British Chancellor Philip Hammond and Foreign Secretary Boris Johnson are scheduled to visit Argentina as part of the G20 ministerial round of meetings in coming weeks, announced UK ambassador Mark Kent following talks on Thursday with foreign minister Jorge Faurie.4 comments
British Chancellor Philip Hammond has rejected calls by Labour and some Conservatives to announce the end of austerity in his spring statement on Tuesday. He is expected to unveil the smallest budget deficit since 2002, thanks to better than expected public finances.
More than 60 Conservative MPs have signed a letter to Theresa May making a series of suggestions about the government's Brexit strategy. The letter from the European Research Group says the UK should be free to negotiate and sign trade deals with other countries as soon as it leaves.
Prime minister Theresa May has been warned the UK risks disaster unless she sees off hard Brexiteers in her own party amid continuing Tory divisions over Europe. Ex-minister Anna Soubry said the PM must not let what she said were 35 MPs dictate the terms of the UK's EU exit.
The UK is heading towards a dilution of Brexit, former cabinet minister Theresa Villiers has said. The Conservative MP, writing in the Sunday Telegraph said there was a real danger the UK will sign up to an agreement with Brussels which could keep us in the EU in all but name. Her comments come amid growing Tory party rifts over Brexit.
A deeper relationship with Europe will benefit the UK economy, the governor of the Bank of England has argued. Mark Carney's comments follow claims by chancellor Philip Hammond that the UK and EU economies will only move very modestly apart after Brexit.
The German government on Wednesday sought to pour cold water over Britain's hopes of a bespoke post-Brexit arrangement for financial services. German Chancellor Angela Merkel's spokesman told reporters that Berlin's focus would remain on preserving a unified stance among the 27 EU nations as Brexit negotiations prepare to enter a critical phase. Britain's financial services industry is expected to be one the main battlegrounds in the next stage of talks.
The United Kingdom government is facing new calls to release confidential studies drawn up by officials looking at the potential impact of Brexit on the economy. Twenty-five Labour MPs have written to Chancellor Philip Hammond calling on him to release the material after he disclosed the work was being carried out during a recent session of the Commons Treasury Committee.
Britain's Chancellor of the Exchequer has outlined cautious spending plans to a nation bracing for the shock of leaving the European Union, amid a stream of worsening of economic forecasts that hampered room for giveaways.
Philip Hammond has said he is “confident” businesses will be given the Brexit certainty they need although he sidestepped calls to ensure transition principles are guaranteed by Christmas. The UK Chancellor acknowledged the principles of a transition period are “urgent and pressing”, also telling MPs the Government wants them agreed with the European Union “as soon as possible”.