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Montevideo, May 8th 2024 - 19:50 UTC

Tag: Brexit

  • Saturday, July 22nd 2017 - 12:31 UTC

    Hammond reportedly told Goldman Sachs he favors a Brexit lengthy transition period

    Hammond said that the majority of senior ministers now agreed on the need for a transition period. Leading Brexiteer Michael Gove endorsed that view on Friday.

    Chancellor of the Exchequer Philip Hammond reportedly told the board of U.S. investment bank Goldman Sachs that he was pushing for a lengthy transition period after Britain leaves the European Union, a source familiar with the talks said. The source said Hammond made a presentation to the Goldman Sachs board on June 29 when CEO Lloyd Blankfein was in London for the annual board meeting.

  • Saturday, July 22nd 2017 - 11:31 UTC

    New Lib-Dem leader pledges “exit from Brexit” and calls to capture “gigantic space” in British politics

    Sir Vince said the Government’s approach to Brexit was taking Britain towards the “disastrous outcome” of crashing out of the European Union.

    Sir Vince Cable has become the new leader of the Liberal Democrats with a promise to offer voters the possibility of an “exit from Brexit” through a second referendum on EU membership. The former business secretary took up the role after nominations for the post closed without him facing any challengers, becoming, at 74, the oldest leader in the party’s history.

  • Friday, July 21st 2017 - 08:49 UTC

    Brexit second round with EU ends with “fundamental disagreements”

    Mr. Barnier said the first round of talks had been about organization, this week had been about presentation, and the “third round must be about clarification”.

    The second round of Brexit talks has ended with “fundamental” disagreements remaining between Britain and the European Union on citizens’ rights and a stand-off over the so-called “divorce bill”.

  • Thursday, July 20th 2017 - 09:29 UTC

    UK ex top diplomat warns of “disastrous consequences” of Brexit

    Lord Kerr, UK’s ex permanent representative at EU from 1990-95, said that when he drafted Article 50, he thought it would only ever be used by a dictatorial regime

    The author of the European Union’s Article 50 has issued a call for Brexit to be halted, warning that its “disastrous consequences” are becoming clearer every day. Lord Kerr of Kinlochard was among more than 60 prominent figures in Scotland who signed a joint letter warning that Brexit has seriously damaged the UK’s international reputation and calling for a “UK-wide debate about calling a halt to the process”.

  • Thursday, July 20th 2017 - 09:14 UTC

    France's Macron overtakes UK in the league table of global “soft power”

    The future of the UK’s “soft power” will depend on whether Brexit results in the creation of a “global Britain”, as the UK Government hopes

    The election of Emmanuel Macron as president has helped propel France to the top of a league table of global “soft power”, while Britain’s score has decreased partly as a result of Brexit. But despite losing points for government stability, enterprise and favorability measured in worldwide polls, the UK hung on to second slot, thanks to the US tumbling from first to third following the election of Donald Trump.

  • Tuesday, July 18th 2017 - 05:43 UTC

    Complicated start for Brexit discussion in Brussels; PM May orders cabinet to stop infighting

    Davis is attempting to accelerate a dialogue with Barnier, but open divisions in PM Theresa May's cabinet make it difficult to determine the British course of action

    Negotiations regarding Britain's exit from the European Union resumed on Monday in Brussels, and Britain's prime minister warned her feuding cabinet to stop its infighting. David Davis, the Britain's Brexit secretary, began four days of talks with EU chief negotiator Michel Barnier in Brussels, but flew home to London after only three hours of negotiation.

  • Tuesday, July 18th 2017 - 05:32 UTC

    UK/Gibraltar will establish a consultation mechanism on trade agreements

    “It’s been a real, collegiate and substantive engagement on issues that matter,” CM Picardo said. “We’re in the detail now and that’s where we need to be.”

    UK and Gibraltar will establish a mechanism to ensure Gibraltar is consulted on any trade agreements negotiated by Britain outside the EU, both governments said in a joint statement.

  • Monday, July 17th 2017 - 05:26 UTC

    Tony Blair does not rule out a Jeremy Corbyn win on a “far Left program”

    “There's been so many political upsets, it's possible Jeremy Corbyn could become prime minister and Labour could win on that program” ex PM Tony Blair said

    Tony Blair says he now accepts Jeremy Corbyn could become prime minister. The ex-PM told BBC Newsnight that a year ago he would have said it was impossible for the left-wing Labour leader to win. But he added: “There's been so many political upsets, it's possible Jeremy Corbyn could become prime minister and Labour could win on that program.”

  • Monday, July 17th 2017 - 04:49 UTC

    Hammond admits Brexit is holding back investments in UK

    “It is absolutely clear businesses where they have discretion over investment, where they can hold off, are doing so - you can understand why”, said Hammond

    Chancellor of the Exchequer Philip Hammond has told the BBC's Andrew Marr Show that businesses are holding off from investing in the UK because of uncertainty about Brexit. The interview came a day before the second round of negotiations which take place this Monday in Brussels.

  • Monday, July 17th 2017 - 04:35 UTC

    Tory MP reaffirms UK commitment to stand by Gibraltar after Brexit

    “There is no question mark over Gibraltar’s continued British sovereignty”, UK will remain staunchly by the Overseas Territory, said the ex Attorney General.

    Spain’s “eccentric” enclaves in north Africa make its position on Gibraltar “incomprehensible”, said Tory MP Dominic Grieve reaffirming UK’s commitment to stand by Gibraltar after Brexit. Speaking during a visit to Gibraltar, MP Grieve said any future Brexit deal struck by the UK with the EU must also include the Rock.