Last quote about Brexit
All quotes about Brexit
Either the currency market is right about the consequences of Brexit, in which case the UK's trading relationships will become less favourable; or it's wrong, in which case sterling is likely to recover.
February's retail sales figures show fairly strong growth, though the underlying three-month picture shows falling sales as February's figures follow two consecutive months of decline in December and January. The monthly growth in February is seen across all store types. The underlying trend suggests that rising petrol prices in particular have had a negative effect on the overall quantity of goods bought over the last three months.
The consumer, which has provided the main engine of UK economic growth in recent years, is showing signs of running out of steam. Looking at the underlying trend, retail sales are falling at the fastest rate for seven years as households struggle with rising prices and subdued pay growth.
The vote to leave the EU led to a big drop in sterling's exchange rate. One consequence is a rise in import prices and a squeeze on households' real income. We may already be seeing the impact of that squeeze on retail spending, which in real terms fell quite sharply around the turn of the year. While it's hit the income of households, however, the depreciation has come as a boon for many exporters. In sterling terms goods export prices rose 12% through the course of last year. This will significantly have boosted exporters' profitability and with it the incentive to invest in extra capacity.
Those kind of considerations and threats shouldn't have any influence whatever in prosecuting wrongdoing wherever we find it.
I think that the attitude of the European Union right now is they firmly believe that Brexit is it. That no other countries are going to leave. And I think they're wrong. They will go on defending their model and I am not saying that Frexit is going to happen this year but is it going to happen in three or four years I firmly believe that it will.
Brexit is now firmly on the cards, do you see a massively shrinking European Union?
Well it wouldn't work. It will be, in any case, a core group taking the lead. More or less 20 countries, maybe more 25 countries, going forward and then a number of other countries who will come in later on. That I see as a possibility. What I see is the opposite for the moment. After the Brexit referendum, in most of the countries we see that people want more Europe. Yes, look for example what is happening in Syria. What did we do in Syria? Nothing at all. But we have the fallout, all the negative consequences of the conflict in Syria. So I think it's time now to organise ourselves.
I am quite alarmed that so much emphasis is being put on this because equivalence is a very specific concept. So it is not something 'an investable proposition.' You wouldn't make an investment off the back of an equivalence provision in the directive. Secondly, they can be revoked at very short notice, 30 days' notice....So equivalence is not the answer.
The level of doomster stuff on equivalence I think is way overdone. It is not to say it's perfect.
If we can elevate ourselves above it to some mutual recognition framework that would be fabulous.
They've actually promised us they said that, you know, if you support the Brexit, then we will make sure that we'll get a lot of people from South Asia' and that is not happening actually.
The British curry industry has wholeheartedly supported Brexit because we feel it would be a fair policy and we can bring people from outside the EU, from India, Bangladesh, Pakistan where people can come and look after our business because the industry needs chefs desperately. Because the people we are currently working with, the European workers – Romanian and Polish – they are now going to leave so what we end up with is nobody to work for us. So we will be really closing our restaurants.
The situation is not really clear so we don't know what's going to happen in the future and what the government negotiations outcome will be. So now, most people who came here, especially not long ago like me for example, are thinking 'okay should I stay? Should I invest in myself here or maybe should I go back? Maybe I should go somewhere else because I don't really want to return to my home country.
As a result of the Brexit vote we know that change is now inevitable - the question is what kind of change is right for Scotland and whether that change is made for us or by us.
Irrespective of your views over the long-term benefits of Brexit or independence, the increase in uncertainty caused by the triggering of Article 50 and the prospects of a second independence referendum will act as a headwind for many businesses. Just as it is the responsibility of the UK Government to provide clarity and reassurance wherever possible through the Brexit process, it is incumbent on the Scottish Government to do likewise around independence and to re-double their efforts to support the Scottish economy through these unprecedented times.
What's happening since Brexit is even more restaurants are closing; we can't get people from anywhere. Curry houses are in danger.
I've given my life in the curry industry and I can see with my own eyes that it is disappearing. I really feel the government should intervene before it is too late.
As responsible businesses, at this stage we simply cannot rule out a cliff-edged scenario for Brexit and aviation. The potential impact of this on air connectivity, consumers and the wider economy needs to be addressed by Brexit negotiators - on both sides. This means that adequate contingencies need to be established promptly in case the UK would exit the EU without any agreement on its future relationship with the bloc.
The white working class and the minority-ethnic working class aren’t enemies: they are companions in a fight against economic inequality. The Brexit vote has not only exposed deep socioeconomic fractures in British society – it has also invented new ones. Identity politics has taken hold as never before.
It might be that carriers choose to have domestic flights [on the continent] operated by their new European operating licence, which would probably mean a reduction in staff in the UK.
In a European context, London is without doubt the dominant city for the wealthy. London is just more accessible for more wealthy people, it is more convenient, more connected and more open than other cities. London attracts talent from around the world, and it will continue to do so.
I know you support the idea but a few years ago there were no burkinis on our beaches Mr. Macron. Mr Fillon, you are peddling a Project Fear, the same tactic was used before the Brexit and before the election of Donald Trump.
We would be losing customers if we didn't have a separate EU unit.
Cost is one of the core issues that contributes to the decision.
A prudent approach is to have vehicles that are capable of being compliant with U.K. and EU regulations, however similar or dissimilar they may be as we exit the negotiations.
As responsible businesses, at this stage we simply cannot rule out a cliff-edge scenario for Brexit and aviation. This means that adequate contingencies need to be established promptly in case the UK would exit the EU without any agreement on its future relationship with the bloc. We would prefer not to fall back on those bilaterals, but to get some sort of transition agreement that what we have today can be safeguarded. But what we are hearing is that if there is no agreement, there is also no transitional agreement.
We need to take this decision relatively quickly, and not to wait for the end of the (Brexit) negotiations, because it takes quite a lot of time of practical preparations for the movement from London to another place.
Small firms trade with countries based on ease, cost and value and any future trade deal must deliver on these key aspects both with the EU single market and non-EU markets. Compared to larger companies, small businesses typically work to tighter margins with limited resources, meaning changes to the trading landscape will hit them disproportionately hard. We call on the Government to ensure that a sensible phased implementation arrangement is put in place to avoid a cliff edge, once we have left the EU.
In view of what was announced in London yesterday, I'd like to inform you that I will call a European Council on Saturday, the 29th of April, to adopt the guidelines for the Brexit talks. You know I personally wish the UK hadn't chosen to leave the EU, but the majority of British voters decided otherwise. Therefore we must do everything we can to make the process of divorce the least painful for the EU.
Our main priority for the negotiations must be to create as much certainty and clarity as possible for all citizens, companies and member states that will be negatively affected by Brexit, as well as our important partners and friends around the world.
At last, we've been waiting for Brexit negotiations to get started since the Brexit vote. It's taken quite a long time because the British authorities needed some time to prepare, but at last we will be able to get into the subject in detail and I hope in a constructive manner by both sides.
It cannot be the same to be a member of the club and to be out of the club.
They will all see from the UK's example that leaving the EU is a bad idea. On the contrary, the remaining member states will fall in love with each other again and renew their vows with the EU.
It cannot be like it was before, otherwise it would be a waste of time to have a Brexit. There will be consequences. First will be the divorce report, and as in every divorce there could be questions of money. Indeed, it will mainly be about questions of money. Then, secondly, once we've got an idea of the burden of separating, it will be a question of examining the conditions for maintaining relations between Britain and the European Union.
It'll be a combination of things. We'll hire people inside of Europe itself and there will be some movement. For this first period, this is really the period where we put in place these contingency plans, this in the hundreds of people.
We don't recognise the 60 billion.
Small firms trade with countries based on ease, cost and value and any future trade deal must deliver on these key aspects both with the EU single market and non-EU markets.
The reality is that the EU single market is still a crucial market for smaller firms and cannot be undervalued. Compared to larger companies, small businesses typically work to tighter margins with limited resources, meaning changes to the trading landscape will hit them disproportionately hard. We call on the government to ensure that a sensible phased implementation arrangement is put in place to avoid a cliff edge, once we have left the EU.
At the moment, worries about the election have subsided a bit after the Dutch elections. But I expect the market to become more nervous near the election, given last year's experiences (with Brexit and the U.S. elections).
A big endorsement of Chinese investment after Brexit was the Hinkley point nuclear power station. I can't think there's any big Western country that would permit investment of that kind, and I think that's a great strength of the U.K. All I see from from the government and from British businesses is a global outlook, and that's two-way – welcoming further investments into the U.K. but also being even hungrier to invest in countries like China.
People are now so used to having cheap goods from elsewhere that it's difficult to see that politicians will actually reduce access to goods that are already there, with some exceptions like say Brexit.
They used the same argument before the Brexit vote and the election of Donald Trump.
The results in Britain are wonderful. They have unemployment that is lower than it's been for decades. Everyone knows what my view is on the euro and the European Union, which forbids economic patriotism, economic patriotism.
The traditional parties, those who have for decades failed to solve yesterday's problems, won't be able to do it tomorrow either.
I don't need a ventriloquist. You are lying (to voters) by twisting the truth.
That's called project fear.
I completely disagree with Emmanuel Macron who praised the German chancellor when he was in Berlin for (refugee) policies that turned out to be bad policies and which are now criticised by her own allies in Germany.
Unlike you, I propose to have a strong France inside Europe.
We're going to start seeing the results (of their departure). Because it's other Conservatives who are going to have to deal with it, and by the way we're going to have to be incredibly rigorous (in negotiating with Britain about its exit by not giving them any undue concessions).
Those who were responsible for Brexit, who said everything is possible and it will be wonderful have all scampered off. They have all gone into hiding.
You are dragging the country towards veritable economic and social chaos, which would lead to the ruin of both borrowers and savers. The way this crisis was handled has created an enormous problem for Europe.
Many remain voters would like to see an end to the less popular parts of Britain's current membership of the EU, while many leave voters would like to retain the seemingly more desirable parts, such as free trade, cheap mobile phone calls and clean beaches. It also means that they are also the group that are most likely to be disappointed if they were to come to the conclusion that the government has failed to achieve that objective. Theresa May could be faced with political difficulties at home if she struggles to achieve her key objectives in Brussels.
For the SNP their mandate for another referendum is based on the European Union. But now the SNP tell us they will not seek or guarantee membership of the European Union with their referendum. They are cynically courting the one in three independence supporters who backed Brexit. So they will use pro Europeans to get a referendum but sell them out to win independence. It is low politics for narrow gain.
Anyone that suggests that WTO would be a good thing is bonkers. This ideological baloney has to stop before we face an absolute disaster.
Under this view, not having a full collaborative and co-operative relationship with social Europe is a positive, not a risk.
There is nothing to be blase or relaxed about choosing for Britain to trade with our biggest economic partner under WTO rules. Every credible assessment done says this would be the worst trading arrangement possible for jobs, investment and growth.
Many Remain voters would like to see an end to the less popular parts of Britain's current membership of the EU, while many Leave voters would like to retain the seemingly more desirable parts, such as free trade, cheap mobile phone calls, and clean beaches.
Many a Remain voter would like to see the end of freedom of movement...the priority that the UK government appears to place on this issue is not necessarily at odds with the views of those who voted Remain. For the EU, free trade and freedom of movement are meant to go together. For British voters they do not, especially for Conservative voters. Meeting their expectations for Brexit could thus prove difficult...Mrs May could well face a hard task at home keeping voters on-side.
This is perhaps typical of the pick-and-mix attitude to the EU that has characterised much of Britain's relationship with the institution during its 44 years of membership so far.
It is a combination that potentially presents the UK government with a considerable challenge.
We are going to start to execute on those contingency plans. We start with a significant European footprint, we are licensed with banks in Germany and in France. Over the next 18 months or so we are going to upgrade those facilities, we'll be take extra space in a number of them and be increasing our headcount and infrastructure around those facilities. This is all in the context of continency planning. What our eventual footprint will look like will depend on the outcome of [the Brexit] negotiations and what we are obliged to do because of them.
The public hugely values the work they do, and so do I.
We recognise the importance of the BBC to the UK at home and abroad at this important moment for the country's future.
I agree with you that these are consequential times. For that reason, it is more important than ever that the BBC's journalism is independent of political pressure.
Impartiality has always been the cornerstone of BBC News. It remains so today. We do not take it for granted and we go to great lengths to ensure that we balance our coverage and address all issues from a wide range of different perspectives. It is one of the reasons why the public trusts the BBC more than any other source of news. We will continue to listen respectfully and respond wherever appropriate. Above all, we will guard our independence, report the news diligently and impartially, and continue to fulfil our mission on behalf of all our audiences.
I personally wish the UK hadn't chosen to leave the EU. But the majority of British voters decided otherwise. Therefore we must do everything we can to make sure the process of divorce is the least painful for the EU. Our main priority for the negotiations must be to create as much certainty and clarity as possible for all citizens, companies and member states that will be negatively affected by Brexit.
A year after the Panama Papers, we can see that the anti-money laundering supervisors have been asleep on the job, the banks have been at best lax and at worst complicit, and the UK's law enforcement agencies have a dismal track record of investigations that lead to prosecutions. Basically, the UK's anti-money laundering defences are just not fit for purpose. The government needs a concerted, world-class strategy to deal with this if it's going to convince people that we are not in a post-Brexit race to the bottom in which corrupt money is welcomed to the UK with open arms.
We are going to start to execute on those contingency plans. For this first period, this is really the period as we put in place contingency plans, this is in the hundreds of people as opposed to anything greater than that. We can't bank on them so we have to have contingency plans and that's what are going to start to execute on. In the next 18 months we will upgrade those facilities, we will be taking extra space in a number of them, and we will be increasing headcount and capability and infrastructure around those facilities.
