John Major urges Prime Minister May to ditch red lines on Brexit negotiations January 19, 2019 Former Conservative prime minister John Major has urged Theresa May to drop her so called red lines on Brexit negotiations and let parliament find a way to avoid a no deal scenario. Major said: “Her deal is dead and I don’t think honestly that tinkering with it is going to make very much difference if [...]
International Trade Secretary Liam Fox yet to seal a single free trade agreement in case of no-deal Brexit January 19, 2019 The UK is yet to finalise any of the 40 free trade deals that the EU has with other big economies in case of a no-deal Brexit. International Trade Secretary Liam Fox said he was hopeful of deals being done before the UK is due to leave the EU on March 29 but insisted it [...]
Customs union compromise could open the door to renewed talks on Brexit, says commissioner January 19, 2019 Britain could clear the way to reaching an agreement on the Brexit deal if it rows back on a commitment to leave the EU’s customs union, according to a senior commissioner within the bloc. Prime Minister Theresa May is still in a stand-off with opposition Labour leader Jeremy Corbyn, halting her last minute bid to [...]
Special counsel Robert Mueller’s office rebuffs reports Trump told ex-lawyer Cohen to lie to Congress January 19, 2019 US special counsel Robert Mueller’s office has disputed parts of a media report which claimed President Donald Trump directed his former lawyer to lie to Congress about a real estate deal in Moscow. Buzzfeed News reported late on Thursday that Michael Cohen, Trump’s former lawyer and so called fixer, told investigators into Russian collusion that [...]
Boris Johnson says delaying Article 50 would erode trust in politicians January 18, 2019 Boris Johnson warned today that politicians risk losing the electorate's trust if they were to delay Brexit by extending Article 50 beyond 29 March. In a speech at building machinery giant JCB’s headquarters in Staffordshire this morning, he said: “It's overwhelmingly likely we will get a deal, a good deal – we just won't get [...]
House of Commons Speaker John Bercow set to be denied peerage by Theresa May January 18, 2019 Ministers have moved to block House of Commons Speaker John Bercow from being offered a seat in the House of Lords in a bid to punish him for Brexit debate “bias”. Bercow would become the first speaker in 230 years to have his peerage blocked as they are usually automatically offered a seat in the [...]
Lloyds prepares for Brexit with Berlin banking licence January 18, 2019 Lloyds Banking Group has secured a banking license for its Berlin subsidiary as the Brexit deadline date approaches. The lender has previously run the office on a standard passporting licence, however all British banks with customers in the EU could lose the licence after March 29 therefore Lloyds is seeking further regulatory approval, Reuters reported. [...]
The Lords have spoken: It’s time to fix RPI and reform the way we measure inflation January 17, 2019 On Thursday, the House of Lords Economic Affairs Committee published an unusually strongly worded report about what seems like a relatively dry and technical topic: how we measure inflation. Let me stop you before you switch off – the calculation of inflation matters, because it affects all sorts of prices that you pay, from rail [...]
Theresa May tells Corbyn to drop ‘impossible’ demand of ruling out a no deal Brexit January 17, 2019 Theresa May and Jeremy Corbyn are at loggerheads after the Prime Minister refused to give in to Labour’s “impossible condition” of ruling out a no deal Brexit. In a letter to the Labour leader, May urged her opposite number to drop the demand – which is Corbyn’s precondition for any cross-party talks on breaking the [...]
London Assembly renews support for second referendum following Theresa May’s defeat January 17, 2019 The London Assembly has thrown its weight behind a second referendum following the Prime Minister's historic drubbing in the House of Commons over her Brexit deal. The motion, proposed by Labour assembly leader Len Duvall, restated the assembly's previous support for a second referendum and Sadiq Khan's call to withdraw Article 50, the mechanism that allows the UK to [...]