The Franco-German push for EU integration may backfire January 24, 2019 Amid the turmoil of the Brexit process, it is perhaps understandable that British eyes have not been focused much on recent developments within the European Union. After all, nobody is particularly interested in changes in a club when their membership is about to lapse. But just as we are preparing to set the seal on our [...]
Davos: Philip Hammond declares Britain ‘great place to do business’ after Brexit January 24, 2019 Chancellor Philip Hammond is to make a pitch for the UK’s post-Brexit business credentials in Davos today, as he announces £100m investment for British innovation. Hammond will tell business leaders gathered at the World Economic Forum: “Britain is a great place to do business. And we are determined, as we leave the EU, to make [...]
EXCLUSIVE: Corbyn hosts Venezuelan diplomat in parliament as anti-Maduro protests erupt across the socialist country January 24, 2019 Labour leader Jeremy Corbyn hosted a Venezuelan diplomat in parliament on Wednesday evening, as hundreds of thousands of Venezuelan citizens took to the streets demanding an end to the socialist regime of President Nicolas Maduro. Read more: Gove tears into Jeremy Corbyn as government defeats no confidence vote Corbyn was a vocal supporter of Maduro's [...]
The Irish border shows it’s time for all sides to bend a little on Brexit January 24, 2019 During the Brexit referendum campaign it was the future of the EU's border with Turkey that got all the attention, not the UK's frontier with Ireland. Yet, as time ticks down to Brexit day on March 29, the Irish border question is dominating debate and holding up the ratification of the withdrawal agreement. Read more: [...]
Sterling rises as traders buy into soft Brexit noises January 23, 2019 Traders banked on the likelihood of a ‘no deal’ Brexit diminishing as sterling leapt to a two month high against the dollar on Wednesday The pound peaked at 1.3079 against the US currency as noises from both Westminster and Davos suggested a softer Brexit was likely. In London, Labour leader Jeremy Corbyn held a meeting with [...]
Suspend parliament if it tries to block no-deal Brexit, says Jacob Rees-Mogg January 23, 2019 Leading Brexiter Jacob Rees-Mogg has called on Theresa May to suspend parliament if tries to block a no-deal Brexit. Labour MP Yvette Cooper is leading a cross-party move to get it written into law that the UK cannot leave the EU without an agreement. Opposition leader Jeremy Corbyn is meeting with Cooper to discuss whether Labour will [...]
Sony confirms plans to shift European headquarters to Amsterdam in Brexit move January 23, 2019 Sony has moved its European headquarters to Amsterdam to safeguard itself from possible disruption from Brexit. The Japanese tech firm confirmed the move last night. Sony said it had established a new legal entity in the Netherlands which it will merge its UK-based business into. In a statement Sony said: “In this way we can [...]
Liam Fox blasts Brexit delay, warning it would be worse than no deal January 23, 2019 Delaying Brexit would be a worse outcome for the UK than no deal at all, international trade secretary Liam Fox warned today. Extending Article 50 beyond the end of March would prove “calamitous” for politicians by breaching the public’s trust, Fox said. Read more: WTO members block UK bid to fast-track post-Brexit entry Meanwhile,cancelling the [...]
No matter how we measure inflation, politics will forever trump economics January 23, 2019 THE ECONOMIC Affairs Committee of the House of Lords has got its bovver boots on. Last week, the government was given a sound kicking. The issue was the seemingly esoteric one of how to measure inflation. Inflation tells us how much the prices of goods and services are going up. The question is: what do [...]
Despite apocalyptic Brexit warnings, the good news keeps on coming January 22, 2019 As the twists and turns of this long drawn-out Brexit drama continue, possibly the most surprising aspect of all is just how resilient the good news about UK business continues to be. I know this is tempting fate, I know many experts keep saying that the economic cycle suggests we should have had a recession [...]