What our eventual footprint will look like depends on the outcome of negotiations and what we're obliged to do because of them. Whatever the scenario, whatever the outcome, London will remain for us a very significant regional hub and a very significant global hub.
George Galloway is a divisive, hard left campaigner of the old school and an ardent supporter of Brexit. There will be little support for his brand of politics in Manchester Gorton, which is a diverse and tolerant place and voted 62% to remain in the EU. His decision to enter the race is yet another consequence of the chronic splits and weak leadership in the Labour party. People in Manchester want change, they deserve better than a failed politician and a failing Labour party.
Priority must be certainty, clarity for all: citizens, companies & member states.
The political outcome that we would hope for is that the people of the UK have the final say on the deal and we can do that legitimately either by a second referendum or by giving our representatives a free and final say on the deal.
Does anyone seriously think that the fact that the poster doesn't say 'Stop Brexit' will persuade anyone opposed to Brexit not to turn up? . All this hair splitting is merely serving to divide what has, up to now, been a united movement. Let's all focus on stopping Brexit rather than arguing about what should be on the poster.
This isn't about moving away from our message, this is purely about branding. We've had meetings with PR agencies and political strategists who said if we can broaden the message ever so slightly then we can still maintain our political stance but have a more family-friendly approach and this will hopefully bring up the numbers. People are dropping like flies to be honest. It's a lot of work.
A lot of time has passed. I think the British authorities needed this time to prepare but finally we are going to get into the heart of the issue and I hope we do this constructively on both sides.
I have set out my objectives. Those include getting a good free trade deal, they include putting issues like continuing working together on issues like security at the core of what we are doing. We are going to out there negotiating hard, delivering on what the British people voted for.
Markets are hard pressed to look for new and enduring themes. And none emerge; at least not compellingly so.
For a foreign-owned (company), it's twice as productive as domestically run firms. Higher exports, higher productivity - that screams from the data.
So you would hope that both of those features were preserved, ideally enhanced, in a post-Brexit world.
I have already had the chance to speak with Chancellor Hammond in Baden-Baden, about this. And, I think that of course, the UK and the EU 27 are looking at the issue from different perspectives. But, I think that there is a good spirit of collaboration.
As you know, my mandate runs until January. So the formation of a new coalition government in the Netherlands may take some months. So whether there is a gap between the arrival of a new minister and the end of my mandate is too early to say. And in that situation if there is a gap in time between those two then it is up to the Eurogroup to decide how they want to proceed.
We have a Eurogroup president, he has been elected to serve until 2018. He does his work very well. The Netherlands has an elections result, now coalition negotiations will be conducted. They certainly don't want any public comments from the non-Dutch, myself included, but Jeroen Dijsselbloem is a good Eurogroup president and his mandate goes until 2018.
I hope for realism. Realism about the sequence of events, realism about what it will cost. Realism about the complexity and the time that will be needed. Up till now I haven't heard that from the British government. So we will wait and see.
We have the issues on the island of Ireland to do with the peace process, to do with relationships with Northern Ireland, to do with the free movement of people north and south and into the UK, which of course means the maintenance of the common labour market which we've had been Ireland and the UK for quite a long time. There's a second set of issues to do with trade then. And it's in our interests that we would come as close to the UK having a free trade agreement with the European Union as is possible, because 1.2 billion worth of trade crosses the Irish sea every week.
As you know my mandate runs until January. The formation of a new coalition government in the Netherlands may take some months so whether there's a gap between the arrival of a new minister and the end of my mandate is too early to say. If there is a gap in time between those two then it's up to the Eurogroup to decide how they want to proceed and I think I should discuss it with the ministers in the coming months.
Despite the fact it's a known quantity, we have to assume that the stark reality of exiting the European Union is hitting home. Quite what has changed is hard to say, except a hard dose of grim reality... We're now in for a long period of volatility for the pound and UK assets as the government embarks on protracted and hugely challenging Brexit negotiations.
I had to give every date I had left the UK, when I had come back, and because I have to travel for business a lot, there were a lot of trips where I had to go through diaries and find out exactly the actual date.
It is intimidating but the truth is the form ... is not the problem, the evidence is. Who keeps everything forever? Every paper counts, every letter, everything. It's becoming an interesting opportunity for all sorts of crooks.
I'm very disappointed that we are being used as bargaining chips. The form is a complete nightmare, it is very complicated. Unfortunately I didn't give enough information about the children so their indefinite leave to remain has been rejected so I have to do it again.
The legislation required for Brexit will leave little parliamentary time for anything else … it will be a challenge for both the Government and Parliament to do all this while still ensuring full scrutiny and leaving room for the Government's domestic policy agenda.
An interim deal is what many people involved in the Brexit preparatory talks have been suggested, and not just for trade. There will need to be a longer time for the U.K. to dismember itself from the EU and a transition deal can include all exit issue plus trade. I don't think there are many countries that would have anything critical to say of such a deal as they would be helped by it.
British officials have worked with a number of people in the Secretariat, including Director-General Roberto Azevêdo, who have explained a wide range of WTO rules including things like independent schedules in goods, services and agriculture and how these schedules could come into being. They have also explained Article 24. Importantly, both the UK and the EU would have to agree on this.
Within 48 hours of the UK triggering Article 50, I will present the draft Brexit guidelines to the EU 27 member states.
The truth is that there is fear. We don't know what is going to happen. No-one knows… Today you hear one thing and tomorrow there are other rumours. But let's hope that it is all settled soon so that we can continue to work as we have been doing.
It is unfortunate, we don't want to turn our backs on Europe, but those are the cards that we have been dealt and we have to play this hand the best as possible.
The Government is clear in its aims: a deal that works for every nation and region of the UK and indeed for all of Europe – a new, positive partnership between the UK and our friends and allies in the European Union.
Last June, the people of the UK made the historic decision to leave the EU. Next Wednesday, the Government will deliver on that decision and formally start the process by triggering Article 50. We are on the threshold of the most important negotiation for this country for a generation.
We have been informed in advance. We are ready to begin negotiations.
It makes absolutely no difference whether the notification comes one day earlier, or three or seven days afterward.
Gibraltar is paying a price due to political situations, and obviously our businesses are in the front line.
It's unfortunate. We don't want to turn our backs to Europe, but those are the cards that we have been dealt and we have to play this hand the best as possible.
There are so many things at stake that are essential both for the U.K. and for the EU that the issue of Gibraltar is being diluted and pushed right to the margins, and that is obviously a source of great concern for our region.
We are on the threshold of the most important negotiation for this country for a generation.
[I] firmly believe it's the greatest repository of media talent anywhere in the world.
I want to put an end to immigration – that's clear. That's called Project Fear, Mr Fillon. It was used before Brexit.
Carmakers will have to review their manufacturing and supply chain network and investment decisions and plan for scenarios based on extra tariffs and charges/incentives on corporation tax.
Some may consider investment options into the UK, but equally some may consider investing into the EU.
The key point that has come out of it [the report] for me is the potential impact if we don't come up with a trade deal and we don't come up with a solution. It all depends on the outcome of trade negotiations that will start in the next week or two. Both the EU and the UK would benefit from keeping free trade and supply chains unaffected because any tariffs would be damaging for both sides based on today's complex supply chain arrangements.
I've worked with Mrs Merkel for longer than anyone else oustide her party. I've been able to study her. I know her.
With me there will be no Europe bashing.
It's outrageous that they use statements like that, especially at a time like this.
These last few months have confirmed to me that I will be leaving. I don't know when, but I know it will be fairly soon.
We've got a process – the permanent residence process – which clearly isn't capable of dealing with more than a few thousand people, let alone 3 million. So that process will have to be replaced, it will have to be streamlined. Everybody in government knows it – but we're still letting people apply for this, and then rejecting a third of them for stupid bureaucratic reasons. And of course the result has been ... that we're spreading uncertainty and confusion.
I felt like I was going to fall through the cracks. I had to scramble for papers and trace back my steps and try to find my paper trail.
The goalposts have been moved retrospectively. People are being asked to document every movement in their lives.
It is a huge opportunity for a progressive party. This party. All you generals without armies, here's your army.
The Conservative party has been taken over by its own version of Momentum. May's Momentum, the hard Brexiteers. The anti-free trade protectionists. The shrink-the-state extremists. The anti-immigrant, anti-refugee, anti-international aid zealots. It's their party now, and it's hard to be sure whether Theresa May is their leader or their captive.
Some of them might be hoping that the Labour party will sort itself out. I've got news for you, Labour are done.
You are now the supporters of a government that is as anti-business as Jeremy Corbyn. You are now the cheerleaders of a government that is as anti-refugees as Nigel Farage. Theresa May has put at risk the very people who have bankrolled her party's success for years, and she didn't have to. So business should drop the Conservative party like a hot brick. We can gain the seats to rob the Tories of their power to wreck Britain, and by doing so we can change the course of our country.
One of the tragedies of Brexit is we're now in a situation where where we think this enlargement of the EU, like the single market, was some sort of error. It was actually a bi-partisan policy of both governments that has done great benefit to this country.
As the starting gun is fired on this year's AGM season, businesses around the UK would do well to heed the lessons from Brexit. Too many people still feel they are not sharing in this country's prosperity. Companies can either act responsibly now and shape a more responsible 21st-century corporate Britain or they can carry on as before and have it foisted upon them. This is certainly a sign of the healthy appetite for dialogue between the boardroom and shareholders. It is also no doubt a sign of the pressure that many FTSE companies feel as a result of the PM's spotlight.
That's a major problem unless the UK agrees systematically to follow the continental standards.
There will be an independence referendum.
The Prime Minister's attitude should worry all of us hoping that negotiations with Europe will not be a disaster because - and let me put this bluntly - if she shows the same condescension and inflexibility, the same tin ear, to other EU countries as she has to Scotland then the Brexit process will hit the rocks.
This is a neat way of meeting two objectives: to get the transport industry to invest more in the training and development of its staff and to drive up the value of contracts within the UK.
We need people from a solid UK business background with experience and understanding of the UK economy. I think we have to get back to basics here in the UK after the Brexit vote and get good UK business economists, of which there are plenty, but not many have been appointed to the MPC recently to exercise their judgement.
I am not saying it is a disaster they would not survive. But it would be a great loss. There are so many wonderful young musicians in this country, it is debatable if they will be able to replace them easily. In Germany classical music is, of course, incredibly strong traditionally. But it has become much stronger here in Britain, with a very high level of musicians who are, perhaps, more open to all sorts of new endeavours.
Brexit seems quite small compared to the changes you once saw in communist countries. There, normal people were seen as just crowds, and it was only those at the top that mattered.
I am sorry about it, and I know it will be difficult to get used to a totally different situation, but for musicians many things will remain the same, simply because we will work to find a way to make agreements for the sake of music.
Hopes that post-Brexit Britain can boost Commonwealth trade is ill-founded. Those countries have moved on. When Lord North, prime minister at the time of the American revolution, received the news that British forces had lost the war, and with it the American colonies, he was reported to have been physically struck by the magnitude of the news, as if hit by a musket ball. “Oh God, it’s all over,” he wrote in his diary.
We obviously have a lot of investment management here. We have other international operations here. We obviously also employ quite a few non-British people, so we have to see how Brexit will pan out. We have separated what's in our hands and what's not in our hands.
We know where the inefficiencies in the system are. When I speak to the CEO of the NHS, and I did it the other day, we have the exact same issues. And so at some point the question will come up: 'Does it not make sense to join forces and work on the topic?'. I really hope not many jobs will be lost. We have reserved a large budget to retrain our staff and to really make our staff successful in the transformation. A lot of the things that we have invented here are being copied elsewhere: that will not change, whether there is Brexit or not.
They've got a mandate just to go for independence. Theresa May cannot say that we haven't. Theresa May is being dogmatic, saying you're only a wee country and can just be ignored. I run a company [supplying restaurants and clubs] and with Brexit we are going to lose £200,000. The Brexit thing plus Theresa May knocking back Scotland is really not on. The Scottish people should get the choice.
It is time to transcend the bitter division and extremism of an inflexible, die-hard conservatism at war with an intransigent and even more hardline nationalism.
The third option, a patriotic Scottish way and free from the absolutism of the SNP and the do-nothing-ism of the Tories, is now essential because post-Brexit realities make the status quo redundant and require us to break with the past. The status quo has been overtaken by events because unless powers now with the European Union are repatriated from Brussels to the Scottish parliament, the Welsh assembly and the regions, Whitewall will have perpetrated one of the biggest power grabs by further centralising power.
Tory and nationalist extremism should not rob us of a third option that can give the Scottish people more powers, offer honest answers about how we can pay for our public services and, faced with the post-Brexit threat to our employment and industry, address the urgent issue of how we create new jobs by exporting and trading successfully with Europe and the rest of the world. Most of all, a new third option can unify our country and end the bitter and divisive yes-versus-no conflict that will continue to rip us apart.
The patriotic way means that Scotland is not caught between a die-hard conservatism that denies the Scottish parliament the powers it needs and a hard-line nationalism that throws away the resources we secure from being part of the union.
If I ruled out a referendum, I would be deciding – completely unilaterally – that Scotland will follow the UK to a hard Brexit come-what-may, no matter how damaging to our economy and our society it turns out to be. That should not be the decision of just one politician – not even the First Minister. It will be decided by the people of Scotland. It will be Scotland's choice.
I may have run a country, but I've never run a newspaper.
We will be fearless as a paper fighting for their interests. We will judge what the government, London's politicians and the political parties do against this simple test: is it good for our readers and good for London? If it is, we'll support them. If it isn't, we'll be quick to say so.
