City of London Corporation warns against second Brexit vote January 10, 2019 City of London Corporation councillors have voted overwhelmingly against supporting a second referendum on Brexit, as the House of Commons wrangles over how to proceed in the likely event it votes against the Prime Minister’s deal next week. The court of common council, the Square Mile's historic legislative body, today debated a motion by councillor [...]
Insurer Axa to shift jobs to Dublin in Brexit move January 10, 2019 Insurer Axa is moving staff to Ireland in the light of the UK’s impending exit from the EU. Chief executive of the French insurer Thomas Buberl told reporters today that Axa’s recently acquired XL unit had already made plans to move staff to Ireland from the UK before its takeover by Axa last year. Buberl [...]
Japanese PM Shinzo Abe says the ‘whole world’ wants to avoid a ‘no deal’ Brexit January 10, 2019 The “whole world” wants to see a ‘no deal’ Brexit avoided, according the Japanese Prime Minister Shinzo Abe. Flanking Theresa May at a press conference in Downing Street on Thursday evening, Abe dialled up the pressure on MPs planning to vote down the Brexit agreement. Around 1,000 companies in the UK are funded with Japanese [...]
Theresa May’s Brexit deal threatens the UK’s national security, warns former spy chief January 10, 2019 Theresa May’s Brexit deal will “threaten the national security of this country in fundamental ways”, the former head of MI6 and ex-Chief of Defence Staff have warned in a letter to grassroots Tories. Sir Richard Dearlove and Lord Guthrie claims the withdrawal agreement will put aspects of UK security “in foreign hands” in a devastating letter [...]
Tesco works on stockpiling arrangements in Brexit contingency plans January 10, 2019 Tesco is making arrangements to stockpile goods as part of the supermarket’s Brexit contingency planning, the UK's biggest supermarket confirmed today. The UK’s biggest retailer is working with suppliers to devise plans to hold stock closer to the market, and said that sensible contingency plans are in place. Read more: Tesco sees like-for-like sales boost in [...]
Jeremy Corbyn: Labour would consider delaying Brexit if it was in power January 10, 2019 Jeremy Corbyn today suggested a Labour government would look to delay Brexit to allow time for further negotiations with Brussels. Speaking in Wakefield, the Labour leader said if his party were in power before March 29 – when the UK is set to leave the EU – there would need to be time to reopen [...]
Outflows from UK funds hit highest level since the EU referendum January 10, 2019 Outflows from UK funds in November hit the highest level since the EU referendum. Net retail sales were negative, with outflows totalling £2.1bn – the most since the 2016 Brexit vote – as investor caution increased due to international trade tensions, Brexit and market volatility, according to the latest figures from the Investment Association. Fixed income [...]
People’s Vote campaigners are playing dirty with the facts January 10, 2019 As Monday's Channel 4 drama Brexit: The Uncivil War reminded us, the Remain campaign likes to take comfort in the fact that it tried to win us over with facts and figures, never stooping to the kind of outright lies about the economic benefits of leaving the EU or the threats of immigration indulged in by members [...]
DEBATE: Is HSBC’s ‘we are not an island’ advert an effective strategy? January 10, 2019 Is HSBC’s ‘we are not an island’ advert an effective strategy? Brendon Craigie, co-founder and managing partner at Tyto PR, says YES. HSBC has denied that its adverts are explicitly Brexit-related, but it doesn’t take a genius to figure out the campaign’s underlying message. Given the social media response, this denial is probably intended to highlight that, [...]
The Japanese Prime Minister’s visit is a chance to celebrate our friendship with like-minded nations January 10, 2019 I sometimes find that foreign leaders are more aware of Britain’s national strengths than we are at home. So let me itemise a few of them. The UK has the fifth biggest economy in the world, the third biggest overseas aid budget, the second largest military budget in Nato, and a world-class diplomatic network, including [...]