A former Treasury minister has said that further devolution is “as important as Brexit” to the nation’s future October 21, 2016 A former banker and Treasury minister has claimed that the success of new mayoralties is as important for the country as Theresa May's Brexit talks. Lord Jim O'Neill, who famously coined the “Brics” term for some of the world's largest emerging economies, said that “at least” four further regional mayors should be created. Four mayoral [...]
Theresa May arrives in Brussels with a vow to be a “strong” and “dependable” partner for the EU after Brexit October 20, 2016 Theresa May has promised vowed the UK will remain a strong partner to the EU on arrival at her first European Council summit in Brussels. May also called for unity in pressuring Russia for its "sickening atrocities" in Syria. “The UK is leaving the EU but we will continue to play a full role until we [...]
City of London chiefs have published new proposals for a London visa system October 20, 2016 The City of London has published plans for a new scheme to allow square mile businesses to recruit talented workers in the aftermath of Brexit. In a report published with PWC, the City has offered two models for future systems which would allow for regional systems, as long as live in the region in which [...]
Theresa May is to tell European leaders that Brexit must work for both the UK and the EU October 20, 2016 Prime Minister Theresa May will today tell European leaders that Brexit must work for both Britain and the Europe at her first EU Council summit. May will depart for the two day meeting in Brussels this morning, and she is set to address national leaders over a “working dinner” later in the day, with a [...]
A House of Lords committee has blasted the government for offering “after the fact” Brexit scrutiny October 20, 2016 Members of the House of Lords have slammed a lack of opportunities for parliament to scrutinise Brexit plans, just over a day after government lawyers said a vote on the final deal was “very likely”. In the High Court battle over whether Theresa May has the authority to invoke Article 50 without parliament, government lawyer [...]
Citigroup plans to relocate 10 per cent of UK roles if the UK can’t secure passporting October 19, 2016 US bank Citigroup would relocate almost 1,000 jobs outside of the UK if the government is unable to secure passporting for financial services. The bank, which has 9,000 staff in the UK, has told MPs that failure to secure passporting would see it move the roles. Citi has major locations in Dublin, Paris, Frankfurt and [...]
Hilary Benn is to chair parliament’s cross-party Brexit watchdog October 19, 2016 Former shadow foreign secretary Hilary Benn has been confirmed as the chair of a newly established parliamentary Brexit watchdog. Benn defeated Labour Brexiteer Kate Hoey to win the spot, which will see him lead 20 other MPs from across party's in scrutinising the work of David Davis' department for exiting the European Union. It marks [...]
Sadiq Khan is expecting London visa proposals within weeks October 19, 2016 London Mayor Sadiq Khan is expecting to receive proposals for anew London visa system within weeks as he seeks to protect the City from some of the potential negative impacts of Brexit. Khan said last month that he was investigating the possibility that London could offer its own work permits in a bid to counter any [...]
Sadiq Khan is facing a grilling over London visas, taxies and his abandoned plans for 2m trees October 19, 2016 Sadiq Khan faces a grilling over his hopes to launch work permits for London today, with Assembly members also set to press the mayor on the scrapping of tree planting targets and the safe use of smartphone apps by cab drivers Khan has repeatedly stressed his desire to install a work permit system for the city [...]
The City is struggling with the Whitehall Brexit machine October 18, 2016 Key figures in the City are growing increasingly frustrated with what they see as an indifferent and unsupportive approach towards the Square Mile in two of the government departments responsible for hammering out the UK’s Brexit deal. Several sources have indicated to City A.M. that, while Philip Hammond and his Treasury team are instinctively sympathetic [...]
