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Government will audit how Eurotunnel spends £33m settlement

Image copyright Reuters The government will audit Eurotunnel’s accounts to ensure that its £33m settlement with the firm benefits “the wider economy”.A senior civil servant told MPs that a “binding agreement” would guarantee the money was spent on improvements to Eurotunnel’s UK operations.Bernadette Kelly also confirmed any upgrades would not be ready for a possible…

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UK lawmakers demand tariff details before key Brexit vote

FILE PHOTO – Britain’s Chair of the Treasury Select Committee Nicky Morgan speaks to the media, after the British parliament rejected Prime Minister Theresa May’s Brexit deal, in London, Britain, January 16, 2019. REUTERS/Clodagh KilcoyneLONDON (Reuters) – British lawmakers have demanded that the government make public its plans for import tariffs in the event of…

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Liam Fox – ‘number of ways’ to mitigate tariff impact on vulnerable sectors

Britain’s Secretary of State for International Trade Liam Fox delivers a speech in central London, Britain February 1, 2019. REUTERS/Hannah McKayLONDON (Reuters) – British trade minister Liam Fox said on Wednesday there were a number of ways in which the government could try to mitigate the impact of low tariffs post-Brexit on vulnerable sectors. Media…