Tag: Brexit deal

• Tuesday, October 2nd 2018 - 08:29 UTC

  “Tories will also be the party of business”, Hammond tells Conservative conference

  

  Conservatives cannot afford to look like the party of “no change”, British Chancellor Philip Hammond has warned colleagues. Mr Hammond said the Tories could not “outspend” Jeremy Corbyn's Labour with “short-term gimmicks”. Instead he said they urgently needed to make the case for capitalism and “take our people with us”.

• Friday, September 28th 2018 - 08:23 UTC

  EC calls for calm as deadline for a possible UK withdrawal enters critical phase

  

  A spokesman for the European Commission said calmness not drama was needed during the critical end phase of negotiating a withdrawal agreement between the European Union and the United Kingdom.

• Thursday, September 27th 2018 - 05:43 UTC

  Labour ready to govern, says Corbyn, and to support a “sensible” Brexit deal

  

  Labour is “ready” to start work on a “radical plan to rebuild and transform our country”, Jeremy Corbyn has told his party conference in Liverpool. The Labour leader also offered to back Theresa May if she presented a “sensible” Brexit deal to MPs for approval, but he said that Labour would oppose the PM's current plan “or whatever is left of it”, and vowed to fight any move to leave the EU without a deal.

• Saturday, September 22nd 2018 - 08:47 UTC

  New battle front for Brexit: revocation of Article 50 addressed to the European Court

  

  The European Court will be asked if the UK can unilaterally revoke its Article 50 request to leave the European Union, following a “bombshell” ruling from Scotland’s highest court. In what campaigners described as a “case that could decide the fate of the nation”, the Court of Session in Edinburgh announced it would refer the question on to the Court of Justice of the EU (CJEU).

• Thursday, September 20th 2018 - 08:24 UTC

  Polite EU 27 plus Theresa May meeting , but Irish border bogs any deal on Brexit

  

  Prime Minister Theresa May appealed directly to fellow European Union leaders on Wednesday to drop “unacceptable” Brexit demands that she said could rip Britain apart, urging the bloc to respond in kind to her “serious and workable” plan.

• Wednesday, September 19th 2018 - 08:56 UTC

  Mini factory in Oxford will shut down for a month in April 2019 in case of a no deal Brexit

  

  Mini factory in Oxford will shut down for a month after Brexit at the end of March to minimize disruption in case of a no-deal outcome. Owner BMW said its summer maintenance shutdown had been brought forward to 1 April to reduce any “possible short-term parts-supply disruption”.

• Tuesday, September 18th 2018 - 08:51 UTC

  IMF's Lagarde: A no-deal Brexit would entail substantial costs for the UK economy

  

  The International Monetary Fund has warned that a “no-deal” Brexit on World Trade Organization terms would entail “substantial costs” for the UK economy. IMF said that all likely Brexit scenarios would “entail costs”, but a disorderly departure could lead to “a significantly worse outcome”.

• Monday, September 17th 2018 - 08:16 UTC

  A no-deal exit from the EU would deliver a “hammer blow” to the British economy says head of CBI

  

  A no-deal exit from the European Union would deliver a “hammer blow” to the British economy, the head of the CBI has warned. The business body’s director general Carolyn Fairbairn said the country should get behind Prime Minister Theresa May’s Chequers proposals as a blueprint for a Brexit deal.

• Friday, September 14th 2018 - 08:22 UTC

  Governor Carney warns of economic chaos and property crash in a no-deal Brexit

  

  Bank of England governor Mark Carney has delivered a “chilling” warning to Theresa May’s cabinet that a no-deal Brexit could lead to economic chaos, including a property crash that could see house prices fall by a third.

• Tuesday, September 11th 2018 - 08:43 UTC

  EU Barnier's “realistic” comments on Brexit help prop sterling

  

  Sterling surged against the dollar and Euro on Monday after the European Union's chief negotiator said a Brexit deal was “realistic in six to eight weeks”. For the second time in less than a week, Michel Barnier has signaled his desire to move ahead on the Brexit negotiations, less than seven months before the United Kingdom is slated to leave the European Union on March 29, 2019.