Hammond: Prime Minister’s Brexit deal minimises economic costs November 28, 2018 Chancellor Philip Hammond defended the Prime Minister’s Brexit deal this morning, claiming it comes at a very small economic cost. Hammond also warned that a no-deal Brexit would be far more expensive than the withdrawal agreement negotiated by Theresa May. May’s deal faces a crucial vote in parliament on 11 December, and Hammond warned the [...]
Strong leadership is the key to future prosperity November 28, 2018 Time for a story that has nothing to do with Brexit. The 2018 Legatum Prosperity Index is out today, and the trends are positive: global prosperity – a metric that takes into account not just GDP, but also factors such as wellbeing, health, and security – is at its highest since the think tank launched [...]
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. [...]
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 [...]
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. [...]
It’s no crystal ball, but polling is essential for democracy November 27, 2018 At the time of writing, the political landscape in the UK seems as uncertain and changeable as the weather. It all hinges on Theresa May’s Brexit plan, which, if not accepted by parliament, increases the likelihood of the UK barrelling towards a new referendum, or even a General Election. And that means election polling. Election [...]
May needs the stars to align if her Brexit deal is to pass the Commons November 26, 2018 Fourteen days from now, Parliament will vote on the government's Brexit deal. The vote will be preceded by four days of formal debate but by the time MPs pass through the division lobbies of the House of Commons, they will have been arguing over this issue for two and a half years. Many have argued [...]
Donald Trump dumps on Theresa May’s Brexit deal November 26, 2018 Donald Trump gave Theresa May a Brexit headache on Monday evening, describing the agreement reached between London and Brussels as "great for the EU." The US President also warned the government's proposed deal with the EU could prevent a future trade deal between the UK and US. Trump's comments came as the Prime Minister was [...]