Theresa May told to keep Britain in the customs union indefinitely after Brexit

Theresa May told to keep Britain in the customs union indefinitely after Brexit

Brexit committee chair, Hilary Benn MP. REUTERS/Neil Hall LONDON — Theresa May should keep Britain in the customs union for as long as it takes to implement an alternative customs arrangement, a cross-party committee of MPs has urged. The Brexit select committee — chaired by Labour’s Hilary Benn — has published a report in which…

The man who guided Britain through the 2008 financial crisis worries cyber attacks could trigger the next crash

The man who guided Britain through the 2008 financial crisis worries cyber attacks could trigger the next crash

Alistair Darling. Reuters/Dylan Martinez Ignoring the possibility of another looming financial crisis would be a „profound mistake” for governments and institutions, according to Lord Alistair Darling. Darling, who was the UK’s Chancellor of the Exchequer during the 2008 financial crisis, told Business Insider in an interview: „If you look at the causes of the last…

Britain left behind as Australia and New Zealand start trade talks with EU instead

Britain left behind as Australia and New Zealand start trade talks with EU instead

The European Union has beaten Britain to the punch in opening trade talks with Australia and New Zealand, after the European Council gave the green light to full negotiations between the partners on Tuesday. Brexiteers had previously trumpeted a possible trade deal with the two anglosphere Commonwealth countries as a potential benefit of Brexit, but…

Britain has ordered Cambridge Analytica to hand over the personal data of an American professor — which could set a precedent for millions of other US voters

Britain has ordered Cambridge Analytica to hand over the personal data of an American professor — which could set a precedent for millions of other US voters

Mark Turnbull, Managing Director of SCL Elections/Cambridge Analytica arrives at the offices of Cambridge Analytica in central London. REUTERS/Henry Nicholls (Reuters) – Britain’s data privacy watchdog is backing an American professor’s effort to obtain his personal information from SCL Elections, Cambridge Analytica’s parent. The Information Commissioner’s Office, or ICO, issued an order on Friday that…

The closer Britain gets to Brexit, the closer it gets to recession

The closer Britain gets to Brexit, the closer it gets to recession

Homeless and unemployed people shelter from the cold in a doorway in Hull, November 3, 2017. REUTERS/Russell Boyce LONDON — The closer Britain gets to Brexit, the closer the country gets to a recession. UK GDP growth was just 0.1% quarter-on-quarter in Q1, the government reported on Friday. With the March 2019 Brexit deadline now…

Britain First’s website now links to the pro-diversity ‚Goodbye Britain First’ after someone took the username of its official Facebook page

Britain First’s website now links to the pro-diversity ‚Goodbye Britain First’ after someone took the username of its official Facebook page

Paul Golding, leader of Britain First and currently in jail. Reuters/Peter Nicholls Far-right group Britain First was kicked off Facebook last week. It forgot to update its website accordingly. Now Britain First links to a pro-diversity page. Facebook kicked far-right political group Britain First off its platform last week, meaning the group’s official pages were…

Britain could ditch 1p and 2p coins — here’s why that’s a fantastic idea

Britain could ditch 1p and 2p coins — here’s why that’s a fantastic idea

Reuters/Christian Charisius The government is consulting on scrapping the use of 1p and 2p coins. This has caused outrage among some of the population, but it makes perfect sense. Copper coins are rarely used in transactions, are expensive to manufacture, and have little role in an increasingly cashless society. LONDON — Philip Hammond’s Spring Statement…

Britain will be paying the EU until 2064

Britain will be paying the EU until 2064

Prime Minister Theresa May. Photo by Leon Neal/Getty Images LONDON — Britain will not pay off its Brexit divorce settlement until the year 2064 — 46 years from now — according to the latest economic forecasts from the Office for Budget Responsibility. The UK government has agreed to pay £37.1 billion to the European Union…