Brexit: Lord Adonis issues warning over shellfish exports
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A new review, which was commissioned by the Treasury and undertaken by Ron Kalifa, former CEO of payments giant Worldpay, has outlined Brexit Britain’s fight to lead the world on fintech. The former company chief claimed Britain's departure from the European Union had cut the industry's access to the world's biggest single market.
And the report warned Brexit has made the UK less attractive for finance and technology giants wanting to expand internationally.
But it said a new billion-pound start-up fund, combined with fast-tracking work visas for hiring the best talent globally, could boost the nation.
Mr Khalifa said it was important for the UK "our place in the world" and "bringing innovation" into the sectors.
He added: "If the UK is to retain its position as a global leader in financial services, then we must lead this technological revolution.
The fintech review urged the UK to be more cooperative (Image: GETTY)
Boris Johnson pledged the strength of a post-Brexit Britain (Image: Getty Images)
"Just as we led in previous industrial revolutions, we must do so again in this one."
Last night, Whitehall sources said the UK would be the "crown jewel of the fintech world", weeks after it became clear Amsterdam had begun a powergrab for London’s financial services.
They added: "Just because we have left the EU and single market, we are not missing them.
“We will thrive in a post-Brexit world.
"The report will be responded to in due course."
It comes amid fears EU cities such as Amsterdam could take London's crown as the centre of the continent for finance.
It is expected an agreement between Brussels and London on financial services will be finalised this week.
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Ursula von der Leyen has been warned by a German MEP that a vaccine export ban would be a "very dangerous road".
The ban is due to be debated virtually by leaders of the 27 EU member states on Thursday.
The European Union has been accused of showing itself to be the “virus and not the vaccine”, with a leading Eurosceptic claiming Brexit Britain has left Brussels humiliated with its successful Covid jab rollout.
Britain has received widespread acclaim for the rollout of its coronavirus vaccination programme and the speed at which it is administering jabs to its 67 million citizens.
The UK has so far administered more than 26 million vaccine doses, with Prime Minister Boris Johnson aiming for every citizen to receive their first jab over the next few months in time for the busy summer period. But in contrast, the European Union has come under attack for its sluggish rollout of jabs and has been embroiled in fierce rows with vaccine makers, including AstraZeneca, over production issues.
Brussels chiefs suffered a savage attack by a Spanish MEP over the bloc’s relentless attacks on Britain.
Vox MEP Hermann Tertsch argued EU leaders lack the ability to recognise their mistakes and listen to European citizens concerns. Asked how he judged the bloc’s attitude towards the UK during and after the Brexit negotiations, the Spanish politician told Express.co.uk he believes EU chiefs are “stubborn”.
Douglas Carswell celebrates UK avoiding euro and backing Brexit in brutal Brussels swipe (Image: Getty)
Robert Peston hit out at the BBC’s Brexit coverage after the referendum in 2016, saying aspects of its approach were not impartial.
A huge Brexit row has erupted after a fish producers organisation said Northern Ireland’s fishermen are being “mugged off in broad daylight”.
The Anglo-North Irish Fish Producers Organisation (ANIFPO) said the country is due around £20m a year of Brexit dividend fish returned by EU fleets but fumed it may only receive half of that sum.
The organisation claimed much of Northern Ireland’s “fair share” from this will in fact go to Scotland. ANIFPO chief executive Alan McCulla has been left furious with the UK Government, and warned if the share out is approved, it would be an “unjust and bitter blow to our sector”.
A no deal Brexit is still a possibility because of the recent breakdown in relations between the UK and EU, an influential House of Lords committee has warned.
The EU committee has will warn in a report published on Monday the threat of no deal remains", The Guardian has reported, with the European Parliament having not yet set a date for its vote on the post-Brexit trade deal.
Committee chairman Lord Kinnoull, said there were "noises" coming from Brussels that it might delay the ratification of the agreement beyond the current deadline of April 30. This would potentially risk a further escalation in tensions over the deal that was signed on Christmas Eve.
Brussels could grant Britain extra leeway to help eliminate some post-Brexit trade checks on Northern Ireland.
Irish foreign minister Simon Coveney said EU chiefs were open to exploring "flexibilities" but only if Downing Street publishes its plan to implement the protocol to avoid a hard border.
He said if the UK delivers a clear road map setting out how it will implement the border plan then the bloc would be more willing to offer concessions.
