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.... The second is ensuring that there is no new, more complex regulation and that there is free movement of goods and minimal barriers to trade. Regulation impacts complexity, complexity impacts costs, as do trade barriers and tariffs. ... [Read full article on Guardian ]
Friday 24th of March 2017 01:56:19 PM
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Cadbury says chocolate could get smaller after Brexit image
Source : Guardian [Read Article] Friday 24th of March 2017 01:56:19 PM
.... The second is ensuring that there is no new, more complex regulation and that there is free movement of goods and minimal barriers to trade. Regulation impacts complexity, complexity impacts costs, as do trade barriers and tariffs. ...
No EU trade deal is better than a bad deal? Don’t bet on it, Theresa May | Jonathan Portes image
....And it’s true that the WTO does provide a safety net. WTO rules mean the EU couldn’t impose punitive tariffs on us out of spite – it would have to treat our exporters in broadly the same manner as those from the US. ...
Energy price cap implications ominous, former regulators say image
Source : BBC [Read Article] Thursday 23rd of March 2017 06:49:47 AM
....According to five former energy regulators, such a move would have an "adverse effect" on the market and could have "ominous implications". Their intervention comes amid speculation that the government is poised to announce price controls for customers on standard energy tariffs. ...
Brexit: Single market benefit 'largely imaginary' image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:13:02 AM
....This usually refers to the European Union's single market and is perhaps the most ambitious type of trade co-operation. That's because as well as eliminating tariffs, quotas or taxes on trade, it also includes the free movement of goods, services, capital and people. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
....02m in 2015 to £4. 15m in 2016, enough to pay the heating and lighting bills for nearly 4,000 customers on the company’s standard tariff. ...
Do not let Brexit ruin car industry, urges chair of London Taxi Company image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:51:15 AM
....The increase in costs – equivalent to more than 10% per vehicle – would hit if Britain falls back on World Trade Organisation rules after leaving the EU. Even if the UK agrees a tariff of 5% with the EU on importing and exporting cars and 2. ...
Trouble on the ranch image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:57 AM
.... . President Trump's promise to renegotiate Nafta and possibly place tariffs on Mexico or other US trading partners has the industry worried. ...
Texas cattle rancher fears for future image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:55:40 PM
. Texas cattle rancher Coleman Locke is concerned that farmers like him could be the losers if President Donald Trump goes ahead with his promise to renegotiate Nafta and possibly place tariffs on Mexico or other US trading partners. ...
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Lord King: Scotland 'could be independent' image
Source : BBC [Read Article] Monday 20th of March 2017 09:34:16 PM
....On the implications for Northern Ireland's border with the Republic of Ireland post-Brexit, Lord King said it was in "everyone's interests to have an imaginative discussion about where we should go". He said there may be a "way of shifting the tax and tariff border, from the land frontier to the sea frontier while not disturbing the political arrangements". ...
Hard Brexit 'could increase cost of making a car in UK by £2,400' image
Source : Guardian [Read Article] Monday 20th of March 2017 06:34:46 PM
....The increase in costs – equivalent to more than 10% per vehicle – would hit the average UK-built car if Britain falls back on World Trade Organisation rules after leaving the European Union. Even if the UK agrees a tariff of 5% with the EU on importing and exporting cars and 2. ...
Vodafone deal creates India mobile giant image
Source : BBC [Read Article] Monday 20th of March 2017 05:09:56 AM
.... . That has forced firms to keep tariffs low, significantly affecting their profitability. ...
Brexit Britain is suddenly debating trade – but it's the wrong talking point | Larry Elliott image
.... In the past nine months, trade has gone from being too boring to mention into a subject about which everybody has a view. Those who eyes would once have glazed over at the mention of bound tariffs or trade facilitation agreements can now wax lyrical about what it would mean for Britain if it had to rely on World Trade Organistion rules after it leaves the EU. ...
Big Six energy companies face price caps after free market fails Brits image
Source : Daily Express [Read Article] Sunday 19th of March 2017 08:52:00 AM
.... . This follows standard tariff increases from Npower, EDF Energy, SSE, Scottish Power and E. ...
Aberdeen wrestles with hard choices as independence looms again image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
.... But the Irish government is nervous about Brexit for the same reasons Scotland should be. Britain is the biggest destination for its exports, and the prospect of tariffs could persuade several industries to decamp almost entirely to the rest of the UK. ...
