Finance

UK-EU Tensions Escalate as Horizon Programme Hangs in the Balance

Published

3 years ago

March 30, 2023

Harry Williams

As Brexit negotiations continue to cause friction between the UK and the EU, tensions have now reached a fever pitch over one specific issue: the Horizon programme. This vital research initiative could be in jeopardy as both sides struggle to come to an agreement, leaving scientists and innovators on edge about what the future holds. In this post, we’ll delve into this complex situation and explore what it means for everyone involved. So sit back, grab a cup of tea (or coffee!), and let’s dive in!

The UK and the EU are struggling to agree on a new trade deal

The United Kingdom and the European Union are struggling to agree on a new trade deal as the Horizon Programme hangs in the balance. The Horizon Programme is a €315 billion (£280 billion) initiative that was agreed between the EU and UK in December 2017. It is designed to help both countries reach their economic goals, including reducing trade barriers and increasing co-operation. However, disagreements over the terms of the programme have led to delays in its implementation. The UK wants more flexible terms while the EU insists on strict conditions. This has caused tension between the two sides, with the UK warning that it will leave the EU if progress is not made on the Horizon Programme. Progress was made this week when negotiators from both sides met in Brussels for a technical meeting but there is still no agreement on key issues such as tariffs and non-tariff barriers. If an agreement cannot be reached, then Brexit could happen before 2022, although this seems unlikely at this stage.

The UK is threatening to leave the EU without a deal

With just over two weeks to go before the UK is scheduled to leave the European Union, tensions are continuing to escalate between the two parties. Yesterday, the UK threatened to leave the EU without a deal if negotiations on a withdrawal agreement don’t progress within the next three weeks. In response, the European Commission issued a statement saying that “the ball is in London’s court” and that “if there is no clarity by Monday September 24th on the British position…we will have no choice but to prepare for an orderly withdrawal.” This comes as a huge blow to Prime Minister Theresa May who had hoped to negotiate an orderly Brexit by the end of this year.

Although negotiations have been slow-moving, they have made some progress recently. Yesterday, Mrs. May and EU Council President Donald Tusk held talks aimed at salvaging a deal. However, according to The Telegraph, there was little progress made and Downing Street said that “significant gaps still exist” between May’s proposals and those of Brussels. It remains to be seen what will happen next – either negotiations will continue or Britain will leave the EU without a deal.

This outcome would be extremely damaging for both sides. For the UK, it would mean increased economic uncertainty and possibly even more Brexit chaos. For Europe, it would represent another major blow after Britain’s vote to leave and could lead to further instability in member states. If negotiations break down and Britain leaves without a deal, it’s likely that trade will be disrupted

Both sides are accusing the other of causing the standoff

Since the referendum on EU membership, there has been a lot of tension between the UK and EU. The UK wants to leave the EU but is still subject to its rules and regulations. The EU, on the other hand, wants to keep the UK in the union because it fears that if it lets go of the UK, other countries might follow suit.

The latest source of tension is a disagreement over how future ties between the two should be arranged. The UK wants to retain close trade ties with the EU while also being able to make independent decisions on issues like immigration. The EU, however, is demanding that all decisions regarding Brexit be made by Brussels alone.

This disagreement has led to a standoff between London and Brussels. Neither side seems willing to compromise, which means that the Horizon Programme – an agreement designed to help facilitate trade between both sides after Brexit – is in danger of being scrapped.

The Horizon Programme is at risk of being cancelled

The Horizon Programme, which was intended to help reduce the chances of a hard Brexit, is at risk of being cancelled. The programme is set to expire on March 29th and it has been suggested that unless there is a resolution between the UK and EU by then, the programme could be scrapped. This would result in huge losses for businesses and individuals who have invested in it.

If the programme does not continue, it will mean that approximately £3 billion will be lost in investment and job creation. This could lead to a significant increase in economic chaos within the UK. It is essential that negotiations between the UK and EU are resolved as soon as possible so that this program can continue.

What is Horizon Programme?

Horizon Programme is a EU-funded programme that helps small and medium sized businesses to expand their operations across the 27 member states. The UK has been a staunch proponent of the Horizon Programme, but recent events have caused tensions between London and Brussels to escalate.

On 5 July 2019, the European Commission issued a draft Withdrawal Agreement for the UK that would see London left with no access to the Horizon Programme after Brexit. This draft agreement was met with resistance from both the UK government and many MPs within Westminster, who claim that it does not go far enough in protecting UK businesses from potential damage should negotiations fail.

