After being blocked from running last time, MEP Steven Woolfe is going to seek Ukip’s leadership again October 5, 2016 Ukip MEP Steven Woolfe is to make a second bid for the party's leadership following Diane James' shock resignation last night. James stepped down as Ukip leader after just 18 days, stating that she did not "have sufficient authority, nor the full support of all my MEP colleagues and party officers to implement changes I believe necessary [...]
Is Amber Rudd backpeddling on tough new migration proposals just a day after they were revealed? October 5, 2016 Home secretary Amber Rudd has suggested the government could backpeddle on controversial plans to tackle migration by making companies list the number of foreign workers they employ. Rudd unveiled the proposals yesterday at the Conservative party conference in Birmingham, but they have been slammed by business groups, who argue a tough crackdown would drive talent away. [...]
“No silver bullets” for homebuilding says the housing minister October 4, 2016 Housing minister Gavin Barwell has pushed back on a call to liberalise rules on green belt construction, warning there are "no silver bullets" to the UK's shortfall in homebuilding. Earlier this week, communities secretary Sajid Javid revealed plans for a housing white paper later this year. And Barwell today said the government would pursue a multi-faceted [...]
“No question” government will address the City’s fears over Brexit says David Davis October 4, 2016 Brexit secretary David Davis has vowed to “resolve” fears from the City over the loss of access to European markets in the aftermath of leaving the EU. Speaking at the Conservative party conference in Birmingham, Davis said the government was working to minimise risks to the financial services sector. London mayor Sadiq Khan has been [...]
Brexiteer MP Steve Baker expects the UK to retain almost all of its current trade arrangements with the EU October 4, 2016 The UK should be able to retain “virtually all” of its current trade arrangements with the EU, according to Treasury Select Committee member and Brexit campaigner Steve Baker. Speaking to City A.M. at the Conservative party conference in Birmingham, Baker said the UK would be boosted by a raft of elections across Europe in the [...]
A top Citi banker has clashed with a Brexit-backing MP over the need for clarity on the future of passporting rights October 3, 2016 One of Citi’s most senior UK bankers has clashed with a Brexiteer MP over the need for clarity around passporting rights for financial services. Speaking at the Conservative party conference in Birmingham, Leave campaigner Dominic Raab played down the importance of passporting, arguing that several alternative models would allow UK-based institutions to access the market, [...]
All EU rules should face a “sunset clause” according to former BCC chair John Longworth October 3, 2016 All European legislation should face a “sunset clause” according to the Brexiteer former director-general of the British Chambers of Commerce. Speaking at the Conservative party conference in Birmingham, John Longworth said Theresa May should put an expiry date on the entirety of the EU’s rules as part of her Great Repeal Bill. May has promised to [...]
Britain could secure a temporary Single Market membership according to this Treasury Select Committee member October 3, 2016 Britain could retain a temporary Single Market membership in the aftermath of Brexit, according to a member of parliament’s Treasury Select Committee. Speaking at the Conservative party conference, Chris Philp noted that the US’ still unsigned trade deal with Europe has taken 10 years of negotiations. “These trade negotiations, even excluding financial services, take an [...]
Hammond warns over Brexit complacency as he scraps Osborne’s goal of a fiscal surplus by 2020 October 3, 2016 Chancellor Philip Hammond has warned against complacency in the aftermath of Brexit, despite acknowledging better than expected performance. Speaking at the Conservative party conference today, Hammond scrapped his predecessor George Osborne’s goal of a fiscal surplus by 2020, but maintained fiscal consolidation would continue. Hammond said he would lay out his own plans in detail [...]
Theresa May is “relaxed” about foreign ownership for British employers, according to the chair of her policy board October 3, 2016 Theresa May is “reasonably relaxed” on foreign ownership of British firms, according to the chair of her policy board. Speaking at the Conservative Party conference in Birmingham this morning, George Freeman said the Prime Minister’s focus on foreign investment will relate specifically to the future of businesses in Britain. “The issue isn’t who owns it. The issue [...]
