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Brexit

  • Second referendum plan pulled by MPs as they blame Jeremy Corbyn for a lack of support

    January 24, 2019

    MPs campaigning for another EU referendum have dropped plans to push for a Commons vote on the plan, blaming Jeremy Corbyn’s lack of support. A cross-party group, led by Conservative MP Sarah Wollaston, used a press conference outside Parliament to announce a proposed amendment to Theresa May’s Brexit motion had been abandon. The amendment, which [...]

  • EU chief negotiator Michel Barnier rules out time-limited Irish backstop in radio interview

    January 24, 2019

    Michel Barnier has ruled out putting a time limit on the so-called Irish backstop as part of Britain’s revised withdrawal deal from the EU. The bloc’s chief Brexit negotiator said a time-limited backstop would defeat its purpose as a guarantee against a hard border in Ireland. “We have to maintain the credibility of this reassurance,” [...]

  • Here’s what happened to the UK professional jobs market in 2018 and what to watch out for in 2019

    January 24, 2019

    It is not unusual after the rest and relaxation of Christmas for people to consider their current career path and decide to search for new opportunities. But it’s also important for these prospective jobseekers – and hiring managers – to look back at the previous year, in order to learn about the current state of [...]

  • DEBATE: Following reports of the Dyson relocation, is Singapore the new go-to place for tech?

    January 24, 2019

    Following reports of the Dyson relocation, is Singapore the new go-to place for tech? Elsa Hu, director of Asia at GP Bullhound, says YES. Singapore has long been the headquarters of choice for Southeast Asian tech startups, due to its mature business ecosystem, proximity to two of the world’s booming economies, huge talent pool, and attitude [...]

  • The Franco-German push for EU integration may backfire

    January 24, 2019

    Amid the turmoil of the Brexit process, it is perhaps understandable that British eyes have not been focused much on recent developments within the European Union. After all, nobody is particularly interested in changes in a club when their membership is about to lapse. But just as we are preparing to set the seal on our [...]

  • Davos: Philip Hammond declares Britain ‘great place to do business’ after Brexit

    January 24, 2019

    Chancellor Philip Hammond is to make a pitch for the UK’s post-Brexit business credentials in Davos today, as he announces £100m investment for British innovation. Hammond will tell business leaders gathered at the World Economic Forum: “Britain is a great place to do business. And we are determined, as we leave the EU, to make [...]

  • Airbus chief blasts Brexit ‘disgrace,’ issues dire warning on no-deal scenario

    January 24, 2019

    Airbus chief executive Tom Enders has issued yet another stark warning about the effect a no-deal Brexit would have on the aviation giant’s UK business. In a video message, Enders urged Britain’s politicians not to listen to “the Brexiteers’ madness which asserts that, because we have huge plants here, we will not move and we [...]

  • The Irish border shows it’s time for all sides to bend a little on Brexit

    January 24, 2019

    During the Brexit referendum campaign it was the future of the EU's border with Turkey that got all the attention, not the UK's frontier with Ireland. Yet, as time ticks down to Brexit day on March 29, the Irish border question is dominating debate and holding up the ratification of the withdrawal agreement. Read more: [...]

  • English gin makers toast boom in sales as spirits reach record high

    January 24, 2019

    Surging demand for gin has led to a boom in England’s alcohol industry, which registered more distilleries than Scotland last year for the first time ever. Figures in the alcohol industry are hailing a “ginaissance” with sales of the juniper-flavoured spirit in the UK hitting an all-time high in 2018, as London gin bars and [...]

  • Sterling rises as traders buy into soft Brexit noises

    January 23, 2019

    Traders banked on the likelihood of a ‘no deal’ Brexit diminishing as sterling leapt to a two month high against the dollar on Wednesday The pound peaked at 1.3079 against the US currency as noises from both Westminster and Davos suggested a softer Brexit was likely. In London, Labour leader Jeremy Corbyn held a meeting with [...]

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