European Union

Cameron’s legacy is secure – he’s the man who sold millennials down the river

The shiny PR guff merchant Spameron will go down in history, his name forever linked with that of his signature disaster – Brexit<p>Oh, Dave, you were doing so well at pretending you didn’t exist. As Britain set about the political catastrophe of beginning its EU exit process, Cameron had almost got …

Referendums

The Latest: Hollande calls on constructive Brexit talks

LONDON (AP) — The Latest on Brexit (all times local):<p>11 a.m.<p>French president Francois Hollande has called on British authorities to open clear and constructive Brexit negotiations that must fully respect the rules and interests of the European Union.<p>In a written statement following a phone call …

Brexit

Brexit Is Off to a Rocky Start as British and European Leaders Threaten Each Other (on Just About Everything)

National leaders--and even an airline--warn of bad times ahead.<p>If you've ever been through a divorce, you know how it goes. Even if you planned to keep everything amicable, there's a good chance you'll wind up yelling at each other over who gets the furniture, the entertainment center, and the dog. …

Brexit

UK's Hammond to meet German finance minister in Berlin on Thursday

Britain's finance minister Philip Hammond is to visit his German counterpart Wolfgang Schaeuble in Berlin on Thursday, a day after the British government formally started the process of leaving the European Union, a German ministry spokeswoman said.<p>No news conference is planned.<p>(Reporting by Gernot …

Euro

Planes, Brexit Pains and Automobiles - Bloomberg Gadfly

Few industries have flourished in modern Britain like carmaking and aviation. Car production rose to a 17-year high last year and thanks to budget …

Brexit

Unlike a divorce, the terms of Brexit aren’t up for discussion

What is being negotiated between Britain and the European Union is not the end of a marriage. It’s a self-inflicted downgrade<p>As Britain formally notifies the EU of its intention to leave it is essential for Brits and Europeans alike to be aware of what is about to start. Both sides tend to speak of …

Brexit

For Britons, Brexit Is Now More Fear Than Hope

Nine months after they voted for it, the British finally got their wish of tipping over the European applecart today. Two years from today, the U.K. …

Brexit

Angela Merkel rejects one of Theresa May's key Brexit demands

Divorce settlement must come before talks about future relationship, says chancellor, as EU leaders respond to article 50 letter<p>Angela Merkel has rejected one of Theresa May’s key Brexit demands, insisting negotiations on Britain’s exit from the European Union cannot run in parallel with talks on …

Brexit

Half of Leave voters want the death penalty to return after Brexit

They're also calling for the return of school beatings and smoking in pubs<p>As the two-year withdrawal process from the European Union gets underway, a new survey which quizzed people about post-Brexit Britain has been revealed, and the results are alarming.<p>The YouGov poll asked both Leave and Remain …

Death Penalty

A shaky EU has Balkan countries plotting their own common market

Brexit has forced the European Union to do some serious soul-searching. But as the union squabbles over its identity and future, the Western Balkan states that have been angling for a way in are turning instead to each other to create their own common market.<p>Western Balkans states—including Serbia, …

Europe

Great Repeal Bill will create sweeping powers to change laws after Brexit, David Davis vows

1:06PM<p>Separate vote on leaving the EEA?<p>David Davis tells MPs it is "quite likely" there will be a parliamentary vote on leaving the Euopean Economic Area (EEA).<p>12:42PM<p>'The cat is out the bag'<p>Christopher Chope, a Tory MP, asks if Parliament will be able to abolish ghastly" EU laws.<p>David Davis says …

Theresa May

Poles faces post-Brexit Europe with confusion and fear

WARSAW, Poland – Poles, who have settled in large numbers in Britain in recent years, expressed confusion and apprehension as Britain formally triggered the process to leave the European Union.<p>They rue being cut off from Europe's most attractive job market, while some even fear that weakened …

Brexit

UK financial sector proposes untested system to keep EU access

| LONDON<p>Britain's financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market.<p>Regulatory and banking experts working for the City of London and lobby group …

Business (UK)

Theresa May's Great Repeal Bill is the biggest political power grab of modern times

• <b>The British government has promised a "Great Repeal Bill" to transfer EU law to the UK.</b>• <b><br>Thousands of pieces of legislation will need to be moved, amended or scrapped before Britain leaves the EU.</b>• <b><br>Government to be handed powers to remove EU laws at the swipe of a pen.</b>• <b><br>House of Lords warn of a "massive</b> …

