Jeremy Hunt misses crucial government Brexit vote by mistake July 18, 2019 Jeremy Hunt has apologised after accidentally not voting with the government on a bill designed to block a no-deal Brexit. The government fell to a resounding defeat today as one minister quit and many other cabinet members abstained during a vote to bring MPs immediately back to parliament if the Commons is suspended before the [...]
No-deal Brexit could cause ‘full-blown’ recession in 2020 July 18, 2019 A no-deal Brexit could plunge Britain into a year-long recession and shrink the economy by two per cent next year, the UK’s public finances watchdog has warned. Britain may already be on the verge of a “full-blown” recession but crashing out of the European Union without a deal would damage growth further, the Office for [...]
Philip Hammond ‘may quit Downing Street’ before new PM takes power if Boris wins July 18, 2019 Philip Hammond may be set to jump before he is pushed out of office by Boris Johnson, it is reported. The chancellor of the Exchequer could order removal vans to 11 Downing Street as early as today, according to the Daily Mail, which reported that Hammond has told friends he is set to quit. Read [...]
Michel Barnier: UK will ‘face consequences’ of no-deal Brexit July 18, 2019 The EU’s chief Brexit negotiator has warned that the UK will have to “face the consequences” if it ends up leaving without a deal. Michel Barnier told the BBC that Theresa May’s deal, which was rejected three times by parliament, was the only way for Britain to exit the EU in “an orderly manner”. Read [...]
Michael Gove now thinks Boris Johnson is a perfect fit for Prime Minister July 16, 2019 Michael Gove appears to have changed his mind about Boris Johnson. Now he thinks the former London mayor would make a “great” Prime Minister. Read more: Sterling hits new two-year low as no-deal Brexit risk climbs Gove, who was accused of stabbing his fellow Brexiter in the back in 2016 to throw his own hat [...]
Ursula von der Leyen says EU is open to another Brexit delay July 16, 2019 Germany’s Ursula von der Leyen addressed the European Parliament today, saying she would be ready to grant a further Brexit delay beyond 31 October. Read more: Sterling sinks to two-year low as no-deal Brexit risk jumps Von der Leyen is set to become the new president of the European Commission, a role currently held by [...]
We the people need to find a way to dispel the Brexit Blues July 16, 2019 The year is 1989. Ronald Reagan on his last day at the White House makes his farewell address. His message is one of the recovery of morale and national pride during his presidency. He puts it down to three words: “we the people”. In so doing, his message is this: “Freedom of speech, freedom of [...]
DEBATE: Is legal action a legitimate response if the government tries to prorogue parliament to pursue no-deal? July 16, 2019 Is legal action a legitimate response if the government tries to prorogue parliament to pursue a no-deal Brexit? Alison McGovern, Labour MP for Wirral South and former shadow city minister, says YES. A no-deal Brexit has massive negative consequences for our constituents. That is why there is a majority in the House of Commons against [...]
Barratt Developments: A cheap income play too good to miss? July 15, 2019 | City Talk There’s lots to like about housebuilders, but all may not be what it seems, writes our head of markets. Until recently, the housebuilders had been directly in the firing line given Brexit uncertainty. This position has changed of late as the sector generally continues to make hay while the sun shines. The backdrop has been [...]
Rudd: I won’t ‘lie down in front of the bulldozers’ of a no-deal Brexit July 14, 2019 Work and pensions secretary Amber Rudd today said her department is preparing for a no-deal Brexit, and could hire more people to deal with a potential recession. Speaking to the BBC’s Andrew Marr, Rudd said that the consequences of leaving the European Union without a deal “will be difficult to handle”. Read more: Bank of [...]