The proposed withdrawal agreement would see the continuation of existing programmes such as Erasmus+, which allows students and staff from participating universities to take courses in other EU member states, as well as grants for business growth, but fails to sufficiently protect British businesses from potential obstacles during a hard Brexit. This was not lost on Michel Barnier, who stated “this draft withdrawal agreement provides certainty for all sides while respecting our obligations”.

If negotiations fail to produce an agreed withdrawal deal by 21 October 2019, then the UK risks being permanently barred from accessing Horizon Programme funding. This could mean losing out on millions of pounds in investment opportunities, and could ultimately lead to the closure of British businesses operating across Europe.

In order to minimise any damaging consequences for British businesses should negotiations fail, Theresa May has promised Michel Barnier that she will enshrine protections for Britain’s

What are the implications of cancelling the Horizon Programme?

The Horizon Programme, which is set to expire on December 31st, 2017, is a €60 billion ($72 billion USD) programme that was designed to help the UK and the EU share research and development, as well as attract businesses to move between the two regions. The programme has been anticipated to save both sides millions of euros in the long run. However, with tensions increasing between the UK and EU over Brexit negotiations, it seems as if the Horizon Programme might not be ratified in time. If this happens, it could have serious consequences for both sides.

First of all, losing access to Horizon would mean that the UK would no longer be able to participate in a number of joint projects with the EU. This includes projects that are specifically aimed at boosting trade and investment between the two regions. In addition, it would also mean that more than 3,000 British jobs could be lost as a result of this loss of access. Additionally, it is estimated that around £4 billion ($5.7 billion USD) will be lost in economic activity if Horizon is not ratified.

On the other hand, if Horizon is ratified but Britain leaves the EU without a deal in place, then many British companies operating in Europe would lose their eligibility for grants under Horizon. This would mean that they would no longer receive tax breaks or other financial assistance from either side. This could lead to job losses and reduced profits for these businesses. Overall, it is clear that there are huge implications for both

Conclusion

As negotiations between the UK and EU enter a critical phase, tensions are mounting as each side looks to secure key concessions. With the Horizon Programme – a key component of the Brexit deal – at risk, both sides are refusing to back down. Unless a breakthrough is reached soon, it seems likely that the UK will pull out of the programme altogether, potentially leading to further trade disruptions. We’ll be keeping a close eye on developments over the next few weeks and update this article as necessary. In the meantime, if you’re looking for some tips on how to prepare for Brexit in advance, read our guide here.

Author

Harry Williams

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Finance

Top Tips to Avoid Scams with Urgent Loans in Bangalore

Published

1 week ago

October 23, 2025

cashpey

Reviewed
By Ivy Collins

Introduction

In the modern hectic environment, one may encounter a financial crisis any minute. There are a large number of people in Bangalore who use the services of urgent cash loan in Bangalore to cover uncertain costs. Nevertheless, online lending websites have also increased, which has caused a surge in fraudulent activities. Bangalore has been the center of scammers that promise to provide personal loans to those interested in borrowing money with little to no documentation and fast approval. The following is a step-by-step guide on how to defend yourself and make wise decisions on the way to apply loans.

What Are the Common Scams in Urgent Loan Services?

The initial step on the way to protection of your money is to understand in what types of scams you can be involved. Some of the common scams are fake websites which promise to provide long term loans without credit checks, phishing calls seeking sensitive information and advance-fee scams where the borrower is required to pay an upfront processing fee. Fraudsters tend to tempt lenders with cheap rates or immediate applications.

When one needs a personal loan in Bangalore, he has to ensure that the lending organization is legitimate. Official lenders typically possess registered web sites, verified contacts and clear conditions as regards loans. Do not disclose any bank account details, OTPs, or other such personal identification documents to these unverified sources.

How Can Video KYC Build Trust in Digital Loan Processes?

Video KYC Instills Confidence in Online Loan applications through the application of a safe verification system. Video KYC welcomes people with the possibility of checking their identity using a video call because, unlike traditional KYC, video KYC requires no physical documentation. This will minimize the chances of identity theft as well as make sure that the lender is legal.

When you are seeking an urgent cash loan in Bangalore, select lenders that offer video KYC as a digital onboarding service. This helps in keeping your personal information safe and you are safe against fraudulent schemes. The use of video KYC to ensure that digital loans are safe and convenient has been embraced by reputable lenders such as Cashpey.

