One of those was about how child asylum seekers would be treated under the Illegal Migration Bill, which is currently before parliament. The government put out a number of documents yesterday - including various summaries of how different proposed laws would work. So given China wants to join CPTPP, it will now eventually fall to the UK and allies like Australia to decide whether to allow what would be a controversial accession to the block.Īs the chancellor put it today, "that shows that our influence in this part of the world is becoming more significant". Part of the reason for this is building a presence in regions where Beijing wields great influence. ![]() This deal can be seen as part of a broader UK pivot to the Indo-Pacific region that was kicked off by the Integrated Review of foreign policy and built on by the AUKUS defence pact with Australia and the USA. ![]() Those "great things" are a boom in middle-class consumers in the region and potentially new and bigger countries joining the block in the future. The trade secretary characterised it as "getting in early" with a start-up business that will go onto great things. So if this isn't a case of "the deal is done, let the good times roll", what is the upside?įor the government, CPTPP is more of a strategic and symbolic win. That's why ministers say the UK will still be able to maintain agricultural standards and block things like hormone-injected beef from Canada. While standards still matter, the emphasis on countries mirroring each other's rules that dominated EU talks isn't there with CPTPP. The government's own impact assessment puts the economic boost of this trade deal at just 0.08%.Ĭontrast that with the Office for Budget Responsibility's forecast of a 4% reduction in economic growth caused by Brexit, and it's clear CPTPP doesn't slot into the gap once filled by EU membership.īut nor should it, because this deal is a completely different beast to what we had in Europe. The honest answer - as unsatisfying as it may be - is both and neither. Other points of data to note are a P/E ratio of 16.72, revenue per share of 95.89 and a 3.75% return on assets.Depending on who you listen to, the UK's accession into CPTPP is either a triumph for post-Brexit global Britain or a miserly replacement to what we had with the EU. The company has a dividend yield of 1.32% with the ex dividend date set at 3-2-2023 (DMY). The Brink’s Company was founded in 1859 and is headquartered in Richmond, Virginia. The company was formerly known as The Pittston Company and changed its name to The Brink’s Company in May 2003. It serves banks and financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations. ![]() It also provides transportation services for diamonds, jewelry, precious metals, securities, bank notes, currency, high-tech devices, electronics, and pharmaceuticals cash management services, as well as cashier balancing, counterfeit detection, account consolidation, electronic reporting, check imaging, and reconciliation services. The company offers armored vehicle transportation of valuables automated teller machine (ATM) management services, such as cash replenishment, cash forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance services and cash-in-transit services. The Brink’s Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.
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