G20 finance ministers drop anti-protectionist pledge image
Source : BBC [Read Article] Saturday 18th of March 2017 03:22:36 PM
.... With the sun shining in the German spa town of Baden-Baden, the first annual meeting of the G20 got under way with a reassurance from the US Treasury Secretary Steve Mnuchin that the White House was not interested in instigating international trade wars. The combined efforts of Germany, and nascent free-trade champions China, it was thought, would temper some of Washington's threats of imposing punishing border tariffs and renegotiating long-standing trade agreements. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
. Theresa May’s government is preparing to intervene in Britain’s energy market to weaken the influence of the big six providers and stop the poorest families being forced on to the most expensive tariffs. ...
Toyota invests £240m in Derbyshire plant – but warns over Brexit tariffs image
....Greg Clark, the business secretary, said Toyota’s investment demonstrated its faith in employees at the site. However, the European boss of Toyota warned tariff-free access to Europe was vital to the future success of the plant. ...
Vote of confidence image
Source : BBC [Read Article] Thursday 16th of March 2017 10:17:03 AM
.... Our future trading arrangements with Europe and the rest of the world are far from clear. The car industry has warned that prohibitive tariffs could result in "death by a thousand cuts". ...
Toyota to invest £240m in UK plant at Burnaston image
Source : BBC [Read Article] Thursday 16th of March 2017 09:39:48 AM
....Johan van Zyl, chief executive of Toyota Motor Europe, said the investment showed that the company was doing all it could to make Burnaston more competitive. However, he warned: "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success. ...
UK climate targets 'will raise household energy bills by £100 in a decade' image
.... The cap has been proposed by the Conservative MP John Penrose and would limit the gap between the best and worst deals on the market. About 50 MPs have backed a motion to be debated in parliament on Thursday, on the need to protect consumers on standard variable tariffs, which are the most common deal for British households. ...
Low carbon drive 'cuts household bills' image
Source : BBC [Read Article] Thursday 16th of March 2017 12:13:08 AM
.... . Lord Deben said that, contrary to popular opinion, household bills in the UK were around average for Europe, although many households could still save £200-300 a year switching from standard variable tariffs to the lowest available tariffs. ...
US raises benchmark interest rate by 0.25% image
Source : BBC [Read Article] Wednesday 15th of March 2017 06:29:37 PM
...."If White House plans for deregulation, tax cuts and more government spending are realised, then growth and inflation could be stronger than expected and lead to more hikes," he said. "On the other hand, potential border taxes, trade tariffs and tighter monetary policy could slow growth and inflation," he added. ...
Q&A: What will happen if the Federal Reserve raises US interest rates? image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:08:31 PM
.... Now China is letting the yen fall and with interest rate rises in the US pushing up the dollar, the gap will widen, increasing the cost of US exports and reducing import prices. Trump can only complain about the currency, but he could make good on threats to impose tariffs on Chinese goods, sparking a trade war. ...
Energy costs to soar as Big Six companies turn up the heat image
Source : Daily Express [Read Article] Tuesday 14th of March 2017 08:01:00 AM
. Your combined gas and electricity tariffs could rise by as much as 10 per cent, as five out of the Big Six suppliers unleash inflation-busting price hikes. ...
SSE to raise electricity prices next month image
Source : BBC [Read Article] Monday 13th of March 2017 09:52:44 AM
....It blamed the increase on government policies that mean customers subsidise energy from renewable sources and the cost of smart meter installation. Other government-imposed costs include subsidising the feed-in tariff scheme for home owners that install solar panels on their roofs. ...
Martin Lewis: ALL Big 6 standard energy bills are RIP OFF after SSE hike image
Source : Daily Express [Read Article] Monday 13th of March 2017 09:16:00 AM
....  . “And the picture is grim – everyone on a standard tariff from the big six, including British Gas, is being ripped off. ...
Energy companies ‘ripping off’ millions, ministers say image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
.... Wherever markets are not working for consumers, this government is prepared to act. ” So far this year three large companies have announced price increases of just under 10% on dual-fuel standard variable tariffs, adding about £100 a year to customers’ bills. ...
Most of us don’t change energy suppliers. We need to cap variable tariffs image
.... But we need to go further. At present there are two-thirds of us who don’t switch who are with the big six energy companies on expensive standard variable tariffs (SVT). ...
