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UK Declines to Apply EU Bonus Cap to Smaller Lenders
March 02, 2016
Reuters reports that UK regulators have explained to the EU that they will not apply European legislation placing caps on the bonuses granted to employees to smaller lenders because these institutions pose a less significant risk to the British banking system.
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Former BoE Governor Calls for Dissolution of Eurozone
March 02, 2016
Warning that the alternative would be "economic and political crisis" throughout the EU due to the continuous obligation to subsidize poorer countries in the bloc, former Governor of the Bank of England ("BOE") Mervyn King has called for eurozone countries to call "a halt to the monetary union project."
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Article: UK Must Shackle Itself to EU Political Union
March 02, 2016
Clive Crook writes in Bloomberg View that, although the British people disagree fundamentally with political integration with the EU, the economic costs and other "short-term risks" of leaving the bloc are too great to be overcome by the long-term prospects of a "loveless marriage" between the UK and the EU.
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Telegraph Article Outlines Facts Related to Brexit
February 29, 2016
The Telegraph has published an article based on interviews with EU experts that compares the UK's current situation in the EU with what would likely occur if the British people voted to exit the bloc, including how such a decision would affect UK control over laws and policy.
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Former Conservative Leader Seeks Vote for Brexit
February 29, 2016
Arguing that a vote to leave would lead to a renewed offer from other EU countries with better terms of membership for the UK, former leader of the Conservative Party Michael Howard has announced his support for Britain's vote to exit the EU in the upcoming referendum in June.
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