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Brexit letter warns of 7,000-truck queues in Kent

Brexit letter warns of 7,000-truck queues in Kent

Business
Exporters to the EU face 7,000-truck-long queues in Kent and two-day delays to trade after the Brexit transition period ends, the government has warned.Imports will also be disrupted in January, according to a letter from cabinet minister Michael Gove to the freight industry, seen by BBC News. It also raises the prospect of a winter spike in Covid-19 leading to absences of port and border staff.The transition period is due to expire at the end of the year.Mr Gove, the Chancellor of the Duchy of Lancaster, responsible for no-deal planning, wrote to logistics groups with the government's "reasonable worst-case scenario" planning for when the UK leaves the EU's single market and customs union rules on 1 January. He will outline the scenario, which the Cabine...

Former UK leaders unite to slam Boris Johnson on Brexit plan

World
The two former British prime ministers who played crucial roles in bringing peace to Northern Ireland have urged lawmakers to reject government plans to override the Brexit deal with the European UnionBy PAN PYLAS Associated PressSeptember 13, 2020, 10:10 AM• 4 min readLONDON -- Two former British prime ministers who played crucial roles in bringing peace to Northern Ireland joined forces Sunday to urge lawmakers to reject government plans to override the Brexit deal with the European Union, arguing that it imperils that peace and damages the U.K.'s reputation.In an article in The Sunday Times, John Major and Tony Blair slammed the current British government for “shaming” the country with legislation that, in places, goes against the very deal it signed to allow for the U.K.'s smoo
The state aid ironies at the heart of the Brexit trade talks

The state aid ironies at the heart of the Brexit trade talks

Business
Here's the irony: up until recently, if there was one part of the European Union which most Conservatives said they actually rather liked, it was the state aid regime.This, after all, was the one bit of the single market that Britain put most store by. Indeed, back in the 1980s when it was being tailored over successive summits, Britain, more than any other country, really wrote it. And for good reason: the whole point of state aid rules is to prevent other countries from unfairly supporting their national champions. ...
Johnson says UK will quit Brexit talks if no deal by Oct 15

Johnson says UK will quit Brexit talks if no deal by Oct 15

World
Prime Minister Boris Johnson is talking tough ahead of a crucial round of post-Brexit trade talks with the European UnionBy JILL LAWLESS Associated PressSeptember 6, 2020, 9:53 PM• 4 min readShare to FacebookShare to TwitterEmail this articleLONDON -- British Prime Minister Boris Johnson talked tough on Sunday ahead of a crucial round of post-Brexit trade talks with the European Union, saying Britain could walk away from the talks within weeks and insisting that a no-deal exit would be a “good outcome for the U.K.”With talks deadlocked, Johnson said an agreement would only be possible if EU negotiators are prepared to “rethink their current positions.”The EU, in turn, accuses Britain of failing to negotiate seriously.Britain left the now 27-nation EU on Jan. 31, three-and-a-half years afte
BoE governor tells banks to prepare for no-deal Brexit

BoE governor tells banks to prepare for no-deal Brexit

Business
The governor of the Bank of England (BoE) has told Britain's biggest lenders to intensify preparations for a "no trade deal" Brexit amid growing signs of deadlock between London and Brussels.Sky News has learnt that Andrew Bailey said during a call with bank chief executives on Tuesday that they should accelerate planning for the UK ending the transition period at the end of the year without an agreement. The instruction came as Britain's major high street banks grapple with the impact of the coronavirus pandemic on their balance sheets, with tens of billions of pounds of soured loans expected to materialise as a result of the crisis. ...