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UK-EU energy co-operation ‘vital’ to shield against geopolitical shocks, expert warns
Energy cooperation with the EU is “absolutely vital” to protect the UK from price spikes following geopolitical shocks, such as Russia’s invasion of Ukraine, an expert has warned.
FAQ: The UK-EU Youth Experience Scheme
Following the release of the UK Trade and Business Commission’s (UKTBC) pioneering report into a Youth Experience Scheme, outlining 17 recommendations for the government's negotiations with the EU, there’s a lot of detail to get across.
International students vital for Britain's soft power
International students gaining a "lifelong fondness for the UK" is a "vital component of Britain's soft power", after the government announced it would scrap target numbers for international students in the UK.
Exporters set to gain from upgraded UK–South Korea trade deal
The United Kingdom and South Korea have concluded negotiations on an upgraded free trade agreement, aimed at boosting exports of British goods including Bentley cars, Scottish salmon and Guinness brewed in the UK.
Horizons broadened for young Brits as UK to rejoin Erasmus
The government is set to announce tomorrow that the UK will rejoin the Erasmus+ scheme from January 2027 according to reports.
Launch UK-EU youth experience scheme with initial 44,000 cap, says cross-party commission
A new cross-party report recommends the UK and EU should launch the UK’s largest and most generous scheme to restore opportunities for young people who have been denied them by Brexit.
Experts outline opportunities and challenges as UK and EU pursue new Youth Experience Scheme
The UK Trade and Business Commission session brought together leading experts to assess the current state of UK-EU relations. Witnesses provided valuable insights into the ongoing negotiations of a ‘Youth Experience Scheme’ between the UK and the EU.
Businesses welcome India trade deal, but greater gains to be found closer to home
The prime ministers of the UK and India have signed a free trade agreement between the two countries. The deal will cut tariffs on a wide range of goods traded between the UK and India. Businesses have welcomed the agreement, although a number of key issues remain to be negotiated.
ONS trade figures reaffirm importance of UK-EU relationship
The latest trade figures from the ONS reaffirm that the European Union remains by far the UK’s largest and most important trading partner.
Further alignment with EU standards will improve patient safety
The UK Government has announced its intention to align with EU specifications on high risk in vitro diagnostic devices - tests on human samples for a wide range conditions, infections and diseases.
Deal between Law Society of England and Wales and Italian National Bar hailed as “post-Brexit breakthrough”
The Law Society of England and Wales has signed a Memorandum of Understanding with the Italian National Bar committing the two organisations to work together to support lawyers from each country working in the other.
Trump is 'permanent risk' to UK trade, former ambassador warns
Lord Kim Darroch warned that the US President’s repeated delays in introducing tariffs may have created an ‘optimism bias’ in people’s view of US trade policy.
UK-Australia MoU shows the way for future progress in UK-EU reset
The national accreditation bodies of the UK and Australia have signed a Memorandum of Understanding to “deepen collaboration and support trade and regulatory alignment” between the two countries.
Government trade strategy embraces UKTBC proposals
The UK Trade and Business Commission has welcomed the full publication of the government's trade strategy today which highlighted the unparalleled importance of EU trade for British businesses.
What is the UK's new Trade Strategy?
This morning the government published the UK’s new Trade Strategy, the first one since the UK left the EU. The report outlines the targeted approach the government will take over the coming years to provide ‘practical deals that deliver faster benefits to UK businesses’. The Trade Strategy makes clear that the EU is “our closest neighbour and trading partner”, with Prime Minister Keir Starmer saying that he wanted the UK-EU relationship “to move on in iterations” at the yearly summits the UK and EU have now agreed to.
Government to publish trade strategy
Commission Chair Andrew Lewin has welcomed the imminent publication of the government’s trade strategy and called for a renewed drive to secure mutual recognition agreements with the EU
Entering a new phase
Times have changed in UK-EU relations. Negotiators from London and Brussels appear to have been in a negotiating “tunnel” in early April, and the outside world didn’t notice. In amidst the closer cooperation may even be a certain amount of joint briefing designed to suggest how both sides are fighting for their interests on difficult topics, such as fish, to be triumphantly announced as being solved at the May 19 Summit.
What was in the Labour spending review?
When Rachel Reeves stood at the despatch box for Wednesday’s spending review her message was clear. The era of austerity was over. Fifteen years after George Osborne entered the Treasury, Reeves branded austerity as “a destructive choice for our economy…creating a lost decade for growth, wages, and living standards”.
US nuclear deterrent ‘no longer fully credible’, former NATO ambassador warns
Defence expert Sir Adam Thomson, who held the role at the North Atlantic Treaty Organisation (NATO) from 2014 to 2016, has today stressed that the “US nuclear deterrent that backs the NATO Article 5 guarantee is no longer fully credible”.
The UK avoids Trump's steel tariffs hike - for now. Here's what you need to know.
Donald Trump has temporarily exempted the UK from his executive order doubling the base rate of tariffs on steel and aluminium from 25% to 50%. The UK’s rate will remain at 25% until at least 9 July 2025, due to the recently agreed UK-US Economic Prosperity Deal (EPD) - but with a warning that the exemption relies on the EPD being implemented. So what is in the EPD? And what do these latest tariffs mean for the UK?