EXCLUSIVE
👗Billions of pounds of imports...
↗️Rising by more than 50% a year...
🛬Planes stuffed with cheap clothes...
🇨🇳And a loophole saving Chinese companies from £billions of UK taxes.
Behind the scenes of one of the biggest stories in the modern economy: e-commerce
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#britishairways#lhr excelling themselves this morning - place a full size boeing that has travelled 8hrs on a remote bus stand and have no buses - waited nearly 45mins to disembark so far - shockingly poor
In an attempt to throw some light on things…some thoughts on yesterday’s Budget announcement on Inheritance Tax Reliefs (APR/BPR) and farm businesses… (1/)
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"Concerns from suppliers that they could lead to higher prices for shoppers" - it's not the controls that would lead to higher prices.
The decisions that lead to higher prices were taken years ago we're just still in denial
/1
https://t.co/RNB0mLwL36
@DimitriHoutart Thanks for your efforts and championing rural affairs - I hope a vital and important priority for the BBC - good luck with future opportunities!
RE this: the case for modular housing. Rule of thumb is you need ratio of one contruction work per completed house (so a 300k workforce delivers 300k home/year). BUT if you build modular, in factories, you need about half the number of workers. (UK only has one modular factory)
Scenes at Edgbaston where India are playing Pakistan but people are watching the England game.
2 sets of rival supporters united by their love of England!
#PakvsInd#ENGSUI#comeonengland#england
Vet alignment, may also not remove need for checks, the single biggest concern of EU is protection of single market from ‘backdoor imports’ of foods like chlorine chicken and hormone beef - EU would want alignment + some kind of reassurance on food trade deals UK-> RoW
Labour is expected to do that, and per @jundu_econ at Aston, that could lead to a +22% uplift in food exports to EU, but even then, in context (h/t @JohnSpringford) is not gamechanging...that'd by c£2bn a year. UK goods exports to EU c£150bn. /5
Labour is expected to do that, and per @jundu_econ at Aston, that could lead to a +22% uplift in food exports to EU, but even then, in context (h/t @JohnSpringford) is not gamechanging...that'd by c£2bn a year. UK goods exports to EU c£150bn. /5
Just wanted to thank every single person who has sent me messages of support or responded to critics since we published THAT story. I've missed loads.
Your backing & the fact that so many women & girls have shared their own experiences has kept me going amid the friendly fire.
Just wanted to thank every single person who has sent me messages of support or responded to critics since we published THAT story. I've missed loads.
Your backing & the fact that so many women & girls have shared their own experiences has kept me going amid the friendly fire.
What Brussels and Washington don't want to hear - but need to...
"The inadvertent result of rising protectionism in the US and Europe could be to drive many emerging markets into China’s hands."
You can't compete globally from behind high walls.
https://t.co/9qqLbWUtcj
Next UK government must pursue better EU trade relations, say business group & grandees.
🇬🇧 Biz still being hit with costly new Brexit changes
🇬🇧 UK “must face reality”
🇬🇧 “Biggest act of economic & reputational self harm in modern history”
w/ @pmdfoster
https://t.co/rJrMg8q1UB
I wondered whether I would do this, when the time came. But there don’t seem to be many tales of him as a person going round. And, for reasons that will become apparent, I’ll always be grateful. So anyway here it is:
A 🧵on the personal kindness of @Keir_Starmer
On the money as ever @DavidHenigUK
Having just finished the latest @ShippersUnbound epic - it is so embarrassing to see the naive, superficial and unserious nature of our leadership - a fundamental inability to make real world decisions and put in the work
Time to give a bit of focus to an upcoming Brexit muddle, because all indications from both Labour and EU are that an SPS agreement is already sinking into confusion - and it is the fault of both sides. But not for the ECJ reasoning of the headline. https://t.co/reRYcgfc3W
Time to give a bit of focus to an upcoming Brexit muddle, because all indications from both Labour and EU are that an SPS agreement is already sinking into confusion - and it is the fault of both sides. But not for the ECJ reasoning of the headline. https://t.co/reRYcgfc3W
TL:DR - Labour has a long way to go to understand how to build the stronger UK-EU relationship. But so does the EU. There's a lot that needs to be reset in the relationship. That could happen after everyone's elections. But it will take quite some work.
Vet alignment would remove 90% of the friction in post-Brexit food trade - BUT - the only model that really works is UK ‘taking’ EU food rules - a pretty hard sell politically - and if agreed requires a level of cooperation and strategic delivery UK has not yet proved capable of
🚨🇪🇺🚨A UK-EU vet deal could boost British agrifood exports to Europe by more than 22 per cent — new research by @jundu_econ @gmssngr — via @ft. 1/2
Paper: https://t.co/FdKGHgGQSx
Story: https://t.co/nDTgIEVVSy