Brexit and Bochum haunt Vauxhall in the new battle for Ellesmere Port image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
.... The Vauxhall-Opel operation hasn’t made a profit since 1999 and has made cumulative losses of $20bn since then. British carmakers are already nervous about their prospects when the country leaves the European Union: tariffs or other trade barriers on British cars exported to the EU could deal a hammer blow to the sector. ...
SNP demands to see UK government's Brexit 'promises' to Nissan image
Source : BBC [Read Article] Saturday 11th of March 2017 12:57:04 AM
.... . Business Secretary Greg Clark confirmed last year that he had written to the Japanese firm to offer guarantees on how tariff-free trade could continue. ...
Jack Monroe wins Katie Hopkins libel tweet case image
Source : BBC [Read Article] Friday 10th of March 2017 03:35:05 PM
....He said their publication "not only caused Ms Monroe real and substantial distress, but also harm to her reputation which was serious". Media lawyer Mark Stephens, of law firm Howard Kennedy, said Mr Justice Warby had set a "tariff" at £24,000 for Twitter libel cases, which would "undoubtedly encourage more claims". ...
Chocolate price hike if Brexit deal fails, warns Mars image
Source : BBC [Read Article] Friday 10th of March 2017 12:52:27 PM
....Chocolate prices could rise if the UK does not secure a trade deal post-Brexit, according to Mars' top boss. Fiona Dawson, global president for Mars, said the absence of a deal with EU member states would see tariffs of up to 30% for the industry. ...
Prospect of £1.7bn fine looms large over PM's talks with EU leaders image
Source : Guardian [Read Article] Wednesday 8th of March 2017 10:30:19 PM
.... The British government has been in the vanguard of countries defending EU rules that allow artificially cheap (but legal) Chinese steel into European markets, hurting European jobs and companies. The EU’s 28 member states belong to a customs union, where a common tariff is levied on imports from outside the bloc. ...
WTO what? image
Source : BBC [Read Article] Wednesday 8th of March 2017 12:33:35 AM
....As an EU member, the UK and UK-based firms can sell their goods to EU customers without having to pay additional taxes. Likewise, British firms and consumers can import from the EU tariff-free. ...
E.ON price rise branded 'monstrous' as users face £97 a year extra image
Source : Guardian [Read Article] Tuesday 7th of March 2017 03:32:17 PM
....The company’s 8. 8% price rise for customers on a dual-fuel standard tariff from the end of next month is the second highest increase among several announced recently by rivals, including a 9. ...
Solar power growth leaps by 50% worldwide thanks to US and China image
Source : Guardian [Read Article] Tuesday 7th of March 2017 01:00:41 PM
.... To start with, increasing the 2030 renewable energy target to at least 35% [up from 27%] will send a strong signal that Europe is back in the solar business,” said Alexandre Roesch, policy director at SolarPower Europe. European solar companies have also been urging the European commission to rethink the anti-dumping tariffs it imposed on Chinese solar panels in 2013. ...
E.On to raise gas and electricity prices in April image
Source : BBC [Read Article] Tuesday 7th of March 2017 11:24:37 AM
....Big six energy provider E. On has said it will increase its dual fuel standard variable tariffs by 8. ...
Vauxhall's Luton and Ellesmere Port factories will face battle after 2021 image
....UK car factories already operate on profit margins of less than 10% and a production model called “just-in-time” means parts arrive at plants just hours before they are added to the car, so any interruption could make them unviable. Bailey said: “Parts can cross the Channel three, four, five times, so you need to manage those barriers in terms of tariffs and bureaucracy. ...
Car deal image
Source : BBC [Read Article] Monday 6th of March 2017 12:49:19 PM
.... . And while Prime Minister Theresa May intervened to ensure that Nissan will build new Qashqai and X-trail models at its plant in Sunderland, Koji Tsuruoka, Japan's ambassador in London, has warned that car companies could leave if post-Brexit tariffs hit profitability. ...
Switch hitch: Ofgem to look into improper exit-fee allegations image
Source : Guardian [Read Article] Monday 6th of March 2017 11:14:41 AM
....”. MSE said it had been contacted by npower customers within the 49-day window whom the company had emailed in December, telling them: “As you have left your tariff before the end of the fixed term, we will be charging you an exit fee. ...