Mr Coveney tonight met with Commission vice-president Maros Sefcovic, who is now responsible for Brexit, to discuss the Brexit divorce deal's so-called Northern Ireland Protocol.
The European Union has been attacked by a political commentator for its ongoing frustration directed at the UK over its vaccine success.
Political commentator John Rentoul insisted the EU can’t stand Brexit or an independent Britain succeeding.
While speaking to Mike Graham on TalkRadio, Mr Rentoul argued the EU’s frustration at the UK over its successful vaccine campaign is linked to Brexit. He noted that Brexit made it easier for Britain to choose its own path.
Melanie Kaidan takes over live reporting from Luke Hawker.
9.45pm update: Tory rebels defeated in Commons vote over trade bill
Tory rebels have failed in their bid to prevent ministers signing trade agreements with countries implicated in genocide.
The House of Commons voted 319 to 297, majority 22, to disagree with a Lords amendment to the Trade Bill.
This would have established a parliamentary panel of judicial experts to determine whether any proposed signatory to a trade agreement with the UK had committed genocide.
Brexit could cause a major problem for the tuna industry in Italy, it has emerged.
Italian newspaper Corriere della Sera reported the UK’s exit from the bloc will "result in a new distribution of the catch quotas managed worldwide by ICCAT (International Commission for the Conservation of Atlantic Tunas)."
The ICCAT distributes quotas every year between EU and non-EU countries.
A meeting of Brussels ministers due to take place today and tomorrow is considering giving the UK a share to the detriment of the EU's tuna quota.
The news has sparked fury in Italy, where lobby group Fedagripesca-Confcooperative is demanding that "the problem be addressed".
EU 'can't stand Brexit' says commentator
Brexiteer Douglas Carswell has brilliantly exposed a list of historical pro-EU arguments in a post on social media, as Brexit Britain continues to speed ahead of Europe in the coronavirus vaccine rollout.
The former MP has drawn attention to three pivotal moments in the relationship between the UK and the European Union.
The Vote Leave co-founder heaped praise on Britons who held an "unfashionable opinion" of being against the UK joining the euro and in favour of Brexit.
The EU’s ongoing vaccine rollout problems, typified by European Commission President Ursula von der Leyen’s brazen threat to block exports to the UK, neatly illustrate all of the bloc’s inherent flaws, a Brexiteer has said in a brutal takedown.
Professor Tim Congdon, who stood for UKIP in the 2010 general election, suggested by contrast, Britain's speedy response would ensure its economy would recover between six and nine months before its European neighbours. Prof Congdon was speaking during a webinar organised by the Bruges Group think tank on Friday, Britain at the Crossroads: Options for the UK, which considered what the nation's priorities needed to be having quit the EU .
Germany's economy is facing a sharp contraction as a result of ongoing coronavirus restrictions coupled with the collateral damage caused by Brexit, a new Bundesbank analysis has warned.
Measures in place aimed at slowing the spread of COVID-19 have hit the services sector and even the construction industry, Germany 's national bank said. vaccination campaign, plagued by delivery delays and news reports of possible side-effects, as a possible catalyst.
Five key moments that led to Brexit (Image: EXPRESS)
BBC's Katya Adler has brilliantly summed up the vaccine chaos in the EU and highlighted how a threat of export bans to the UK could open up huge divisions within the bloc.
The BBC's Europe Editor provided a summary of the shambolic vaccine programme in Europe in a detailed thread on social media, as Brussels weigh up a ban on sending supplies of the AstraZeneca jab to Britain.
European Commission President Ursula von der Leyen is under mounting pressure to accelerate the number of inoculations in the EU, as Europe prepares for a third coronavirus wave.
The EU chief has already warned the bloc has the power to “forbid” doses from leaving Europe and leaders will meet later this week to discuss banning exports of the AstraZeneca jab from its plant in the Netherlands.
It comes as the UK has administered first doses to more than 50 percent of all adults – compared to around 10 percent across the EU27.
The swift decision by a string of European countries to momentarily suspend the use of the AstraZeneca vaccine was “politically motivated” and not at all related to fears about potential blood clots, according to the director of EuroIntelligence.
Wolfgang Münchau said if the vaccine had carried a high risk of blood clots, such dangerous side-effects “would have surfaced by now” in the UK.
