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Brexit
Government and Trade
A Leap Into the Unknown: Post-Brexit, Britain Goes It Alone
Brexit worries receded amid the panic of COVID-19, and British businesses are now looking forward to 2021 with cautious optimism, and the prospect of free trade with the European Union and the U.S.
Government and Trade
Britain Rejects EU’s Tariffs on U.S. Goods in Airbus-Boeing Dispute
The U.K. is hoping to secure a post-Brexit trade deal with the U.S. and is therefore saying “no” to retaliatory tariffs imposed by the European Union in the long-running subsidies spat.
Media
Boris Johnson’s Fiancée Flexes Her Power at No. 10 Downing Street
Between tending to their six-month-old baby, Wilf, and campaigning for the environment, the British prime minister’s fiancée Carrie Symonds is proving a formidable force in the government’s top echelons.
Government and Trade
British Government to Help Retailers Bounce Back From COVID-19
British businesses, hit by a double whammy of COVID-19 and preparations for the Brexit finale in December, are being urged to focus on exports and to sharpen their e-commerce game.
Financial
Victoria’s Secret U.K. Explores Refinancing Options, Possible Sale
Parent company L Brands files for credit protection in the U.K., a move that will impact the lingerie business’ 25 U.K. stores.
Government and Trade
British Retailers Launch Post-Virus Plan to Win Back Chinese Tourists
As the U.K. braces for a full-scale epidemic, retailers are thinking about how to jump-start business once the virus burns out.
Fashion Scoops
Valextra Launches Collective Project
The project is called Extra Milano and the Italian accessories company is working with Sunnei, Plan C, Arthur Arbesser, La DoubleJ and Massimo Alba.
Government and Trade
Fears of New, Punitive U.S. Tariffs on British Goods Eclipse Brexit
Knitwear and clothing companies are nervous about the potential for 100 percent tariffs on exports to the U.S. if President Trump decides to retaliate in two trade disputes.
Financial
Chip Bergh Makes the Case for Levi’s and Denim
The ceo remains bullish, but did cite growing worries over the coronavirus in China, which has prompted store closures.
Financial
Currencies to Cause Trouble in 2020?
Last year, trade tensions had an outsize impact on exchange rates. This year, analysts suggest the world’s currency markets could be quieter.
Government and Trade
Tory Landslide Brings Some Relief, and New Worries, to U.K. Businesses
The next burning question for businesses is how quickly Prime Minister Boris Johnson can broker an acceptable trade deal with Europe.
Financial
Pound Surges After Landslide Conservative Party Victory in U.K.
British Prime Minister Boris Johnson claimed victory for the Tories on Friday after his party snatched a number of seats from Labour, in the north of England and Wales in particular.
Business Features
Letter From London: Toil, Tears, Sweat and Laughs, Ahead of the British General Election
Britons are headed to the polls for the third time in five years, beleaguered by Brexit and craving closure, but still ready to eat, drink — and laugh.
Retail
International Brands Are Investing in London, Despite Brexit Questions
Fusalp, Forte Forte, Snow Peak and Mackage are all debuting new store concepts in the British capital this month.
Financial
Pound Rises After Brexit Deal, as Brands Make Demands in Tariff War
The pound rose 1 percent after Johnson tweeted that he’d reached a Brexit deal with the EU. Now, it’s up to Parliament to vote on it.
