The City is braced for a hard Brexit – why aren’t MPs? December 11, 2018 Had things worked out differently we could have woken up this morning to news that MPs voted last night in favour of Theresa May's withdrawal agreement. The transition period was secured, talks would move on to the future trade deal and businesses would breath a mighty sigh of relief. Instead, we rise to find another [...]
Businesses should entertain chance of ‘accidental’ no-deal Brexit, warns City of London Corporation December 11, 2018 Businesses need to entertain the possibility of a no-deal Brexit as it could "happen by accident", the City of London Corporation warned today. Policy head Catherine McGuinness yesterday told German businesses, which had gathered for a Brexit event organised by the London Chamber of Commerce, that although she was hopeful the UK would not leave [...]
The future of corporate training lies in virtual reality December 11, 2018 Virtual training is being hailed as the “new Powerpoint” for corporates when it comes to training up staff. And as virtual reality (VR) continues to rise in popularity across the social community, it is no surprise that organisations are looking to embrace this immersive technology as a replacement for existing, more traditional methods. No more [...]
Chancellor Philip Hammond rules out relaxing regulations to boost finance after Brexit December 11, 2018 London will remain a global financial centre after Brexit, Chancellor Philip Hammond said today as he ruled out relaxing financial regulation. Hammond said Britain will have a safe, transparent and predictable regulation regime, which will be agile enough to cope with changes in business models, Reuters reported. “I reject the idea that laxer regulation makes a [...]
Emergency Brexit debate: Corbyn tells MPs he will table no confidence vote ‘at appropriate time’ December 11, 2018 Jeremy Corbyn has told MPs he will table a vote of no confidence “at the appropriate time”, as Prime Minister Theresa May meets European leaders today to discuss amendments to the Brexit transition deal. Speaking this afternoon in an emergency debate on the PM's decision yesterday to postpone the so-called meaningful vote on the deal, the [...]
Government’s analysis of Brexit no help to MPs, Treasury committee finds December 11, 2018 The government’s own analysis of Brexit is effectively meaningless as it doesn’t scrutinise the implications of the backstop or the most likely trade deal outcomes, according to MPs. The Treasury Select Committee claim analysis of the withdrawal agreement and political declaration secured by Theresa May last month should not be used by MPs to help [...]
Parliament will get a vote on May’s Brexit deal by 21 January December 11, 2018 The Prime Minister will hold parliament’s delayed vote on her Brexit deal by 21 January, Downing Street confirmed today, according to media reports. Theresa May yesterday postponed MPs’ so-called “meaningful vote” on her draft withdrawal agreement, which was scheduled for today, without offering a new date. But Downing Street said she will stick to the [...]
‘No room for renegotiation’: EU slaps down UK hopes for a new Brexit deal as May attempts to woo European leaders December 11, 2018 The EU will not renegotiate Theresa May’s Brexit deal after the Prime Minister was forced into a humiliating parliamentary climbdown yesterday, Jean-Claude Juncker said this morning. The European Commission president said: “I remain convinced that the Brexit deal we have is the best – and only – deal possible. There is no room for renegotiation, but further [...]
May’s Brexit failure has hit the economy December 11, 2018 Tear your eyes away from Westminster for a moment, and consider Morgan McKinley’s London Employment Monitor. Today’s report is not good. Available financial services jobs in the capital in November were down four per cent month-on-month, and 39 per cent on the previous year. Job-seeker numbers are also down. This is particularly worrying as yesterday’s [...]
DEBATE: Does Britain now have a Prime Minister who is in office without being in power? December 11, 2018 Does Britain now have a Prime Minister who is in office without being in power? Olivia Utley, deputy editor at TheArticle, says YES. When Theresa May became Prime Minister, she promised to be all things to all people. To Remainers, the pragmatist who would keep Brexit damage to a minimum; to Leavers, the leader who would [...]