Tag: Brexit

#Brexit set to hurt UK investment for years – BoE’s Haskel

#Brexit set to hurt UK investment for years – BoE’s Haskel

| March 18, 2019

British business investment will probably stay weak for the next few years because of uncertainty linked to Brexit, a Bank of England (BoE) interest-rate setter said, calling into question suggestions of a Brexit deal “dividend” by the finance minister, writes Andy Bruce. As Jonathan Haskel (pictured) gave his first speech since joining the BoE’s Monetary Policy […]

Continue Reading

Labour will support a limited #Brexit extension – finance spokesman

Labour will support a limited #Brexit extension – finance spokesman

| March 18, 2019

Britain’s opposition Labour Party will support a limited extension to the Brexit date beyond 29 March to seek a compromise that can be backed by lawmakers, the party’s finance spokesman John McDonnell (pictured) said, writes Paul Sandle. “We will be putting an amendment down to ensure parliament considers an extension, it doesn’t necessarily have to be […]

Continue Reading

Hammond says possible EU will insist on long #Brexit delay

Hammond says possible EU will insist on long #Brexit delay

| March 18, 2019

British Finance Minister Philip Hammond (pictured) said the European Union might insist on a long delay to Brexit if the UK government requests an extension to the process, writes James Davey. On Wednesday, Britain’s parliament rejected leaving the EU without a deal, further weakening Prime Minister Theresa May and paving the way for a vote […]

Continue Reading

EU says no more #Brexit talks with UK, risk of no-deal increased

EU says no more #Brexit talks with UK, risk of no-deal increased

| March 15, 2019

The European Union will not negotiate Brexit again, it said this week, after Britain’s parliament rejected the divorce package for a second time in a vote that made a chaotic no-deal scenario more likely, write Gabriela Baczynska and Jan Strupczewski. “The EU has done everything it can to help get the Withdrawal Agreement over the line,” Brexit negotiator […]

Continue Reading

EU’s Barnier says Britain won’t get transition without #Brexit deal

EU’s Barnier says Britain won’t get transition without #Brexit deal

| March 15, 2019

Britain will not get a post-Brexit transition period unless the House of Commons ratifies the divorce package, the bloc’s chief negotiator Michel Barnier (pictured) said this week after parliament in London voted the deal down again, writes Gabriela Baczynska. “Listening to debate in the House of Commons: there seems to be a dangerous illusion that the UK […]

Continue Reading

UK says would cut tariffs, no checks on Irish border in no-deal #Brexit

UK says would cut tariffs, no checks on Irish border in no-deal #Brexit

| March 15, 2019

Britain said on Wednesday (13 March) it would eliminate import tariffs on a wide range of goods and avoid a so-called hard border between Ireland and Northern Ireland in the event of a no-deal Brexit, writes William Schomberg. The government announced the moves, which it said would be temporary. Prime Minister Theresa May suffered a second, […]

Continue Reading

#Brexit – Britain must leave EU by 23 May or hold own EU vote

#Brexit – Britain must leave EU by 23 May or hold own EU vote

| March 14, 2019

Britain must leave the European Union by the time EU voters elect a new European Parliament on 23-26 May or will have to elect its own EU lawmakers, European Commission President Jean-Claude Juncker has said, writes Alastair Macdonald in Brussels. Writing to EU summit chairman Donald Tusk after agreeing a deal to break the Brexit deadlock […]

Continue Reading