Headlines 

‘Have people inspected’ at Irish border after Brexit, says Rees-Mogg

Critics deride suggestion of return to arrangements as we had during the Troubles Jacob Rees-Mogg has sparked a fresh row about the status of the Irish border after Brexit after a video emerged in which he suggests a return to checks as we had during the Troubles. The Conservative MP is seen on the footage from the public meeting suggesting the government could keep an eye on the border. Ireland would not be a free for all. It would be perfectly possible to continue with historic arrangements to ensure that…

Read More
Headlines 

Are You Pound-Proof Yet? The Brexit Endgame Is About to Begin

Time is running out to position for a disorderly Brexit. That’s the chorus growing louder among pound traders and strategists, with Morgan Stanley joining the said to be preparing for a failure to secure an accord on future economic ties with the EU, the European Council meeting in October and the U.K. Parliament vote on the final exit agreement in December or January are potential flash points, according to the U.S. bank. The pound fell to the lowest level in almost a year against the dollar Thursday, with losses deepening…

Read More
Headlines 

Jeremy Hunt on Brexit: ‘We are heading for no deal by accident’

Probability of exit without deal increasing by the day, UK foreign secretary says The Brexit process is currently heading for no deal by accident, the foreign secretary, Jeremy Hunt, has said during talks in Austria, stepping up his warnings about a potential collapse in talks. This is not project fear, this is project reality, Hunt told a press conference in Vienna alongside his Austrian counterpart, Karin Kneissl. We have to make a decision on Britains future relationship with the EU by the end of this year and we have to…

Read More
Headlines 

‘A Brexited flatland: Peter Gabriel hits out after Womad stars refused entry to UK

Festival co-founder urges government to make it easier for international artists to perform in Britain The musician Peter Gabriel has expressed alarm over UK foreign policy after a number of international artists were unable to perform at artists declined invitations to perform at Womad, with many citing the difficulty of entering the country under the automated visa system that first created issues for the festival in 2017. Whether their perceptions are real or inflamed, the reality is that artists are deciding that the hassle and cost of entering the UK…

Read More
Headlines 

Brexit secretary David Davis resigns plunging government into crisis

Secretary of states resignation followed by two other Brexit ministers, forcing a reshuffle David Davis has resigned as Brexit secretary, shattering the hard-won consensus around Theresa Mays Chequers deal and plunging her government into crisis. His resignation was swiftly followed by that of fellow Department for Exiting the EU minister Steve Baker. It forces May to reshuffle her government, at the same time as trying to convince backbenchers to support her plan. Davis sent a bluntly worded resignation letter to the prime minister, saying he would not be a reluctant…

Read More
Headlines 

Anti-Brexit protest: thousands march two years after referendum

Peoples Vote demonstration in London culminates with speeches in Parliament Square A roar of pro-European chants rose up above Pall Mall and across the royal parks as tens of thousands attended an anti-Brexit march marking the second anniversary of the EU referendum. Some marched on Saturday in the hope of stopping Brexit, some just wanted to alter the mood music to help change the direction of government travel, but young and old, Labour and Tory, they were all united in their pro-European passion. Police on foot, in riot vans in…

Read More
Headlines 

Theresa May forced to give MPs single market vote after shock defeat

More than 80 Labour peers defy whip on amendment calling for vote on EEA membership MPs will have a vote on remaining in the European Economic Area effectively a vote on the single market after a shock defeat for the government in the Lords. It means the Brexit strategy of both Theresa May and Jeremy Corbyn has been blown apart in the last 24 hours. The rebel Labour amendment in the Lords opened the prospect of a Commons vote on the EEA a less stringent version of the single market…

Read More
Headlines 

Revealed: Brexit insider claims Vote Leave team may have breached spending limits

Whistleblower alleges that electoral spending rules could have been manipulated over controversial donation and that Vote Leave tried to delete key evidence A whistleblower who worked for the official Vote Leave campaign has broken cover to raise concerns that the masterminds behind the 2016 vote including key figures now working for Theresa May in Downing Street may have flouted referendum spending rules and then attempted to destroy evidence. The allegations, from former volunteer Shahmir Sanni, are detailed in an interview in the Observer and supported by a mass of documents…

Read More
Headlines 

Revealed: 50 million Facebook profiles harvested for Cambridge Analytica in major data breach

Whistleblower describes how firm linked to former Trump adviser Steve Bannon compiled user data to target American voters How Cambridge Analyticas algorithms turned likes into a political tool The data analytics firm that worked with Donald Trumps election team and the winning Brexit campaign harvested millions of Facebook profiles of US voters, in one of the tech giants biggest ever data breaches, and used them to build a powerful software program to predict and influence choices at the ballot box. A whistleblower has revealed to the Observer how Cambridge Analytica…

Read More
Headlines 

No Idea What MiFID Stands For? Here’s What You Need to Know

Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how assets from stocks to commodities are traded and investors’ money is managed. Banks and asset managers across the European Union have spent more than $2 billion preparing for it. Regulators say it will protect investors, boost transparency and rebuild trust that was tarnished by the 2008 global crash. The industry has even spent months finding ways to sidestep parts of it. But you’d be forgiven for not paying attention:…

Read More
Headlines 

May Plans Cabinet Shake-Up With Five Ministers Going, Times Says

U.K. Prime Minister Theresa May is planning to make major changes to her cabinet in the new year, possibly sacking as many as five ministers, according to the Sunday Times. May has decided to bring younger members of Parliament into her government as part of a series of steps aimed at convincing voters she can do more than Brexit, the newspaper reported, without saying how it obtained the information. The ministers who could lose their jobs are: Patrick McLoughlin, Conservative party chairman Justine Greening, education secretary Greg Clark, business secretary…

Read More
Headlines 

Theresa May’s Infrastructure Czar Quits, Lashing Out at Brexit

Andrew Adonis quit as Theresa May’s infrastructure czar, but not before delivering a blistering verdict on the Brexit policy being pursued by the U.K. prime minister and her Conservative Party. The Labour peer and former transport secretary described Brexit as a “populist and nationalist spasm worthy of Donald Trump” in a unexpectedly quit, depriving her of a key figure in dealing with EU negotiators. And now, days from the end of the year, Adonis is departing with an excoriating verdict on the country’s direction. “Brexit is causing a nervous breakdown across…

Read More
Headlines 

Brexit will cause loss of influence on scale of 1970s, says ex-MI6 chief

Sir John Sawers tells MPs national assessment is needed of how Britains future standing can be recovered Brexit is set to cause a loss of UK influence on a par with the 1970s, requiring a national assessment of how the UKs future standing can be recovered once Brexit is complete, Sir John Sawers, the former head of MI6, has warned. Speaking to the foreign affairs select committee, Sawers said: We can see the trend of the coming years and we do not want to go through a repeat of the…

Read More
Headlines 

Brexit: voters can change EU deal if they don’t like it, says Michael Gove

As Theresa May wins Tory support for Brussels agreement, the environment secretary flags up potential for a rethink Michael Gove has said voters will be able to force changes to an EU withdrawal deal at the next election if they do not like it. The environment secretarys comments came as prime minister Theresa May won public backing from both wings of the Tory party after securing an agreement with Brussels to start post-Brexit trade negotiations.

Read More