European business leaders will meet UK Prime Minister Theresa May later on Monday to voice concerns about the future of UK-EU trade. Experts from groups including the CBI and Business-Europe will stress the need for a transitional deal that preserves the status quo after Brexit.1 comment
The date of Brexit will be written into law as Theresa May warned Tory rebels that the process of leaving the European Union will not be derailed. Amendments to legislation going through Parliament will spell out that the UK’s membership of the EU will end at 11pm GMT, midnight in Brussels, on 29 March 2019.5 comments
UK Prime Minister Theresa May did not raise the issue of Gibraltar’s sovereignty during her meeting with the king of Spain despite the two countries not seeing “eye to eye” on the issue, Downing Street said on Thursday. A Number 10 spokeswoman said the Gibraltar “didn’t come up” and insisted Spain is “well aware” of Britain’s position that the Rock’s future is not up for discussion.
Universities and Science Minister Jo Johnson confirmed that the British government is investing £100 million to attract highly skilled researchers to the UK through its new Ernest Rutherford Fund. The Fund will provide fellowships for early-career and senior researchers, from the developed world and from emerging research powerhouses such as India, China, Brazil and Mexico, helping to maintain the UK’s position as a world-leader in science and research.
Landlords in England will be expected to evict tenants who lose the right to live in the UK under new measures to clamp down on illegal immigration. They will be able to end tenancies, sometimes without a court order, when asylum requests fail, ministers say.
A report into the Libor rate-rigging scandal says the system is broken and suggests its complete overhaul, including criminal prosecutions for those who try to manipulate it. Its author, regulator Martin Wheatley, told the BBC that bankers guilty of fixing Libor in future could be jailed.