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UK News Brexit LIVE: Mega-trade deal on the brink - Liz Truss desperate to secure glittering prize

03:55  20 april  2021
03:55  20 april  2021 Source:   express.co.uk

Brexit LIVE: Four EU cities planning UK powergrab, says banker - 'Europe has upper hand!'

  Brexit LIVE: Four EU cities planning UK powergrab, says banker - 'Europe has upper hand!' FOUR EU cities are planning a huge Brexit powergrab in a massive blow to the UK and City of London, the boss of the world's biggest bank has warned.JP Morgan chief executive Jamie Dimon told shareholders in an annual letter Brexit "cannot be positive" for the UK in the short term and will lead to increased costs for customers, both in the UK and throughout Europe. He added: "Europe has had, and will continue to have, the upper hand." City bankers are becoming increasingly concerned about the lack of a detailed agreement between the UK and European Union on financial services, which remains Britain's biggest and most lucrative industry.

UAE: Liz Truss discusses post- Brexit trade deal . This agreement will support jobs up and down the country, drive further investment and open up opportunities for our exporters. Minister for Exports, Graham Stuart MP. Brexit LIVE : Mega - trade deal on the brink – Liz Truss desperate to secure glittering prize .

"They’ve learned from past experience: During the 2009 swine flu pandemic, pharma companies played EU countries off one another to charge more money for vaccines, with some states ending up with too many doses and selling them to neighbours. "This time, EU countries agreed to let the Commission handle the negotiations. "EU countries are still part of the process, however, as seven countries participate in the negotiations and all EU countries approve the deals before they're signed."

Prime Minister Boris Johnson cancelled a planned trip to India today, which was scheduled to take place next week, saying it was a sensible move in light of a surge in Covid infections there. It comes as India is enduring a second wave of the virus, with infections passing the 15 million mark, second only to the United States. Delhi is due to go into lockdown on Monday night. Mr Johnson said today: "(Indian Prime Minister) Narendra Modi and I have basically come to the conclusion that, very sadly, I won't be able to go ahead with the trip. I do think it's only sensible to postpone."

Don't blame Brexit! Irish premier warns of ‘very serious harm' over NI Protocol battle

  Don't blame Brexit! Irish premier warns of ‘very serious harm' over NI Protocol battle MICHEÁL MARTIN has defended the controversial Northern Ireland Protocol, and warned people of "very serious harm" if Brexit continues to be weaponised.Mr Martin said the recent violence in Northern Ireland is what could happen when "sectarian tensions are left to grow" and "encouraged by political events.

Brexit LIVE : Mega - trade deal on the brink – Liz Truss desperate to secure glittering prize .

LIZ Truss has said a trade deal with New Zealand will bring the UK 'a step closer' to joining the lucrative CPTPP trade pact - estimated to be worth an eyewatering £9trillion. UAE: Liz Truss discusses post- Brexit trade deal . Trending. “This agreement will support jobs up and down the country, drive further investment and open up opportunities for our exporters.” FCDO Minister for the European Neighbourhood Wendy Morton added: “This is the latest agreement signed by the UK securing hundreds of millions of pounds in trade between our two countries supporting jobs and the wider

Mr Johnson's mega-trade deal with India will likely now be agreed upon later due to the timetable being delayed after the trip was cancelled.

Mark Littlewood, director general at the Institute of Economic Affairs think tank, had earlier said a post-Brexit trade deal with India could be one of Mr Johnson's "greatest political triumphs" following a tough year due to the Covid pandemic.

He wrote in the Times: "Unsurprisingly, our post-Brexit approach to trade has focused on harvesting the low-hanging fruit first. Striking deals with, say, New Zealand or Australia should be welcomed. But the friction in trade between Britain and those countries is comparatively limited, so the gains are less dramatic.

Brexit LIVE: Where are the doom-mongers now? EU powergrab fails amid UK investment SURGE

  Brexit LIVE: Where are the doom-mongers now? EU powergrab fails amid UK investment SURGE MORE than one in three German-British businesses now plan to increase their investment in the UK in the medium term in a total reversal of the situation towards the end of last year, delivering a crushing blow to doommongers.In total 44 percent of companies expect to hire new employees - also a big improvement on last autumn when just 11 per cent planned to do so.

