Hard Brexit News

Threat of No-Deal Brexit Isn’t Likely to Win EU Concessions: UK Business Chief

Threatening to leave the European Union without a deal isn’t likely to win Britain concessions from the bloc, the country’s biggest business group said in a warning to candidates jostling to succeed Prime Minister Theresa May. “I’ve never felt it …

EU Says It’s Ready for ‘Undesirable’ No-Deal Brexit, but Some Insurers Are Unprepared

The European Union said it’s ready for the U.K. to leave the bloc without a deal and isn’t planning any further contingency measures. In a progress report on its no-deal Brexit planning, the European Commission said Britain departing without an …

UK Prime Minister to Resign on June 7, Paving Way for Possible No-Deal Brexit

Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union. May’s departure deepens the Brexit crisis as …

EU Financial Services Chief Warns of Market Disruption from No-Deal Brexit

A no-deal Brexit would cause disruption and might also have an impact on liquidity in financial markets, the European Union commissioner in charge of financial services said on Tuesday in a stark reminder of the risks posed by a hard …

Brexit Chaos Continues as Parliament Again Defeats PM May’s EU Divorce Deal

British lawmakers crushed Prime Minister Theresa May’s European Union divorce deal on Tuesday, thrusting Britain deeper into crisis and forcing parliament to decide within days whether to back a no-deal Brexit or seek a last-minute delay. Lawmakers voted against May’s …

Brexit Talks ‘Deadlocked’ Despite Appeal to EU for Last-Minute Concession

Theresa May’s government declared Brexit talks are “deadlocked” as ministers urged the European Union to make a last minute concession to stop the deal being thrown out by Parliament this week. May’s office said on Monday that she spoke to …

UK Businesses Confused About No-Deal Brexit Import Tariffs as Deadline Looms

Confusion around which goods will be subjected to U.K. import tariffs in a no-deal Brexit is exasperating companies as they seek to finalize preparations for the split. The government will reveal details of the plan only if Prime Minister Theresa …

Update – EU, UK Officials Pessimistic About Chances of Brexit Breakthrough: Sources

European and UK officials are pessimistic about the chances of a breakthrough in Brexit talks, with Britain accusing the bloc of intransigence and European negotiators worried that whatever they offer won’t be enough to get Parliament behind Theresa May’s deal. …

Irish Drivers Will Need Special Insurance to Enter Northern Ireland After Hard Brexit

Irish drivers have been warned they will need a special insurance document to cross the currently invisible border to Northern Ireland after next month if the U.K. leaves the European Union without a deal. The Motor Insurers’ Bureau of Ireland …

UK-EU Negotiators Work to Find Brexit Deal Compromise with Time Running Out

U.K. and European officials are working on a new legal text for the most contentious part of the Brexit deal, but time is running out for Prime Minister Theresa May to persuade a fracturing Parliament to unite behind her plan. …