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Newsquawk US Market Open: Sentiment slips amid renewed yield upside/steepening ahead of Central Bank speakers

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Newsquawk Euro Market Open: Equities are pressured amid ongoing yield upside & as China trade data slows

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Publication of David Cameron's text messages 'underlines Tory cronyism'

David Cameron was in contact with politicians on behalf of Greensill
THE SNP have said the publication of David Cameron’s text messages to key figures in Westminster and Whitehall for Covid loans underline the “cronyism” in the Tory government.
The former prime minister was found to have got in contact with politicians such as Rishi Sunak and Michael Gove on behalf of Greensill, which he worked for and owned a stake in. He and his office staff sent ministers and officials 45 emails, texts and WhatsApp messages relating to Greensill Capital in less than four months.
A timeline of his contacts submitted by the former prime minister to the Treasury Committee ahead of his appearance before the committee tomorrow also included 11 telephone calls or conference calls. ....

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Manufacturing firm boss says hauliers are not willing to take goods into the EU

Industry leader Zotefoams claims it is now difficult to export short hop to EU
CEO David Stirling said: We export globally - this is definitely not a smooth system
Hauliers would rather take lorries empty to EU because of delays and paperworkl
M&S stores in France are also looking scarce, with Scotch shelves empty in Paris
Fortnum & Mason and John Lewis among major retails to suspend exports to EU ....

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British shoppers in Europe are left with NO custard creams

EU customs declarations and extra checks are now required on goods moving from Britain to the EU.
This demands time-consuming paperwork which is then delayed further by customs checks.
The new red tape includes:
Export health certificate - Required for every food item to prove it is safe to eat.
Customs export declarations - Describes the goods being exported.
Sanitary and phytosanitary checks - For certain live plant and animal products including root vegetables, leafy vegetables and most fruits.
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Scotch whisky has sold out in Paris and custard cremes are nowhere to be found for British expats in Belgium because of Brexit red tape chaos. ....

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