Image of PressTV-'UK to lose 10,000 finance jobs after Brexit'
PressTV-'UK to lose 10,000 finance jobs after Brexit'
About 10,000 finance jobs will be shifted out of the UK or created overseas in the next few years if Britain is denied access to the European Union’s single market, according to a survey of international firms.Frankfurt, Germany, was by far the most popular destination for the new roles, with Paris, France, a distant second, according to the Reuters survey of firms employing the bulk of workers in... [Read More]
Image of PressTV-UK will regret Brexit, EU president warns
PressTV-UK will regret Brexit, EU president warns
European Commission President Jean-Claude Juncker has warned that Britain will regret its decision to leave the European Union, saying that the bloc will "move on" after London's departure.“On March 29, 2019, the United Kingdom will leave the European Union. It will be a moment both sad and tragic. We will always regret it and you will regret it soon,” Juncker said Wednesday in his annual state of... [Read More]
Image of PressTV-UK minister warns of 'chaotic' EU withdrawal
PressTV-UK minister warns of 'chaotic' EU withdrawal
Britain's minister for leaving the European Union has warned MPs that voting against the legislation to end the UK’s membership in the EU would amount to backing a “chaotic” withdrawal from the union."The British people did not vote for confusion and neither should Parliament," Britain's Secretary of State for Exiting the European Union David Davis said on Monday, referring to the EU referendum in... [Read More]
Image of PressTV-'British NHS to face its worst winter'
PressTV-'British NHS to face its worst winter'
British hospital chiefs warn that the National Health Service will suffer its worst winter in England’s recent history unless an emergency funding is provided by the government.The NHS group, which represents hospital chief executives, is calling for between £200 million and £350 million in urgent funding. This, as the government says it has allocated more money to the services than ever before.Th... [Read More]
Image of British Socialized Health System In "Dire State," Worst Wait Times On Record » Alex Jones' Infowars
British Socialized Health System In "Dire State," Worst Wait Times On Record » Alex Jones' Infowars
U.K. health secretary Jeremy Hunt has admitted that the NHS is in a dire state and failed to meet its targets of Accident & Emergency waiting times in January – making it the worst month ever on record.The stark admission came during a press conference held by Think Tank Reform on NHS performance.But as feared the national health care system is not up to speed as only 85.1 per cent of patients... [Read More]
Image of PressTV-200K protest NHS cuts in London rally
PressTV-200K protest NHS cuts in London rally
Nearly 200,000 protesters took to the streets of the British capital London to voice their opposition to National Health Service (NHS) cuts and the privatization of Britain’s healthcare services.Crowds of protesters carried banners and placards during the Saturday rally, which was organized by Unite trade union. Demonstrators chanted slogans such as “NHS not for sale” and “The blood on my hands wa... [Read More]
Image of PressTV-UK firms already suffering from Brexit
PressTV-UK firms already suffering from Brexit
Over half of Britain’s major companies have experienced the negative impacts of the country’s pending withdrawal from the European Union (EU), shows a new survey of British business leaders.About 58 percent of bosses from Britain’s largest 500 firms think their businesses are already facing the implications of last year’s public vote to leave the EU, according to an Ipsos Mori poll published on Mo... [Read More]
Image of PressTV-British PM apeals for unity after Brexit
PressTV-British PM apeals for unity after Brexit
British Prime Minister Theresa May has urged citizens to unite and move forward after a vote to leave the European Union sparked deep divisions in the country.In her first Christmas message on Saturday, May said, "As we leave the European Union we must seize a historic opportunity to forge a bold new role for ourselves in the world and to unite our country as we move forward into the future."In a ... [Read More]
Image of PressTV-‘UK Supreme Court won't overturn Brexit vote’
PressTV-‘UK Supreme Court won't overturn Brexit vote’
The UK Supreme Court, which has heard a landmark case to decide whether the government can trigger the process of Britain’s exit from the European Union without the parliament's approval, says it will not overturn the result of the Brexit referendum.In closing remarks at the end of a four-day hearing, Supreme Court President David Neuberger said on Thursday the court will announce its ruling on th... [Read More]
Image of PressTV-UK may pay for EU single market access
PressTV-UK may pay for EU single market access
The UK government says it may pay in order to maintain its access to the European Union (EU) single market after leaving the bloc.Brexit Secretary David Davis made the announcement during a regular session facing lawmakers in the House of Commons on Thursday.“The major criterion here is that we get the best possible access for goods and services to the European market - and if that is included in ... [Read More]
Image of PressTV-‘UK on brink of social care crisis’
PressTV-‘UK on brink of social care crisis’
The United Kingdom is on the verge of a social care crisis as funding for the care of the elderly is deteriorating, a cross-party group of politicians warn the government.“The social care crisis is real and it is happening right now. The government cannot ignore it any longer if we are to truly have a society that works for everyone,” the group said in a letter to The Observer.The warning by leade... [Read More]
Image of PressTV-Britons could pay to keep EU citizenship
