How important is the EU to UK trade? June 26, 2015 The European Union is larger than any individual economy in the world, surpassing the USA, China and other Bric economies. Yet, the growth of non-EU economies has outpaced the growth of EU economies, largely driven by the growth of these Bric economies, meaning the EU’s share of global GDP has fallen from 30 per cent [...]
Italy and Greece are sending 40,000 migrants to other EU countries, but the UK has opted out June 26, 2015 EU leaders have agreed to send 40,000 migrants from Italy and Greece to other member states over the next two years, but the UK has opted out of taking them. Read more: London attracted a third of the UK’s half-a-million new migrants The number due to be sent to each country has not yet [...]
Prime Minister David Cameron is “delighted” with the way EU renegotiations are going so far June 26, 2015 Prime Minister David Cameron is said to be “delighted” with the way EU renegotiation talks are going, following a two-day summit for all member states in Brussels. Read more: EU referendum greater risk to London's property market than General Election Having made a 10-minute pitch to fellow EU leaders, he said the process of [...]
Tough crowd for Cameron at EU summit June 25, 2015 Prime Minister David Cameron faced a difficult audience in Brussels late last night amid tense discussions about a looming Greek default and the escalating migrant crisis in the Mediterranean. Cameron was due to make his case for EU reform over dinner at the European Council, a two-day summit of heads of government from all 28 EU [...]
Brexit: Union RMT to campaign for a Brexit from “pro-austerity, anti-worker EU” June 25, 2015 The transport union RMT will campaign for a Brexit from “pro-austerity, anti-worker” European Union (EU) after a vote at its AGM. Read more: Treaty change may not come before EU membership referendum David Cameron admits The group has long been opposed to the UK’s membership of the EU, and says the vote merely reaffirms its [...]
Brexit: Treaty change may not come before EU membership referendum David Cameron admits June 25, 2015 David Cameron has said it may not be possible to achieve EU treaty change before the EU membership referendum. Read more: Cameron faces a hard sell at the European Council Instead, the Prime Minister is arguing the UK should accept “irreversible lock” and “legally binding” guarantees as to future treaty changes. This is a marked [...]
Queen warns over “divided” Europe as Gauck commits to “constructive dialogue” over EU reform June 25, 2015 The Queen has warned that “division in Europe is dangerous”, prompting suggestions that she was warning about a possible Brexit. The comments came as a speech during the UK monarch's four-day state visit to Germany, made in front of German Chancellor Angela Merkel and Prime Minister David Cameron. The Queen, who must remain [...]
French minister Emmanuel Macron warns David Cameron over EU treaty change June 24, 2015 Ahead of a trip to discuss his key priorities for renegotiation with fellow leaders, David Cameron has received yet another warning, this time from the French economy minister Emmanuel Macron, who told him he cannot create an “à la carte” European Union. "I don't understand how it's possible to say 'we, the UK, want to [...]
Twelve reasons why the campaign for Brexit is quickly gaining momentum June 23, 2015 It was not long after the Conservative general election victory that the campaign for the UK to stay in the European Union was launched – no matter how disappointing the results of David Cameron’s renegotiation might be. Even before the Referendum Bill was published and the wording of the question set, the creation of [...]
Standard & Poor’s: Brexit could “significantly dent” UK financial services and insurance sectors June 23, 2015 Any departure from the European Union could do significant harm to the UK's insurance and financial services sectors, ratings agency Standard & Poor's has suggested. Read more: Eurosceptic report sets the stage for Brexit In a report published today, the organisation pointed out that between them, the two sectors account for 30 per cent of [...]