We should build a statue in their honor because they have been heroes. Everywhere you have a fatigue for reform … that's very serious.
If the Prime Minister refuses to engage on the terms of a referendum before Brexit takes place then she is effectively trying to block the people of Scotland having a choice over their future. That would be a democratic outrage. So when the terms of Brexit are known – and not before - we will give the people the choice over the direction Scotland should take – before it is too late to change course.
Brexit has pushed institutions into two camps. On one side, we've got the 'business as usual' team, and, on the other, we have the institutions that are tired of the government's hemming and hawing and have already begun to move jobs to other EU countries. It's the latter group that's contributed to the quarter drop in jobs available. Large institutions…are currently using up incredible institutional resources to project years out and plan for a future that changes from one day to the next. For many, it's simply proving easier to get ahead of the worst-case scenario and get out of London now.
Ireland is an important bridge between the US and the EU. Post Brexit, Ireland will be the only English-speaking country in the EU, at the heart of the Single Market with unfettered access for companies, and in the Eurozone.
Brexiters will think the cost of no deal is low, industry and remainders will think the opposite. Depending on who is stronger this could lead to a more cautious approach.
For the wider U.K., a referendum would inject more political uncertainty which could further undermine sterling, raise inflation, and thereby cause slower growth in consumer and business investment spending.
I have a mandate to give people in Scotland a choice and it is simply undemocratic for a party with one MP (member of parliament) in Scotland to stand in the way of that.
Given that demands for the referendum have been brought about by Brexit, currency issues are likely to play an important role in any future debate on independence in the event a referendum is called. Oil prices could also be an important factor in deciding the vote given their sizable effect on Scotland's finances.
Now is not the time.
I have got various options that I would consider but with the greatest of respect I'm not going to share them with you right now. Well I will share them with the people of Scotland and the people of Scotland will have the right to know them once we are at that stage. I don't think I should be getting into Plan Bs at this stage when I am putting forward a Plan A that has such a strong cast iron mandate.
With few economic downsides so far, many Scots hoped they could ignore the Brexit process. The battle over a second referendum will make that impossible. What’s a year or two between friends? Quite a lot, it seems – and even longer between sworn political enemies. Theresa May got her own back on the first minister of Scotland by refusing her request for a second independence referendum before Brexit negotiations are complete. That position sounds kinda reasonable – until you think it through.
It was January and February 2016 when we committed to broadening the scope of growth to productivity, employment and inclusivity. So we were in advance of Brexit, we were in advance of the Trump vote. But we understood at the time that there were these growing concerns about the distribution of growth and that we had to take that on full force.
Our conference will underline our party's priorities – education, growing the economy, investing in the NHS and protecting public services. We will also show the trust we place in the people of Scotland. It is clear from the PM's panicked response to the Scottish Government's decision to rightly, give people in Scotland a choice over Scotland's future, that the Tories are simply scared of the people's choice. The Tories argument is not about process, it is about their desperate desire to prevent anyone having the chance to reject the hard right Brexit that they are so wedded to.
Some of that fear around Brexit, Trump, and then Wilders and Le Pen, may now be seeping out of the markets - you see some of that fear dissipating.
Some of that fear around Brexit, Trump, and then Wilders and (France's) Le Pen, may now be seeping out of the markets - you see some of that fear dissipating.
I am not sure whether it would be very beloved in Paris to say so, but we have our own interest, even after Brexit, to have a strong financial centre in London. We can't move the whole business to Europe and it's better to have it in London than in Singapore or elsewhere in the world.
Whatever deal we succeed in making, and I am pitching for the best deal, the most open, the most simple, the most efficient and the most pragmatic, the greatest deal we can have, is going to be complex and costly. In trade terms, there is no way switching from the internal market to any other arrangement, including the best, won't be costly. Anything that has a cost for the UK has a cost for the continent because of the deep integration of our production systems.
For such a thing to happen this would have been mishandled on either one side or both sides. I cannot see this as a sort of likely scenario.
It gives you some firmer belief in polls but I think disappointment from last year around Brexit and Trump was overdone.
The Netherlands, after Brexit, after the American elections, said 'whoa!' to the wrong kind of populism.
The Netherlands, after Brexit, after the American elections, said 'Whoa' to the wrong kind of populism.
The Scottish government is not proposing #scotref now... but when the terms of Brexit clear and before it is too late to choose an alternative path.
Poland is an emerging country and in our sector Poland is coming out as a role expert, maybe even challenging Luxembourg as a fund industry centre.
At the very beginning banks were hiring young people without (high) qualifications, but now they are becoming hubs of high technology.
There is no need to leave Poland now. The difference in salaries concerns only (recent) graduates. But this difference vanishes very quickly when you take further steps in your career. These people can reach high-level, decisive jobs within global corporations. Staying at home, with low Polish costs of living, they can start their international careers. There is no need to leave to London and live an immigrant's life.
We are talking with banks, insurance institutions and investment funds who want to move their middle office abroad. The main factor behind their decision (now) is Brexit.
Some time ago Poles were departing to London, but now it is the other way round.
The government should rule out this dangerous and counter-productive threat before Article 50 is triggered.
And that is because there is no clear political or public consent for this to take place. The country – and our parliament – is divided not over just the question of independence, but over whether we should even hold a referendum or not.
This is not the Iron Lady – this is someone whose government is in chaos, chopping and changing all of the time.
It's an argument for independence really in a nutshell, that Westminster thinks it has got the right to block the democratically elected mandate of the Scottish government and the majority in the Scottish parliament. History may look back on today and see it as the day the fate of the union was sealed.
No deal is better than a bad deal.
This upgrade of Toyota Motor UK is a sign of confidence in our employees and suppliers and their focus on superior quality and greater efficiency. We welcome the UK government funding contribution for this activity.
Our automotive sector is one of the most productive in the world and Toyota's decision to invest £240m upgrading its Burnaston plant is a further boost to the UK auto sector. Toyota is one of the world's largest car producers and this inward investment underlines the company's faith in its employees and will help ensure the plant is well positioned for future Toyota models to be made in the UK.
Continued tariff- and barrier-free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success. Our investment demonstrates that, as a company, we are doing all we can to raise the competitiveness of our Burnaston plant in Derbyshire.
As we prepare to leave the EU, this government is committed through our industrial strategy to ensuring the UK remains one of the best places in the world to do business and we are able to help businesses seize on economic opportunities.
He's got the manner of someone trying persuade an elderly relative to go into a nursing home. Obviously that doesn't include people like Trump and it doesn't include people who are demagogues or racists or prejudiced in any way.
I don't know if there'll be a boom in satire here. Clearly there's some big issues to get stuck into. In America, their politics and in particular their media are conducted at a much higher pitch ... There's an unending stream of news stories that are ripe for satirical comedy which we probably don't have here, but we should be able to do a very strong weekly topical satirical TV show. Because you don't have a commissioner saying 'you can't say that' or 'you have to balance this out', you can just say whatever you want.
Democracy is really important and you could argue at the moment, certainly in my lifetime, it has never been as important to protect us against certain forces ... So I make no apology really for on the whole defending (politicians).
(My comedy career) did die and I'm being reincarnated as Trump, oh God!
With discussions set to start on the replacement of models such as Vauxhall's Astra and decisions due on BMW's electric Mini, it is vital that Government ministers calm nerves by stating they will secure tariff-free access to the European single market and customs union in Brexit negotiations. This must also be backed up with investment in the UK's supply chain and new technology to ensure the UK remains a world leader in car manufacturing.
The market remains very competitive and the impact of cost price pressures remains uncertain. However, we are well placed to navigate the external environment and remain focused on delivering our strategy.
It is also an evening in which the Netherlands, after Brexit, after the American elections, said 'stop' to the wrong kind of populism. Rutte has not seen the back of me!! We won seats. The first gains are made. I would still like to co-govern as the PVV, if possible. But if that doesn't work … we'll support the cabinet, where needed, on the issues that are important to us.
It is also an evening in which the Netherlands after Brexit, after the American elections said stop to the wrong kind of populism.
The Netherlands said 'Whoa! Stop!' to the wrong kind of populism. We want to stick to the course we have – safe and stable and prosperous. It is the third elections after Brexit, after the American elections. We have the upcoming French and German elections. And this is a chance for a big democracy like the Netherlands to make a point – to stop this toppling over of the domino stones of the wrong sort of populism.
It is the third elections after Brexit, after the American elections. This is a chance for a big democracy like the Netherlands to make a point - to stop this toppling over of the domino stones of the wrong sort of populism.
It is the third elections after Brexit, after the American elections. We have the upcoming French and German elections. And this is a chance for a big democracy like the Netherlands to make a point – to stop this toppling over of the domino stones of the wrong sort of populism.
I want to be clear that a 'no deal' scenario would be bad for everyone, but above all for the UK, because it will leave a number of issues unresolved. We will not be intimidated by threats, and I can assure you, they simply will not work. Our goal is to have a smooth divorce, and a good framework for the future.
I can't quantify it for you in detail yet. I may well be able to do so in about a year's time. But it's certainly the case that it is not as frightening frankly Mr Chairman as some people think. But it's not as simple as some people think.
A 'no-deal scenario' would be bad for everyone, but above all for the UK. The claims, increasingly taking the form of threats, that no agreement will be good for the UK, and bad for the EU, need to be addressed. I want to be clear that a 'no-deal scenario' would be bad for everyone, but above all for the UK, because it would leave a number of issues unresolved. We will not be intimidated by threats, and I can assure you they simply will not work. Our goal is to have a smooth divorce and a good framework for the future. And it is good to know that Prime Minister Theresa May shares this view.
The claims increasingly taking the form of threats that no agreement will be good for the UK and bad for the EU needs to be addressed. However, considering the interests of the community of 27 countries in the context of the upcoming Brexit negotiations... I will be urging everyone to strive toward maintaining political unity among the 27.
This is another strategy of fear. After Brexit, nothing will happen to French citizens living in Great Britain and nothing will happen to British citizens living in homes in France. When people live on our territory and are not criminals, they do not dispute our laws or our ways of living, our customs, our values. I see no reason why we should not continue to welcome them in the French style. Russia is not a threat to France – why should I be hostile to Russia.
It would be impossible for people in the timescale suggested by Nicola Sturgeon to make a reasoned view and, therefore, have a legal, fair and decisive referendum as we did in 2014 on the basis of the facts as they would be aware of them at that point. If you are saying you want the referendum because of Brexit, then you have to know what the arrangement is that the UK has secured in relation to leaving the EU and how that has been delivered and, of course, you need to know what the SNP alternative to that proposal is.
Does she agree that governments should stick to their manifesto promises, and if so she can't object to the first minister sticking to hers?
The Netherlands, after Brexit, after the American elections, said 'No' to the wrong kind of populism. Today was a celebration of democracy, we saw rows of people queuing to cast their vote, all over the Netherlands – how long has it been since we've seen that?
In these elections there was an overwhelming attention from the foreign press, which is understandable because Brexit happened and Trump was elected, and because France, Germany and maybe Italy will be holding elections. They asked us: Will populism break through in the Netherlands? That is the answer that we have for the whole of Europe: Populism did not break through.
With the ongoing Brexit woes effectively strengthening the relationship between uncertainty and sterling, further downside losses should be expected.
There is uncertainty out there about how much of the Brexit effect is priced in – clearly we've had huge movements in sterling since June and when we do see these sharp falls there are people around looking for bargains.
Larger institutions in particular are exercising hiring caution. The data suggests that Brexit has had a fundamental depressing effect on City jobs.
With high employment and such a large number of opportunities on offer, the UK jobs market has turned into a sellers' market. This means that jobseekers in many sectors can afford to be selective. If candidates from the EU are put off from applying for jobs in the UK due to Brexit or the lack of a guarantee of EU citizens' rights to stay in the UK after Brexit, then the scales could tip even further.
They simply will not work. The claims increasingly taking the form of threats that no agreement will be good for the UK and bad for the EU needs to be addressed. A no-deal scenario would be bad for everyone, but above all for the UK because it would leave a number of issues unresolved. We will not be intimidated by threats and I can assure you they simply will not work.
Since the Brexit vote we've noticed a lot more interest in core assets, let on long leases.
Brexit hasn't started yet, and I don't think anyone really knows what the medium- to long term consequences are going to be.
The claims increasingly taking the form of threats that no agreement will be good for the UK and bad for the EU needs to be addressed. However, considering the interests of the community of 27 countries in the context of the upcoming Brexit negotiations... I will be urging everyone to strive towards maintaining political unity among the 27.
It's absolutely key that the EP is involved from day one in these negotiations. Because we, at the end, within two years from now, we have to give the consent on this final agreement and it will be a very difficult moment because it's two months before the European elections that we need to give our consent and we will only give our consent if the agreement is in line with our opinion and our redlines we have indicated.
Sturgeon is holding Britain to ransom by demanding a referendum at this stage when we are trying to negotiate Brexit. It is a stab in the back and a very cowardly act.
Then we meet and we start. And I guess the first meeting, bluntly, will be about how we do this? How many meetings, you know, who's going to meet, who's going to come.
Dublin is a an emergency, default option that we have. We are playing through all the scenarios. Nothing has been decided. Dublin is an option, just as Frankfurt or Amsterdam.
The tunnel vision the SNP (Scottish Nationalist Party) has shown today is deeply regrettable; it sets Scotland on a course for more uncertainty and division, creating huge uncertainty. And this is at a time when the evidence is that… the majority of the Scottish people don't want a second independence referendum.
This is not a moment to play politics or create uncertainty and division… It is a moment to bring our country together, to honour the will of the British people and to shape for them a brighter future and a better Britain.
Every one of these construction sites already has tenants booked through 2019. We'll need to build faster and higher if there's a hard Brexit as we now expect.
