2. Weekly Newsletter

Brexit Agreement On Christmas Eve, the United Kingdom successfully reached an agreement with the European Union on its future cooperation. The details of this agreement between Europe’s two largest economies cover a wide range of topics but offers little to the UK’s most valuable export: financial services. In the over 1,200 pages of the UK-EU Trade and Cooperation Agreement (TCA) it was even noted that the phrase ‘financial services’ was mentioned ...

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Christmas Greeting from Tom Johnstone CBE, Chair of BSCC

Dear Members, As we approach the end of 2020 we look back on what has been an extremely challenging and a very difficult year. The pandemic which we have faced all year and which continues to impact all of us has been much greater than I think any of us would have imagined at the start of the year. Many of us know people and families impacted by the virus and ...

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51. Weekly Newsletter

Brexit Talks Over the weekend, PM Johnson and EC President von der Leyen said it was “responsible at this point to go the extra mile” during Brexit trade talks. Disagreements continue over the EU’s insistence to hold onto their £600m of fish, caught in British waters each year, due to President Macron wanting to gain support from French fishing communities. In the event of a no-deal: the Royal Navy have prepared ...

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50. Weekly Newsletter

EU Exit Talks On Monday (7th December) it was revealed that PM Johnson would be travelling to Brussels to meet von der Leyen in person. This comes after the two leaders spoke on the phone for over an hour but were unable to come to an agreement. Britain has also offered to drop key clauses from the internal markets bill in a bid to encourage a deal to be reached. An ...

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BSCC Annual Award 2020

The BSCC Annual Award 2020 Elsa Bernadotte, co-founder of Karma One-third of all food produced is thrown away annually, resulting in 1.3 billion tonnes of waste worldwide. Karma enables rescuing unsold meals. Since it’s founding, Karma, in part spearheaded by Elsa Bernadotte, has taken on a role of educating and re-evaluating the food industry. With digital transformation, speaking to a broad spectrum of consumers, producers and enablers, Elsa solidly represents a new ...

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49. Weekly Newsletter

Brexit Talks The 15th of October deadline for Brexit talks to be completed, set by PM Johnson, has been completely missed due to numerous negotiation sticking points remaining. If a trade deal is not reached then trade between the UK and EU will not cease once we enter 2021. However, the Johnson Government would come under heavy political criticism from many supporters of a hard-Brexit as the UK would have lost ...

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47. Weekly Newsletter

British Advertising The UK’s popular commercialised Christmas season has already begun with a forecasted £6.2bn advertising extravaganza expected during this quarter. However, this represents a 10.5% fall in expenditure compared to last year and depicts dramatic changes in the way businesses have been looking to spend. Unsurprisingly, the cinema advertising market is expected to see a substantial 66.1% decline in advertising spending in Q4 and Out Of Home (OOH) marketing (such ...

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46. Weekly Newsletter

UK COVID Outlook From the 7thof November travelling to and from Sweden will now require self-isolation upon your entry into the UK. This comes as UK COVID case stop 1.2m with the official death toll just days away from 50,000- however, cases now appear to be levelling out for the moment. The major headline across the UK, and the world, this week has been the Pfizer “jab which could prevent 90% of ...

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41. Weekly Newsletter

Weekly Newsletter on UK Developments: Week 41 UK’s Pandemic Economy The UK economy is 21.8% smaller than it was at the end of 2019 and unemployment has risen to 4.1% (highest level in 2 years). In comparison, Sweden saw a much larger rise in unemployment (8.8%) and was already at almost twice the rate. However, despite this, Sweden saw an economic contraction of 8.6% which would suggest that the UK’s unemployment figures ...

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40. Weekly Newsletter

Weekly Newsletter on UK Developments: Week 40 UK Position The UK Government is heavily focused upon trying to contain the spread of the virus and is widely believed to be heading further towards a second national lockdown. These latest pushes for a lockdown are increasingly unpopular and saw over 15,000 protestors in the capital over the weekend. Furthermore, the PM (Johnson) has seen his popularity decline as COVID has progressed- as shown ...

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