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  • Current Event
    2 years ago
    by geoleo
    +9 +1

    Workers ‘feel shafted’ by Brexit, says TUC leader

    The TUC is stepping up attempts to make sure employment rights are not affected by the EU referendum result, amid fears workers are being “shafted”. Workers are still paying the price of the financial crisis, with wages £40 a week lower than before the crash, and they could face a fresh assault on pay and conditions as a result of Brexit, the union organisation said. General Secretary, Frances O'Grady, said she was determined to make sure unions have a voice in the negotiations taking place to prepare the UK for life outside the EU.

  • Current Event
    2 years ago
    by spacepopper
    +12 +1

    Britons may have to pay fee to visit Europe under post-Brexit visa plan

    Britons may be forced to pay a fee in order to visit Europe after Brexit, according to plans reportedly being drafted by the European Commission (EC). A scheme being debated by the executive body of the European Union suggests the 26-nation Schengen zone, which does not include the UK, could operate a visa programme comparable to the United States' ESTA scheme, according to the Guardian. Currently, the US ESTA system requires travellers from participating countries from the Visa Waiver Programme (VWP) to apply to visit online. Since 2010 a payment of $14 (£10) has been required to obtain the ESTA.

  • Current Event
    2 years ago
    by socialiguana
    +21 +1

    UK must speed up infrastructure plans to cope with Brexit hit

    Britain's government needs to speed up its decision-making on big infrastructure projects to help the country's economy withstand a slowdown caused by the Brexit vote, a leading employers group said on Monday. The British Chamber of Commerce cut its forecasts for economic growth in 2016 to 1.8 percent from a previous estimate of 2.2 percent and it also downgraded its 2017 and 2018 growth forecasts to 1.0 percent 1.8 percent respectively.

  • Current Event
    2 years ago
    by bradd
    +15 +1

    Theresa May could begin Brexit process by February, says Tusk

    UK Prime Minister Theresa May is likely to trigger the formal process of leaving the European Union early next year, according to a top EU official. European Council President Donald Tusk said Mrs May had told him the UK could be ready to begin talks by February. The BBC's Tom Bateman says this is the clearest sign yet of when the two-year withdrawal process may start. Mrs May's office said it would not be launched this year, but did not confirm Mr Tusk's account.

  • Current Event
    2 years ago
    by socialiguana
    +16 +1

    Slovakia says Europe will make Brexit ‘very painful’ for UK

    Europe will make Brexit “very painful” and ensure Britain is worse off outside the EU, Slovakia's premier has said, as he dismissed the UK's confidence about divorce talks as “bluff”. Robert Fico gave voice to the truculent mood in eastern Europe over...

  • Current Event
    2 years ago
    by funhonestdude
    +2 +1

    Poll: ‘Half of Brexit backers believe government will secure good deal’

    Only around half (53%) of the voters who backed Brexit think the Government can get a good deal for the economy when negotiating Britain’s exit from the European Union, a new poll suggests. The Institute for Government survey found that figure dropped to just a quarter (25%) for Remain voters in a sign of the challenge facing Theresa May.

  • Current Event
    2 years ago
    by Chubros
    +21 +1

    Historic misunderstanding underlies UK-EU relationship on Churchill anniversary

    Exactly 70 years ago, on September 19, 1946, Sir Winston Churchill delivered his famous speech in Zurich calling for the creation of “a United States of Europe”. Britain’s wartime leader was revered across the continent for his role in the defeat of Nazi Germany, despite the fact that he had lost office as UK prime minister after the general election of 1945. His ringing call for reconciliation between France and Germany, and “the re-creation of the European family”, struck a chord for both the victors and the vanquished emerging from the devastation of two world wars.

  • Analysis
    2 years ago
    by Chubros
    +8 +1

    Brexit has had 'no major effect' on economy so far

    There has been little impact of the Brexit vote on the UK economy so far, says the Office for National Statistics (ONS). "The referendum result appears, so far, not to have had a major effect," its chief economist Joe Grice said. Official figures have not yet reflected the collapse in confidence predicted by some surveys since the referendum. But the ONS warned that we have not yet had official figures for the service sector, which are due next week.

