UK exit from EU News

200 Small Business Leaders Sign Open Letter Supporting ‘Brexit’

More than 200 small-business leaders signed an open letter calling for British withdrawal from the European Union, highlighting a division with large companies over membership of the bloc. The letter, published in the Daily Telegraph newspaper Thursday, said voters in …

‘Brexit’ Could Hurt Investments, Cause Regulatory Uncertainty: UK’s Direct Line

A British exit from the European Union could hurt UK insurer Direct Line’s investment portfolio and cause regulatory uncertainty, it said on Tuesday after posting a 3 percent rise in 2015 operating profit. Britain will hold a referendum on EU …

G20 Puts ‘Brexit’ on List of Top Global Risks After Push by UK Government

British finance minister George Osborne pushed financial leaders from the top 20 economies to include the risk of Britain leaving the European Union in their list of dangers to the world economy on Saturday, gaining explicit support from the United …

As UK Debate over Brexit Heats Up, Some Suggest Looking at Lessons of History

Cities don’t stay on top forever. Just look at Venice in the 15th century, Philadelphia in the 18th or even Vienna in the 19th. It’s a lesson some Londoners worry is being forgotten when it comes to the U.K.’s membership …

RSA’s CEO Warns That UK Withdrawal from EU Could Have Negative Impact

RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer’s business and investment returns, underscoring a warning from top executives about the impact of withdrawal. Hester was one of 36 …

‘Brexit’ Would Risk Economy & Jobs, Caution 200 Executives in Open Letter

The bosses of a third of Britain’s biggest companies warned on Tuesday that an exit from the European Union would put the economy at risk and threaten jobs. In a letter to the Times newspaper, bosses from big employers including …

British Corporate Leaders Will Likely Vote to Remain in EU: UK Business Groups

British corporate leaders will likely vote for the U.K. to remain a part of the European Union, according to lobby groups for business, manufacturing and financial services. The Institute of Directors said the deal reached by Prime Minister David Cameron …

British Departure from EU Would Put at Risk $670 Billion of U.K. Trade: Study

A British departure from the European Union would put at risk 466 billion pounds ($670 billion) of U.K. trade with nations in Europe and beyond, according to a report published by the Centre for Economic and Business Research. Britain’s membership …

‘Brexit’ Threatens Britain’s EU-Dependent SMEs: UK’s RSA

While UK-based small and medium sized enterprises (SMEs) want to access opportunities in emerging and growth economies, they remain dependent on the European Union, which suggests that SMEs could be disproportionately affected if Britain votes to leave the EU in …

Risk of ‘Brexit’ Pushes U.K. Services Firms’ Confidence to 3-Year Low

Confidence among U.K. services firms slid to a three-year low last month as the risk of Britain exiting the European Union weighed on executives’ minds. The drop in sentiment was reported by Markit Economics in its monthly sector survey. The …