Sadiq Khan: UK must remain clearing king after Brexit November 12, 2018 London mayor Sadiq Khan will weigh in on the debate over Europe's post-Brexit clearing industry today, warning the EU that it must guarantee firms continued access to the UK in the event of a “no deal” scenario. Khan will tell German finance minister Olaf Scholz that EU banks and traders should not be permanently “locked out” [...]
The Conservatives must not be afraid to stand up for free markets November 12, 2018 Today’s younger voters were born after the Berlin Wall had fallen and the battle of ideas over economics and the role of the state had been won for a generation. Since then, the world has changed. The Labour party has fallen under the control of people who do not believe in markets, free enterprise, or business. [...]
Parliament will vote down May’s Brexit deal, predicts former minister November 12, 2018 Parliament will reject the Prime Minister’s Brexit deal in order to trigger a fresh referendum, a former minister said today. Justine Greening said there was no chance that May’s proposed Brexit deal could win a parliamentary vote, calling it the “worst of all worlds”. “It leaves us with less influence, less controls over the rules [...]
Theresa May to face crunch Cabinet meeting as EU rejects key customs plan November 11, 2018 Theresa May faces a last-minute battle to formulate a Brexit deal to present to her Cabinet this week. The Prime Minister is scheduled to hold a Cabinet meeting on Tuesday yet is still as loggerheads with the EU, and is coming under increasing pressure at home. May endured a tough weekend following the resignation of [...]
Top Tory MP Tom Tugendhat eyes leadership bid following Brexit November 11, 2018 Senior Tory MP Tom Tugendhat has said he would consider running for Conservative Party leadership. The MP for Tonbridge and Malling told Sky News that voters will want a change of leadership following Brexit, but added that he would wait to see “what deal the prime minister brings back.” Tugendhat, a former army officer, added: [...]
City faces a Brexit ‘nightmare’ unless a deal is done by Christmas, says new lord mayor November 11, 2018 The new lord mayor of London has said banks and insurers will face an "administrative nightmare" unless a Brexit deal is secured by Christmas. Former Barclays executive Peter Estlin told the Sunday Times that there was a "huge amount" of anxiety in the City despite recent suggestions that the Prime Minister was closing in on a [...]
Keir Starmer brands Theresa May’s no-deal warnings a ‘political hoax’ November 11, 2018 Shadow Brexit secretary Keir Starmer has said threats of leaving the European Union without a deal are a "political hoax". Starmer, who has called for a second referendum or people's vote, said MPs were not duty-bound to vote through a "bad deal" in parliament and must instead "take back control". Writing in the Sunday Times, Starmer said the [...]
UK may not get Brexit deal, says trade secretary Liam Fox after Jo Johnson resignation November 10, 2018 The UK could walk away from the European Union without a deal as the country prepares for Brexit, trade secretary Liam Fox has said. The minister said that Britain would not accept separate treatment for Northern Ireland under a Brexit deal, and dismissed calls for a second referendum. “We may or may not be able to [...]
Donald Trump has labelled French president Emmanuel Macron ‘very insulting’ for EU army comments November 10, 2018 Donald Trump has criticised French President Emmanuel Macron for comments he made about Europe needing an army to protect itself from the US, among other countries. Trump called the comments "very insulting" as he arrived in Paris to commemorate the 100th anniversary of the end of the first world war with other world leaders. On Tuesday, Macron called for [...]
Jo Johnson quits as transport minister over Brexit, calling for second referendum November 9, 2018 Jo Johnson resigned from government this afternoon in protest at the Prime Minister’s Brexit strategy, backing calls for a second referendum. Calling Theresa May’s Brexit deal “a terrible mistake”, the minister of state for transport quit his post, claiming the UK economy would suffer from May’s Brexit agreement. “The choice being presented to the British [...]