Brexit britain

Philip Hammond today blamed Britain’s stalling economy on Brexit. The Tory Chancellor warned the UK economy was being “overshadowed” by Brexit uncertainty. It comes after official figures revealed slower than expected growth of 0.2% in the last quarter of 2018. It’s down from 0.6% in the previous quarter. Britain’s services sector shrank by 0.2% in December, manufacturing shrank by 0.7% and construction by 0.3%. Hammond said the economy is being "overshadowed" ( Image: Getty Images) Mr Hammond told Sky News: “It’s a solid performance from the economy when you took at what’s happening globally and in other competitor countries. “But of course there is no doubt that our economy is being overshadowed by the uncertainty created by the Brexit process. “The soon we can resolve that the better, and the quicker we can get back to more robust growth in the future.” But Eurosceptic International Trade Secretary Liam Fox said blaming Brexit was “missing the point.” … [Read more...] about Philip Hammond blames Brexit for Britain’s stalling economy

The left-wing leader of a rail union in Britain has cited EU influence in Ukraine, as well as the country’s alleged use of “Nazi imagery”, as leading to Russia’s invasion. Mick Lynch, the head of Britain’s leftist RMT rail union, has cited the increasing influence of the European Union in Ukraine, as well as the prevalence of what he called “Nazi imagery”, as causes for Russia’s invasion of the country. Lynch has since been accused of peddling “Kremlin propaganda” by Britain’s Secretary of State for Transport, who is currently trying to impose restrictions on the ability of the trade-union leader’s organisation to strike. In an interview with the New Statesman , Lynch — whose trade union supported Britain leaving the European Union — rejected claims that Brexit negatively affected the EU’s ability to resist the likes of Russia and China. “The EU also provoked a lot of the trouble in Ukraine,” Lynch reportedly responded, claiming that the country’s Maidan revolt in 2014, … [Read more...] about Union Leader Says Ukraine’s Use of ‘Nazi Imagery’ led to Russian Invasion

Tory Chancellor Philip Hammond today revealed the financial health of the nation in the 2018 Spring Statement. In the first speech of its kind, the Cabinet minister addressed the House of Commons to reveal there was "light at the end of the tunnel" on austerity. But he was accused of "complacency" as his slimmed down mini-Budget gave no new cash for anything and showed GDP will actually be lower than expected in 2022. Meanwhile experts revealed we'll still be paying for Brexit in 2064 and the Treasury paved the way for scrapping 1p and 2p coins. Read our handy round-up here or a verdict by our pundit Jason Beattie. Follow blow-by-blow text updates and analysis as it all happened below. Read more Spring Statement 2018 All the key points at a glance Chancellor accused of complacency 5 surprises hidden in the small print We'll still be paying for Brexit in 2064 15:08 KEY EVENT 1p and … [Read more...] about Spring Statement 2018 recap: Updates as Chancellor Philip Hammond reveals the financial state of the nation