FT News Briefing Business after Brexit, extended lockdowns in Europe, Bitcoin’s rise
Jan 4, 2021
Businesses in the UK are grappling with new bureaucracy and challenges post-Brexit, impacting trading practices and causing law firms to rethink their operations. In Europe, discussions about extending lockdowns are heating up as COVID-19 cases rise. Meanwhile, Bitcoin is surging past $34,000, gaining traction as mainstream acceptance grows. The podcast dives into these pressing issues, highlighting the intertwining effects of a changing landscape in business and finance.
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Brexit's Understated Arrival
- Brexit occurred with little fanfare, reflecting public exhaustion with the topic.
- Despite a trade deal, businesses face new customs checks and paperwork.
Post-Brexit Priorities
- The immediate focus is on border operation and trade flow.
- The UK and EU still need to finalize arrangements for financial services.
European Lockdowns and Vaccine Rollout
- European countries are considering stricter pandemic restrictions.
- The EU faces criticism over its vaccine rollout compared to the US and UK.