Bank of England chief Andrew Bailey warns the EU against ‘serious escalation’ of post-Brexit row over City firms, warning that its attempts to force them to relocate in the eurozone would be of ‘dubious legality’ Andrew Bailey faced MPs on the Treasury Committee this afternoon Europe’s top banks asked to justify why they should be … Read more
Rosamund Pike has told how the UK ‘feels very far away suddenly’ as she navigates living in Prague in a post-Brexit climate. The British actress, 42, explained how she moved to the Czech Republic with her partner of 10 years, mathematician and a businessman Robie Uniacke, 60, and their two sons Solo, eight, and Atom, six, while … Read more
Luvvies’ labours lost: National Theatre shelves plans for European tour because of extra costs of visas and work permits after Brexit Actors and musicians must now apply for visas and permits to perform in the EU National Theatre said tours not financially viable due to lack of clarity and costs Union members including Julie Walters … Read more
Despite its amazing vaccine credentials, GlaxoSmithKline has not had a good war against Covid-19. It has been disappointing for chief executive Emma Walmsley that results from its collaboration with France’s Sanofi have fallen way behind, and it has dropped a partnership with China’s Clover. No one can accuse GSK of despairing. Along with its pre-tax … Read more
UK businesses that export to the EU are reportedly being encouraged by trade officials to set up hubs across the Channel so they can avoid post-Brexit disruption. Some firms claim they have been advised to set up subsidiary companies in the EU so they can avoid extra paperwork when exporting products into the trade bloc. … Read more
Post-Brexit hiccups ‘will add £1.50 to a bottle of fine wine’… which is bad news for connoisseur Michael Gove Extra paperwork and haulage costs due to Brexit could add £1.50 to wine bottles Wine importers have warned the new export documents would push prices up Research found around 28m British consumers drink wine at least … Read more
For four tempestuous days and nights the trawler Sam of Ladram had been scooping up cuttlefish, 20 miles off our South-West coast. By Thursday morning the storm had abated, and I watched its five crew offload the inky catch — known as ‘black gold’ in these parts — in their home port of Brixham, Devon. … Read more
Post-Brexit shoppers are paying a third more for EU goods as red tape is confusing Continental retailers amid chaos at the ports. Tens of thousands of internet buyers are checking out without realising they will be asked to stump up extra VAT and customs duties when their parcel arrives. Delivery company DPD asked one shopper … Read more
Scottish seafood companies must now complete up to seven documents just for a single lorry carrying one species to export to the European Union following Brexit, bosses warned today. The papers that must be filled in are an export health certificate, catch certificate, customs export declaration, endangered species permit, common health entry document, storage document … Read more
Cargo freight from France and Germany to Britain is down 50 per cent on the same point last year amid post-Brexit turmoil at border points and ports, a London-based accountancy firm has warned. ‘The Government needs to step up now and explain how this is going to be resolved’, Alex Altmann, a partner and head … Read more