Tag: Brexit

• Thursday, February 22nd 2018 - 09:35 UTC

  Theresa May sets out proposals for post-Brexit transition period: Tories divided

  

  UK has published proposals for how it wants the transition period immediately after Brexit to work. It says the period should last as long as it takes to “prepare and implement the new processes and new systems”. Number 10 denied this meant it would be longer than the planned two years.

• Wednesday, February 21st 2018 - 09:19 UTC

  Brexit strategy suggestion to Theresa May from 62 Conservative MPs

  

  More than 60 Conservative MPs have signed a letter to Theresa May making a series of “suggestions” about the government's Brexit strategy. The letter from the European Research Group says the UK should be free to negotiate and sign trade deals with other countries as soon as it leaves.

• Saturday, February 17th 2018 - 09:22 UTC

  Merkel “curious” about UK lack of clarity with Brexit; PM May speech in Munich

  

  Angela Merkel has said that she is not “frustrated” by Britain's lack of clarity in Brexit, but is still “curious” about what the UK government actually wants to achieve in negotiations.

• Friday, February 16th 2018 - 10:07 UTC

  Theresa May flies to Berlin to meet Merkel, ahead of crucial speech on Saturday

  

  Theresa May is due to hold talks with German Chancellor Angela Merkel as she seeks to make progress on negotiating Brexit. The PM will travel on Friday to Berlin for the meeting at the Chancellery. It comes a day ahead of a speech on Saturday in which she is expected to set out the “security partnership” she wants to maintain with the EU.

• Thursday, February 15th 2018 - 09:37 UTC

  For the first time in seven years, Euro-zone economy grew faster than UK in 2017

  

  For the first time in seven years, the Euro-zone's economy grew quicker than the UK's last year, according to data from Eurostat released on Wednesday. The preliminary growth estimates for the final quarter of 2017 showed the bloc of Euro nations growing at a combined 2.7% over the course of the year, having expanded 0.6% in the final quarter alone.

• Wednesday, February 14th 2018 - 09:10 UTC

  UK January inflation remains at 3%; slower food and raw materials prices

  

  United Kingdom inflation remained at 3% in January, the same level as in December, as reported by the Office for National Statistics, ONS. In November it was the six year high of 3.1% and most economists were expecting a small fall in the CPI to 2.9%.

• Monday, February 12th 2018 - 15:46 UTC

  Brexit impact studies leaks again questions PM May's approach to negotiations

  

  Brexit impact studies released to MPs by the UK government reveal the North East of England and West Midlands will sustain the biggest hit to economic growth from Britain’s withdrawal from the European Union.

• Friday, February 9th 2018 - 20:10 UTC

  Essential EU poly-lingual staff for UK inbound tourism at risk with Brexit

  

  The CEO of the European Tourism Association, ETOA, Tom Jenkins told Parliament that Brexit is already harming the inbound travel industry, damaging productivity and asked for assurances that hiring non-UK EU workers remains free from bureaucratic burdens, since language skills are particularly important in the industry.

• Friday, February 9th 2018 - 10:45 UTC

  Bank of England expects pace of interest rate increases to accelerate

  

  The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep interest rates on hold at 0.5% at their latest meeting. However, they said rates would need to rise “earlier” and by a “somewhat greater extent” than they thought at their last review in November. Economists think the next rate rise could come as soon as May.

• Friday, February 9th 2018 - 10:08 UTC

  Japanese companies Brexit warning: no profits, no private company can continue

  

  Japan's ambassador to the UK has said Brexit is a high stakes issue and that no company would be able to stay in the UK if it was not profitable. Koji Tsuruoka was speaking outside Number 10 after a meeting between Prime Minister Theresa May and 19 top Japanese bosses.