Economic Times (December 21)
“The United Kingdom has endured in one form or another for hundreds of years but between Brexit and the coronavirus, the country is creaking and some suggest it may be on the verge of breaking up entirely.”
Tags: Breaking up, Brexit, Coronavirus, Creaking, Endured, UK
Wall Street Journal (December 17)
“Who wins from Brexit? New York.” No matter how “current negotiations between the U.K. and EU end, U.S. swap exchanges stand to gain European business.”
Tags: Brexit, Business, EU, Gain, Negotiations, New York, Swap exchanges, U.K., U.S., Wins
Reuters (December 13)
“A final Brexit without a trade deal would damage the economies of Europe, send shockwaves through financial markets, snarl borders and sow chaos through the delicate supply chains across Europe and beyond.” British Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen agreed to extend talks beyond Sunday. “With a succession of deadlines missed, time is now critically short.”
Tags: Borders Chaos, Brexit, Damage, Europe, Financial markets, Johnson, Leyen, Shockwaves, Supply chains, Trade deal, UK
Financial Times (December 10)
“When the dust settles on the UK’s departure from the EU, few doubt that London will remain a major financial centre for the foreseeable future, as well as by far the largest hub in the European timezone, but there will doubtless be headwinds.”
Tags: Brexit, Departure, Doubt, Dust, EU, Financial centre, Future, Headwinds, Hub, London, Settles, UK
CNN (November 10)
“Johnson has mismanaged Covid, Brexit and the economy. Now his inner circle is falling out…. The political storm surrounding Johnson and his team of advisers broke on the same day that the UK’s coronavirus death toll passed the eyewatering 50,000 figure.” The shakeup could signal an eventual concession to the EU on Brexit as “the simplest route to a breakthrough that would lead to a deal.”
Tags: Advisers, Breakthrough, Brexit, Concession, Covid, Death toll, Economy, EU, Johnson, Mismanaged, Political storm, UK
Investment Week (October 20)
“The UK’s credit rating has been downgraded by Moody’s amid a looming economic hit from the coronavirus pandemic and the forthcoming Brexit deadline.” The UK’s sovereign debt status dropped “one notch to Aa3, from Aa2,” with the ratings agency “noting that Britain’s growth has been meaningfully weaker than expected and is likely to remain so in the future.”
Tags: Aa3, Brexit, Coronavirus, Credit rating, Deadline, Debt, Downgraded, Economic hit, Looming, Moody's, Pandemic, Sovereign, UK
The Guardian (October 2)
“Is there still time for a Brexit trade deal?” Scheduled talks have ended with only 90 days left until the transition period ends. The chances of a deal are now “as finely balanced as the original Brexit vote itself: around 50/50. Big political choices are yet to be made – and the chances of the two sides arguing themselves out of time cannot be ruled out.”
The Guardian (July 15)
“Brexit was meant to make Britain global. It has made us friendless.”
Tags: Brexit, Friendless, Global, UK
The Guardian (June 3)
Covid-19 has not given Boris Johnson “the Churchillian moment that he imagined. It has proved too big for him.” Both “personally and politically, Johnson has had a bad pandemic. This is not what he thought being prime minister would be like.” At this point, Johnson just wants to wash his hands of Covid-19 and “get back to being the leader of Brexit Britain.”
Financial Times (March 2)
“Europe as a whole, the UK included, should prepare for two foreseeable material economic shocks this year: a spread in the coronavirus and a WTO Brexit.” This may help create “the perfect storm for an economy dependent on exports and global supply chains.”
Tags: Brexit, Coronavirus, Economic shocks, Europe, Exports, Foreseeable, Material, Supply chains, UK, WTO
