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Monday, 01 March 2021 23:35
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Government accused of ‘rehashing Project Fear’ as Treasury is set to claim the UK would be £150bn worse off under no deal

Government accused of ‘rehashing Project Fear’ as Treasury is set to claim the UK would be £150bn worse off under no deal
Theresa May is facing accusations of “rehashing Project Fear” after it emerged that Treasury forecasts show that Britain will be £150bn worse off under a no-deal Brexit.

  • Source A Brexit Central release
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EU leaders take 38 minutes to sign off on Theresa May’s Brexit deal…

EU leaders take 38 minutes to sign off on Theresa May’s Brexit deal…
It took 38 minutes for the EU leaders to sign off on the Brexit deal.

  • Source A Brexit Central release
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There are immense trading opportunities in the Pacific region – but not while we’re shackled to the EU’s customs union

There are immense trading opportunities in the Pacific region – but not while we’re shackled to the EU’s customs union
“The Pacific Ocean, its shores, its islands and the vast regions beyond, will become the chief theatre of events in the world’s great hereafter.” Reports Daniel Hannan who has been Conservative MEP for South East England since 1999 and is President of the newly-established Institute for Free Trade.

  • Source A Brexti Central release
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UK trade minister says 'no deal' Brexit more likely than not

LONDON (AP) — Britain's international trade minister says it's likely the U.K. will fail to agree upon a divorce deal with the European Union before it leaves the bloc in March — the latest in a growing chorus of warnings that the negotiations are in crisis.

  • Source/ReadMore Yahoo New Zealand
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Brexit Secretary David Davis resigns

Brexit Secretary David Davis has resigned from the UK government, effective immediately.

  • Source/ReadMore RadioNZ release
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Airbus threatens to abandon Britain, cut thousands of jobs over Brexit

LONDON — The United Kingdom's Brexit plans hit another major bump Friday when global aviation giant Airbus threatened to pull out of the country if the government leaves the European Union without a deal on future trading relations.

  • Source/ReadMore EuroNews
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UK could suffer a 'loss of trade' with around 40 countries on Brexit day, admits Liam Fox’s chief civil servant

UK could suffer a 'loss of trade' with around 40 countries on Brexit day, admits Liam Fox’s chief civil servant
Rob Merrick writes in The Independent that the chief civil servant at Liam Fox’s department has acknowledged Britain could suffer a “loss of trade” with around 40 countries on Brexit day, with existing deals in doubt.
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UK, EU sign post-Brexit import quota deal

UK, EU sign post-Brexit import quota deal
Quotas allowing imports of cheap New Zealand lamb and other goods will be shared out between Britain and the European Union after Brexit under a deal signed by both sides. Restrictions on how many products can be imported into the EU on favourable rates are set across the bloc and concerns have been raised internationally that exporters could take a financial hit when the UK quits. However, the British government has agreed with Brussels to divvy up the numbers of goods that can be brought in on low or zero tariffs based roughly on current rates. It would mean products…
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New Government adviser to focus on securing trade deals with non-EU countries

New Government adviser to focus on securing trade deals with non-EU countries
A former New Zealand trade negotiator has been appointed the Government's key adviser for securing trade deals with countries outside the European Union. Crawford Falconer, who has previously described Brexit as a "enormous opportunity", will work with International Trade Secretary Liam Fox to draw up deals ready to go as the UK leaves the EU. A former vice minister for international trade and foreign affairs and ambassador to the World Trade Organisation, the academic is currently a trade professor at Lincoln University. It comes as Mr Fox prepares to visit Washington on Monday for talks about future trade links between…
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Brexit: How New Zealand Might Cope

The strategic view that Britain needs to be in the EU remains universal among New Zealand strategists. However the Leaves did not vote geopolitically but on domestic considerations including, apparently, resentment of immigration and of the unequal gains from trade. New Zealand has little alternative but to accept the direction the Brits are taking, albeit with regret. Withdrawing from the EU is proving more difficult than anyone anticipated. Almost every week there is a revelation of an additional complication. Two years to negotiate the deal is just absurd, indicative of how little David Cameron, the previous British prime minister, had…
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Theresa May: Commonwealth provides unique and proud global relationships

The British Prime Minister Theresa May spoke enthusiastically about the opportunities provided by the Commonwealth during a landmark speech on the British Government’s plans for Brexit. Speaking at Lancaster House, London, Mrs May said, “I want us to be a truly Global Britain... A country that goes out into the world to build relationships with old friends and new allies alike. “Even now as we prepare to leave the EU, we are planning for the next biennial Commonwealth Heads of Government meeting in 2018 – a reminder of our unique and proud global relationships.” The next Commonwealth Heads of Government…
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May to reveal 'global Britain' Brexit plan

May to reveal 'global Britain' Brexit plan
Theresa May is expected to reveal the most detailed insight yet into her approach to Brexit negotiations, in a speech on Tuesday. She will urge people to give up on "insults" and "division" and unite to build a "global Britain". Downing Street said reports she may signal pulling out of the single market and customs union were "speculation". It comes as the chancellor said the UK could "change its economic model" if it loses access to the single market. The BBC's political correspondent, Chris Mason, said Downing Street was confirming little about precisely what Mrs May would say in her…
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