hard brexit

The Value Of EU Citizenship In A Post-Brexit World

Samantha North | Freedom of movement in Europe was always something I took for granted. I saw Europe as part of our heritage, despite the grumblings of euroskeptics and sly articles in the British press about the perils of straight bananas and the metric system. Perhaps the EU is an “imagined community” too. But countries working together, no matter how flawed the process, is the only route we have to improving the world. It’s a project I’m determined to be part of.


From Brexit To Tax Haven

Luis Alcaide | A British parliamentary spokesman and former development minister, Andrew Mitchell, has declared it in no uncertain terms: “The UK is losing its reputation as a credible jurisdiction. Our (British) companies have become vehicles for the laundering of money. The vulgarity of the internal market, the weakness of regulations and the pathetic response to organised crime are being used to facilitate all kinds of misdemeanours. Many EU Europeans…

british expats

150,000 Brits in Spain Have Applied For TIE Residency Card

The British Embassy in Madrid has revealed that 150,000 Britons living in Spain have been issued with a TIE card since it was introduced in July last year. As Fiona Govan explains in The Olive Press: Brexit meant the Green certificates available to citizens of EU member states would no longer be issued to Brits entitled to residency in Spain. Those who had yet to apply for residency were encouraged…

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BREXIT After US Elections And Promising Covid-19 Vaccines

The -2.5% underperformance of UK real GDP growth relative to OECD countries over the last 4 years (to 31/12/2019) clearly signals the damaging impact Brexit has had on business confidence. Brexit uncertainty has led to slower investment, with firms instead building up cash buffers from ~16% up to ~19% of GDP. The opportunity cost of this saving is the slower rate of GDP growth experienced.


EU27 And The UK: Product Dependencies And The Implications Of Brexit

In 2019, 50% of the imports and 47% of the exports were traded with the EU27, which makes the EU27 market the UK’s largest trading partner. In 2006, both, the shares of UK exports and imports to the EU27, were at the maximum level; since then both shares are on a general downward trend, the exports more than the imports. Since the referendum in 2016, the exposure to the EU27 market did not significantly change from the perspective of the UK. Hence, especially as a supplier, the EU27 matter for the UK. For the EU27, the UK is much less important as a trading partner: in 2019, only 4% of total exports go to the UK and 6% of the total imports are from the UK, respectively. While the trade shares decrease between 2001 and 2007, they remain relatively stable thereafter. Since the referendum in 2016, we have seen a slight decrease in the trade shares with the UK.

london city brexitTC

Brexit Anguish Is At The Forefront Again

UK’s equity market has trailed Europe’s considerably this year. The UK’s FTSE 100 Index is down over 20% while Euro Stoxx 600 Index is down just over 11% year-to-date in sterling and euros respectively. If we compare the two in Euros, the UK fares even worse on account of Sterling’s weakness relative to the Euro – another sign of the UK being hurt more by the risk of Brexit disruption and uncertainty.

Brexit update: The exit is only the beginning

Brexit Badly Hurts The European Budget

JP Marín-Arrese | Those betting Brexit would take a heavy toll on Britain, discover much to their surprise that the EU stands as the first collateral casualty. The vacuum left in the budget by the UK departure has fuelled bitter acrimony between the Member States, especially in those receiving large amounts of Community money, like Spain. Its PM Sánchez has described the proposal tabled by the Council Chair as deeply disappointing.