17 December 2018|UK NEWS
Leading:
– Momentum for a second referendum is building after May failed to secure further concessions from the EU last week. William Hill are the first betting company to have a second referendum as the most likely outcome, with other betting companies expected to follow.
– May still opposes a second vote, claiming it would “break faith” with the electorate. David Cameron is currently advising her on her options if the deal fails to pass Parliament.
– Pressure is building on Jeremy Corbyn to call a vote of no confidence in May’s Government with Nicola Sturgeon and the SNP leading the charge.
– Workers on zero hour contracts will soon be better protected by a package of government legislation. Pundits see this initiative as May trying to solidify a personal legacy beyond Brexit. Labour claim the reforms do not go far enough
Movements:
– Labour Party to hold its weekly meeting at 6pm this evening.
General:
– The ONS have claimed a change in student loans will add £12bn to the UK national deficit.
– Foreign property landlords are withdrawing from the UK after lower house price growth, more stringent tax enforcement and the fall in the value of sterling.
– Jaguar Land Rover to cut thousands of jobs in 2019.
– Justice Secretary David Gauke has claimed he would quit over a no deal Brexit.
