Brexit Negotiations

UK business chiefs unite to demand urgent Brexit transition deal

Five biggest lobby groups write letter to David Davis urging quick agreement in latest sign of growing alarm among employers over state of talks with EU<p>UK business leaders have united to urge David Davis to quickly establish a Brexit transition deal that mirrors existing arrangements or risk losing …

Brexit

Brexit – where to now?

The UK prime minister has until a crucial summit in December to save the Brexit negotiations with Brussels.<p>Theresa May won a modest reprieve in the stalled talks on Friday. EU leaders signalled they are ready to move the negotiations forward in the coming months.<p>The leaders held open the hope of …

Brexit

Merkel Comes to May's Aid on Brexit; Doubts Remain

October 20th, 2017, 8:41 AM UTC<p>German Chancellor Angela Merkel offered U.K. Prime Minister Theresa May the political cover she’s been asking for to …

Business

U.K.'s May Calls for 'Joint Effort' With EU on Brexit

October 20th, 2017, 10:30 AM UTC<p>U.K. Prime Minister Theresa May talks about important steps taken in Brexit negotiations as she seeks a basis of …

Brexit

A thawing in Brexit negotiations?

There could, at last, be some thawing in the frozen Brexit negotiations. The key issues remain the divorce bill, the Irish border and the rights of …

Brexit

Don’t kick a prime minister when she’s down, but . . .

Brexit

May Said to Signal Willingness to Offer More on Brexit

October 20th, 2017, 7:42 AM UTC<p>Day one of the EU Summit saw Europe's leaders push the U.K. to offer more in Brexit negotiations while also holding …

Business

News Daily: May on Brexit, and mobile costs

<b>Hello. Here's your morning briefing:</b><p>May urges new dynamic in Brexit talks<p>Prime Minister Theresa May has told a dinner of European Union leaders that "firm progress" is being made in Brexit talks, and that she wanted to create a "dynamic" which "enables us to move forward together".<p>One source told …

Brexit

Merkel Says `An Awful Lot' Still to Be Done on Brexit

October 20th, 2017, 11:51 AM UTC<p>German Chancellor Angela Merkel said that the progress on Brexit negotiations between the United Kingdom and the …

Business

The EU is demanding Britain pays billions for pensions before it will agree Brexit

• <b>The EU is demanding that the UK contributes to pension liabilities as part of the Brexit financial settlement.</b>• <b><br>The liabilities would add around €7 billion to the bill and is the main disagreement preventing progress in Brexit negotiations.</b>• <b><br>Former Conservative ministers sign a letter to Theresa May</b> …

Brexit

Snail's pace of Brexit negotiations vexes Swiss firms

While Switzerland is not involved in Britain’s divorce from the European Union, many Swiss businesses are closely watching negotiations unfold. And …

Brexit

Daily Briefing: Catalonian show-down, Brexit stand-off

LONDON (Reuters) - Spain's political showdown with Catalonia hits new heights today. In an unprecedented move since Spain returned to democracy in the late 1970s, Prime Minister Mariano Rajoy has said he will impose direct rule in Catalonia unless the region's leader Carles Puigdemont retracts by …

Economy

PM pledges to make it "as easy as possible" for EU citizens to stay in UK

Sign up to our <b>Politics</b> newsletter<p>Theresa May has promised EU citizens she will make it “as easy as possible” for them to obtain settled status in the …

Brexit

The Brexit negotiations are an irrelevant sideshow

So far the Government has been acting as if the Brexit negotiations stand a chance of success and that everything hinges on how we approach the discussions and the skilfulness and tact of our negotiators. Only in the last day or so has it reluctantly contemplated the possibility of failure. They …

World Politics

EU looking for concrete proposals from Brits on Brexit

BRUSSELS – European Union chief Donald Tusk says Britain needs to come up with much more concrete proposals to reinvigorate stalled Brexit negotiations.<p>The European Council president said Wednesday that for the two sides to meet the goal of completing the first phase of talks by year's end, Britain …

