Business A.M
No Result
View All Result
Monday, February 16, 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.”

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
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 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

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

February 15, 2026
Credit constraints, price volatility cloud agribusiness outlook

Credit constraints, price volatility cloud agribusiness outlook

February 15, 2026
Bedrock Residences appoints Kofo Ati-John as chairman

Bedrock Residences appoints Kofo Ati-John as chairman

February 14, 2026
Nigerian Breweries rated ‘buy’ as analysts see stronger earnings demand driving recovery

Nigerian Breweries returns to profitability with N99bn net income

February 14, 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
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    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

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

February 15, 2026
Credit constraints, price volatility cloud agribusiness outlook

Credit constraints, price volatility cloud agribusiness outlook

February 15, 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