Tuesday, 25 July, 2017

Philip Hammond: 'Bad deal could suck lifeblood out of UK'

UK britain police officers GETTY- STOCK IMAGEAs police numbers have fallen arrests are down by 600,000 in less than a decade
Jeannie Matthews | 23 June, 2017, 04:53

The two sides agreed to hold four further monthly rounds of talks, with the next on July 17, on the key issues of Britain's divorce from the bloc.

Solving the vexed question of keeping the peace and an open border between the British province of Northern Ireland and the Irish Republic - an European Union member - will be an urgent priority in the talks, Mr Barnier and Mr Davis agreed.

"Tory David Davis has crumbled on the very first day of Brexit negotiations, as he was forced to agree to the EU's timetable", wrote the Daily Mirror, a left-leaning tabloid.

The request comes after word arose last weekend that the UK Chancellor of the Exchequer, Philip Hammond, had dismissed speculation the UK could pursue a "soft Brexit" and remain part of the EU's customs union and the single market, BIFA Director General Robert Keen said Monday.

Economic reality is catching up with the United Kingdom, where it is becoming clear that leaving the European Union will lead to lower living standards, billionaire investor George Soros said. Amid reports that May is set to make a "generous offer" on the rights of European Union citizens remaining in Britain, the source said London had been warned against doing so this week, on the grounds that it could drag up the thorny issue before talks had really got going.

"There may well be the need for certain transitional periods, some of them which will involve phasing out, others potentially phasing in", Barnier told reporters in Luxembourg after a meeting of European Union affairs ministers.

Yet that claim quickly crumbled as soon as talks began between the Tory administration and Michel Barnier of the European Commission in Brussels.

Trump tells senators House health bill 'mean'
Lisa Murkowski, R-Alaska, and Susan Collins , R-Maine, to a measure that blocks funding to Planned Parenthood is among them. Last month , Lee said the House bill contains numerous fatal procedural flaws and would have to be rewritten.

Mr Davis said Britain's negotiating position had not changed as a result of his Conservative Party's poor showing in recent elections.

Business Insider reported that two different sources had said that the EIF had ceased sending funds to any firm who applied, or was in the process of submitting and application, after the UK's Brexit referendum previous year.

Adding to the complexity is Britain's current political situation, as May lost her Conservative majority in parliament after a snap election, sparking wide criticism of her leadership and worries about how long May and her cabinet would stay in power.

Meanwhile, German Chancellor Angela Merkel yesterday urged the EU's remaining 27 members to stick together during the Brexit talks. Austrian Foreign Minister Sebastian Kurz said: "If we don't succeed, both sides will lose".

"I would like us to get a good agreement that is in both sides' interests".

Indices wise, both the FTSE 100 and the DAX 30 paid little attention to the talks and maintained their bullish trend.

The two men will meet for a week every month to negotiate, and use the time in between to "work on proposals".

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