Ireland is in the same time zone. It has a very similar business culture, the same similar legal system, a very good, highly educated, flexible work force – many of the qualities that London has. We're not expecting that the whole of the City of London is going to move to Dublin by any means. But for those who need to find a location within the European Union for some of their activities post-Brexit, there is no better place than Ireland.
It is not irrevocable. You can change your mind while the process is going on.
I am not turning my back on further discussions. If the UK leaves the EU without Scotland indicating beforehand – or at least within a short time after it – that we want a different relationship with Europe, we could face a lengthy period outside not just the EU but also the single market. That could make the task of negotiating a different future much more difficult.
You want 'Nexit'. You want the Netherlands out of Europe. You know this will cost 1.5 million jobs. That would mean chaos for the Netherlands. In England (Britain), there's chaos too now, because of Brexit. You want to push the Netherlands into chaos too. Don't do it. I sincerely hope you're not going to be the biggest (party), that you won't form a cabinet, I will put up a tough fight. Don't do it. It's the worst news the Netherlands can have now.
There are two very different stories about next Wednesday's Dutch elections. A foreign story, which is all about Wilders and whether he can complete the populist treble after Brexit and Trump; and a Dutch story, in which Wilders isn't even the main character.
On Brexit all 27 [EU countries] agreed that there will be no negotiations of any kind until the UK formally notifies its intention to withdraw from the EU… Access to the single market means acceptance of all four freedoms. No single market à la carte.
If you look below the surface, the English economy suffers potentially irreparable harm because of their Brexit. They want to leave London, so they mainly think about Frankfurt and Amsterdam. I don't see right away how they can negotiate a deal with Europe in the future. It will never be as good as what they have now. The political system in London is shaking on its foundations. You don't want that.
The prime minister has alienated all who counsel moderation while indulging her party’s Europhobes. There aren’t many rules to drug dealing, but one of them is not to get high on your own supply. The product is for punters, and getting wasted is bad for business. The equivalent rule in politics is not to be taken in by your own spin. Prime ministers employ people to push positive stories about them on Westminster street corners. But they shouldn’t consume that line themselves.
I prefer not to use a term of divorce from the European Union because very often when people get divorced they don't have a very good relationship afterwards.
There is much that binds us and I don't want to see anybody doing constitutional gameplaying with the future of the UK. The most important single market for Scotland is the single market of the United Kingdom.
In my heart, I long for Wales to leave the UK. While the economics doesn’t add up, we urgently need to follow Scotland in discussing our future as a nation. Nicola Sturgeon’s announcement on Monday that she plans to hold a second referendum on Scottish independence was inevitable after Theresa May refused to discuss full Scottish access to the single market and threatened to restrict new powers for Scotland after Brexit. Downing Street, having decided the British people have had quite enough democracy for the time being, countered that “another referendum would be divisive and cause huge economic uncertainty at the worst possible time”.
I believe people can do far more than they think they can.
They've put us in this position – it's not where we want to be. I would be absolutely negligent in my duty as a government minister were I not to pursue the interests of the Scottish people. And the single market membership is absolutely crucial, for jobs, for services, for people. If we're meant to be treated with respect, with equal partnership, then we've seen very little respect, very little partnership. If it's a partnership of equals it doesn't feel like that from Scotland.
So much is unclear from the UK government. And that's one of the reasons we find ourselves here. We've put forward compromises, we're trying to work with the UK government, we've not had anything meaningful back, so therefore we can't drift for the next two years. We have to provide some political leadership. If you look at what the expectations are from the European commission and, indeed, other capitals, I think we'll be in a very sorry and sad state indeed by autumn 2018.
The parameters of that deal will have to be known by autumn 2018, so other EU countries can have the ratification, in order to do what the UK wants, which is to leave by spring 2019. That window of opportunity for Scotland to take a different course, once the parameters of the hard Brexit deal are known by autumn 2018, would allow us to take a different course before the actual exit by the EU.
After the vote to leave the EU you immediately saw the pound fall and it seems clear we will experience some inflation. We took the decision that because the mortgage market was fiercely competitive we should take advantage of a longer fix than we would have looked at ordinarily. It was a combination of Brexit and the feeling that I couldn't see how, over the next few years, mortgage rates could move substantially down.
If Scotland is to have a real choice - when the terms of Brexit are known, but before it is too late to choose our own course - then that choice must be offered between the autumn of next year, 2018, and the spring of 2019.
The UK Government was clear in 2014 that an independence referendum should be, in their words, made in Scotland, by the people of Scotland' – that is a principle that should be respected today. Having Scotland's referendum - at a time when the terms of Brexit are known - will give the Scottish people a choice about the kind of change we want. And it must be a choice for all of us.
Brexit has made change inevitable… the choice I believe Scotland should have should be what kind of change we want. U.K. membership of the single market was ruled out with no prior consultation with the Scottish government, or indeed with other devolved administrations – leaving us facing not just Brexit, but a hard Brexit.
We've seen it with Brexit, we've seen it with Trump, when we thought it wouldn't happen the night before. The chance is still large as life that we wake up on March 16th and Wilders's [party] is the biggest.
We expect that GBP will begin a steady rebound from depressed levels. Greater clarity surrounding the negotiations will prompt a stronger currency, as the worst case scenario for Brexit is already priced in. Uncertainty and volatility are the enemies of the Pound, but the plunge in the Pound over the past nine months has been exaggerated.
If I ruled out a referendum, I would be deciding–completely unilaterally–that Scotland will follow the UK to a 'hard Brexit' come-what-may, no matter how damaging to our economy and our society it turns out to be.
I can confirm today next week I will seek authority of scottish [sic] parl -legislate for an independence referendum. The future of the UK looks very different today than it did two years ago. Scots should be able to choose whether to follow the UK to a hard Brexit, or to become an independent country able to secure a real partnership of equals with the rest of the UK and our own relationship with Europe. Membership of the single market was ruled out with no prior consultation with the rest of the UK. We face a future outside the world's biggest single market.
It sets Scotland on a course for more uncertainty and division. I am not turning my back on further discussions should the U.K. government change its mind. Sometimes you've got to do what you think it right in politics. And I think it's right for Scotland to have a choice.
I will take the steps necessary now to make sure that Scotland will have a choice at the end of this process. A choice of whether to follow the UK to a hard Brexit, or to become an independent country able to secure a real partnership of equals with the rest of the UK and our own relationship with Europe. I think would be the common sense time for Scotland to have that choice, if that is the road we choose to go down. I'm not ruling anything out.
The timing of the Brexit negotiations are not within the control of the Scottish Government. However, we must plan on the basis of what we do know now and what we know is that on the timetable set out by the Prime Minister, the shape of the Brexit deal will become clear in the autumn of next year ahead of ratification votes by other EU countries. That is therefore the earliest point at which a referendum would be appropriate. Having sunk the ship with the Brexit vote, that would be puncturing Scotland's lifeboat as well and I don't think that would be acceptable.
Scotland stands at a hugely important crossroads. On the eve of Article 50 being triggered, not only is there no U.K.-wide agreement on the way ahead – the U.K. government has not moved even an inch in pursuit of compromise and agreement. All of our efforts at compromise have been met with a brick wall of intransigence. I will continue to stand up for Scotland's interests during the process of Brexit negotiations.
But I will take the steps necessary now to make sure that Scotland will have a choice at the end of this process – a choice of whether to follow the U.K. to a hard Brexit, or to become an independent country able to secure a real partnership of equals with the rest of the U.K. and our own relationship with Europe.
I am not turning my back on further discussions should the U.K. government change its mind. Sometimes you've got to do what you think it right in politics. And I think it's right for Scotland to have a choice.
It will prove challenging for the government to manage expectations over a two-year period, and negotiating setbacks may be reflected in heightened financial market volatility.
Brexit has made change inevitable.
The future of the U.K. looks very different today than it did two years ago.
It is worrying that our government chooses to ignore the concerns of its own citizens and the evidence put to its select committees that citizens' rights should be confirmed immediately. The government's own white paper said it had engaged with citizens' groups in Europe, but we have yet to find one group that has been approached by the Department for Exiting the EU. We do wonder what the outcome might have been had they actually done so.
The hearts of 3 million EU citizens living in the UK will have sunk today when they heard that MPs had voted down the amendment to article 50 giving them guarantees. This was the last chance, and I struggle to find words to express my utter desperation that EU citizens will now be used by the government as bargaining chips in the Brexit negotiations.
We share their suffering, and know exactly how stressful and unpleasant it is to live with this degree of uncertainty for ourselves and our families. We do not believe people should be used as a bargaining chips.
The UK government has not moved even an inch in pursuit of compromise and agreement. Our efforts at compromise have instead been met with a brick wall of intransigence.
The tunnel vision that the SNP has shown today is deeply regrettable. It sets Scotland on a course for more uncertainty and division, creating huge uncertainty. And this is at a time when the evidence is that the Scottish people, the majority of the Scottish people, do not want a second independence referendum. So, instead of playing politics with the future of our country, the Scottish government should focus on delivering good government and public services for the people of Scotland. Politics is not a game.
If Scotland is to have a real choice - when the terms of Brexit are known but before it is too late to choose our own course - then that choice must be offered between the autumn of next year, 2018, and the spring of 2019. If the UK leaves the EU without Scotland indicating beforehand - or at least within a short time after it - that we want a different relationship with Europe, we could face a lengthy period not just outside the EU but also the single market. Yes I do. Absolutely, I believe that. LABOUR PARTY WON'T OPPOSE CALL FOR REFERENDUM IF SCOTTISH PARLIAMENT WANTS ONE.
The first minister’s call for a second independence referendum won’t have been taken lightly, but it’s a gamble she clearly feels she can win. Nicola Sturgeon’s decision to flag up a second referendum on Scottish independence is hardly a bombshell – it has been the stuff of rumour since the Brexit vote last year. But it certainly threw a hand grenade into a Westminster forum fixated on the triggering of article 50. So while London waited for one starting gun to fire, another went off in the elegant surroundings of the first minister’s official residence in Edinburgh.
Yes I do. Absolutely, I believe that.
If Scotland is to have a real choice - when the terms of Brexit are known but before it is too late to choose our own course - then that choice must be offered between the autumn of next year, 2018, and the spring of 2019. If the UK leaves the EU without Scotland indicating beforehand - or at least within a short time after it - that we want a different relationship with Europe, we could face a lengthy period not just outside the EU but also the single market.
I am taking the steps necessary to make sure that Scotland will have a choice – wheth- er to follow the UK to a hard Brexit, or to become an independent country able to secure our relationship with Europe, build a stronger and more sustainable economy and create a fairer society. That choice will not be taken by me, the Scottish Government, or the SNP. It will be decided by the people of Scotland. It will be Scotland's choice. And I trust the people to make that choice. I trust you to make that choice.
What they can say is the parliament will have a say at the end of the negotiations. David Davis and everybody else knows that parliament will find a way to have a vote – isn't it better that the government acknowledges that today, recognises that MPs will have a say at the end of this. But if the prime minister wants a united party behind her, then this is a simple reassurance that can be given by ministers at the despatch box that will have the effect of me and my colleagues supporting the government in this.
Each date has different implications in terms of when it could be responded to by the (European) council ... I'm not going to get into the details why, but there's politics in terms of achieving success.
It's going to be tough, but it's in absolutely everybody's interests that we get a good outcome. What we can't have is either house of Parliament reversing the decision of the British people.
The row over national insurance for the self-employed is a sign of a party struggling to accept a revolution in the way we work. ‘Why don’t they write about Matthew Taylor’s review of employment practices?” This question was put to me by a senior ally of the prime minister a few months ago, when the papers were full of Brexit – as they will be, once again, this week. The point this person was trying to make was that the government is not exclusively preoccupied by the EU. To paraphrase the exasperation: here we are, taking audacious steps such as appointing Tony Blair’s former policy chief to examine the world of work, and all anyone wants to talk about is article 50.
It is a serious worry, the uncertainty around a possible no deal, which I think could lead to really significant chaos in terms of regulation tariffs coming in very quickly. Add all of those up and you can see why the no deal outcome, we think, shouldn't be a plan B but should be more like a plan Z in terms of the Governments pecking order.
However they voted in the referendum, the majority of people now want the Prime Minister to be able to get on with the job. By a majority of four to one, MPs passed straightforward legislation allowing the Government to move ahead with no strings attached. I will be asking MPs to send the legislation back to the House of Lords in its original form so that we can start building a Global Britain and a strong new partnership with the EU. Our new position in the world means we can restore national self-determination, build new trading links and become even more global in spirit and action.
(For) some of our colleagues, this (multi-speed Europe) is seen as introducing a new dividing line, a new kind of iron curtain between the east and west. That's not the intention. I do not like Brexit, because I would like to be in the same boat as the British. The day will come when the British will re-enter the boat, I hope.
The desperate blame game over the budget is a bad sign when the perilous business of Brexit is about to begin. It is one of the more endearing eccentricities of British government that the two most powerful people in the cabinet live next door to each other. Even more bizarrely, they also live on top of each other, since the chancellor’s flat is located above Number 10 and the prime minister’s living quarters are above Number 11.
For the future of those employees and for customers in the UK, a zero-tariff environment is really, really important.
The shuttering of entire plants is therefore not excluded.
The first priority will be to establish what preferential trade terms the UK is prepared to offer. If the UK's exit arrangements with the EU involve restricted movement for EU nationals this could indirectly cut the flow of Israeli tech workers to the UK, unless the UK designs a special arrangement for Israel.
Yes, of course, we would love to sell to Britain. We have excellent avocadoes – because my husband grows them!
