Richard Stratton, managing director for UK consultancy Cundall’s operations in the Middle East, talks to Construction Week In Focus about the threat of Brexit – and why the business is diversifying its revenue streams to mitigate the effects of the UK’s divorce from the European Union, with a no-deal scenario looking increasingly likely.
brexit deal
Angela Merkel
EU gives Britain six months to sort out Brexit plans
If London remains in the EU after May 22, British voters will have to take part in European elections – or crash out on June 1
Brexit
EU set to force UK into long Brexit that could shorten May’s tenure as PM
May’s ruling Conservative party has almost run out of patience with her leadership
Brexit
Ready or not: What happens in case of no-deal Brexit
Here are the main ways Britain would be affected in case of a ‘no-deal; ending to the 46-year partnership with the EU
Brexit
UK risks Brexit purgatory as lawmakers question May’s strategy
While May will meet EU leaders Wednesday to make her case for a short extension to June 30, European Council President Donald Tusk is pushing for a delay of as long as a year to allow time to forge a new consensus
Brexit
Video: Brexit explained – what will happen if the UK leaves or remains in the EU?
ABTV’s Shruthi Nair explains why Brexit is happening, what will happen if the UK decides to leavs or stay in the EU, and its global implications.
Alistair Burt
British MPs seize control of the Brexit process
Foreign Office minister Alistair Burt and health minister Steve Brine resigned, while business minister Richard Harrington announced his decision to leave government on Twitter
Brexit
Theresa May’s cabinet in open revolt, plotting overthrow
Senior cabinet ministers need to first make sure whether there will be a no-deal Brexit, amended deal or referendum, and only then replace the prime minister.
Angela Merkel
EU leaders pile pressure on UK MPs to back Brexit deal
European leaders warn that the alternative is a cliff-edge exit from the EU next week
Brexit
Will UK Prime Minister Theresa May finally secure support for Brexit deal?
UK says ‘legally binding changes’ to Brexit deal agreed with EU
Brexit
Pro-Brexit hardliners deliver ‘peace terms’ to Theresa May
Latest maneuvering could open the door for the embattled British leader to win a Brexit vote in Parliament within days
Brexit
Theresa May survives another vote as she slowly brings opponents onside
Jacob Rees-Mogg, chairman of the ERG, said he was willing to compromise with the prime minister on changes to her deal
Brexit
British Labour Party raises prospect of second Brexit referendum
Jeremy Corbyn, a lifelong Eurosceptic who supports Brexit, has been highly ambiguous throughout the negotiations
Brexit
No-deal Brexit ‘could cost 600,000 jobs worldwide’: study
Researchers at the IWH institute in Halle, eastern Germany, examined what would happen if UK imports from the remaining EU fell 25 percent after Brexit
Bank of England Governor Mark Carney
UK recession risk in next year climbs to 30%, economists say
Economists put the chances of a recession at almost 50 percent in the immediate aftermath of 2016’s Brexit vote, but the economy continued to expand
Brexit
Theresa May to cross the Irish Sea in search of a Brexit answer
Failure to agree on Brexit is holding back investment in the UK, with Nissan abandoning plans to expand production in the UK
Brexit
UK’s Theresa May says she is ‘armed with fresh’ Brexit mandate
MPs voted last week to send Theresa May back to Brussels to renegotiate the clause, suggesting her deal would then be able to pass after it was roundly rejected in parliament last month