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      A decade after Brexit, what does the City want next?

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Politics

  • Leavers begin to sense it could be May’s Brexit or no Brexit at all

    January 21, 2019

    The pre-decimal penny seems to have finally dropped for arch-Brexiteer and 'member for the 19th century' Jacob Rees-Mogg, who declared over the weekend that “Mrs May's deal would be better than not leaving at all.” While he insisted that he would still prefer a no-deal exit to the withdrawal deal negotiated by the Prime Minister, [...]

  • No Boris, springing aimless policy promises on the public is not the way to make change

    January 21, 2019

    The tax burden in the UK is at a 50-year high, accounting for over 34.5 per cent of GDP. Nevertheless, MPs from across the political spectrum like to propose new and higher taxes – the implementation of which increase the burden on families, who are already struggling from Britain’s cost of living crisis and lackluster [...]

  • Ireland will not negotiate with UK over Brexit backstop, says minister

    January 21, 2019

    Sterling dipped this morning as Ireland said it would not negotiate separately with the UK over Theresa May’s Brexit deal. The Prime Minister was hoping to sign a treaty with Ireland to remove the so-called Irish backstop from her unpopular withdrawal agreement, according to The Sunday Times. Read more: May must battle MPs trying to delay [...]

  • Petition to unseat Dominic Grieve reaches 10,000 signatures ahead of Plan B amendment

    January 21, 2019

    A petition calling for the deselection of MP Dominic Grieve has reached 10,000 signatures amid claims he is trying to “overturn” Brexit through an amendment to May's Brexit deal. The online petition calling on the Tory party to unseat Grieve, launched seven months ago, has seen a surge in support amid a parliamentary deadlock over Brexit.  [...]

  • City Corporation criticised for pressing ahead with Mansion House revamp while social housing suffers ‘neglect’

    January 20, 2019

    City of London councillors have criticised the Corporation for refurbishing the Mansion House while allowing tenants in social housing to suffer "freezing winters" in flats that they claim have fallen into disrepair. The official residence of the Lord Mayor is also used for hundreds of events each year including the annual Mansion House dinner. £1.45m has [...]

  • Nearly half of business leaders now support a second Brexit referendum

    January 20, 2019

    Nearly half of business leaders would support a second Brexit referendum following the defeat of Prime Minister Theresa May’s Brexit agreement in parliament. In a survey of 1,200 business leaders carried out between 17-19 January, 45 per cent said they would support a second referendum or a referendum on the withdrawal deal. Twenty nine per [...]

  • Labour loses up to 150,000 members over its stance on Brexit

    January 20, 2019

    The Labour party's stance on Brexit has prompted the exodus of about 150,000 members in recent months, according to reports. Labour sources told the Sunday Times that up to 100,000 are also not up to date with their subscriptions and enrolment is floundering at 385,000. The losses have reportedly cost the party £6m. A Labour source [...]

  • Theresa May faces trying week in parliament as MPs plan to delay Brexit

    January 20, 2019

    Theresa May will update MPs on her Brexit plan B on Monday amid open warfare in her own party over how to break the deadlock in parliament. She will also table a motion that will be debated and voted on 29 January. The Prime Minister is believed to be focusing her efforts on winning over [...]

  • Angela Merkel calls for greater military cooperation in EU ahead of European elections in May

    January 19, 2019

    Angela Merkel has said the European Union should cooperate more in developing weapons systems in a bid to push back against a growing wave of euroscepticism before the European parliamentary elections in May. The German Chancellor said her country may need to make compromises on strict export controls. Read more: German politicians including Chancellor Angela Merkel [...]

  • 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 [...]

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