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Scoop.it!
Advisers asked to find a solution to the Irish border Brexit problem run into immediate difficulties. Via Graham Watson 
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Less than 10% of firms have applied to a HMRC scheme aimed at facilitating UK imports, Newsnight reveals. Via Graham Watson
Graham Watson's curator insight,
June 13, 2019 4:25 AM
Apparently, a small minority of British firms are prepared for a no deal Brexit. What a surprise. However, with Boris in charge, I'm sure that everything will turn out all right in the end. Ho ho.
As things stand 90% of British firms still haven't registered with HMRC to facilitate imports and exports via the Transitional Simplified Procedures (TSP)
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Nobody knows if wine will still flow freely across the Channel if the UK crashes out without a deal Via Graham Watson
Graham Watson's curator insight,
February 9, 2019 5:36 AM
A very worrying story - Brexit could have adverse implications for the wine industry - and vineyards have already brought forward bottling to ensure that there's enough wine stockpiled in the UK in the event of no-deal.
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Graham Watson's curator insight,
January 24, 2019 4:09 PM
Brexit and the car industry. Only one outcome.
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A host of major manufacturers move their business from UK regulators and stockpile parts Via Graham Watson
Graham Watson's curator insight,
January 21, 2019 2:57 AM
The UK car industry has been at the forefront of calls for clarity as regards Brexit, but is now making contingency plans in the event of a no-deal Brexit.
Yet another cost of this ongoing farce.
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An "abrupt" Brexit could lead to shortages and hoarding, says the Office for Budget Responsibility. Via Graham Watson
Graham Watson's curator insight,
October 11, 2018 9:25 AM
News, apparently, Courtesy of the Office for Budget Responsibility.
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Disruption caused by tariff and non-tariff barriers could cost the car industry £7.5bn a year Via Graham Watson
Graham Watson's curator insight,
July 6, 2018 3:35 AM
This is an excellent article highlighting the impact of Brexit on Jaguar Land Rover - in a straightforward fashion. It is a must-read in my view.
And some of my classes are likely to see it in one form or other. Next year! Hurrah for the holidays...
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Analysis commissioned by London mayor predicts ‘lost decade’ of slump and lower employment with hard Brexit
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Newsnight's Helen Thomas reports on how UK businesses are preparing for the case of a no deal Brexit.
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Graham Watson's curator insight,
June 27, 2019 2:54 AM
You have to take your hat off to the man. This is why he earns the big bucks.
Apparently no-deal Brexit might require interest rate cuts. I suspect that my Year 12 economists have figured this out. Without the £480,000 per year salary or £250,000 per year housing allowance.
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Ben Broadbent says projects postponed amid political uncertainty will be cancelled Via Graham Watson
Graham Watson's curator insight,
May 21, 2019 3:29 AM
That's why they earn the big bucks!
The Deputy Governor of the Bank of England considers the big issues. Next week, he'll be dealing with the toilet habits of the ursine community and the faith of successive pontiffs.
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Almost all Welsh meat exported from the UK goes to EU countries. Ceredigion farmer Wyn Evans fears trouble ahead Via Graham Watson
Graham Watson's curator insight,
January 24, 2019 4:12 PM
A headline that says it all.
"No deal would be horrific".
It certainly would for Welsh farmers whose largest export market, by a considerable margin, is the EU.
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Speaking in Davos, chancellor says changes such as end to free movement are on the way Via Graham Watson
Graham Watson's curator insight,
January 24, 2019 4:07 PM
The Chancellor has told assembled business leaders that "Brexit means Brexit" and that they need to accept that, as well as prepare for a world without free movement of labour.
However, on the same day, the Governor of the Bank of England, Mark Carney, has told Davos that the evidence is that many businesses are unprepared for a no-deal Brexit.
So, it sounds as though we're well prepared then...
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The Bank of England warning aims to focus politicians on getting a Brexit deal done. Project Fear Mk II might just work Via Graham Watson
Graham Watson's curator insight,
November 2, 2018 7:08 AM
The latest Quarterly Inflation Report was released yesterday emphasising the dangers of a mismanaged Brexit to the UK economy. Remarkably, it also flagged up the fact that a no deal Brexit might even see interest rates rise and not just fall as some anticipate.
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No 10 insists it can get a good deal for the UK, after Liam Fox says chances of a no-deal are 60%. Via Graham Watson
Graham Watson's curator insight,
August 5, 2018 8:45 AM
I can't help thinking that the 'chickens are coming home to roost' - as Brexiteers meet reality.
And Jacob Rees-Mogg lurks in the background.
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The likelihood of the Government failing to reach a Brexit deal is plummeting, which should reduce the risk facing the economy and inject more confidence into businesses and investors, according to analysts at leading global banks JP Morgan and UBS.
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Documents warn EU could shut down companies’ ability to operate across Europe and block funding streams
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David Davis and Liam Fox were adamant leaving the EU would be easy. But with talks deadlocked, a no-deal scenario is horribly likely
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Another surprise - the government's attempts to find a technological solution to the Irish border appear to be floundering.
Well, I never!