Theresa May says she’s had positive talks with banks over Brexit January 19, 2017 Prime Minister Theresa May has claimed positive talks with some of the world's top bankers in Davos, despite news that lenders are preparing to shift jobs from London. UBS, Goldman Sachs and HSBC have all suggested that roles in the capital could be under threat in the aftermath of Brexit. However, speaking to the BBC today, [...]
Former MP Zac Goldsmith is still fighting the expansion of Heathrow January 19, 2017 Former MP Zac Goldsmith isn’t going to let his eviction from the House of Commons keep him out of the fight against Heathrow. Brexiteer Goldsmith gambled his seat in parliament on his constituents opposing a new runway at the West London airport, only for Richmond Park voters to back the Remainer Sarah Olney, who also opposed expansion. But now, Goldsmith [...]
Philip Hammond warns Europe the UK will “find ways” to compete without a trade deal January 19, 2017 Chancellor Philip Hammond reiterated his warnings that the UK will “find ways” to compete if it is unable to secure a “comprehensive trading relationship” after Brexit. Hammond stressed that while the UK did not want to cut taxes to remain competitive, the decision was "not entirely in our gift". “We have to remain competitive. The best way [...]
Theresa May is expected to launch a consultation on her flagship industrial strategy next week January 18, 2017 Prime Minister Theresa May is expected to launch a consultation on her much heralded industrial strategy early next week. City A.M. can exclusively reveal that Downing Street has pencilled in Tuesday to launch a long-awaited green paper on the topic, with May expected outline the plans personally. It comes after the Prime Minister has made two [...]
How are Europe’s politicians reacting to Theresa May’s big Brexit speech? January 18, 2017 After taking a night to digest Theresa May's landmark address at Lancaster House yesterday, Europe's politicians are slowly stirring to issue their own thoughts on the Prime Minister's Brexit plan. German chancellor Angela Merkel has led the way with some brief comments at a press conference with the Italian Prime Minister Paolo Gentiloni. "This speech made [...]
“Privileged” Single Market access is critical for London, says Khan January 18, 2017 London mayor Sadiq Khan will brand "privileged" Single Market access as "critical" for the capital in his response to Prime Minister Theresa May's Brexit speech. Speaking at the World Economic Forum in Davos, Khan will say getting a good deal on trading into the Single Market should be May's top priority in her negotiations with [...]
The Brexit transition period could extend beyond the next election January 18, 2017 Post-Brexit transition measures could be in place until after the next General Election, Brexit secretary David Davis has said. Yesterday, Theresa May committed to a "phased" introduction for a new trading relationship with Europe, but today Davis stressed while such a process "won't be very long", it could last until 2021. May will launch two years [...]
“No deal is better than a bad deal” – Six things we learned from Theresa May’s big Brexit speech January 17, 2017 Theresa May said her plan to quit the EU would involve 12 key objectives, and while some of those may be broader than others, there were still plenty of interesting developments. Speaking at Lancaster House today, the Prime Minister gave an outline of her hopes for Brexit for the first time – so what did we [...]
Theresa May is guaranteeing businesses a “phased” move into Brexit January 17, 2017 Prime Minister Theresa May has promised to avoid a "cliff-edge" transition to Brexit, while stressing she hopes to have reached a deal within the two year Article 50 process. May has said she will begin Brexit talks by the end of March, and speaking at Lancaster house today, she reiterated that the government does not [...]
Theresa May guarantees parliament a vote on the final Brexit deal January 17, 2017 Prime Minister Theresa May has promised that both the House of Commons and the House of Lords will be granted a vote on a final Brexit deal. Speaking at Lancaster House today, May said Parliament would be asked to approve the final terms of her negotiations with the European Union. Branding the move an effort to provide "certainty", [...]
