Given the upcoming Brexit hurdles, what’s in store for sterling? November 21, 2018 The long-awaited draft withdrawal agreement was unveiled last Wednesday, and for a fleeting moment, it felt like we were finally getting somewhere. News that Theresa May had reached a deal pushed the pound up a notch against the dollar. But, as is often the case with anything Brexit-related, optimism was short-lived. May’s deal was fiercely [...]
This Thanksgiving, be grateful for the political freedom to campaign November 21, 2018 Tomorrow is the fourth Thursday in November, so Americans, in the US and across the world, will be celebrating Thanksgiving. Whenever I have been invited to Thanksgiving dinners, one of my favourite traditions is when everyone sitting around the table mentions something which they are grateful for in their lives. People often mention something personal [...]
Max fac is back to help solve Irish backstop worries, Downing Street reveals November 20, 2018 Theresa May is reviving plans to use technology to prevent a hard border with Ireland in a bid to win support for her under-fire Brexit deal. The so-called maximum facilitation proposal – dubbed ‘max fac’ – was one of the customs arrangements considered by the Government last year before being dismissed. It has support among [...]
Jacob Rees-Mogg admits no confidence letters are drying up in plot to oust Theresa May November 20, 2018 Jacob Rees-Mogg has admitted the ousting of Theresa May may have to wait until next month after the Brexiter plot ran out of steam this week. The high-profile Brexiter, chairman of the European Research Group of Tory MPs, used an impromptu press conference last Thursday to announce he would be putting in a letter of [...]
Spain threatens to reject draft Brexit deal unless Gibraltar is excluded from EU talks November 20, 2018 Spanish Prime Minister Pedro Sanchez has said his country will reject the draft Brexit deal unless it makes clear that talks regarding the status of Gibraltar will be considered separately. Spain holds a claim to Gibraltar, which came under Britain's control following the 1713 Treaty of Utrecht. The BBC reported that Spain has said it [...]
Labour’s childish antics over Brexit are an embarrassment November 20, 2018 The Brexit deal is on the table and the bids to support it, scrap it, or make it utterly redundant are now in full swing. As Theresa May moves forward with her plan to engineer a parliamentary majority for a proposed exit deal, clear political camps have begun to form. The Tory moderates who have [...]
Boris’s water cannon fetch junk price as they are sold off for scrap November 19, 2018 Three water cannon bought and renovated for over £300,000 by former London mayor Boris Johnson will be broken down for scrap after being sold for a fraction of their value. The machines, which were never used, have been sold for parts to Reclamations (Ollerton) Ltd for just over £11,000, the mayor’s office announced yesterday. The [...]
Equinix to spend £90m on Slough data centre to support the City’s increasing reliance on data November 19, 2018 Technology infrastructure giant Equinix is building a £90m flagship data centre to support increased reliance on data by City firms, the company said today. The US firm said the new and expanded facilities will support growing volumes of data, including increased traffic in the City. The project, dubbed LD7, is due to be completed in early 2019. The new facility [...]
McLaren boss backs May’s Brexit plan, saying no deal is ‘not an option’ for businesses November 19, 2018 The boss of car manufacturer McLaren has backed Theresa May’s draft Brexit agreement, saying crashing out of the European Union without a deal is “not an option” for British industry. Mike Flewitt said May’s withdrawal agreement, which the Prime Minister is currently trying to sell to her MPs, would “provide urgently-needed certainty and an implementation period [...]
Theresa May wants UK to be out of EU transition period before general election in 2022 November 19, 2018 Theresa May has reaffirmed her commitment to taking the UK out of the EU transition period in time for the next scheduled general election in 2022. Delivering a keynote speech at the Confederation of British Industry (CBI), May hinted that she would not let the transition period extend until the end of 2022. The pound slipped [...]
