Hard Brexit News

UK PM May Scrambles to Find Brexit Compromise as Clock Ticks Down

British Prime Minister Theresa May is preparing to compromise with the European Union over the future of Ireland’s border, with just two weeks left to save her Brexit deal. Brexit Secretary Stephen Barclay privately told the EU’s chief negotiator, Michel …

UK’s Financial Services Industry Still Unscathed from Brexit Uncertainty: Reuters

Britain’s financial services industry has emerged largely unscathed so far from the build-up to Brexit, with about 2,000 roles expected to have moved or been created overseas even as the risk of a disorderly exit grows, a new Reuters survey …

UK Corporates Readying for ‘Hardest of Brexits’: Deloitte Survey

Major British businesses’ appetite to take on financial risk has fallen to its lowest level in nearly a decade due to fears of “the hardest of Brexits” and rising U.S. protectionism, a survey by accountancy firm Deloitte showed on Monday. …

UK Financial Services Minister Confident Brexit Deal Will Be Agreed

Britain is working hard for a Brexit deal but it would still be prudent to put in place contingency measures in case no agreement is reached, UK financial services minister John Glen said on Monday. Parliament will vote on Tuesday …

Here Are Range of Brexit Options Being Proposed by U.K. Parliament

With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction. Some overlap and some complement each other. The chances of passage depend on …

Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms

The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose. Senior figures in the French …

PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions

British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish border. With little time left …

What’s Next for Brexit After UK Parliament Rejects May’s EU Divorce Deal?

Prime Minister Theresa May’s Brexit deal has been thrown out by Parliament. She’s now in talks with rival politicians to find a way forward before presenting a Plan B on Monday. If her plan isn’t convincing, then British lawmakers will …

UK-EU Divorce in Disarray with Just 10 Weeks to Go Before Brexit Leave Date

Prime Minister Theresa May was trying to forge consensus in parliament on a Brexit divorce agreement on Wednesday after the crushing defeat of her own deal left Britain’s exit from the European Union in disarray 10 weeks before it is …

If Brexit Deal Is Rejected, UK Would Enter Uncharted Territory: PM May

Prime Minister Theresa May said on Sunday [Jan. 6] that Britain would be in uncharted territory if her Brexit deal is rejected by parliament later this month, despite little sign that she has won over skeptical lawmakers. Britain is due …