, the National […]