Boris Johnson: Don’t bank on Brexit breakthrough in New York September 23, 2019 Prime Minister Boris Johnson played down hopes of a breakthrough in Brexit negotiations as he jetted off to New York this morning. Johnson, who is set to speak to the German and Irish leaders when in the US, cautioned reporters that the trip may not be “the moment.” Read more: Sadiq Khan fires warning shot [...]
Britain’s Goldilocks moment has arrived in the nick of time September 23, 2019 Not too hot, and not too cold. It’s time for the three bears to move over and take the porridge with them, because the temperature of the UK economy points to a Goldilocks moment arriving just in the nick of time. A low-inflation fairy tale has come to the aid of a nation grappling with [...]
Brexit negotiations ‘moving forward with momentum’, says Barclay September 21, 2019 Brexit Secretary Stephen Barclay insists the UK and EU are “moving forward with momentum” toward a Brexit deal after meeting chief negotiator Michel Barnier in Brussels on Friday. Barclay said the two sides shared a “common purpose” in trying to reach a new agreement and that he had held “serious, detailed discussion” with his counterpart. [...]
EU keen to secure Brexit deal, says Stephen Barclay after ‘detailed’ talks September 20, 2019 The EU and the UK have a “shared desire” to clinch an exit deal before 31 October, Brexit secretary Stephen Barclay said today, though Ireland sounded a negative note on today’s talks. Saying that “no-one” wants a no-deal Brexit, Barclay added that the two sides have held “serious detailed discussions” in a bid to reach [...]
Ministers draw up shortlist for £300m post-Brexit ferry contract September 20, 2019 Brittany Ferries, P&O, Stena and Eurotunnel have been shortlisted for a £300m contract to ensure Britain does not run out of medicines and crucial food after Brexit. The government said looking for transport companies that can beef up the UK’s freight capacity ahead of a potential no-deal Brexit. Read more: New £300m no-deal Brexit freight [...]
Pound falls back below $1.25 after earlier rising on Juncker’s Brexit comments September 20, 2019 The sterling has fallen back below the $1.25 barrier despite rising earlier today on hopes of a breakthrough in Brexit negotiations. The pound has fallen by 0.34 per cent to 1.248 on the back of a strong dollar, which in turn weakens the pound. The fall has undone some of the pound’s gains from yesterday [...]
Brexit: UK submits ‘non-papers’ to EU September 19, 2019 The UK has submitted “non-papers” to the EU as part of renewed efforts to break the deadlock over Brexit. Pressure has been growing for Downing Street to put forward written proposals of alternatives to the Irish backstop, while the government has been holding out until the last minute for fear any suggestion would be “trashed” [...]
British businesses insert Brexit contingencies in supply contracts to prepare for no-deal September 18, 2019 Two thirds of British businesses that import from European suppliers have penned Brexit clauses which would let them renegotiate if tariffs are introduced after the UK leaves the EU. British firms are set to bear the cost of any tariffs when they buy components from inside the EU when the UK leaves. This could be [...]
DEBATE: Will David Cameron be remembered for anything other than Brexit? September 18, 2019 Will David Cameron ever be remembered for anything other than the EU referendum? YES, says Ben Kelly, a commentator for Reaction. In a few decades, after the Brexit mania has passed, we will reflect on this era with a different perspective. David Cameron will of course be a key player in the books, TV shows [...]
Worried about Brexit’s impact on your business? September 18, 2019 London is one of the world’s business capitals – a world-class financial hub, home to leading businesses across finance, professional services, law, technology, and creativity. While Brexit will not change these fundamentals, we know that it will cause new challenges that firms need to address to continue to be successful. Big firms will weather the [...]