We're seeing trading bilateral relationships between the UK and Israel, in science and trade for example, doing better than ever. But there's the potential to do even better, particularly in the context of Brexit. I was with Theresa May and Benjamin Netanyahu in London and it was clear there was the determination for this. Most businesspeople in Israel look at the UK as a great place to do business, because of its culture, language, and the predictability of the regulatory and tax systems.
If it were possible to sell in England then, my God, yes, we would.
It's one of the best restaurants in London. They do nice sandwiches and I think it's a nice place to work.
We are well prepared for all procedures and I have no doubts that we will be ready in 48 hours. I think it's a proper time to react.
I don't like Brexit because I would like to be in the same boat (as) the British. The day will come when the British will re-enter the boat, I hope. But Brexit is not the end of the EU, not the end of our development, not the end of our ambitions.
If we do find there are tariffs on sending cars out, or there are tariffs on bringing components in, then that would be a motivator to repatriate some component production to the UK.
If it's a hard Brexit then of course the supplier base needs to be developed, and I think this is something that the UK government completely understands.
We're now seeing the consequences of the Brexit vote feeding through into the economy, whereas immediately after the vote the data was surprisingly strong. But I think a lot of the negatives around Brexit are quite heavily priced in already, and ... sterling is going to be supported around $1.20 - I can't see it falling much below that.
The coming housing benefit cuts show the damage that centre-left fiddling has done. For the sake of all who need a home, Labour needs to own this issue. Housing benefits for 18- to 21-year-olds are due to be cut next month. This is, of course, a policy that is both vicious and vacuous, and whose impacts will be felt in a rise in homelessness and the increased vulnerability of young people, especially those who are members of marginalised and at-risk groups. Even David Cameron’s government shied away from the idea.
We would be concerned that if we were to withdraw from the EU, a lot of momentum around air quality and efforts finally starting to take hold would be lost, and that would have disastrous consequences for public health in the UK. The worry would be, if we were to withdraw, the government would look to immediately amend or repeal existing legislation and choose its own timetable for meeting the limits - or scrap the limits.
We've got off-the-shelf hybrid systems and electric systems today.
We were expecting some significant economic impact from the various risks that have been materialising; you remember the Brexit, you remember the Italian referendum, you remember the new US administration, now we have the elections in Europe. Now these risks – some of them – have materialised, but we haven't seen yet a significant economic impact.
I'm interested in all these terms that have been identified. Hard Brexit, soft Brexit, black Brexit, white Brexit, grey Brexit–and actually what we should be looking for is a red, white and blue Brexit.
Eventually, modular businesses will get better and be available for the small and medium-sized housebuilders to use, but I think, at the moment, it is probably beyond their reach.
Fundamentally, the construction industry has been doing some things the same way for hundreds of years. Historically, we had the labour ... But the challenge is different now.
Mindful of skill shortages, which is a big issue within the industry, and the implications of Brexit potentially, we've started to look at all the mainstream alternatives.
Within that window, er I guess of when the, the sort of outline of a UK deal, becomes clear on the UK exiting the EU, I think would be the common sense time for, Scotland to have that choice, if that is the road we choose to go down. Well, I'm not and I never have been and, you know, I always think that sometimes kind of says more about them than it says about me because it, it suggests that there are politicians in Westminster who think Brexit and all of this is some kind of game.
What we're really worried about is what it's doing to demand. We've not seen any significant increase in inbound passengers. It's only a hypothesis, but it could be a feeling after the referendum they've been rejected – that Britain is not making them feel welcome.
Within that window, I guess, of when the outline of a UK deal becomes clear and the UK exiting the EU, I think would be commonsense time for Scotland to have that choice, if that is the road we choose to go down. I'm not and I never have been. I always think that says more about them than it says about me because it suggests that our politicians at Westminster and all the rest of it think that Brexit is some kind of game.
A strong economy needs a fair, stable and competitive tax system, creating the growth that will underpin our future prosperity.
Reflecting the recent strength in the economy, the OBR has upgraded its forecast for growth this year from 1.4 percent to 2.0 percent. To make the UK even more attractive for R&D we have accepted industry calls for a reduction in administrative burdens around the scheme.
As we start our negotiations to exit the European Union, this Budget takes forward our plan to prepare Britain for a brighter future. It provides a strong and stable platform for those negotiations.
It is clear that some in the Lords would seek to frustrate that process, and it is the government's intention to ensure that does not happen.
She's got a man-size job? It's a woman-size job now.
It is clear that some in the Lords would seek to frustrate that process, and it is the Government's intention to ensure that does not happen. We will now aim to overturn these amendments in the House of Commons.
In terms of price this year, I think it will go up to $3,000. As it becomes more pervasive and more generally accepted, I think you'll see rapid growth in adoption. People are unsure about what is going on in the world, and digital currencies unlike the U.K. pound sterling have been hit badly because of Brexit, so people are looking to divest into bitcoin. There is a definitely upward trend. So the drivers will be hedging against currency fluctuations and insecurity in the markets.
We will now aim to overturn these amendments in the House of Commons.
Due to the increased xenophobia in the general population, I personally don't feel welcome in the UK any longer. This is emphasised by the government's position. Instead of strongly condemning these tendencies, it seems to be silently endorsing them.
There was nothing on the ballot and no suggestion from parliament that there would have to be another referendum if the UK were to vote to leave. Where does this end? Will we continue to hold the same referendum until we get the result those supporting this amendment would prefer?
There is no decision so far (regarding a border adjustment tax) so we need to wait and see what the future will bring.
The context clearly is nothing to do with Brexit. This is a restructuring of the organisation. And in my discussions with PSA, actually the chief executive has said today that Brexit isn't an essential driver of this, and we want to have the best possible trading relationship with Europe, but in any event Carlos Tavares has said there are opportunities post-Brexit.
We want to create a European automotive champion from the combination of a French and a German company. We are indeed committed to these two iconic brands with their respective German and British heritage. We're confident that the Opel-Vauxhall turnaround will significantly accelerate with our support. If it is a hard Brexit, perhaps, in terms of strategy, it is going to be a very nice opportunity to be able to source the UK from the UK. This may look to you a little bit romantic.
Global events like Brexit and the Trump travel ban have caused economic turbulence. The travel ban caused a very big bump to the Bloomberg U.S. Airlines Index – dropping more in a day than it had in many months. Airline stocks have, like many other firms, been hit by concern about any signs that isolationist statements might make it into real policies. Firms with deeper pockets and better relationships may be better able to offset fuel cost rises with more efficient engines, materials and even using additive manufacturing techniques like 3D printing to dramatically reduce overall costs.
Delaying the Bill, complicating it or making elements of it justiciable would however be profoundly damaging not only to the UK, but to the whole prospect of a future partnership between the UK and the EU. We need to get on with negotiating, to show our counterparts that our approach and our requests are reasonable, and to reassure millions of people living on both sides of the Channel.
This would be profoundly against the interests of a good negotiation and the UK national interest. Waiting to trigger Article 50 until after the UK could prepare and set out its strategy was the right thing to do. We are in consequence better prepared, better informed on the needs of business and all sectors of the economy, and we have built up a better understanding of the steps that need to be taken during and through the process to secure the best outcome for the UK.
The straightforward passage of this Bill, already supported by a majority of five to one in the Commons, is the best way to achieve those aims.
They're saying they're going to honour our contract for eight years. But it's another two years till Brexit, which is a worry. I've been here since I was 19; I know nothing else.
The government seems to be in no hurry to remove us from the limbo we’ve been in ever since the Brexit vote. Theresa May cares about me and a million more people like me – British citizens who, before Brexit, chose to make their lives in Europe. There are, however, only two reasons why I know this. One is that the prime minister has repeatedly said so. The other is that three million Europeans who live in the United Kingdom are being held ransom on my behalf, forced to endure the stress and chronic uncertainty inflicted on those “displaced” by the new wall being erected in Europe.
Glad to see the uncertainty over the PSA/GM deal is now over. Our UK plants are among the most efficient of any in the new company. They deserve a bright future. Now government needs to play its part, delivering a Brexit deal that keeps Vauxhall building in the UK.
The threat exists. The far right has never been this high for 30 years. But France will not give in.
If Europe is strong and united, Russia will want to keep a lasting and balanced relationship [with us].
The UK's problem is this: it had thought that in leaving Europe it would tie up a strategic partnership with the US. But it now happens that the US is closing itself off from the world. The UK has made a bad choice at a bad moment. I regret that. In my mind, the UK, even outside the EU, should be associated with that. This is not just about emotion or fear, it's a political reality for four years.
I'm president of France until the beginning of May. That is my only task and focus. When a new policy is raised, I hear more and more often the line: 'We don't want to pay more than we get back.' It's the return of Mrs Thatcher's phrase: 'I want my money back.' Britain has left, but that bad attitude has remained. Europe makes good decisions, but too late. As for ideological operations, they must be uncovered. There has to be a clear explanation of who is with who, who is financed by who. And why all these far-right movements are more or less linked to Russia.
There are still some voices calling for massive borrowing to fund huge spending sprees. That approach is not only confused, it's reckless.
That is a really big challenge, it is not something that we might have aspired to five years ago, but now we see that we could do that and it is a really strong statement of intent on how we want to operate the company. It is a very consultative process, it requires us to respond to their concerns and either build them into our plans or explain why we haven't, and that is a way of building consensus. Our plans are much better today than any previous plans we've had, because we've done a lot of consultation already.
Yes I would, actually.
Once the UK had made its decision to leave, the decision on airport expansion became obvious. We handle 30pc of UK exports outside the EU but we're at capacity. If you want to be a global Britain, you have to expand your global airport, there is no question about it. We want to make sure we have a system which is as quick and simple as possible for people who legitimately have the right to get into the country, and the same with goods. As a trading nation, that should be perfectly achievable. It should be a competitive advantage for the UK because we can set our own rules to some extent.
If your bank increases your credit card limit, I don't think you feel obliged to go out and spend every last penny of it immediately. I regard my job ... as making sure that our economy is resilient, that we have got reserves in the tank. Whatever is being said publicly ahead of the negotiation, the private messaging is that people are now engaging with this more as a shared problem, something that we have to solve together. There is an increasingly pragmatic approach.
Whatever is being said publicly ahead of the negotiation, the private messaging is that people are now engaging with this more as a shared problem, something that we have to solve together. There is an increasingly pragmatic approach.
While we are making steady progress in eliminating the deficit, there are still some voices calling for massive borrowing to fund huge spending sprees. That approach is not only confused, it's reckless, unsustainable, and unfair on our young people, who would be left to deal with the consequences. Quiet satisfaction at the strong performance of our economy should not be mistaken for complacency: As we begin our negotiations with the EU we are embarking on a new chapter in our history.
EU nationals in the UK and UK nationals in the EU are aware of the forthcoming negotiations, but they do not want to be used as bargaining chips. Although the Government has said it wants EU citizens to be able to remain, this has not offered sufficient reassurance that the rights and status that they have enjoyed will be guaranteed. It should now do so.
EU citizens who have come to live and work here have contributed enormously to the economic and cultural life of the UK. They have worked hard, paid their taxes, integrated, raised families and put down roots.
If your bank increases your overdraft limit, you don't want to go and spend every penny in it. We've got enough gas in the tank to see us through that journey … that seems like a sensible approach.
The crisis is here now. We should prepare for Brexit but some of that money now needs to deal with the crisis in the NHS and social care.
A particularly strong area is the industrial sector, the small industrials sector. There is no slowdown there, no affect from Brexit at all.
Brexit isn’t like Trump’s election. It’s Britain’s safety valve against angry, radical populism. What is Nigel Farage so cross about? We won the EU referendum, for goodness sake. Since 23 June, I’ve been walking on sunshine. My mood has been a state of Zen-like bliss.
Behind a smokescreen of bogus patriotism, ideologically driven cuts to the NHS and all our public services are unpicking the bonds of nationhood. On Saturday there was a demonstration against funding cuts to the NHS. A quarter of a million people were all willing to lay down a bit of their weekend to protect the institution that represents not just security but generosity, civility, cooperation and everything noble and worthwhile about living as part of a nation. Surely there’s some next move? Surely we don’t just have to stand by and watch as services are cut back and privatised, staff see their pay frozen and conditions worsen, patients get used to expecting less, and the government answers every charge with a bland remark about an ageing population?
If there is anybody in the European Union who thinks that if we don't do a deal with the European Union, if we don't continue to work closely together, Britain will simply slink off as a wounded animal, that is not going to happen. British people have a great fighting spirit and we will fight back. We will forge new trade deals around the world. We will build our business globally. We will go on from strength to strength and we will do whatever we need to do to make the British economy competitive and to make sure that this country has a great and successful future.
Obviously, this is a piece of negotiating strategy that we are seeing in Brussels. We are a nation that honours its obligations and if we do have any bills that fall to be paid, we will obviously deal with them in the proper way. We are a nation which abides by its international obligations. We always have done, we always will do, and everybody can be confident about that.
If we want the best possible business environment in the UK to help navigate Brexit, then strong action on business rates should be top of the list.
We all know that the SNP will never stop twisting the truth and distorting reality in their effort to denigrate our United Kingdom and further their obsession of independence. A tunnel vision nationalism, which focuses only on independence at any cost, sells Scotland short. As I have made clear repeatedly, no decisions currently taken by the Scottish Parliament will be removed from them. I am determined to ensure that as we leave the EU, we do so as one United Kingdom, which prospers outside the EU as one United Kingdom.
England's difficulty is Ireland's opportunity.
Most glaring example of 'tunnel vision' in UK today is Tory (Conservative) obsession with immigration which is driving disastrous Brexit process.
[T]he big elephant in the room is Brexit, which these two parties [Sinn Féin and the DUP] have taken different positions on.
