Saturday, 29 April 2017

Tag Archives: Brexit

Infrastructure key to UK’s first post-Brexit budget

LONDON: Britain’s first post-Brexit budget will focus on infrastructure and could spell an end to the previous government’s rigid fiscal targets, according to a treasury statement released Sunday. The budget will be new finance minister Philip Hammond’s first set-piece since replacing George Osborne who resigned following the June vote. Under ...

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Queen to invite Trump to Britain for state visit

LONDON : Queen Elizabeth will invite U.S. President-elect Donald Trump for a state visit to Britain next year to try to cement close ties between the two countries, The Sunday Times newspaper said. Citing two ministers and a senior official close to Downing Street, the Sunday Times reported that discussions ...

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Theresa arrives for talks with Obama and EU leaders

BERLIN: Theresa May has arrived for talks with European leaders and outgoing US president Barack Obama in Berlin. The prime minister was greeted by Angela Merkel, the German chancellor, who is hosting the talks. European leaders are meeting to discuss a range of global issues, in particular the threat posed ...

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UK govt drops plans to curb power of Lords

LONDON: The British government said it has dropped plans to curb the power of the unelected House of Lords, which it had been considering following an embarrassing policy defeat. In October last year, the upper chamber of parliament defeated the government’s plans to cut welfare benefits, a crucial part of ...

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Trump vows to deport 3 million immigrants ‘immediately’

NEW YORK: US President-elect Donald Trump has said that he will deport two to three million undocumented immigrants “immediately” upon taking office. He also insisted that a wall will be built between the United States and Mexico. In his first television interview since winning the presidential election on Tuesday, Donald ...

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RBS chairman calls for transitional Brexit deal for banks

LONDON: The chairman of RBS, Sir Howard Davies, has backed calls for a transitional deal with Europe when Britain leaves the union, warning of the risk to banks if they swiftly lost access to the single market and passporting rights. “I think it is damaging if we don’t get a ...

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