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rollover

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  1. Brexit has become an exercise in quiet damage limitation For the first time in the five years since the Brexit referendum the EU and the UK shows tentative signs of thawing. On the ground both sides are quietly moving into damage limitation mode. Minimising further economic harm will never eliminate the damage already done. With trade figures heavily distorted by coronavirus and Brexit itself, it is best not to be overly influenced by a single statistic. The vast majority of the pain, of course, is felt in the UK because business with the EU is much more important for Britain than vice versa. FT
  2. Influencers are to be signed up by the City regulator in a campaign to warn people about the pitfalls of high-risk investments. Some celebrities have been criticised for their part in promoting trading apps which have proved popular among young people drawn into investing. The Financial Conduct Authority (FCA) wants to reach these risk-takers in a planned £11m awareness campaign. It is part of a wider strategy to ensure investors are well-treated. BBC
  3. Robert Buckland sacked from post as justice secretary
  4. Dominic Raab, Gavin Williamson and Priti Patel will go.
  5. Brexit has a lot of various implications and might become a real pain in the ass for UK holidaymakers for a number of reasons
  6. How much would your hourly wage have to be for two hours of extra work to make up for the lost £20 in universal credit? Consider somebody who is entitled to UC and is earning enough to be paying income tax and National Insurance. We estimate that they would have to be earning about £40 an hour for the numbers to add up, so £80 in total. Of that, £16 would go on income tax and £9.60 on National Insurance. Of course, somebody earning £40 an hour would be pretty unlikely to be on UC in the first place. BBC
  7. Universal Credit workers can get extra hours to make up for £20 cut People who lose £20 a week from their Universal Credit payments under Government plans could work extra hours to make up for the cut, Work and Pensions Secretary Therese Coffey has suggested. The Cabinet minister on Monday defended the move to end the increase introduced in response to the coronavirus pandemic by saying it had always been “temporary”. Ms Coffey told BBC Breakfast: “I’m conscious that £20 a week is about two hours’ extra work every week – we will be seeing what we can do to help people perhaps secure those extra hours. She also said the nation is “seeing record numbers of vacancies”. Recipients could lose £1,040 annually if Prime Minister Boris Johnson goes ahead with the cut. Yahoo
  8. I would say the reason is different. The landlord probably have more properties in the area and just realized the portfolio is worth less and she's not as rich as she thought. And as it was stated, there will be an issue with remortgaging.
  9. Covid haven't been an issue in the EU during Summer holiday season, but it was different in the UK.
  10. So much for food self sufficiency, and British holiday habits are changing too. Foreign holidays is not going to be for everyone. Farms are turning themselves into camping sites because of Brexit A DROITWICH firm says they have spotted a gap in the market as farms looking to diversify after Brexit are becoming campsites for staycationers. Mrs Walton said: “With the loss of EU subsidies, farmers now have to think how to run a profitable business. "Pop up campsites are a quick and cheap form of diversification a farmer can try and there is certainly demand with many of our campervan customers reporting that campsites were selling out during peak season. More people than ever are enjoying the benefits of holidaying at home. worcesternews
  11. Where’s our Singapore-on-Thames? Brexit backers feel let down Robin Birley, founder of the 5 Hertford Street private members’ club favoured by the prime minister’s wife, Carrie Symonds, is unhappy about Boris Johnson’s policies. In the private cigar rooms and whisky bars of Mayfair, rebellion is smouldering. Libertarian Conservative donors who backed Boris Johnson in the 2019 general election, hoping he would deliver a low-tax, lightly regulated version of Britain after Brexit, are bitterly disappointed by the Tories’ lurch to the left on fiscal issues. Last week’s confirmation of a new £12 billion annual levy on earnings to fund health and social care came on top of chancellor Rishi Sunak’s announcement in March that corporation tax would rise from 19 per cent to 25 per cent by 2023. thetimes
  12. Brexit is hitting Britain. It's costing everyone but Boris Johnson It seems that the consequences of Brexit are finally being felt up and down the UK. From one end of the supply chain to the other, the UK's food producers have endured a summer of trouble. Brown believes that one issue unique to the UK is making life extra painful: Brexit. But Brexit really is starting to bite. "The cold stores didn't have enough space to hold our crops, so we had to throw away a week's worth of production," an estimated cost of £1 million. "And we've not had enough workers to harvest our vegetable crops, meaning they are going to waste" about 10-15% of his crop went to waste, costing around £200,000. According to Brown, the two essential prongs of production -- first, getting fresh food out of the ground, and then distributing it onto supermarket shelves -- are both taking a hit due to a lack of workers. These issues, while important, are far from the only post-Brexit embarrassments that make Johnson's "oven ready" claims look a little silly. Johnson has been repeatedly criticized by industry leaders and opponents for what they see as his reckless lack of preparation for Brexit. Johnson can largely deflect the blame for these problems onto the pandemic, this goes down well with his base of "Leave" voters, many of whom are sick of being told that Brexit was a disaster, and often willing to believe other explanations. The longer he can dodge criticism for not just Brexit as a concept, but his chosen implementation of it, the less his greatest accomplishment becomes a millstone round his neck. CNN
