Tag: European Union

• Saturday, November 3rd 2018 - 08:30 UTC

  Backers of Brexit funding campaign investigated for “suspected criminal offences”

  

  Brexit backer Arron Banks is being investigated by the UK’s serious crime agency for “suspected criminal offences” over £8 million of campaign funding during the Brexit referendum.

• Saturday, November 3rd 2018 - 07:47 UTC

  Argentina, Japan and EU supporting US drive for greater transparency at WTO

  

  Argentina, Costa Rica, Japan and the European Union are supporting a U.S. drive to enforce greater transparency and discipline at the World Trade Organization, an updated proposal published by the WTO showed on Friday.

• Friday, November 2nd 2018 - 08:31 UTC

  Scotland remains strongly Remain and supports vote on a final Brexit deal

  

  Almost two-thirds of Scots believe a second vote on Brexit would result in the UK voting to stay in the European Union, a new poll has found. Research by Survation found 64% found a so-called People’s Vote would reverse the result of the 2016 referendum.

• Friday, November 2nd 2018 - 08:18 UTC

  Brussels and London play down speculation about a breakthrough in Brexit talks

  

  Brussels and Downing Street have played down speculation about a breakthrough in Brexit talks. Reports that a Brexit deal could safeguard the City’s access to European Union markets led to an increase in the value of sterling.

• Friday, November 2nd 2018 - 08:13 UTC

  Bank of England leaves rates unchanged but warns on a no-deal Brexit scenario

  

  Bank of England governor Mark Carney has warned interest rates could rise in the event of a no-deal Brexit if a cliff-edge withdrawal sends the pound into free fall. Mr. Carney said there are scenarios where policy “might need to be tightened in the event of a no deal, no transition Brexit”, should a plunge in the value of the pound cause inflation to surge and impact UK production.

• Thursday, November 1st 2018 - 08:25 UTC

  Shadow Chancellor sets out conditions for Labour's support to a Brexit deal

  

  Brexit deal involving a customs union and a “close” relationship with the single market would win a majority in the Commons and have the backing of business, John McDonnell has said. The shadow chancellor said Labour MPs would vote in favor of a Brexit deal that “protects jobs and the economy” but acknowledged that was “not the way it is at the moment” under Theresa May’s strategy.

• Thursday, November 1st 2018 - 06:30 UTC

  UK's Brexit secretary expects an agreement with EU finalized before 21 November

  

  Britain's Brexit secretary has told lawmakers that he expects a long-elusive divorce deal with the European Union to be finalized before November 21, though there is still little sign of a breakthrough on the vexed issue of the Irish border.

• Wednesday, October 31st 2018 - 08:49 UTC

  Foreign Office plans major embassy and staff expansion ahead of post-Brexit

  

  Foreign Secretary Jeremy Hunt announced on Tuesday announced a major expansion of Britain's diplomatic network around the world, five months before it leaves the European Union. For the first time, people from outside the civil service will be eligible to become ambassadors as the Foreign Office seeks to swell its numbers by almost 1,000.

• Tuesday, October 30th 2018 - 08:40 UTC

  UK Budget time: “Austerity coming to an end” announces Chancellor Hammond

  

  Chancellor of the Exchequer Philip Hammond has said the “era of austerity is finally coming to an end”, in his last Budget before Brexit. He spent a windfall from better public finances on more money for universal credit and bringing forward planned income tax cuts by a year.

• Sunday, October 28th 2018 - 22:04 UTC

  Europe back into winter time as clock changing moves closer to history books

  

  Europe turned back its clocks Sunday to leave Summer's daylight saving time probably for the last time after a poll this year showed 84% of 4.6 million people favoured the daylight saving time change be abolished.