No-deal tariff regime would be ‘sledgehammer’ to UK economy, CBI warns BelfastTelegraph.co.uk A new tariff regime on EU products in the case of a no-deal Brexit will act as a “sledgehammer” to the UK economy, business has warned. https://www.belfasttelegraph.co.uk/news/northern-ireland/nodeal-tariff-regime-would-be-sledgehammer-to-uk-economy-cbi-warns-37908608.html https://www.belfasttelegraph.co.uk/news/northern-ireland/article37908609.ece/a3bdd/AUTOCROP/h342/bpanews_ee1a177b-3f05-491b-bd68-ac979fb04e4f_1 Email A new tariff regime on EU products in the case of a no-deal Brexit will act as a “sledgehammer” to the UK economy, business has warned. The new levies, to be imposed from the day after a March 29 Brexit if MPs vote for a no-deal withdrawal, would force up prices on EU imports including cars and many food products. The unilateral and temporary regime includes levies of 10.6% on European cars and trucks which had previously been free of … [Read more...] about No-deal tariff regime would be ‘sledgehammer’ to UK economy, CBI warns
Brexit will destroy uk economy
Business By Dharshini David Economics correspondent 10 February 2019 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/business-47168866 Read more about sharing. These are external links and will open in a new window Close share panel Related TopicsBrexit There may still be more than a month to go until Brexit is … [Read more...] about What effect has Brexit had on the UK economy?
Could Brexit be about to break the mould of British politics? There are certainly many who would like it to be so. While some way away from registering a name and logo with the Electoral Commission, the establishment of a London office for the Trumpite Turning Point group is one sign that the radical neo-Thatcherite hard-Brexit wing of the Conservative Party is feeling increasingly attracted to a more exclusive, ideologically pure kind of political club. Jacob Rees-Mogg, inevitably, is supporting it. Turning Point UK, which, given its name, presumably wishes to have a revolutionary edge to its counter-revolutionary activities, is planning to visit British universities, which its leaders say will cause a “disruption in socialist ideology”. No safe spaces, then. Join Independent Minds For exclusive articles, events and an advertising-free read for just £5.99 €6.99 $9.99 a month Start your free trial Get the best of The Independent With an Independent Minds … [Read more...] about Opinion: Turning Point UK and moderate pro-Brexit groups will destroy the party system
James Kirkup 17 January 2019 7:14 PM 17 January 2019 7:14 PM Share Twitter Facebook LinkedIn Email Whatsapp Are some Brexiteers addicted to disappointment and frustration? Do they so crave the righteous indignation that flows from being thwarted that they are actively trying to sabotage their own project? How else to explain the extraordinary strategic incompetence of Tory MPs who say they want Britain to leave the EU yet behave in a way that makes it increasingly likely that Britain will not do so? Brexit-backing readers may well dismiss my thoughts on Brexiteer strategy because I am, of course, a dreadful Remainer. More accurately, I voted to remain and I believe that leaving the EU will give the UK a range of possible futures that are less economically beneficial than those we’d have if we remained a member. And yet I think Britain should leave the EU, because that’s what Britain voted to do. This is not a comfortable position to be in. … [Read more...] about Brexiteers are destroying their own dream
IT boils down to this. Does Theresa May seriously intend to allow the EU to dictate whether Britain can leave its customs union? Or will she insist on the national sovereignty 17.4million voted for? Because if she fails to deliver the latter, all hell will break loose. It is incredible to see EU leaders demanding, with a straight face, the power to stop us finally leaving without their permission. They know they would never grant it — why would they? Using the trumped-up Irish border “problem”, they would prevent us from ever signing our own trade deals. They would shackle forever the trade policy of the world’s fifth-largest economy. Despite Brexit’s uncertainty, booming Britain has attracted the world’s second-highest levels of investment this year. That is exactly what the EU fears. It is why they want to neuter us as an independent trading power. Just imagine the hoots of triumph — and joyous disbelief — in Brussels if they … [Read more...] about If Theresa May fails to deliver Brexit based on UK terms all hell will break loose