Tag Archives: UK

Third Brexit vote must be different – Speaker | BBC News

Speaker John Bercow has thrown the UK’s Brexit plans into further confusion by ruling out another vote on the PM’s deal unless MPs are given a new motion.

In a surprise ruling, he said he would not allow a third “meaningful vote” in the coming days on “substantially the same” motion as MPs rejected last week.

With 11 days to go before the UK is due to leave the EU, ministers have warned of a looming “constitutional crisis”.

The UK is currently due to leave the EU on 29 March.

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

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.

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Brexit: Delay is ‘most likely’ option, says former chancellor | BBC News

Former Chancellor George Osborne has said delaying the UK’s exit from the EU is now the “most likely” option.

The UK has to choose between no deal – which he compared to Russian roulette – or no Brexit for now, he told the BBC.

MPs are proposing alternative plans to the PM’s deal with the EU, including seeking an extension to the UK’s exit date – it is due to leave on 29 March.

But the prime minister has said the “right way” to rule out no-deal Brexit is to approve her withdrawal agreement.

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Facebook is buying UK’s Bloomsbury AI to ramp up natural language tech in London | TechCrunch

Perhaps rightly, there has long been a perception that Google-owned Deepmind has been the most aggressive in hoovering up a lot of the U.K.’s best talent in artificial intelligence, but now Facebook appears to be turning its eye to the country.

TechCrunch understands that the social network behemoth is acquiring London-based Bloomsbury AI, a startup that has built natural language processing (NLP) technology to help machines answer questions based on information gleaned from documents. According to sources, Facebook plans to deploy the company’s team and tech to work on combatting fake news and to tackle other content issues.

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Brexit talks: U.K. and EU begin divorce negotiations | CNN Money

Brexit talks are officially underway.

Officials charged with negotiating the first departure of a country from the European Union were in Brussels on Monday to kick off the most consequential series of talks for the U.K. since the end of World War II.

Chief U.K. negotiator David Davis is meeting his EU counterpart, former French foreign minister Michel Barnier, to grapple with a complex set of questions about the future of trade and migration, how much the country must pay to settle its bill with the bloc, and the rights of millions of citizens who have settled in Britain or Europe.

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Why Western brands are taking a chance on the UK | Fast Casual

While dining out seems to have lost some of its appeal to US consumers, it’s becoming a more popular option for people in the United Kingdom.

“It is a solid fact that the demand for eating out among UK consumers are growing,” said Elif Polat, Research Analyst at Euromonitor International.

“Consumer foodservice grew by 3 percent in value terms in 2016, an important achievement for the industry considering the fact that UK is a quite mature market,” she said in an interview with FastCasual

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Why Should SMEs Care About Equal Pay? | The Startup Magazine

Equality, Diversity, Women on Boards, Gender Wage Gap, and Wage Gap Reporting – Its safe to say that that gender equality is high on the agenda. Actually, all equality and diversity issues are being addressed in a huge way, right across the globe.

And rightly so, its 2016 and to be politically correct, and as a society we are being pushed to acknowledge that ‘All Lives Matter’. This ethos has been creeping into the world of business for some time now. So surely, if all lives matter than we would all be treated entirely as equals? Especially in Great Britain; one of the most advanced countries in the world, with some of the globes most prestigious schools and an education system that is much sought after. A country that will now see its 2nd female prime minister in power.

The fact we have a female running the country shows just how far we have come in the last 100 years, The Parliamentary Qualification of Women Act was only passed in 1918, the same year that women were given the right to vote – previous to that we didn’t have a voice to speak of.

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

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.

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EU referendum fallout: Markets and political analysis, Brexit legality | Business Insider

Britain is getting exactly what it voted for when it pipped for an exit from the European Union.

It is hurtling toward a recession and a fractured political landscape that now seems irreparable.

This is not fearmongering. The warnings were laid out repeatedly across a seemingly endless raft of reports from the Treasury, bank analysts, and independent research firms and think tanks.

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Brexit Europe risk | Business Insider

Everyone is suddenly talking about the coming Brexit vote.

With Britain preparing to vote in a June 23 referendum on whether to leave the European Union, the latest polls seem to suggest that Brits are leaning toward Leave:

The ICM phone and online poll: Remain 47% / Leave 53%

ORB phone poll: Remain 48% / Leave 49%

YouGov online poll: Remain 39% / Leave 46%

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