Business A.M
No Result
View All Result
Saturday, March 7, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Europe

Brexit’s effect on UK ‘will be profound and unpredictable’, – Lords committee

by Admin
July 19, 2017
in Europe

Brexit poses a fundamental challenge to the future of the United Kingdom by removing the European Union law that has helped to bind it together, a committee of lawmakers from the British parliament’s upper house said on Wednesday.

Last year’s vote to leave the EU has highlighted tensions among the United Kingdom’s four constituent nations: England and Wales voted to leave, Scotland and Northern Ireland to remain.

It has prompted renewed calls from Scottish nationalists for a vote on independence, and members of the Scottish, Welsh and Northern Irish governments have complained the national government has not involved them enough its Brexit negotiation preparations.

“Brexit’s impact on the future of the United Kingdom will be profound and unpredictable. At the moment, the internal politics are pretty toxic,” said Michael Jay, a member of the Lords EU committee and former head of Britain’s diplomatic service.

The committee’s report “Brexit: devolution”, said the supremacy of EU law and its interpretation by the EU’s Court of Justice have helped ensure consistency of legal and regulatory standards across the United Kingdom’s internal market.

“Brexit thus presents fundamental constitutional challenges to the United Kingdom as a whole,” the report said. It called on the government to set aside party politics and adjust its Brexit approach to accommodate the needs of the different regions.

It also said Brexit would lead to a significant increase in powers and responsibilities for local institutions in the three devolved nations, in areas such as fisheries and agriculture. Any attempt at a “power grab” by either side would only add to instability, it said.

Scotland’s governing Scottish National Party has threatened to try to block the progress of key legislation that will sever legal ties with the EU unless the government does more to account for Scotland’s interests in Brexit.

The Lords’ report said that if the UK-wide Brexit agreement does not adequately reflect Scotland’s needs, a strong political and economic case can be made for making differentiated arrangements for Scotland.

“The UK Government must respect the devolved institutions. It’s not enough saying it’s listening to them, it’s actually got to take account of what they say and adjust its approach to accommodate their specific needs,” Jay said.

“Equally, the devolved administrations must work with, not against, the UK government to get the best Brexit for the whole of the UK.”

Admin
Admin
Previous Post

Taleveras says international standards guide third party oil trading contracts

Next Post

Consumers want control of the brand experience

Next Post

Consumers want control of the brand experience

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

March 7, 2026
Global food prices higher in July on stronger meat, vegetable oil costs

Global food prices rise for first time in five months on cereal, oil gains

March 6, 2026
inDrive retains top download ranking amid expansion into African mobility markets

inDrive rolls out Ramadan Shukran driver appreciation campaign in Abuja

March 6, 2026
Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

March 7, 2026
Global food prices higher in July on stronger meat, vegetable oil costs

Global food prices rise for first time in five months on cereal, oil gains

March 6, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M