BREXIT

More Irish-British trade diverted via N.Ireland post-Brexit

More firms are shipping goods between Ireland and Britain via Northern Ireland to avoid post-Brexit red tape and delays, the head of Dublin Port said on Monday, describing it as…

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European firms battle to reach UK clients

Post-Brexit trade rules mean prosecco supplier Serena Wines 1881 must store bottles destined for Britain on costlier, fumigated pallets in their own corner of its warehouse in the northeast Italian…

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Northern Ireland faces medicine shortages ‘unless Brexit rules are changed’

Vital medicine supplies to Northern Ireland will be disrupted unless Boris Johnson changes the way the province is treated under the terms of the UK’s exit from the European Union,…

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UK’s Frost says positive momentum in EU talks, difficult issues remain

LONDON, April 16 (Reuters) - Talks between Britain and the European Union on post-Brexit trade to Northern Ireland have seen some positive momentum but difficult issues remain, UK negotiator David…

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City of London Brexit hit worse than expected, says study

LONDON, April 16 (Reuters) - Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union…

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S&Ds lead support for EU-UK Agreement in committee but seek assurances ahead of final vote

Today in a joint vote by the foreign affairs and the international trade committees, the S&D Group is leading support for the consent vote on the EU-UK Trade and Cooperation…

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European Parliament committees back EU-UK trade deal

BRUSSELS, April 15 (Reuters) - The European Parliament's two committees overseeing relations with Britain voted overwhelmingly in favour of the EU-UK trade and cooperation agreement on Thursday, clearing the path…

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UPDATED: UK to respond to EU legal action over N.Ireland by mid-May

Britain has agreed with the European Union that it will respond to the bloc's legal action over how it has introduced new trading rules for Northern Ireland by mid-May, a…

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EU Parliament partly clears path to UK trade deal vote

The European Parliament gave the go-ahead for two key committees to vote this week on the EU-UK trade deal, but deferred a decision on whether the full parliament will give…

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UK economy grew in February as firms prepared for lockdown easing

Britain's economy grew by 0.4% in February from January as companies got ready for the lifting of a third coronavirus lockdown, official data showed on Tuesday. Economists polled by Reuters had expected growth…

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China pulls German trade up, but Brexit hits UK business

German exports rose in February, boosted by surging trade with China in a fresh sign that factories are busy in Europe's largest economy despite a sharp drop in trade with…

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Brexit weighs on French exports to Britain in February

French exports to Britain picked up 4% in February but were still at only 84% of the monthly average of the second half of 2020, as post-Brexit trade rules continued…

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Brexit vote sparked surge in Irish passports issued in Great Britain

The number of Irish passports issued in Great Britain rocketed in the years following the Brexit referendum, according to figures. The data emerged as it was revealed that the celebrated…

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Half of UK firms expect long-term post-Brexit disruption: survey

The majority of British firms have faced disruption with trade with the European Union since Brexit, with many expecting the problem to last for some time, according to a survey published on Saturday. A trade agreement between London…

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Brexit reality only hitting now, EU’s Barnier says

he European Union's former Brexit negotiator, Michel Barnier, said on Wednesday the reality of Britain's decision to leave the bloc was only now being felt, years after the British 2016…

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More than a fifth of small UK exporters have temporarily halted EU sales

More than a fifth of small British exporters have temporarily halted sales to the European Union and 4% have done so permanently, a survey showed on Monday, highlighting problems that…

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Irish assets worth 100 billion euros left London due to Brexit

Securities settlement for Irish assets worth more than 100 billion euros ($119 billion) has left London for the European Union in the latest adjustment in markets to Brexit. Pan-European exchange…

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Commission sends letter of formal notice to the United Kingdom for breach of its obligations under the Protocol on Ireland and Northern Ireland

The European Commission has sent today a letter of formal notice to the United Kingdom for breaching the substantive provisions of the Protocol on Ireland and Northern Ireland, as well…

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UPDATED: EU to take legal action over UK move to change terms of Northern Ireland protocol

Irish national broadcaster RTE is reporting that the European Union will take legal action today against the UK over its unilateral move to change the terms of the Northern Ireland Protocol.…

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Irish foreign minister says UK guilty of ‘perverse nationalism’