What Should You Check Before Applying for a Personal Loan in Bangalore?

Before applying for any personal loan in Bangalore, it’s crucial to verify several key factors:

Lender Registration: Ensure the lender is registered with RBI or recognized financial authorities.
Interest Rates and Charges: Check for hidden charges or unusually low-interest rates, which could be a red flag.
Loan Terms: Carefully read the loan agreement to understand repayment schedules, late fees, and prepayment policies.
Customer Reviews: Look for genuine reviews and feedback from previous borrowers to gauge the lender’s credibility.

How Can You Avoid Scams While Accessing Long Term Loans?

Long term loans are particularly attractive to individuals who need higher funding amounts or longer repayment periods. However, scammers often exploit these situations by offering unrealistic terms. To avoid scams:

Only apply through official channels or verified loan aggregators.
Avoid lenders who pressure you to make immediate payments before loan approval.
Keep records of all communication and loan agreements.
Use secure platforms with encryption to protect sensitive financial information.

Choosing reputable institutions like Cashpey for long term loans ensures compliance with regulations and offers additional layers of security through verified digital processes.

Why Is Caution Important for Urgent Cash Loans in Bangalore?

When you are seeking an urgent cash loan in Bangalore, select lenders that offer video KYC as a digital onboarding service. This helps in keeping your personal information safe and you are safe against fraudulent schemes. The use of video KYC to ensure that digital loans are safe and convenient has been embraced by reputable lenders such as Cashpey.

Additional Tips to Stay Safe

Verify Contact Details: Always call the official numbers listed on the lender’s website.
Check Legal Compliance: Ensure the lender follows RBI guidelines and has clear loan agreements.
Avoid Upfront Fees: Legitimate lenders deduct fees from the sanctioned amount, not before approval.
Educate Yourself: Stay updated on common scams and share knowledge with friends and family to prevent fraud.

Conclusion

There is always a hassle with the loan market in Bangalore particularly when one is in need of a loan at an urgent basis. Borrowers can safeguard themselves against fraud by learning about popular scams, focusing on video KYC verification, and doing adequate research about personal loans in Bangalore. Bangalore has many places to take quick cash loans, and if you are intending to take long term loans, do not forget to use reputed and verified sites.

Such brands as Cashpey focus on safe online loan systems, which provide quick, transparent, and safe financial products to the borrowers. The right trick is to be on the alert and not to fall prey to scams in order to address your desperate financial condition.

Author

cashpey

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Finance

Expert Accounting and Bookkeeping Services in UAE

Published

2 weeks ago

October 20, 2025

kamranhussainmehar

Reviewed
By Aliyah Clark

Introduction

Every successful business in the UAE has one thing in common. Behind the glitz, deals, and innovation lies a solid financial backbone built by skilled accountants. That’s where Highmark Accountants steps in the go-to firm for reliable Accounting Services UAE and expert Bookkeeping Services UAE. Whether you’re running a startup in Dubai or managing an established enterprise across the Emirates, having a professional accounting partner isn’t optional anymore. It’s essential.

Why Accounting Services Matter More Than Ever in the UAE

The UAE’s business landscape is fast, competitive, and heavily regulated. You can’t afford to let accounting errors or financial mismanagement slow you down. From VAT compliance to financial forecasting, accounting isn’t just about crunching numbers. It’s about strategy, stability, and smarter decision-making.

That’s exactly why Highmark Accountants has become a trusted name in Accounting Services UAE. The company doesn’t just help businesses stay compliant. It empowers them with insights that drive growth. With experienced accountants and financial advisors, Highmark ensures your financials are not just accurate but optimized.

What Makes Highmark Accountants Stand Out

Let’s be real. There are plenty of firms claiming to offer the “best accounting solutions.” But Highmark Accountants brings something different to the table expertise that feels personal. The team doesn’t treat clients like files in a cabinet. They treat them like partners.

Their Accounting Services UAE cover everything from preparing financial statements to managing audits, budgets, and compliance checks. Each service is tailored to your business goals, ensuring every dirham is accounted for and every decision is backed by real data.

But that’s not all. Their Bookkeeping Services UAE are equally top-notch. Highmark understands that bookkeeping is the foundation of sound financial management. They use the latest accounting software and cloud-based systems to record, track, and manage every transaction accurately. No more messy spreadsheets or sleepless nights before tax season.

