UK recovery begins to falter amid shortage of workers and supplies.

Britain’s economic recovery from the winter lockdown is showing signs of stalling amid shortages of workers and supplies due to the double whammy of Covid and Brexit, according to a Guardian analysis.

Despite the easing of most government pandemic restrictions, consumer caution appears to have crept higher in the past month as the Delta variant fuels a persistently high infection rate. In the meantime, UK businesses have come under pressure from global supply chain disruption and staff shortages.

British food and drink exports to EU fall by £2bn in first quarter of 2021.

British food and drink exports to the EU fell by £2bn in the first three months of 2021, with sales of dairy products plummeting by 90%, according to an analysis of HMRC data.

Brexit checks, stockpiling and Covid have been blamed for much of the downturn, but the sector has said the figures show structural rather than teething problems with the UK’s departure from the EU.

UK announces €250M towards Horizon Europe participation cost following scientist revolt.

The UK government, under pressure from science advocates, on Thursday promised an extra €250 million to help pay for the country’s association with Horizon Europe, the EU’s seven-year funding programme for research and innovation. But critics labeled it a “very opaque” move that may not avert all research budget shortfalls.

Brexit could be delayed until 2021, EU sources reveal.

Brexit could be delayed until 2021 under plans being explored by the EU’s most senior officials, at a time of growing exasperation over Theresa May’s handling of the talks, the Guardian can reveal.

A lengthy extension of the negotiating period is gaining traction as the EU’s default position should the Commons continue to reject May’s deal, and a request emerge.

Brexit fears: Panasonic to relocate European headquarters to Amsterdam.

Panasonic Corp is to move its European headquarters from London to Amsterdam in October to avoid potential tax issues linked to Brexit, the Nikkei Asian Review said on Thursday.

Moving the regional headquarters to continental Europe will also help Panasonic avoid any barriers to the flow of people and goods, Laurent Abadie, chief executive officer of Panasonic Europe, told Nikkei.

Brexit: International workers are rejecting London tech firms.

A third of London’s tech companies have lost out on international hires due to Britain’s decision to leave the European Union last year, according to a new survey.

Industry body Tech London Advocates said almost two thirds of tech entrepreneurs believe Brexit has already damaged the capital’s international reputation as a leading tech hub.

Despite the findings, over half of the 5,400 tech founders surveyed believed London remains the best place in Europe to start a tech company.

Subscribe to RSS - brexit