Tag: Brexit
UK Brexit chaos continues as PM plans Brussels trip
(CNS): British Prime Minister Theresa May is planning to return to Brussels next week in an effort to renegotiate the Brexit withdrawal deal without the controversial ‘backstop’, which relates to avoiding a hard border between the Republic of Ireland and Northern Ireland after the UK leaves the European Union. But the goal is a tough […]
May still in job but refuses to rule out ‘no deal Brexit’
(CNS): British Prime Minister Theresa May refused to rule out a ‘no deal Brexit’ Thursday, in the wake of surviving a no confidence vote on Wednesday. Just over two months before the UK will leave the European Union after some 45 years, May has now decided to invite cross-party discussions about a revised deal after […]
British PM faces no confidence vote after Brexit deal defeat
(CNS): Theresa May sustained a resounding defeat in the British House of Commons, Tuesday, when MPs voted against her much disliked Brexit deal 432 to 202, in the heaviest parliamentary defeat of any British prime minister in modern history. Given what he described as “a catastrophic defeat” for the prime minister, Opposition Leader Jeremy Corbyn […]
Premier’s delegation begins Brussels meetings
(CNS): Premier Alden McLaughlin and the Cayman delegation he is leading to Europe began discussions on Monday with staffers from various EU commissions in Brussels about the blacklisting threats. The delegation began by meeting David Boublil, a member of the Cabinet of Pierre Moscovici, the Commissioner for Economic and Financial Affairs, Taxation and Customs; Gints […]
UK PM makes last-minute plea for votes on Brexit deal
(CNS): The British House of Commons is still on track to vote on the deal that Prime Minister Theresa May has presented as the country’s only path to Brexit. Speaking in the Commons on Monday, May made a last-ditch effort to rally the votes she needs but is very unlikely to get in order to […]
UK prime minister hangs on to job after party vote
(CNS): A vote of no confidence in Prime Minister Theresa May’s leadership of the Conservative Party was defeated Wednesday, allowing the beleaguered British leader to hang on to her job in the face of continuing chaos in UK politics circulating around the country’s attempts to leave the European Union. However, although her leadership cannot be […]
Brexit chaos rolls on in wake of cancelled vote
(CNS): The former British prime minister, David Cameron, said he had no regrets about calling the referendum asking British voters if they wanted to remain or leave the European Union, even as the political chaos created by the result mounted Tuesday. The current PM, Theresa May, cancelled the parliamentary vote, which had been due today, […]
Brexit overshadows first day of JMC
(CNS): The first day of the two-day meeting between the British Overseas Territories Joint Ministerial Council and the UK Government in London was overshadowed Tuesday by the UK’s exit from Europe. Not only was Brexit at the top of the agenda at the BOT meeting but it also kept key British ministers away from the JMC […]
EU issue remains ‘fluid’ as deadline approaches
(CNS): Financial Services Minister Tara Rivers described the situation between the Cayman Islands and the European Union over the looming threat of blacklisting at the end of this year as “fluid” following meetings in Brussels last month. The Cayman Islands avoided the latest offshore finance list in 2017 regarding the tax regime here but was […]
Boris third minister to quit UK government
(CNS): Boris Johnson has walked out of his top job as British foreign secretary, becoming the third minister to leave Prime Minister Theresa May’s Cabinet following a weekend at Chequers, the PM’s country retreat, where the Conservative government’s Brexit plan was hammered out. Johnson reportedly said that selling the compromise that emerged from her deeply divided cabinet […]
BOTs pushed to do more on tax transparency
(CNS): Prime Minister Theresa May welcomed the leaders of the British Overseas Territories to Downing Street Monday, after they arrived in London for the annual Joint Ministerial Council meeting this week. While the PM had good news for some territories, as her government has confirmed a new £70 million package of recovery and reconstruction support for […]