Vauxhall-Opel sold by GM to Peugeot-Citroen image
Source : BBC [Read Article] Monday 6th of March 2017 07:31:41 AM
....But former Business Secretary Sir Vince Cable expressed concerns about jobs because of the government's "lack of commitment to the customs union and the single market". "Car components have to go backwards and forwards across frontiers and they will acquire tariffs and checks. ...
Sorry, Brexit doomsayers, the outlook is good on global growth image
Source : Guardian [Read Article] Saturday 4th of March 2017 05:00:20 PM
....They are betting that far-right groups in Europe will lose out to centre-right groupings and that the financial problems in Greece are ring-fenced; that the Chinese communist party will retain its grip on the economy to keep things moving forward; and that Russia will consider it too risky to encroach further into Ukraine. They also take a generous view of Donald Trump’s plans for tax cuts and infrastructure spending while dismissing his tub-thumping demands for a wall with Mexico and a trade war with almost anyone who wants to have a fight over tariffs. ...
A Mini part's incredible journey shows how Brexit will hit the UK car industry image
. If there is just one anecdote that succinctly sums up the problems that Brexit and the threat of tariffs pose to the UK car industry, it is this: the story behind the crankshaft used in the BMW Mini, which crosses the Channel three times in a 2,000-mile journey before the finished car rolls off the production line. ...
CBI chief warns against 'no deal' Brexit image
Source : BBC [Read Article] Thursday 2nd of March 2017 08:52:43 PM
.... . "The UK would face tariffs on 90% of its EU exports by value and a raft of new regulatory hurdles. ...
Brexit without trade deal would open Pandora's box, says CBI chief image
Source : Guardian [Read Article] Thursday 2nd of March 2017 06:25:49 PM
.... The more I hear that, the more I worry that that becomes the narrative,” he said. Recent Guardian analysis suggested reverting to WTO trading rules – an outcome sometimes referred to as “hard Brexit” – could cost firms up to £6bn in increased tariffs alone. ...
Trump promises 'aggressive' action on trade to protect US image
Source : BBC [Read Article] Thursday 2nd of March 2017 02:08:52 PM
...." . One complaint in the report is the fact that some countries maintain "high tariffs" (taxes applied only to traded goods) which block access to their markets. ...
Donald Trump has made rookie mistakes – he must change his approach image
Source : Guardian [Read Article] Thursday 2nd of March 2017 08:59:39 AM
....On trade, Trump’s statements have also been somewhat disconcerting. Beyond withdrawing from the Trans-Pacific Partnership, he has suggested renegotiating the North American Free Trade Agreement and threatened to impose high tariffs on Chinese imports. ...
Unite blames Brexit as Ford prepares to cut 1,160 Welsh jobs image
Source : Guardian [Read Article] Wednesday 1st of March 2017 05:57:25 PM
. Len McCluskey, the head of the UK’s biggest trade union has urged Theresa May to guarantee car makers tariff-free access to the single market after Brexit, as Ford unveiled plans to cut 1,160 jobs over five years at its engine factory in Bridgend, Wales. ...
Dyson shrugs off Brexit fears with massive UK expansion plan image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:19:58 PM
....The tycoon said that Britain is a “great place to do business” due to the low rate of corporation tax, the skills of engineers and scientists, and the decline in the value of the pound against the dollar and euro. “These are far more important elements than any WTO [World Trade Organisation] tariffs. ...
Brexit means taxpayers need to support supply chain, says Nissan image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:56:52 PM
....“From Nissan alone, we would like to spend something like £2bn or more per year on parts from the UK, assembled in the UK,” he said. Nissan is looking to increase content from British suppliers because of the threat of tariffs on components, which can travel several times between the UK and other EU countries during the construction of a vehicle. ...
George Osborne warns against leaving EU without trade deal image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:18:11 PM
....Mr Osborne, who campaigned to remain in the EU but was sacked by Mrs May after she took power in July, told business leaders that he recognised that the UK would be leaving the EU and he was not seeking to "fight the last war". But he said leaving the EU without a proper agreement would impose significant costs on the British economy, with up to half of all British exports facing tariffs and additional regulations for trading with EU. ...
Landline charges for 2m customers to be cut as telecoms watchdog steps in image
Source : Guardian [Read Article] Tuesday 28th of February 2017 09:12:38 AM
....BT said about half of its landline-only customers take broadband from another provider such as Sky, and it writes to them to persuade them to switch to a package with BT. The company stressed it took its responsibilities in this area “very seriously”, saying: “Unlike other companies, we have many customers on special tariffs for socially excluded or vulnerable customers, including BT Basic. ...