The Real Power of Bookkeeping Services UAE

Let’s talk about why bookkeeping deserves way more credit than it gets. Imagine trying to drive a car with a fogged-up windshield. That’s what running a business without proper bookkeeping looks like. You might be moving, but you have no idea where you’re headed.

Highmark Accountants ensures that never happens. Their Bookkeeping Services UAE offer clarity and control over your finances. You’ll always know where your money’s going, what your cash flow looks like, and where you can cut costs or invest more.

From daily transaction tracking to reconciling bank statements, every small detail matters. Plus, Highmark’s team makes sure all records meet the UAE’s accounting standards and VAT requirements, saving you from potential penalties. It’s precision with peace of mind.

How Accounting and Bookkeeping Work Together

Think of accounting as the big picture and bookkeeping as the fine print. Bookkeeping records every transaction, while accounting analyzes those numbers to give you insights into profitability, growth, and future opportunities. Highmark Accountants excels at both.

When you combine their Accounting Services UAE and Bookkeeping Services UAE, you get a financial ecosystem that works in harmony. You’ll have up-to-date books, insightful reports, and complete compliance all handled by professionals who actually understand your business goals.

Highmark Accountants’ Modern Approach

What sets Highmark apart isn’t just their expertise. It’s their ability to stay ahead of the curve. The accounting industry is evolving fast, and Highmark Accountants is right there leading the change.

They leverage technology to simplify your financial management. With cloud-based accounting systems, you get real-time access to your data anytime, anywhere. Need to review your expense report during a meeting? Done. Want to see your VAT liability in seconds? Easy.

This digital approach ensures accuracy, transparency, and convenience three things every UAE business owner needs. And let’s not forget their commitment to confidentiality. Your financial data stays private, secure, and handled with complete professionalism.

Why Businesses Across the UAE Trust Highmark Accountants

Trust isn’t built overnight. Highmark has earned it through consistent results, transparent communication, and a problem-solving mindset. Their clients range from small businesses to large corporations, all with one thing in common — confidence in their financial management.

The firm’s team goes beyond numbers. They provide strategic insights to help you make smarter business decisions. Whether it’s planning for growth, managing cash flow, or handling audits, they’ve got your back.

And because they understand how regulations and tax laws change frequently in the UAE, they stay updated so you don’t have to. That means your business always stays compliant without breaking a sweat.

The Bottom Line

In today’s fast-paced UAE market, solid financial management isn’t optional it’s survival. With Highmark Accountants, you’re not just getting professional help. You’re getting a financial partner who understands the value of precision, clarity, and strategy.

Their Accounting Services UAE help you make smarter business moves, while their Bookkeeping Services UAE keep your records spotless and compliant. Together, they create the perfect formula for long-term financial success.

So if you’re ready to stop worrying about numbers and start focusing on growth, it’s time to connect with Highmark Accountants. Visit their official website and see how they can simplify your financial journey today.

Your business deserves more than basic accounting. It deserves Highmark Accountants where numbers meet strategy, and success becomes the standard.

Author

kamranhussainmehar

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Finance

Leading Accounting and Business Setup Firm in Dubai

Published

2 weeks ago

October 20, 2025

kamranhussainmehar

Reviewed
By Mabel Cora

Introduction

Running a business in Dubai isn’t just about big ideas and bold moves. It’s also about smart financial decisions and flawless execution. That’s where Highmark Accountants steps in the trusted Accounting Firm Dubai entrepreneurs rely on, and the go-to Business Setup Firm in Dubai for startups and established companies looking to expand.

The Backbone of Every Successful Business in Dubai

Dubai is a powerhouse for global trade, tech, and innovation. Every day, new ventures pop up, and competition gets tougher. In such a fast-paced environment, even a small financial mistake can turn into a major setback. That’s exactly why choosing the right Accounting Firm Dubai is more important than ever.

Highmark Accountants doesn’t just balance books; they build financial confidence. With a team of skilled accountants, tax experts, and business advisors, they ensure that your numbers always work for you not against you.

Why You Need a Professional Accounting Firm in Dubai

Let’s be honest. Running a business while trying to manage accounting is like juggling flaming torches — it looks impressive until something catches fire. Financial management requires precision, consistency, and an eye for detail. That’s what Highmark Accountants brings to the table.

As a leading Accounting Firm Dubai, they handle everything from VAT registration and auditing to payroll, budgeting, and tax compliance. You won’t just get financial reports; you’ll get clear insights into your business health, helping you make better decisions faster.

