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UK Waters Down Brexit-Focused Tax Cut Plans
September 15, 2016
Following warnings from European colleagues that large corporate tax cuts would hinder Brexit negotiations, UK Chancellor of the Exchequer Philip Hammond has downgraded plans to reduce businesses taxes to boost economic activity with an eye to post-Brexit economic uncertainty.
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UK Labour Candidate Campaigns on Pro-EU Platform
September 15, 2016
The BBC reports that candidate for the leadership of the UK Labour Party Owen Smith has asserted that, if he becomes Prime Minister after Britain has left the EU, he would consider reapplying for membership in the bloc.
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UK Politicians Call for Quick Brexit Trigger
September 15, 2016
Voice of America reports that leading proponents of the UK leaving the EU have called on British Prime Minister Theresa May to trigger negotiations over Brexit before the end of the year, arguing that waiting longer could lead to negotiators disavowing the will of voters who wished to see a hard break with the bloc.
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Brexit Vote Grants Impetus to EU Defense Integration
September 14, 2016
Jonathan Marcus writes that EU leaders are using the UK vote to leave the bloc as an opportunity to work toward long-held plans, often stifled by Britain, to create common European defense structures supplementing their involvement in the North Atlantic Treaty Organization.
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EU Members Consider Claims to Apple Payout
September 14, 2016
AP reports that finance ministers from some EU member states are backing the European Commission's decision to require tech giant Apple to pay up to $21 billion in back taxes, with interest, to Ireland, as multiple governments consider staking a claim to part of the proceeds from the fine.
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