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Brexit

Why the U.K. is threatening to tear up part of its Brexit treaty with the European Union

by Stephen Beard
May 27, 2022
The British move to change unilaterally part of its withdrawal deal with the EU could trigger a trade war with the bloc.
The Brexit grace period is over for most nonfood products arriving in Northern Ireland from the British mainland, and a wide swathe of goods already has been squeezed out of the Northern Ireland market.
Dan Kitwood/Getty Images
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Trump-era export tariffs are still rattling British steelmakers

by Stephen Beard
Jan 19, 2022
President Biden lifted a 25% tariff from European Union steel, but British steelmakers complain that they’re being unfairly penalized.
Then-President Donald Trump poses with the 2018 steel import proclamation, which added a 25% tariff on imported steel. President Joe Biden has lifted the tariff for countries in the European Union but not for the United Kingdom.
Chip Somodevilla/Getty Images
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Brexit

Outsider trading: A year after Brexit, how 5 small UK companies have fared

by Stephen Beard
Jan 5, 2022
Small British exporters reflect on their first full year of doing business as non-EU members. How do they feel about Brexit now?
Scarves depict the British and European Union flags. Exporters in different industries have had varied experiences with the new conditions of cross-border trade.
John Thys/AFP via Getty Images
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Brexit import changes are still painful for London honey seller after 2 years

by Kai Ryssdal and Sean McHenry
Dec 7, 2021
After a strong summer, a London honey seller is dealing with the coronavirus omicron variant and changing trade policy on animal goods.
A beekeeper in northwestern Italy. New laws governing imports of animal byproducts in the United Kingdom go into effect in January.
Marco Bertorello/AFP via Getty Images
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Brexit

Has Brexit boosted London’s financial center?

by Stephen Beard
Sep 22, 2021
British financial services exports to the EU rose in the first few months after the U.K. left the bloc.
The City of London financial district. Data from the first quarter after Brexit took effect shows a small increase in the U.K.'s financial exports to the European Union.
Justin Tallis/AFP via Getty Images
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EU student exodus may not hurt British universities after all

by Stephen Beard
Aug 11, 2021
Fewer EU students in the U.K. may bring some financial benefits to British universities but it raises some political concerns, too.
EU applicants to U.K. schools have dropped dramatically following Brexit and a steep rise in tuition fees. Above, a student walks on the University of Glasgow campus in Scotland in September 2020.
Andy Buchanan/AFP via Getty Images
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London’s financial center, “the City,” prepares for bigger global role after Brexit

by Stephen Beard
Jul 28, 2021
Brits widen their horizons as hopes dwindle that the U.K. will have unfettered access to the EU's financial services market.
A pedestrian passes the skyscraper informally known as the Gherkin in London's financial district, which seeks to extend its international business ties.
Daniel Leal-Olivas/AFP via Getty Images
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European Union may restrict British TV shows post-Brexit

by Stephen Beard
Jul 15, 2021
Britain’s departure from the 27-member bloc raises questions about the quantity of UK TV shows aired and streamed in continental Europe.
Following Brexit, the European Union may restrict the amount of British TV shows — like "Downton Abbey" — available in the EU. Above, visitors attend a 1920s themed event at Highclere Castle, the main set location of "Downton Abbey," in 2019.
Isabel Infantes/AFP via Getty Images
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My Economy

A nearly 200-year-old sweet shop stood the test of time. How is it weathering the pandemic?

by Minju Park
Jul 5, 2021
The Oldest Sweet Shop in the World has witnessed wars and other strife from its location in northern England.
“We stock many traditional sweets,” says Ben Howie, owner of the Oldest Sweet Shop in the World, located in Pateley Bridge, England.
Courtesy Elizabeth Hotson (BBC/Marketplace)
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London Unbound

London retakes crown as Europe's biggest stock trading hub

by Victoria Craig
Jul 2, 2021
The change will likely build momentum for the U.K. as it builds a post-Brexit strategy for strengthening its financial services.
Tolga Akmen/AFP via Getty Images
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