Ireland's foreign minister Simon Coveney said on Saturday that Britain was demonstrating "perverse nationalism" by seeking to reach a trade deal with the United States before the European Union and…

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Close EU scrutiny of Brexit hubs to continue indefinitely, says regulator

Close scrutiny of UK financial firms' European Union outposts will continue indefinitely, the bloc's securities watchdog said, as regulators begin a round of new checks on how they are operating.…

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The COVID/Brexit cocktail: UK lost market share in U.S., Germany and China

The United Kingdom lost market share in the United States, Germany and China during the COVID-19 pandemic due to global trade chaos, Brexit and poor productivity, according to new research…

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UPDATED: Britain will iron out technical issues with EU, says PM Johnson

British Prime Minister Boris Johnson said on Sunday his government would iron out what he described "technical issues" with the European Union over post-Brexit trade. Asked about an article in…

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UK to publish post-Brexit defence and foreign policy review on March 16

LONDON, March 5 (Reuters) - Britain will publish a review of its post-Brexit defence, security and foreign policy priorities on March 16, Prime Minister Boris Johnson's spokesman said on Friday.…

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EU not interested to protect Belfast peace agreement – N. Ireland first minister

LONDON (Reuters) - Northern Ireland's first minister said that the European Union's actions have shown that its priority is protecting the trading bloc, not the Belfast peace agreement. "What they're…

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EU court orders Britain to fix air pollution, in first post-Brexit ruling

The European Union's top court ruled on Thursday that Britain had breached the bloc's air pollution limits for years and ordered it to comply with the rules, raising the possibility…

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UPDATED: EU ‘simply can’t trust’ Britain as negotiating partner – Ireland’s Coveney

Britain's decision to make unilateral changes to Northern Irish Brexit arrangements is "not the appropriate behaviour of a respectable country" and will erode trust with the European Union, senior Irish…

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EU vows legal response as UK moves unilaterally on Northern Ireland

The European Union promised legal action on Wednesday after the British government unilaterally extended a grace period for checks on food imports to Northern Ireland, a move Brussels said violated…

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UK fishing sector sees more job losses if post-Brexit export troubles not tackled soon

Britain could lose more jobs in its fishing sector if the current delays and increased costs involved in exporting to the EU post-Brexit are not ironed out soon, industry groups…

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Brexodus from City of London to the EU slows

The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc,…

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EU auditors highlight risks of Brexit Adjustment Reserve

In an opinion published today, the European Court of Auditors (ECA) raises some concerns over the recent proposal for a Brexit Adjustment Reserve (BAR). This €5 billion fund is a…

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UK to create visa for workers in fast-growing firms

LONDON, Feb 26 (Reuters) - Britain will create a new category of visa to allow certain fast-growing businesses to hire high-skilled migrants with fewer checks than under current procedures, finance…

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Britain sets out blueprint to keep fintech ‘crown’ after Brexit

Brexit, COVID-19 and overseas competition are challenging fintech's future in Britain and the country should act to stay competitive, a government-backed review said on Friday. Britain's departure from the European…

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Malta: Inspections on second hand agricultural machinery imported from UK from March

All imports of second hand agricultural machinery imported from third countries including the United Kingdom will be subjected to import control by the Plant Protection Directorate, as from 1 March,…

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Northern Irish Brexit issue is two-way street

Britain must show it is fully using the avenues available under the Brexit divorce deal to minimise trade disruption in Northern Ireland before seeking concessions, a senior EU official said.…

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Northern Ireland parties take legal action against Brexit deal

Members of Northern Ireland’s two largest pro-British parties are set to take part in legal action challenging part of Britain’s divorce deal with the European Union, the parties said on…

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UK could declare Brexit ‘water wars’

Britain could restrict imports of European mineral water and several food products under retaliatory measures being considered by ministers over Brussels' refusal to end its blockade on British shellfish, the…

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EU to allow continued data flows to UK following Brexit

BRUSSELS, Feb 19 (Reuters) - The European Commission said on Friday Britain's data protection laws were in line with the European Union's and that it would start a process to…

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More ‘Brexit’ companies shift to the Netherlands as uncertainty persists