Brexit LIVE : Mega - trade deal on the brink – Liz Truss desperate to secure glittering prize . Get over it!

Last December he agreed a new trade deal with Mr Johnson which set the rules for UK-EU trade. There is speculation Mr Barnier is hoping to run for the French presidency in 2022 in opposition to Emmanuel Macron. However Express.co.uk readers argued his decision to publish details of private conversations shows why the EU Boris facing Commons inquiry for 'lying' as desperate MPs launch bid –Speaker urged to act. Not even tipsy! Jean-Claude Juncker claims he has NEVER been drunk in his life. Brexit LIVE : Mega - trade deal on the brink – Liz Truss desperate to secure glittering prize .

"India represents a wholly different prospect, much harder to successfully reach but a glittering prize.

Boris Johnson posing for the camera: Brexit LIVE: Boris Johnson has been offered a simple fishing solution © GETTY Brexit LIVE: Boris Johnson has been offered a simple fishing solution

"Of course, Johnson's upcoming meeting with Narendra Modi, the Indian Prime Minister, will only really amount to an opening gambit. But if we can begin to open up trade with India the potential gains are enormous.

"Johnson is said to wish for trade between our two nations to increase to £50billion by 2030, a near-trebling of its present level. This will require substantial compromises and reforms from both sides.

"From the Indian perspective, Britain will need to open its market to both their products and their people. We will need to continue to lower our tariff schedule below that of the EU's common external rates, ideally with a long-term aim of getting to zero.

"Similarly, we will need to diverge from the EU in its ban on imports such as basmati rice and mangoes."

Crunch G7 meeting will see UK secure more trade deals by showing 'world dominance'

  Crunch G7 meeting will see UK secure more trade deals by showing 'world dominance' WOOING world nations by hosting the G7 Foreign and Development Ministers next month will boost trade opportunities for the UK, Express.co.uk can reveal tonight.As well as G7 countries (Canada, France, Germany, Italy, Japan, US & UK - plus the EU), the Foreign Secretary has also invited India, Australia, South Korea and South Africa.

BREXIT Britain will add to the huge number of trade agreements secured over the past two years in the coming months, International Trade Secretary Liz Truss has told MPs. The Minister has drawn praise over since taking over the post in July 2019 for speedily rolling over trade deals agreed with the EU. Over the past 18 months she has been tasked with ensuring countries around the world continue to trade with the UK on the same terms as they did when Britain was in the EU.

UAE: Liz Truss discusses post- Brexit trade deal . Sign up for our columnists plus the most commented stories driving conversation. New Zealand may be on the other side of the world from the United Kingdom, but we could not be closer as like-minded democracies who believe fiercely in free and fair trade . Trade is vital for our ongoing recovery and lasting prosperity, lighting the spark for new and high-quality jobs in key industries like food and drink, advanced manufacturing, services and technology.

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1am update: EU diplomat forced to admit error in Russia speech

Josep Borrell had to back down from claims Russia had deployed more than 150,000 troops on the border of Ukraine and Crimea.

Speaking after a virtual meeting of the EU foreign ministers, he told reporters "there's more than 150,000 Russian troops massing on the Ukrainian borders and in Crimea", and repeated the claim later on.

Mr Borrell's team then had to correct the diplomat, and insisted the real figure was more than 100,000 troops.

Mr Borrell declined to say where he got the initial 150,000 Russian troop number from, but called it "my reference figure" and added it was "evident" there was risk of further escalation.

12am update: Ukrainian President to meet with Macron amid Russia war fears

Ukrainian President Volodymyr Zelenskiy will reportedly travel to Paris to meet with French President Emmanuel Macron.

Brookings.edu reported the Ukrainian leader could be making the trip ask Mr Macron to call explicitly on Vladimir Putin to deescalate the tensions Russia has caused by its large and continuing build-up of military forces near Ukraine.

