19 December 2018 | UK NEWS
Leading the agenda:
– Jeremy Corbyn is under pressure after appearing to refer to Theresa May as a ‘stupid woman’ at PMQS. He denies the accusation and claims he said ‘stupid people’ instead.
– Immigration white paper on post-Brexit policy details how tens of thousands of low-skilled migrants could come to the UK and stay for up to a year. The motivation is to protect parts of the UK economy reliant on low-skilled migrant labour whilst reducing immigration to more ‘sustainable levels’.
– The European Commission has started to implement their preperation plans for a no-deal Brexit.
General:
– Business lobby groups the CBI and the Federation of Small Businesses have issued a joint statement highlighting the dangers a no-deal Brexit poses to business.
– UK inflation falls slightly as petrol prices drop.
– India is set to overtake the UK in the 2019 global economic rankings, with the UK dropping to seventh.
– Financial lobby group UK Finance are demanding lower taxes for financial services, citing risks to their industry from Brexit and a potential Corbyn Government as motivation for the initiative.