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Brexit: EU ‘removes transition punishment clause’

EU diplomats have removed a so-called "punishment clause" from a draft text of the arrangement for the Brexit transition period, the BBC understands. A footnote published by the European Commission last week suggested that the UK would lose access to elements of the European single market if it broke EU rules during the transition period. [...]

By | February 15th, 2018|UK Affairs|0 Comments

UK inflation still at 3% despite fall in food prices

UK consumer price inflation remained at 3% in January, the same level as in December. The rate, as reported by the Office for National Statistics (ONS), is close to November's six-year high of 3.1%. Most economists were expecting a small fall in the CPI to 2.9%. Last week, the Bank of England indicated interest rates [...]

By | February 13th, 2018|Business, UK Affairs|0 Comments

Brexit: Ministers to unveil what EU relationship they want for UK

Theresa May will deliver a major speech within the next three weeks outlining the future relationship Britain wants to have with the EU. Before that, senior ministers are also due to give speeches in a campaign dubbed "the road to Brexit" by No 10. Security, the devolution of powers, workers' rights and trade are to [...]

By | February 11th, 2018|UK Affairs|0 Comments

UK trade deficit widens in December

A rise in oil prices and higher imports contributed to a widening of the UK's goods trade deficit in December. The gap between exports and imports rose to £13.6bn, the Office for National Statistics (ONS) said, which was higher than analysts' forecasts. Separate ONS data showed industrial output experienced its biggest fall since 2012, largely [...]

By | February 9th, 2018|Business, UK Affairs|0 Comments

Bank of England hints at earlier and larger rate rises

The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep interest rates on hold at 0.5% at their latest meeting. However, they said rates would need to rise "earlier" and by a "somewhat greater extent" than [...]

By | February 8th, 2018|Business, UK Affairs|0 Comments

NHS ‘should be funded by new tax’

A new ring-fenced tax to fund the NHS and social care has been proposed by a panel of health experts. The panel, set up by the Liberal Democrats, says the NHS in England should be given an extra £4bn on top of inflation in the next financial year. It has suggested replacing National Insurance with [...]

By | February 5th, 2018|Health, UK Affairs|0 Comments

‘Undervalued’ GPs fuelling a ‘crisis’

GPs are leaving the profession at an increasing rate because they feel "undervalued", fuelling what the British Medical Association (BMA) has described as a "crisis". Research by the University of Exeter Medical School has found GPs are "fed up" with "unlimited demands" on them. Doctors spoke of concerns about the risk of litigation and problems [...]

By | February 4th, 2018|Health, UK Affairs|0 Comments

Theresa May under pressure over Brexit position

Theresa May is coming under increasing pressure to set out where she stands on Britain's future trade agreements. Speaking at the end of a trade visit to China, the PM said Britain would not face a choice between a free trade deal with the EU after Brexit and striking deals with the rest of the [...]

By | February 2nd, 2018|UK Affairs|0 Comments

Brexit: Theresa May to fight EU transition residency plan

Theresa May has indicated she will fight a proposal to give residency rights to EU citizens during the transition period after Brexit. She said there had to be a difference between those arriving after the UK leaves and those who came before. She also sought to reassure Tory MPs worried about the length of transition. [...]

By | February 1st, 2018|UK Affairs|0 Comments

Europol head fears loss of UK influence after Brexit

Britain will lose influence on cross-border policing and security after Brexit, the outgoing head of Europol has told the BBC. Rob Wainwright steps down in April, after nine years, as talks begin on what happens once the British flag leaves the Europol boardroom table. "There will be a loss of influence, there's no doubt about [...]

By | January 31st, 2018|UK Affairs|0 Comments