Brexit

    • UK exports to EU return to robust growth

      UK exports to EU return to robust growth

      Trade relations between UK and EU have returned to the fast growth lane in February after the registered January disruption, BBC reported, quoting official statistics data. British exports to the EU jumped by 46.6%,  to £11.6bn, following January's 42% slump when firms struggled with new trade rules related to Brexit. However, the UK Office for National Statistics noted that exports were still below last year's levels and imports from the EU had seen a weaker recovery. Other figures from the ONS showed the UK economy grew by 0.4% in February.

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    • Pro-British protestors clash with police in Northern Ireland

      Pro-British protestors clash with police in Northern Ireland

      Cars were set on fire and masked people attacked a police with petrol bombs over the weekend as riots sparkled in pro-British parts of Northern Ireland amid rising post-Brexit tensions in the region, Reuters said.Many pro-British unionists fiercely oppose the new trade barriers introduced between Northern Ireland and the rest of the United Kingdom as part of Britain’s departure from the EU and have warned that their unease could lead to violence.

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    • EU, Britain vow to resolve N Ireland border row

      EU, Britain vow to resolve N Ireland border row

      The EU and Britain reiterated on Thursday their commitment to resolve post-Brexit trade frictions over the Northern Ireland border, news wires reported. Commission Vice President Maros Sefcovic and British minister Michael Gove released a joint statement after they met in London, saying they had “a frank but constructive discussion”.

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    • Amsterdam dethrones London as Europe’s financial hub

      Amsterdam dethrones London as Europe’s financial hub

      Amsterdam displaced London as the largest financial trading centre in Europe last month as Brexit-related changes to finance rules came into force, Reuters reported. Stock exchanges in the Dutch capital traded 9.2 billion euros a day in January, compared to London’s 8.6 billion, according to the Cboe exchange, which operates in both cities. This compares with an average of 17.5 billion euros traded daily in London during 2020, when Frankfurt was second with 5.9 billion and Amsterdam sixth at 2.6 billion, Cboe said.

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    • EU-UK talks on Northern Ireland protocol expected next week

      EU-UK talks on Northern Ireland protocol expected next week

      British Cabinet Minister Michael Gove and European Commission Vice President Maros Sefcovic will meet in London next week for further talks to resolve issues surrounding the Irish border, news wires reported. On Wednesday evening, Gove and Sefcovic held a video crisis meeting with the First Minister and deputy First Minister of Northern Ireland, Arlene Foster and Michelle O’Neill.

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    • EU U-turns on activating emergency Brexit clause for vaccine export controls

      EU U-turns on activating emergency Brexit clause for vaccine export controls

      The European Commission later on Friday said it was not triggering an emergency override clause in the Brexit deal relating to the sensitive Irish border with new restrictions on vaccine exports, dpa reported. The European Union's executive arm "will ensure that the Ireland/Northern Ireland Protocol is unaffected. The Commission is not triggering the safeguard clause," it said in a written statement.

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