Tag

Brexit

All articles tagged with #brexit

world1 month ago

Brexit milestone: Gibraltar-Spain border vanishes, reshaping movement and trade

Brexit-era milestone: Gibraltar’s 118-year land border with Spain will be dismantled, with passenger checks shifting to the airport and Gibraltar aligning with EU rules while staying out of Schengen; the deal was signed in Brussels after a decade of talks. The live digest also tracks England’s World Cup semifinal drama, talk of a potential bank holiday, Prince William’s attendance plans, and Argentina’s Milei fanning Falklands tensions as the Sea Lion oil field could funnel hundreds of millions to the Falklands, reshaping regional energy fortunes.

politics1 month ago

Starmer’s farewell PMQs shadowed by England-Argentina hype and Falklands tensions

Keir Starmer’s final PMQs are dominated by England’s World Cup semifinal against Argentina, with cross‑party chatter about a bank holiday and royal attendance debates, while Gibraltar dismantles border checks post‑Brexit; Argentina’s Milei era heightens Falklands tensions, and the Sea Lion oil field could direct hundreds of millions to the Falklands rather than the UK, underscoring broader regional energy shifts.

Gibraltar moves toward Schengen-like status with EU-UK border pact
world1 month ago

Gibraltar moves toward Schengen-like status with EU-UK border pact

A new EU-UK treaty signed in Brussels places Gibraltar in a Schengen-like regime: residents can cross into Spain using residence cards, Spaniards can enter Gibraltar with government IDs, and border checks at airports/ports will be shared by British and Spanish officials. The arrangement ends the daily hard border for around 15,000 cross-border workers, preserves British sovereignty, and aims to boost trade and mobility. It does not grant full EU membership to Gibraltar or extend these privileges to Britain's other overseas territories.

Gibraltar adopts EU-style border checks at the airport as Brexit bites
world1 month ago

Gibraltar adopts EU-style border checks at the airport as Brexit bites

Spain will run the EU’s new electronic border checks at Gibraltar’s airport for UK-origin and other non‑EU travelers under a UK–EU treaty, effectively bringing Gibraltar into the Schengen framework. Passport, fingerprint and facial scans will be used, with Gibraltar residents exempt; border policing will be handled at a joint facility a.k.a. the “Schengen shack.” The change aims to avoid a hard land border but could cause queues during school holidays and reflects the post‑Brexit settlement that Gibraltar secured to protect its economy.

Brexit’s long shadow: a decade of resignations and Downing Street lecterns
politics1 month ago

Brexit’s long shadow: a decade of resignations and Downing Street lecterns

Ten years after the Brexit vote, the UK’s political story is defined by a string of Downing Street lecterns and prime minister resignations, beginning with Cameron in 2016; the Guardian piece with Dan Sabbagh revisits that night, media dynamics, Jo Cox’s murder, and argues that Brexit has forged a lasting fault line in British politics, shaping leadership and public trust for years to come.

Burnham to Downing Street: Labour’s post-Brexit era begins as Starmer departs
politics2 months ago

Burnham to Downing Street: Labour’s post-Brexit era begins as Starmer departs

Keir Starmer resigns after a tenure marked by scandals, reversals and sweeping local defeats, paving the way for Andy Burnham to become Britain’s next prime minister as Labour faces a multi-party post-Brexit landscape. The piece argues Labour’s 2024 majority was an illusion born of Britain’s electoral dysfunction, and while Burnham’s charisma offers hope to arrest the downward slide, there’s no guarantee he can reverse the trajectory before the next election.

Brexit Decade: Trade Shifts, Investment Slump, and Uncertain Growth
business2 months ago

Brexit Decade: Trade Shifts, Investment Slump, and Uncertain Growth

A decade after the UK left the EU, the economic picture is mixed: goods trade with the EU has lost variety and volume, especially for exports, while services exports to the EU and elsewhere have risen; business investment has underperformed pre-Brexit trends; the pound’s volatility has pushed up import costs but helped exporters; some trade deals yielded only marginal gains; estimates of the overall hit vary (roughly 3–8% of potential GDP or around 6–8% per capita), and experts disagree on how much Brexit alone caused the gap given global shocks. The coming years will hinge on policy choices about future UK-EU relations and whether deeper ties or re-joining are pursued.

