British Prime Minister Theresa May’s bid to push her Brexit plans through parliament was dealt another blow on Friday when a survey showed most of her own party’s members oppose the agreement and would prefer to leave the EU without …
Prime Minister Theresa May’s Brexit deal can be passed by the British parliament if the European Union provides clarification that the Northern Irish “backstop” will be temporary, foreign minister Jeremy Hunt said on Friday. The backstop is an insurance policy …
Most banking, insurance and other financial firms in Britain would be cut off from the European Union if there is a no-deal Brexit, the bloc’s executive body said on Wednesday. Financial services are Britain’s most important tax-earning sector, with the …
Theresa May will fight for her job as British prime minister after being told she will face a vote of no confidence in her leadership, throwing the U.K. into fresh turmoil and Brexit into disarray. “I will contest that vote …
Theresa May is playing for time. Faced with a humiliating defeat on her Brexit deal, the embattled U.K. prime minister announced to the House of Commons she would defer a vote and return to Brussels to seek “assurances” from European …
Britain’s draft divorce settlement with the European Union is preferable to a no-deal Brexit even though this would leave it without a say over EU financial rules, its finance industry watchdog said on Thursday. The Financial Conduct Authority’s report was …
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 said on …
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 government report on Wednesday …
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 a …
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 barely four months until the world’s …
