Theresa May: The UK “cannot” remain a Single Market member January 17, 2017 Prime Minister Theresa May and chancellor Philip Hammond have both said the UK will terminate its membership of the Single Market. Hammond revealed the UK would look for a "quick and simple" and "ambitious agenda for a comprehensive free-trade agreement" in the House of Commons, while May's landmark address at Lancaster House said the UK "cannot" remain a [...]
Theresa May vows to turn Britain into “a great global trading nation” January 17, 2017 Prime Minister Theresa May will today vow to make Britain “a great global trading nation” in an eagerly-awaited landmark speech on Brexit. Speaking at Lancaster House later today, May will set out 12 key negotiating objectives for the UK, underpinned by promises to provide certainty and clarity, and to create a stronger, fairer and more [...]
Technology and construction specialists are among London’s worst firms for recruiting apprentices January 17, 2017 London's technology and construction firms are the among the capital's worst employers for recruiting apprentices, according to a new report. The capital’s construction businesses recruit fewer apprentices than those in any other part of the country, while the growth of sites like Silicon Roundabout hasn’t been enough to stop the tech sector becoming the London’s second [...]
Hard Brexit will need longer transition for businesses, City policy chief warns January 16, 2017 The Square Mile will need a longer transition if Theresa May pursues a so-called Hard Brexit, City policy chairman Mark Boleat has warned. Delivering a lecture at King’s College, Boleat said that any deal with the EU must include time for business to adapt. However, he added that the nature of the deal is more important than [...]
CBI boss Carolyn Fairbairn sounds the alarm on Brexit “crash-landing” January 16, 2017 CBI boss Carolyn Fairbairn has issued a warning against "crash-landing" into Brexit without planning or sufficient preparation. Ahead of Theresa May's landmark address on tomorrow, Fairbairn has issued a last-ditch plea for a negotiated settlement with Europe, including provisions for transition. "The practicalities of a disorderly crash-landing need to be understood," Fairbairn told the Guardian. "An [...]
“Considerable” Brexit costs will prevent Italeave, Departugal or Czechout says top Eurozone official January 16, 2017 One of the Eurozone's top officials has branded claims that other European countries will follow suit after Brexit as "fantasy". President-elect Donald Trump has predicted fresh departures from the EU, arguing that member-states will be keen to pursue their own identities. However, European economic affairs commissioner Pierre Moscovici has told reporters that the "considerable" cost of Brexit [...]
Theresa May gives cautious welcome to Trump’s trade promise January 16, 2017 Prime Minister Theresa May has welcomed the "energy and enthusiasm" of President-elect Donald Trump's comments on a US-UK trade deal, but maintained the UK will stick to its obligations as an EU member. Trump has said that he hopes to rapidly seal a new trading relationship with the UK, with May expected to visit Washington in [...]
City eyes best possible access to Europe’s Single Market January 16, 2017 The City is shifting to a new focus on best possible access to Europe's Single Market, rather than pinning hopes on continued membership of the trading bloc, as it prepares for the Prime Minister to announce a so-called clean Brexit tomorrow. In a much anticipated speech, Theresa May is expected to make clear the UK’s [...]
Theresa May’s reported Brexit plan has been endorsed by an influential think tank January 16, 2017 Prime Minister Theresa May's reported plans to quit both the Single Market and the European customs union have been backed by a former chancellor, who also warns that no "remotely acceptable" trade deal is possible. This weekend saw reports emerge that May will this week make clear her willingness to quit the EU's trading blocs in order [...]
