Members block the UK’s bid to fast-track its post-Brexit entry into the World Trade Organisation October 25, 2018 The UK’s bid to fast-track its post-Brexit entry to the World Trade Organisation (WTO) failed today, after other countries expressed misgivings over Britain’s approach to tariffs. The news means the UK will face a longer path towards using the WTO, by entering a lengthy period of negotiations. That means the process of joining the WTO [...]
European Parliament calls for a full audit of Facebook over its data breach track record October 25, 2018 The European Parliament has today called for a full audit to be carried out on Facebook to assess the security of its users' personal data and the firm's data protection policies, in light of this year's string of data breaches. MEPs have today adopted a resolution which urged Facebook to allow EU bodies to carry out [...]
What entrepreneurs want Philip Hammond to announce in the Autumn Budget October 25, 2018 At the Conservative party conference earlier this month, chancellor Philip Hammond announced £20m of investment in business networks “to enable small businesses to learn from each other and from world-leading firms”. He also recognised the need for mentoring and management training for small and medium-sized enterprises, pledging another £11m to help 10,000 businesses by 2025, [...]
Calls for a second referendum are unwise, undemocratic, and playing with dynamite October 25, 2018 “I want to be absolutely clear, this government will never accept a second referendum.” This statement from the Prime Minister in September should have been the end of the matter. Alas, it wasn’t. The so-called “people’s vote” scenario runs something like this. Enough Conservative MPs vote with Labour against any final EU agreement, defeating it [...]
DEBATE: Has the EU overstepped the mark by rejecting Italy’s budget? October 25, 2018 Has the EU overstepped the mark by rejecting Italy’s budget? Matthew Elliott, senior political adviser to Shore Capital, says YES. From the moment Britain’s Brexit referendum was announced in 2013, the EU started to moderate its most overt interventionist instincts, minimising Eurozone problems through quantitative easing, and restricting its tendency to meddle in the affairs [...]
Theresa May does little to reassure her Brexit critics at crunch backbenchers meeting October 24, 2018 Theresa May faced down her fractious party this evening but offered no new reassurances to the many critics of her beleaguered Brexit policy. The Prime Minister spoke to a meeting of backbench Conservative MPs – known as the 1922 committee – for just under an hour in a bid to win support for her negotiating stance with the [...]
Straws and cotton buds out as officials warn ocean plastic could outnumber fish October 24, 2018 Plastic straws and cotton buds will be banned under proposals approved by the European Parliament earlier today. The rules, designed to reduce ocean pollution, would ban ten single-use products with readily available alternatives by 2021. Read more: Here's how we tackle the biggest source of microplastic pollution The list includes polystyrene fast-food containers and products [...]
Civil service boss steps down over ill health following cancer diagnosis October 24, 2018 Head of the civil service Sir Jeremy Heywood has stepped down from the role over ill health after being diagnosed with cancer last year, the Cabinet Office announced today. National security advisor Sir Mark Sedwill, who has been acting cabinet secretary since Heywood took a leave of absence in June, will take on the role [...]
Dominic Raab accused of ‘unacceptable’ behaviour for dodging parliament Brexit committee October 24, 2018 Brexit secretary Dominic Raab has been accused of keeping parliament in the dark by refusing to give evidence to a committee on the UK’s negotiations with Brussels. Raab told the Lords committee on the EU on Tuesday he would not be able to appear before them until after the Brexit deal has been finalised. Lord [...]
Pound sinks to six-week low as Theresa May prepares to meet 1922 Committee October 24, 2018 The pound has fallen to a six-week low as Theresa May prepares to meet rebellious Conservative MPs amid fears of a no confidence vote. Sterling fell 0.6 per cent on Wednesday hitting $1.2902 – the lowest level since the beginning of September. The Prime Minister will face down critics from her own party when she [...]