Tag: Brexit

• 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.

• Wednesday, February 7th 2018 - 09:17 UTC

  Trump manages to unite the UK political system in praise of the healthcare system

  

  United States president Donald Trump has sparked a backlash from UK politicians by attacking the National Health Service. In a tweet criticising US Democrats pushing for a universal health system, he said “thousands of people are marching” in the UK because the NHS is “going broke and not working”. This was believed to be a reference to a Save the NHS march on Downing Street on Saturday, demanding more funding.

• Wednesday, February 7th 2018 - 08:55 UTC

  EU draft proposes strict conditions for UK in the post-Brexit transition period

  

  The European Union wants to be able to restrict the UK's access to the single market if there is a dispute after Brexit, a leaked document suggests. The power to suspend “certain benefits” would apply during the post-Brexit transition phase before the final arrangements come into force.

• Monday, February 5th 2018 - 08:47 UTC

  India industry flexes its muscle in UK: extends a hand to post-Brexit

  

  More than a hundred business leaders, parliamentarians, government representatives, and other influential figures gathered in the British Houses of Parliament for a unique event aimed at highlighting the major success stories of UK-India economic cooperation.