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Trade experts ridicule David Frost for denying his Brexit deal is responsible for exports crash

Trade experts ridicule David Frost for denying his Brexit deal is responsible for exports crash Rob Merrick © Provided by The Independent Trade experts have ridiculed the minister who negotiated the Brexit deal, after he denied it was responsible for a devastating collapse in exports. Goods sales to the EU plunged by 40.7 per cent in January – and imports slumped by 28.8 per cent – the largest declines since comparable records began in 1997. Significantly, there were no similar falls in Britain’s trade with non-EU countries, apparently firm evidence that a mountain of new red tape since Brexit was completed is to blame. But David Frost, picked by Boris Johnson to negotiate the Christmas Eve agreement, pointed to pre-Christmas “stockpiling” and “Covid lockdowns across Europe” as explanations for the slump.

The Brussels effect: Meeting ESG rules despite Brexit

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

The tech that can keep Brexit Britain connected

As red tape and delays threaten the efficiency of cross-border trade, how is technology keeping Britain moving? Seven weeks into the UK’s post-Brexit epoch, and there’s a sense things could have gone worse. Britain has avoided the worst fears, such as supermarket shortages and lorry queues across Kent. Still, the transition has been far from smooth. Businesses continue to report crippling difficulties as they struggle to adapt to the new regime. While some of these can justifiably be deemed ‘teething problems’, many will be here for the long term. So what technology could help the food and drink industry minimise the disruption of the new border and ensure Britain remains connected?

Brexit: A month in, UK and EU battle trade disruptions

LONDON    One month after Britain made a New Year split from the European Union’s economic embrace, businesses that once traded freely are getting used to frustrating checks, delays and red tape. British meat exporters say shipments have rotted in trucks awaiting European health checks. Scottish fishermen have protested at Parliament over the catch they can no longer sell to the continent because of complex new paperwork. The manufacturers’ organization Make U.K. said Monday that 60% of manufacturing companies have experienced “significant disruption” since Jan. 1. The British government says the troubles are “teething problems,” but companies say they are causing serious pain.

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