Three-quarters of trade could collapse in no-deal Brexit, report warns January 22, 2019 Around three quarters of trade between Dover and Calais could grind to a halt if the UK leaves the EU without a deal, a leaked report has warned. A UK Border Force report leaked to Sky News estimates that between 75 per cent and 87 per cent of cross-Channel freight trade could collapse for up to [...]
Theresa May feels the heat as MPs table plans to alter Brexit process January 22, 2019 Former attorney general and Tory rebel Dominic Grieve has tabled his motion to allow MPs time to debate various Brexit options in the run-up to the UK's exit from the EU. Grieve was originally planning to table a motion that would have allowed 300 MPs from the five parties to be debated and voted on by [...]
Think you know how Britain feels about Brexit? Think again January 22, 2019 Having seen her Brexit proposals rejected in the largest defeat for a sitting government in British parliamentary history, the Prime Minister returned to the House of Commons on Monday with a plan B that looks startling like plan A. Yes, there have been some tweaks around the edges, such as scrapping the fee for EU [...]
Chasing global uncertainties with an active toddler is not easy January 22, 2019 You know you are a “Brexhausted” mother when you spend your day (and sometimes nights) chasing Brexit madness and the rest of the time chasing a super-active toddler. At least my toddler is starting to understand when I say “I think we are done for today, it’s time to go to bed”. While that’s been [...]
Chief executives expect to ramp up hiring in 2019 January 22, 2019 A majority of UK chief executives expect to boost headcount in 2019, a new survey has shown. Sixty one per cent of UK business leaders expect to increase headcount in 2019, up from 54 per cent last year and greater than the worldwide average of 53 per cent. UK chief executives are also optimistic about [...]
Theresa May waives £65 registration fee for EU citizens living in the UK January 21, 2019 EU citizens will no longer be hit by a £65 charge to register to stay in the UK after Brexit, Theresa May has announced in a bid to win support from MPs. Speaking in the Commons, the Prime Minister announced the fee will be waived after lobbying by parliamentarians from across the Commons during talks [...]
Airline stocks enjoy share price bump following positive forecast for 2019 January 21, 2019 Several airline stocks have enjoyed share price bumps today following a positive note on European airlines by Davy Research. Air France-KLM, Norwegian and Thomas Cook were among the airlines that enjoyed spikes in their share price, with the Franco-Dutch carrier enjoying a near 5 per cent rise. Norwegian's share price increased by 3.52 per cent [...]
Poland breaks ranks with EU to propose five-year time limit on Brexit backstop January 21, 2019 The EU’s chief negotiator today insisted the Brexit deal negotiated with Theresa May is set in stone, as Poland broke ranks to suggest a key change to the agreement. Michel Barnier told Irish broadcaster RTE that “the withdrawal agreement with all its dimensions, including the backstop, is the best deal possible” this afternoon. Read more: [...]
Leavers begin to sense it could be May’s Brexit or no Brexit at all January 21, 2019 The pre-decimal penny seems to have finally dropped for arch-Brexiteer and 'member for the 19th century' Jacob Rees-Mogg, who declared over the weekend that “Mrs May's deal would be better than not leaving at all.” While he insisted that he would still prefer a no-deal exit to the withdrawal deal negotiated by the Prime Minister, [...]
UK households downbeat over finances despite slowing growth in living costs January 21, 2019 Living costs have risen at the slowest rate in three years this month, however UK households remained downbeat due to concerns over job security, lower cash availability and pessimism over the UK housing market. The Household Finance Index, which measures household's perceptions of financial wellbeing, increased in January to a three-month high of 44.8 but [...]