About: Hard Brexit

Brexit 06-02-2018

Trade barriers ‘unavoidable’, warns Barnier as Brexit talks deliver little

The EU’s chief Brexit negotiator has warned the UK government that trade barriers with the EU would be “unavoidable” if it insists on leaving the customs union, as both sides refused to concede any new ground.
Brexit 09-01-2018

Bemused Commission defends planning for ‘no deal’ Brexit

The European Commission has dismissed claims that it was ‘discriminating’ against British businesses by starting contingency planning for a possible 'no deal' outcome, in the latest row over the UK’s access to the single market after it formally leaves the EU next year.
Brexit 15-12-2017

Bulgarian PM on Brexit: ‘Nothing is agreed until everything is agreed’

Bulgarian Prime Minister Boyko Borissov took the liberty to comment on Brexit on the sidelines of the EU summit on Thursday (14 December), using language that obviously diverges from the common line adopted by the EU27.
Economy & Jobs 28-11-2017

UK banks could cope with ‘disorderly’ Brexit, Bank of England says

Britain’s banks could cope with a “disorderly” Brexit without needing to curb lending or be bailed out by taxpayers, the Bank of England said today (28 November) after carrying out its annual health check on lenders.
Future EU 24-11-2017

Borissov: My sentiment is there will be a hard Brexit

Bulgarian Prime Minister Boyko Borissov told reporters on Friday (24 November) his personal feeling was that things were moving in the direction of a hard Brexit. He spoke at the Eastern Partnership summit in Brussels, barely a month before his country is due to take over the rotating Presidency of the Council of the EU.
Agrifood 20-11-2017

Agriculture strategist: ‘Impossible’ for UK grain producers to compete outside EU

LONDON: Britain’s grain sector does not have the scale to stand on its own two feet outside the EU, a leading representative of farming has warned.
Brexit 06-11-2017

Most EU firms plan retreat from UK suppliers

Most European businesses plan to cut back orders from British suppliers because of the slow progress of Brexit talks, a survey of company managers showed today (6 November).
Agrifood 03-11-2017

Livestock farmers warn MPs of bleak future after hard Brexit

LONDON: Without direct support from the UK government British landscapes will be “left without livestock” after Brexit, a leading representative of British farming has warned.
Brexit 02-11-2017

UK government under pressure to publish Brexit papers

The British government came under pressure on Wednesday (1 November) to publish papers detailing the potential impact of Brexit, after MPs appealed to a rare parliamentary power.
Brexit 25-10-2017

German bank regulator urges EU to be ready for hard Brexit

European Union regulators need temporary fixes in place to prevent market distortions in case banks based in Britain face a Brexit without a deal, Germany's financial watchdog said.
Brexit 23-10-2017

UK’s divorce bill figure will come in final Brexit deal – trade minister

Britain can only come up with a figure for a financial settlement with the European Union when Brexit has been agreed, trade minister Liam Fox said yesterday (22 October), warning leaders not to believe London is bluffing over a no deal.
Brexit 18-10-2017

Firms must prepare for hard Brexit, Irish central bank says

It is entirely possible that Britain will leave the European Union without a transition agreement, and companies need to do more to prepare for an abrupt departure, Irish Central Bank Deputy Governor Ed Sibley said yesterday (17 October).