16 November 207
Ilona Serwicka is Research Fellow in the Economics of Brexit at the UKTPO.
The European Chief Negotiator for Brexit, Michel Barnier, has recently confirmed that the UK will cease to be a member of the EU at midnight (Brussels time) on 29 March 2019. This means that we are now less than 500 days and under 350 working days away from the Brexit date. More time has already passed since the United Kingdom voted to leave the European Union on 23 June 2016. (more…)
Charlotte Humma November 16th, 2017
Posted In: UK- EU
Tags: Article 50, Brexit, FTA, Trade agreements, Withdrawal Bill, WTO
2 November 2017
Ilona Serwicka is Research Fellow in the Economics of Brexit at the UKTPO.
As the United Kingdom is preparing to leave the European Union, Government policy is to seek a deep and comprehensive free trade agreement with the EU. But Brexit talks have not moved onto the trade issues yet and even if the future trade relationship is taken up in December, this gives little time and offers no guarantee that an agreement will be reached and ratified before 29 March 2019, the Brexit date. The Government has recently recognised the possibility that talks might break down and started to outline a ‘no deal’ vision of the UK-EU trade.
Our analysis reveals that unemployed households, those with children, and pensioners will all fare off worse than average in the case of a ‘no deal’. A new paper, Will Brexit Raise the Cost of Living? by Stephen Clarke, Ilona Serwicka and L. Alan Winters, and published by the National Institute Economic Review, looks at the impact that imposing Most Favoured Nation (MFN) tariffs on UK imports from the EU would have on the price of goods sold in the UK and the average cost of living. (more…)
Charlotte Humma November 2nd, 2017
Posted In: UK- EU
Tags: Brexit, FTA, Living standards, MFN, No deal