BT landline-only customers set to get £5 off monthly bills image
Source : BBC [Read Article] Tuesday 28th of February 2017 07:28:21 AM
....The telecoms giant said it took its responsibilities "very seriously". "Unlike other companies, [we] have many customers on special tariffs for socially excluded or vulnerable customers," BT said. ...
BMW considers making electric Mini outside UK due to Brexit worries image
Source : Guardian [Read Article] Monday 27th of February 2017 06:21:12 PM
.... Another option for BMW is to produce the car in the Netherlands, where roughly one in three Minis are already made. The German carmaker is likely to hold talks with the British government before making a decision but is concerned about the prospect of the UK leaving the single market and being charged tariffs on imports and exports. ...
'I never felt it was mine' image
Source : BBC [Read Article] Monday 27th of February 2017 12:17:45 AM
...."Currently we sell to France and we sell to the US," he says. "The US has tariffs and that's an inconvenience, but it's not a deal breaker. ...
Energy bills: customer switching hits six-year high image
Source : BBC [Read Article] Monday 27th of February 2017 12:05:06 AM
....Firms were not doing enough for about two thirds of customers, Ofgem added. In the coming weeks, standard gas and electricity tariffs will go up at Npower, Scottish Power, Co-operative Energy and First Utility, while EDF will raise electricity prices. ...
Energy bills: are UK customers finally starting to switch supplier? image
Source : Guardian [Read Article] Monday 27th of February 2017 12:01:44 AM
....The Competition and Markets Authority (CMA) opted against wide-ranging curbs on bills last year following a two-year inquiry and instead recommended more action to encourage switching. However, the debate on price caps has resurfaced this year after a host of energy providers announced steep tariff hikes. ...
The Bank of England fears it may not spot the next crisis. Here’s where to look image
....Trump is running his White House much like he controlled the two teams on The Apprentice. The radical team and the sober-suited team are sent away to determine how to overhaul corporate taxes one week, impose tariffs on Mexico the next and in the third week resolve how to increase infrastructure investment. ...
The truth about falling gas prices image
Source : Guardian [Read Article] Saturday 25th of February 2017 06:59:05 AM
....But a 22% price rise is a long way from a 5% fall. EDF said my father’s gas price was rising because he was coming off one tariff and moving on to another. ...
EU states back call for UK to agree €60bn exit bill before trade talks image
Source : Guardian [Read Article] Friday 24th of February 2017 05:06:20 PM
....However, in recent days the French prime minister, the Italian minister for EU affairs and senior German diplomats have said this will not happen, echoing the commission’s position that the financial settlement must be dealt with first. In a fresh blow to May, parties in the Czech parliament have also signed a statement backing the commission, despite their hopes that an eventual deal will prevent tariff and non-tariff barriers to trade with Britain. ...
Barclays: triple the profits, but still a work in progress | Nils Pratley image
Source : Guardian [Read Article] Friday 24th of February 2017 07:09:13 AM
.... The idea that salvation for RSA implied submission to the big insurers’ fashion for consolidation couldn’t have been more wrong. Are standard tariffs at British Gas a raging rip-off or are they are “actually decent value”, as Iain Conn, boss of parent Centrica, maintains? We’ll await regulator Ofgem’s next views on interplay between fixed and standard tariffs. ...
Trump's Treasury Secretary targets tax reform 'by August' image
Source : BBC [Read Article] Thursday 23rd of February 2017 05:37:58 PM
....Mr Mnuchin said that tax cuts combined with deregulation would boost economic growth to 3% by the end of 2018. He said his team was still "looking at" the subject of a border adjustment tax that would put a tariff on imports. ...
British Gas worst-value tariffs are not 'evil empire', boss says image
Source : Guardian [Read Article] Thursday 23rd of February 2017 01:28:27 PM
....The boss of British Gas’s parent company has defended the worst-value energy deals that two-thirds of households are on, saying they are not the “evil empire”. Iain Conn, Centrica’s chief executive, claimed such standard variable tariffs, which are around £200 more expensive than the cheapest fixed-price deals, are good value, customers found them attractive and chose to be on them. ...
