Category: EU

UK formally confirms it will not seek transition period extension

June 12th, 2020 by

During the current COVID-19 crisis the UK economy has plunged 20% due to the lockdown. Today the Conservatives officially announced they will not seek a transition period extension.

The UK will leave the EU on 1 Jan 2021 which could now damage the economy further as the country tries to get through the COVID-19 pandemic.

Government details new points-based immigration policy

February 19th, 2020 by

The government has now detailed their immigration policy which will come into effect January 2021. The system is a new points-based system. A total of 70 points is required to be eligible to apply; some characteristics are tradeable and are detailed in the table below.

We accept the MAC’s recommendation on salary thresholds, including to lower the general salary threshold from £30,000 to £25,600. Migrants will still need to be paid the higher of the specific salary threshold for their occupation, known as the ‘going rate’, and the general salary threshold. However, as set out below, under the points-based system for skilled workers, applicants will be able to ‘trade’ characteristics such as their specific job offer and qualifications against a lower salary. There will continue to be different arrangements for a small number of occupations where the salary threshold will be based on published pay scales. We will set the requirements for new entrants 30% lower than the rate for experienced workers in any occupation and only use the base salary (and not the allowances or pension contributions) to determine whether the salary threshold is met. Additionally, in line with the MAC’s recommendations, we will not introduce regional salary thresholds or different arrangements for different parts of the UK.


Characteristics Tradeable Points
Offer of job by approved sponsor No 20
Job at appropriate skill level No 20
Speaks English at required level No 10
Salary of £20,480 (minimum) – £23,039 Yes 0
Salary of £23,040 – £25,599 Yes 10
Salary of £25,600 or above Yes 20
Job in a shortage occupation (as designated by the MAC) Yes 20
Education qualification: PhD in subject relevant to the job Yes 10
Education qualification: PhD in a STEM subject relevant to the job Yes 20



EU to put Cayman Islands on tax haven blacklist

February 13th, 2020 by

The EU blacklists tax haven the Cayman Islands following the UK departure from the EU.

Blacklisted countries face additional hurdles in accessing EU funds and European companies must take additional compliance measures if they do business in the territories
The decision will be seen as a shot across the bows of the UK ahead of negotiations on the future relationship with the bloc. ~ The Guardian.