By Guy Faulconbridge LONDON, June 20 (Reuters) - The United Kingdom needs to urgently clarify how trade with the European Union will work after Brexit, and the world's fifth-largest economy should remain in the customs union unless there is a proper alternative, the boss of Siemens UK said. With only nine months left until the United Kingdom is due to leave the EU, … [Read more...]
Greek Shipowners Say EU Tax Pressure Could Make Brexit ‘Not a Bad Thing’
ATHENS, June 8 (Reuters) - Greek shipowners could relocate to Britain after it leaves the European Union if European regulators demand changes to favourable shipping taxes in Greece, a top industry official said on Friday. The European Union has been pressing Greece to end generous tax allowances it grants shipowners, although the government has steered away from imposing … [Read more...]
Belgian Port on the Front Line Has Brexit Britain in Its Sights
By Dara Doyle (Bloomberg) -- At Antwerp’s sprawling port, the ripples from Brexit are already apparent. The Belgian port saw trade with the U.K. drop 5 percent in 2017, the first decline in five years. Against that backdrop, Antwerp -- described by Napoleon as a “pistol pointed at the heart of England” -- is seeking a representative in the U.K.’s industrial … [Read more...]
Chemical Companies Fear Toxic Consequences of Brexit
By Kate Holton KNUTSFORD, England, March 23 (Reuters) - Julian Sarkar has spent more than 10 years and around 600,000 euros ($740,000) making his small British company compliant with strict European Union regulations to import chemicals into the bloc. Now, incensed by the government's pursuit of what he sees as an extreme version of Brexit, he is shifting a third of his … [Read more...]
British Ports Association: Likely Brexit Deal Looks Like ‘No Deal’ for Ports
The British Ports Association is calling on the UK Government to deliver on the Prime Minister's pledge of 'frictionless' trade after Brexit. Following Monday's agreement between UK and EU negotiators on the terms of a transition deal and ahead of the EU Council meeting later this week, the British Ports Association has published a strategic report calling for a … [Read more...]