Jeremy Hunt reveals no-deal Brexit measures July 1, 2019 Jeremy Hunt will today pledge to ringfence £6bn to protect the UK’s fishing and farming industries from potential border delays and disruption in a no-deal Brexit. As Prime Minister, Hunt would also slash taxes to prepare for a sudden departure from the EU. Read more: UK prepares for no-deal Brexit with new freight plans The [...]
UK readies for no-deal Brexit with fresh freight plans June 29, 2019 The government is asking transport firms to make an offer to provide extra freight capacity that would be used in the event of a no-deal Brexit at the end of October. More than £85m was wasted in the lead up to the initial date the UK was due to leave the EU following a rushed [...]
Tory leadership contest: Boris Johnson plans emergency budget for no-deal Brexit June 28, 2019 Boris Johnson is set to outline an emergency budget featuring heavy tax cuts in the event of a no-deal Brexit, it is reported. Read more: Jeremy Hunt accuses Boris Johnson of getting Brexit facts wrong The Tory frontrunner and favourite to be Britain’s next Prime Minister has committed to leaving the EU with or without [...]
Hunt: Boris Johnson’s no-deal Brexit will put Corbyn in Downing Street June 26, 2019 Boris Johnson’s “do or die” Brexit pledge risks installing Jeremy Corbyn in Downing Street, Conservative leadership Jeremy Hunt has warned. The foreign secretary hit back at his rival in the race to be Prime Minister after Johnson made it clear he would take the UK out of the EU with or without a deal on [...]
No-deal Brexit fears have increased, Bank of England governor Mark Carney warns June 26, 2019 Market expectations of a no-deal Brexit have increased over the last few months, Bank of England (BoE) governor Mark Carney warned today. The uncertainty surrounding the UK’s future relationship with the European Union is having a greater impact on businesses than before the original Brexit deadline date of 29 March. Read more: 150,000 firms not [...]
UK banks restart no-deal Brexit planning June 26, 2019 UK banks are beginning to restart preparations for a no-deal Brexit, according to auditor EY. British financial institutions had paused their Brexit strategies over the past three months after the UK’s original 29 March departure date was extended until Halloween. Read more: Boris challenges Jeremy Hunt to commit to 31 October Brexit But banks have [...]
Boris Johnson defends Halloween no-deal Brexit pledge June 25, 2019 Tory leadership candidate Boris Johnson has doubled down on his threat to leave the EU in a no-deal Brexit by Halloween. Johnson said today he did “not believe for a moment” the UK would leave the EU without a deal. Read more: Boris Johnson tax cuts plan could cost UK £20bn a year But the [...]
Brexit three years on: markets and the economy in six charts June 24, 2019 | City Talk On 23 June 2016, the UK public voted on whether or not to stay in the European Union (EU). Many expected the UK to remain in the EU, but by a majority of 52% to 48% the Leave campaign won. The UK was scheduled to leave the EU at 23:00 UK time on 29 March [...]
‘A dozen’ Tory MPs could back no confidence vote for no-deal Brexit June 24, 2019 A group of Conservative MPs could put their weight behind a vote of no confidence to block a no-deal Brexit, a junior defence minister warned today. Tobias Ellwood told the BBC that “a dozen or so” Tory MPs would use the measure, which could topple the government and trigger an election, if the UK left [...]
Brexit: Irish backstop alternative could work ‘within three years’ June 24, 2019 A “practical” solution to the Brexit deadlock over the so-called Irish backstop could be in place within three years, according to a cross-party group of MPs. A resolution could enable the UK and EU to scrap the controversial backstop, which led parliament to reject Prime Minister Theresa May’s Brexit deal three times. Read more: 150,000 [...]