Monday, July 26, 2021
HomeUncategorizedBrexit LIVE: London fightback! City reclaims crown as Europe finance hub –Amsterdam...

Brexit LIVE: London fightback! City reclaims crown as Europe finance hub –Amsterdam beaten

Dominic Raab dismisses EU threat to City of London

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A dispute over the licences initially flared in May when France and Britain sent patrol vessels off the shores of Jersey after a flotilla of French fishing boats sailed to the island in protest. An interim agreement had been due to expire on June 30 under the UK’s Trade and Cooperation Agreement with the European Union, but this will now last until September 30.

However, the British Crown Dependency’s Assistant Environment Minister said the new deadline could see a new round of protests from French trawlermen.

Speaking this afternoon, Deputy Gregory Guida, added: “I am sure that the French will apply as much pressure as they can.

“But remember that this is a contract between the EU and the British government, and the EU actually wants this solved.

“They’re quite keen to have the terms of the contract just applied and done.”

Brexit news Rishi Sunak

Jersey’s Enviroment Minister hinted at a second protest today (Image: GETTY)

Rishi Sunak

Chancellor Rishi Sunak is set to unveil a series of reforms on listings (Image: GETTY)

Under the terms of the Brexit trade deal, French vessels have to show evidence of their history fishing in Jersey waters.

But the Jersey Government says large numbers of fishermen did not provide enough proof and were given restricted access under provisional licences.

French Minister for the Sea Annick Girardin said the extension should make it possible to bring a little visibility to fishermen and to give time for negotiation.

Regional French fishing organisations in Brittany and Brenton have refused to rule out further direct action to resolve the conflict. 

FOR THE LATEST BREXIT NEWS, PLEASE SEE BELOW: 

4.30pm update: Watch out, Boris! Brexiteer warns of sausage war truce red herring – EU to ‘make trouble’

Brexit Britain is set for further clashes with the EU despite the truce over chilled meats, with one MP claiming Brussels is out to “make trouble” with the UK.

While the two sides came to a truce over the export of chilled meats to Northern Ireland, one MP has warned the EU will continue to be belligerent and hostile towards Britain.

Speaking to Express.co.uk, Marcus Fysh MP for Yeovil, issued his concern over the EU’s failure to resolve the issues to trade in Northern Ireland.

With the EU threatening to ban chilled meats from entering Northern Ireland – before a resolution was agreed – Mr Fysh expressed his concern for the state of trade in the country.

Brexit

Five key moments that led to Brexit (Image: EXPRESS)

3.25pm update: Show some respect! Irish PM issues final Brexit ultimatum as trade row threatens to erupt

Ireland’s prime minister has warned the UK to reciprocate the “goodwill” that the EU has shown it over the Northern Ireland Protocol.

Taoiseach Micheal Martin ramped up pressure on Boris Johnson’s Government to give concessions as observers say keeping the current status quo threatens the province’s fragile peace.

He said “warning each other is over” and called for engagement between the UK and EU to find solutions through the Brexit withdrawal agreement.

2pm update: England and Wales must act as European Commission backs landmark farm cage ban

The RSPCA has called on the UK and Welsh Governments to follow suit as the European Commission makes the “incredible” pledge to propose phasing out cage systems for a variety of farmed animals after Brexit. 

The Commission has announced their response to the European Citizens’ Initiative (ECI) ‘End the Cage Age’ which saw backing from more than 1.4m citizens, including over 54,000 from the UK. 

The ECI urged the Commission to propose legislation to prohibit the use of cages for a host of farm animals, and highlighted how “cruel and unnecessary” cages can inflict “suffering on enormous numbers of farm animals every year”.

In their response, the Commission has proposed to phase out the use of cage systems for laying hens, sows, calves, rabbits, pullets, broiler breeders, layer breeders, quail, ducks and geese by 2023; and will hope to ensure any produce imported into the EU under future Free Trade Agreements meets the same standards.

City of London

Treasury officials have welcomed the new data (Image: GETTY)

1pm update: City reclaims crown as Europe finance hub – Amsterdam beaten

London has once again claimed its crown as Europe’s trading capital, piping Amsterdam to the post.

Data released by Cboe Global Markets reveals an average of 8.9billion euros (£7.63billion) of share deals were made daily in June. 

This is compared to 8.8billion euros (£7.55billion) in the Dutch capital.

The City of London was overtaken by Amsterdam in January but the figures reveal a change in the trading landscape.

12pm update: Legal challenge launched over Post-Brexit tariff-free quota for raw cane sugar

British Sugar has launched a legal challenge over the UK government’s decision to allow 260,00-tonne tariff-free quota of raw cane sugar to enter the UK.

The autonomous tariff rate quota (ATQ) of 260,000 tonnes for raw cane sugar imported into the UK applied from January 2021 as part of the new post-Brexit UK Global Tariff.

ATQs allow imports up to a given quantity of a good to come in at a lower or zero tariff for a specified period of time.

Now the High Court has agreed that the government’s decision could be subject to a judicial review.

11am update: Eurocrat who acted as EU’s early Brexit representative returns to Polish politics 

Donald Tusk took over as acting head of Polish opposition party Civic Platform on Saturday.

A football-mad historian with piercing blue eyes, the 64-year-old served two terms as prime minister before leaving his homeland for Brussels, where he snagged the top job in 2014.

As president of the European Council, which brings together the EU’s national leaders, he handled crises ranging from migration to Greece’s economic plight to tough Brexit negotiations.

The European Commission

The European Commission is yet to argee a deal on financial services (Image: GETTY)

10am update:  Lord Frost rages at EU as bloc ‘lurches from crisis to crisis’ in Brexit trade row

Lord Frost has accused the European Union of “lurching from crisis to crisis” as UK cabinet ministers ramped up pressure for concessions on the Northern Ireland Protocol

On Wednesday the EU announced a number of solutions to ease the implementation of the Protocol, in a bid to resolve a tense and heated “sausage war.”

As well as extending the grace period on chilled meats, it changed its own rules to allow medicines to continue to flow from the UK into Northern Ireland and waived the obligation to show the motor insurance Green Card for drivers from the UK.

9am update: ‘Reciprocate the generosity of spirit” shown by EU leaders on NI Protocol, says Irish PM

Irish premier Micheal Martin has called on the UK Government to “reciprocate the generosity of spirit” shown by EU leaders on the Northern Ireland Protocol.

It came after UK cabinet ministers ramped up pressure for concessions on the Protocol by warning of disruption to peace if changes are not made.

Micheal Martin said the EU had demonstrated “goodwill and generosity” to the UK, with the extension to the grace period allowing chilled meats to be sent from Great Britain to Northern Ireland this week.

8am update: Award more contracts to Brexit Britain, says Labour 

A Labour government would award more public contracts to British firms and raise standards to create jobs, the party has pledged.

Shadow chancellor Rachel Reeves said Labour would use social and environmental clauses in public contracts to raise standards, mirroring the approach taken in other countries including France and the United States.

She raised concerns about insecure supply chains exposed by shortages in personal protective equipment during the pandemic, as well as huge taxpayer contracts going overseas instead of to British companies.

Labour would ask every public body to give more contracts to British firms, and require public bodies to report on how much they are buying from businesses in this country, Ms Reeves said.

(Additional reporting by Richard Percival)

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