Financial services were excluded from the initial Brexit deal (Image: GETTY)
2:45pm update: Powersharing in Northern Ireland will continue despite claims
A senior Democratic Unionist has rejected a suggestion his party is considering collapsing powersharing in Northern Ireland in protest at Brexit ‘s Irish Sea trading border.
Stormont Education Minister Peter Weir also dismissed a report that the party was set to block the passage of Irish language legislation at Stormont amid the intensifying row over the Northern Ireland Protocol.
Mr Weir said he was “bemused” by both claims.
The European Union has been accused of risking British lives with its attacks on the Oxford vaccine after polling revealed confidence in the jab has slumped across the bloc.
A host of member states banned the Covid jab's use over unsubstantiated claims it causes blood clots.
Most nations have now resumed their programmes after the fears were dismissed by European medical regulators the EMA.
But the temporary suspension has had a detrimental impact on trust in the AstraZeneca vaccine's safety.
Boris Johnson will stand up to EU leaders this week and warn them of the consequences of banning vaccine exports to the UK in a series of crunch phone calls.
With the UK and EU on the brink of a vaccine war, the Prime Minister is expected to speak to his counterparts on the continent and threaten retaliatory action if a ban on jabs being shipped to the UK is implemented.
His calls will take place ahead of a Brussels summit on Thursday when EU leaders will hold a virtual meeting and vote on blocking shipments of Covid doses to outside the bloc.
"Independence would be like Brexit on a rocket to Mars", Scottish LibDem leader Willie Rennie said (Image: Getty)
The EU knows it’s breaking the law with its threat to ban jab exports, a UK insider has said, lashing out at Brussel’s vaccine brinkmanship.
Tensions were on the tip of boiling over last night with the EU making a series of fresh threats to the UK’s vaccination programme.
Britain is calling on AstraZeneca jabs produced at a factory in the Netherlands to be shipped to the UK.
11.15am update: Starmer seeks to move on from Brexit as by-election looms
Sir Keir Starmer said Labour would not fight “yesterday’s wars” as he defended the party’s pro-EU candidate in the Hartlepool by-election.
Dr Paul Williams, who was an opponent of Brexit and backed a second referendum, is standing in the constituency in which almost 70% voted to Leave in the 2016 referendum.
Sir Keir said: “We have left the EU, neither Paul nor I are suggesting a people’s vote, we have left the EU, we have got a deal, we have got to make it work and we don’t want to rejoin.
10.30am update: EU fishing panic as Danish fishermen raged at Brexit deal
The European Union’s fishermen are adjusting to life after Brexit, but Danes have expressed concerns for their livelihoods as a result of the deal with Brussels.
The UK’s trade deal with the EU has resulted in changes to the fishing quotas enjoyed by European vessels in British waters.
This agreement ensures that 25 percent of EU boats’ fishing rights in UK waters will be transferred to the British fleet over a period of five years.
The FinTech sector contributes over £6bn to the UK economy annually (Image: GETTY)
Brussels will target a Dutch vaccine factory in what is a German-led crackdown on exports to outside the EU.
The blockade on life-saving Covid jabs is said to be driven by fears Angela Merkel's Christian Democrats could be decimated at the polls in September's parliamentary elections.
As a result of pressure from Berlin, European Commission President Ursula von der Leyen is expected to stop the export of AstraZeneca vaccines from a Dutch plant to Britain.
8:30am update: Scottish independence like ‘Brexit on a rocket to Mars’
Independence for Scotland would be like Brexit on a rocket to Mars, Scottish Liberal Democrat leader Willie Rennie has said.
Speaking at the UK Liberal Democrat spring conference, Mr Rennie said now is not the moment for the “long, divisive, argumentative, exhausting, all-consuming event” of another referendum on the issue.
He added: “And we had Brexit. The scars are deep. Independence would be Brexit Mark 2. Independence would be like Brexit on a rocket to Mars.”
8am update: MPs urged to support Trade Bill amendment
MPs can “send a signal” to China and “give hope” to victims of human rights abuses by supporting a House of Lords amendment to the Trade Bill on Monday, a former Conservatives leader said.
The Government will seek in the Commons to overturn the amendment which would limit its ability to strike agreements with countries involved in the most serious human rights abuse.
Sir Iain Duncan Smith joined the voices of senior Tories who have called for relations with China to be cooled, despite the Prime Minister’s Integrated Review of security, defence, development and post-Brexit foreign policy published last week calling for a “positive trade and investment relationship” with Beijing in the run-up to 2030.
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