Tag: Brexit

• Saturday, January 26th 2019 - 08:08 UTC

  Hammond suggests a Brexit compromise with EU leaders which could influence a vote in London

  

  British finance minister Philip Hammond said on Friday he believed the EU might compromise over a Brexit deal in a way that would persuade lawmakers in London to support it.

• Friday, January 25th 2019 - 09:22 UTC

  Brexit uncertainties: Jaguar Land Rover will extend its annual shutdown

  

  Jaguar Land Rover is to extend its annual April shutdown in car production because of uncertainties around Brexit. The UK's biggest carmaker will be idle for an extra week because of fears of disruption at its car and engine plants at Liverpool, Birmingham and Wolverhampton.

• Friday, January 25th 2019 - 09:18 UTC

  Queen alludes to Brexit debate: calls for “common ground” and respect for “different points of view”

  

  The Queen has urged people to find “common ground” and to respect “different points of view”. Commentators say the remarks will be seen as referring to the Brexit debate, with MPs due to vote on the PM's deal for leaving the EU again next week.

• Friday, January 25th 2019 - 09:06 UTC

  Goldman Sachs chief concerned with Brexit, but the main worry in China/US trade dispute

  

  The new chief executive of Goldman Sachs says that a “difficult” Brexit will negatively affect its investment plans in the UK. David Solomon told the BBC that while there has been a hiring freeze in the UK, the bank has been adding staff in the EU over the last two years.

• Thursday, January 24th 2019 - 09:04 UTC

  Mrs. May commits peace and reconciliation funds for Northern Ireland, regardless of Brexit

  

  The British government will remain committed to funding peace and reconciliation in Northern Ireland regardless of Brexit, the prime minister has said. Theresa May made the pledge in a letter to “reassure” the DUP. It comes amidst strains in the relationship over the border backstop.

• Thursday, January 24th 2019 - 08:59 UTC

  EU fishermen compensations if UK blocks access to fishing waters in a “no deal Brexit”

  

  European Union fishermen will be eligible for compensation if the UK blocks access to its fishing waters in the event of a ‘no deal’ Brexit, the European Commission confirmed on Wednesday. The EU executive tabled an amendment to its rules on the European Maritime and Fisheries Fund, which provides financial support to coastal communities and fishermen, enabling them to be compensated if the UK prevents them from fishing its waters.

• Thursday, January 24th 2019 - 08:53 UTC

  Santander bank slashing a fifth of its UK network and some 1,270 jobs

  

  Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on “changes in how customers are choosing to carry out their banking”. It said branch transactions have fallen 23% in the last three years, while digital transactions have soared 99%.

• Thursday, January 24th 2019 - 07:26 UTC

  Luxembourg reaping London's financial services triggered by Brexit

  

  Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure from the European Union.

• Thursday, January 24th 2019 - 06:00 UTC

  May/Sturgeon meeting confirm the divide between the two leaders over Brexit

  

  First Minister Nicola Sturgeon and Prime Minister Theresa May have met for talks in London after clashing over a second Scottish independence vote. The Downing Street summit was part of what Mrs. May called an “enhanced role” for the Scottish government in Brexit.

• Wednesday, January 23rd 2019 - 07:28 UTC

  Sturgeon to London to meet Mrs. May; First Minister favors extension of Article 50

  

  Scottish First Minister Nicola Sturgeon is heading to London for Brexit talks with Prime Minister Theresa May. Mrs. May is attempting to build support for her withdrawal plan and is holding talks with opposition parties and the Scottish and Welsh governments.