UK financial sector optimism falls as bosses brace for economic slowdown September 16, 2019 The majority of top executives at UK financial institutions are less optimistic about the country’s economic outlook than they were a year ago. Almost 60 per cent of organisations said they expected UK economic growth to slow in the next 12 months, roughly twice as many as held that view last year, according to a [...]
Liberal Democrats to vote on policy to revoke Article 50 at annual conference September 14, 2019 The Liberal Democrats’ annual conference begins on Saturday in Bournemouth and leader Jo Swinson will attempt to convince party members to back a new policy to scrap Brexit. Swinson claims the UK is a mess as a result of the 2016 referendum and would seek to revoke Article 50 without a second referendum. Read more: [...]
David Cameron criticises ‘appalling’ behaviour of Boris Johnson and Michael Gove during Brexit campaign September 14, 2019 David Cameron has accused Prime Minister Boris Johnson and Michael Gove of behaving “appallingly” during the 2016 EU referendum campaign. Speaking to the Times ahead of the release of his memoir, Cameron criticised the prominent figures of the Leave campaign and other Tory members for “trashing the government”. “Over the issue of whether or not [...]
Boris Johnson says he ‘won’t be deterred’ from Brexit on 31 October September 13, 2019 Prime Minister Boris Johnson has insisted he “won’t be deterred by anybody” from taking the UK out of the EU on 31 October. Johnson said he was “cautiously optimistic” of securing a deal a Brexit deal, but reiterated his vow that the UK would leave by the Halloween deadline “whatever happens”. Read more: Boris Johnson [...]
Met Police drop investigation into Arron Banks and Nigel Farage’s Leave.EU September 13, 2019 The Brexit campaign backed by British millionaire Arron Banks and Nigel Farage will face no further criminal investigation into the spending return it submitted. Leave.EU was one of the campaigns supporting Brexit during the 2016 EU referendum. While police accepted there were “some technical breaches of electoral law”, they said there was “insufficient evidence to [...]
Boris Johnson to meet European Commission President Jean-Claude Juncker for Brexit talks September 13, 2019 Prime Minister Boris Johnson is set to meet European Commission President Jean-Claude Juncker on Monday to discuss Brexit. It will be the first time the pair have met for face-to-face talks since Johnson became Prime Minister in July. Read more: John Bercow vows ‘creativity’ to stop Johnson dodging Brexit delay Downing Street has confirmed the [...]
Bercow vows ‘creativity’ to stop Johnson dodging Brexit delay September 13, 2019 John Bercow has vowed to use “creativity” to prevent Prime Minister Boris Johnson from ignoring a law designed to prevent a no-deal Brexit. Under a new law passed before the suspension of parliament, Johnson must seek a delay to the 31 October Brexit deadline if he does not secure parliament’s approval for an exit agreement. [...]
DUP denies it would soften position on Irish backstop September 13, 2019 The Democratic Unionist Party (DUP) has denied reports it would accept some EU regulations after Brexit as part of a new deal to replace the backstop. The Times reported that the DUP was prepared to “shift its red lines” by accepting some EU rules and dropping its objections to regulatory checks in the Irish Sea. [...]
M&A activity targeting UK slumps amid no-deal Brexit fears September 12, 2019 Mergers and acquisitions (M&A) activity targeting the UK has fallen almost 40 per cent on the same period last year, with investors slowing down decision making amid ongoing political turmoil. Corporate M&A also tumbled to £15.1bn in the second quarter of 2019, its lowest value since the EU referendum according to data from Mergermarket. Read [...]
Barnier rejects Brexit extension without ‘concrete’ proposals September 12, 2019 A number of leading European figures have said there is “no reason” to extend the Brexit process, with little sign of any change to the UK’s position. The EU’s chief negotiator Michel Barnier held a closed-door meeting with members of the European Parliament today. Ahead of that meeting, Barnier told reporters: “We are still ready [...]