Business is ‘staring down the precipice’ over Brexit | CNN

March 13, 2019March 12, 2019 ~ knjohn ~ Leave a comment

Companies in the United Kingdom are suffering from a bad case of déjà vu after lawmakers rejected a second version of the Brexit deal negotiated by Prime Minister Theresa May.

“Enough is enough,” said Carolyn Fairbairn, director general of the Confederation of British Industry, a business lobby. “It’s time for parliament to stop this circus,” she added, stressing that “jobs and livelihoods depend on it.”

The stunning defeat increases the chances that Britain will crash out of the European Union without a deal in just 17 days — doing big damage to the economy — or that Brexit will be delayed, prolonging the uncertainty for business.

Theresa May offers MPs Brexit delay vote | BBC News

February 27, 2019February 26, 2019 ~ knjohn ~ Leave a comment

Theresa May has promised MPs a vote on delaying the UK’s departure from the EU or ruling out a no-deal Brexit, if they reject her deal next month.

Mrs May made a statement to MPs about Brexit on Tuesday, amid the threat of a revolt by Remain-supporting ministers.

The PM has promised MPs a meaningful vote on her Brexit deal by 12 March.

But Labour leader Jeremy Corbyn accused the prime minister of another “grotesquely reckless” Brexit delay.

Theresa May survives confidence vote of Tory MPs | BBC News

December 13, 2018December 12, 2018 ~ knjohn ~ Leave a comment

Prime Minister Theresa May has won a vote of confidence in her leadership of the Conservative Party by 200 to 117.

After securing 63% of the total vote, she is now immune from a leadership challenge for a year.

Speaking in Downing Street, she vowed to deliver the Brexit “people voted for” but said she had listened to the concerns of MPs who voted against her.

Her supporters urged the party to move on but critics said losing the support of a third of MPs was “devastating”.

Firms ‘running out of patience’ on Brexit | BBC News

July 3, 2018 ~ knjohn ~ Leave a comment

Firms are running out of patience over the lack of progress in the Brexit talks, a major business organisation has warned Theresa May.

The British Chambers of Commerce has published a list of 23 “real-world” questions that it says urgently need answers as the UK’s EU exit approaches.

The list covers subjects including VAT, tariffs, customs and regulations.

The BCC said companies were no clearer on these critical issues than they were immediately after the referendum.

Theresa May is next British prime minister; Leadsom quits Conservative race | Business Insider

July 11, 2016 ~ knjohn ~ Leave a comment

Theresa May will become the next prime minister of the United Kingdom on Wednesday evening.

Current Prime Minister David Cameron announced on Monday afternoon that he intends to resign by Wednesday evening, paving the way for the Home Secretary to take over much earlier than initially expected.

Speaking outside 10 Downing Street, Cameron said he was “delighted” May was going to be his successor and lauded her as a “strong” politician.

Conservative party official Graham Brady confirmed earlier in the day that he was set to formally appoint May as the party’s new leader after her only challenger, Andrea Leadsom, pulled out at about noon in the UK.