Brexit LIVE: Fury as Liz Truss 'disrespects' Australian trade chief - talks on brink

  Brexit LIVE: Fury as Liz Truss 'disrespects' Australian trade chief - talks on brink LIZ TRUSS has been accused of disrespecting her Australian counterpart in a clumsy bid to speed up trade talks.An unnamed senior DFAT official said: "If this was briefed by a member of Truss's staff, that is very disrespectful.

On April 3, the German and French foreign ministries issued a statement calling for restraint on "all sides", which Angela Merkel corrected on April 8, when she spoke with Putin and "demanded that this [Russian] build-up be unwound in order to de-escalate the situation."

11:30pm update: MEPs break cover on Verhofstadt's federalist plot to 'undermine nation-state democracies'

MEPs have accused Brussels of seeking to "undermine nation-state democracies" after the launch of the Conference on the Future of Europe.

Leaders from the EU Parliament's European Conservatives and Reformists (ECR) group have voiced concerns over the year-long initiative to interact more closely with voters.

But ECR chief Ryszard Legutko warned that the process is just a staging post for ardent federalists and "self-appointed leaders".

The senior Polish MEP said: "We fear that this process deliberately aims to undermine the nation-state democracies with the opinions of self-appointed leaders and federalist activists.

Gilles Boyer, Nicola Beer sitting at a desk: European Parliament's Brexit coordinator Guy Verhofstadt makes a statement before the vote on the Withdrawal Agreement at the plenary session of the E © PA European Parliament's Brexit coordinator Guy Verhofstadt makes a statement before the vote on the Withdrawal Agreement at the plenary session of the E

9.45pm update: 'Jealousy is a terrible trait!' Britons furious as Denmark mocked 'small nation' UK

Brexit LIVE: Look what you've done! UK blames EU for French fishing revolt - red-tape fury

  Brexit LIVE: Look what you've done! UK blames EU for French fishing revolt - red-tape fury BRITAIN has laid the blame for France's fishing protest squarely on the shoulders of the EU, saying the European Commission was to blame for a backlog in fishermen's permits.Boulogne-sur-Mer is France's largest fishing port and biggest seafood processing centre.

Britons have launched a scathing attack after tensions boiled over as Denmark branded the UK a "small nation".

Brexit trade talks between the UK and EU saw the bloc's remaining 27 member states put up a largely united front as the two sides attempted to thrash out the most favourable agreement possible.

A deal was reached at the eleventh hour, but the ongoing row over coronavirus vaccines and clashes over the Northern Ireland Protocol has shown the relationship between the UK and EU has deteriorated further.

This was all the more evident when a Government minister in Denmark branded the UK a "small nation" that does not yet realise its status.

He also suggested Britain's days as a global power had now ended and Brexit would be a "disaster for the UK".

Kristian Jensen said: "There are two kinds of European nations, there are small nations and there are countries that have not yet realised they are small nations.

"It is a paradox that the country that once had an empire on which the sun never sets, that ruled the waves, that in its heart is truly global, is now drawing back from the world's most successful free trade area. It is a paradox that I cannot get.

"I had the privilege of meeting Boris Johnson shortly after he took office. Bojo said to me: 'Come on Kristian, don't be so sad, there must be something good about Brexit'. I just shook my head and said: 'No. There is nothing.'"

Britons have reacted furiously to these comments from Mr Jansen while responding to our original story.

Kristian Jensen wearing a suit and tie: brexit denmark uk small nation © GETTY brexit denmark uk small nation

8.30pm update: 'EU propaganda!' Guy Verhofstadt ripped apart over new Brussels project

Britain 'WON'T lower beef standards to secure a trade deal'

  Britain 'WON'T lower beef standards to secure a trade deal' UK Trade Secretary Liz Truss has said Britain will not give way on food standards. The move comes in the wake of a post-Brexit trade deal with Australia.Australia has been pushing for the move as part of a new trade deal with the UK in the wake of Brexit.

Guy Verhofstadt has been attacked online over his "Conference on the Future of Europe" tweet, with one commentator saying it will be an exercise in "EU propaganda".