It's about communicating with them in a timely and meaningful manner, not giving them too much content, and what you do give them is within the lines of what they want to hear.
The Vote Leave campaign owes a great deal of its success to the work of AggregateIQ. We couldn't have done it without them.
Smells can influence attitudes and therefore behaviour.
Cambridge Analytica uses data and machine-learning to profile people and predict personalities and attributes. When I did their test I had a 65% probability of being male, and [was] likely [to be] homosexual.
The government’s refusal to confirm that 3m EU migrants can stay in post-Brexit Britain shows that the tolerant nation we thought we knew no longer exists. England, which England? England, whose England? Why should we love or at least tolerate it? As recently as a year ago, one could answer the who, whats and whys with a series of “nots”. This land was not Idi Amin’s Uganda. It would not contemplate deporting nearly 3 million European citizens. It would be unconscionable to allow generally good people who live, love, marry, raise children and work among us to fear being marched to the ports like enemy aliens. Not least when there are about a million of our fellow citizens living in Europe who could be the target of retaliatory measures.
The permanent residence application process is disproportionately burdensome and involves collection of information which goes far beyond what is required to prove residence over a five-year period. While there will always be complex cases that require detailed consideration, it should be possible to clarify the status of the vast majority of individuals already here by simply using a streamlined system.
This just emphasises how isolated the prime minister is now on this. Whether you campaigned to remain or leave, there's a growing consensus – including now the House of Lords and the cross-party Brexit select committee – that EU nationals should not be used as bargaining chips. The prime minister needs to listen to this, and act now.
This will be exceedingly difficult to achieve, as any measures to increase taxes on the energy sector is likely to drive up wholesale prices, which will likely have a knock-on effect to retail prices and be a deeply unpopular measure with business and consumers.
Post-Brexit Britain will need more self-sufficiency in developing skills and people will need the confidence, support and opportunities to adapt and change. This announcement is a good down-payment to help develop a new and better system over the next decade.We will be working with the government to help design that system and implement the changes needed. For too long, technical skills and education have been overlooked when investment in education is being considered; this announcement will make a significant and positive difference.
Governing boards are telling us loud and clear that balancing schools budgets has got to the point that pupils' education will suffer. The NGA is calling on the chancellor to invest 3% more now for each pupil in England to avoid this outcome.Not to invest in schools is short-term thinking with long-term consequences.
The February index reading is broadly indicative of global manufacturing output growing at a robust annual rate of 4-5%.
The worst case, obviously, is a total breakdown in talks and the return of a hard border. WTO tariffs that would see those 600m litres attract an aggregate tariff of 45pc would make it instantly uncompetitive for southern dairies to use it.
As things get more expensive, then we'll have to just sell on [providing] solutions, which is why we've just decided to boost R&D spending to 7pc of turnover annually. The only real worry is that if the UK goes into recession and doesn't need our products in the current quantities, that then will be a concern for us.
We are already asking Government what will be in place when that deal no longer applies to the UK. Everyone is so focused on a UK-EU agreement, we wonder if there is the technocratic bandwidth to deal with this? So far we are not getting many answers.
In those circumstances, with Brexit coming down the road, we won't have our own administration to speak for us and offer the best prospect of delivering the kind of outcome we need.
Those who actually love their country would never seek to divide it.
It is also a re-assertion of our position on Brexit, that this part of Ireland should have a special designated status. Whatever your position is on the constitutional issue, that the only way to stop a land frontier between a European state and the British state on this island is to make sure there is a special designated status within the European Union for this part of Ireland.
The PMI number dropped to a five-month low but I think we should take that in the context of the spike we've had since the Brexit vote and the drop in sterling really pushing economic activity higher. The big worry is that a lot of the good news is in the price, if you like, where the UK economy is concerned.
All I'm trying to do is ensure that the debate happens and there is the space and oxygen for them to do their duty, because at the moment the way that the media and certain politicians are acting – it's really just blackmail and bullying that's happening.
There is real danger in this process of Brexit that we don't have scrutiny, that it will actually empower Mrs. (Theresa) May and the executive, rather than parliament if this goes ahead; because they'll be making momentous decisions with a handful of people rather than parliament. (In the end) it's going to be about the negotiated package. We're going to leave but nobody actually knows what's going to happen in Europe – much less in Britain in 18 months' time.
We don't know if there'll actually be the same Europe that we have now. So how can you set sail in this Brexit ship – as they talk about – with no lifeboats, no lifejackets. I mean, you just wouldn't do it. So far, I'd say there's a lot of hard words, but very little wind behind them.
India, our Commonwealth partner, is one of the world's largest spirits markets. But within the EU, Scotch whisky faces a tariff of 150 percent for selling to India. And Scotch whisky, the world's preeminent spirit has just a one percent share of the Indian market. I am determined that we should do better than that for our key industries.
One of the things that we did lose was that nice and easy flow of clinicians and clinician science from Canada, the US, Australia, New Zealand and South Africa. We had really good collaborations, which hopefully in this Brexit climate might be reinvented , because that movement of English-speaking medicine was actually a casualty of joining Europe.
It's to our benefit, and to our advantage, because we are net recipients of EU staff coming into the UK. They've been trained, funded elsewhere. We benefit from what they sent to us. We receive more than we send.
We must take this opportunity to bring our United Kingdom closer together because the Union which we all care about is not simply a constitutional artefact. It is a union of people, affections and loyalties…The existence of our Union rests on some simple but powerful principles: solidarity, unity, family.
If the prime minister knows what she’s doing, she is doing it awesomely well. But what is it all for?I just don’t know what to make of Theresa May, and I’m not the only one. In early January, the Economist dubbed her “Theresa Maybe: Britain’s indecisive premier.” Two months onand an editorial this week describes her as: “Monarch of all she surveys.” The pertinent change during this period has been May’s adoption of hard Brexit, which no one could claim as indecisive. But “Monarch of all she surveys?” Still, May does seems fairly sensible. Indeed, she appears to be constructed entirely from steely pragmatism. If you presume that she knows what she’s doing, then she’s doing it awesomely well. May has total control of the Conservative party. If a word is ever said against her, by anyone, it’s about trousers.
After Brexit there were divisions in his community in Nottingham, he was concerned about the way ordinary people were reacting to ordinary Muslims. So with that background he was looking for a different way of life. He was convicted on the basis that was what he intended to do but it not something he would have been able to do.
The defendant had a profound and enduring interest in extremist Islam, jihad and the propaganda of Islamic State and other terrorist organisations.
He wanted to leave the UK to live a humble, simple life, in a Muslim community. He discussed going to Somalia. He considered going to Bosnia, and he considered the Philippines. He wanted to live in a community under sharia law with what he saw as an idyllic way of life. I repeat that for him to join that group the idea is quite frankly absurd.
Are you the counter-terrorism police? I heard in Holland's cafes they're always on high alert. We tended to joke about terrorism a lot. If someone asks me about terrorism I'm going to tell them I like a bang in the morning too.
I want to know what the terms of our EU exit will be before I vote for it. And I believe the people, not just parliament, have the right to a say. Despite the prime minister’s threats of dire retribution should peers attempt to amend her Brexit bill, the House of Lords this week demonstrated a determination to do its job. Wednesday’s vote requiring the government to guarantee the rights of EU citizens prompted the second highest vote ever in the upper house. Ironically, the record remains with the 1993 debate over the Maastricht treaty to enlarge the European bloc.
Weaker consumer spending was a key cause of slower service sector growth, suggesting that household budgets are starting to crack under the strain of higher prices and weak wage growth.
Notwithstanding the disappointment, that is what everyone has been expecting to happen - we just hoped we were wrong.
As we bring powers and control back to the United Kingdom, we must ensure that right powers sit at the right level to ensure our United Kingdom can operate effectively and in the interests of all of its citizens, including people in Scotland. As I have made clear repeatedly, no decisions currently taken by the Scottish parliament will be removed from them. While the SNP propose that decision-making should remain in Brussels, we will use the opportunity of Brexit to ensure that more decisions are devolved back into the hands of the Scottish people.
The UK devolution settlements were designed in 1998 without any thought of a potential Brexit.
The slowdown in the pace of economic growth signalled by the February surveys pushes the PMI [purchasing managers' index] back towards territory more indicative of additional policy stimulus from the Bank of England than a tightening. Policymakers are therefore likely to continue to stress the need to look through any further upturn in inflation and focus instead on the need to keep policy accommodative in the face of a likely further slowing in the pace of economic growth in 2017.
What is the constitutional difference between England, Great Britain and the United Kingdom, particularly after Brexit?
We have got, I think, a good relationship… I know her media persona is quite reserved, but she's got quite a quiet wit about her. I think she'll be a good prime minister. She takes everything very seriously, and will always do the right thing. To serve through Brexit is going to be a bloody tough shift, and I take my hat off to her that she wanted to take it on. Labour is still fumbling with its flies while the Tories are enjoying their post-coital cigarette. After withdrawing our massive Johnson.
The strongest innovators and strongest brands generate the strongest total shareholder returns. Perhaps surprisingly, corporate structures that seem to offend customary good corporate governance may deliver better long-term results. The prospects in the UK are more mixed as the post-Brexit vote scenarios will play out over the next two years and uncertainties about the possible outcomes increase.
I'm really proud that in Gloucester our audiences are young, diverse, and we work in areas of abject poverty to sell-out audiences. I really want to see that happen with the show when it comes back. That feeling of outrage and powerlessness that I had (after the referendum), that's a feeling that the other half of the country have frequently. So it feels like it turned things upside down.
We have tried to make this as unbiased and as equal and open as it can be.
We've come at it very open-minded as actors, and because of that we have loved these people that we're talking for and we've really appreciated their views so much more.
We all moan about it to each other but no one wants to accept that and take it any further, so it kind of falls on deaf ears.
For now, we decided not to reduce (investments) because sales are better than expected. We thought Brexit would impact sales, but we had a very good last quarter in England and we are having a good first quarter. Both are of interest to us. These assets have been on sale several times but they were too expensive. The day will come when we have a price that we believe will be reasonable for these assets.
Stripping the EU to the basics of the Single Market could, according to the European Commission, mean that decision-making might be simpler to understand 'but the capacity to act collectively is limited'. Consequently, the EU could also become a network of bilateral agreements and deals, which might 'widen the gap between expectations and delivery at all levels.' If the EU would be stripped to the basics of the Single Market, the entire euro zone could also be at risk.
This bill will go through, there has never been any question about it going through. I think the Lords collectively will back off. The idea that ... this somehow jeopardizes the 31 March deadline is complete baloney.
We see companies waiting to make decisions on new hiring, as they expect (Brexit) Article 50 to be triggered in the coming months. They want to have more clarity about the future.
Although the lack of continuity at this point in the process is alarming, frankly we don't care who it is the government chooses to oversee the process, as long as they can provide some clarity to the financial services sector. The government must start providing some answers and guidance.
We've said very, very clearly that we want to come to a generous arrangement for everybody in the European Union. And that is not just about the right to remain which is what people mostly focus on but things like pensions and healthcare, social support, welfare as well. We want to get that all right and we want to do it soon. It will be the first thing on our agenda. I would hope that we would get some agreement in principle very, very soon, as soon as the negotiation process starts.
When it comes back to the lower house, we will see what the decision is. I think you'll find they may have a different view.
Tories are principled people, generally. Frankly this is a moral issue, the government has created a problem for nearly 4 million people living and working in this country.
It is a source of real frustration that so far the [Brexit] debate has been focused too much on parliament and process, and not enough on the principles and priorities that will shape the Brexit deal and our future relationship with the EU.
The peers debate was a terrible augury for how Theresa May intends to conduct these negotiations. It looks like things can only get worse. Here’s the Daily Mail’s comment the morning after: “In an act of betrayal and dishonesty, the House of Cronies, Dodgy Donors and Has-Beens voted last night by 358 to 256 to amend the Brexit Bill.”.
I personally don't see any need to delay.
Europe is more than power, goods and money. The internal market and the euro are not goals in themselves, they have to serve the individual and the community. But there are governments that want to reduce the role of the European Union and the EU Commission towards the internal market management. I am strictly against it.
For many Eastern European countries, protecting the workers in and remittances from the UK may be the most important priority, and countries such as Luxembourg, Malta and Cyprus rely on British workers.
Spain, however, may be glad to stem the flow of British pensioners to the economy, whilst Germany may be glad to see greater immigration from Eastern Europe and to repatriate some of its own workforce.
Remittances from emigrants can make a significant contribution towards national income. Latvia, Croatia, Hungary and Lithuania are the most reliant on remittances in the EU, all with over 3 percent of GDP coming from abroad. For many countries, one of the most important factors to influence the impact from Brexit will be the goods and services they export to the UK. The effect on domestic economies of migration may be ambiguous.
Auto companies operate in a fully globally connected value chain. They take investment decisions for the coming decade. Anyone assuming that these companies wouldn't be very alerted by Brexit, reconsidering future investments, is in complete denial of reality.
You're talking a 400, 500, 600 million impact. Nissan will not succeed in the future, with or without Brexit, unless the government does something to help us in the supply chain.
No, I wouldn't say that.
It is disgraceful that the Commons has so far allowed the government to get away with their plan to unfairly use EU nationals as bargaining chips in upcoming Brexit negotiations. This is a vital amendment that will put pressure on MPs (members of parliament) to see sense and give reassurances to the millions of EU nationals living in the UK.
It is quite clear if we say we are doing this other European countries will welcome that ... I can't see them rejecting that at all and it starts off the negotiations in a much better frame of mind and much better tone. I'm not convinced the Commons are going to reject it ... everything is open at the moment, don't write anything off. The government could accept this.
