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Europe Today
From Abu Dhabi to Dublin via Moscow
Good morning. I’m Luca Bertuzzi, holding the pen for today’s newsletter. In this edition, leaders from across the world are flocking to Dublin for the European Political Community summit, where the war in Ukraine looms large, while the latest EU-UK draft statement significantly softened its wording.
Europe News
Five EU countries demand UK pays for electricity market access
The leaders of Belgium, Germany, Denmark, Luxembourg and the Netherlands want Britain to contribute to EU regional development funds in return for closer energy ties, adding a new hurdle to negotiations ahead of the 20 November summit.
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EU News
Harry and Meghan take their fight against Big Tech to Brussels
The Duke of Sussex, in Brussels, praised the EU Kids Act, the proposed law regulating how children use online services, while the Duchess stayed silent following her father’s arrest over alleged possession of child sexual abuse material.
Europe News
EU and UK set to link carbon markets in major post-Brexit deal
The agreement to link EU and UK carbon markets, expected to be announced at the 20 November summit, could spare manufacturers additional carbon border charges, but critics warn that closer alignment could drive up costs for British industry.
Business
UK tax havens linked to €8bn in EU tax losses: Who loses most?
EU countries lose nearly €60bn a year to corporate profit shifting, the Tax Justice Network estimates. It links about €8bn of those losses to the UK and its tax haven network, even as the UK itself ranks among the countries that lose the most worldwide.
Tech News
UK likely to face AI-powered cyberattacks by 2028, cyber chief warns
Criminals and hostile states are increasingly using artificial intelligence to scale up cyber operations, with outdated technology leaving essential services exposed, the head of the UK's National Cyber Security Centre says.
The United Kingdom, known for its historic monarchy and cultural influence, continues to navigate the post-Brexit era, reshaping its political and economic landscape. Follow key developments in government policy, trade relations, and social change as the UK defines its future outside the EU.