EU to extend temporary access to UK clearing houses beyond March November 15, 2019 Brussels is planning to extend access to London-based clearing houses for EU clients beyond next March in a bid to prevent financial turmoil if Britain leaves the bloc without a deal. A temporary permit that treats UK clearing houses as EU firms post-Brexit is due to expire at the end of March, raising the prospect [...]
Boris Johnson’s election pledge: Let’s end Brexit groundhog day November 13, 2019 Prime Minister Boris Johnson is set to call on voters to end the “groundhoggery” of Brexit in his first major General Election speech. The Prime Minister will say the UK cannot “squander” more time on deciding on the manner of its departure from the EU, and ask the public to let him “get Brexity done”. [...]
Peter Mandelson resigns from People’s Vote campaign November 12, 2019 Labour peer and ex-Tony Blair strategist Lord Peter Mandelson has quit the People’s Vote campaign. Mandelson and former Labour staffers Will Straw and Joe Carberry resigned from the board of Open Britain today, claiming that defacto chairman and PR tycoon Roland Rudd was about to push them out. Read more: People’s Vote staff reject new director [...]
Brexit inspires Collins’ first-ever ‘Brexicon’ November 7, 2019 The Collins Dictionary put a spin on its annual word of the year announcement today by releasing its ‘Brexicon’, a list of ten words brought to prominence by Brexit – “for better or for worse.” ‘Cakeism’ – a wish to enjoy two desirable and incompatible alternatives – rubs shoulders with ‘Brexiety’ – a state of [...]
Pound sinks as Bank of England comes closer to interest rate cut November 7, 2019 The pound fell sharply this afternoon as the Bank of England came closer to signalling an interest rate cut. The Bank’s Monetary Policy Committee voted in favour of holding rates for the 15th month in a row, but traders were surprised as two members voted for an immediate rate cut. Read more: Bank of England: [...]
Bank of England: Brexit deal and trade wars will limit UK growth November 7, 2019 Boris Johnson’s Brexit deal and global trade tensions are likely to hold back growth in the UK economy over the next three years, the Bank of England has said. British national income will be one per cent lower by 2022 than originally thought, the Bank predicted today in its quarterly deep-dive into the economy. Read [...]
General Election 2019: Liberal Democrats, Green and Plaid Cymru ‘Unite to Remain’ pact for 60 seats unveiled November 7, 2019 The Liberal Democrats, Green Party and Plaid Cymru have struck a deal in which the parties will step aside for the most likely Remain candidate in 60 seats across England and Wales. Jo Swinson’s party will be given a clear run at 43 constituencies, including Bermondsey and Old Southwark, Chelsea and Fulham, Esher and Walton, [...]
Brexit may bring uncertainty, but a Corbyn-led government is a bigger threat November 7, 2019 Where the Brexit vote differs from other political shocks is that three years on, the uncertainty has yet to subside. We’ve learnt little since 2016 about what our long-term relationship with the EU will look like. The Prime Minister now has a deal, but that’s only the start. Unlike the focus group stunned into silence [...]
General election 2019: Most Brits are confused by Labour’s Brexit stance November 5, 2019 Two-thirds of British voters are confused about Labour’s Brexit policy, according to polling data released today in the run up to the December general election. Jeremy Corbyn’s Labour party has ruled out a no-deal Brexit and committed to “get[ting] Brexit sorted within six months”. But the strategy is not working for voters, a Yougov survey [...]
Corbyn takes Brexit policy to Essex as PM demands answers on Labour’s second referendum November 5, 2019 Jeremy Corbyn is heading to one of the most pro-Leave parts of the country as he attempts to take on the Conservatives over Brexit. The Labour leader will today tell voters in Harlow, Essex that he will “get Brexit sorted within six months” through a second referendum with the choice of either remaining in the [...]