EU citizens may be allowed to come to the UK after Brexit if they have a job, a Cabinet minister suggested today. International Trade Secretary Liam Fox said freedom of movement would end when the UK quits the European Union next March. However, he told LBC radio: “I think the public would differentiate between people who come to the UK with a job, who will be contributing to the economy, and those, who under free movement, were able to come to the UK and use our public services without ever having contributed to them.” Asked by presenter Nick Ferrari if he thought Theresa May’s net immigration target of 100,000 a year was “right”, Mr Fox responded: “That’s the government’s target ... we will be reviewing what we do post-Brexit. Pressed on the target, he added: “Naturally, as a member of the Cabinet I support the Government’s policy, but we do need to look in the future at how we match our employment opportunities … [Read more...] about EU citizens ‘could come to UK after Brexit if they have a job’
Uk economy brexit
News / UK and world by Press Association August 1, 2018, 7:13 am FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter A “no deal” Brexit scenario would cost the UK economy at least around £800 per person in lost output each year, a think-tank has warned. The National Institute of Economic and Social Research (Niesr) also estimates the cost to the economy of the UK crashing out of the EU could double the lost output if the impact on productivity is also taken into account. It said the Bank of England will likely “weigh the consequences of ‘getting it wrong’” ahead of Thursday’s vote on whether to raise interest rates to the highest level for more than nine years amid uncertainty over a Brexit deal. Niesr predicts a hefty blow to the economy if the Government’s “more restrictive” White Paper proposals on Brexit are achieved – amounting to £500 per person in lost … [Read more...] about A ‘no deal’ Brexit would cost UK economy dear, warns think tank
Robert Stevens, Associated Press Updated 1:22 am, Saturday, June 23, 2018 Photo: Matt Dunham, AP Image 1of/1 CaptionClose Image 1 of 1 In this photo taken Wednesday, June 20, 2018, anti-Brexit, pro-EU supporters hold placards during a protest near the Houses of Parliament in London. The divisions opened up by the 2016 referendum have not healed, but hardened, splitting Britain into two camps: leavers and remainers. Almost the only thing the two groups share is pessimism about the way Brexit is going. less In this photo taken Wednesday, June 20, 2018, anti-Brexit, pro-EU supporters hold placards during a protest near the Houses of Parliament in London. The divisions opened up by the 2016 referendum have not ... more Photo: Matt Dunham, AP 2 years on, Brexit vote has taken a toll on UK economy 1 / 1 Back to Gallery … [Read more...] about 2 years on, Brexit vote has taken a toll on UK economy
THE countdown to the UK’s historic EU breakaway has begun with negotiations well under way. But what will Brexit mean for the millions of EU citizens who currently live in the UK - and the Brits living in Europe. Here's what we know. Prime Minister Theresa May wrote to Donald Tusk triggering Article 50 on March 29 2017 How many EU citizens are there in the UK? Around 3.6million EU nationals currently live in the UK, including nearly 600,000 children. Theresa May confirmed all EU nationals living in the UK will now be able to gain “settled status” and stay here indefinitely. The PM vowed in June last year that “no family will be split up” as she outlined a 15-page document detailing the Government’s offer on citizen rights. After an initial agreement on "divorce issues" with the EU was reached on December 8, Mrs May pledged that EU citizens' rights would be written into UK law. She then wrote an open letter saying: “I greatly value the … [Read more...] about What will happen to EU citizens in the UK after Brexit, will they need visas and how many are in Britain now?
0 Have your say The UK economy is set for its weakest year of growth in almost a decade as wage growth fails to translate into increased consumer spending, a top business body warned today. The British Chambers of Commerce (BCC) has trimmed its growth expectations for the economy, forecasting GDP expansion for 2018 of just 1.3 per cent, down from a previous forecast of 1.4 per cent.If realised, it would mark the weakest annual growth since 2009, when the economy was in the throes of the global financial crisis.Other current estimates for UK GDP have the economy growing at a slightly higher rate of about 1.5 per cent to 1.6 per cent this year.Meanwhile, the EY Scottish Item Club’s 2018 summer update – published last week – predicted that Scotland’s non-oil GDP would grow by 1.3 per cent in 2018, a figure downgraded from the 1.4 per cent predicted in December last year.The BCC has also today downgraded its UK GDP growth forecast for 2019 from 1.5 per … [Read more...] about UK economy set for weakest year of growth since 2009