This investment is a vote of confidence in our modern industrial strategy and our determination to cement the UK's position as a world leader in high-tech engineering. Dyson's exporting strength and commitment to creating jobs in Britain is a real success story that demonstrates the opportunity that our plan to create a truly global Britain can present. It is also good to see that the site chosen by James Dyson will bring former MoD land back into productive use.
As we prepare to go in to these negotiations we do that in a spirit of optimism that we will get the right deal that allows us to secure the environment that Nissan wants ... We are ambitious about the nature of the free trade agreement that we can agree with the European Union.
We have been pretty clear all along that what we want is to secure a deal that allows there to be an environment for Nissan and other companies in the automotive sector to flourish.
We treat Switzerland, which is not part of the EU, as part of it so why would we not treat the UK that way? I think in the end the UK will be part of the system. Essentially, telecom rules and regulations in the UK are aligned to the European ones so the same rules will probably determine the same treatment.
There are two sides to it. We've seen tremendous growth in technology over the past decade. Areas where technology hasn't impacted before from transportation to banking to healthcare. There's a lot of excitement about that.
It seems like London is going in the direction of a hard Brexit. And with the the passporting rules potentially going away, I personally think that, even if you look at last year, Germany for the first time had two of the biggest fintech fundings versus traditionally mostly happening in the U.K. I think it's going to be a little bit of a battle between Ireland and Germany over who really steps up and takes the leadership role in fintech over from the U.K. post-Brexit.
I'd say the political climate is a bit more challenged. There's a lot of questions about what these changes in the political climate mean but at the end of the day our belief is that the relentless march forward of technology and innovation won't be slowed by the geopolitical environment.
It is much, so much easier to reach agreement with a friend than with a quarrelsome neighbor. But behind the diplomatic civilities the atmosphere is already sour. A little more charm and a lot less cheap rhetoric would do much to protect the interests of the United Kingdom.
Importance could be interpreted in a positive light – that the countries selected would be those expected to grow most or fastest. On that basis, the Brexit vote and all the uncertainty surrounding the U.K.'s future relationship with the EU appear not to be deterring investors.
How can the pro-European fanatic Emmanuel Macron hope to be understood by Britain which has voted for Brexit, by Italy who has just said no to the European Union by referendum, by the Netherlands which are getting ready for a victory of the nationalists with my friend Geert Wilders.
The merger with Deutsche Borse is on a knife edge. The regulatory hurdles were always a risk and with Brexit there are additional hurdles to clear that seem close to insurmountable now.
One of the reasons [sterling is down], is the announcement that the merger between LSE and Deutsche Boerse may be off the table and I think that's flagged sentiment.
Am I surprised that things like this can happen? No. It is not only football. For me there have been a few strange decisions in 16/17: Brexit, Trump, Ranieri. Do I have to understand it all the time – no, obviously not. It happens still. I have no idea why Leicester did this.
There are market participants talking about this, I don't have any direct evidence... What I want is the same high standards everywhere.
We should simply exclude it as a possibility.
We don't want to have hard borders between Northern Ireland and the Republic. We want to have the Good Friday Agreement not to be put under risk and we want land borders be as open as possible. Because the Irish challenges in this very contexts are not only Irish challenges, they are European challenges.
This trip is crucial. We'll be actively seeking to engage with business leaders to sell the story of what Ireland has to offer and to particularly sell the message that Ireland is very much open for business despite Brexit and all of the threats that that brings around. The idea that the leader of our country would pass up on that opportunity to me is ridiculous. It's more important now than ever that we keep dialogue open.
It was a very clear signal just after the Brexit referendum that 27 countries are willing to stick together … willing to make the EU a success.
They told us that Brexit would be a catastrophe, that the stock markets would crash … The reality is that none of that happened.
Our strong franchise and material presence in Europe gives us many options, and we will adapt as the details of Brexit become clear. Given all of this, no decisions have yet been made.
Our focus is on ensuring that we can continue to service our clients whatever the Brexit outcome.
We're exposed to not having enough GBP pounds, so we are slightly worse off than we were in January, February the year before the currency changed dramatically.
It is the preservation of Europe, of the common market, of the European Union, which are in play at this moment. If we don't negotiate this 'Brexit' well, everyone will be weakened. And then, of course we will defend French interests.
Whilst the story for the economy has been so far so good, as Brexit efforts progress, we view it as unlikely that the chancellor uses this budget to mark a notable fiscal loosening.
They'll have all the rights they have now. We want to see the most civilised and the most responsible arrangement possible. We want to see Latvian citizens in the UK have all the rights they have now continue into the future. And it's not just the residence rights, that's public services, it's healthcare, it's all the normal rights that we would give to our own citizens.
The ECB will be cheered by the signs of stronger growth and further upturn in price pressures, though will no doubt remain concerned that elections and Brexit could disrupt the business environment this year.
She would understand what is the reason to have an industry like fashion in England that can grow, can exist through Brexit and after Brexit and before Brexit. It's really something that England should be proud of.
I think our prime minister (Theresa May) is someone who is ready to listen.
I'm not worried at all. I think London and British fashion is growing and I think that London is a great city for creativity and I think it'll be absolutely fine.
What we want is the very best talent to be able to stay here to build businesses.
I think ultimately Brexit is affecting everybody, in one way or another. I think it's going to pan out and we're going to see what the results are, but I think in some ways it's an unknown quantity at this point. No one seems to really know what the impact is going to actually be. The doors need to stay open and we need to continuously work with all the incredible talent that's available to us.
If you look at London Fashion Week, there are many international students that came to London, that studied here, that have built businesses, that are contributing to the economy, that are employing more young people and that's a really positive news story and that's something that certainly we don't want to go away.
I think this is a bit of a correction after what was a pretty negative week last week in terms of UK data.
The mood in Brussels ... has hardened really over the last few weeks. Tempers are now so frayed, it would require a huge volte face from Downing Street for them to be able to accept that without a massive loss of face.
Despite the hard rhetoric and threats by the British government ... the European Union remains a project of mending. If the UK was to decide to stay a member of the European Union, the Greens will fight against closing the door.
There are signs the large ag market is nearing bottom. Geopolitical risks such as Brexit and populous sentiment remain elevated, as does currency volatility.
A bleak few months are predicted for the retail sector. The combination of soaring inflation and slow wage growth is likely to see spending power quashed and high streets abandoned. Retail was the beating heart of the UK economy in 2016, so with consumer spending expected to slide in the coming months we could see the Pound push lower against both the Euro and the Dollar.
"Retail was the beating heart of the UK economy in 2016, so with consumer spending expected to slide in the coming months we could see the pound push lower against both the euro and the dollar,"
Yes, the British people voted to leave Europe and I agree the will of the people should prevail. I accept right now there is no widespread appetite to rethink. But the people voted without knowledge of the terms of Brexit. As these terms become clear, it is their right to change their mind. Our mission is to persuade them to do so.
The road we're going down is not simply Hard Brexit, it is Brexit at any cost.
The people voted without knowledge of the terms of Brexit. As the terms become clear it is their right to change their mind. Our mission is to persuade them to do so. This is a government for Brexit, of Brexit and dominated by Brexit. It is a mono-purpose political entity. Those driving this always wanted a Hard Brexit. Indeed even the term Hard Brexit requires amendment. The policy is now Brexit At Any Cost. There is in some parts of the country a genuine concern about numbers from Europe – real pressures on services and wages.
In the three months to January 2017, retail sales saw the first signs of a fall in the underlying trend since December 2013. We have seen falls in month-on-month seasonally adjusted retail sales, both in conventional stores and online, and the evidence suggests that increased prices in fuel and food are significant factors in this slowdown.
To put it brutally, we don't need the United Kingdom Government to organise our relations with the US.
I'd like to take this opportunity ... to remind the government that retaining our competitive position isn't straightforward and we hope that you'll listen and understand our concerns and our needs when we talk to you about visas, talent, tariffs, and IP (intellectual property).
So I respectfully say to Tony Blair, who urges the British people to rise up, I urge them to rise up and turn off the TV next time Blair comes on with his condescending campaign.
The road we're going down is not simply 'hard Brexit'. It is 'Brexit at any cost'. Our challenge is to expose relentlessly what this cost is ... and to build support for finding a way out from the present rush over the cliff's edge.
"I urge the British people to rise up and turn off the TV the next time Blair comes on."
Blair is yesterday's man. He seems to think we are going to change our minds. He clearly hasn't grasped that, if that referendum was held tomorrow, the margin would be at least three times bigger.
The theme for most forecasters this year is that consumer spending is going to suffer as higher prices erode real incomes. But I don't think anyone would have expected the pace of spending to have suffered so much so soon.
"In the three months to January 2017, retail sales saw the first signs of a fall in the underlying trend since December 2013,". "The evidence suggests that increased prices in fuel and food are significant factors in this slowdown.".
I do not think .. we will succeed within 24 months to clear up the arrangements for Britain's exit from the EU and to (forge) the whole relationship between Britain and the European continent. Trade deals are the remit of the EU... Britain cannot complete trade deals with half the world - although it is doing the opposite. It has been the American message for many, many years. I am very much against letting ourselves be pushed into this. I don't like our American friends narrowing down this concept of security to the military.
"Trade deals are the remit of the EU... Britain cannot complete trade deals with half the world - although it is doing the opposite,"
The political system has demonstrated unequivocally in the existing structure that (it) is unable to handle this problem.
Populism is not a structured economic philosophy such as capitalism, socialism or communism. But it's a cry of pain by the populace for some leaders to arise to take charge and lessen their pain. Entitlements are drowning out the funding of ultimately what is required to engender productivity growth, and as you know productivity growth is basic for all economic activity and especially standard of living.
I think it's definitely a challenging time, mainly because of the uncertainty more than anything else but I think those people that are doing well are the ones that are really focusing on their customer, focusing on their product and just getting on with it until we know exactly what that (Brexit) is going to mean.
I was shocked. I couldn't think anything and also I couldn't speak, so, I was watching the exchange rate on the internet, I can see the drop, the pound, this dramatic drop to the dollar and immediately I realised how tough it will be for small business.
England is an expandable market, it's forever open to the new idea, to the new brand, and I think that's what makes it, England, very compelling for us.
The vast majority of people who voted to leave the European Union did so because they believed it was best for Britain and not because they are intolerant of others. It is clear, however, that a small minority of people used the Brexit vote to legitimise inexcusable racism and prejudice. We cannot allow such intolerable acts of hate to be condoned or repeated. The triggering of Article 50 is the next major milestone and we must do all we can to discourage hate attacks and to support people who feel at risk.
While 21% of innovators say they will be opening European outposts, the majority will continue to back Britain as the home for their headquarters. Businesses are seeing more opportunity than fear, which can only be a good thing.
Based on all the polls, as well as the polarization in France, she has virtually no chance. People argue she can win because they doubt the polls after Brexit and Trump. However, in both cases the margins were much smaller than between Le Pen and Macron or Fillon.
The figures offer further evidence that Brexit has had a discernible impact on the allure of the UK as a place to live and work. Employers in sectors that employ relatively large numbers of EU nationals, which also account for a sizeable proportion of vacancies, are likely to come under further recruitment pressures if, as we expect, this trend continues.
It does seem as if Brexit is a factor in GM's thinking as its UK business relies heavily on its links throughout the EU supply chain. Without a shadow of doubt, UK car plants must be offered the same assurances as those given by the government to Nissan. But, as I stressed to the minister, we need the government to be clearly committed to securing access to the single market for the UK auto industry.
The downturn in expectations is likely to be the result of the recently published unfavorable figures for industrial production, retail sales and exports. Political uncertainty regarding Brexit, the future US economic policy as well as the considerable number of upcoming elections in Europe further depresses expectations. Nevertheless, the economic environment in Germany has not significantly worsened.
"The downturn in expectations is likely to be the result of the recently published unfavourable figures for industrial production, retail sales and exports,". "Political uncertainty regarding Brexit, the future US economic policy as well as the considerable number of upcoming elections in Europe further depresses expectations,".
The Brexit findings in our survey this year are compelling and we are pleased to bring some data to a conversation that has been largely anecdotal.
I think what the Fed says at this point is, for all practical purposes, irrelevant, because Mr. Trump is going to be able to appoint three members of the Fed. I think they're going to be business people and the days of an academic, economist Fed are going to be over. I also believe that Trump and company, as I call them, know as they put in the infrastructure or the military expansion that there's going to be a balance to the balance sheet, and … that the new people on the Fed are going to keep interest rates low.
So all this talk of a three interest rate or four interest rate hike, in my opinion, is baloney.
It is a culture where you're not allowed to raise your hand and say, You know what? There's something wrong with this picture.
With uncertainty at such high levels, it's more important than ever that we use all policy tools to support growth. We must ensure that its benefits are felt in all parts of the euro area and all segments of society. The European economy has proven resilient to the numerous shocks it has experienced over the past year. Growth is holding up and unemployment and deficits are heading lower.
"With uncertainty at such high levels, it's more important than ever that we use all policy tools to support growth,"
"The European economy has proven resilient to the numerous shocks it has experienced over the past year,". "Growth is holding up and unemployment and deficits are heading lower.".
The European economy has proven resilient to the numerous shocks it has experienced over the past year. Growth is holding up and unemployment and deficits are heading lower. After years of crisis, we are building a success story, where reforms allow for a return to growth, investment and confidence. We cannot add, just like that, a crisis to a context of recovery in Greece and global uncertainty. Let's be reasonable. We must ensure that its benefits are felt in all parts of the euro area and all segments of society.
