What you need to be on the look out for in the Article 50 judgment on Tuesday

Sunday 22 January 2017 5:51 pm The Prime Minister has vowed to stick to her March timetable but, if the appeal judges do not favour the government’s argument, it could potentially lead to a number of late nights on Whitehall.If it is decided on Tuesday that an Act of Parliament must be put in place before the Brexit trigger is pulled, it’s not entirely clear how detailed that Act would need to be. Supreme Court justice Lady Brenda Hale found herself under fire late last year when she pointed out the government might have to go as far as to get parliament’s sign off on a “comprehensive replacement for the 1972 [European Communities] Act”.It has been reported over the weekend that Brexit secretary David Davis has a brief Article 50 Bill ready and waiting, should the government lose its appeal. However, the Brexit department declined to comment.Meanwhile, Labour leader Jeremy Corbyn told Sky News today he will ask his MPs not to oppose such a Bill if it is needed, but added he does want to amend it to include demands on aspects like market access and regulation. Will Tuesday be the end of the Brexit case?The handing down of the Supreme Court judgment will likely be the last outing in the courtrooms for this particular case, as there’s little scope for it to go to the European Court of Justice (ECJ). Hayley Kirton The Supreme Court is due to deliver its long-awaited decision in the Article 50 case on Tuesday. If you plan on following along with the legal eagles, here is what you need to know.Remind me – what is this case all about?The case centres on whether the government can trigger Article 50 without first getting approval from parliament, and it is an appeal by the government from a November High Court decision, in which a trio of judges decided royal prerogative alone could not be used to begin the Brexit process.  The ECJ takes cases debating the meaning of EU law but, in the Article 50 case, it’s not the meaning of the EU law that has been called into question, which states a member state can leave the union provided it follows the rules of its own constitution. What’s not clear is what the UK’s unwritten constitution actually requires.However, Article 50 could reach the ECJ in another case being brought in Ireland by lawyer Jolyon Maugham, who is seeking a legal ruling on whether the Article 50 notification can be revoked once it has been given.This also won’t be the last time the legal fine print of Brexit is debated in a UK court, with a case on Article 127, and whether leaving the EU also automatically means leaving the Single Market, currently due a hearing on its merits in February. How will I find out about Tuesday’s decision?The Supreme Court will give its judgment at 9:30am Tuesday morning and the hand down of the summary is expected to take a grand total of around five minutes. The court has advised those interested in following along live that the building itself is expected to be very crowded, and those who do not feel the need to be there in person may prefer to watch the livestream of the judgment. Alternatively, both the summary and the full judgment will be published on the court’s website shortly after it is read out. Although the initial case, which was heard in London’s High Court last October was brought by a number of parties, businesswoman Gina Miller was picked as lead claimant. Roughly around the same time, another Article 50 related case was being heard in Northern Ireland, with the High Court there deciding neither the region’s laws nor its parliament could effectively veto a Brexit decision by the government. The appeal of this case was joined with the government’s appeal of the Gina Miller case and sent onto the Supreme Court for a December hearing.As the case headed to the country’s top court, several other intervening parties threw their hat into the ring, including the Scottish and Welsh governments seeking clarity on what say the devolved regions should get on the Article 50 notification.The Prime Minister’s Brexit speech last Tuesday mentioned MPs would be getting a vote on the final deal. What does that mean for this case?Not a great deal. While Theresa May offered parliament a say on the final deal, this case is centred on the actual Article 50 notification itself.Meanwhile, last month, MPs passed a motion in the House of Commons to stick with the timetable to trigger Article 50 by the end of March this year, with the caveat that government should reveal its Brexit plans in advance. However, again, this does not oust the need for the case, with lawyers for the government in the Supreme Court hearing calling the motion “significant”, but conceding it was not legally “binding”.Speaking of the Article 50 due date, will this case throw off the government’s timetable? More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp What you need to be on the look out for in the Article 50 judgment on Tuesday whatsapp Share read more

