23 January 2019 | UK NEWS
Theresa May has rallied against the suggestion of delaying Brexit. Shadow Chancellor John McDonnell hinted Labour will support a cross-party bid to extend Article 50, therefore delaying Brexit to avoid no-deal. No.10 will tell Tory MPs to vote against the cross-party bid. EU Commission Chief Spokesperson Margaritis Schinas has confirmed no-deal Brexit would result in a hard border in Northern Ireland.
Speculation continues to mount that May might call a General Election to break the Brexit impasse, although internal party polling has found the Conservatives would lose to Corbyn’s Labour.
In economic news, Sony announced it will move its HQ from London to Amsterdam whilst Dyson announced its HQ will move from England to Singapore, although Dyson has confirmed no UK jobs will be lost.
Figures from the ONS have found UK employment is now at an all-time high whilst Sterling rises above $1.30 after Labour suggested they will block a no-deal Brexit.
What’s going on in Westminster?
– May addressed MPs at PMQs this afternoon.
– May to meet with First Ministers of Scotland and Wales.
– Jacob Rees-Mogg to speak at an event promoting world trade post-Brexit, hosted by the Bruges Group.
What we’re reading on the internet:
Should we welcome proposals for the Tulip Tower? – City AM
A truckers guide to post-Brexit disruption – FT
The EU is determined to punish us – Conservative Home