  • Current Event
    2 years ago
    by socialiguana
    +21 +1

    Science report shelved for being ‘too pro-EU’

    Britain’s £60-billion pharmaceutical and life sciences industry shelved a report calling for the government to pursue a “soft Brexit” strategy after being warned by ministers that it was too pro-EU. Sir Andrew Witty, head of GlaxoSmithKline, and other industry leaders met ministers from the Brexit department this month. They presented the findings of a two-month consultation calling for the preservation of free movement of goods and scientific talent post-Brexit and a “common regulatory framework” for the drugs industry.

  • Current Event
    2 years ago
    by junglman
    +20 +1

    Anti-Brexit group challenges UK government over Article 50 disclosure

    A group opposed to Britain's exit from the European Union has accused the government of refusing to allow it to make public the official justification for triggering Article 50 to start the Brexit process without a parliamentary vote. The British government's position is that it has no legal obligation to consult parliament on invoking Article 50 of the EU's Lisbon Treaty which will give Britain a two-year period to work out the terms of its departure.

  • Current Event
    2 years ago
    by 66bnats
    +25 +1

    US bank bosses from Goldman Sachs, Morgan Stanley and BlackRock threaten Theresa May with relocation

    The bosses of several of America’s biggest banks and corporations have warned Theresa May they will pre-emptively shift operations into Europe unless she can provide early clarity on the future shape of EU-UK relations, The Telegraph has learned. The ultimatum was delivered at a round-table meeting with Mrs May in New York this week attended by a host of key US investors, including major City investors such as Goldman Sachs, Morgan Stanley and BlackRock.

  • Current Event
    2 years ago
    by rawlings
    +16 +1

    Liam Fox: Brexit is a 'golden opportunity'

    The UK's trade with the European Union will be "at least as free" after Brexit as it is now, Liam Fox says. The International Trade Secretary said it was in other countries' interests to avoid tariffs which he said would "harm the people of Europe". He also predicted the UK would be a standard-bearer for global free trade and that Brexit represented a "golden opportunity" to forge new links.

  • Current Event
    2 years ago
    by darvinhg
    +6 +1

    UK spending grew strongly post-Brexit

    The UK services sector grew 0.4% in July, much more strongly than expected in the wake of June's vote to leave the European Union. It shows consumers carried on spending as normal after June's Brexit vote. Other figures from the Office for National Statistics (ONS) show economic growth accelerated faster than thought in the run-up to the referendum. Gross Domestic Product (GDP) grew by 0.7% in the three months to the end of June, up from the 0.6% first estimated. The second-quarter figures were well up from the 0.4% growth of the previous quarter.

  • Current Event
    2 years ago
    by rawlings
    +16 +1

    Donegal Border Communities Against Brexit make their point

    Donegal Pharmacist Tom Murray has called on all the county's TDs and Councillors - from all parties and none - to oppose the re-imposition of border restrictions in the wake of the Brexit vote and to start standing up for the right of the North to remain within the EU. Mr Murray heads the Donegal branch of Border Communities Against Brexit. This is a group of people representing the business, community and farming sectors...

  • Current Event
    2 years ago
    by bradd
    +21 +1

    European customers are boycotting British cars, says Jaguar Land Rover boss

    Europeans have been boycotting British cars since the Brexit vote, according to the boss of the nation’s biggest auto firm, Jaguar Land Rover. Dr Ralf Speth, chief executive of JLR, also joined senior figures at rival firms in warning that a hard Brexit would damage the car industry, which supports around 800,000 jobs. Speaking at the Paris Motor Show, Speth said JLR’s European sales team have reported customers turning their noses up at British cars after the vote to leave the EU.

  • Current Event
    2 years ago
    by geoleo
    +4 +1

    ‘Tory scum, get out of Brum!’ Theresa May is in town... and the Left is raging

    The Conservatives arrived in Birmingham to a predictably warm welcome.

  • Current Event
    2 years ago
    by geoleo
    +20 +1

    Economic ills of the UK extend well beyond Brexit

    British economic policymakers confront big challenges. They have to manage departure from the EU with the minimum damage. They also need to make the UK economy far more dynamic. The latter cannot be achieved if they do not abandon the myth that

  • Current Event
    2 years ago
    by zritic
    +19 +1

    Britain will be fastest growing G7 economy this year, says IMF

    The International Monetary Fund has predicted the UK will be the fastest growing of the G7 leading industrial countries this year and accepted that its prediction of a post-Brexit-vote financial crash has proved to be overly pessimistic. But while the Washington-based IMF said Britain would have a “soft landing” in 2016 with growth of 1.8%, it stuck to its view that the economy would eventually suffer from the shock EU referendum result and said expansion next year would be just 1.1% – lower than it expected in the immediate aftermath of the Brexit vote.

