No-deal Brexit risks two-year recession in UK, claims IMF

As the UK struggles to decide anything regarding Brexit a stark warning had been handed to the British Isles. In the case of a no-deal Brexit the UK would slump into a two-year recession, claims the IMF (the International Monetary Fund). A no-deal outcome that led to severe border disruptions and a quick erection of tariffs would cause UK GDP to fall by 1.4 per cent and 0.8 per cent in the first and second years The total negative effect...

Theresa May’s parliamentary bind could make cancelling Brexit her “new default”

Revoking Article 50 could have become the government’s default Brexit position, ITV political editor Robert Peston has revealed. Following Sunday’s sofa chat in which the Prime Minister revealed the choice over Brexit is a binary one between some version of her negotiated deal and not leaving at all, she could have laid the groundwork for cancelling Brexit to become the “de facto Brexit default”. Peston said: “The point is that she has no power to prevent a no-deal Brexit on...

“I may lose my job, but my constituents’ jobs are more important” says Jess Phillips

Jess Phillips says she may lose her job by backing a second referendum, but her "constituents' jobs are more important". The Labour MP was speaking in her constituency of Birmingham Yardley this weekend in response to criticisms that MPs should reflect the will of the people they represent. Yardley voted Leave in the 2016 referendum although Birmingham was deeply divided over the issue. More than three quarters voted to Remain in some wards but the same ratio could be found...

Tories face generational crisis as “tipping point” increases to 51

The Conservative Party is facing a generational crisis with fewer than one in five millennials now saying they have their support. A poll of 10,000 voters conducted by Hanbury Strategy for the Tory think tank Onward found the party's ability to rule is in peril as the under-50s shun the party. The report reveals that at elections between 1950 and 2010 the Conservatives were on average 8 per cent behind Labour among young voters, but 9 per cent ahead among...

Theresa May issues reassuring video on Brexit: and it immediately became the stuff of parody

WIth her own party plotting to oust her if there is a lengthy delay to Brexit, though it has proved impossible to deliver a Brexit that delivers anything like its promises with another deadline looming, Theresa May issued a reassuring video. "Let me explain what is happening with Brexit," the Prime Minister said in an informal, chatty, video, shot shaky camera style, with her leaning on the arm of her as casually, propped up with a cushion as if any...

Labour hold Newport West as Lib Dem candidate gets called out for not showing up

Labour MP Ruth Lorraine Jones won the Newport West by-election last night, triggered by the death of veteran MP Paul Flynn. Mrs Jones took 9,308 votes, giving her a majority of 1,951 over the Conservatives, with UKIP in third place. In her victory speech, Mrs Jones said: "This by-election has taken place because of the sad passing of Paul Flynn, our friend. "There have been many tributes to him over the weeks, but one saying stood out to me: 'Everyone...

Page 1237 of 1510 1 1,236 1,237 1,238 1,510
-->