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Hull City Council focuses on 'safeguarding investments' flowing into city

The leader of Hull City Council has released a statement saying the council is focusing on ensuring investment will continue flowing into the city after the country leaves the EU.

Following the referendum result, Hull City Council remains completely focused on safeguarding the huge investments and developments now flowing into the city.

In particular, we want to secure the long-term future of our new, green energy industries and to ensure that Hull is well placed to maximise the potential of its year as UK City of Culture.

As a major international trading port, our relationship with Europe is critical to maximising the prosperity of the city, Yorkshire and the Humber and, indeed, the UK.

Whilst we must wait to see what the timetable and negotiations around the UK’s exit will bring, we are determined, working with our businesses and other stakeholders, to do everything possible to ensure that Hull maintains the momentum of regeneration and job creation that is now happening in the city.

– Councillor Stephen Brady
  1. National

Yvette Cooper: UK in 'deep and dangerous waters'

The outcome of the EU referendum has thrown the UK into "difficult and dangerous waters", Labour MP Yvette Cooper has said.

The MP for Normanton, Pontefract and Castleford repeatedly dodged questions she was asked about Jeremy Corbyn's leadership of her party, instead insisting that the priority now was to "put the country first" and to work above party politics to ensure that the UK did not fragment in a "deep and dangerous way".

We have to respect the decision the country took, no matter how disappointed we might feel about it.

– Labour MP Yvette Cooper on the leave outcome

Ms Cooper added that trade unions would now need to work with the Government to ensure that "Labour communities are protected". The MP continued that the country was deeply divided over immigration.

Head of LNT Group: Government needs to enforce a very strong divorce from the EU

The multi-millionaire head of the LNT Group which owns supercar manufacturer Ginetta said he was surprised the results of most of the polls predicted a victory for the remain campaign. Lawrence Tomlinson says the decision to leave will be good for business both big and small.

I think we have got a Government now with a clear mandate that needs to enforce a very strong divorce, if you want to call it, from the EU. I have many friends in Europe who I will continue to trade with, and it is important that we stay friends with people in Europe, but we must not end up with a poor deal, we must remain firm because remember, they need us, just as much, if not more, than we need them. There's a difference between what's actually happening and the reality of real businesses and gambling, so we have seen big swings in the currency. It will settle down at a reasonable number. It seems it is doing that already, after the hysteria of this morning, but other than that I think it will be business as normal next week.

– Lawrence Smith

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Finance expert: Leave vote could trigger global recession

Finance expert David Scott says the Leave vote could trigger a global recession.

Investment manager David Scott

Yorkshire's leading companies saw share prices plummet this morning but Mr Scott says the problems for the country could get far worse.

The global economy never recovered from the 2008 recession, now things are coming home to roost. Us voting to leave is going to unleash tensions which could cause chaos within Europe.

The global recession was coming, the events of our referendum have just brought it forward.

– David Scott
  1. National

Labour MPs table motion of no confidence in Corbyn

Labour MPs Ann Coffey and Dame Margaret Hodge have submitted a motion of no confidence in party leader Jeremy Corbyn

Two Labour MPs have submitted a motion of no confidence in party leader Jeremy Corbyn.

Margaret Hodge tabled the motion, her office has confirmed. It was seconded by Ann Coffey.

Earlier, Labour Leave campaigner Gisela Stuart used a victory address to call on party leaders to "reflect on how they represent the views of voters."

Without naming Mr Corbyn, she said: "It is now incumbent to all party leaders to also reflect to what extent they are representing and reflecting the views of the voters."

Keighley and Ilkey MP 'disappointed' by result

Keighley and Ilkley MP Kris Hopkins says he is "disappointed" about the outcome of the EU Referendum and doesn't want the UK to become an "inward-looking country."

A majority of those who voted on Thursday have decided that the United Kingdom should give up its membership of the European Union, and this must be respected.

As a committed Remain campaigner, I am obviously disappointed at the outcome as will the many voters in Keighley and Ilkley who shared my view.

I am proud to represent such a diverse constituency which is greatly enriched by people from many different backgrounds and nationalities.

As the local Member of Parliament, it is my responsibility to continue to represent their interests as keenly as those who hold an alternative view.

I do not share Nigel Farage’s vision of Britain and I do not want us to become an inward-looking country in the wake of this vote.

To this end, I am fully committed to working closely with colleagues in Government to deliver the best possible deal for the United Kingdom as we prepare to leave the EU.

I also wish to pay tribute to David Cameron who kept his pledge to deliver a referendum for the British people.

He has been a friend to Keighley and Ilkley, first as Conservative Leader and for the last six years as Prime Minister. His decision to step down is a great loss to our country.

– Kris Hopkins MP
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