Small businesses in the UK are diverting over £10bn worth of exports away from the EU claiming that they are “jumping before they are pushed” as concerns over the success of the Brexit negotiations rise again.
The UK plans to impose tariffs on imported cars and a range of agricultural food items, but will slash them on a swathe of other goods, it was announced on Tuesday, as the government outlined its post-Brexit duty regime.
The UK and the European Union may not be able to reach an agreement on Brexit if Brussels insists on new and unbalanced approach based on requiring "a level playing field", the country's top negotiator said.
Workers without a university degree will be the worst affected by the economic crisis triggered by the Covid-19 virus that has already led to hundreds of thousands of layoffs, reduced hours and furloughs.
The European Union's chief Brexit negotiator Michel Barnier said he had tested positive for Covid-19, further throwing into doubt the timetable for trade talks with the UK.
The UK government unveiled its strategy for post-Brexit trade negotiations with the European Union which were scheduled to begin during the following week, holding out the possibility of a no-deal exit if sufficient progress had not been achieved by June.
The Institute of Fiscal Studies said there needs to be a tax hike if the Chancellor wants to go ahead with excessive budget spending or he could risk breaking borrowing rules.
The UK government should seek maximum access to EU markets when it sets out its position for trade talks, a survey of business leaders said.
The EU will include a clause in the Brexit trade deal negotiations demanding that the UK maintain a ban on chlorinated chicken or risk a no-deal Brexit.
The UK’s smaller towns are set to fall further behind big cities over the next three years when it comes to growth, said EY in its latest report.
The UK government on Wednesday unveiled plans to close its borders to unskilled workers and non-English speakers as part of its new immigration policy.
Spain’s foreign minister Arancha González has welcomed post-Brexit talks with the UK and said it was an “incredible opportunity” for the countries to discuss the status of The Rock.
The UK government is set to disrupt business in the country and for companies operating in Europe as it plans to diverge from the European Union’s sanctions regime and impose trade barriers post-Brexit.
The government has decided to go ahead with the HS2 link for high-speed rail between London, the Midlands and northern England after months of uncertainty over the £106bn project.
The UK government is calling on the European Union to agree to a "permanent equivalence" plan for financial services to maintain the City of London's access to the European market after Brexit, the Financial Times reported.
Analysts at Jefferies sounded a 'bullish' note on UK equities, telling clients that "Brexit is done but UK equities are not".
Accountancy firm KPMG released a report on Monday claiming that the number of UK businesses that were collapsing into administration was on the rise.
There are currently 1 in 5 people in the UK (14. 0m) living in poverty and struggling to make ends meet, said the latest report from the Joseph Rowntree Foundation on Friday.
Business leaders are demanding a revamp of the UK apprenticeship system on National Apprenticeship Week to allow small businesses the possibility to afford more apprentices.
The opening salvos of trade talks between the European Union and UK were fired on Monday as both sides clashed over alignment of rules in any post-Brexit agreement.