Tag: Brexit

• Friday, April 13th 2018 - 08:50 UTC

  UK can still reverse its Brexit decision until 2021, says Michel Barnier

  

  The EU chief negotiator Michel Barnier has said the UK can reverse its position on leaving the single market and customs union up until the end of the Brexit transition period. The EU official gave Theresa May until December 31 2020 to change her mind on Britain exiting the pair as it withdraws from the EU, saying: “So long as they have not left, during the transition period, everything is still possible.”

• Thursday, April 12th 2018 - 07:20 UTC

  EC president furious with Brexit: “only a united Europe can be a sovereign Europe”

  

  European Council President Donald Tusk has said Brexit makes him furious, and called on Europe to unite during a speech in Dublin. The statesman warned it would take very little time to demolish the structures of peace and unity built up in the continent.

• Wednesday, April 11th 2018 - 08:57 UTC

  The paperwork challenge for British business after Brexit

  

  Diverging from European Union rules after Brexit will mean more costs than benefits for British business, a report by the CBI employers' group says. In a survey of 23 industry sectors, the vast majority preferred continued close alignment with EU regulations.

• Tuesday, April 10th 2018 - 09:09 UTC

  Sharing cash for farmers, one of the biggest post Brexit challenge, say experts

  

  Quitting the European Union means the UK will have to go back to the drawing board over devolution, constitutional experts have warned. Wrangles over sharing out cash for farmers will be one of the biggest challenges ministers face, according to the Institute for Government (IfG).

• Tuesday, April 10th 2018 - 08:59 UTC

  Brexit: Financial services worried about UK economy prospects

  

  Financial services firms are worried about prospects for the UK economy, with Brexit remaining the biggest risk, a study shows. Research by Lloyds Bank found that executives in the sector believe growth in this country will be outpaced by all other nations in the G7 this year.

• Monday, April 9th 2018 - 09:21 UTC

  Facebook suspends Canadian company allegedly linked to UK Leave campaign

  

  Facebook has suspended a Canadian data firm that played a key role in the campaign for the UK to leave the EU. The social media giant said AggregateIQ (AIQ) may have improperly received users' data. It cites reported links with the parent company of Cambridge Analytica (CA), the consultancy accused of improperly accessing the data of millions.

• Monday, April 9th 2018 - 08:57 UTC

  UK fishermen day of fury over Brexit “abject betrayal”: UK waters control delayed from 2019 to 2021

  

  English fishermen are taking part in a day of protests against what they say is an “abject betrayal” over Brexit. Protesters gathered in Plymouth, Whitstable, Hastings, Portsmouth, Milford Haven and Newcastle. Fishermen say promises of immediate control over UK waters on leaving the EU next year have been dropped.

• Tuesday, March 27th 2018 - 15:21 UTC

  Data scientist Christopher Wylie: “The Brexit would not have happened without Cambridge Analytica”

  

  Christopher Wylie's specialty was to predict fashion trends before starting work at 17 for a Canadian politician, at 18 he participated in Obama's campaign to learn about his data management and later he helped to found Cambridge Analytica (CA), the consultant accused of misuse of data of about 50 million users of Facebook. However, Wylie said he feels regretful.

• Thursday, March 22nd 2018 - 22:22 UTC

  Bank of England leaves rates unchanged for now, waiting for more Brexit data

  

  The Bank of England signaled on Thursday that it remains on course to lift interest rates in Britain this year and next, as figures showed a yearlong squeeze on consumers caused by a steep fall in the pound appears to be coming to an end.

• Wednesday, March 21st 2018 - 07:37 UTC

  UK inflation drops to 2.7% in February, weakest increase since July 2017

  

  UK inflation was weaker than expected in February easing some of the squeeze on households' spending power but doing little to change bets on a Bank of England rate rise in May. Official data showed consumer prices rose by an annual 2.7% last month, the weakest increase since July of last year and down from a rise of 3.0% in January.