"With uncertainty at such high levels, it's more important than ever that we use all policy tools to support growth,". "We must ensure that its benefits are felt in all parts of the euro area and all segments of society.". "The European economy has proven resilient to the numerous shocks it has experienced over the past year,". "Growth is holding up and unemployment and deficits are heading lower.".
How we invest going through the next process of Brexit is obviously very difficult to work out. I'm not completely convinced of what the right moves are just yet, the election in France is going to be fascinating and Germany, with in my opinion what looks like a slightly misplaced currency for them, is desperate to hold the European Union together. I continue to believe, and I know there's been a little bit of a resurgence in interest in Europe lately, that people should be careful about investing in Europe for the time being.
Until the terms of Brexit are known and put in motion, the jobs market will remain cautious.
Enjoying a glass of prosecco in Rome. My strategy was to work with the British and the City ... and not to pass laws against them or without them. So although we're now in a different context, a deal on Brexit is possible.
Now everyone is saying in relation to Trump and Brexit: 'Now is Europe's big chance. Now is the time to close ranks and march togethe.
"Now everyone is saying in relation to Trump and Brexit: 'Now is Europe's big chance. Now is the time to close ranks and march together,'"
The problem with an interim period is that the U.K. will have some bitter pills to swallow. If Brexit is a success there are other countries like Finland and the Netherlands that have become increasingly hostile to the EU.
Since Brexit we have seen a hell of a lot more (of these forex mis-selling cases) because when you have a major move in a currency like that, it is like the 2009 moment for interest rates.
Ultimately, the outlook for business investment, like the outlook for the economy more generally over the forecast period, depends largely on how households and businesses react to Brexit and on the process that accompanies it.
Britain's GDP is less than one-fifth of the EU Single Market's GDP, it would have less bargaining power in trade negotiations than the EU does. Under all plausible scenarios, Brexit will mean Britain is poorer outside than inside the European Union.
"Political risk remains a major concern for traders, with Donald Trump's unpredictability, the Brexit debate in parliament and the French election all creating a rather unsettling environment for traders,"
The extent to which this elevated dealing level is a short term effect or a newly sustainable level is unknown, however, elevated levels of trading continue with no sign of material reduction six months on from the Brexit vote. There's a lot of uncertainty in the world and that makes long-term investors nervous, but it makes short-term investors excited and invest in markets.'.
Political risk remains a major concern for traders, with Donald Trump's unpredictability, the Brexit debate in parliament and the French election all creating a rather unsettling environment for traders.
MPs must not be duped by the Government's attempt to quell unrest on their backbenches. The vote they're offering – which will give MPs a choice between an extreme Brexit and falling off a cliff edge into WTO trade rules – isn't a concession, it's an ultimatum. Parliament should have a real voice on the terms of Brexit – not a symbolic handout from a Government trying to railroad their extreme Brexit through the House of Commons.
From Brexit, frankly, we are effectively cautious. There are still a lot of open questions. One of them is the transition period. Certainly as an industry, and as a bank, we are in favor of a significant transition period, at least two to three years. I think that's in the interest of everybody. In the interest of the UK, in the interest of Europe, in the interest of the banking sector. So I hope that we can reach a reasonable agreement on that.
If Brexit talks go haywire and/or, the economy begins to slow significantly, a material fall in the pound could result. We are fairly bullish on sterling, based on the view that we will see some correction from its significant undervaluation, while we also expect some support from some additional clarity on Brexit.
Businesses are also ready to adapt in order to survive, and thrive, with 96 percent of business leaders feeling confident that their company can adapt to the consequences of the Brexit outcome.
Well, you know … I didn't believe in Brexit and I didn't believe in (President Donald) Trump's election so nobody can tell for sure but we are going to work a lot against it. All of us, all of the Republican party (and) the Republican voters so I think, well, (a Le Pen victory) shouldn't happen.
(Brexit) started a process of competition between all of the metropolises of continental Europe and in this competition I think Paris has got many assets. I want, of course, to take advantage of this situation, but not to punish the British people … Just because I don't think Paris should yield in front of the competition.
Our annual survey of FTSE 500 business leaders provides a unique insight into what the business world is thinking ahead of Brexit. Business in this country is already feeling the pain of the economic upheaval of leaving the EU. There is no sign that this is likely to ease this year.
Still, against the background of Brexit and Trump, today's data suggest that the German industry could shift into a higher gear in the first quarter of 2017.
Our annual survey of FTSE 500 business leaders provides a unique insight into what the business world is thinking ahead of Brexit. Unfortunately, it looks like business in this country is already feeling the pain of the economic upheaval of leaving the EU. Thirty two percent of respondents said they think their business will start to feel the positive effects of leaving the EU in five years' time. And the number of (business) captains that think it will remain a negative impact reduces to 45 percent when looking at long range forecast.
After Brexit, Marine Le Pen's followers believe more strongly than ever in the possibility of 'Frexit.' Because, they've never believed more fervently in their victory. Europe can do nothing but wait restlessly for the as-yet-uncertain outcome of this French presidential election.
My view is that Parliament must have a final say when we get to the end-game. The Prime Minister has agreed to give Parliament a say on any Brexit deal she negotiates with the EU. Mrs May has also said she would prefer 'no deal to a bad deal'. However, at present, there is no provision to give MPs a vote on this outcome.
We were told that it was absolutely impossible for Trump to win the election. He was elected. We were told the British would never leave the European Union ... but the Brexit was voted for.
The entire world – it's true for Brexit, it's true for Mr. Trump – is becoming conscious of what we've been saying for years.
Making the case for Brexit in Malta is, some ways, symbolic. It gained independence from Britain in 1964. Today, 12,000 British people live here, the country's largest foreign community. The weather is better. So is the food.
(That is) extremely important and I don't think the market is focusing enough on this issue…. The Brexit negotiations will take two years (and) we know that the new trade agreement between the U.K. and the EU will take much longer. Usually it takes seven to ten years, (look at the) Canada deal with the EU which took seven years.
The market was priced for a more hawkish Bank of England. So that was a catalyst but I do think sterling's gains had just gone too far. (When) we move into March and that's when the Brexit negotiations start, that's when the Europeans get the chance to push back, and that's when how complicated an issue it (Brexit) is becomes far more apparent.
Growth has remained resilient since the referendum... The monetary policy committee expects growth to be stronger over the forecast period than in November. The Brexit journey is really just beginning. While the direction of travel is clear, there will be twists and turns along the way. Whatever happens, monetary policy will be set to return inflation sustainably to target while supporting the necessary adjustments in the economy. There is huge operational risk involved in that, there's huge financial risk involved in that. It's not something you do overnight.
The Brexit journey is really just beginning. While the direction of travel is clear, there will be twists and turns along the way. Whatever happens, monetary policy will be set to return inflation sustainably to target while supporting the necessary adjustments in the economy.
The Brexit journey is really just beginning. While the direction of travel is clear, there will be twists and turns along the way. The thing that we missed is the strength of consumer spending and consumer confidence associated with that. In many respects, we're coming to the last seconds of central bankers' 15 minutes of fame, to use the Warhol line, which is a good thing.
Nothing is local anymore. You have a mess in Syria, and then suddenly you have a million refugees go into Germany, which totally now has overturned European politics. The nationalist movements, the populist movements, the Brexit vote [were] largely a reaction.
Brexit is a long-term structural shift which needs to be addressed now. M&A has its risks but strategically sound, well-financed and properly implemented takeovers have enormous benefits in the long run.
Of course there may be bumps in the road with Brexit but CEOs are seeing the glass half full.
Plenty of water is still likely to flow under London's bridges before we know precisely how soft or hard the Brexit will ultimately turn out to be. In such an environment, regulation will also need to find unusual answers. With improvisation, it is like with good jazz; it really only works if you can play the instrument and the notes perfectly.
The primary trading M&A partner with the U.S. is Europe. With the uncertainty surrounding Brexit and the regulatory and particularly the changes in tax, it's led to companies shying away until they have more clarity.
The level of trading after Brexit was much higher than it was before, and it has continued to be at that level. From 25 years of working in other industries, it's been the same challenge everywhere. Everyone sees this great opportunity, that China is where you should be -- but how do you do it? It's exactly the same with bullion.
(Le Pen's victory) would a be nightmare Europe game-changer scenario, much more than Brexit or Trump combined.
Euro zone manufacturing is off to a strong start to the year. Optimism about the year ahead has risen to the highest since the region's debt crisis, suggesting companies are maintaining a buoyant mood despite the heightened political uncertainty caused by Brexit and looming general elections in the Netherlands, France and Germany. Inflationary pressures are also picking up. Much of the increase in costs and prices can be linked to the weakened exchange rate and higher global commodity prices.
While you're having this noise of Trump, Brexit and political instability you have quietly a European economic recovery: the GDP numbers today were strong, inflation continues to pick up. On a valuation basis we believe that European stocks should outperform U.S. stocks.
It is still unclear which burdens will fall on the German economy from Brexit and a possible nationalist economic policy in the United States. A negative effect on the labour market linked to exports is not to be ruled out.
After Brexit last year, if enemies of Europe manage again in the Netherlands or in France to get results then we face the threat that the largest civilization project of the 20th century, namely the European Union, could fall apart.
If we're serious about opposing an extreme Brexit then we can't just wave through Article 50.
While businesses are committed to making a success of Brexit, making progress on improving the U.K.'s productivity remains the number one priority.
There's no doubt that Brexit created uncertainty for a period in our deliberations. It is unfortunate, but we've passed that challenge and I'm convinced we've no need to worry...Oxford is a worldwide powerhouse in medicine.
These results are an important reminder of the fact that it is businesses that trade, not governments. Although the likely outcome of the Brexit negotiations remains unclear, businesses still see Europe as a primary market for both selling and sourcing inputs - even after the UK leaves the EU. Looking ahead, businesses want the best possible terms of trade following the Brexit negotiations, whatever the ultimate model adopted. UK firms want tariffs, costly non-tariff barriers, and product standards to be at the top of the Government's agenda for a future EU trade deal.
Brexit is ... no reason for celebration. But we have to be pragmatic.
I think when [Brexit] irons out, you're going to have your own identity, and you are going to have the people that you want in your country. You're going to be able to make free trade deals without having somebody watching you and what you are doing. It was a very, very friendly call. We are going to be working on a fair relationship and a new relationship. But the United States cannot continue to lose vast amounts of business, vast amounts of companies and millions and millions of people losing their jobs.'.
When Brexit happened we were fully hedged for the first quarter with the stronger pre-Brexit exchange rate. As we enter the rest of the year, especially the second half, we now face the full effects of the weaker sterling. We've all built our businesses on an integrated model between the UK and the EU. We would expect both entities to work for a free-trade arrangement like (the one) we have today.
He will override. I'm giving him that power. It's very early to be talking about that. If we can have a great relationship with Russia and with China and with all countries, I'm all for that. That would be a tremendous asset. I don't say good, bad or indifferent. I don't know the gentleman. I hope we have a fantastic relationship. That's possible and it's also possible that we won't. We will see what happens. I think Brexit's going to be a wonderful thing for your country. Brexit was an example of what was to come.
Brexit was an example of what was to come. And I happened to be in Scotland at Turnberry cutting a ribbon when Brexit happened and we had a vast amount of press there. And I said Brexit – this was the day before, you probably remember, I said Brexit is going to happen and I was scorned in the press for making that prediction. I was scorned.
I happened to be in Scotland… cutting a ribbon, when Brexit happened. I said- this was the day before, you probably remember- 'Brexit is going to happen' and I was scorned in the press for making that prediction.
To the extent that reserves serve as backstops against currency stress, rather than as sovereign wealth, the pound's diminishing role in international capital flows post-Brexit should permanently reduce its reserve status. The pound may offer value, but is increasingly irrelevant.
When Brexit happened we were fully hedged for the first quarter with the stronger pre-Brexit exchange rate. As we enter the rest of the year, especially the second half, we now face the full effects of the weaker sterling. We think it could be upwards of US$600 million this year.
[Mattis] has stated publicly that he does not necessarily believe in torture. I don't necessarily agree, but I would tell you that he would override because I'm giving him that power. He's an expert. I've had many times when I thought I would get along with people, and I don't like them at all. And I've had some where I didn't think we'd have much of a relationship and it turned out to be a great relationship. We had a very good call. I have been very strong on Mexico. I'm not as brash as you might think. Brexit was an example of what was to come.
It will take detailed work, but we welcome your openness to these discussions and hope we can make progress so that the new global Britain that emerges after Brexit is even better equipped to take its place confidently in the world. America's leadership role in NATO -- supported by Britain -- must be the central element around which the Alliance is built. Brexit must mean control of the number of people who come to Britain from Europe. And that is what we will deliver.
Can the political risks for a joint venture with Tata after Brexit be controlled? Thyssenkrupp urgently needs a plan B or C in order not to be left standing alone at the end.
We are competing on a global basis. If we don't act, financial hubs in the European Union will not benefit from the chances that Brexit offers. The answer to this global competition has to be a more integrated capital market in the EU, and as quickly as possible.
The tremendous growth in UK production is testament to the global competitiveness of the UK automotive sector. High class engineering, advanced technology and a workforce committed to quality have helped turn around the industry, making the UK among the most productive places in Europe to make cars. . Significant investment in new plants and products over the past few years has driven this growth, not a post-Brexit bounce. We want trade deals but they must be the right deals, not rushed deals. Failure to do so could damage UK automotive manufacturing beyond repair.
We can help them by offering them cheap feed, low-cost feed into their hubs ... but that means taking out aircraft, people, and that's very difficult politically in Italy. We are still talking to them. It is nothing other than a takeover. They have been very receptive. The outcome for fares depends on what happens on Brexit and economic confidence in UK and Europe, what happens to oil, and unforeseen security events.