According to the EU's website, the Conference on the Future of Europe is an "opportunity to speak up, to say what kind of Europe you want to live in, to help shape our future".

The conference is arranged by the European Parliament, the Council, and the European Commission.

Its stated aims are "to listen to Europeans and to follow up, within their sphere of competencies, on the recommendations made".

Today MEP Mr Verhofstadt tweeted: "The Conference on the Future of Europe is open for business!

"With the new digital platform, everyone can now share ideas and comments, organise and attend events.

"Join the debate. Get engaged.

"The Future Is Yours".

But the Eurocrat was attacked following his remark.

7.45pm update: EU red tape threatens vital supply of medicines to Northern Ireland

EU-ordered red tape threatens vital drug supplies to Northern Ireland, industry insiders have warned.

UK firms have already stopped supplying non-branded drugs to the region's market because of the cost of post-Brexit bureaucracy.

The move threatens to limit the number of treatments available to people in Northern Ireland from the end of the year.

Britain has called for red tape to be eased after a worrying rise in tensions over a disruption in trade.

But eurocrats insist trade rules drawn up to deal with Brexit cannot be altered.

Whitehall officials fear the bloc underestimates Unionist anger over customs controls between Britain and Northern Ireland.

To keep the Irish border open, the area effectively remains part of the EU's single market and some checks are now made on some products arriving from the rest of the UK.

This includes new controls on medicines made in Britain being shipped to Northern Ireland.

Brexit LIVE: Brussels hardball tactic obliterated by damning new report - 'EU needs UK!'

  Brexit LIVE: Brussels hardball tactic obliterated by damning new report - 'EU needs UK!' THE EU will come to its senses and sign a deal with the UK on financial services, a consulting giant has said.And John Garvey, PwC's global head of financial services stressed any deal on financial equivalence would happen in the long term.

a person standing in front of a group of people posing for the camera: brexit uk eu deal © GETTY brexit uk eu deal

6.30pm update: Brexit deal 'a very thin one' and Britain rejected many EU proposals - Ireland's former ambassador to UK

Daithi O'Ceallaigh has described the Brexit deal agreed with the EU as a "very thin one", claiming UK officials rejected a host of proposals from Brussels, citing sovereign issues.

Ireland's former ambassador to the UK told the Seanad committee future negotiations between the two sides will be "fractious".

The chairman of the Institute of International and European Affairs (IIEA) UK group said: "There will be very many negotiations because there are many areas where arrangements haven't been made.

"There is little trust in Brussels of the UK and there is very little trust among member states, particularly one major member state.

"The manner in which they decided to break international law with the Northern Ireland Protocol and the bilateral decisions they took, none of that has served to build up trust between London and Brussels.

"If you want to do business internationally, there has to be trust."

5.30pm update: 'Far-fetched!' Juncker savaged by former MEP after admitting massive Brexit mistake

Jean-Claude Juncker has been attacked by a former MEP after admitting he did not do enough to prevent Brexit and should not have listened to former Prime Minister David Cameron.

Speaking to The i newspaper, Mr Juncker said: "I should not have listened to David Cameron.

"He told me not to interfere in the debate in the UK, not to come to London, not to do interviews with the British press.

"I made a mistake because I did not defend the EU's point of view in the UK.

"They asked me to shut up, so I shut up.

"That is something I criticise myself for.

"I should have spoken out rather than stay silent."

But the claims from Mr Juncker have sparked a furious reaction from Patrick O'Flynn, who was an MEP for five years between 2014 and 2019.

Jean-Claude Juncker wearing a suit and tie: brexit eu jean-claude juncker © GETTY brexit eu jean-claude juncker

4.20pm update: 'You can't cherry pick the Good Friday Agreement!' Sinn Fein leader hits out at DUP

Mary Lou McDonald has warned the DUP they cannot "cherry pick" from the Good Friday Agreement as pressed the party to make clear whether it will take part in future north-south political meetings.

"You can't cherry pick the Good Friday Agreement," she said. "Political progress, stability and inclusion relies on all of the institutions of the Good Friday Agreement working and working well.

