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.
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.
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.
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.
Parent company L Brands files for credit protection in the U.K., a move that will impact the lingerie business’ 25 U.K. stores.
As the U.K. braces for a full-scale epidemic, retailers are thinking about how to jump-start business once the virus burns out.
The project is called Extra Milano and the Italian accessories company is working with Sunnei, Plan C, Arthur Arbesser, La DoubleJ and Massimo Alba.
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.
The ceo remains bullish, but did cite growing worries over the coronavirus in China, which has prompted store closures.
Last year, trade tensions had an outsize impact on exchange rates. This year, analysts suggest the world’s currency markets could be quieter.
The next burning question for businesses is how quickly Prime Minister Boris Johnson can broker an acceptable trade deal with Europe.
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.
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.
Fusalp, Forte Forte, Snow Peak and Mackage are all debuting new store concepts in the British capital this month.
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.