Theresa May tells Trump the UK can sign trade deals under her Brexit plan November 27, 2018 Theresa May has hit back at claims from Donald Trump her Brexit agreement prevents a new trade deal between the UK and US. Speaking in the garden of the White House on Monday, the US president cast doubt on the UK’s ability to have an independent trade policy after Brexit under the terms of May's deal. [...]
Sterling dips as Trump and Fallon launch attacks on Theresa May’s Brexit deal November 27, 2018 Sterling suffered another fall today amid increased doubt over whether the Prime Minister’s Brexit bill will pass through parliament. Theresa May announced yesterday that the Commons vote on her deal will take place on Tuesday 11 December. But division among MPs has taken its toll on the markets, which remain wary of a no-deal Brexit. [...]
Europe’s highest court will issue decision ‘quickly’ on whether the UK can reverse Brexit November 27, 2018 Judges at the European Court of Justice (ECJ) are set to decide "quickly" whether or not the UK can reverse Article 50, the mechanism by which it withdrew from the bloc, without permission from other member states. Britain is set to leave the EU on 29 March next year under the terms of Article 50, which [...]
‘Business as usual’ as West End landlord Shaftesbury Group defies retail woes November 27, 2018 West End owner Shaftesbury Group reported higher take-up and rising asset values this morning, defying the retail gloom that has been forecasted for many of Britain’s high street landlords. The Chinatown and Carnaby Street property group posted lower vacancies across its £3bn portfolio, with net income rising by 6.2 per cent to £93.8m in the [...]
Theresa May’s Brexit deal is ‘doomed’, warns former defence secretary Michael Fallon November 27, 2018 Former defence secretary Michael Fallon has said Theresa May's Brexit deal is "doomed" and must be negotiated. Fallon, who resigned last year and wanted to remain in the EU, echoed Labour leader Jeremy Corbyn is calling the deal the "worst of all worlds". He told the BBC that it was "up to his colleagues" to decide [...]
Economist disputes claim that Brexit deal could shrink UK economy November 27, 2018 Research claiming that Theresa May’s Brexit deal could reduce Britain’s economy by up to 5.5 per cent over the next decade compared to staying in the EU has come under fire from a pro-Brexit economist. Researchers at the London School of Economics, King’s College London and the Institute for Fiscal Studies said the withdrawal agreement [...]
A no-deal Brexit might be the best thing for the UK, so argue the contrarians November 27, 2018 The Prime Minister is fighting for her deal. So she should. There is no majority in parliament for a hard Brexit. Nor is the EU likely to grant meaningful concessions at this stage apart from cosmetic tweaking, if that. Labour’s position is to disregard the referendum result by staying in the single market and the [...]
Profit slumps at De La Rue following UK passport loss November 27, 2018 De La Rue today reported a fall in profits in its first results since it lost the contract to print the UK’s passports. The figures The company said its adjusted operating profit fell 36 per cent to £17m in the six months to 29 September when compared to the same period last year. Revenue increased [...]
Theresa May challenges Corbyn to Brexit TV debate on eve of parliament’s vote November 27, 2018 Theresa May has thrown down the gauntlet to her Labour rival over Brexit, challenging Jeremy Corbyn to a televised debate. The Prime Minister claimed the Labour leader hasn’t got a plan for Brexit, despite criticising the deal she is trying to win support for ahead of a crucial parliamentary vote next month. “I am willing [...]
Have faith, the UK can weather the political storm November 27, 2018 Winston Churchill once said that Brits are “the only people who like to be told how bad things are, who like to be told the worst”. In these turbo-charged political times, I would take it one step further and say that Brits not only like to be told the worst, but they often expect the worst. [...]