Michael Gove suggests government could ignore rebels’ anti-no deal law September 1, 2019 Cabinet minister Michael Gove has hit back at Tory rebels by suggesting the government could ignore any new law they pass to thwart a no-deal Brexit. Gove, who is in charge of the government’s no-deal Brexit preparations, was asked by the BBC whether the government would abide by any legislation that MPs might be able [...]
Williams Formula One team owner considering sale of engineering arm August 31, 2019 The owner of the Williams Formula One team, Williams Grand Prix Holdings, is exploring the possibility of selling its engineering arm. The company has been approached by several parties looking to acquire Williams Advanced Engineering (WAE) and a sale could raise tens of millions of pounds for the racing team, according to Sky News. Read [...]
Thousands protest Boris Johnson’s move to suspend parliament August 31, 2019 Protestors have taken to the streets across the UK to protest against Boris Johnson’s plans to prorogue parliament. The Prime Minister revealed this week that he would suspend parliament for five weeks from 10 September and faced an immediate backlash. Read more: Scottish court rejects bid to halt proroguing parliament A number of court hearings [...]
Toyota to halt production at UK factory day after Brexit August 31, 2019 Toyota is set to pause its production in the UK the day after Brexit in case there is any disruption to the delivery of parts. The car maker has said its work at the Burnaston plant in Derbyshire will stop on Friday 1 November and resume the following week. Read more: Sadiq Khan vows to [...]
Sajid Javid in ‘row’ with Boris Johnson over advisor sacking August 31, 2019 Chancellor Sajid Javid has “voiced his anger” to Boris Johnson after one of his special advisors was sacked. Sonia Khan was escorted from Downing Street on Thursday by police following a meeting with the Prime Minister’s aide Dominic Cummings concerning government leaks. Read more: BrexitBrexit preparation has cut productivity of UK business says Bank of [...]
No-deal Brexit could hit UK banks’ earnings by 25 per cent, says Citigroup August 30, 2019 US bank Citigroup has estimated that the UK leaving the European Union without a deal could cut UK banks’ earnings by as much as 25 per cent. A no-deal Brexit is likely to reduce revenue of high street lenders as economic growth slows and interest rates remain low, a note to clients from Citi analysts [...]
Brexit prep has cut productivity of UK business, says Bank of England August 30, 2019 The Brexit process has cut the productivity of UK companies by between two and five per cent, research by the Bank of England has found. Much of this drop since the vote to leave the European Union in 2016 is due to falls in businesses’ productivity as managers dedicate several hours per week to Brexit [...]
London’s bursting airports could harm the tourist trade August 30, 2019 London’s crown as Europe’s top tourist city will continue to shine despite Brexit, as it has done throughout our nation’s history. With its exciting mixture of high and low culture, history and (Tate) modernism – as well as fantastic food that has dispelled the country’s undeserved fish-and chips-obsessed reputation – it is no surprise that [...]
Blocking no-deal Brexit ‘makes it more likely’, Boris Johnson warns opposition MPs August 30, 2019 Prime Minister Boris Johnson has warned that MPs trying to halt a no-deal Brexit are making the scenario “more likely”, as opposition parties gear up to legislate against the government’s move of proroguing Parliament. The PM has said Britain will leave the bloc “do or die” on 31 October, and that he is willing to [...]
‘Get ready’: Michael Gove to launch £100m no-deal Brexit ad campaign August 30, 2019 Michael Gove, the minister in charge of preparing for a no-deal Brexit, is set to launch a £100m advertising campaign urging people and businesses to “Get ready” for Britain leaving the EU without a deal on 31 October. The campaign, which has been described as the biggest advertising drive since the Second World War, will [...]