"The north-south peace is absolutely essential and that means that unionists of all hues have to participate in those meetings.

"I think it would obviously be hugely problematic if there was any suggestion that any strand of unionism was stepping back from that or causing a problem with the north-south mechanism."

She added: "We fully expect that the DUP, that political unionism, will play its part and meet its obligations in respect of the Good Friday Agreement.

"You cannot opt-out of parts of the Good Friday Agreement. We absolutely expect that the north-south meetings will happen. We expect that unionism will participate in those meetings.

"And I have to say anything short of that raises very serious questions, not just for the DUP, but for all of us. So I hope that they'll clarify that position."

3.08pm update: 'There's a huge opportunity also for this country to do things differently' - Boris Johnson

The Prime Minister has been asked about claims small and medium-sized businesses are "drowning" in post-Brexit red tape.

Speaking during a campaign visit to the West Midlands, Mr Johnson replied: "You are seeing an increase in trade with the EU again after what was obviously going to be a difficult time in the new year.

"We've seen what we've been able to do differently with the rollout of the vaccinations - you've seen what we can do now with freeports.

"In the end, there's a huge opportunity also for this country to do things differently, to do things better, regulate in the interests of British business and British manufacturing."

a man in a boat on a body of water: A European ban on British shellfish has been partially reversed © GETTY A European ban on British shellfish has been partially reversed

Paul Withers taking over live reporting from Rachel Russell.

2.01pm update: Brexit superwoman Liz Truss says New Zealand deal will unlock door to £9trillion in trade

The International Trade secretary is busy trying to wrap out deals with countries across the globe, with the latest - an agreement with Serbia securing trade worth £682million - unveiled today. However, writing for Express.co.uk, the MP for South West Norfolk said she was far from finished.

She explained: "Deepening our trading relationship with New Zealand will bring the UK a big step closer to joining them in one of the largest trading areas on earth: the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

"As part of this high-standards pact, we will couple ourselves with 11 of the world's most vibrant economies, from Singapore and Japan to Mexico and Vietnam, covering £9trillion in GDP."

Ms Truss confirmed the UK had applied to join the massive free trade area, comprising, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, in January.

In her op-ed she said: "CPTPP offers 95 percent tariff-free trade on goods between members and advanced provisions for services and digital trade.

"But unlike when we were in the European Union, we will remain a fully sovereign nation as this partnership is purely about free trade."

12.39pm update: 'EU wanted to keep UK CAPTIVE' Biden urged to see through EU schemes to hamper Brexit UK

Economist and fellow at think tank-Centre for Brexit policy, Catherine Mcbride attacked the EU for their schemes on Northern Ireland.

During an interview with Express.co.uk, Ms Mcbride insisted the EU wanted to keep the UK captive to force its products and regulations on the nation regardless of Brexit.

She added the EU was never concerned about destabilising Ireland, Northern Ireland and the rest of the United Kingdom.

Ms Mcbride implored Mr Biden to see through these schemes and rejuvenate the relationship with the US and UK as Brexit Britain strives to make a success of its independence from the EU.

Ms Mcbride said: "All the EU ever wanted was a way of forcing the UK to sign up to the EU's SPS conditions, sanitary and phytosanitary regulations on animal and agricultural exports.

"The EU just wanted to keep the UK as a captive market for EU products.

"They never had any interest in peace, they just wanted to prevent the UK from signing trade agreements with countries like the US."

12.07pm update: Truss does it again! UK signs £682m trade deal with Serbia - boost for Jaguar Land Rover

Boris Johnson's post-Brexit strategy has received another huge shot in the arm after International Trade Secretary Liz Truss secured yet another trade deal in the form of an agreement with Serbia worth almost £700million.

And the news will come as a big boost to UK companies including Jaguar Land Rover. The Department of International Trade (DIT) today confirmed the two countries have signed a Partnership, Trade and Cooperation Agreement ensuring £682million trade can continue and grow.

The agreement secures continued preferential trade access between the UK and Serbia, guaranteeing significant savings for business to support jobs and the wider economy.

