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MercoPress, en Español

Montevideo, May 8th 2024 - 17:03 UTC

Tag: Brexit

  • Friday, August 4th 2017 - 08:35 UTC

    Brexit uncertainty pounding the economy says Bank of England governor

    ”It's evident...that uncertainties about the eventual relationship (with EU) are weighing on the decisions of some businesses”, said Mark Carney

    The governor of the Bank of England has warned that uncertainty over Brexit is already weighing on the economy. Mark Carney's comments came as the Bank voted to hold rates and cut growth forecasts. It edged this year's growth forecast down to 1.7% from its previous forecast of 1.9% made in May and also cut the forecast for 2018 from 1.7% to 1.6%.

  • Wednesday, August 2nd 2017 - 08:36 UTC

    Lord Hague supports Hammond for pushing for a Brexit transitional deal

    The ex-foreign secretary indicated the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels

    Philip Hammond has been backed by former Tory leader Lord Hague amid ongoing Cabinet tensions about the approach to Brexit. The ex-foreign secretary said the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels, giving time for a new trading relationship to be established and avoiding turning Brexit into a “disaster”.

  • Tuesday, August 1st 2017 - 21:39 UTC

    The United Kingdom Needs More Europe, Not Less

    Mike Gapes Labour MP

    By Mike Gapes (*) For the future security and stability of our country, our continent and the world this is the worst possible moment for the UK to be leaving the European Union. Unfortunately, we are planning to leave our European partners at a time when there is going to be less and less agreement amongst the most important countries about how to deal with current and emerging global problems.

  • Tuesday, August 1st 2017 - 07:24 UTC

    PM May's office denies freedom of movement will continue once UK leaves EU

    Downing Street moved to make clear free movement will end when the UK leaves. It said: “It would be wrong to suggest it... will continue as it is now.”

    Suggestions that freedom of movement will continue after the United Kingdom leaves the EU are wrong, Downing Street has said. Last Friday, Chancellor Philip Hammond warned full controls could take “some time”, prompting speculation free movement may continue in all but name after the UK leaves in March 2019.

  • Monday, July 31st 2017 - 09:57 UTC

    Cabinet in a state of civil war over Brexit, says Lib-Dem leader Vince Cable

    Vince Cable said the latest clash “reveals a deep, unbridgeable chasm between the Brexit fundamentalist and the pragmatists”.

    The rift between senior ministers on how long to allow the free movement of people after Brexit shows “all the signs of a Cabinet in a state of civil war”, Vince Cable has said. The Liberal Democrat leader's remarks come after International Trade Secretary Liam Fox dismissed the idea that a consensus had been reached on the issue by the Prime Minister's top table.

  • Saturday, July 29th 2017 - 14:53 UTC

    Hammond admits post-Brexit transitional deal up, but until general election in 2022

    “Many things would look similar” the day after Brexit - on 29 March 2019 - as the UK moved gradually towards a new relationship with the EU, Hammond said

    Any “transitional deal” in the period after Brexit must end by June 2022, the time of the next general election, Philip Hammond has said. But the chancellor said there must be “business as usual, life as normal” for Britons as the UK left the EU.

  • Saturday, July 29th 2017 - 13:58 UTC

    Brexit controversy: Ireland against any “economic border” with North Ireland

    “As far as this government is concerned there shouldn't be an economic border. We don't want one,” Prime Minister Varadkar told reporters at a briefing in Dublin.

    Ireland is against the imposition of an “economic border” with Northern Ireland and the Irish government is not going to help Britain design one, Prime Minister Leo Varadkar said on Friday.

  • Saturday, July 29th 2017 - 11:46 UTC

    Post-Brexit trade deals and serious obstacles when it comes to food

    In the US, it is legal to wash chicken carcasses in chlorinated water to kill germs - but this has been banned in the EU since 1997

    As the United Kingdom begins contacts to negotiate new trade deals as it leaves the EU in 2019, food will be one of many areas that will need to be addressed. The ongoing spat over chlorine chicken highlights how tastes and safety practices around the world can differ hugely, since what might seem normal practice in one country can seem problematic elsewhere.

  • Wednesday, July 26th 2017 - 05:28 UTC

    Three Brexiteers off to US/Mexico, Australia and Germany for trade talks

    Liam Fox will travel from the US to meet Mexican counterparts

    Three senior cabinet ministers will push the UK's Brexit agenda on three different continents. International Trade Secretary Liam Fox will travel from the US to meet Mexican counterparts to discuss trading relationships.

  • Sunday, July 23rd 2017 - 12:23 UTC

    Bank of America moves European operations to “natural location” Dublin

    In a statement, Moynihan called Dublin the “natural location” for consolidating the bank’s legal entities, noting Bank of America already has an Irish-domiciled bank.

    The Bank of America announced Friday that Dublin will be the new base for its European Union operations following Britain’s decision last year to split from the EU. Brian Moynihan, CEO of the Charlotte-based bank, made the announcement during a trip to the Irish capital city. It becomes the latest large U.S. bank in recent weeks to disclose plans for continuing to serve clients in EU countries following the so-called Brexit vote in 2016.