Latest Brexit Headlines
All the headlines from our Brexit Topic Page, ordered by recency.
No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE
Nov 29 2018 // Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months’ time, the Bank of England...
UK Economy Could Take 10.7% Economic Hit with No-Deal Brexit: Gov’t Report
Nov 28 2018 // The U.K. will suffer a major economic hit if Parliament rejects Theresa May’s Brexit deal and the country crashes out of the European Union with no new trade arrangements in place, according to official analysis. A...
Brexit Deal Could Reduce UK Economy by 4% by 2030: Think Tank
Nov 27 2018 // The British government’s Brexit deal with Brussels is likely to mean Britain’s economy will be 3.9 percent smaller by 2030 than if it were to stay in the European Union, a leading think tank said on Monday. The...
EU Leaders Approve Brexit Treaty, Which Faces Rejection in UK Parliament
Nov 26 2018 // European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to reject it. “Those...
If UK Lawmakers Don’t Approve Draft Brexit Deal, What Comes Next?
Nov 23 2018 // Theresa May has now presented the results of her two-year Brexit negotiation to Parliament. Next month she’s set to ask lawmakers to approve the deal. And everyone — except perhaps the prime minister —...
Factbox: Key Elements of EU-UK Draft Deal for Post-Brexit Relationship
Nov 22 2018 // Britain and the European Union have agreed in principle on a text setting out their future relationship. The deal is pending endorsement by the bloc’s leaders at a summit on Sunday. Here are some key elements of the...
EU, UK Agree Draft Text for Post-Brexit Ties Although Some Wrangles Remain
Nov 22 2018 // Britain and the European Union have agreed a draft text setting out a close post-Brexit relationship, though wrangling with Spain over control of Gibraltar must still be settled before EU leaders meet on Sunday in order to...
SCOR Launches Paris-Based P/C Specialty Insurer to Ensure Post-Brexit Continuity
Nov 22 2018 // SCOR announced the formation of SCOR Europe SE, a Paris-based P/C specialty insurance company, to ensure the continuity of services after Brexit. With effect from Jan. 1, 2019, SCOR Europe SE, a fully owned subsidiary of...
A.M. Best Discusses What’s Ahead for UK Insurers as Brexit Deadline Looms
Nov 21 2018 // When the UK withdraws from the EU, and at the end of any transition period, passporting rights that currently exist between the UK and countries in the European Economic Area (EEA) are expected to cease, said A.M. Best in...
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
Nov 21 2018 // British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a disorderly Brexit. With...
Bank of England Pressures EU to Deliver No-Deal Brexit Fix for Financial System
Nov 20 2018 // The Bank of England turned up the pressure on the European Union to deliver legislation within weeks to avert a breakdown of access to London’s crucial financial infrastructure in a no-deal Brexit. “By early to...
Prime Minister May’s Brexit Deal Has Fatal Defect: Opinion
Nov 20 2018 // Last week Theresa May unveiled her draft agreement with the European Union on the terms of Britain’s exit. The reaction was exactly as expected. Remainers despaired because the deal is so much worse than staying in...
UK Prime Minister Defiantly Battles to Save Brexit Divorce Deal – and Her Job
Nov 16 2018 // British Prime Minister Theresa May won the backing of the most prominent Brexiteer in her government on Friday as she fought to save a draft European Union divorce deal that has stirred up a plot to force her out of her...
Hard Brexit Could Cost UK 6% of GDP, IMF Warns
Nov 16 2018 // Leaving the European Union without a transitional trade deal would cost Britain about 6 percent of GDP — roughly four years of economic growth — compared with staying in the bloc, the International Monetary...
Hardline Brexiteers Bet UK Can Defy Trade-Gravity Theory with No-Deal Brexit
Nov 16 2018 // The U.K.’s hardline Brexit backers are making their move. If they get their way on new trade arrangements, they’ll face a test of gravity. Many of those plotting to oust Prime Minister Theresa May also favor...
Brexit Plan in Chaos After Cabinet Resignations
Nov 15 2018 // Brexit Secretary Dominic Raab quit the U.K. Cabinet over Theresa May’s handling of Brexit, dealing a severe blow to the prime minister who must now consider if her position is tenable. The pound tumbled. Shortly...
Brexit Uncertainties Remain for City of London – Despite Approval of Draft Deal
Nov 15 2018 // The City of London averted one disaster with the draft Brexit deal announced Wednesday. But the resignation of Brexit Minister Dominic Raab showed the obstacle course is far from over. Even if the U.K. Parliament clears...
UK, EU Agree on Draft Brexit Divorce Deal with More Hurdles to Come
Nov 13 2018 // Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country’s prosperity for...
Brexit Negotiators Work Through Night to Reach Deal, Entering `Endgame’
Nov 13 2018 // Brexit negotiators are working through the night in an effort to reach a deal, but the final stage of the talks is proving “immensely difficult,” U.K. Prime Minister Theresa May said. “The negotiations...
UK PM May’s Brexit Strategy Under Increasing Attack, as Political ‘Mess’ Grows
Nov 12 2018 // Prime Minister Theresa May’s Brexit strategy came under attack from all sides on Monday, increasing the risk that her plan for leaving the EU will be voted down by parliament and thrust the United Kingdom towards a...
