Brexit: Theresa May gathers cabinet ministers to discuss draft agreement November 13, 2018 Theresa May has reportedly scheduled an emergency cabinet meeting for tomorrow morning to discuss a draft Brexit deal. Text governing the UK’s departure from the EU has reportedly been agreed at a technical level between negotiators, after a week in which talks have gone on long into the night. Downing Street summoned Cabinet ministers for [...]
Chewing the cud: Vegan startup Beyond Meat introduces plant-based burger to UK November 13, 2018 US plant-based food company Beyond Meat yesterday moved into the UK, bringing its vegan burgers to British supermarkets and restaurants. The Los Angeles-based business produces the plant-based Beyond Burger, which it says replicates the texture of meat while providing added nutritional benefits. The Beyond Burger went on sale yesterday at 350 Tesco branches across the country. [...]
European Commission offers Brits visa-free travel to EU countries in no-deal Brexit November 13, 2018 European Commission officials today proposed visa-free travel for Brits to the EU even in the event of a no-deal Brexit. The proposal, which would need to be reciprocated by the UK, will calm fears that travel to the EU would be far harder – and potentially costly – after Brexit. Under the Commission's plans, visa requirements [...]
Whatever Brexit deal Theresa May can do is the answer to reduce the pain of divorce November 13, 2018 As the Brexit deadline approaches and negotiations continue amid ever-more intense scrutiny, the actual detail of Theresa May’s talks with the EU becomes less and less important. Leaving the EU has been compared to a divorce. While I am fortunate enough never to have gone through one myself, I have witnessed plenty and it is [...]
Consumer spending falls in October as shoppers continue to abandon the high street November 13, 2018 UK consumer spending dipped in October after having risen for two months, with an e-commerce rebound propping up a two per cent fall in face-to-face sales. Expenditure has fallen in six of 10 months so far this year, adding to a cocktail of concerns for bricks-and-mortar retailers, according to Visa UK Consumer Spending Index data [...]
Business has spoken: The UK cannot afford a no-deal Brexit November 13, 2018 We thoughts that we were heading towards the final furlong – at long last, a Brexit deal – after an interminable period which has seen runners and riders fall and many a twist and turn along the way since the public voted to leave the EU in June 2016. Then the minister Jo Johnson resigned, [...]
The US midterms: Good for Democrats, but better for markets November 13, 2018 American politics is in a febrile state. Deep partisan divisions, heightened by Donald Trump’s controversial rhetoric and policies, have resulted in a historic year for midterm voter turn-out. Last Tuesday, voters on the left and right were spurred on by a conviction that the 2018 midterms were more important than any other in history. Politically, [...]
Brexit deal still possible within 48 hours, says Cabinet Office minister David Lidington November 13, 2018 A Brexit deal may still be achieved within the next 48 hours, according to a government minister. Cabinet Office minister David Lidington told Radio 4’s Today programme that “we are almost within touching distance now” this morning. Lidington said he was “cautiously optimistic” about the prospects of negotiators striking a deal in the next two [...]
Is central bank independence even a thing? November 13, 2018 Parents often find it tough to let go of the control they have on their children’s lives, no matter how old they are. While children usually tend to wriggle out of these constraints, the constant jostling between two often opposing opinions is a worldwide phenomenon. And such is the relationship between the government and the [...]
Theresa May says Brexit deal is near as talks enter endgame November 12, 2018 Theresa May has declared that the Brexit talks are entering the endgame, though she warned that the UK would not accept an agreement “at any cost.” Speaking to a senior City audience at the Lord Mayor’s banquet, the Prime Minister described the negotiations as “immensely difficult” but insisted she would not shy away from tough [...]