Since before the EU referendum result was known at the end of June 2016, the ‘divorce bill’ – the money the UK will need to pay to the EU as a result of Brexit to cover its financial liabilities – has been a hot topic of debate. It continues to be so, with the latest reports of a figure somewhere around €55 billion having been agreed by the government emerging at the end of November. Downing Street have dismissed this figure, but even if we don’t know the exact amount, it seems likely that an agreement on the way the divorce bill will be calculated has been reached, in order to allow other points of negotiation to progress. Continue reading →
Following the final Spring Budget delivered in March this year, the Chancellor Philip Hammond is set to deliver his second budget of the year – and the first to be delivered in the new Autumn slot – on 22nd November. Mr. Hammond’s speech will follow his underwhelming performance at the Conservative Party Conference at the beginning of October, as well as delivering the first major set of financial plans from Theresa May’s government, following her less-than-successful gamble to call a snap election in June this year. Continue reading →
On March 29th, Theresa May – having long repeated the mantra that ‘Brexit means Brexit’ – triggered Article 50 of the Lisbon Treaty and gave two years’ notice of Britain’s intention to leave the EU. At the time, her approval ratings could not have been higher and the temptation to call a General Election – and to have her own mandate – eventually proved too much. The contrast between May and Labour leader Jeremy Corbyn could not have been greater and Conservative strategists framed the election as a personality contest: Theresa May’s cabinet and Theresa May’s local candidates against Corbyn and his hopelessly outdated plans to tour the country speaking to people. Continue reading →
During the Election campaign, Jeremy Corbyn famously promised to abolish student loans. Was it costed? Was it affordable? It didn’t matter, as many seats with a large proportion of students voted Labour and cut sharply into Theresa May’s majority. Continue reading →
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