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Share Price: 538.60
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Change: -0.40 (-0.07%)
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Britain says EU reform talks will 'go to the wire'

Sun, 14th Feb 2016 14:02

LONDON, Feb 14 (Reuters) - Britain's push to win backingfrom its European partners for its wish list of EU reforms willgo "right to the wire" at a summit this week, Foreign SecretaryPhilip Hammond said on Sunday.

"There isn't a deal yet, there is a working draft, there arelots of moving parts and we have got a negotiation that will runthrough this week, and I have no doubt will run right to thewire," he told BBC television on Sunday.

He said progress was needed to nail down key demands in theareas of competitiveness, the relationship between countries inthe bloc that use the euro and those that do not, nationalsovereignty and access to welfare benefits.

British and EU negotiators have already broadly agreed muchof a reform package, but tricky political issues, notably onmigration, are still outstanding.

Prime Minister David Cameron is hoping to return from asummit of European leaders on Thursday and Friday in Brusselswith a package of reforms that he can take to the British peoplein a referendum on whether to remain in the EU.

"Our European partners understand that we have to have arobust deal in each of those areas if the British people are tovote to remain inside the European Union," Hammond told theAndrew Marr show.

The campaign to remain in the bloc stepped up a gear onSunday, when the boss of airline easyJet said Britain'smembership of the EU was the reason that the cost of flights hadplummeted, while the range of destinations had soared.

"Whatever way to look at it, the EU has brought hugebenefits for UK travellers and businesses," Carolyn McCall wrotein the Sunday Times.

"Staying in the EU will ensure that they, and all of us,continue to receive them."

Campaigners to leave, however, repeated claims that EUsupporters were running a fear campaign to scare people intovoting to stay.

"Those that wish to remain in the EU should make thepositive case for the supranational European project rather thanfrightening people," former defence minister Liam Fox told thenewspaper. (Reporting by Paul Sandle; Editing by Ros Russell)

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2 Feb 2024 14:45

Broker tips: Wise, easyJet, Wizz, BT

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LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 11:56

Barclays upgrades easyJet, Wizz Air

(Sharecast News) - Barclays upgraded Wizz Air and easyJet on Friday as it cited "positive prospects" for European low-cost carriers.

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2 Feb 2024 09:27

LONDON BROKER RATINGS: Barclays raises easyJet and Wizz Air

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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1 Feb 2024 16:48

London close: Stocks turn lower as BoE keeps rates on hold

(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.

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1 Feb 2024 15:50

UK shareholder meetings calendar - next 7 days

Friday 2 February 
Tectonic Gold PLCAGM
Monday 5 February 
no events scheduled 
Tuesday 6 February 
Blackrock Frontiers Investment Trust PLCAGM
Qinetiq Group PLCGM re share buyback authorisation
Ten Lifestyle Group PLCAGM
Wednesday 7 February 
Asos PLCAGM
eEnergy Group PLCGM re disposal of Energy Management division
Future PLCAGM
Mosman Oil & Gas LtdEGM re director participation in placing
Premier Miton Group PLCAGM
Thursday 8 February 
Benchmark Holdings PLCAGM
Compass Group PLCAGM
easyJet PLCAGM
Hargreave Hale AIM VCT PLCAGM
Polar Capital Global Healthcare Trust PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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1 Feb 2024 13:34

Broker tips: Next, Marshalls, easyJet

(Sharecast News) - Barclays downgraded Next to 'equalweight' from 'overweight' on Thursday but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.

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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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1 Feb 2024 09:03

LONDON BROKER RATINGS: Barclays cuts Next; JPMorgan raises easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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JPMorgan upgrades easyJet to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded easyJet on Thursday to 'overweight' from 'neutral' as it took a look at European airlines.

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(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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RBC Capital lifts easyJet price target after Q1 update

(Sharecast News) - RBC Capital Markets hiked its price target on easyJet to 540p from 500p on Thursday and lifted estimates after the budget airline's first-quarter update a day earlier.

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Wizz Air's Q3 loss swells on MidEast flight disruptions

Q3 operating loss 180 mln euros vs forecast 93 mln euro loss

*

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LONDON BROKER RATINGS: JPMorgan raises Admiral Group to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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