11 February 2019 | UK NEWS

May sent a letter to Corbyn over the weekend outlining proposed legal commitments to workers’ rights and environmental standards in a bid to win his support for her Brexit deal. It’s looking increasingly likely May will soften her stance on Brexit by accepting Labour’s demands of customs union membership, in a bid to get her deal through Parliament. She will update MPs tomorrow about progress on Brexit talks.

In economic news, the UK economy contracted by 0.4% in December. This poor end of year performance means 2018 was the slowest year for British growth since 2012. Hammond responded by claiming the UK economy is fundamentally strong, and he does not foresee a recession. 

What’s going on in and around Westminster:

– Brexit Secretary Stephan Barclay travels to Brussels for a meeting with Michel Barnier today, alternatives to the Irish backstop will be a priority talking point. 

What we’re reading on the internet:

– The battle over Britain’s newest student movement – BBC

– If Britain wants Europe to listen, it must learn to speak European – The Guardian  

– Opportunities for global Britain lie in the stars – City AM

James is the Founder and now Non-Executive Director of Wolves. His work involves managing medium-sized business portfolios.

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