PressTV-Britons could pay to keep EU citizenship
Following the British referendum to exit the European Union, UK citizens could pay to retain their EU citizenship under plans being considered by Members of the European Parliament (MEPs).Guy Verhofstadt, the former Belgian prime minister and lead Brexit negotiator in the European Parliament, said he supported the principle of the idea, which would see Britons paying an annual fee to the EU."Many ... [Read More]
Image of British PM seeks to calm Brexit fears at business summit
British PM seeks to calm Brexit fears at business summit
British Prime Minister Theresa May has tried to soothe the fears of businesses by saying she wants to avoid a “cliff-edge scenario" when her country leaves the European Union (EU).May made the announcement at the Confederation of British Industry (CBI) annual conference in London on Monday, saying that the doors would be open to doing business with "old allies" in other parts of the world.She hint... [Read More]
Image of Britons angered by Queen’s extravagant use of tax money
Britons angered by Queen’s extravagant use of tax money
Thousands of Britons have signed a petition to express their outrage over Queen Elizabeth’s use of £369 million in taxpayers' money to repair the Buckingham Palace.More than 94,000 people had signed the petition as of Sunday, two days after the government of Prime Minister Theresa May allowed the royal family to repair the palace with public funds.The UK Parliament should discuss the petition when... [Read More]
Image of German Finance Minister Warns That Britain Could Still Be Paying Into Brussels Coffers In 2030
German Finance Minister Warns That Britain Could Still Be Paying Into Brussels Coffers In 2030
Britain could be forced to write cheques to Brussels until 2030 despite leaving the EU, the German finance minister has warned.Wolfgang Schauble delivered his blustering warning as Theresa May flew into Berlin for talks with Angela Merkel and other world leaders.Mr Schauble said post-Brexit Britain would be bound by tax rules restricting it from granting incentives to keep investors in the country... [Read More]
Image of PressTV-Public unrest likely over Brexit: Farage
PressTV-Public unrest likely over Brexit: Farage
The leader of the UK Independence Party (UKIP), Nigel Farage, has warned that recent attempts to undermine Britain's withdrawal from the European Union (EU) might result in “real disturbance on the streets.”Speaking to BBC on Sunday, Farage said there was a “movement” to prevent the results of a June referendum to leave the EU from taking effect.Nearly 52 percent of Britons voted to end the UK’s m... [Read More]
Image of PressTV-‘Economic hardship threatens millions in UK’
PressTV-‘Economic hardship threatens millions in UK’
Rising inflation, low pay and increased debt are expected to affect millions of Britons next year, bringing more financial hardship for people. The conditions will lower living standards for British households in 2017 as the country’s economy adjusts to the post-referendum environment, experts told The Guardian. In the June 23 referendum, about 52 percent of British voters opted to leave the... [Read More]
Image of PressTV-‘Scottish independence riskier than Brexit’
PressTV-‘Scottish independence riskier than Brexit’
Scotland’s possible independence from the UK is more likely to harm the country’s finance sector than the UK’s withdrawal from the European Union (EU), according to a new research.According to the study released by the Strathclyde University on Monday, Scotland’s banks and financial institutions are expected to survive the Brexit shock with no major implications.However, the outlook of an independ... [Read More]
Image of PressTV-Scotland warns of Brexit implications
PressTV-Scotland warns of Brexit implications
Scottish Secretary of State David Mundell has warned about the consequences of the UK’s withdrawal from the European Union (EU), saying Brexit would cut access to the single market.Mundell told members of the Scottish Parliament on Thursday that neither Scotland nor any other part of the UK was going to get a “special deal” during the negotiations with the EU."So there are very specific issues to ... [Read More]
Image of PressTV-Falling UK pound fuel fears of slowdown
PressTV-Falling UK pound fuel fears of slowdown
The British economy is losing momentum following a post-EU referendum bounce, as the weak pound and higher inflation signal a fall in living standards, according to new analysis.The latest Guardian analysis of the post-Brexit economy shows a sharp fall in the value of the British currency against the US dollar.The pound is hovering around $1.22, about 18 percent lower than on June 23, the day of t... [Read More]
Image of Brexit threatens $590 billion in investment, US business group warns
Brexit threatens $590 billion in investment, US business group warns
The largest US business lobby group has warned that American companies with nearly $600 billion of investments in Britain are reviewing their plans for expansion in the country amid concerns over its post-Brexit access to the European Union’s single market.The US Chamber of Commerce, the world’s largest national business lobby group that represents companies with investments worth some $590 billio... [Read More]
Image of PressTV-Bank of England warns of rising inflation
PressTV-Bank of England warns of rising inflation
The Bank of England has warned that life will turn difficult for Britain’s most vulnerable, as inflation is expected to rise due to a slump in the pound following the vote to exit the European Union.Mark Carney, the Governor of the Bank of England, said Friday that inflation was likely to surpass the bank’s official two-percent target over the coming years.Carney said that the bank was “willing to... [Read More]