Furthermore, it sets out how the two countries will strengthen political, economic, security and cultural ties, and reaffirms the UK's support for governance reform in Serbia which will safeguard its competitive business environment and open, democratic society.

Minister for Exports, Graham Stuart MP, said: "This is great news for businesses in the UK and Serbia, providing certainty and strengthening ties between both countries to drive growth and support economic recovery from COVID-19.

"This agreement will support jobs up and down the country, drive further investment and open up opportunities for our exporters."

FCDO Minister for the European Neighbourhood Wendy Morton added: "This is the latest agreement signed by the UK securing hundreds of millions of pounds in trade between our two countries supporting jobs and the wider economies.

"It demonstrates the UK's commitment to civil society across Serbia with the promotion of governance and rule of law reforms, while tackling the threat posed by climate change by building a greener and more resilient future together."

10.46am update: Brussels surrenders! EU says it will accept British shellfish after 'Brexit revenge'

Brussels sparked fury post-Brexit when it blocked shellfish caught in 'Class B' waters post-Brexit, which made up the vast majority of the sea surrounding Britain. The British Government was privately furious with one minister accusing the EU of trying to "punish" the UK for Brexit.

However shellfish exports will now be allowed after waters off Cornwall, Devon, Essex, Kent and Northumberland were updated to 'Class A' status.

The move was made by the UK's independent Food Standards Agency.

Oysters, mussels, clams and cockles from these areas can now be sold in the EU.

Speaking to the Daily Mail a Government minister claimed Brussels had imposed the ban "to punish us for daring to become a nation state".

Stella Kyriakides, the EU's Commissioners for Health and Food Safety, had refused to meet with Environment Secretary George Eustice.

This helped earn her the nickname "Calamity Kyriakides" in Whitehall.

Addressing the Mail a Government insider said: "The ban on the import of shellfish from Class-B waters was without scientific or technical justification.

"They effectively changed the law to justify their position in blocking the trade, despite clear indications that the export from Class-B waters for purification could continue after the transition period.

"This resulted in damage to markets on both sides of the Channel."

chart: Brexit live: Fishing remains a huge issue despite the UK vowing to claim back its waters in negotiations © EXPRESS Brexit live: Fishing remains a huge issue despite the UK vowing to claim back its waters in negotiations

10.24am update: Frexit now! Petition calls for French referendum on leaving EU after new £25bn a year cost

Created by referendum-ue.org, it attracted more than 15,500 signatures shortly after going live. As well as gaining widespread backing among France's increasingly Eurosceptic public, many influential commentators also voiced their support for it.

Proponents include top journalist Alexis Poulin, whistleblower Stephanie Gibaud and economist Olivier Delamarche.

On the page inviting people to sign the petition, it says: "(In) 2005: 55 percent of French people voted NO to the European constitutional treaty.

"Since then, no referendum on the European Union has taken place. Is this normal?

"However, two major changes have just occurred. And these changes will cost the French dearly."

9.52am update: Boris Johnson told post-Brexit trade deal with India will be his 'greatest triumph'

Mark Littlewood, director general at the Institute of Economic Affairs think tank, said a post-Brexit trade deal with India could be one of his "greatest political triumphs" following a difficult 12 months due to the Covid pandemic.

The Prime Minister was scheduled to visit to India next week, but this has now been cancelled due to the "current Covid situation", the Government confirmed.

But before the announcement, Mr Littlewood wrote in the Times: "The trip provides an ideal platform for Johnson to rediscover and underscore his free trade credentials.

"His administration has ensured that our departure from the European Union is a widely accepted reality.

"Any talk of reversing it is now confined to a tiny handful of fringe political players.

"But an ambitious Johnson will want to maximise the potential of the UK's newfound ability to determine its own trading arrangements, rather than simply celebrate this return of sovereignty as an abstract concept."