The government has sold more Lloyds Banking Group shares

The government has sold more shares in Lloyds Banking Group, bringing its holding below the five per cent threshold.UK Financial Investments, which manages the government’s stake in the bank, said today it now owns 4.998 per cent of the group. Shares in the bank dipped 1.4 per cent at the open. whatsapp Until a few weeks ago, the government was Lloyds’ largest shareholder. It’s previously been reported the state could be rid of its entire holding by spring this year.The government bailed Lloyds out to the tune of £20.5bn in the wake of the financial crisis, leaving it with a 43 per cent stake in the bank.”Since our decision to sell the government’s stake in Lloyds we have recovered over 90 per cent of the money taxpayers injected into the bank during the financial crisis,” said Simon Kirby, economic secretary to the Treasury.”This represents real progress and I am delighted that we are on track to return Lloyds to private ownership.” Monday 30 January 2017 8:22 am More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsapp Share The government has sold more Lloyds Banking Group shares Caitlin Morrison read more

North Korea test-fires ballistic missile as Trump and Abe meet

whatsapp North Korea test-fires ballistic missile as Trump and Abe meet Sunday 12 February 2017 9:04 am The firing is the first since Trump became President but last year the communist state conducted more than 20 missile tests and two nuclear tests. The President promised to protect South Korea from the North in a call with his counterpart in the country, Park Geun-hy, after winning the US election in November.Read more: 9 ways Donald Trump is falling out with the American voterSouth Korea’s defence ministry said in a statement: “It is believed that today’s missile launch … is aimed at drawing global attention to the North by boasting its nuclear and missile capabilities.”“It is also believed that it was an armed provocation to test the response from the new US administration under President Trump.” North Korea conducted tests of its ballistic missile capabilities early on Sunday morning, as the US President Donald Trump met with Japan’s Prime Minister Shinzo Abe.The missile landed in the Sea of Japan and was fired from an area in the west of the secretive country according to South Korean officials. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comTexas governor said he plans to strip the Legislature’s paybusinessinsider.com Abe said the launch was “absolutely intolerable” at a joint press conference with Trump in Mar-a-Lago, Florida.Read more: War with North Korea over its nuclear ambitions is now a real possibility”North Korea must fully comply with the UN Security Council resolutions. In my meeting with President Trump, he assured me the United States is always wth Japan, 100 per cent.”He said they would both work together on promoting collaboration between the two nations. “I just want everybody to understand and fully know that the US stands behind Japan, its great ally, 100 per cent,” said Trump. Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBathroom Remodeling Contractors | Search AdsLooking for Cheap Washroom Remodeling Contractor Services? Check OptionsBathroom Remodeling Contractors | Search AdsUndoAnyMuscle9 early warning signs and symptoms of diabetesAnyMuscleUndoAmerican Safe BathHere is Why This Brilliant Walk-in Tub Sweeps The US in 2021American Safe BathUndoToulounaHow To Choose The Best Auto InsuranceToulounaUndoDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoveryUndoHistory 10Have Any of These 20 Items? You Could Be RichHistory 10Undogeasbest2Reasons Why Cats Follow Us to The Bathroomgeasbest2Undoweniix.comLook The Future of Carsweniix.comUndoBridesBlushRemember Lyndsey From ‘Two and a Half Men’? This Is What She Looks Like NowBridesBlushUndo whatsapp Lynsey Barber read more

Brexit: UK’s services sector pleads for mutual recognition deal in letter to Prime Minister

