| UPDATED: 12:28, Thu, Feb 11, 2021
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Brussels is allegedly prepared to knock Brexit Britain out of its banking market, which could end up causing costs on either side of the English Channel to skyrocket. Bank of England Governor Andrew Bailey believes the EU has signalled that it is considering shutting out the City, subsequently fragmenting markets and actually increasing the cost of business in the EU. This latest EU-UK spat follows off the back of Brussels’ humiliating incident with the COVID-19 vaccines last month
EU to trigger ‘severe disruption to world vaccine rollout- same as it did with PPE horror Kate Nicholson
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The EU has been at the centre of an international row over vaccine supplies, having lashed out at the UK-based developer, AstraZeneca, for not delivering on the agreed quantities of jabs. AstraZeneca s initial contract with the bloc promised to provide 80 million jabs in the first three months of this year - however, following a production delay at a European plant, this number has plummeted to just 30 million. In retaliation, the bloc implemented an emergency Brexit measure to prevent any vaccines from crossing from the EU member state of Ireland into Northern Ireland, shocking the international community.