Over 50 business leaders have called for an “urgent” decision on airport expansion almost exactly a year after an official report lent its support to a new Heathrow runway June 27, 2016 Over 50 business leaders have called on the government to urgently make a decision on expansion of capacity at London's airports, a year after an official report backed a new runway at Heathrow. Prior to last week's Brexit vote, reports had suggested that a decision could be made as soon as 7 July. However, following [...]
Sadiq Khan and the City of London corporation have promised to fight for the rights of City businesses to access customers in the EU June 26, 2016 The Mayor of London has vowed to fight for the City's access to Europe's single market, including vital rights estimated to be worth billions to UK-based institutions. Sadiq Khan last night told City A.M. the loss of passporting – the system that allows UK-regulated banks to operate across the European Union – would be “a disaster”. [...]
Two backbench Labour MPs have tabled a motion of no confidence in their leader Jeremy Corbyn June 24, 2016 Two of Labour's senior backbenchers have tabled a motion of no confidence in Labour leader Jeremy Corbyn following the UK's vote to leave the EU. Margaret Hodge, former chair of the public accounts committee, tabled the motion, which was seconded by Stockport MP Ann Coffey. The pair have authored a letter to Parliamentary Labour Party [...]
German chancellor Angela Merkel has invited a string of European leaders for a mini summit in Berlin following Britain’s vote to leave the EU June 24, 2016 German chancellor Angela Merkel is to host a mini summit of European leaders next week, following the UK's vote to leave the EU. Merkel said today that she had invited European Council president Donald Tusk, French president Francois Hollande and Italy's prime minister Matteo Renzi to talks in Berlin next week. Merkel added that the [...]
Former London mayor Boris Johnson has warned against rushing Brexit mechanisms after yesterday’s referendum June 24, 2016 Former London mayor Boris Johnson has resisted calls to push for an immediate separation from the European Union. Johnson, the favourite to succeed Prime Minister David Cameron, said that after yesterday's decisive referendum there is little need to rush procedures. “There is no need for haste,” Johnson said, speaking for the first time since the [...]
A Spanish government minister has proposed shared-sovereignty over Gibraltar just hours after the UK voted to leave the European Union: AFP June 24, 2016 The Spanish government has reportedly proposed shared sovereignty over Gibraltar after the UK voted to leave the European Union. Gibraltar was the first counting area to declare following yesterday's vote and overwhelmingly supported EU membership. AFP reports that Spanish foreign minister Jose Manuel Garcia-Margallo said on Spanish radio that the government would allow Gibraltar to retain [...]
Bookies cut the odds on Boris for next Prime Minister June 24, 2016 Boris Johnson has been named as early favourite to replace David Cameron as Prime Minister by William Hill and Ladbrokes. The bookmakers have both named the former London mayor as even money favourite to become the next elected Conservative leader, with William Hill cutting Johnson from 11/4, and Ladbrokes cutting his price from 6/4. Home secretary [...]
London mayor Sadiq Khan has said it is “crucial” for UK to remain in single market, despite yesterday’s Brexit vote June 24, 2016 London mayor Sadiq Khan has sought to reassure business and investors of the city's status, while also noting that the UK's membership of the single market remains "crucial". Brexit campaigners, including Boris Johnson, have been clear that the UK must detach from the market. However, Khan said that despite yesterday's Leave vote, the UK should still retain [...]
David Cameron will step down as Prime Minister by October June 24, 2016 Prime Minister David Cameron has announced his resignation after the UK voted to leave the European Union. Speaking this morning, Cameron said he would continue in office for a short spell, and hoped for a new Prime Minister to be in place by the time of the Conservative Party conference in October. He added that it [...]
Ukip leader Nigel Farage has called for a new bank holiday to mark Britain’s vote to leave the EU June 24, 2016 Ukip leader Nigel Farage has called for a new bank holiday to be created to mark the UK's vote to leave the European Union. Speaking this morning, Farage called for 23 June to be marked as an “independence day” holiday, and said that the referendum had been won by a disconnection between Westminster and the concerns [...]