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Brexit won’t bring ‘festive cheer for Sterling this season’

Sterling fell to a new 20-month low against the Dollar on Tuesday and it looks like the on-going turmoil is not going to steady the currency for the foreseeable future. Compared to the Euro it was at a three and a half month low. Now with the PM facing a vote of no confidence, the stormy financial weather looks set to continue. Commenting on Sterling’s performance in the wake of the no-confidence announcement, Andy Scott, Associate Director at JCRA, the...

“Ludicrous” Home Office u-turn on suspension of ‘Golden Visa’ scheme

The u-turn on suspending the 'Golden Visa' scheme feels as if it was snuck in as the Brexit situation became febrile yesterday. Only last week the Government said it would halt the scheme as a sweeping crackdown on financial crime. The UK’s anti-corruption policy was under scrutiny on Tuesday after the government failed to implement a promise to suspend a widely criticised “golden visa” scheme. The Home Office announced that the UK’s Tier 1 Investor programme, whereby UK visas are...

This is the Brexit “cheese submarine” analogy that is going viral on social media

A cunning analogy comparing Brexit to a cheese submarine is going viral on social media. The Twitter thread, created by funnyman Hugo Rifkind, describes how the best way to understand Theresa May’s predicament is to imagine that 52 percent of Britain had voted that the government should build a submarine out of cheese. Although Theresa May was initially against the idea, because it is a "a completely insane thing to do", she had to build the sub because "cheese means cheese". So she...

Pamela Anderson lambastes Tories handling of Brexit and admits Corbyn crush in revealing blog

Hollywood star Pamela Anderson has said she could have negotiated better conditions than Theresa May’s “dumb deal” in a scathing blog that also saw her confess a crush for Labour leader Jeremy Corbyn. The former Baywatch actress took aim at Brexit in the piece making the point that although people in the UK voted to leave the EU, nobody knew at the time what this would actually look like. She also said the Leave camp and its leaders “lied through...

‘Runaway prime minister’ must admit Brexit deal is dead, says Corbyn

‘The Labour leader believes the PM has demeaned her office after delaying a vote on her Brexit deal. May has spent the day stampeding around Europe trying to get concessions in her deal, hoping it would ensure it gets through Parliament. Opening an emergency Commons debate Corbyn told MPs that May should immediately put the plan before parliament. Corbyn said: “Yesterday the prime minister demeaned her office by unilaterally taking her discredited deal off the table and running away rather...

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