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UK and Switzerland seal financial services deal
UK and Switzerland seal financial services deal
Economy
by  AFP

Britain and Switzerland unveiled a post-Brexit financial services agreement on Thursday, aimed at making it easier for corporate and wealthy people in both countries to do business together. The deal, formally known as the Berne Financial Services Agreement, will see the two countries mutually recognise each other's domestic laws and regulations on financial services.

UK and EU agree delay to post-Brexit electric car tariffs
UK and EU agree delay to post-Brexit electric car tariffs
Economy
by  AFP

British Prime Minister Rishi Sunak on Thursday hailed a deal with the European Union to delay post-Brexit tariffs on electric vehicle sales that were due to kick in from January. Under that deal, tariffs were to start on January 1, 2024, on vehicles that do not have at least 45 percent UK- or EU-made content, and with batteries that are at least 50-60 percent sourced from those countries.