Poll: Three-quarters of MPs think Theresa May made a bad job of Brexit negotiations January 9, 2019 Nearly three-quarters of MPs feel that Theresa May has done a bad job of handling Brexit negotiations, according to a new poll. The annual poll of MPs – conducted by Ipsos Mori on behalf of The UK in a Changing Europe think tank and the Mile End Institute at the Queen Mary University of London [...]
Government analysis ‘sheds no more light’ on Brexit, says Treasury committee January 9, 2019 Treasury Select Committee chair Nicky Morgan has castigated the government over its Brexit outcome analyses, claiming it has shown the “most optimistic” model without addressing other factors including the short-term impact of leaving the EU. Morgan, who was among the rebel Tories that pushed the government into a historic defeat over no-deal powers yesterday, said [...]
Government dismisses hopes of a new Brexit deal as ‘fantasy’ January 9, 2019 The government dismissed MPs hopes an alternative Brexit deal as “magical” delusions this morning ahead of parliament’s crucial vote on the Prime Minister’s withdrawal agreement. Cabinet Office minister David Lidington told BBC Radio 4’s Today programme that there is no hope of negotiating a fresh deal with the EU if MPs vote down Theresa May’s [...]
London raked £1.8bn in tech funding last year, almost double its next closest rival January 9, 2019 London has retained its spot at the top of the tech charts for another year, securing almost double the amount of investment in 2018 than its next closest European competitor. Tech firms in the capital raised £1.8bn in venture funding and public listings in 2018, raking in 72 per cent of the UK’s £2.5bn total [...]
Salary inflation hits 53-month high in London as shortage of EU candidates bites January 9, 2019 Salary inflation is at a 53 month high in London because of a shortage of EU candidates due to Brexit and an uncertain economic background leading to reluctance among workers to switch jobs. According to a survey published today by audit firm KPMG and the Recruitment & Employment Confederation (REC) and compiled by IHS Markit, [...]
Theresa May defeated on ‘no deal’ vote as 20 Tories rebel January 8, 2019 MPs opposed to a ‘no deal’ Brexit drew first blood last night ahead of a momentous week for the government's EU withdrawal plans. Some 20 Tory MPs voted with Labour to restrict the chancellor's ability to cut or raise taxes in a ‘no deal’ scenario without the consent of Parliament. The move could severely tie [...]
EU happy to give assurances over the backstop, Irish PM Leo Varadkar claims in boost to Theresa May January 8, 2019 The EU is prepared to give fresh guarantees it does want to trap the UK in a backstop arrangement after Brexit, Ireland’s Prime Minister has said. Speaking in Mali, Leo Varadkar made it clear European leaders would be willing to give assurances which could help Theresa May win a parliamentary vote on her deal next [...]
HSBC slammed over controversial ‘anti-Brexit’ ad campaign January 8, 2019 HSBC is facing criticism over an advertising campaign stating the UK is “not an island” amid complaints it is anti-Brexit. The bank’s new campaign, launched last week, highlights the influence of other cultures on life in the UK. The posters and accompanying video celebrate Britons’ penchant for foreign imports, such as Columbian coffee, American films [...]
Pantheon opens Dublin office as part of Brexit planning January 8, 2019 Investment firm Pantheon has opened a Dublin office in order to continue doing business within the EU after Brexit. The private equity, infrastructure, real assets and debt investor, which has $42.3bn assets under management, is authorised as an EU Alternative Investment Fund Manager in Ireland, and the five-strong team will be lead by chief executive [...]
UK not looking to delay Article 50, says Brexit secretary Stephen Barclay January 8, 2019 The UK is not looking to extend Article 50, Brexit secretary Stephen Barclay has said, rebuffing reports that officials were seeking to move the 29 March deadline date. The Telegraph reported that British and European officials are discussing the possibility of extending Britain’s formal notice to withdraw from the EU. “The government’s policy is clear [...]