  • Current Event
    2 years ago
    by messi
    +32 +1

    The pound just slumped to a 31-year low

    Fears of the consequences of a Hard Brexit have sent the pound tumbling to a new 31-year low against the dollar. Speaking at the Conservative Party's annual conference in Birmingham on Sunday, Theresa May has ended weeks of speculation and revealed that she will launch formal Brexit talks with EU leaders before the end of March 2017. The timing means the UK looks set to leave the EU by summer 2019.

  • Current Event
    2 years ago
    by dynamite
    +8 +1

    UKIP's Steven Woolfe in hospital 'after altercation'

    UKIP leadership hopeful Steven Woolfe says he is recovering in hospital after a reported fight at a meeting of the party's MEPs. The party released a statement from Mr Woolfe from his Strasbourg hospital bed saying he was sitting up having undergone a precautionary brain scan. UKIP sources said "punches were exchanged" during the row at a party meeting and Mr Woolfe banged his head. He was taken to hospital two hours later after collapsing, sources said.

  • Current Event
    2 years ago
    by Petrox
    +17 +1

    'Falling pounds helps Britain's economy', BoE says

    Bank of England deputy governor Ben Broadbent claims the weakening value of the pound is aiding Britain's economic growth. At a speech in London hosted by the Wall Street Journal, Broadbent said sterling's depreciation had 'supported the economy' by stimulating investment activity. The Bank policymaker said there was 'little doubt' the country's economy had fared better than many analyst surveys expected after June's Brexit vote.

  • Expression
    2 years ago
    by Apolatia
    +26 +1

    JP MORGAN CEO: Brexit makes euro collapse '5 times more likely'

    The UK's vote to leave the European Union has made the chance of a Eurozone collapse five times more likely, JP Morgan CEO Jamie Dimon said.

  • Current Event
    2 years ago
    by rhingo
    +5 +1

    Norway rejected post-Brexit trade pact with UK

    Britain wanted to create a formal task force to work with Norway on a post-Brexit free trade agreement, but the Norwegian rejected the overture according to a new report. Business daily Dagens Næringsliv reported that the UK’s international trade secretary, Liam Fox, lobbied his Norwegian counterpart, Minister of Trade and Industry Monica Mæland, for Norway to join the United Kingdom in establishing a task force to prepare a new trade agreement for when the Brits formally leave the EU.

  • Current Event
    2 years ago
    by sauce
    +16 +1

    Brexit: Hayes suggests North could become ‘associate member’ of EU

    A senior Irish MEP has suggested Northern Ireland should be given “associate membership” of the European Union after Brexit, with the Irish State paying its annual funding contribution. Fine Gael’s Brian Hayes last night said such an arrangement would allow Northern Ireland the right to trade on full or limited terms into the EU, and not be subject to the tariffs. He said while the Constitutional position of the North was settled and it would remain part of the United Kingdom, he said its trading relationship with the EU and with Ireland could be different.

  • Current Event
    2 years ago
    by geoleo
    +3 +1

    Corbyn submits note from mum for Brexit debate

    JEREMY Corbyn cannot take part in a parliamentary Brexit debate because of his asthma, a note from his mother has confirmed. Following the prime minister’s U-turn over a Brexit strategy debate, Corbyn’s office hand-delivered the note which excuses the Labour leader and suggests he could go to the Commons library and read instead. Speaker John Bercow said: “It’s not just Brexit. She’s also excused Jeremy from anything involving Russia, detailed discussion of budgeting apparently sets off his migraine, and of course he can’t be there when competitive sports comes up, not after last time.

  • Current Event
    2 years ago
    by aj0690
    +28 +1

    Theresa May rejects second independence referendum as she is warned she may be UK's last PM

    Theresa May has rejected the SNP’s claim that Brexit justifies staging another independence referendum as she was warned that her “days as Prime Minister of a United Kingdom are numbered" if Scotland’s remain vote is ignored. The Prime Minister’s official spokesman said Nicola Sturgeon should stick to her pledge that the 2014 referendum was a “once-in-a-generation” vote and urged her to respect Scots’ decision.

