UK Govt

  • The UK government has has said it “no current plans” to join a European customs union. Cabinet Office minister Nick Thomas-Symonds has just told MPs the UK was looking to develop relationship with European neighbours, and reduce trade barriers.  Mr Thomas-Symonds was asked in the Commons about comments made by European Union trade boss Maros…

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  • Will the market turbulence of last week continue? Judging by market data this morning, it’s a yes.  The original cause for concern in the first full week of January was government borrowing costs, as measured by the effective interest rate on that borrowing, the gilt yield, which reached highs not seen in decades.  Both the…

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  • The government’s Rwanda plan, devised to tackle illegal migration, has been dismissed by the Supreme Court, ending over 18 months of legal battles in the UK. Lord Reed announced the “unanimous” judgment from the court’s justices on Wednesday, saying those sent to the country would be at “real risk” of being returned home, whether their…

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  • 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…

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