International Bus - UK

As BREXIT is still ongoing, the future not looking good. After U.K Treasury published its report,  it look like there is going to be a weak outcome for growth. Britain have fallen out the top 5  world’s economies. From the report it looks like Britain would be unable to have a pay hike until 2025, that means 17 years without any pay raise. The ORB (Office of Budget Responsibility) predict that in 2025 it’s annual wage would be $740 below its pre-crisis peak from prior year. But Treasury chief Philip Hammond  have said to have set  $4billion to prepare BREXIT up to the next two years after it’s departed. But right now, it looks like the bill for BREXIT “divorce” from the EU, have been piling up. Read more http://money.cnn.com/2017/11/23/news/economy/brexit-pay-raise-britain/index.html Work cited Kottasová, Ivana. “17 Years without a Raise? Welcome to Brexit Britain.” CNNMoney , Cable News Network, 24 Nov. 2017, 8:56, money.cnn.com/2017/11/23/news/economy/br...

It looks like BREXIT is far from done. Talks are still on going. It’s still unclear about what would happen after BREXIT. It’s looks like the issue of Ireland hasn’t come to an agreement, therefore without any progress, the EU won’t discuss any future trading relationship.   Britain had hope for a conclusion, so it can move forward onto the next phase. Secondly, Businesses are worry, according to the article “Key trade, regulations and legal agreement under the Britain’s economy will be invalided is no deal is struck”. And while business are clamoring for clarity. Plus, businesses want time and a transitional period (up to 3 years) so that can adapt wo what will happen to BREXIT.   Work cited: Chief EU negotiator Michel Barnier issued the deadline on Friday as the sixth round of Brexit talks wrapped up in Brussels without a breakthrough. “Brexit: U.K. Must Offer More Cash or EU Won't Talk Trade.” CNNMoney , Cable News Network, Read more here: http://money.cnn.com...

The talks are still there seeing it BREXIT still going to happen. The EU chief suggests that it if the talks about BREXIT doesn’t end well, it could impact the EU. Under the Lisbon Treaty, Article 50   “ Article 50 is a clause in the European Union's (EU)  Lisbon Treaty that outlines the steps to be taken by a country seeking to leave the bloc voluntarily. Invoking Article 50 kick-starts the formal exit process and serves as a way for countries to officially declare their intention to leave the EU.” ( Investopedia). British Prime Minister Tressa May still vowed to deliver BREXIT, while UK’s Labor party isn’t in the favor of reversing BREXIT referendum. According to the article BREXIT have brought in many issues, starting the Britain’s financial settlement upon it’s department from the bloc, the right of EU citizen and Britons residing in EU states and lastly the Northern Irish boarder.   Read more about this article here. http://www.cnn.com/2017/10/24/europ...

There's more daily news on Brexit. Today it is a vote for Theresa May to release the 58 secret studies that the UK gov. executed. " The Conservatives refused to take part in a vote – prompting accusations that the Prime Minister knew she would lose and has lost control of the parliamentary process for Brexit". Also " MPs approved unopposed Labour’s motion, which asked for a “humble address” requesting the Queen to direct Brexit Secretary David Davis to release the documents". I am really surprised to see that the MP's are getting the queen involved.  To read more visit  here .