  • Current Event
    2 years ago
    by zritic
    +7 +1

    Theresa May needs to make clear that Remainers aren't traitors – and that Philip Hammond is just doing his job

    Although the spin-doctors hate headlines and about “split” and insist on "unity", it is actually good to have disagreements between senior politicians and especially ministers. Debate and even dispute almost always leads to better policy, because ideas are fully tested and examined. So it is, in principle, a good thing that there is dispute in the Cabinet about what form Brexit should take. It is right and proper and in the interests of the nation as a whole that ministers test all the options, examine all the ideas with the harshest of critical gazes.

  • Current Event
    2 years ago
    by geoleo
    +25 +1

    The number of people who regret voting for Brexit is now greater than the margin of victory for Leave

    It has become a commonplace: The notion that many people who voted "Leave" in the EU referendum now regret their vote because they didn't think "Leave" would win or they didn't realise the consequences of leaving the Single Market would be so bad. If you search for "Brexit I didn't think it would happen" you get dozens of stories about hapless voters who thought they were merely casting a protest vote, not fundamentally altering the economic and constitutional basis of the entire country.

  • Current Event
    2 years ago
    by dynamite
    +17 +1

    Theresa May to urge 'smooth Brexit' at EU summit

    Theresa May has pledged to continue to "work closely" with the EU after Brexit, as she arrived for her first Brussels summit as prime minister. She said it was important to have a "united European stance" against "Russian aggression", including "sickening" violence in Syria. The PM is expected to call for a "smooth, constructive, orderly" Brexit. The European Council president likened the summit to a "nest of doves", adding Mrs May would be "absolutely safe".

  • Current Event
    2 years ago
    by baron778
    +15 +1

    Stop Brexit party would beat Labour and Ukip in a general election

    A "Stop Brexit" party would beat Labour and Ukip if a general election were held tomorrow, a new survey has suggested. The YouGov poll of more than 4,500 adults in England and Wales found 50 per cent of people who opted for Remain during the EU referendum would vote for a new pro-EU membership party if given the choice. A further 3.9 per cent of people who voted Leave said they would support the anti-Brexit party.

  • Current Event
    2 years ago
    by junglman
    +2 +1

    UK to avoid recession in 2016, official figures expected to show

    Fears of a post-EU referendum recession in the second half of the year are expected to be proved unfounded by figures released this week. However, in the first official verdict on how the economy has performed since the Brexit vote, the Office for National Statistics (ONS) is expected to say growth more than halved from 0.7% in the second quarter to 0.3% between July and September. If the economists polled by Reuters are correct, it would be the slowest rate of growth since the third quarter of 2015...

  • Expression
    2 years ago
    by Nelson
    +22 +1

    The Demonisation of the Working-Class Shames Our Nation

    Something very nasty is happening. A group of people, the most exploited within our society, are under attack. Their marginalisation has been going on for years. But it has accelerated disturbingly since 23 June. Few among the political class really understand them. These people live in modest homes in the grittier parts of the country. They work in factories, call centres and on building sites, often for low wages. They like football and watch Coronation Street. They sometimes hold old-fashioned views around things such as religion, family and nationhood. Some of them drive white vans.

  • Analysis
    2 years ago
    by rhingo
    +15 +1

    Brexit is not the will of the British people – it never has been

    The difference between leave and remain was 3.8 percent or 1.3 million in favour of Leave. However, in a close analysis, virtually all the polls show that the UK electorate wants to remain in the EU, and has wanted to remain since referendum day. Moreover, according to predicted demographics, the UK will want to remain in the EU for the foreseeable future.

  • Current Event
    2 years ago
    by ubthejudge
    +5 +1

    London House Prices Forecast to Plunge as Brexit Chokes Market

    London property prices are set to fall next year as uncertainty about Britain’s exit from the European Union damps the U.K. housing market, according to the Centre for Economics and Business Research. London, and especially the priciest areas of the capital’s housing market, will be most affected, with prices dropping 5.6 percent in 2017, according to the consultancy’s predictions. Across the U.K., while property value growth will accelerate to 6.9 percent in 2016, it’s set to slow to 2.6 percent next year.

  • Current Event
    2 years ago
    by zobo
    +8 +1

    UK workers are paid less now than they were 12 years ago and Brexit could make things worse

    Wages for average UK workers are less than they were 12 years ago shocking official figures revealed today. The gender pay gap also remains stubbornly high, data from the Office of National Statistics showed. The median full-time worker is now paid £539 per week (£28,028 a year), less than the £555 per week they earned in 2004, after taking inflation into account. Despite a 1.9 per cent salary increase this year, annual average earnigs in 2016 are still around £1,600 less than their 2009 peak.