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Brexit

  • Donald Tusk says UK would be welcome to remain in EU if Brexit deal not reached

    November 15, 2018

    European Council president Donald Tusk has said that the UK would be welcome to remain in the EU if a deal could not be reached. The former Polish prime minister told reporters in Brussels today that: “The EU is prepared for a final deal with the United Kingdom in November. “We are also prepared for a [...]

  • Brexit deal: Who resigned, when they resigned, and what they told Theresa May

    November 15, 2018

    Dominic Raab – Brexit Secretary – 9.55am “I understand why you have chosen to pursue the deal with the EU on the terms proposed, and I respect the different views held in good faith by all of our colleagues. “For my part, I cannot support the proposed deal for two reasons. First, I believe that [...]

  • Theresa May vows to fight on amid cabinet resignations and calls to quit

    November 15, 2018

    A defiant Theresa May vowed to fight any challenge to her leadership after she faced a host of ministerial resignations and calls for her to quit. On yet another day of high drama in Westminster, Brexit secretary Dominic Raab resigned his position in protest at May’s draft exit deal with Brussels, and was soon followed [...]

  • England housing stock increases but housebuilders still fall short of target

    November 15, 2018

    The number of new homes completed in England in the last year reached its highest level in a decade, but growth has plummeted as Brexit uncertainties take hold. Just over 222,000 more homes were added to England’s housing stock in 2017-2018, according to figures released today by the minister of housing, communities and local government (MHCLG). [...]

  • Profit or purpose? Business must find a better balance

    November 15, 2018

    Last week, I attended a meeting of entrepreneurs backing Small Business Saturday (coming up on 1 December) to look at a survey of what motivates these firms. I expected a tirade against red tape and tax. What we got was the news that, of over 1,000 SMEs polled, only 60 per cent were primarily driven [...]

  • Theresa May’s future hanging by a thread as leading Brexiters call on her to go

    November 15, 2018

    Theresa May’s future hangs by a thread this afternoon after leading Brexiter Jacob Rees-Mogg called for her to be ousted as Prime Minister. The North East Somerset MP, who chairs the European Research Group of Conservative Brexiters, sent in a letter on Thursday calling for the Prime Minister to be subject to a confidence vote. [...]

  • ‘This is not Brexit’: Jacob Rees-Mogg submits no confidence letter against Prime Minister Theresa May

    November 15, 2018

    Jacob Rees-Mogg has submitted a letter of no confidence in Prime Minister Theresa May. A spokesman for Mogg’s pro-Brexit European Research Group confirmed he has submitted the letter, after challenging the Tory leader in parliament over her Brexit deal. "What has been achieved today is not Brexit," Mogg told reporters this afternoon. "It is impossible to agree [...]

  • Work and Pensions secretary Esther McVey adds to growing list of Brexit resignations

    November 15, 2018

    Esther McVey, secretary for the Department of Work and Pensions, has resigned this morning over the government's proposed Withdrawal Agreement from the European Union. McVey's exit follows the departures of both Brexit secretary Dominic Raab and Northern Ireland minister Shailesh Vara this morning. Additionally, junior education minister Anne-Marie Trevelyan and Brexit under-secretary Suella Braverman have stepped down. [...]

  • Great Portland Estates launches £200m share buyback, but warns it could be stopped by Brexit

    November 15, 2018

    Great Portland Estates has launched a share buyback to return £200m to its shareholders, it said today. The property developer is set to repurchase 42m of its own shares over the next 12 months, in a deal backed by Merrill Lynch and JP Morgan Securities. The company said it had decided to re-invest £200m of [...]

  • Dominic Raab resigns as Brexit secretary, calling withdrawal agreement ‘a very real threat’ to the UK’s integrity

    November 15, 2018

    Dominic Raab resigned as Brexit secretary this morning, calling the UK's withdrawal agreement "a very real threat to the integrity of the United Kingdom". Sterling plunged to 1.285 against the dollar in reaction to the news. Raab, who helped negotiate the UK’s withdrawal agreement with Brussels, added that the Prime Minister’s proposed deal breaks promises [...]

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