However, fears are growing that the EU will refuse to budge when it comes to a bespoke deal. City A.M. revealed back in April that City figures involved in negotiations were expecting little more than a “token, minimalist” deal – something which was echoed by Theresa May’s chief Brexit adviser Olly Robbins yesterday. Tuesday 3 July 2018 12:57 pm Brexit: UK’s services sector pleads for mutual recognition deal in letter to Prime Minister As well as mutual recognition, the letter demands “reduced uncertainty” during transition and the ability to hire “the best talent from overseas, whether from the EU or beyond”. It also calls for data sharing and other existing cooperative acts between the UK and EU to continue after Brexit.”Failing to negotiate these elements would impair our ability to provide our services with the same range, depth and speed our clients around the world experience today, damaging their businesses and putting our sectors at a distinct competitive disadvantage,” the letter says.”We took comfort from your Mansion House speech in March 2018, which highlighted your awareness of these issues; Greg Clark’s speech at the International Business Festival last week reinforced that.”The EU has the balance of trade in goods in its favour and it is understandable that they will seek to prioritise it in the negotiations. However, the UK needs to get the right deal on professional and other services given our relative strengths and current competitive position.”Chancellor Philip Hammond recently reiterated his personal commitment to the cause, using his Mansion House speech to slam enhanced equivalence as “nothing to do with equivalence and everything to do with an ambition to force the location of business into the EU”. whatsapp Some of the biggest firms in the UK’s services sector have written to the Prime Minister, urging her to secure a future trade deal that puts mutual recognition at its heart.The letter, coordinated by the Professional and Business Services Council and signed by the likes of KPMG and Deloitte, Allen & Overy and Clifford Chance, the City of London Corporation and TheCityUK, makes yet another plea for the UK government to pursue mutual recognition, arguing it is the only way for service industries to thrive after Brexit. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAuto carLook: Top 5 best super-GTs 2021 | AutocarAuto carCrowdy Fan30 1960s Cars Ranked From Best To WorstCrowdy FanDental Care AssociatesA Full Mouth Dental Implants Cost Might Surprise You. Discover Options!Dental Care AssociatesYarnweThese Are The Most Unique Models In The IndustryYarnwelo1ve.comWrap your feet in aluminum foil and a few hours later you will have this result! This is genius!lo1ve.comGetPhotoStickEnd Your Photo Loss Nightmare With This One Tiny GadgetGetPhotoStickalldelish15 Menacing Foods You Eat EverydayalldelishPedleb9 Uncommon Signs of Lung CancerPedlebrecipes dreamsTOP 10 simple recipes to recycle overripe bananasrecipes dreams Share Catherine Neilan whatsapp read more

Corporate advisory firm Moorgate Capital in court battle with private equity fund HIG European Capital Partners

first_img James Booth Share Sunday 16 September 2018 8:45 pm Moorgate alleges that HIG had promised to pay Moorgate £1m in the event it acquired printing firm Bezier, which HIG did in 2011.Read more: Lloyds Bank private equity arm invests £25m in energy price comparison firmMoorgate claims that the contract stemmed from an oral agreement, reportedly made at an event at the Wallace Collection in London.Moorgate claims it introduced Bezier to HIG as a potential acquisition and says it provided further “valuable services” connected with the deal.The original High Court claim was launched in April 2017 and the case is currently wending its way through the courts with Moorgate filing further papers related to the case earlier this month. Corporate advisory firm Moorgate Capital in court battle with private equity fund HIG European Capital Partners Read more: CEE private equity investment hits record highHIG acquired Bezier in 2011 after it had acquired Bezier’s senior debt.The print arm of Bezier filed for administration in February 2013.According to reports Moorgate is being represented by Cotswold Barristers and HIG is being advised by law firm Hogan Lovells.HIG declined to comment.center_img whatsapp Corporate advisory firm Moorgate Capital and private equity fund HIG European Capital Partners are locked in a court battle over an alleged unpaid £1m fee. whatsapp Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapTop 5 Tips If You’re Losing Your EyebrowsVegamourJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayotWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tags: Private equitylast_img read more

CEO quits Allied Irish Bank as concerns are raised about Ireland’s banker salary cap

