When David Cameron spoke on the morning that the results of the European Union referendum were announced, before he resigned as Prime Minister, he said that he wanted to reassure British citizens living overseas that their circumstances would not change “immediately”. “It is in the best interests of all that the government conducts detailed work on this issue and that the new prime minister decides the best way forward as quickly as possible”.
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The Bank of England has cited commercial real estate as one of the risks to the British economy.
Vodafone, one of Britain’s biggest companies, will consider moving its group headquarters because of the vote.
A wounded Johnson pulled out of the contest but the affair appears to have turned some MPs against Gove.
Mr Hammond denied he was taking a swipe at Boris Johnson, insisting he “wasn’t at all talking” about the former London Mayor.
“She is level headed, kind, trustworthy and approachable”.
Financial movers and shakers gathered in southern France on Saturday to discuss the fallout from Brexit, urging a clear and timely political response to end uncertainty about what will happen next.
A petition to hold a second referendum on a British exit – popularly known as Brexit – has garnered more than 4 million signatures, although such a move is generally considered a political long shot.
Lib Dem leader Tim Farron said there “must be a cast iron guarantee” that European Union nationals can remain in the country. “Those who have contributed to the situation in the United Kingdom have resigned, Johnson, Farage and others”.
“There will be no single market a la carte”, Tusk, who chairs meetings of European Union leaders, said after a summit excluding the British prime minister on Wednesday.
Top EU officials, who are wondering with whom they will negotiate, offered pointed commentary on the leaders who pushed to get Britain out of the EU – and then stepped aside.
European Commission President Jean-Claude Juncker told EU lawmakers Tuesday that “the Brexit heroes of yesterday are the sad Brexit heroes of today”.
Leadsom insisted she would drive a hard bargain with Brussels, if elected.
Labour MP Gisela Stuart, who grew up in Germany, told the minister: “People are not bargaining chips”.
May officially supported Cameron’s pro-EU efforts but avoided campaigning herself.
Aviva said Tuesday that “extraordinary market circumstances, which are impacting the wider industry, have resulted in a lack of immediate liquidity in the Aviva Investors Property Trust”.
Tuesday’s initial ballot of 330 Conservative members of the House of Commons will eliminate the least popular candidate, followed by two more internal party votes Thursday and July 12 to reduce the field to two.
The race to replace Cameron has splintered the governing Conservative Party, while the opposition Labor Party is grappling with a leadership crisis of its own – leaving the country without clear direction at a critical juncture.
Veteran socialist Corbyn argues that support from grassroot members, who delivered him a landslide victory in last year’s leadership election, gives him a mandate to lead, but the party’s MPs believe power resides with them.
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OIL: Oil futures were steady on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed.