And because Dubai’s business regulations are constantly evolving, having experts who stay ahead of the changes gives you a huge advantage. Highmark ensures your company remains compliant, efficient, and ready to scale.

The Smart Choice for Business Setup in Dubai

Starting a business in Dubai is exciting but it can also be confusing if you don’t have the right guidance. That’s why Highmark Accountants isn’t just an accounting firm. They’re also a top-tier Business Setup Firm in Dubai, helping entrepreneurs turn ideas into registered, fully functional businesses.

From choosing the right business structure (Mainland, Free Zone, or Offshore) to handling documentation, licensing, and approvals, Highmark’s experts simplify the entire setup process. They know the ins and outs of UAE’s legal framework, saving you time, effort, and unnecessary stress.

Instead of running from one government department to another, you’ll have a dedicated team doing it all for you — faster and smarter. That’s how business setup should feel: efficient and stress-free.

Why Businesses Trust Highmark Accountants

There’s a reason Highmark Accountants stands out among the crowd of Accounting Firm Dubai and Business Setup Firm in Dubai options. It’s their commitment to transparency, accuracy, and client success.

They don’t believe in one-size-fits-all services. Every business is unique, and so are its financial and operational needs. Highmark takes the time to understand your goals, your challenges, and your vision. Then, they tailor their accounting and business setup strategies accordingly.

Whether you’re a small business owner trying to manage your first financial audit or a foreign investor planning to establish a company in Dubai, Highmark has the expertise to guide you every step of the way.

The Advantage of Combining Accounting and Business Setup Services

Here’s the thing most business owners either focus on getting the setup done quickly or maintaining perfect financial records. Rarely do they think of combining both. Highmark Accountants bridges that gap perfectly.

When you work with them, you get seamless support from day one. The same firm that helps you launch your business also manages your accounts, ensures compliance, and advises on tax-saving strategies. This continuity saves you from costly mistakes and keeps your operations running smoothly.

Imagine having a single partner who knows your company inside out from registration documents to quarterly audits. That’s what Highmark delivers.

Highmark’s Approach: Modern, Efficient, and Transparent

Accounting doesn’t have to be boring or complicated. Highmark Accountants uses modern, tech-driven systems that simplify everything. With cloud accounting solutions, real-time data tracking, and automated reporting tools, you can access your financial data anytime, anywhere.

As an experienced Accounting Firm Dubai, Highmark blends human expertise with cutting-edge technology. Their accountants don’t just crunch numbers; they translate data into actionable insights. You’ll know exactly where your business stands, how to cut costs, and where to invest for growth.

On the Business Setup Firm in Dubai side, Highmark streamlines every stage from selecting the right jurisdiction to securing approvals and visas. Their team handles the heavy lifting so you can focus on what matters most: growing your business.

Navigating Dubai’s Complex Business Landscape

Dubai is an opportunity magnet, but it’s also heavily regulated. From VAT compliance and annual audits to license renewals and tax filings, there’s a lot to manage. Missing a single deadline can lead to penalties or disruptions.

Highmark Accountants keeps you on track. They monitor deadlines, handle documentation, and maintain compliance so your business operates smoothly. You get peace of mind knowing everything is handled by professionals who understand the UAE’s financial and legal landscape.

Why Choose Highmark Accountants Over Others

Plenty of firms in Dubai offer accounting or business setup services, but few combine both with the same level of expertise. Highmark Accountants gives you the best of both worlds.

Expertise: A team of certified professionals with in-depth knowledge of UAE laws and tax regulations.
Transparency: Clear communication and no hidden charges.
Customization: Solutions designed around your business goals.
Efficiency: Quick turnaround times and smooth execution.
Support: Ongoing guidance, not just during setup but throughout your business journey.

Highmark isn’t just another Accounting Firm Dubai or Business Setup Firm in Dubai. They’re your strategic growth partner.

Final Thoughts

In a city where every opportunity counts, partnering with the right firm can make or break your success. Highmark Accountants helps you build that success one strategic move at a time.

Their reputation as a reliable Accounting Firm Dubai and trusted Business Setup Firm in Dubai comes from years of experience, consistent results, and client satisfaction. Whether you’re launching a new venture or scaling an existing one, Highmark ensures your financial foundation is rock solid.

So if you’re serious about growing your business in Dubai without the stress of numbers, licenses, and legalities, it’s time to team up with the experts who make it all look easy Highmark Accountants. Visit their website and take the first step toward smarter business success today.