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May GDP decline: Government responsible for “prolonged economic stagnation”
Responding to the latest ONS GDP figures which showed the UK economy shrank by 0.1% last month, Layla Moran MP, member of the cross party UK trade and Business Commission said,
EU-UK finance MoU: Government should pursue beneficial alignment for all sectors
Responding to the signing of a new UK-EU memorandum of understanding for greater cooperation on financial services, Hilary Benn MP, Co-convenor of the UK Trade and Business Commission, said:
Australia and New Zealand trade deals are nothing to celebrate
Responding to confirmation that the new Australia and New Zealand trade deals will come into effect this month, Layla Moran MP, member of the cross-party UK Trade and Business Commission, said
New polling: Strong majority in NI support Windsor Framework
Queens University Belfast has published new polling, which indicates a strong majority of voters in Northern Ireland support the Windsor Framework.
CPTPP “makes a mockery” of sustainable trade goals
Responding to the announcement that the UK Government has reached an agreement to join the CPTPP) Caroline Lucas MP, member of the UK Trade and Business Commission, said:
“Urgently recommit” to rejoining Horizon Europe, UKTBC tells Government
This week, the UK Trade and Business Commission sent a letter to the Government urging them to restart negotiations for the UK to rejoin the EU’s Horizon Europe research programme without delay.
Windsor framework can begin “new, pragmatic” era to UK-EU relations
Hilary Benn MP, Co-convenor of the UK Trade and Business Commission, said:
“This agreement, for which our Commission has long advocated, shows what can be achieved by putting aside old disagreements and working in good faith to provide stability and certainty.
Twice as many UK unicorns cutting jobs compared to EU counterparts
New analysis by the UK Trade and Business Commission (UKTBC) reveals that the UK’s most valuable fintech companies have been more badly impacted by staff layoffs in the past year, compared to their EU based counterparts.
NI Protocol: Both sides showing flexibility needed for a deal
Responding to reports that the UK and EU have reached an agreement on the impasse on the Northern Ireland Protocol, Hilary Benn MP, Co-convenor of the UK Trade and Business Commission, said:
€200m post-Brexit funding shortfall piles misery on UK creative sector
Rocket Entertainment Group CEO and filmmaker David Furnish has warned that lost opportunities and increased red tape are threatening the future of creative industries as new analysis suggests that the UK arts and film industries may have missed out on nearly €200m in EU funding.
Industry voices called to give evidence in first economy-wide consultation of post-Brexit trading arrangements
In a UK first, an economy-wide consultation has been launched to gather evidence on the biggest issues facing all industries in the post-Brexit landscape and as the UK Government negotiates new trade agreements.
UK needs immigration pragmatism as new research shows Brexit premium on food
Responding to new LSE research which suggests that Brexit has added £210 to the average annual food bill since 2020, Hilary Benn MP, Co-Convenor of the UK Trade and Business Commission, said:
UK Government’s rush to scrap EU law branded ‘crazy’
Legal experts and industry representatives have said that the Government’s EU Retained Law Bill will leave businesses, consumers and civil servants scrambling to understand and deal with the impact of the mass scrapping of legislation, putting worker, health and environmental protections at risk.
New aluminium tariffs will hit industry and turn UK into China’s clearing house
Responding to warnings from the UK aluminium sector that the Trade Remedies Authority’s (TRA) proposed anti-dumping tariffs are too low and could force British manufacturers to close shop, industrial and chemical sector expert and UK Trade and Business Commissioner Dr Geoff Mackey said,
Government ‘turmoil’ threatens great British boozer
Industry leaders and representatives of small businesses have said that the future of British pubs and other SMEs has been left on a knife's edge by turmoil from the UK Government, and they are now facing a situation that is ‘worse than Covid’.
NZ trade agreement to be formally laid tomorrow
Responding to news that the UK’s trade deal with New Zealand will be formally laid in Parliament on 27th October, MP for Brighton Pavilion and UK Trade and Business Commissioner Caroline Lucas said,
Inflation rise: PM's free-market experiment leaves millions facing hardship
Responding to new ONS statistics today showing inflation rising to 10.1%, matching a 40-year high and driven by grocery inflation, MP for Leeds Central and Co-Convenor of the UK Trade and Business Commission Hilary Benn said,
ESRI Report: UK falling behind EU in post-pandemic trade recovery
Responding to an ESRI report published today, citing that UK-EU exports are down 16% and imports to the UK from the EU are down 20% compared to anticipated levels of trade growth for EU members since the start of 2021, Virgin Group chair and Co-Convenor of the UK Trade and Business Commission Peter Norris said,
Glastonbury: Brexit barriers adding costs to Britain's flagship festival
Responding to a new CBI survey which suggests that around three quarters of business have been impacted by labour shortages, Layla Moran, MP for Oxford West and Abingdon and member of the UK Trade and Business Commission, said,
CBI survey shows labour shortages hitting growth
Responding to a new CBI survey which suggests that around three quarters of business have been impacted by labour shortages, Layla Moran, MP for Oxford West and Abingdon and member of the UK Trade and Business Commission, said,