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Absurdity of Brexit – The Hindu BusinessLine

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BusinessLine The UK still does not have a plan for Brexit. The British voted in a referendum in June 2016 to quit the EU on March 29, extended to April 12. It all began rather inauspiciously. Conservative Prime Minister Cameron at the time of the referendum qu... More »

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Why UK’s auto sector fears no-deal Brexit

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BusinessLine In November last year, Britain’s automotive industry was among those to give a cautious welcome to Theresa May’s controversial Withdrawal Agreement that set out the way in which Britain would extricate itself from the EU. The deal was far from the... More »

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All you wanted to know about Brexit referendum

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BusinessLine As India gears up for its general elections later this year, global financial markets are bracing for political turmoil elsewhere. The UK Prime Minister Theresa May’s Brexit plan was voted down in Parliament. She now needs to present an alternativ... More »

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Confused and splintered over Brexit

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BusinessLine Within minutes of the humongous defeat — involving the biggest margin by which a British government has lost a parliamentary vote in modern history — economic analysts began putting out notes assessing the situation, many with a positive spin. One... More »

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Britain in deep uncertainty over Brexit

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BusinessLine It’s a sign of the uncertain times in Britain that a health minister’s quip that he was now the largest buyer of fridges in the world — as the National Health Service stockpiled essential medicines to prepare for a no-deal Brexit — was meant to se... More »

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Brexit: UK ignoring EU nations’ concerns

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BusinessLine This week as Prime Minister Theresa May appeared to recover somewhat from last week’s political turmoil — that saw several ministerial resignations and letters of no-confidence submitted against her — another potential stumbling block appeared. Th... More »

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No way out of the Brexit maze

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BusinessLine The words come tumbling from Cobra Beer founder Karan Bilimoria in a torrent as he talks about the looming risks of a “disorderly” Brexit. “It’s worse than you can imagine. All the chickens are coming home to roost,” says the British peer who’s be... More »

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The Brexit countdown has begun

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BusinessLine The last week has arguably been one of the most challenging for the British government since the June 2016 referendum. The week began with the momentous decision by Labour leader Jeremy Corbyn to push for a customs union with the EU, firmly clarif... More »

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Brexit may strengthen EU’s steel sector

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BusinessLine The UK is trying to dilute Europe’s anti-dumping rules in order to please its trade partners, imperilling its own steel industry January 19, 2018:   In early 2016, the British government, then led by David Cameron, faced criticism from politicians... More »

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Mopping up the Brexit mess

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BusinessLine The British feel increasingly trapped in a box, believing that maybe the “people voted for a fantasy we can’t deliver” October 27, 2017:   Ask anyone other than an insider (or journalist covering the beat) to Britain’s negotiations with the EU abo... More »

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‘Despite Brexit uncertainty, it’s business as usual’

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BusinessLine Bilateral trade agreement is immaterial, British minister assures Indian businesses London, October 26:   Indian businesses with investments in Britain will see that it is business as usual, Britain’s Minister for Asia has said, seeking to offer r... More »