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The Latest Breaking News from European Union

Watchdog says Brexit has brought cost, red tape for UK firms

A public spending watchdog says Britain's departure from the European Union has brought higher costs, more red tape and border delays for businesses and not yet delivered promised benefits

The Independent UK

UK PM Johnson warns EU over post-Brexit Northern Ireland trade

British Prime Minister Boris Johnson repeated a warning to the European Union on Wednesday, saying London would take action to suspend post-Brexit customs checks on some goods moving to Northern Ireland if the bloc did not show "common sense".

Reuters

Greece’s Fledgling Tech Scene Starts to Take Off

After years in which Greece was almost as well known for its financial woes as it was for its beaches, recent deals have highlighted a small but thriving startup scene that has grown up since the crisis. JP Morgan's acquisition of a minority stake in fintech Viva Wallet last month…

Asharq Al-Awsat

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European countries to scrap one major Covid rule for holidaymakers 'in days'

Several countries could ditch a Covid rule in a major boost for holidaymakers.

Daily Record

UK goods into Germany down 8.5% in further sign of Brexit damage

Britain slides out of top five of Germany’s largest trade partners as imports fall to €32.1bn in 2021

The Guardian - UK

Ukraine Sees Chance for Diplomacy but Seeks Sanctions against Russia

Ukraine believes there is still a chance of resolving the West's standoff with Russia through diplomacy but that there are already grounds to impose sanctions on Moscow, Foreign Minister Dmytro Kuleba said on Wednesday. The United States and the European Union have threatened Russia with new sanctions if it attacks…

Asharq Al-Awsat

Russia warns UK to stop ‘pointless’ sanctions threats ahead of talks on Ukraine

Russian ambassador to London says meetings will probably be ‘fairly short’ if UK threatens sanctions again

The Independent UK

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Japan to divert LNG to Europe amid worries over Ukraine

Japan has decided to divert some of its gas reserves to Europe amid growing concern over disruptions of supplies due to the Ukraine crisis

The Independent UK

Cost of living crisis hits household confidence; UK trade with Germany falls; FTSE 100 at two-year high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Japan steel tariff pact with US piles new pressure on Tories to strike UK deal

Tokyo and Washington have agreed to axe duties on Japanese imports to America after Brussels deal with US - but the UK is still left out in the cold, sparking new anger

Daily Mirror

Brexit has damaged trade, increased delays and added red tape, MPs say

Report from the cross-party Public Accounts Committee said it was "clear that EU exit has had an impact" on the economy

Birmingham Post

Japan to provide excess imported LNG to Europe amid Ukraine tensions

With Europe's supply of natural gas from Russia at risk amid the increasing tensions over Ukraine, the Japanese government has decided to provide European nations with a portion of the liquefied natural gas Japan imports.

The Japan News/Yomiuri

Wednesday briefing: More trouble after mini-reshuffle

Criticism over new role for Mark Spencer … Tory group pushes to derail green agenda … and Adele reigns supreme at the Brit awards

The Guardian - AU

‘Just-in-time to just-in-case’: EU’s $49bn chip plan shows tectonic shift in global economy

Ursula von der Leyen says chips are ‘bedrock of our modern economies’ but the pandemic has exposed supply vulnerabilities

The Guardian - AU

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The Guardian - AU

Covid news: Sweden scraps almost all restrictions and testing despite pleas from scientists; Spain’s King Felipe tests positive – as it happened

Sweden scraps almost all of its few restrictions and stops most testing; Spain’s King Felipe tests positive after displaying mild symptoms

The Guardian - UK

Most Europeans want to stand with Kyiv against Moscow, poll suggests

More than 60% of people surveyed believe Nato should come to Ukraine’s defence if Russia invades

The Guardian - UK

Brexit damaging trade with EU, says public accounts committee

Border checks said to have increased business costs and ‘suppressed’ trade, and the situation could worsen

The Independent UK

‘Only detectable impacts’ of Brexit are costs, delays and paperwork, says MPs’ committee

The Public Accounts Committee ‘repeatedly’ raised concerns about the impact of new trading arrangements

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Wales Online

Brexit sees firms suffer more costs, red tape and border delays, according to watchdog

Public Accounts Committee rules it is “clear that the EU exit has had an impact" on UK trade

Irish Mirror

Three measures Irish tourists need to know if holidaying in Spain, Portugal or Europe this summer

While it’ll be easier to get to your sunny destination this summer, passengers are still being advised to check the restrictions in place locally before making the journey

Wales Online

Boris Johnson's reshuffle dubbed 'heshuffle' as loyal MPs promoted

The changes include new faces in the whips’ office and Jacob Rees-Mogg in charge of maximizing the benefits of leaving the European Union

Evening Standard

Eurotunnel freight traffic bounces back despite increased Brexit red tape

Eurotunnel operator Getlink say their new “Eurotunnel Border Pass” helped reduce disruptions at border checks

The Independent UK

Jacob Rees-Mogg: What is the ‘Brexit Opportunities Unit’?

Thatcherite Tory MP to be in charge of reviewing regulations to scrap

The Guardian - UK

France, Greece and Portugal relax Covid travel restrictions as half-term nears

Travel made easier to countries popular with UK tourists

Dublin Live

All the travel rules for Irish tourists for Greece, Spain, Portugal and UK summer holidays

Here are the rules across a number of European hotspots for Irish tourists

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