Commenting on the deadlock in the Brexit deal, the President of the European Council, Charles Michel, said on Wednesday that “we want an agreement, but not at any price”. Additional comments: Equal conditions are a matter of fair competition. Stopping access to UK waters would cost extraordinary damage to the EU fishing fleet. We respect […]
Tag: United Kingdom
The top priority is protecting the greatest number of jobs and businesses
The British Finance Minister, Rishi Sunak, said Wednesday that his top priority is to protect as many jobs and businesses as possible through this global pandemic. coronavirus without precedents. Commenting on public finances, Sunak said that “things would have been much worse.” “The government will take the necessary measures to ensure the long-term health of […]
Annual inflation meets expectations and grows 0.5% in September
The UK Consumer Price Index up 0.4% in monthly reading September after having fallen to -0.4% in August. Despite the improvement, the result does not reach the estimated 0.5% increase. Annual inflation has grown 0.5%, meeting expectations after rising 0.2% in August. The annualized core CPI has risen 1.3%, as expected, after increasing 0.9% the […]
Willing to step up Brexit negotiations with the UK
The European Commission has made an official statement on Brexit, showing the willingness to intensify talks with the UK. For an agreement to be reached, both parties must meet, the statement added. The statement also confirmed that the EU’s chief Brexit negotiator, Michel Barnier will speak with his British counterpart, David Frost, later this Tuesday. […]
Zahawi says that until the EU negotiates with us as sovereign, there is no point in talking
The UK business minister, Nadhim Zahawi, has diluted hopes for further talks until the European Union considers additional concessions, in an interview with Sky News on Tuesday. Zahawi has said that “until (the EU) makes it very clear that it is willing to negotiate with us as an equal, as sovereignSo there is no point […]
UK Government Scientific Adviser believes a three-week shutdown is necessary to stem the COVID-19 spiral
Amid a relentless rise in coronavirus cases in Britain, the government’s scientific adviser, Jeremy Farrar, said a three-week period of national lockdown restrictions needs to be immediately imposed to contain the spread of COVID-19. Featured Statements The current tiered restrictions will not sufficiently reduce transmission rates or prevent the virus from spreading further. A three-week […]
15,650 New COVID-19 Cases Confirmed Friday
There were 15,650 new confirmed coronavirus infections in the UK through Friday morning, data from the UK government showed UK, according to Reuters. This reading followed Thursday’s increase of 18,980. More details from the report revealed that there were 136 deaths within 28 days of testing positive, compared with 138 on Thursday. Meanwhile, British Prime […]
Trade talks with the EU have ended
The spokesperson for the British Prime Minister Boris Johnsonsaid on Friday that trade talks with the EU had ended. “The EU’s main Brexit negotiator, Michel Barnier, should only come to London next week if he is prepared to discuss all issues on the basis of legal text or if he is willing to discuss practicalities […]
The EU continues to work for an agreement, but not at any price – von der Leyen
After UK Prime Minister Boris Johnson said that the European Union refused to seriously negotiate on the trade deal, the President of the European Commission, Ursula von der Leyen, He reiterated that the EU continues to work towards an agreement, but not at any price. “As planned, our negotiating team will travel to London next […]
Prime Minister Johnson calls on companies to prepare for an Australia-style deal
British Prime Minister Boris Johnson said on Friday that now it’s time for UK companies to prepare for an Australia-style deal with the European Union. Market reaction As an initial reaction, the pair GBP / USD lost around 90 pips, going from trading above 1.2950 to falling towards 1.2860 in a matter of minutes. At […]
