Bank of England adds Brexit critic to rate setting committee May 13, 2022 The Bank of England (BoE) has appointed a strong critic of Brexit to its key rate setting monetary policy committee.
D-Day for Brexit deal as UK and EU hold crunch talks after Boris Johnson calls Northern Ireland discussion ‘crazy’ May 12, 2022 As ministers consider whether to override parts of the post-Brexit deal on Northern Ireland, Foreign Secretary Liz Truss will hold crunch talks with the vice president of the European Commission in the coming hours. Attorney General Suella Braverman is said to have approved the scrapping of swathes of the agreement, giving Boris Johnson legal cover [...]
Britain warned threats from UK govt to blow up Brexit protocol ‘have gone down really badly’ with EU May 11, 2022 The Irish Foreign Affairs Minister, Simon Coveney, said this afternoon that threats from the UK Government to override elements of the Northern Ireland Protocol “have gone down really badly” with the EU. Speaking during a visit to Belfast, where he is meeting political leaders, Coveney said: “We don’t believe that the way forward in terms [...]
Biden urges Johnson to show ‘courage, co-operation and leadership’ over plan to ‘give up’ on N. Ireland Protocol May 11, 2022 US President Joe Biden has waded into the row over Britain ‘giving up’ on talks on the Northern Ireland Protocol, calling for leadership and negotiations. Earlier this week it was reported that the British government will move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. [...]
Irritated EU watches in disbelief as UK’s Brexit language hardens with Truss calling Brussels ideas ‘backwards’ May 11, 2022 Foreign Secretary Lizz Truss said some proposals put forward by the European Union during months of discussions on the post-Brexit treaty would “take us backwards” as she argued against introducing “more checks, paperwork and disruption”. Truss warned the UK “will not shy away” from taking action on the Northern Ireland Protocol after the Prime Minister [...]
UK has ‘given up’ on Brexit talks and plans to kill off Northern Ireland Protocol next week as trade war with EU looms May 11, 2022 The government will reportedly move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. The Times newspaper reported officials working for Foreign Secretary Liz Truss have drawn up draft legislation to unilaterally remove the need for checks on all goods being sent from Britain for use [...]
Ireland issues firm warning to UK to ‘be wise’ as anxious EU fears Britain plans to blow up Brexit protocol next week May 10, 2022 The Irish deputy premier has warned the UK Government against taking unilateral action on the Northern Ireland Protocol. “We can’t have any unilateral action from the UK. This is an international agreement, they have to honour their obligations. I was in the Wirral with Boris Johnson. I know what he agreed to,” Tanaiste Leo Varadkar [...]
US-UK trade deal ‘never going to happen’, warns former Bank of England bigwig as he says high inflation is down to Brexit May 10, 2022 Most of the UK’s inflation is a direct result of Brexit, according to a former heavyweight at the Bank of England. Former BoE policymaker Adam Posen, said that around 80 per cent of the reason why the IMF expects UK’s inflation to remain high is directly linked to Britain’s departure from the EU. The economist, [...]
EU membership vs lost trade: Forget extra NHS cash, Brexit costs Britain £173m every week, or £1m per hour May 9, 2022 Remember the Brexit bus promise: ‘We send the EU £350 million a week. Let’s fund our NHS instead. Vote leave’? The truth increasingly seems that quitting the European Union means there is £173m a week less to spend on the NHS, according to calculations based on recent ONS and UK Government data. Weighing up the [...]
Sadiq Khan: London must make ’the most of Brexit’ and attract US talent and investment May 9, 2022 SADIQ Khan said London “needed to make the most of Brexit” as he met with big business leaders in the US yesterday. The Mayor of London is in New York as part of the first leg of his trip to the US in a bid to drive tourism to the capital. He said yesterday his [...]