Eurotunnel, along with other UK companies, sees a surge in cross-channel freight traffic due to stockpiling as the Brexit transition period ends in December, its latest figures revealed. According to the chief Brexit officer of the logistics group ATS, Loic Chavaroche, the French side has been having up to seven or eight hours of delays in the freight routes marking "the … [Read more...] about Brexit Pushes Eurotunnel Freight Traffic Up by 8% Amid Pandemic
Brexit
The Brexit Deal Different Sides: How the EU and the UK Came to a Conclusion
The United Kingdom has already reached an exit agreement with the European Union. The settlement, also known as Brexit, may help those on the English Channel, but it will certainly hurt the union as its second-largest economy leaves the pack. But not everything will run smoothly for the UK from now on, as they face a long and difficult road. Neither side got the deal they … [Read more...] about The Brexit Deal Different Sides: How the EU and the UK Came to a Conclusion
Ministers Rush £100m Post-Brexit Fishing Package After Prime Minister’s ‘Betrayal’
British ministers are finalizing the plans for the £100 million post-Brexit fishing package scheme promised by Prime Minister Boris Johnson to help revive the fishing fleet affected by the UK's compromise on fishing rights under the recently concluded EU-UK trade deal. Under this plan, British crews will receive financial support to expand their fleet within a … [Read more...] about Ministers Rush £100m Post-Brexit Fishing Package After Prime Minister’s ‘Betrayal’
UK Locks 62nd Post-Brexit Deal, Signs a Free Trade Agreement with Turkey
Just before the Brexit deal officially takes effect, the UK secures its 62nd agreement by signing a continuity and free trade agreement that will strengthen its ties with Turkey, yet another European outlier. Turkey's deal had become the fifth-biggest free trade agreement the UK had negotiated before the Brexit transition ended. It marked the 62nd agreement that Britain … [Read more...] about UK Locks 62nd Post-Brexit Deal, Signs a Free Trade Agreement with Turkey
EU Commission Proposes Creation of Brexit Adjustment Reserve
As the Brexit transition period ends on December 31st, the European Commission, upon the European Council's approval, prepares by putting forth a proposal to create a Brexit Adjustment Reserve. "The end of the transition period on December 31st will have an important economic and social impact on regions and local communities that are mostly linked to the UK's economy and … [Read more...] about EU Commission Proposes Creation of Brexit Adjustment Reserve