Brexit News: David Davis ‘leads Cabinet revolt over May’s customs union plan’ | Politics | News

Mr Davis is said to be fuming at the proposals, which would enable Britain to agree deals with countries around the world – but also collect import tariffs on behalf of the bloc. Dr Davis is believed to have told number the idea has no chance of working and would incur the wrath of Tory MPs keen for a clean break with the EU. He has the support of other cabinet colleagues, including Foreign Secretary Boris Johnson and Environment Minister Michael Gove.  The partnership idea is being pushed by Oliver…

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Ripple price set to skyrocket? Cryptocurrency market analyst predicts soaring values | City & Business | Finance

Naeem Aslam, a chief market analyst at ThinkMarkets in the UK, an online broker, declared that Ripple values will climb “as the larger crypto market gains more confidence and positivity”. He declared: “As the larger crypto-market gains more confidence and positivity, Ripple’s valuation should grow in tandem with the overall value of the cryptocurrency market. “Ripple to date is trading around $0.70, whilst its all-time highs were closer to $3.30, marking a potential 5.44 times growth. “Bitcoin, on the other hand, only has around 1 to 1.5 times, comparing its…

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Brexit news: ‘Call EU’s bluff’ over Ireland border says Jacob Rees-Mogg | Politics | News

The chairman of the influential European Research Group of Eurosceptic Tory MPs said the EU’s refusal to accept either of Britain’s proposed new customs arrangements should only serve to strengthen preparations for a no deal. On Friday, it was reported that the EU’s chef negotiator Michel Barnier was not willing to consider the UK either accepting tariffs on the EU’s behalf at the border or operating a technology-based “trusted trader” scheme to solve the ongoing issue. Jacob Rees-Mogg said: “Ireland has said it doesn’t want a hard border, the UK…

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Carwyn Jones QUITS: First Minister of Wales to step down in autumn | Politics | News

At the Welsh Labour party conference in Llandundno he made the announcement that it would be his last conference as leader. The AM for Bridgend said his exit would give his family, his party and the country a “fresh start”. Mr Jones said he had been through the “darkest of times” in refernce to the months following the death of Carl Sargeant. Mr Sargeant was sacked by Mr Jones from his cabinet job and was found dead just days later in November. Four months ago the First Minister was slammed…

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Brexit news: Australia urges UK to leave EU customs union or risk losing out on trade deal | Politics | News

The country’s foreign minister Julie Bishop hit out at Remainer politicians for their plot to keep Britain shackled to the bloc after Brexit, thus thwarting her vision for “enormous opportunities for more trade and investment” with Australia. She warned: “The opportunity for us to enter a free trade agreement with the UK standing alone would not be achievable”, referencing rebel MPs’ plot to keep Britain chained to EU tariffs after Brexit in next week’s crucial vote. It comes after Singapore offered a rapid agreement Britain in an attempt to prevent…

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Brexit news: Theresa May ‘could face leadership challenge’ if UK stays in customs union | Politics | News

The PM has been warned that a concession to keep Britain in the 28-member customs union will prompt a flood of no-confidence letters from Brexitbacking MPs, which would likely trigger a leadership challenge, The Times reported. One Conservative backbencher said: “If there’s a cave-in on the customs union, I think there will be a leadership challenge.” Up to 48 letters are required for a leadership battle, according to Conservative Party rules. According to the latest odds, backbencher Jacob Rees-Mogg is the favourite to become the next Conservative leader with Boris…

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Syria news: UK troops MUST be deployed to end Assad’s massacre, ex-defence chief tells May | Politics | News

Lord Richards said hundreds of thousands of people are trapped and could be slaughtered in the next few weeks. He has also accused Mrs May of a “lost opportunity to change the course of the war” for only using 105 missile strikes with the US and France on Assad last week in response for the chemical attack in Douma. This stark warning comes as the Syrian regime is planning another assault on the last rebel-held sanctuary in Idlib where an estimated 2.5million fighters and civilians are cornered. The former Chief…

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Barclays chief faces penalty for trying to identify a whistleblower | City & Business | Finance

The lender detailed draft warning notices issued by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), which both allege that Mr Staley’s action’s violated rules that require an individual “to act with due skill, care and diligence”. However, the bank stressed that regulators are not alleging that the Barclays chief executive acted with a lack of integrity or that he was not fit to continue in his role. The size of the proposed penalty has not been disclosed. FINE: Jes Mr Staley, 61, now has 28 days to…

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Brexit news: What MEPs think of EU split and how to influence the UK deal | Politics | News

GETTY MEPs from across the political spectrum are divided over Brexit However, MEPs from across the political spectrum with eurosceptic and pro-European politicians have joined up to build a consensus that will ultimately protect the European Union as well as their own agendas. Nigel Farage’s EFDD group houses 45 MEPs who are critical of the EU in their own different ways, while Parliament’s largest group the EPP has 219 representatives wholeheartedly behind the Brussels project – including two British Remainers who left their fellow Conservatives to rejoin the EPP in…

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Brexit talks halted as EU digs in over Irish border | Politics | News

The border issue has been a key sticking point in the Brexit talks. There are fears that if Brussels refuses to budge the UK could be forced to choose between accepting the reinstatement of a “hard border” between Northern Ireland and Ireland, which it has insisted will not happen, or to stay in the EU customs union. Customs union membership would stop Britain making free trade deals with other countries around the world. Tory MP Andrea Jenkyns, of the pro-Brexit group Change Britain, said: “The EU’s point blank refusal to…

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