Brexit
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Brexit has far-reaching consequences for the economy, the UK’s relations with Europe and the rest of the world and the integrity of the Union. As UK politicians try to navigate their way through these troubled waters, its lawyers are trying to steer their way through the equally choppy waters of Article 50 of the Treaty…
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British Prime Minister Theresa May tried to break the deadlock over Brexit on Wednesday by thrashing out alternative proposals for the Irish border with political parties in Northern Ireland. The UK is on course to leave the EU on March 29 without a deal unless May can convince the bloc to reopen the divorce deal…
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The outcome of the British referendum on European Union (EU) membership has sent shockwaves across the globe that are still reverberating. Politically, the two major political forces in Westminster, the Conservative and Labour parties, are in disarray about how to shape UK’s ongoing relationship with the EU once the exit process is completed. According to…
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The Court of Justice of the European Union – to give it its full name – is the EU’s highest legal authority. It is based in Luxembourg. It is an entirely different thing to the European Court of Human Rights (ECHR). It is the European Court of Human Rights, not the ECJ that has…
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With the threat of the UK crashing out of the EU, Greencore chief executive Patrick Coveney has urged food and drink manufacturers to act on no-deal Brexit scenario contingency plans. In the first part of this exclusive video interview – filmed at the Food Manufacture Business Leaders’ Forum, sponsored by law firm DWF – Coveney…
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Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on Wednesday. Britain is due to leave the bloc on March 29 but has yet to agree the terms of its divorce after parliament…
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The prime minister will make a powerful speech on Monday – in the heart of Brexit UK, Stoke-on-Trent – that MPs “all have a duty to implement the result of the referendum”, because failure to do so would wreak “catastrophic harm” on “people’s faith in the democratic process and their politicians”. Coming as it…
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In a bid to ward off the threat from Brexit, Britain’s biggest car maker Jaguar Land Rover is reportedly gearing to release its major turnaround plans in the new year. According to reports, the car maker is expected to roll out its 2.5 billion pounds saving plan that could result in thousands of job…
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Prime Minister Theresa May said Monday that the postponed vote in Parliament on Britain’s Brexit agreement with the European Union will be held on 14 January, more than a month after it was originally scheduled and just 10 weeks before Britain leaves the EU. But even as May insisted she could salvage her unpopular…
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Taoiseach Leo Varadkar has said he thinks a Brexit deal can be done by November. The Irish border is the most vexed issue still facing UK and EU negotiators. The Republic’s premier warned the damage caused by talks failure to Britain and Ireland would be “immense”. A special meeting of European leaders in Brussels…
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With Brexit posing as the biggest challenge to the City of London’s finance industry and Britain’s divorce from the European Union prompting banks to shift jobs out of the city – London’s position globally has taken a beating. According to a new survey, London has lost the position as the world’s most attractive financial…
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Former Conservative leader William Hague has warned Britain faces the “most serious constitutional crisis” for at least a century if a Chequers-based Brexit deal is blocked. Image: Willaim Hague Following warnings from Steve Baker, the former Brexit minister, that up to 80 Tory MPs are prepared to vote down Theresa May’s proposals, if brought to the table, Lord Hague…
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Sir Elton John expressed disappointment over what he described as “lies and confusion” spread in the media about Brexit, adding that most British citizens did not understand what they voted for in 2016. Speaking in an interview with Channel 4 News, the British singer said many Brexit-supporters were deceived with phony and ridiculous promises before…
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With expectations of unfavorable banking rules and regulations in post-Brexit UK, JPMorgan has warned that nearly 4,000 workers would be downsized. Jamie Dimon, chief executive officer of the world-famous bank, said in an official statement that “heads will role” if the United Kingdom and European Union (EU) fail to agree on common banking rules. Speaking…
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The UK Prime Minister, Theresa May, has taken her time to send a lovely Christmas message to UK citizens living in Europe, with a assurance that their rights would be taken care of after Brexit. According to a report from The Independent, May, 61, said in her letter that she understands the anxiety evoked by the…
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