Tag: Brexit

Saturday, February 16th 2019 - 10:46 UTC
Theresa May sticks to her Brexit strategy despite Tories row and Commons defeat

British Prime Minister Theresa May is sticking to her Brexit strategy, despite her party rowing in the wake of her latest Commons defeat. MPs rejected a motion endorsing her approach by 303 to 258, with 66 Tory MPs abstaining, leading one minister to accuse Brexiteer rebels of “treachery”.
Friday, February 15th 2019 - 08:57 UTC
Netherlands mock Brexit with a giant Muppet-style monster

The Dutch government sees Brexit not as the elephant in the room but as a giant Muppet-style monster lying on a desk. That is the picture tweeted by Foreign minister Stef Blok, with the warning: “make sure Brexit doesn't sit - or lie - in your way”. There is a link to an official website where Dutch firms can see the potential impact of Brexit on their business.
Friday, February 15th 2019 - 08:49 UTC
PM's May approach to Brexit talks again rejected in Parliament: 303 to 258

Prime Minister Theresa May has suffered another Commons defeat after MPs voted down her approach to Brexit talks. MPs voted by 303 to 258 - a majority of 45 - against a motion endorsing the government's negotiating strategy.
Thursday, February 14th 2019 - 10:25 UTC
Parliament to vote on Valentine's Day a raft of Brexit amendments

British Prime Minister Theresa May is hoping parliament will show her some love on Valentine's Day by backing a motion reiterating its support for her Brexit strategy and rejecting amendments that would force her hand. Lawmakers in the UK will vote on May's latest motion on Thursday and could be asked to vote on five other amendments brought forward by MPs.
Thursday, February 14th 2019 - 09:19 UTC
Brexit no-deal would be catastrophic, says Ford and warns it would do “whatever necessary” to protect the business

Ford has said a no-deal Brexit would be catastrophic for the firm's manufacturing operations in the UK and that it would do “whatever is necessary” to protect its business. The comments come after a report the carmaker was stepping up preparations to move production out of the UK.
Thursday, February 14th 2019 - 09:13 UTC
UK January inflation at at two-year low and below target

British annual inflation hit a two-year low point in January, undershooting the Bank of England’s 2.0 per cent target on falling oil and other energy costs, official data showed on Wednesday.
Wednesday, February 13th 2019 - 07:59 UTC
Bank of England urges Parliament to secure a good Brexit withdrawal deal and a smooth transition.

Bank of England governor Mark Carney has urged MPs to solve the Brexit impasse in a speech warning of growing threats to the global economy. He said a no-deal Brexit would create an “economic shock” at a time when China's economy is slowing and trade tensions are rising.
Tuesday, February 12th 2019 - 10:27 UTC
UK economy recorded last year the lowest growth since 2012, 1.4%

Britain's economy contracted in December, official figures revealed on Monday, suggesting that uncertainty over whether the country will leave the European Union with or without a deal is starting to hurt. Data from the UK's Office of Nation al Statistics, ONS, shows that gross domestic product (GDP) contracted by 0.4% in December.
Tuesday, February 12th 2019 - 09:41 UTC
UK and Switzerland sign a post-Brexit “continuity agreement” on trade

The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” - based on the EU's existing free trade deal with Switzerland - was agreed in December but ratified on Monday.
Tuesday, February 12th 2019 - 09:36 UTC
UK food industry blasts the “catastrophic impact” of a no-deal Brexit

The UK food industry has threatened to stop co-operating with government policy consultations, saying it is busy trying to stave off the “catastrophic impact” of a no-deal Brexit. The warning came in a letter to Environment Secretary Michael Gove from more than 30 business leaders.