The flow of businesses moving to the Netherlands because of Brexit remained strong in 2020, even though foreign investment fell by a quarter as the coronavirus pandemic hit, the Netherlands…

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Brexit causing supply problems for small UK manufacturers – survey

LONDON, Feb 15 (Reuters) - New post-Brexit trade restrictions have pushed up the cost of parts and raw materials for two thirds of small British manufacturers surveyed last month, and…

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UK downplays risk of EU poaching City of London business

Britain on Sunday downplayed the risk of the European Union taking business away from the City of London after Brexit, saying the real challenges come from New York, Tokyo and…

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Britain, EU stress commitment to solve N.Ireland border row

Britain and the European Union on Thursday reiterated their commitment to resolve post-Brexit trade frictions over the Northern Ireland border in the wake of a row over COVID-19 vaccines. Senior…

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BoE’s Bailey warns EU not to pick a fight on finance

Bank of England Governor Andrew Bailey urged the European Union on Wednesday not to pick a fight with Britain over its huge financial services industry after Brexit, and said the…

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Britain to take much bigger GDP hit from Brexit than the EU -Commission

Britain's exit from the European Union will cost the bloc around 0.5% of economic growth over the next 24 months, but Brexit will be more than four times more painful…

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Nearly half of UK goods exporters see Brexit trade trouble, BCC says

Just under half of British companies that export goods have run into difficulties caused by the Brexit shift in trade terms with the European Union since the start of the…

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UPDATED: EU rejects most UK demands on Northern Ireland trade, Ireland calls for calm

Ireland on Thursday called on the European Union and Britain to dial down the rhetoric in a blame game over post-Brexit trade frictions after Brussels rejected most of London's demands…

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UK says it’s not yet at ‘gin and tonic’ stage with EU after Brexit

LONDON, Feb 9 (Reuters) - Britain said on Tuesday its relations with the European Union after Brexit had been problematic due to differences over everything from vaccines and Northern Ireland…

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UK has more EU citizens than some member states, Gove says

The United Kingdom has granted settled status to 4.3 million European Union citizens, more than the population of some of the bloc's member states, indicating that Brexit has not led…

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EU rebuffs UK demand to soften N.Ireland Brexit trade terms

DUBLIN/LONDON, Feb 3 (Reuters) - The European Union on Wednesday rebuffed a British demand to extend a grace period for checks on goods going from Britain to Northern Ireland, saying…

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UK asks EU for Brexit grace period extension to 2023, BBC reports

LONDON (Reuters) - Britain has asked for an extension until 2023 of a grace period on checks that would be conducted on trade moving between Northern Ireland and the rest…

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UK factory growth slows as COVID and Brexit combine – IHS Markit

LONDON, Feb 1 (Reuters) - A gauge of British manufacturing growth was its slowest in three months in January as the combined impact of COVID-19 and Brexit weighed on new…

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UK confident of COVID vaccinations after securing EU guarantees

LONDON, Jan 31 (Reuters) - Britain is confident its COVID-19 vaccination programme is secure after receiving guarantees from the European Union, the trade minister said on Sunday, trying to smooth…

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After outcry, EU reverses plan to restrict vaccine exports through Irish border

LONDON/BRUSSELS, Jan 29 (Reuters) - The European Union on Friday abruptly reversed a plan to use emergency Brexit measures to restrict exports of COVID-19 vaccines from crossing the Irish border into the…

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Britain starts work on post-Brexit asset management sector

LONDON, Jan 26 (Reuters) - Britain set out options on Tuesday for increasing the global attractiveness of its 9.9 trillion pound ($13.59 trillion) asset management sector after Brexit put European…

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Mastercard to increase charges for UK purchases from EU – FT

Financial Times - Mastercard will increase fees more than fivefold when a British shopper uses a debit or credit card to buy from an EU-based company, sparking alarm among companies…

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MEPs vote to add Channel and British Virgin Islands to tax haven blacklist

The European parliament is pushing for UK overseas territories including the British Virgin Islands, Guernsey and Jersey to be added to an EU tax havens blacklist after the conclusion of…

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UK keeping its borders open for now -environment minister

Britain is keeping its borders open for now environment minister George Eustice said, after speculation that the country could be completely shut to arrivals, after it recently tightened requirements for…

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