Brexit's Quiet Drag: Ten Years On, Britain's Economy Remains Strained
economy2 months ago

Brexit's Quiet Drag: Ten Years On, Britain's Economy Remains Strained

Ten years after Brexit, Britain's economy remains under pressure: weak GDP per-capita growth among the G7, stubborn inflation, subdued investment, and a shrinking share of financial services away from London, all amid political volatility and gilt-market wobbliness; sterling is about 10% weaker than pre-2016 levels, increasing import costs, though sectors like fintech, life sciences and AI retain global strengths.

Brexit at Ten: A Decade of Economic Drag, Trade Friction, and Migration Shifts
world2 months ago

Brexit at Ten: A Decade of Economic Drag, Trade Friction, and Migration Shifts

Ten years after the 2016 referendum, the UK’s promises of growth and frictionless trade largely haven’t materialized: GDP per capita lags the EU, investment cooled, and trade with Europe remains lower under the EU–UK deal. The pound hasn’t recovered to pre-Brexit levels, migration shifted away from the EU while total net migration peaked, and most EU law remains retained with divergence unfolding slowly. Public opinion has shifted toward regret, with polls suggesting a sizable share supports rejoining the bloc.

Britain braces for seventh PM in a decade as Starmer resigns
politics2 months ago

Britain braces for seventh PM in a decade as Starmer resigns

Keir Starmer’s resignation amid Britain’s post-Brexit turmoil kicks off another round of leadership churn, with Andy Burnham tipped as the front-runner to become the seventh prime minister in ten years. The piece traces how a sequence of shocks—from the 2008 financial crisis and austerity to Brexit, Covid, and energy-price surges—has weakened trust in government and fractured the two-party system, leaving the country searching for stability while Burnham pledges reforms to utilities and social care.

Brexit's stubborn legacy reshapes Britain's politics
world2 months ago

Brexit's stubborn legacy reshapes Britain's politics

Ten years after the Brexit vote, UK politics remain deeply divided and unsettled as Brexit’s consequences persist: successive Conservative leaders struggled to resolve tensions from the referendum, Labour remains split over Europe, and voters have drifted toward smaller parties like the Greens and Reform UK, while a notable segment of the public expresses “Brexit regret” and a desire to rejoin the EU—yet reentry would be complex, leaving Brexit as unfinished business that continues to shape policy, debate, and trust in politicians.

Ten Years After Brexit: charts map Britain’s bumpy economy and politics
business2 months ago

Ten Years After Brexit: charts map Britain’s bumpy economy and politics

Brexit’s decade has yielded little growth payoff: GDP is estimated to be 6-8% lower by 2025 due to uncertainty and misallocation; EU net migration turned negative in 2022 while non-EU migration rose to fill gaps; the pound remains about 10% weaker than its 2016 level, raising import costs; the FTSE-100 has lagged the FTSE-250 and US stocks; the EU remains the UK’s largest trading partner with tariff-free trade secured by a 2021 deal; prime ministers have changed frequently, highlighting political churn.

A Decade On, Brexit's Subtle Drag on UK Growth
business2 months ago

A Decade On, Brexit's Subtle Drag on UK Growth

Ten years after the Brexit vote, economists broadly agree the UK economy has faced a persistent drag on growth. While some worst‑case fears didn’t materialize, estimates of foregone output range from about 2% to as much as 8%, driven by weaker investment, productivity and living standards. EU trade remains costlier and more cumbersome, though services—especially financial services—remain a bright spot and London stays a global hub. New non‑EU trade deals are modest in impact compared with EU trade. Immigration surged after Brexit, and political leaders remain reluctant to rejoin the EU, given divisions and uncertainty about future access. Overall, Brexit has reshaped the economy: it retains strengths in services and finance, but comes with a clear, ongoing price in slower growth and higher policy trade‑offs.