16 03, 2021

‘Global Britain’ or ‘Global England’: Why the UK’s new foreign policy won’t go down well in Scotland

By |2021-03-16T12:29:49+00:00March 16th, 2021|Categories: Brexit, Foreign Policy & Defence, Scotland, Trade, Trade & Financial services, Views from the Federal Trust|Tags: , , , , , , , |

This article was first published by the Scottish Centre on European Relations The UK government’s integrated defence and foreign policy review is about to see the light of day. Some of its likely approach is already clear. ‘Global Britain’ may be a mixture of post-Brexit ideology, imperial power nostalgia and [...]

12 03, 2021

Video: “After Brexit: Are the EU and UK on a Collision Course?”

By |2021-03-15T10:35:15+00:00March 12th, 2021|Categories: Brexit, Devolution, Europe, Scotland, Trade, Trade & Financial services, Video|Tags: , , , , , , , , , , , , |

In this video, our Chairman, John Stevens, and Director, Brendan Donnelly, discuss the likely future course of EU-UK relations and whether the two are on a collision course. They expect that friction will be the dominant feature of the relationship, and predict that a political force will emerge in the medium term [...]

19 02, 2021

Video: Brexit: Ending the City’s Dominance of European Finance?

By |2021-02-19T14:19:43+00:00February 19th, 2021|Categories: Brexit, Trade, Trade & Financial services, Video|Tags: , , , , , , , |

In this new Federal Trust video, our Council member Graham Bishop discusses the consequences of Brexit for the City of London. He draws particular attention to the reduction of the government’s tax revenues that is likely to follow reduction of the City’s access to the EU market:   You can [...]

24 11, 2020

Brexit, the City and equivalence

By |2020-11-24T12:24:14+00:00November 24th, 2020|Categories: Blog, Brexit, Trade & Financial services|Tags: , , , , , , , |

As discussions on an EU/UK trade deal post transition are now nearing the end, the City of London continues to worry about where it will be left from 1st January 2021. Financial services are not part of the main FTA agreement as had been hoped. Instead the City feels like [...]

2 10, 2020

EU-UK talks look like “tunnelling” toward a fudged deal

By |2020-10-09T11:46:02+00:00October 2nd, 2020|Categories: Brexit, Europe, Trade, Trade & Financial services|Tags: , , , , , , , , , , , , , , , , , , , |

Will there be a No Deal Brexit or a Free Trade Agreement, of some kind, by 15th October 2020?  This was the date by which UK Prime Minister Boris Johnson insisted an accord should be reached or, as he put it, Britain would simply walk away. Regaining British sovereignty? Given [...]

29 09, 2020

In search of equivalence – why “no-deal” would be bad for the financial sector, on both sides of the channel

By |2020-10-09T10:52:12+00:00September 29th, 2020|Categories: Brexit, Europe, Trade & Financial services|Tags: , , , , , , , , , , , , , , |

With the deadline for a deal being reached now centring around the 15th October European Council meeting, there are some signs of greater willingness to compromise on the two major issues of fishing rights and state aid.  If that is so it may also pave the way to making progress [...]

2 09, 2020

Level Playing Field, Lopsided Logic?

By |2020-09-02T12:35:02+00:00September 2nd, 2020|Categories: Brexit, Europe, Trade, Trade & Financial services|Tags: , , , , |

When the United Kingdom (UK) finally left the European Union (EU) earlier this year, it did so on the basis of a Withdrawal Agreement, attached to which was a Political Declaration. This latter text included within it a shared goal of establishing a Free Trade Agreement (FTA). The two parties [...]

22 07, 2020

How far can the Northern Ireland Protocol limit Brexit’s economic damage?

By |2020-07-22T09:45:01+00:00July 22nd, 2020|Categories: Brexit, Devolution, Europe, Trade, Trade & Financial services, UK Devolution|Tags: , , |

Photo credit: Albert Bridge (Wikimedia Commons/ CC BY-SA 2.0)   The Brexit project entails much collateral damage. The most prominent potential victim of UK departure from the EU to date – though others will no doubt become increasingly difficult to ignore – has been the island of Ireland. [...]

8 07, 2020

The financial sector after the transition period – will it get a meaningful equivalence?

By |2020-07-08T11:22:12+00:00July 8th, 2020|Categories: Brexit, Europe, Trade & Financial services|Tags: , , |

The first of the newly scheduled  weekly talks between the UK and EU teams on a trade deal by the end of the transition period  (31st December 2020) finished early last week, sending warning signals to those hoping for some breakthrough.  Time is running out. Prime Minister Johnson has rejected [...]