EU referendum betting odds: A Brexit vote has just reached its highest probability since March June 14, 2016 If you're planning on betting on a Brexit, now's the time to do it, after bookie Betfair put the chances of a Leave vote at 40 per cent, with odds of 6/4. Meanwhile, the probability of a Remain vote fell to 60 per cent, giving it odds of 4/6. That figure is the highest since it [...]
Smaller pension funds to suffer most if there’s a Brexit June 14, 2016 Mercer has warned smaller pension funds are most at risk from potential market volatility in the wake of Brexit. It comes as fears about the financial market impact if the UK votes to leave the EU next week sent the CBOE Market Volatility Index (Vix), aka the Fear Index, to its highest level in three months yesterday. Read [...]
The Sun backs Brexit, asks its readers to “beLEAVE in Britain” June 13, 2016 In a major blow to Prime Minister David Cameron, The Sun has come out in favour of Brexit in the upcoming EU referendum. The newspaper's front page on Tuesday carries an editorial backing the Leave campaign: “We urge our readers to beLEAVE in Britain and vote to quit the EU on June 23”. The influential [...]
The Brexit camp has attacked two BT bosses after they wrote to staff emphasising their fears around a Brexit vote June 13, 2016 A former trade minister has savaged BT's leadership after it issued a firm-wide memo this week supporting the UK's EU membership. BT chairman Sir Mike Rake and chief executive Gavin Patterson teamed with the Communications Workers Union, and Prospect to issue the note, which sought to highlight their concerns, without explicitly encouraging staff to vote Remain in [...]
Former Prime Minister Gordon Brown has been attacked by Labour’s own camp of Brexiteers June 13, 2016 Former Prime Minister Gordon Brown has been slammed by Labour's leave campaigners after intervening in the Brexit debate. Speaking at De Montfort University in Leicester, Brown said today that Britain “should be a leader in Europe and not leaving it”. "Britain is at its best when it is outward-looking, engaged, welcoming, internationally minded, thinking of [...]
Skills minister says Brexit vote could kill off the apprenticeship levy June 13, 2016 Skills minister Nick Boles has suggested the incoming apprenticeship levy could be put on ice if the UK votes to leave the EU. The levy was designed to generate funding for 3m apprenticeships, but has faced opposition from business groups including the Confederation of British Industry since it was first announced in the July 2015 budget. [...]
A new ICM poll shows a growing lead for Leave campaigners ahead of next week’s EU referendum June 13, 2016 The latest poll figures show support for leaving the EU is growing amongst the British voting public with figures from a pair of ICM polls increasing Brexit's lead to six points. Figures from ICM show a 53 per cent now back Brexit, compared to 47 per cent for Remain, with the lead mirrored across both online and [...]
BAE Systems boss warns employees of uncertainty in the UK in stark Brexit warning June 13, 2016 Defence and aerospace group BAE Systems has warned its staff of the risks of Britain leaving the EU. The company's CEO Ian King told employees in a note on the BAE Systems' internal website that Brexit would bring a "period of uncertainty", Sky News has reported. "From early on we have made clear our company view that remaining part of [...]
UK should not be forced to pay welfare to EU citizens without a right to reside, says think tank IPPR June 13, 2016 The UK should not have to pay welfare to EU citizens that do not have the right to reside, a think tank has said. Ahead of the European Court of Justice judgement (ECJ) on the UK's "right to reside" test for claiming certain family benefits, expected tomorrow, the IPPR has said the EU citizens should not [...]
Say what you like about the EU referendum – but Brexit isn’t going to hit UK house prices June 13, 2016 Why leaving or staying will have no impact on house prices In the run-up to next Thursday’s referendum, there have been some flabbergasting claims made by both sides. Suppositions made include the premise that leaving the European Union would lead to war and recession (although it was not made clear in what order these will [...]