Angela Merkel: Don’t be “nasty” during Brexit talks June 25, 2016 German Chancellor Angela Merkel today said "it shouldn't take forever" for Britain to deliver formal notification to leave the European Union. Speaking at a news conference, Merkel said: "To be honest, it shouldn't take forever, that's right — but I would not fight over a short period of time." The German leader called for a "objective, good" [...]
EU referendum: The Scottish government will talk directly to other EU countries over a second independence referendum June 25, 2016 The Scottish government will open discussions with Brussels immediately about finding a way to keep Scotland in the European Union, Nicola Sturgeon has confirmed this morning, as the UK hurtles towards a second referendum on Scottish independence. After a meeting of her cabinet this morning the First Minister outlined her plans to do whatever she can to make [...]
UK’s European commissioner Lord Hill resigns after Brexit vote June 25, 2016 Lord Jonathan Hill, the UK's European commissioner, will step down from his role following Britain's decision to leave the European Union. Announcing his resignation on his website, Hill said he is "very disappointed" about the result of the referendum and said he doesn't believe it is right that he should carry on as the UK's top representative [...]
The City could lose its status as Europe’s financial hub, warns top ECB official June 25, 2016 Britain's decision of leaving the EU could lead to the City losing its status as Europe's financial hub, a senior European Central Bank (ECB) official has warned. Villeroy de Galhau, who is the governor of France’s central bank, said the the Leave vote is "bad news for Britain" and will have "negative consequences" for the UK economy. [...]
EU referendum: Jeremy Corbyn hits back against calls for him to step down after Brexit vote June 25, 2016 Jeremy Corbyn has confirmed he will not be stepping down as Labour leader and will fight any attempt from Labour MPs to oust him. After two senior Labour figures – Margaret Hodge and Ann Coffey – tabled a motion of no confidence in the leader, Corbyn said he was aware of unrest within the party but would [...]
France and Germany want a new British Prime Minister “within days” so that “they’re not left hanging” June 25, 2016 France and Germany have called for a new British Prime Minister to be appointed as soon as possible in a meeting with the six founding countries of the European Union today. French Foreign Minister Jean-Marc Ayrault said: “We will begin this process immediately, this has to be clear — the British people have spoken." Ayrault added that "the 27 other EU [...]
Who’s going to be Britain’s next Prime Minister and how will he/she be chosen? June 25, 2016 David Cameron's resignation after Britain voted to leave the EU has sparked speculation about the country's next Prime Minister. Former London mayor Boris Johnson is the bookies' favourite for being Cameron's successor. In the past the Leave champion has vehemently denied ambitions to become Prime Minister saying the likelihood of him leading the country is “about as [...]
EU referendum: Foreign ministers of EU’s six founding members hold crisis meeting in Berlin to discuss Brexit response June 25, 2016 The original six members of the European project have met in Berlin today for crisis talks on how to handle the UK's decision to leave the European Union. The foreign ministers of Germany, France, Italy, Belgium, the Netherlands and Luxembourg are to discuss how the EU should approach the mammoth negotiating task that is about [...]
EU referendum: Everything you need to know the morning after Brexit June 25, 2016 It has been 24 hours since we received confirmation that the UK had voted to leave the European Union and Westminster, the country, Europe and the world are still in shock. Whatever side of the debate you were on, the result was a surprise. Seconds after polls closed on Thursday evening Ukip leader Nigel Farage all but conceded, [...]
Gold “on fire” as UK shocks markets with Leave vote June 24, 2016 Spooked investors have continued to pile into gold as financial markets around the world enter meltdown following the UK's vote to leave the European Union. Gold swelled over six per cent to $1,313.60 at the London close, after climbing as high as $1,355.6 earlier today. Market uncertainty was increased after Prime Minister David Cameron resigned in the aftermath [...]