Government

What Britain's post-Brexit immigration policy could look like

Huge questions hang over what Britain’s exit from the European Union will mean for the country’s immigration policy. Free movement of citizens …

Immigration

May offers EU fine words, but pushes British interests

| BRUSSELS<p>Theresa May's Brexit letter to European Union President Donald Tusk will please EU leaders by sounding constructive and acknowledging Britain must settle obligations before leaving. But the prime minister also made some tougher demands.<p>In the six-page document delivered on Wednesday to …

World News

We Can Talk Trade After Brexit Is Settled, Sweden Tells U.K. - Bloomberg

Swedish Finance Minister Magdalena Andersson signaled eagerness to get on with forging a new post-European Union trade relationship with the U.K. as …

World News

'I don't care about UK interests any more': EU group leader's hardline message on Brexit talks

One of the most influential members of the European Parliament has said Europe will no longer concern itself with Britain’s interests, as he declared …

Europe

Pound climbs against euro as investors await EU response to Brexit trigger; Lloyd's of London confirms new EU subsidiary

1:22PM<p>AO World raises £50m from share placing to drive growth plans<p>Shares in online retailer AO World have bounced 3.6pc after it raised £50m to underpin its balance sheet as it navigates an uncertain outlook in Britain. <b>Julia Bradshaw has the details:</b><p>AO World, an online seller of white goods and …

World News

From rule-maker to rule-taker

<i>To receive the Brussels Briefing in your inbox every morning, register for a free FT account here and then sign up here.</i><p>It took nine months, six …

Europe

Brexit is triggered but are London and Brussels agreed on next steps?

One day after the letter triggering the formal Brexit divorce was accepted and received with regrets in Brussels and the UK is getting its wish list is order for the forthcoming tough talks.<p>But the remaining 27 member states are insisting that the size of Britain’s exit bill, must first be agreed …

Brexit

Former PM David Cameron: 'I always disliked EU flag and Parliament'

Cameron made the startling admission at an event organised by Ukranian billionaire Victor Pinchuk.<p>Former UK Prime Minister David Cameron yesterday …

Business (UK)

One chart shows why it's near impossible for Britain to sort a post-Brexit trade deal in 2 years

LONDON — Britain is going to leave the European Union by the end of March 2019 and by that time the country must agree what it will pay the EU in the divorce and what the terms of its exit are going to be.<p>The complex, difficult agreement will cover everything from immigration to trade.<p>Prime …

Brexit

Banks urged to execute ‘no regret’ Brexit plans

The time for thoughtful deliberation has passed, say policy specialists, lobbyists and London-based advisers<p>Now is the time for banks to kick their …

21st Century

Euro zone economy motors ahead as sentiment stays buoyant

BRUSSELS (Reuters) - Sentiment toward the euro zone economy edged down but stayed buoyant in March, signaling faster growth as inflation expectations among businesses and consumers also rose, EU data showed on Thursday.<p>The European Commission's monthly sentiment survey showed the main index dipped …

Business (UK)

Why Spain Would Like A ‘Soft’ Brexit For The UK – Analysis

Spain has good reasons for wanting the best possible relationship between Britain and the EU as a result of Brexit, but it cannot allow the UK to be …

Brexit

Britain does not expect 50 billion pounds Brexit bill - Davis

Brexit minister David Davis said he did not expect Britain to have to pay 50 billion pounds to the European Union as part of the Brexit process and said the era of huge sums being paid to Brussels was coming to an end.<p>British media reports have suggested that Britain could have to pay around 50 to …

World News

Brexit timetable: Brussels takes three-stepped approach to talks

Brussels wants a three-phase approach to Brexit talks, a schedule with far-reaching implications for British politics and companies managing risk …

Brexit

Britain’s treaty with Europe is dead. Time to strike a new one

The dangers to our continent eclipse even Brexit. We’re leaving the EU but will need a new forum for cooperation – perhaps the Treaty of London<p>Notice of Britain’s intended departure from the European Union this week was symbolic. The letter went to Brussels by snail mail. Whatever Brexiters might …

Europe

Brexit Consequences: Things to Do Before the UK Is Out - SPIEGEL ONLINE - International

<b>March 29, 2017</b> 05:47 PM<p>As of Wednesday, the countdown to Brexit has begun. Negotiations between the European Union and the United Kingdom must be …

Brexit