Brexit: These are the MPs who have submitted no confidence letters to the 1922 Committee November 16, 2018 The number of MPs who have admitted to sending no confidence letters in Prime Minister Theresa May surpassed more than 20 today as the threat of a no confidence vote grows. A total of 48 letters must be sent to Sir Graham Brady, chair of the influential backbench 1922 Committee in order to trigger such a [...]
Europe’s top banker warns of eurozone ‘uncertainty’ November 16, 2018 The European Central Bank will push ahead with plans to roll back its stimulus package at the end of the year, the bank’s chief said today. ECB president Mario Draghi said he still expects the eurozone economy to keep expanding, but warned that there is increasing uncertainty. “If firms start to become more uncertain about [...]
Gove and Fox to remain in May’s cabinet to work on Brexit’s future November 16, 2018 Michael Gove and Liam Fox have said they will continue serving in Theresa May’s cabinet, after stating they had confidence in the Prime Minister and the future of Brexit. Environment secretary Gove had been widely tipped as the Prime Minister’s next major resignation after eight ministers, MPs and officials quit over Downing Street’s draft Brexit agreement yesterday. He [...]
Sterling and stocks steady after plunging in the wake of Theresa May’s Brexit deal November 16, 2018 Sterling held steady during Friday's early trading after a day of turmoil on Thursday, which saw several ministerial resignations in the wake of Theresa May's draft Brexit deal. The pound rose by 0.3 per cent to above the $1.28 mark, having plummeted by its biggest margin for two years, yesterday. The FTSE 100 and FTSE 250 [...]
Theresa May admits she harbours ‘concerns’ over Brexit deal’s Irish backstop agreement November 16, 2018 Theresa May admitted she has concerns over her Brexit deal’s strategy to avoid a hard border in Ireland as she resisted calls to step down as Prime Minister on LBC today. A string of MPs have resigned so far over her Brexit withdrawal agreement, which puts the UK in a temporary customs union with the [...]
Michael Gove ‘may quit cabinet’ over Brexit deal November 16, 2018 Environment secretary and Brexiter Michael Gove is reportedly considering resigning from the cabinet this morning. Gove turned down the role of Brexit minister following Dominic Raab’s resignation yesterday, City PM understands, over fears he would not be allowed to renegotiate a Brexit deal after the Prime Minister’s proved hugely unpopular with senior ministers in her [...]
It’s not just parliament facing a Brexit showdown: Brussels also has a big dilemma on its hands November 16, 2018 Two months is an exceedingly long time when it comes to Brexit. But try, if you will, to cast your minds back to September and the run up to the Conservative party conference. On more than one occasion EU leaders suddenly and unexpectedly changed tone and delivered Prime Minister Theresa May a vote of confidence. [...]
Kleinman: Beat Barxit? Jes he can – for now November 16, 2018 Come again? The fawning of business leaders who dialled into a conference call with the chancellor and business secretary after Theresa May’s Brexit deal announcement on Tuesday was stunning in its obsequiousness. Particularly odd was Sir Gerry Grimstone who – sitting alongside fellow Barclays board members John McFarlane and Sir Ian Cheshire – took it [...]
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 [...]
Facebook blasted by Soros foundation for ‘smear campaign’ November 15, 2018 Social media giant Facebook has reportedly severed ties with a public relations firm that allegedly linked its left wing critics to US billionaire George Soros. A story in the New York Times revealed that Facebook had employed Definers, a Republican PR firm, to discredit activist protestors, in part by linking them to Soros. The Open [...]
