Business groups give their verdict on EU rubber-stamped Brexit deal November 25, 2018 After 18 months of wrangling, Theresa May has finally won approval for her withdrawal deal from the EU's 27 leaders. When the Prime Minister announced last week that the withdrawal agreement had been approved by her Cabinet, many businesses welcomed the news, saying it afforded them more clarity after months of uncertainty. Here's what they had [...]
Done deal: EU leaders approve Brexit withdrawal agreement and future relationship November 25, 2018 Months of wrangling between Theresa May and Brussels came to an end on Sunday after all EU 27 leaders approved the Prime Minister’s contentious withdrawal agreement. EU member states agreed to the legally binding document that maps out the terms of the UK’s exit from the bloc. They also approved the declaration on the future [...]
Boris Johnson urges Democratic Unionist Party to continue to support Conservative government November 24, 2018 Boris Johnson has urged the Democratic Unionist Party (DUP), which props up Theresa May’s government, to continue to support the Conservatives. Speaking as a guest at the Northern Irish party’s conference today the former British foreign minister warned that terminating their support could result in a Labour government led by Jeremy Corbyn. “To our allies [...]
European Council president Donald Tusk recommends EU27 pass Theresa May’s Brexit withdrawal agreement tomorrow evening November 24, 2018 European Council president Donald Tusk has recommended that the 27 EU member states approve the Brexit withdrawal agreement at a summit in Brussels tomorrow. He said the objectives of the negotiations – to minimise uncertainty and disruption, settle the status of EU citizens in the UK, avoid a hard border in Ireland, ensure the UK [...]
Chancellor Philip Hammond says Brexit deal better than staying in the European Union ahead of May’s summit with EU leaders November 24, 2018 Chancellor Philip Hammond has said Theresa May's Brexit deal is better than staying in the EU, as the Prime Minister heads to Brussels for a summit with European leaders. Hammond said he disagreed with Democratic Unionist Party (DUP) leader Arlene Foster who said the deal was a worse outcome for Britain than a Jeremy Corbyn [...]
May: UK will not get better offer if MPs vote down draft Brexit withdrawal agreement November 23, 2018 Theresa May has said the European Union will not “give us a better deal” if MPs vote down the draft withdrawal agreement she has negotiated. Asked what happens if MPs reject the agreement, she said “I think we end up back a square one” with “more uncertainty and more division”. “If we were to go [...]
EU offers reassurances to the Square Mile that UK clearing can continue post-Brexit November 23, 2018 The EU has begun work to allow UK clearing to continue in the event of a no-deal Brexit, addressing Square Mile fears that the European market could be cut off in March next year. The European Securities and Market’s Authority (ESMA) confirmed today that it will “adopt a temporary and conditional equivalence decision” to minimise [...]
Parliament will vote down May’s Brexit deal, says Dominic Raab November 23, 2018 Former Brexit secretary Dominic Raab believes parliament will vote down the Prime Minister’s Brexit deal next month. However, MPs could agree stopgap measures to prevent the alternative of the UK crashing out the EU without a deal, he told the BBC’s Today programme this morning. "We will I think inevitably see parliament vote this deal [...]
Fuller’s preparations for Christmas eat into profits, despite revenue receiving a World Cup boost November 23, 2018 Profits at pub chain Fuller's Brewery have fallen as the firm attempted to brace itself for the Christmas period, despite rising revenues after a long summer and England's performance in the World Cup. Its share price fell more than 1.2 per cent as markets opened this morning. The figures Revenue for the six months to [...]
DEBATE: Should Theresa May try to renegotiate her Brexit deal at the EU Summit this weekend? November 23, 2018 Should Theresa May try to renegotiate her Brexit deal at the EU Summit this weekend? Ruth Lea, economic adviser to the Arbuthnot Banking Group, says YES. There is little doubt that the withdrawal agreement, including the egregious backstop and the backstop-based draft future relationship, would leave this country in the worst of all possible worlds if the [...]