Tuesday, 16 July 2019

Tag Archives: European Union

Brexit will send UK down global economic ranking: Study

LONDON: Britain’s exit from the European Union will send the country from fifth place to eighth in the global economic ranking in the next 15 years, a new economic analysis has found. The country’s economic prospects will be damaged by Brexit’s negative impact on the value of the pound, analysts at ...

Read More »

Theresa May urges Britons to unite in first Christmas message

LONDON: Theresa May has used her first Christmas message as Prime Minister to call on British people to “come together” after a year of divisions over the Brexit referendum. Mrs May said it is important to “unite our country” as Britain seeks a “bold” new role on the world stage outside ...

Read More »

McDonald’s moves non-US tax HQ to Britain from Luxembourg

NEW YORK: McDonald’s will move fiscal headquarters for the majority of its non-US operations to Britain, it said Thursday, following an EU crackdown on tax deals struck by multinationals including the fast-food giant. McDonald’s is establishing a new Britain-based holding company to cover royalties from most licensing agreements outside the ...

Read More »

Britain facing unprecedented terror threat: Spy chief

LONDON: Britain faces an “unprecedented” terror threat that will not subside until the Syrian civil war ends, the head of foreign intelligence service MI6 said. In a rare speech for an intelligence chief, Alex Younger said British authorities had foiled 12 terrorist plots since June 2013 and warned that the ...

Read More »

Zac Goldsmith beaten by Lib Dem in Richmond Park by-election shock

Zac Goldsmith has been unseated in a “shockwave” by-election upset by the Liberal Democrats. Lib Dem challenger Sarah Olney bulldozed Mr Goldsmith out of the Commons, sweeping away his 23,015 majority to finish 1,872 votes ahead of him. The Lib Dems poured resources into the contest as they successfully switched ...

Read More »

Erdogan eyes Shanghai bloc after EU spat

ISTANBUL: President Tayyip Erdogan was quoted on Sunday as saying that Turkey did not need to join the European Union “at all costs” and could instead become part of a security bloc dominated by China, Russia and Central Asian nations. Nato member Turkey’s prospects of joining the EU look more ...

Read More »