The House of Commons is currently reviewing a package of laws, introduced over the last year by Theresa May’s government, which will have a major impact on the post-Brexit future of the United Kingdom. The European Union, the Taxation and the Trade bills will implement the legal framework for exiting the European Union. Trade is one of the key issues the UK is facing – as it leaves the European Union, it will lose the benefits of over 40 trade agreements which account for almost 25% of UK’s exports outside of the EU. This law will ensure the transition out of the European common commercial policy and should minimize the impact of Brexit on UK’s economy. However, the government’s project is inherently flawed and is facing resistance as it passes through the legislative process.
READ MOREAfter recent declarations by Theresa May and David Davis, the UK’s conservative government seems to be convinced that a “hard” Brexit is the best option for the country. Discussions with the EU over the UK’s participation in the single market seem to have been halted and the Norwegian European model rejected. This is terrible news for UK trade and especially for the services sector which is the UK’s most important trading sector, with a trade surplus equating to 5% of the national income (about $138 billion).
READ MORE2016 has brought us Brexit and Trump, and with them came the loud, mass calls for repeating or at least recounting the votes. So what happened to respecting the will of the people? Don’t get me wrong, I am just as appalled and disappointed by the recent turn in Western politics as you probably are. However, the people have voted and I must respect that. And so do you and so does everyone else. Whether we are happy about the result or not.
READ MOREFollowing Brexit, the UK farming industry will lose £3 billion in EU subsidies. In its place a sustainable, logical reform has been proposed by the National Trust to pay farmers for environmental services. This should be seized.
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