City of London rules will lose “British voice” after Brexit, says Lord Jonathan Hill June 26, 2016 Rules governing the City of London will lose their “British voice” following Brexit, the UK’s outgoing EU commissioner has warned. Lord Jonathan Hill does not believe British banks and financial institutions will escape EU rules whatever the terms of Brexit and will have to fully adopt them if they want access to the single market. “Rulemaking [...]
BHS fiasco rumbles on as Goldman Sachs and The Pensions Regulator due to reappear in front of the committees next week June 26, 2016 The BHS saga starts a new chapter next week, with two more evidence hearings due to take place in parliament. On Tuesday afternoon, the Work and Pensions committee and Business, Innovation and Skills committee are set to hear from Alex Dellal, Allied Commercial Exporters, Paul Sutton, Lesley Titcomb, chief executive of The Pensions Regulator and Neville Kahn, managing partner, financial [...]
Welsh and Scottish first ministers clash over whether they should block Brexit June 26, 2016 The Welsh and Scottish first ministers have markedly different views over whether their parliaments should try to block the UK from leaving the European Union. Asked whether she would consider asking Holyrood not to back such a motion of legislative consent, Scotland's first minister Nicola Sturgeon replied "of course". "If the Scottish parliament was judging this on the basis of [...]
Nigel Farage questions whether Mark Carney should remain in his job as governor of the Bank of England June 26, 2016 Nigel Farage has questioned whether Mark Carney should be allowed to remain as governor of the Bank of England. The Ukip leader has accused Carney of not behaving in an "independent manner" during the run-up to the EU referendum. Read more: Farage calls for 23 June “independence day” bank holiday In the weeks leading up [...]
Update: Here we go again? A petition for a second EU referendum has over 3m signatures, but it’s being investigated for fraud June 26, 2016 A petition calling for a second EU referendum has now reached over 3m signatures – meaning it must be considered for debate in parliament. At one point the online petition, launched by William Oliver Healy, was receiving signatures at such a rapid pace, the website crashed. "We the undersigned call upon HM Government to implement a rule [...]
Iain Duncan Smith says new prime minister should be a Brexiteer June 26, 2016 Former Conservative leader Ian Duncan Smith has said that the new prime minister should come from the Leave camp, with David Cameron due to step down in the wake of Britain's decision to leave the European Union. Speaking on the Andrew Marr show, the prominent Leave campaigner said: "The government itself had a view… which was [...]
European Union clarifies how Brexit will actually work June 26, 2016 The European Union has spelled out what Britain must do to remove itself from the bloc following Thursday's referendum. It said that Article 50, which sets a two-year deadline for a deal, can be triggered by the government through a formal declaration either in a letter or a speech. Read more: Lord Sugar slams Boris for "misleading" public [...]
Jeremy Corbyn is facing a revolt within the parliamentary Labour party, with 11 frontbenchers resigning in protest, while Hilary Benn was dismissed last night June 26, 2016 Jeremy Corbyn is facing a huge revolt within the parliamentary Labour party, with 11 of his cabinet resigning today, while shadow foreign secretary Hilary Benn was dismissed late last night. Since the Labour leader sacked Benn, Corbyn has since seen his shadow health secretary Heidi Alexander, and shadow minister for voter registration Gloria De Piero resign, with Labour's shadow [...]
Lord Sugar slams Boris Johnson for “misleading” the British public “with lies”about Brexit June 25, 2016 Lord Sugar has pointed a finger at Leave champions Boris Johnson and Michael Gove for "misleading" the British public "with lies" about benefits of Britain leaving the EU . In a series of tweets, the Apprentice boss said that the "Leave fuelled by a festering sense of betrayal among legions of working class voters". Leave fuelled by [...]
Here’s why a petition for a second referendum is a “waste of time”, according to Britain’s election expert John Curtice June 25, 2016 The petition to hold a second referendum, which has attracted nearly two million signatures, is a "waste of time", a top expert has said. Professor John Curtice of Strathclyde University, whose exit poll last year accurately predicted the Conservatives would win the general election, has branded the petition a "waste of time". Curtice told City A.M.: "The point of [...]