S&P warns Britain likely to lose its AAA credit rating after Brexit June 24, 2016 Credit ratings agency Standard & Poor's has warned Britain could lose its AAA credit rating, after it voted for Brexit heralding a period of political, economic and financial uncertainty. Moritz Kraemer, chief ratings officer for S&P, reiterated that he expected the risks associated with the UK voting to leave the European Union will lead to a credit downgrade [...]
New car sales to drop 20 per cent in Brexit recession, analyst says June 24, 2016 Demand for new cars could tumble by 20 per cent if the UK falls into a recession following the historic vote to leave the European Union. BNP Paribas warned economic downturns usually shrivel car sales by up to one fifth, in a market update after media organisations called the EU referendum for the Leave side. [...]
This is the end of Cameron, Osborne and Carney, says former MPC member Danny Blanchflower June 24, 2016 Brexit will spell the end of Prime Minister David Cameron, chancellor George Osborne and Bank of England governor Mark Carney, economist Danny Blanchflower has warned. Speaking to City AM, the former BoE policymaker said: "Brexit will spell the end of David Cameron, George Osborne and Mark Carney because they just told us Brexit would be a disaster for [...]
Conservative MP Jacob Rees-Mogg says there could be another general election as soon as this autumn June 24, 2016 There could be a general election in the autumn, Conservative MP and Leave campaigner Jacob Rees-Mogg has warned. "I wouldn't rule out a new election altogether. It's complicated under the Fixed Term Parliament Act, but it's not impossible," he said. His comments come as the Leave camp gained ground through the night. The possibility of Brexit [...]
Did London vote Leave or Remain? Here’s a full breakdown June 24, 2016 Londoners flocked to polling stations yesterday despite flash floods hitting some parts of the capital. So did London vote Leave or Remain? Results have started pouring in, follow the results on our live EURef map. Here are all the London results: Barking and Dagenham REMAIN 27,750 LEAVE 46,130 Barnet REMAIN 60,823 LEAVE 39,387 Bexley REMAIN 47,603 [...]
Lindsay Lohan’s tweets about EU referendum send Twitter into tizzy June 24, 2016 What do David Cameron, Boris Johnson, Nigel Farage and Lindsay Lohan have in common? They're all obsessing over the EU referendum at the moment. While it's obvious why the three above-mentioned politicians are talking/eating/sleeping EU referendum poll results at the moment, "why is the Mean Girls star tweeting about Britain's historic vote?" you may ask. [...]
He said what?! Boris tells man on Tube “we’ve lost” the EU referendum June 23, 2016 Former London mayor and high profile Leave campaigner Boris Johnson admitted to a man on the Tube that the Vote Leave campaign has lost the referendum. Lewis Iwu, director of the Fair Education Alliance, tweeted a photo of the MP for Uxbridge and South Ruislip, claiming that Johnson said he had "lost" the EU referendum anyway. Just been asked on [...]
Pro-Brexit Tory MPs write to Cameron urging him to remain Prime Minister regardless of referendum result June 23, 2016 Over 80 Conservative MPs have written a letter to David Cameron urging him to remain Prime Minister irrespective of the referendum result. The letter has been signed by all members of the Cabinet who voted Leave and was delivered to Downing Street by Tory MP Robert Syms. People who signed the letter include Brexit supporters such as Priti [...]
Ukip leader Nigel Farage believes that Remain has won the referendum June 23, 2016 With the polls now closed in today's referendum on the UK's membership of the European Union, Ukip leader and Leave campaigner Nigel Farage has said that he believes his side has lost. "Turnout looks to be exceptionally high and it looks like Remain will edge it," Farage told Sky News. "Ukip and I are going nowhere and [...]
The polls have closed: EU referendum voting has now ended across the UK – and now the counting begins June 23, 2016 Polling booths across the UK to vote on the country's EU membership have now closed. Both the Remain and Leave camps look to have a long night ahead of them as counting now gets underway. The Electoral Commission has said if you're in line at a polling station at the 10pm cut-off you'll be able to cast [...]