No-deal Brexit would have ‘significant impact’ on UK and EU economies, warns Allianz GI chief October 8, 2019 The UK leaving the European Union without a deal would have a “significant impact” on the economies of both, said head of Allianz Global Investors (AGI) Andreas Utermann. Utermann said a hard Brexit is possible “because the players involved in the discussion seem to be – at least in terms of how they are talking [...]
Heidi Allen: Legal attempt to force Brexit extension is ‘watertight’ – despite Johnson’s plans to ‘scupper’ it October 8, 2019 Boris Johnson’s plan to get around a law which delays Brexit past 31 October is going to fail, according to the latest MP to join the Lib Dems, Heidi Allen. Allen, a former Tory MP who announced she had joined the Lib Dems last night, said the Benn act was legally watertight. Read more: Ex-Tory [...]
UK property investors fear Brexit will push away foreign buyers October 7, 2019 The majority of UK property investors are concerned Brexit will deter overseas buyers from snapping up real estate in Britain, a new survey has revealed. Read more: Housing market uncertainty persists as property transactions remain flat More than half of investors said they were concerned about a decline in transactions from foreign buyers, which in [...]
Like a brick: SIG shares drop as profit warning sends ripples through construction industry October 7, 2019 Building materials firm SIG shares tumbled 15 per cent this morning as it warned profits would be “significantly lower” than last year, amid languishing construction markets in the UK and Germany. SIG’s warning set alarm bells ringing across the industry as it said a “deterioration in trading conditions” had worsened in recent weeks. Read more: [...]
Brexit: Macron says EU could decide on Boris Johnson’s ‘final’ offer by end of this week October 7, 2019 French President Emmanuel Macron has said the EU could make a decision on Prime Minister Boris Johnson’s Brexit proposals by the end of the week. Discussions between the two leaders yesterday saw Macron urge Johnson to engage in further discussions with the EU “swiftly” in order for the bloc to decide on the PM’s proposals [...]
Now most Leavers say a Halloween Brexit won’t happen October 5, 2019 Only 35 per cent of Leave voters think Brexit will happen on 31 October according to a YouGov poll. The UK is due to leave the EU at the end of this month, but the number of Leave voters that think this will happen has fallen by 25 per cent, from 60 per cent, since [...]
Brexit talks postponed in blow to Boris Johnson’s proposals October 5, 2019 Brexit talks between the UK and European Union will be postponed until next week with the European Commission claiming the new proposals “do not provide a basis for concluding an agreement”. The EU Commission’s spokeswoman Natasha Bertraud said talks on replacing the Irish backstop would not take place this weekend as anticipated, but added that [...]
Brexit ‘is not Mission Impossible’, says Ireland minister October 4, 2019 Brexit is not “mission impossible” and a deal between the UK and EU can be made, according to Irish foreign minister Simon Coveney. Coveney had earlier said Prime Minister Boris Johnson’s “final offer” on Brexit had fallen short of the Irish backstop. Read more: Economists predict how much the pound will spike if UK agrees [...]
What do people want? Policies conceived by Dominic Cummings October 3, 2019 One of the criticisms frequently levelled at Number 10’s de facto chief of staff Dominic Cummings is that he has no ideology or long-term vision. Once Brexit is done, it is argued, he will disappear in a puff of smoke and leave Britain to stew in whatever mess he leaves behind. Beyond leaving the EU, [...]
Boris Johnson conference speech 2019 live: PM rules out checks at border October 2, 2019 This is a rolling news story, so please refresh to get the most recent updates 2.10pm: Bookies cut odds on no-deal Brexit Meanwhile, Johnson’s insistence that the only alternative to a Brexit deal is a no-deal Brexit meant bookies shortened the odds on that outcome. Ladbrokes put odds at 5/2 in favour of a no-deal [...]