Wednesday newspaper round-up: Seafood exporters, freelancers, Haldane

by | Jan 20, 2021

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(Sharecast News) – Seafood exporters hit by Brexit red tape and delays will be able to claim up to £100,000 in compensation, the government has said. The Department for the Environment, Food and Rural Affairs (Defra) confirmed that it was putting in place a £23m compensation package for firms exporting fish and shellfish to the EU that can show they have suffered “genuine loss”. – Guardian
The Bank of France’s governor has said that Britain’s withdrawal from the European Union has driven almost 2,500 jobs and “at least 170bn in assets” to France. London remains the continent’s foremost financial centre but Amsterdam, Dublin, Frankfurt and Paris have all scrambled to attract businesses that wanted to remain active in the 19-nation eurozone. – Guardian

More than half a million freelancers excluded from state support could be handed a last-minute lifeline, as influential MPs put pressure on the Chancellor to include them in the final round of self-employed grants. Hundreds of thousands of newly self-employed were excluded from help as they had never filed tax returns. But campaigners have insisted they could now make it into the last round of the self-employed income support scheme being dished out in February. – Telegraph

Ministers must “press the reset button” on restrictions when restaurants and pubs reopen to secure the future of the sector, industry chiefs have warned. Bosses have urged the Prime Minister to scrap rules such as the curfew and substantial meal rule introduced under the Government’s tiers system to contain outbreaks in some of the worst-affected parts of the country. = Telegraph

 
 

The Bank of England’s chief economist expects Britain’s economy to begin to recover “at a rate of knots” from the second quarter of this year as vaccines against the coronavirus are deployed. Andy Haldane said that the huge economic shock caused by the first lockdown in March and April last year, when output fell 25 per cent, was likely to prove more transient than the 2008-09 global financial crisis that generated a large overhang of bad debts. – The Times

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