Brexit News, Chapter News, News, Uncategorized

Implications for Business and Trade of a No Deal Exit on 29 March 2019

Produced by the Cabinet Office, HM Government  26 February 2019 Summary The Government’s primary aim is to ensure that the UK leaves the EU on 29 March with a negotiated deal which will honour the result of the referendum. However, as a responsible government, it continues to plan for all eventualities, including one in which the UK leaves the EU without a deal. Guidance for businesses and citizens on how to prepare for a no deal scenario can be found on the Government’s Exit guidance website, www.gov.uk/EUExit. Over...

Read more

Brexit News, Chapter News, News, Uncategorized

VIDEO: A second Brexit referendum is back on the table. What might be on the ballot?

  Jeremy Corbyn, leader of Britain’s opposition Labour Party, announced today that he was prepared to back a second referendum on Brexit. A People’s Vote would give Britons a chance to state their views with far greater knowledge than they had at the time of the 2016 referendum, but the question of what should be on the ballot would itself be highly divisive. Agreeing on the form a referendum should take would do nothing to calm Brexit tensions. Compliments of The...

Read more

Chapter News, News, Uncategorized

A Trump trade war with Europe would hurt the trans-Atlantic relationship

By Guy Verhofstadt Since the end of the World War II, Western nations have shared the belief that international trade was a virtue. While progress has too often been lethargic, in the decades since, the United States and European nations have worked together to reduce barriers to trade. This went hand in hand with a special bond between our two continents -- culturally, militarily, as a broad alliance of free nations. Together, progress has been achieved in the form of the institutions...

Read more

Brexit News, Chapter News, News, Uncategorized

No Deal and the Union…. Do Brexit Supporters Know Where They are Going?

By John Bruton, February 10,2019  We seem to be sliding inexorably toward a “No Deal” Brexit. Mrs May’s decision to prioritize a deal with the Brexiteers in her own party, over a possible deal with the Opposition, and the time limits imposed on all of us by Article 50, make a No Deal much more likely than it was a week ago. The EU is a rule based organisation, and it cannot afford to break its own rules if it wants to maintain...

Read more

Uncategorized

Exit Interview: EU’s Envoy to Washington on Navigating Challenges in the Transatlantic Relationship

By Ashish Kumar Sen and David A. Wemer, of the Atlantic Council David O’Sullivan, the European Union’s ambassador to the United States, wraps up his time in Washington at the end of February. The last two years of his tenure have been challenging ones for the transatlantic relationship. That challenge mainly comes from US President Donald J. Trump who once described the EU as a “foe.” In an interview with the New Atlanticist, O’Sullivan discusses the challenges in the relationship as...

Read more

Brexit News, Chapter News, News, Uncategorized

Brexit pushes UK business confidence to its lowest level in nearly a decade

By Hadas Gold, CNN Business February 4, 2019 London (CNN Business)- Companies in the United Kingdom are spending less and scaling back plans because of Brexit fears that have pushed business confidence to its lowest level in a decade. The dire outlook was revealed Monday in surveys published by Deloitte and the Institute of Chartered Accountants in England and Wales. Deloitte found that chief financial officers have adopted their "most defensive strategy stance in nine years." Revenue growth expectations have dropped to their lowest level...

Read more

Brexit News, Chapter News, News, Uncategorized

Speech by Michel Barnier at the European Economic and Social Committee on 23 January 2019

Mr President, dear Luca Jahier, Dear Members of the European Economic and Social Committee, On 6 July 2017, at the very start of the negotiations with the UK, I had the pleasure of addressing you. At the time, I said that everybody needed to prepare for Brexit. I also said that, given the consequences of Brexit, it would not be business as usual: there can be no frictionless trade outside the Single Market and the Customs Union. And finally, I also said to you...

Read more

Brexit News, Chapter News, Uncategorized

EY UK economic forecast

The UK economy will experience tepid growth in 2018 due to a combination of higher inflation, reduced consumer spending and a loss of momentum in the eurozone economy. Our latest summer forecast expects UK GDP to grow by 1.4% in 2018 (the weakest performance since 2012) and 1.6% in 2019 (downgraded from 1.6% and 1.7%, respectively, in the EY ITEM Club’s Spring Forecast). A weak first quarter, with GDP rising by 0.2% quarter-on-quarter (q/q) gave the economy a bad start to...

Read more

Chapter News, Uncategorized

EU – India Summit: strengthening our strategic partnership and moving forward with our common agenda

The 14th Summit between the European Union and India was held today in New Delhi, marking 55 years of diplomatic relations between the world's two largest democracies. The European Union was represented at the Summit by the President of the European Commission, Jean-Claude Juncker and the President of the European Council, Donald Tusk. India was represented by Prime Minister Narendra Modi. The High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Federica Mogherini also attended. The European Union and India have issued...

Read more