Deal for British carmakers to avoid high Canadian tariffs set to expire: U.K. – National

Deal for British carmakers to avoid high Canadian tariffs set to expire: U.K. – National

Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies. Britain and Canada paused talks over a new free trade agreement in January amid disagreement on Rules of Origin (ROO) arrangements, … Read more

Ex-British PM Theresa Announces Exit From Active Politics After 27 Years; Steps Down As MP

Ex-British PM Theresa Announces Exit From Active Politics After 27 Years; Steps Down As MP

Theresa May, 67, was the Prime Minister of Britain between 2016 and 2019 during the height of the tumultuous Brexit row in the country. Theresa May has stepped away from frontline politics after 27 years. (Reuters) Former British Prime Minister Theresa May Friday stepped down as a member of the Parliament in the Britain’s House … Read more

UK finance minister expected to pledge pre-election tax cuts

UK finance minister expected to pledge pre-election tax cuts

British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay | Reuters LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday. Heading into what will … Read more

Reform UK: the party frightening the Tories from the fringes | News

Reform UK: the party frightening the Tories from the fringes | News

It is structured like a company, with Nigel Farage as the dominant shareholder. Yet he is not its head. It is a rightwing party whose leader is on record as saying the Conservatives deserve to be “destroyed” at the polls, deriding the Tories as socialists. Who are the people behind Reform UK and how do … Read more