Another former aide to David Cameron has joined the ranks of lobbyists January 24, 2017 A former aide to David Cameron has become the latest of the ex Prime Minister's staff to join the ranks of lobbyists. Cameron's former deputy chief of staff, Baroness Kate Fall, is to join Brunswick to serve as a senior partner. Fall was part of Cameron's team until she departed office last summer, with the [...]
Airbus senior exec warns on UK future investment over Brexit free movement January 24, 2017 A senior Airbus executive has warned the company's future investment could be hit if Brexit disrupts the movement of talent and products. "At the moment we're continuing to invest because we take the view that Airbus in the UK is an integral part of the family of Airbus, so we're still highly committed to the UK," said Tom Williams, chief operating [...]
The Supreme Court Article 50 decision should help Brexit rather than hinder it January 24, 2017 As I've said in these pages before, the fact that our Parliament is required to have a debate about Article 50 of the Treaty on European Union before the British government exercises our right under it to begin the process of leaving the EU is not a great surprise; nor do I think that the [...]
Supreme Court ruling pushes sterling down despite forcing Parliamentary vote January 24, 2017 The Supreme Court’s decision to force the government to allow a vote on triggering Article 50 has provided scant consolation to the pound, which has extended losses in volatile trading. Sterling fell to lows of $1.2438 against the US dollar at the time of publication in response to the ruling. It had risen sharply ahead [...]
How did the political world react to the Supreme Court’s Article 50 verdict? January 24, 2017 Prime Minister Theresa May's top lawyer has had his say on today's Supreme Court ruling, and Brexit secretary David Davis is due to make a statement to the House of Commons later today. But what about the rest of the political world? Read More: Live: Government loses Article 50 appeal Labour Labour leader Jeremy Corbyn said that his party will not [...]
Government borrowing less than predicted putting it on track to undershoot deficit expectations January 24, 2017 UK borrowing was less than expected in December, boosting the government as it aims to eradicate the deficit in spending while avoiding an economic hit from Brexit. Borrowing to fund the deficit fell to £6.9bn in December, according the Office for National Statistics, putting it on track to undershoot the latest forecasts by the Office [...]
Attorney general “disappointed” with the Supreme Court’s Article 50 verdict January 24, 2017 The attorney general has confirmed the government will bring forward a bill to trigger Article 50 following today's Supreme Court ruling. The UK's highest court ruled today that MPs must be given a vote on the launch of Brexit talks. However, it also said the government did not have to gain the approval of the [...]
The Green Investment Bank’s stalled sale risks red faces January 24, 2017 The sale of the Green Investment Bank (GIB) has stalled amid speculation that the government fears ending up with egg on its face from a botched privatisation. The GIB, set up by former business secretary Vince Cable to mobilise private sector capital into the renewables sector, is seeking a new owner to boost investment into [...]
Britain’s new industrial strategy must not drown out the voices of emerging sectors January 24, 2017 The government has published its long-awaited industrial strategy – its 10 point plan for building a robust economy in the face of economic change, increasing automation and the unknown impact of leaving the EU. Wrapped up in its 125 pages is a strong focus on innovation-led growth, including clarity on the £4.7bn of additional funding [...]