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Liam Fox puts pen to paper on a trading agreement for post-Brexit era…. with the Faroe Islands

Liam Fox has finally put pen to paper on a post-Brexit trade agreement. The Secretary of State for International Trade signed a continuity agreement with the Faroe Islands which will see British businesses and consumers benefitting from continued trade with the archipelago after we leave the European Union. Britain imports some £200 million worth of fish and crustaceans from the islands, which will remain unhinged following the UK's divorce with the union. Imports from the United Kingdom to the Faroes had a total value...

Brexit & global economic concerns cause UK economy to stall

UK's service sector stagnated in January according to the IHS Markit/CIPS purchasing managers' index. The figures showed a reading of 50.1 in January, lower than December's 51.2. The pound fell 0.17 per cent to $1.3017 following the disappointing data. Britain’s didn't fall into a recession after the 2016 referendum vote  However, growth slowed sharply in late 2018 as the Brexit deadline approached with no agreement, on how to leave the European project, set in place. IHS Markit's Chris Williamson said: "Growth...

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