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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

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Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Brexit

U.K. Government Rejects Anti-Brexit Petition Signed by 5.8 Million People

By
Grace Dobush
Grace Dobush
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By
Grace Dobush
Grace Dobush
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March 27, 2019, 7:04 AM ET

The U.K. government has officially rejected a petition with 5.8 million signatures calling for the cancellation of Brexit, saying ignoring the popular mandate of 2016 would “undermine both our democracy and the trust that millions of voters have placed in Government.”

The petition, along with a million-strong protest march in London, Saturday, was a last-ditch effort by U.K. citizens opposed to the country’s exit from the European Union, which was set for Friday — though now potentially delayed until at least April.

Britain’s parliament is yet to approve a way forward. Prime Minister Theresa May’s Brexit deal — which includes a two-year transition period, during which the U.K. and EU could negotiate their future trading and regulatory arrangements — remains unapproved, having been voted down twice in Parliament.

The House of Commons will begin voting on potential alternatives throughout Wednesday, while May is likely to ask Parliament to consider her deal for a third time later this week. If the deal finally passes, the U.K. will leave the EU on May 22. If it’s rejected for the third time, the British government will have until April 12 to propose an alternative solution to the EU.

In a significant move, leading pro-Brexit MP Jacob Rees-Mogg said Tuesday that he is willing to back May’s Brexit plan if she pledges to resign ahead of the trade negotiations. Former London Mayor Boris Johnson also implied Tuesday that he could back the deal on the same terms: “If we vote it down again there is an appreciable and growing sense we will not leave at all,” he said.

European Council President Donald Tusk weighed in:

Appeal to EP: You should be open to a long extension, if the UK wishes to rethink its strategy. 6 million people signed the petition, 1 million marched. They may not feel sufficiently represented by UK Parliament but they must feel represented by you. Because they are Europeans.

— Charles Michel (@eucopresident) March 27, 2019

The anti-Brexit petition was posted more than a month ago but gained so much attention last week that it crashed the U.K. Parliament’s petitions website. The U.K. government responded to the petition late Tuesday: “Revoking Article 50 would break the promises made by Government to the British people.” The statement pointed out that 17.4 million people voted to leave the European Union in the 2016 referendum, and 80% of those who voted in the 2017 general election voted for parties that pledged to uphold the Brexit vote. As the petition passed 100,000 signatories, however, the U.K. parliament will still debate it on April 1.

 

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