Tom Watson calls for second referendum to be included in any Labour-Tory Brexit agreement April 5, 2019 A second referendum on a final Brexit deal could “solve the national crisis” in the UK, Labour’s deputy leader Tom Watson said. Watson told the BBC he was a "reluctant convert" to a confirmatory vote but said it could be a way out of the current parliamentary impasse. Read more: Goldman Sachs cuts the probability [...]
Chancellor Philip Hammond says ending austerity will not mean spending splurge April 5, 2019 Chancellor Philip Hammond has fired back over criticisms of the autumn Budget, saying that ending austerity should not mean increased spending in every government department. Read more: Hammond has the cash to end austerity, IFS says Hammond today said bringing an end to austerity was “also about delivering wage growth and leaving more in people’s [...]
Remain-supporting Labour candidate wins by-election in leave-voting Newport West April 5, 2019 A pro-European Labour candidate was today announced as the winner of a by-election in Newport West, which voted leave in the 2016 EU referendum. Labour candidate Ruth Jones won the seat with 9,308 votes (39.5 per cent) in an election that was triggered by the death of the incumbent Labour MP Paul Flynn in February. [...]
Goldman Sachs cuts the probability of a no-deal Brexit April 5, 2019 Goldman Sachs said today that the UK is less likely to leave the EU without a deal as cross-party talks continue. Economists at Goldman Sachs have said that they think the likelihood of the UK leaving the EU without a deal has fallen. Goldman Sachs’ number crunchers upped the chances of a modified version of [...]
Poll: Sterling set to rise three per cent if Brexit deal looks likely April 5, 2019 Sterling will jump three per cent if it looks likely the government will secure a Brexit deal, but will drop five per cent if talks fail, according to a Reuters poll. The pound plummeted following the 2016 referendum and has been volatile ever since as the market reacts to every development in the Brexit negotiations. [...]
Prime Minister Theresa May asks EU for Brexit delay until 30 June April 5, 2019 Prime Minister Theresa May has written to Donald Tusk requesting an extension to the Brexit deadline until 30 June. She asked for an option for the UK to withdraw earlier if a deal is agreed, but admitted the delay means the UK may have to take part in the European parliament elections in late May. [...]
Brexit: Donald Tusk hints EU could back 12-month flexible Article 50 delay April 5, 2019 European Council president Donald Tusk is set to offer the UK a 12-month delay to Brexit, it is reported. Read more: House of Commons sitting suspended due to water leak Tusk would make this a “flexible” extension that allows the UK to quit the EU before the year is up if parliament agrees a deal, [...]
Don’t be fooled, May’s talks with Corbyn merely bide her time April 5, 2019 Very few people believe that the ongoing talks between Theresa May and Jeremy Corbyn will yield a satisfactory solution to the Brexit crisis. The Leader of the Opposition is in a ludicrously powerful position: he can demand exactly what he wants from May, and if she tries to make him shift or compromise, he will [...]
The current Brexit approach guarantees failure – when will the no-dealers wake up? April 5, 2019 The Brexit process resembles a slow motion car crash. But of all the many twists and turns that we have had to endure in recent weeks, perhaps the most torturous has been the path trodden by the most committed proponents of the UK’s exit from the EU: the so-called “no-dealers”. Having once been the shock [...]
House of Commons sitting suspended due to water leak April 4, 2019 A leaking roof has forced House of Commons sitting to be suspended. The Commons is set to be closed for the rest of Thursday, although the House of Lords will remain open to debate the latest Brexit developments. A cafe located two floors above the press gallery section of the Commons is also closed due [...]