first_imgShares in AIB dropped nine per cent to €3.75 this morning in response to the news, but have since recovered to €3.98.AIB was bailed out by the Irish state after the 2008 financial crash, leading to laws passed that capped salaries for senior staff at state-owned banks at €500,000.AIB floated on the Irish stock exchange in June 2017, making the government roughly €3.4bn. The state still owns 71 per cent of AIB.Senior figures at the bank have raised concerns that the cap is resulting in staff leaving for higher paid roles elsewhere.Byrne recently said in an interview with The Irish Times that turnover of senior staff is higher than normal and accelerating as the Dublin market expands to accommodate overseas firms wanting an EU base post-Brexit. The chief executive of Irish state-owned bank Allied Irish Bank (AIB), Bernard Byrne, will step down as chief executive in 2019 amid industry concerns about a salary cap on bankers. whatsapp News of Byrne’s departure comes only weeks after chief financial officer Mark Bourke said that he would be leaving the company early next year.It is likely to stir up controversy about the Irish government’s €500,000 (£443,000) salary cap, with group chairman Richard Pym claiming it is leading to high staff turnover.Of today’s announcement, Pym said: “It was a very grim day in my life when Bernard told me that he had an external opportunity which he wanted to pursue.”The fact that it came so soon after the resignation of our CFO, Mark Bourke, made it doubly difficult.” Max Kelly Pym called AIB “the training ground for the rest of the competition”, and said that pay caps and a ban on performance-related pay had made it “very difficult” for Irish-owned banks.In April, minister for finance Paschal Donohoe voted down a proposal by AIB to lift pay restrictions to allow it to offer a deferred annual share scheme that would award senior executives with shares up to the value of their salary.A government review into banking remuneration is expected to be complete towards the end of the year. Share Friday 26 October 2018 2:26 pm CEO quits Allied Irish Bank as concerns are raised about Ireland’s banker salary cap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyBridesBlushWhat The Harry Potter Stars Look Like Out Of CostumeBridesBlushzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.com whatsapp Tags: Brexitlast_img read more

Government to ban private finance initiatives for future public sector projects after Carillion collapse

first_imgMonday 29 October 2018 4:15 pm Government to ban private finance initiatives for future public sector projects after Carillion collapse whatsapp Jessica Clark Tags: Carillion Company People Philip Hammond Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoBetterBe20 Stunning Female AthletesBetterBeUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoFactablePut Baking Soda Around The Base Of A Tomato Plant, Here’s WhyFactableUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndo “With a huge infrastructure backlog in the UK, the Chancellor seems to have closed his options for a potential source of financing, which means the Government will need to commit to substantial public funding to ensure continuity of programmes directly impacted by the announcement, such as A303 upgrade at Stonehenge and the Lower Thames Crossing,” commented EY infrastructure partner Manish Gupta. Sharon Renouf, a partner at law firm Bevan Brittan, said: “There must now be a question about how future infrastructure will be delivered if not via PFI or PF2.”It seems unlikely that the need will be met with public sector capital so new models will need to come forward to address the gap.”center_img Share The government will abolish the use of private finance initiatives (PFI) to fund future projects, chancellor Philip Hammond announced today.  The announcement in Hammond’s Autumn Budget, the last before Brexit, comes after the collapse of construction giant Carillion put the controversial funding model in the spotlight. “We will honour existing contracts, but the days of the public sector being a push over must come to an end,” Hammond said today.”We will set up a Centre for Excellence to actively manage these contracts in the tax payers interest … and we will go further, I have never signed off a PFI contract as chancellor and I can confirm today that I never will.”The government will abolish the use of PFI and PF2 for future projects putting another legacy of labour behind us.”Analysts were critical of the decision to scrap the source of financing for public infrastructure.  whatsapplast_img read more

Former Nissan chairman Carlos Ghosn denies burdening company with personal losses