  13. While it may be true for many, on the other hand there are many who are making up their stories or exaggerate it.
  14. Boris will want to go on and on with another decade in power Reports that Boris Johnson has ambitions for another decade in power as he aims to outlast Margaret Thatcher’s 11-year tenure in No 10 have been met with consternation. He’s very competitive. He wants to go on for longer than Thatcher.” Johnson shared his pitch for the 2024 election in a piece published in the Times, saying Conservative plans to “level up” British society would take 10 years. With echoes of the 2019 election, during which the Conservatives’ mantra was “get Brexit done”, Johnson looks likely to frame the next election around Britain’s relationship with the European Union. Guardian
  15. Eastern European truckers not returning to UK after Brexit It seems unlikely many of those that have left the UK will return so readily. The Financial Times has spoken to dozens of eastern European HGV drivers who used to work in Britain but have gone elsewhere to work. Moreover, Europe as a whole is short of truckers. For the EU drivers that have left but still have the right to return and live in the UK, the prospects of higher pay that some UK companies are now offering was not enough. Many said they had already found work elsewhere on higher wages and in a better working environment. Many cite similar tales of poor working conditions for quitting. Add to that Brexit. For truckers, that meant endless paperwork, including customs procedures they were never trained for and queues at the border. Other issues included the need to take UK driving exams that many truckers did not have the language skills for, along with a more hostile attitude to foreigners in Britain. Kovecs said: “They bullied us while the drivers kept coming, now they are begging us.” I like England, it’s a great country, I will take the family there one day, but to work, the way they treat people? “I will never go back, never again.” irishtimes
  16. Your point hit the nail on the head! Brexit is done, don't care any more about it, just move on.
  17. UK trade with EU falls sharply as Brexit and Covid drive down exports Experts said the latest ONS figures could be a sign that the UK is losing its overall competitiveness. “The UK’s loss of importance in foreign trade is the logical consequence of Brexit. These are probably lasting effects,” said Gabriel Felbermayr. Ana Boata said: “UK exporters are losing their competitive advantage.” She also cited the decline in financial services, which were not covered by the Brexit trade deal, as a contributing factor. “Since its peak in 2017, financial services – the UK’s biggest exporting sector – has steadily lost its market share. “The UK is the only one of the 10 biggest countries to see this happen, with Brexit exacerbating the decline.” Guardian
  18. You are not wrong. MP accuses French of waving migrants through with a 'cheery bon voyage' Responding to waves of migrants crossing the English Channel over the last few days, Tory MP Natalie Elphicke called France's handling of the situation "outrageous". She tweeted: "This is simply outrageous. People who are perfectly safe in France brazenly break into Britain day after day. "First it was a few, then hundreds and now heading towards a thousand in a single day. The French just waving them through with a cheery bon voyage." Yahoo
  19. Boris Johnson’s biggest lie about Europe is finally coming home to roost From plummeting trade to drastic shortages of workers, needlessly leaving the single market has been disastrous. It was the big Brexit lie. No, not the £350m a week to spend on the NHS or the “bonfire” of red tape. The lie was that the shambles now enveloping British trade with Europe was an unavoidable price worth paying to leave the EU. That was rubbish. In order to further his chances of becoming Tory leader BJ made two commitments. One was to resign from the EU, the other was to depart Europe’s customs union and single market, aspects of which embrace other non-EU states such as Norway. The second decision was an almost casual gesture to make him look macho to the party’s hardline Brexiters. It was not put to referendum and was beyond stupid. Guardian
  20. @MrKennethClarke · Sep 6 The ‘Brexit dividend’ has turned into ‘Brexit tax rises’.
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