While the fall in the value of the pound after the Brexit vote helped exporters, the higher price of imports was passed onto consumers and had a significant impact on the annual inflation rate. Consumer Prices Index (CPI) inflation hit 3.1% in the 12 months leading up to November 2017, a...
Because tourism demand represents individuals' choice between leisure and work, a persistence of negative shocks, such as Brexit uncertainty, can be detrimental to the growth of tourism via its impact on agents' utility function of a directed consumption of leisure for a specific country. This ...
Britain is currently a major importer of Spanish agricultural products, but with the expected rise in "non-tariff barriers" and new health controls that Brexit would entail, export to the UK would become more difficult. Meanwhile, the withdrawal of the UK from the EU's fisheries agreements "wi...
"For us, that continues to mean the closest possible economic and trading relationship between the EU and the UK, even if it will not now involve UK membership of the Single Market. I believe that close relationship is in the interests of not just Ireland, but of all of our fellow EU m...
It has been a week since our post about the potential impact of Brexit on air travel, and media coverage and feelings of uncertainty have escalated, in particular for citizens on either side of the divide.
Special Scenarios and Brexit Impact on ETIAS If you’re traveling with family members who aren’t UK citizens, their situation might be different. Non-EU family members will also need ETIAS if they are visa-exempt or may need a visa otherwise. ...
Other than that, Brexit won't have an immediate impact on their life in China. As a sovereign state, the UK has healthy political and economic ties with China. The British passport has either "European Union" or "European Community" embossed on its cover, but since nationality remains Britis...
Today’s edition of Skift’s daily podcast looks at Airbnb’s search updates, Hurricane Ian’s impact on meetings, and Brexit strangling Eurostar.
On 23 June 2016, the UK voted in favour of leaving the European Union and putting restrictions on the free movement of EU citizens into the country. While Parliament is currently collating its report from an inquiry on ‘The impact of Brexit on the creative industries, tourism and the ...
If 30 June passes without the UK asking for an extension, a trade deal will have to be done by the end of the year. On this week's Agenda with Stephen Cole, after more than four years after Britain voted to leave the EU, we examine the trade negotiations process and...