Where’s Boris? Foreign secretary slammed over Heathrow no show June 25, 2018 Boris Johnson should resign over his long-held objections to Heathrow expansion, one of his colleagues has said, while otgers admit they've no idea where he's hiding. The foreign secretary is today expected to be out of the country, avoiding this afternoon's vote on the matter. However it is not clear where, with rumours putting him [...]
Brexit: Government plots rainbow tour of EU27 to talk future relationship before Michel Barnier can ‘whip them into line’ June 25, 2018 Theresa May is planning to go direct to key EU27 member states in a bid to get them onside with the UK’s position on the future relationship, City A.M. understands. While the Brexit white paper had been expected before this week’s European Council meeting, one source said the delay was now being viewed as a [...]
Brexit: Two years on, are we actually any closer to leaving? June 23, 2018 Two years after the EU referendum, and for many little seems to have changed. By and large, voters still hold the same view they did on 23 June 2016 – although a YouGov study published over the weekend shows a slight tipping in favour of Remain, with thousands of people marching in Londondemanding for a [...]
Draft Project Lord Turnbull Report: MPs call on Serious Fraud Office and National Crime Agency to investigate Lloyd’s-Hbos fraud further June 22, 2018 MPs are calling for an investigation into potential criminality regarding the handling by Lloyds Banking Group of a fraud at its Hbos Reading unit more than a decade ago and into the role of auditor KPMG. The All Party Parliamentary Group on Fair Business Banking, which is chaired by Kevin Hollinrake MP, has urged the [...]
Chancellor Philip Hammond uses Mansion House speech to accuse EU of ‘land grab’ of the City June 21, 2018 Chancellor Philip Hammond tonight slammed the European Union for attempting a land-grab of the Square Mile, and promised to stand firm on the UK’s post-Brexit demands for the financial services sector. Hammond used his annual Mansion House address to rubbish the so-called enhanced equivalence regime proposed by Brussels. “These proposals have nothing to do with [...]
Brexiters slam Single Market for goods proposal June 21, 2018 Brexiters have slammed suggestions that Number 10 could be poised to push for a Single Market for goods, claiming it would bind the UK's hands on future trade deals. Reports this morning suggested the idea – put forward by think tanks including Open Europe and the Centre for European Reform – was gaining traction in [...]
EU Withdrawal Bill: Government secures narrow victory after Dominic Grieve backs down – for now June 20, 2018 A last minute addition to the government's Brexit bill secured a narrow victory for Theresa May this afternoon, after arch rebel Dominic Grieve backed down. Just minutes before the debate began, Brexit secretary David Davis published a written ministerial statement allowing the Speaker to have the final say on whether a motion can be amended [...]
Chancellor’s Mansion House speech: City to strike new partnerships with global financial hubs June 20, 2018 The chancellor is to tell the City of his plans to forge relationships with major financial centres around the world as he looks beyond Europe to cement the UK’s position as “the undisputed gateway to global markets”. Philip Hammond will use his Mansion House speech tomorrow night to set out plans for “ground-breaking financial partnerships” [...]
Single Market for goods, not services is only way to solve Brexit headaches, argues CER boss Charles Grant June 20, 2018 The only way to resolve the Irish border problem and prevent disruption of manufacturers' supply chains is for the UK to remain in the Single Market for goods, the head of a leading think tank has claimed. Writing for the Financial Times, Charles Grant of the Centre for European Reform, claimed that "it is a [...]
Three people killed by train near Loughborough Junction June 18, 2018 Three people have been killed after they were hit by a train near to Loughborough Junction in south London this morning. British Transport Police were called to the station, which is near Brixton, shortly after 7:30 "following a report of multiple bodies being found". Police and paramedics from the London Ambulance Service attended the scene, [...]
