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For businesses, Brexit is happening already
London, UK — Mylands paint, founded 135 years ago, has survived two World Wars, the Great Depression and the end of the British Empire by adapting its products and practices. So when it was faced with the economic upheaval threatened…
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Canadian business needs Brexit certainty but Johnson plan only a start: observers
Toronto, ON — Experts warn that a post-Brexit United Kingdom will present Canadian business with tremendous uncertainty about billions of dollars worth of trade and investments, no matter how the British Parliament votes on Saturday. The outcome of the unusual…
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Brexit divorce talks between UK and EU go down to the wire
London, UK — British Prime Minister Boris Johnson told Cabinet colleagues that it will require a “significant amount of work” to strike a Brexit deal with the European Union, amid signs of progress in last-minute talks but also deep-seated skepticism…
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Britain wants to avoid no deal Brexit, says British envoy to Canada
Ottawa, ON — Britain’s envoy to Canada says her government wants to avoid a no-deal Brexit departure from the European Union, and its presentation of documents to Brussels on Thursday was a step towards a last-ditch agreement. High Commissioner Susan…
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Promises of Brexit bonanza look fishy for seafood industry
Eyemouth, Scotland — Netted in Scottish waters, claws snapping and tails flapping, langoustines as pink and fat as hotdog sausages are delicately packed by hand into boxes, each upright in its own individual compartment. The care and attention testifies to…
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UK planning post Brexit freight service for vital medicines
London, UK — The British government wants to set up an “express freight service” to ensure essential medicines are still available if the U.K. leaves the European Union without a divorce deal. The Department of Health said Thursday it is…
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Boris Johnson’s ascent heralds stormy economic and political seas for Canada
Ottawa, ON — Boris Johnson pledged a Halloween Brexit for Britain from the European Union, negotiated or not, after being sworn in Wednesday as Britain’s prime minister. With that, there is almost equal certainty that Johnson’s arrival at 10 Downing…
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Budget watchdog says no deal Brexit will spur UK recession
London, UK — The U.K. will plunge into recession if it leaves the European Union without a divorce deal, with the pound plunging in value and the economy shrinking by 2% in a year, Britain’s official economic watchdog said Thursday.…
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Brexit delay creates space for Canada, Britain to craft trade deal, envoy says
Ottawa, ON — The prolonged Brexit divorce from the European Union will give Britain more time to forge a proper free trade deal with Canada, says the country’s envoy to Ottawa. Britain is not legally allowed to engage in free…
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Trick or treat? EU, UK agree to delay Brexit until Halloween
Brussels, Belgium — As if Brexit hadn’t spooked Britain and the European Union enough over the past three years, the two sides agreed early Thursday to extend the deadline to Halloween. The new, Oct. 31 cutoff date averts a precipitous…
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UK firms step up preparations for a ‘no deal’ Brexit
London — U.K. companies have ratcheted up their preparations for a disorderly “no-deal” Brexit as best they can over the past couple of months, the Bank of England said Thursday. With the prospect of a chaotic Brexit potentially eight days…
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UK speaker stymies PM May’s bid for 3rd vote on Brexit deal
London, UK — The speaker of Britain’s House of Commons dealt a potentially fatal blow to Prime Minister Theresa May’s ailing Brexit deal on Monday, saying the government couldn’t keep asking lawmakers to vote on the same deal they have…