first_imgNissan chief executive Hiroto Saikawa has pinned the blame on Ghosn and former representative director Greg Kelly, who was also fired.But the company has said it will take independent advice on how to improve its governance of director compensation.Ghosn has not yet commented publicly on allegations that he purchased expensive overseas homes for personal use using Nissan funds and that he under-reported his salary.A spokesperson for Ernst & Young Shin Nihon said the firm does not comment on individual cases. Nissan has been contacted for comment. Tags: Trading Archive Wednesday 28 November 2018 11:08 am whatsapp Former Nissan chairman Carlos Ghosn denies burdening company with personal losses While Ghosn has acknowledged he consulted Nissan about the contract, he denies passing the losses to the firm, his lawyer Motonari Otsuru told Bloomberg.The comments come amid reports that Nissan’s auditor investigated transactions at the company relating to Ghosn’s alleged misconduct but found no evidence of wrongdoing.Ernst & Young Shin Nihon questioned Nissan executives on several occasions about the purchase of luxury houses and stock appropriation rights, a source told Reuters.Last week Ghosn was ousted as chairman of the car company following a board meeting at the company’s headquarters in Yokohama.The long-serving executive has experienced an abrupt fall from grace after he was arrested last Monday on suspicion of financial misconduct.center_img James Warrington Share whatsapp Former Nissan chairman Carlos Ghosn has denied passing personal trading losses to the car manufacturer, according to his lawyer.Japanese media reported yesterday that the ousted chairman may have transferred losses of ¥1.7bn (£11.7m) from a derivatives contract to the company in 2008. More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orglast_img read more

Time Out Market to open in former Eurostar terminal in London Waterloo station

first_img whatsapp Occupying 32,500 square feet over two floors in the former Eurostar terminal, the market is expected to open in 2021. It will lead part of a major £200m retail and leisure development of London’s busiest station from developer LCR.With around 500 seats, it plans to host 17 acclaimed London chefs and restaurateurs serving all kinds of cuisines, plus three bars and a space for cultural experiences showcasing the best London talent.The first Time Out Market opened in Lisbon in 2014 and there are plans for markets in major cities across the globe. Next year, Time Out Markets are set to open in Miami, New York, Boston, Chicago and Montreal.Julio Bruno, chief executive of Time Out, said: “London was the birthplace of Time Out in 1968 so it is a true milestone to bring Time Out Market to our city and in such a fantastic location.”He added: “As Time Out has transformed into a global media and entertainment business one thing hasn’t changed: our high-quality professional content about the best things to do in the city remains at the heart of everything we do. This allows us to successfully diversify our iconic brand across digital and physical channels with Time Out Market playing an important role in driving further growth.”Planning permission is in place but Time Out is currently awaiting a licence approval. The company is also looking to open in east London and is pursuing planning consent for a market in Spitalfields. whatsapp Friday 14 December 2018 10:23 am Time Out Group has revealed plans to open a new market in London’s Waterloo station.Time Out Market London will have restaurants, bars and “cultural experiences” hand picked by the British media company from across the capital. Time Out Market to open in former Eurostar terminal in London Waterloo station Share Oliver Telling More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tags: Trading Archivelast_img read more

Government commits to maintaining ‘triple lock’ state pension uprating for UK expats in Europe in the event of no-deal Brexit

first_img The government has allayed concerns it may stop increasing the state pension in line with inflation for hundreds of thousands of expats retiring to countries in the EU.Currently, UK expats who have retired to the bloc receive the so called triple lock uprating, meaning their state pension rises in line with the highest of average earnings, inflation or 2.5 per cent. Doubts emerged last year that expats who had retired to the bloc would stop receiving the uprating in the event of a no deal scenario after a December announcement by the Department for Exiting the European Union (DExEU).In the policy paper, DExEU pledged only to maintain the triple lock if the EU reciprocated with its own expat citizens in the UK.But in response to a written parliamentary question on the issue, Conservative peer Baroness Peta Buscombe said the government “will uprate the UK state pension for those living in the EU in 2019-20”.Analysts at AJ Bell estimate it will cost the government around £400m a year to do this.It remains unclear what would happen beyond the end of next year if, in the event of a no deal scenario, the EU refused to reciprocate the triple lock uprating. Government commits to maintaining ‘triple lock’ state pension uprating for UK expats in Europe in the event of no-deal Brexit Share whatsapp whatsappcenter_img Buscombe added: “We want to secure continued reciprocal arrangements covering the uprating of State Pensions in the EU even in the event of a ‘no deal’ exit,” seeming to refer to DExEU’s previous statement.The UK state pension “will continue to be payable worldwide following the UK’s departure from the EU,” she said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.com Tuesday 8 January 2019 12:44 pm Alex Daniel Tags: Pensionslast_img read more