Ursula von der Leyen wearing a blue shirt: Ursula von der Leyen threatened the UK with an export ban last month © GETTY Ursula von der Leyen threatened the UK with an export ban last month

9.13am update: Hillary Clinton hits out at 'problems Brexit has brought' at Queen's University event

The former First Lady even said that the Northern Ireland Protocol, which has created checks on goods between the province and the mainline UK, "undermines" the peace process. Mrs Clinton, who lost out to Donald Trump in the 2016 presidential race, blindly blamed the province's complex problems on Brits exercising their democratic rights - completely ignoring years of sectarian division.

Speaking to US consul general Elizabeth Kennedy Trudeau in an event organised by Queen's University Belfast's (QUB) she said that America is committed to the Peace Process.

In 1998 her husband Bill Clinton was instrumental in getting the Republican and Unionist sides to sign the Good Friday Agreement which helped bring peace to Northern Ireland.

Mrs Clinton said that Joe Biden's administration remains committed to this after cities including Belfast saw the worst rioting for decades in recent weeks.

The Irish Independent reported that she said: "I think there will be a very keen focus on what happens in Northern Ireland.

"The commitment to the Northern Ireland peace process was bipartisan, it was supported by the very active Irish-American community in America.

"By Irish-America elected officials on both sides of the isle, so there is a real sense of investment and it's not just emotional, it's political, and it's even financial."

8.37am update: Irish Prime Minister warns of "very serious harm" to the north if people stir up divisions through Brexit

Micheal Martin said yesterday the recent rioting should what could happen when "sectarian tensions are left to grow" and "encouraged by political events".

During his party Fianna Fail's annual 1916 Easter Rising commemoration, he added it was a "fair conclusion to attempts to limit the potential destructiveness of Brexit on this island".

Mr Martin said: "It is important to say that very serious harm can come if we keep seeing people trying to use Brexit as an issue to create points of dispute or by presenting every single issue as a zero-sum, win-lose fight.

"When this approach is followed in relation to UK-EU relations the damage it causes is primarily economic.

"When it involves misrepresenting the arrangements for Northern Ireland the damage can go much further."

8.11am update: Get over it! Juncker admits MAJOR Brexit mistake - 'I shouldn't have listened to Cameron!'

In a huge revelation, the former EU chief admitted he did not do enough to prevent the UK's exit from the bloc. Commenting on his position, Mr Juncker also insisted he did not defend the EU's point of view in the UK. Speaking today, he claimed he was too silent throughout the debate over the UK's departure from the EU.

Speaking to The i newspaper, the former President of the Commission claimed the British public had been misled.

He added: "I should not have listened to David Cameron

"He told me not to interfere in the debate in the UK, not to come to London, not to do interviews with the British press.

"I made a mistake because I did not defend the EU's point of view in the UK.

"They asked me to shut up, so I shut up.

"That is something I criticise myself for.

"I should have spoken out rather than stay silent."

8am update: Unshackling from EU lands UK £4billion shot in the arm, new study shows

The new report, published today by the Centre for Business and Economic Research (CEBR), considers the impact quitting the bloc has had so far in the three-and-a-half months since the end of the transition period on December 31, 2020. Specifically, the analysis looks at the impact on exports and import substitutes, the impact of the early vaccine rollout, and the impact of regulatory and other changes.

In his report, author Douglas McWilliams, the CEBR's executive deputy chairman, stresses it is "still far too early" to reach a "definitive view" on the basis of two months of trade data.

He says: "Because a significant proportion of the impact of the loss of EU exports will be compensated for by the production of import substitutes, we estimate that the initial negative effect on GDP will be a reduction of about 0.5 percent compared with what might have happened otherwise."

However, he adds: "This does not take account of the impact of faster rollout of vaccines and of new trade and deregulation opportunities that might emerge which could easily more than offset this.

"We estimate that the impact of the earlier rollout of the vaccination programme than would have been possible had the UK been in the EU programme will give the UK economy a one-off boost of about two percent in 2021."

Brexit LIVE: Brussels hardball tactic obliterated by damning new report - 'EU needs UK!' .
THE EU will come to its senses and sign a deal with the UK on financial services, a consulting giant has said.And John Garvey, PwC's global head of financial services stressed any deal on financial equivalence would happen in the long term.

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