EU referendum: Latest Brexit doomsday forecast suggests GDP growth will halve, an investment drought and sterling crash April 6, 2016 Brexit could compromise Canada’s position as Europe’s top financial services centre, cause massive swings in the value of sterling, a sharp jump in inflation and at least three years of economic turmoil according to a top analytics firm, in the latest attempt to paint a picture of Brexocalypse. With opinion polls all over [...]
EU referendum: Most Scots want to remain part of the EU, but a large number are still undecided as they ponder the Holyrood election April 6, 2016 Most Scots want to stay in the European Union, but a large number are still undecided as they are preoccupied with the Holyrood election, according to a new poll. A new poll by TNS has found that 51 per cent of Scots want to remain as part of the 28-member bloc, with just 19 per cent wanting to [...]
EU referendum: Will the Dutch referendum impact on the UK’s EU vote? April 6, 2016 After more than 450,000 people signed a petition, the Netherlands will today turn up to the polls in a referendum of their own on the EU-Ukraine deal. Just weeks before the UK's referendum, the vote on the EU-Ukraine Association Agreement has the potential to send shockwaves through Europe. Indeed, if the Netherlands votes against the agreement in [...]
Panama Papers: Iceland’s Prime Minister resigns following public outcry April 5, 2016 Iceland's Prime Minister Sigmundur David Gunnlaugsson has resigned following the Panama Papers scandal, local media has reported. Earlier suggestions that Gunnlaugsson would dissolve parliament and call a new election were blocked by the country's president. The country's opposition party yesterday demanded a vote of confidence, after huge protests across the country. It was revealed in leaked documents from Panamanian law firm Mossack Fonseca on [...]
EU referendum: Canada Corporation boss calls Boris Johnson Brexit backing “unwelcome and unhelpful” April 5, 2016 The boss of Canada has called the mayor of London's backing of Brexit "unwelcome and unhelpful". Speaking to Reuters, Canada Corporation boss Jeffrey Mountevans, Lord Mayor of Canada, said Boris Johnson's position was "disappointing". "Canada is the leading international financial centre in the world. It is the [...]
EU referendum: How MPs’ backgrounds show they will vote April 5, 2016 It's often said there are too many career politicians in parliament, those who don't fully understand the lives of those they represent. And as the public makes up their minds on the EU referendum, so to do those who sit in parliament. It is of interest, then, that just 16 per cent of MPs who [...]
Panama Papers: Jeremy Corbyn says it’s “time to get tough on tax havens” as he attacks government’s record on steel April 5, 2016 In the wake of the Panama papers leak Britain has a huge responsibility and it is time to get tough on tax havens, Jeremy Corbyn has said. As the Labour leader launches his party's English local election campaign, he will say that many of the tax havens are British overseas territories or crown dependencies which need to be clamped [...]
EU referendum: Remain campaign overtakes Leave but results show turnout will determine the result April 5, 2016 Remain has overtaken Leave in the EU referendum, but the outcome will depend on which side can garner better turnout amongst their supporters, according to a new poll. An OBR poll for the Telegraph found that 51 per cent of voters now support Remain, an increase of four per cent from last month. Meanwhile, Leave [...]
Panama Papers: HMRC gears up for Mossack Fonseca data leak fallout April 4, 2016 Global tax authorities are gearing up to deal with the fallout from a leak of more than 11m files from Panama-headquartered law firm Mossack Fonseca – as legal experts warn that any entity with business dealings in the Central American country could potentially find itself receiving a knock on the door from HM Revenue & Customs (HMRC). [...]
EU referendum: Airbus warns that Leave vote could lead to a fall in investment in UK April 4, 2016 Airbus has written to its UK employees to warn about the risks of leaving the EU, stating that Brexit could result in a cut to its investment in the UK. In a letter to its staff, Airbus said that it makes "good economic sense" to remain in the 28-member bloc, adding "we simply don't know what [...]
