Chancellor Philip Hammond said today that Britain needs to focus on issues other than Brexit, with economic growth a top priority. Speaking in Washington, where he is attending IMF and World Bank meetings, Hammond said it was is time to ‘get Brexit off the table.’ He said crucial economic decisions needed to be taken and […]
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The Virgin brand could disappear from the UK rail network after the Government banned its business partner from a trio of franchise bids. Virgin’s boss Sir Richard Branson said he was ‘devastated’ that Stagecoach had been ruled out of the race to run three rail lines. Stagecoach has a 49 per cent stake in Virgin […]
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The Regional airline Flybe cancelled dozens of flights from a number of UK airports today, blaming a shortage of pilots. It also confirmed that it was in consultations over job losses as it prepares to cut jet flights in favour of cheaper turboprop planes. The restructure includes ending jet flights from Exeter, Cardiff, Doncaster and […]
Continue ReadingPrime Minister Theresa May said tonight that she will ask for a second extension to the UK’s Brexit deadline in an attempt to solve the deadlock in Parliament. She vowed to ‘break the logjam’ in the House of Commons and said she will seek a meeting with Labour leader Jeremy Corbyn to discuss a possible […]
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Manufacturing growth in the UK hit a 13-month high last month – driven by factories stockpiling goods ahead of Brexit, new figures have shown. Research by IHS Markit/CIPS revealed that the increase in stock being held by firms was at a record high for the third month consecutive month. The manufacturing sector’s Purchasing Managers’ Index […]
Continue ReadingMPs should not be ignored if they vote for a softer Brexit this week, the Justice Secretary David Gauke said today. Parliament will hold an indicative vote on Brexit alternatives tomorrow and a customs union with the EU is emerging as a strong preference Gauke told the BBC’s Andrew Marr show that Theresa May’s deal […]
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A committee of MPs has called for action to be taken over excessive pay awards for UK company bosses. They say the awards are damaging the UK’s reputation and want remuneration packages for business leaders to be linked to those of their workforces. MPs on the Business Select Committee said ‘corporate greed’ was behind a […]
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Scotland’s First Minister Nicola Sturgeon says that there will be a second independence referendum in Scotland. She told the BBC’s Andrew Marr show today that another poll was ‘inevitable’ but that she would wait until Brexit was resolved before pressing ahead with her plans. Sturgeon told Marr: “Another Scottish independence referendum is going to happen. […]
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An estimated one million people packed the streets of London yesterday to call for a second EU referendum as the UK’s Brexit deadlock continued. The ‘Put It To The People’ march drew support from across the political spectrum, with many leading figures addressing huge crowds at a rally after the march. They included Labour deputy […]
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The boss of Toyota’s European division has thrown his support behind Prime Minister Theresa May’s Brexit deal ahead of tomorrow’s crucial Commons vote. Voting through the Prime Minister’s withdrawal deal would protect the UK car industry and avoid the damage caused by a hard Brexit, said Dr Johan van Zyl. He spoke out after Ford […]
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