by Chris Rogers | 29 Sep 2016 | Economy, European Union
Credit ratings agency Standard & Poor has insisted neither the UK or the Eurozone will experience a Brexit-induced recession, claiming “the sky hasn’t fallen on either side of the Channel.” S&P, which downgraded the UK from its AAA rating following the...
by Chris Rogers | 27 Sep 2016 | Economy, European Union
There has been further speculation about the potential impact of the Government opting for ‘hard Brexit’. The Times reports civil servants have warned that more than £10 billion of tax revenue could be lost if financial firms are not protected in negotiations. City...
by Chris Rogers | 27 Sep 2016 | Economy, European Union, Politics
Shadow Chancellor John McDonnell has committed Labour to maintaining the UK’s access to the EU Single Market in a keynote speech to the Party’s annual conference in Liverpool. In a wide-ranging speech setting out Labour’s economic priorities, Mr McDonnell said, “We...
by Chris Rogers | 26 Sep 2016 | European Union, Politics
Foreign Secretary Boris Johnson has insisted the UK should “get on” with the process of leaving the EU, also giving a strong hint the Prime Minister could trigger Article 50 early in the New Year. Speaking on the BBC’s Andrew Marr Show, Mr Johnson said, “What we want...
by Chris Rogers | 26 Sep 2016 | Economy, European Union
Senior figures in the City of London have expressed concern at growing political momentum for a ‘hard’ Brexit, which they claim would erode business confidence, damage the City and result in businesses relocating from the UK. Experts including John MacFarlane...