The UK govt spent a whopping €5b on Brexit

The UK's National Audit Office (NAO) has released a report showing that government departments spent at least £4.4 billion (€5.08 billion) preparing for the United Kingdom's exit. In the 32-page report, published on Friday (March 6), the office said it had asked all 18 central government departments and two non-ministerial departments to provide information on the cost … Continue reading The UK govt spent a whopping €5b on Brexit

Irobiko Chimezie

UK threatens to boycott trade negotiations with EU

Britain laid out its opening demands for upcomingtrade talks with the European Union on Thursday,including a blunt threat to walk away from the negotiating table if there is no progress within four months. The two sides appear headed for a rocky first round of negotiations as they try to forge a new relationship following the … Continue reading UK threatens to boycott trade negotiations with EU

A major post-Brexit challenge for the EU

The Brexit drama shook the foundations of the European Union for years and laid bare the need for much-delayed political renovations at the 27-nation bloc. But now that Britain has finally left, where does the EU revamp even start and who is going to foot the bill? Those questions loom large for EU officials and … Continue reading A major post-Brexit challenge for the EU

EU citizens no longer feel welcome in Britain

Britain is letting European Union citizens stay once the country completes its transition out of the EU at the end of 2020. But some are choosing to leave and move back to the continent. Hanneke van der Werf is a Dutch herbalist and garden designer living on the border of Wales and England. Britain has … Continue reading EU citizens no longer feel welcome in Britain

How will Brexit affect Tesco?

AN OVERVIEW OF THE CURRENT POSITION AND DEBATES ON BREXIT The word “Brexit” is an acronym for “Britain” and “exit.” It refers to UK’s secession plan from the European Union (EU). Prior to 1992, when EU launched a single market—which remains its greatest achievement and main objective—most EU countries were signatories to a free trade … Continue reading How will Brexit affect Tesco?

What happens to child refugees fter Brexit?

Conservative MPs have voted down a House of Lords amendment to Boris Johnson’s Brexit legislation, which would have guaranteed family reunion rights for unaccompanied child refugees after EU withdrawal. Despite appeals from children’s charities, MPs rejected the safeguards in the Withdrawal Agreement Bill by a margin of 342 votes to 254 – a majority of 88. All of those voting against the measure were Tories. … Continue reading What happens to child refugees fter Brexit?

UK to exploit Africa’s fast-growing economies for post-Brexit survival

The United Kingdom sees numerous opportunities in Africa and considers the continent an economic lifeline in post-Brexit era. British Prime Minister Boris Johnson and Prince Harry touted the U.K. as an ideal business partner for Africa on Monday as their country prepares for post-Brexit dealings with the world. But Britain faces tough challenges as it … Continue reading UK to exploit Africa’s fast-growing economies for post-Brexit survival

Brexit uncertainty: Causes, new tasks, and opportunities

The European Union’s cumbersome withdrawal process that seems to have stalled the UK’s secession plan ahead of 29 March 2019 deadline. Amid Brexit uncertainty -- as Theresa May’s parliament is yet to agree on terms and conditions for exiting the political union, a report from Acumen International (a global employer of record) shows that non-UK … Continue reading Brexit uncertainty: Causes, new tasks, and opportunities

Irobiko Chimezie

Boris Johnson and Trump expecting a mutually-rewarding trade agreements

Britain's new political landscape began to take shape Monday as triumphant Prime Minister Boris Johnson talked trade with President Donald Trump and gave a pep talk to his new Conservative Party lawmakers. The incoming class of new Conservative legislators was so big — 109 lawmakers — that organizers had to procure an extra 50 bottles … Continue reading Boris Johnson and Trump expecting a mutually-rewarding trade agreements

Irobiko Chimezie

UK Conservatives secure historic Parliamentary Majority

Prime Minister Boris Johnson's Conservative Party has won a solid majority of seats in Britain's Parliament - a decisive outcome to a Brexit-dominated election that should allow Johnson to fulfill his plan to take the U.K. out of the European Union next month. With just over 600 of the 650 seats declared, the Conservatives reached … Continue reading UK Conservatives secure historic Parliamentary Majority

Why this British billionaire is suing Netflix

A Brexit-loving British billionaire has threatened to sue Netflix over a documentary he hasn't seen yet, the Guardian reports. Arron Banks, who donated a stunning $10 million to Leave.EU, made the legal threat over the upcoming documentary The Great Hack. The film looks at how Cambridge Analytica mined Facebook for personal data on millions of people without their … Continue reading Why this British billionaire is suing Netflix

EU gets ready for no-deal Brexit

With UK Prime Minister Theresa May conceding a third vote in the House of Commons is increasingly unlikely, and that it is now likely the United Kingdom will leave the European Union without a deal on 12 April, the European Commission on Monday completed its no-deal preparations. At the same time, in a major policy … Continue reading EU gets ready for no-deal Brexit

Expected economic consequences of a no-deal Brexit around Europe

If the UK leaves eurozone without agreement, Bulgaria will lose EUR 111 million a year (EUR 16 per capita). However, in a case where Theresa May's government eventually ratifies a deal, Bulgaria's annual losses will amount to EUR 61 million (EUR 9 per capita), according to research findings from the German Bertelsmann Foundation. According to … Continue reading Expected economic consequences of a no-deal Brexit around Europe

The impact of Brexit on children’s rights

Thousands of children with EU citizenship or those of European nationals could fall through the cracks of the UK's registration system after Brexit, according to a UK charity. The Coram Children's Legal Centre released a report on Monday pointing to issues that might arise for children and young people in relation to the EU Settlement Scheme, … Continue reading The impact of Brexit on children’s rights

Theresa May: Blame MPs for long Brexit delay

  Theresa May has warned MPs that if they fail to back her Brexit deal at the third time of asking then Brussels might insist on a lengthy delay, potentially scuppering chances of leaving the European Union altogether. The Prime Minister said it would be a “potent symbol of Parliament’s collective political failure” if a … Continue reading Theresa May: Blame MPs for long Brexit delay