Theresa May presses MPs to pass her Brexit deal after three rejections in parliament May 22, 2019 Theresa May is set to publish the details of her Brexit deal bill on Friday, she said today as she urged MPs to pass it at the fourth time of asking. Read more: Sterling hits four-month low as Tories turn on May's Brexit deal The Prime Minister called for “compromise on all sides” ahead of [...]
Sterling hits fresh four-month low as Tories turn on May’s Brexit deal May 22, 2019 The pound has fallen to a fresh four-month low today as political crisis over Brexit mounts in Westminster. Read more: May loses support for Brexit deal after offering vote on second referendum Sterling had fallen 0.4 per cent against shortly before 12.30pm to buy $1.265, its lowest price since the start of January. Investors sold [...]
Nigel Farage’s Brexit party on track to destroy Tories with 37 per cent of EU elections vote May 22, 2019 The Brexit party is on course to deliver a crushing blow to the Conservatives at the EU elections later this week, polling data revealed today. Read more: London house prices suffer UK's steepest fall Nigel Farage’s party will win a staggering 37 per cent of the public vote, according to Yougov’s latest survey. That is [...]
Puzzled over Australia’s shock election result? Economics can help explain May 22, 2019 The surprise of the week was the re-election of the centre-right Coalition government in the Australian General Election. The Labor opposition had led every major opinion poll for the past two years. But Scott Morrison of the Coalition is still Prime Minister – and it is his Labor opponent who is resigning as leader. Economists, regardless [...]
Theresa May loses support for her Brexit deal after offering vote on second referendum May 21, 2019 Theresa May’s latest gamble to win support for her beleaguered Brexit deal has spectacularly backfired in a humiliating blow for the Prime Minister. May revealed Brexit legislation set to be put before MPs would contain a vote on whether to hold a second referendum in a bid to win over Labour support for her deal. But [...]
Theresa May: MPs will get a vote on whether to hold a second Brexit referendum May 21, 2019 Theresa May has promised MPs a vote on whether to hold another referendum if they back her Withdrawal Agreement Bill in two weeks' time. The Prime Minister has said MPs who are looking for a second referendum on a Brexit deal first need a deal to put to the public and the necessary legislation – [...]
Theresa May to set out ‘new’ Brexit deal in speech this afternoon May 21, 2019 Theresa May will unveil a “new” Brexit deal on Tuesday afternoon in a public plea for MPs to support her plan for leaving the EU. The Prime Minister will use a speech at 4pm to set out what will be in the Withdrawal Agreement Bill (WAB), set to be voted on by MPs in two weeks time. [...]
Sterling falls below $1.27 for first time since early January as Brexit fears intensify May 21, 2019 Sterling has fallen below $1.27 for the first time since the beginning of the year as Brexit fears intensify. It comes as Prime Minister Theresa May prepares to unveil her “new and improved” Brexit plan to her Cabinet this afternoon in a bid to pass a deal through parliament at the fourth time of asking. [...]
Jeremy Corbyn hints at softened stance on freedom of movement May 19, 2019 Jeremy Corbyn has hinted that Labour could be prepared to accept freedom of movement if it were leading the Brexit negotiations with Europe. Freedom of movement is one of the four governing principles of the EU, along with the free movement of goods, services and capital. The party had previously ruled out freedom of movement, [...]
Theresa May promises MPs a ‘new and improved’ Brexit deal ahead of vote in June May 19, 2019 Theresa May has promised to put a "new and improved" deal before MPs when they are asked to vote on the Withdrawal Bill in the first week of June. The Prime Minister, who will soon agree her departure date from Downing Street, promised that the Withdrawal Agreement Bill (WAB), which will enshrine the Withdrawal Agreement into law, [...]