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Old 26-01-2024, 09:26   #5809
1andrew1
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Re: Britain outside the EU

Quote:
Originally Posted by Paul View Post
So basically, that list boils down to "This can be fixed with more money."

Where do they think that money going to come from ? and how is it related to Brexit ?
If you've got money for tax cuts, you've got money to restore the power of the regulator to pre-Brexit strength. Per the article, the regulator was cut as it lost its income stream for EU approvals. In 2019 it took 12 to 15 months for the agency to license generic medicines. In December 2023 it takes 24 to 30 months to get a generic drug licensed.

That's why generic drug manufacturers are not expanding in the UK. They're important as generic drugs account for 80% of drugs used by the NHS.

---------- Post added at 09:26 ---------- Previous post was at 09:24 ----------

Quote:
Originally Posted by mrmistoffelees View Post
Quote:
It will also mean the UK's trading terms with Canada will now be worse than when it was part of the EU's deal with the country.

British car companies now face the prospect of higher tariffs - import charges - to sell into the Canadian market from the start of April.

Higher Canadian tariffs on British cheese had already kicked in earlier this month, after the previous terms expired at the end of 2023.
Let's hope this can be sorted, especially for our car industry which is our biggest export to Canada.
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