A senior Eurosceptic is sounding the alarm over an Article 50 rebellion among Tory MPs this week February 5, 2017 A senior Tory Eurosceptic is raising concerns of a rebellion among MPs ahead of this week’s vote on Article 50 legislation. MPs will vote on a Bill granting the government power to begin divorce talks on Wednesday, but Brexiteer and Treasury committee member Steve Baker is worried that some Tories will back “wrecking” amendments. These could place more restrictions [...]
Thomas Cook is under pressure for its bonus plans ahead of this week’s annual meeting February 5, 2017 Thomas Cook is under pressure from shareholders relating to bonuses plans for chief executive Peter Fankhauser. The travel firm will host its annual meeting on Thursday, and one shareholder group has questioned whether the firm is providing enough about a proposal that could see Fankhauser pocket up to £1.6m a year. Institutional Shareholder Services (ISS), which represents around 20 per cent of investors, has [...]
Labour donor John Mills could be ejected from the party over Brexit referendum payments to Ukip February 5, 2017 One of Labour's largest individual donors could be thrown out of the party after claims that he financial supported Ukip. John Mills, the millionaire behind consumer products firm JML, created the Labour Leave campaign. But now London MEP Seb Dance is claiming the retailer broke party rules by handing cash to Eurosceptic party Ukip. Labour rules mean that [...]
Germany’s finance minster warns against “punishing” Britain and losing out on the City February 5, 2017 The merits of the Square Mile should lead Europe to offer a “reasonable” deal on Brexit, according to Germany's finance minister. Speaking to German newspaper Tagesspeigel, Wolfgang Schauble warned against seeking to “punish” the British for the decision to leave the EU. “We want to keep Great Britain close to us,” Schauble said. Read More: Hurting the [...]
A senior Tory backbencher is threatening to defy Theresa May in next week’s Article 50 vote February 2, 2017 A senior Conservative MP has threatened to defy Prime Minister Theresa May over her Article 50 Bill and fears of handing the Prime minister “a blank cheque”. Neil Carmichael, who chairs the education select committee, said he was “looking carefully” at amendments tabled for the legislation, which grants the government the power to launch Brexit [...]
How are the UK’s business groups reacting to the Brexit white paper? February 2, 2017 Some of the UK's biggest business groups have come out in favour of a Brexit white paper published by the government today, but questions still remain on the rights of EU nationals. The Department for Exiting the European Union published the paper earlier this afternoon, following pressure from MPs to provide more information on Brexit [...]
Six things we learned from the Brexit white paper February 2, 2017 Theresa May has finally answered the calls of MPs and published a Brexit white paper, today releasing a 77-page document detailing her plan to quit the EU. May previously laid out much of the detail in her landmark address at Lancaster House last month, but what can we glean from all the extra information released today? 1. [...]
Theresa May publishes her Brexit plan in government white paper February 2, 2017 Prime Minister Theresa May has issued her much-demanded Brexit white paper, less than 24 hours after MPs voted in favour of granting her the power to begin EU divorce proceedings. The government paper was released by the Department for Exiting the European Union earlier today, following repeated calls for the government to expand on May's [...]
John McDonnell says Labour’s frontbench Brexit rebels may not face the sack February 2, 2017 Labour shadow chancellor John McDonnell has said the party's Brexit rebels may be able to serve on the frontbench, despite disobeying direct orders. 13 Labour shadow ministers, including three party whips, voted against the progress of the Article 50 Bill in the House of Commons last night, ignoring instructions from party leader Jeremy Corbyn to [...]
Brexiteers slam Irish Article 50 case lawyer’s claims that people were misled February 1, 2017 Brexiteers have hit back at a top tax lawyer bringing an Article 50 case in Ireland, who recently claimed his action's importance lay in the fact voters had been misled. Jolyon Maugham filed a case in Ireland last week, seeking an answer on whether the UK can revoke its Article 50 process without the approval of the [...]
