Stiffing the EU over Brexit may not land Britain in default

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  • June 12, 2019
  • 2 min read

Three credit ratings agencies have said that if the United Kingdom withholds the 39 billion pounds ($50bn) it promised the European Union as part of its original Brexit plan, the country would not technically be in default. Fitch, Moody’s and Standard & Poor’s all say that non-payment would merely result in downgrades, though lawyers argue […]

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Brexit: UK economy hit by 'dramatic' fall in car output

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  • June 10, 2019
  • 3 min read

A “dramatic” fall in car production and an easing of stockpiling by manufacturers meant the economy shrank in April, official figures show. The economy contracted 0.4% from the month before, according to the Office for National Statistics (ONS). The contraction meant growth for the three months to April slowed to 0.3%. Factory shutdowns designed to […]

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Schengen visa fees to increase from Jan

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  • June 10, 2019
  • 3 min read

Travellers in need of a Schengen visa will need to pay a higher visa fee starting from January 2020. The changes come after the European Union Council gave the final nod to an updated Schengen Visa code, last week. According to a press release of the EU Council, the Schengen visa fees will increase by […]

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Brexit uncertainty a persistent drag on the UK economy: QNB

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  • June 2, 2019
  • 4 min read

Uncertainty around Brexit has been a persistent drag on the UK economy ever since the June 2016 referendum when the UK narrowly voted to “Leave” the European Union rather than “Remain” in the EU. The British currency (GBP) fell sharply after the referendum and remains 17% below the average of the previous five years, QNB […]

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Brexit shutdown slashes UK car production by 45%

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  • May 30, 2019
  • 3 min read

Factory shutdowns designed to cope with disruption from a 29 March Brexit, slashed UK car production in April by almost a half. Even though Brexit is delayed the factories still closed and production fell 44.5% according to the Society of Motor Manufacturers and Traders (SMMT). In what it called “an extraordinary month”, the SMMT said […]

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As Prime Minister Theresa May finally succumbed to the pressure to step aside as leader of the Conservative Party, she had a message to whoever succeeds her: you will have to compromise. It’s a lesson she learned the hard way after seeing her version of Brexit shot down three times in a deeply divided and […]

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Brexit: UK, the Netherlands kick off EU elections

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  • May 24, 2019
  • 5 min read

Voters in Brexit-bound Britain and the Netherlands cast ballots yesterday at the start of 28-nation EU elections in which Eurosceptic, anti-immigration forces have vowed a political earthquake to shake up the Brussels establishment. With British Prime Minister Theresa May’s resignation appearing imminent after she postponed a forlorn attempt to push her divorce deal through parliament, […]

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All you need to know about the European Parliament elections

  • internetQatar
  • May 23, 2019
  • 5 min read

Between Thursday and Sunday, millions will choose who represents them at the European Parliament (EP), the European Union’s (EU) parliamentary institution directly elected by citizens aged 18 or older. The EU is often considered an obscure and technocratic body – somewhere between a nation-state and an international organisation such as the United Nations. Many have […]

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Brexit: All you need to know about the UK leaving the Europe

  • internetQatar
  • May 20, 2019
  • 10 min read

Here is an easy-to-understand guide to Brexit – beginning with the basics, then a look at the current negotiations, followed by a selection of answers to questions we’ve been sent. What does Brexit mean? It is a word that is used as a shorthand way of saying the UK leaving the EU – merging the […]

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Labour-Tory Brexit talks end without deal

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  • May 18, 2019
  • 4 min read

Talks between Labour and the government aimed at breaking the Brexit impasse have ended without an agreement. Jeremy Corbyn said the discussions had “gone as far as they can”, blaming what he called the government’s “increasing weakness and instability”. Theresa May said the lack of a “common position” within Labour over a further referendum had […]

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