Brexit

Talk of 'no deal' Brexit rises as divorce negotiations stall

LONDON – As Brexit negotiations between Britain and the European Union stutter and stall, one nagging question looms larger and larger: What if there is no deal?<p>It's an increasingly plausible prospect that stirs fear in many U.K. businesses — and hope in the hearts of some staunch Brexit supporters.<p>…

Brexit

U.K. Inc. ‘Paralyzed’ by Brexit Worry, Advertising Lobby Says

<i>Follow</i> <i>@Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter.</i><p>U.K. companies, fretting over their future relationship …

Brexit

Reversing Brexit with a second referendum would have a 'positive' impact on economy, OECD claims

A second referendum that reverses Brexit would have a "positive" and "significant" impact on the UK economy, a leading think tank has claimed.<p>The Organisation for Economic Co-operation and Development has projected that the British economy will grow by just 1 per cent next year in part because of …

Brexit

Ex-BOE Governor King Criticizes Government's Brexit Negotiations

<i>Follow</i> <i>@Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter.</i><p>Former Bank of England chief Mervyn King has attacked the …

Brexit

Forex - Dollar Higher Amid Speculation over Fed Leadership

Investing.com - The dollar moved higher against a basket of the other major currencies on Tuesday as speculation continued over who will be the next …

Business

Britain is actually £490 billion poorer than we thought ONS reveals

Shock figures released by the Office of National Statistics (ONS) show that Britain is £490 billion poorer than was thought. Britain’s stock of …

Brexit

Sterling skids on report of possible 'Brexit breakdown'

LONDON (Reuters) - Sterling fell by almost half a cent against the dollar in a minute on Monday, with traders citing a Bloomberg headline that Brexit …

Brexit

Brexit brinksmanship has pound slumping

• Brexit negotiations are headed for a "catastrophic breakdown," unless the EU agrees this week to move on to trade agreements, reports Bloomberg, …

Forex

Are Brexit and Catalonia Reviving Scottish Hopes of Independence?

Scots nationalists are invoking Catalonia to resurrect pro-independence ideas that have fallen out of favor among Scottish voters.

Scottish National Party

Sterling steadies as Brexit worries offset BoE expectations

LONDON (Reuters) - The pound steadied on Monday, falling back from a four-week high against the euro as bets that upbeat data this week would put the Bank of England on track for a rate rise by year-end were offset by concerns over Britain’s exit from the European Union.<p>An English ten Pound note is …

Brexit

Theresa May and Jean-Claude Juncker pledge to 'accelerate' Brexit negotiations

Theresa May's hopes of breaking a deadlock in Brexit talks appeared to be given a boost after she and Jean-Claude Juncker agreed to "accelerate" negotiations.<p>The Prime Minister flew out to dinner with Mr Juncker, the President of the European Commission, after a Brexit charm offensive with other EU …

Brexit

May Must Be in Berlin, Paris on Brexit, Says Harrison

October 16th, 2017, 10:21 AM UTC<p>Rupert Harrison, portfolio manager for multi-asset strategies at BlackRock, examines the state of Brexit …

Business

The Brexit negotiations are a game of chicken between a juggernaut and a Mini – and Britain is the Mini

In his 1960 book <i>The Strategy of Conflict</i> the late Thomas Schelling made a significant contribution to the field of game theory by showing that …

Brexit

Hillary Clinton gives view on Brexit

Hillary Clinton has been visiting Wales, where she was awarded an honourary degree at Swansea University. With the Brexit negotiations deadlocked a few hours earlier, in a speech to the audience, she took the opportunity to give her views on Brexit, likening the public atmosphere in the UK to that …

News

Five things in the economy this week, from the Chinese National Congress to Brexit negotiations

The big event of the week will be what happens in the world’s second largest economy. On Wednesday the Chinese Communist Party leadership meets in …

Economy