British Gas says competition has hit profits image
Source : BBC [Read Article] Thursday 23rd of February 2017 09:02:22 AM
.... . "Standard tariffs are actually good value and our standard tariff is demonstrably good value and I think the government are understanding that this market is starting to change. ...
Gas and electricity prices may have to rise further, warns industry body image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:11:24 PM
....”. He argued it was “hard for me to judge” whether Npower had justified the increase in its standard variable tariff. ...
WTO's new global trade deal comes into force image
Source : BBC [Read Article] Wednesday 22nd of February 2017 03:03:04 PM
....The Trade Facilitation Agreement (TFA) involves streamlining customs procedures. Mr Azevedo said it would have a bigger impact than eliminating all existing taxes on imports, known as tariffs. ...
The supermarket food gamble may be up | Felicity Lawrence image
Source : Guardian [Read Article] Monday 20th of February 2017 06:00:29 AM
....But when you take into account climate change, the shortages of early 2017 look more like a taste of things to come than just a blip, and that is almost impossible for supermarkets to admit. Add the impact of this winter’s weather on Mediterranean production, the inflationary pressures from a post-Brexit fall in the value of sterling against the euro, and the threat of tariffs as we exit the single market, and suddenly the model begins to look extraordinarily vulnerable. ...
British Gas price freeze is unlikely to impress customers image
Source : Guardian [Read Article] Sunday 19th of February 2017 07:00:02 AM
....However, the move – which is being funded by cost cutting – could prove to be a temporary respite for consumers, given wholesale prices are still rising. Barclays analysts said: “We expect [British Gas owner] Centrica will have to raise tariffs in August, or face a retail . ...
Chancellor is an 'economic illiterate', claims pro-Brexit economist image
Source : Guardian [Read Article] Thursday 16th of February 2017 06:48:23 PM
. The chancellor, Philip Hammond, has been described as “economically illiterate” by the head of a group of economists lobbying for the UK to ditch tariffs and embrace free trade after Brexit. ...
Trump's changed stance on Nato, will he sober up about IMF and WTO? | Barry Eichengreen image
.... “And we wonder why international organisations are ineffective,” he complained. Likewise, last July, he mooted the possibility that the United States might withdraw from the WTO if it constrained his ability to impose tariffs. ...
Energy bills to rise up to 28% for thousands in UK as fixed contracts end image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:23:09 PM
....Thousands of UK households are facing gas and electricity bill rises of up to 28% as fixed price contracts signed before recent energy price increases come to an end. So far this winter, EDF, npower and Scottish Power have all announced hikes, meaning the customers of those companies need to look carefully at what they paying, particularly if they coming off a fixed tariff. ...
Unite leader warns GM his union will not accept any Vauxhall job losses image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:13:22 PM
....“This can be done, in our view, while controlling access to the labour market, so it is vital that the government thinks again about its priorities for UK manufacturing. It also makes it even more vital that the government takes this opportunity to work with the sector to bring the production of car components back to the UK, so that we can run our businesses without facing bruising tariffs. ...
General Motors looks to sell loss-making Vauxhall and Opel image
Source : Guardian [Read Article] Tuesday 14th of February 2017 01:42:44 PM
....He stressed that if PSA buys Opel, it should not forget that the UK is the second-largest car market in Europe, but warned that whoever owns Vauxhall would need to be protected in Brexit negotiations. “We want to get to a point where whatever deal is agreed is one that doesn’t introduce any barriers of tariffs to the car industry. ...
Fancy some sun, sea and sand? Brexit means it will cost you 15% more image
Source : Guardian [Read Article] Sunday 12th of February 2017 07:01:00 AM
....Many other countries are also suffering their own currency woes. Mexico remains affordable as the peso has been hit by President Trump’s electoral threats about tougher tariffs and immigration restrictions. ...
Holidaymakers book early for summer to beat falling value of pound image
Source : Guardian [Read Article] Sunday 12th of February 2017 12:05:30 AM
.... “People are much more aware of the impact of sterling on the price of their holiday,” said Walsh. The currency concerns have also led to a boost in interest in holidays in Mexico, where the peso has been hit by Donald Trump’s electoral threats about tougher tariffs and immigration restrictions. ...
Scottish Power customers to be hit by 7.8% price hike image
Source : Guardian [Read Article] Friday 10th of February 2017 12:26:20 PM
....7% rise in gas. The prices take effect for households on standard variable tariffs from 31 March, a few weeks after the npower and EDF rises. ...

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