- Reuters•yesterday
No hope of avoiding tariffs in 'no deal' Brexit - EU's Malmstrom
Supporters of Brexit are "completely wrong" if they think recourse to an obscure trade rule will stop tariffs springing up overnight if Britain leaves the European Union without a deal, EU Trade Commissioner Cecilia Malmstrom said on Friday. Some British politicians have suggested that in
Sky News•yesterdayYou're hired! Lord Sugar backs Boris Johnson despite Brexit jail demand
Lord Sugar has backed Boris Johnson as the next prime minister - despite having previously suggested he should be jailed for misleading the public over Brexit. Lord Sugar said: "And the reason for that is because in a bizarre way, when the next general election comes up, I think the voting public
Sky News•yesterdayLord Sugar backs Boris Johnson as PM despite demanding he be jailed over Brexit
Lord Sugar has backed Boris Johnson as the next prime minister - despite having previously suggested he should be jailed for misleading the public over Brexit. Lord Sugar said: "And the reason for that is because in a bizarre way, when the next general election comes up, I think the voting public
- Reuters•yesterday
Chance of disorderly Brexit jumps; eventual free trade deal still likely - Reuters poll
The likelihood Britain and the European Union part ways without a deal has jumped in the past month, according to economists in a Reuters poll, as most candidates jockeying to take over as prime minister appear to have adopted a hard line stance. Three years on since Britons voted to leave the EU, there
- Yahoo Finance UK•yesterday
MPs, MEPs, and experts identify holes in a major claim around UK's no-deal Brexit preparedness
Cabinet secretary Mark Sedwill's controversial claim that the government is 'in pretty good shape' to cope with a no-deal Brexit is immediately debunked.
- Reuters - UK Focus•yesterday
UK's Hammond says he would not serve under a no-deal Brexit prime minister
Britain's finance minister Philip Hammond said he would not serve under a prime minister who was prepared to leave the European Union without a deal, as proposed by Boris Johnson and other contenders to become Britain's next leader. Hammond, speaking to reporters on the sidelines of a meeting
- Reuters - UK Focus•yesterday
"We've got to be out by Oct. 31": UK PM race favourite Johnson makes Brexit vow
Boris Johnson, front-runner in the race to succeed Theresa May as Britain's prime minister, vowed that the United Kingdom would leave the European Union, saying that only by preparing to leave without agreement could a no-deal Brexit be prevented.
- Evening Standard•yesterday
Jim Armitage: The Government’s Brexit paralysis is hurting nationwide
The Government’s paralysis over Brexit is having horrible consequences right across the economy. Because like its peers, its core business of building major infrastructure has been driven into the sand by Westminster’s failure to give green lights to big projects. The planned Hinkley Point nuclear
- Yahoo Finance UK•yesterday
CBI: Threatening no-deal Brexit like saying 'I’ll shoot my foot off'
Threatening to leave the European Union without a deal was never a particularly credible negotiating threat, said CBI chief Carolyn Fairbairn.
- The Guardian•2 days ago
UK businesses urged to step up preparations for no-deal Brexit
IoD figures show that less than half of businesses have Brexit plans, despite signs that Theresa May’s successor could be prepared to leave the EU with no deal. Photograph: Glyn Kirk/AFP/Getty Images Britain’s businesses are being urged to step up their preparations for a no-deal Brexit amid signs that
- Yahoo Finance UK•2 days ago
Firms told to prepare for no-deal Brexit under next Tory prime minister
Business chiefs say Britain's extension is being 'wasted' as Tory leadership contenders talk up a no-deal Brexit.
- Reuters - UK Focus•2 days ago
UPDATE 1-N.Ireland's DUP not seeking "earth-shattering" changes to Brexit deal
The Northern Irish party propping up Britain's minority government is not asking for changes to the Brexit divorce deal that will "fundamentally undermine" what has been proposed, one of its senior lawmakers said on Thursday. How to manage the land border between EU-member Ireland and
- Reuters - UK Focus•2 days ago
DUP not looking for "earth shattering" changes to Brexit deal
The Northern Irish party propping up Britain's minority government is not asking for changes to the Brexit divorce deal that will "fundamentally undermine" what has been proposed, one of its senior lawmakers said on Thursday. How to manage the land border between EU-member Ireland and
- Reuters•2 days ago
Tesco warns October Brexit much more problematic than March
Tesco, Britain's biggest retailer, has warned that getting ready for a possible disorderly no-deal Brexit in October would be far more problematic than preparations it made for the original planned departure date in March. Britain had been due to leave the European Union on March 29, but Prime Minister
- Reuters - UK Focus•2 days ago
Tesco warns October Brexit much more problematic than March
Tesco, Britain's biggest retailer, has warned that getting ready for a possible disorderly no-deal Brexit in October would be far more problematic than preparations it made for the original planned departure date in March. Britain had been due to leave the European Union on March 29, but Prime Minister
- Reuters - UK Focus•2 days ago
UPDATE 4-Brexit supporter Johnson far ahead in contest to replace British PM
Boris Johnson, who has pledged to deliver Brexit on Oct. 31, surged closer to power on Thursday, winning by far the most support from Conservative lawmakers in the first round of the contest to replace Prime Minister Theresa May. Three years since voting 52%-48% to leave the European Union, the United
- CNBC•2 days ago
Trade war, Brexit and Italian debt are major concerns, SNB chairman says
The Swiss National Bank (SNB) is watching the U.S.-China trade war, Brexit and the Italian fiscal situation "very closely," after it held its policy of negative interest rates and readiness to intervene in foreign exchange markets.
- Reuters - UK Focus•2 days ago
Pro-Europeans to hold rally against Brexit in London on July 20
Pro-Europeans said on Thursday they would hold a "march for change" rally against Brexit on July 20 in London. The governing Conservatives are in the process of choosing a successor to Prime Minister Theresa May, with the result of the contest expected the week of July 22. "As a new
- Reuters - UK Focus•2 days ago
UPDATE 2-Pound trading volumes shrink as Brexit delay sends investors to sidelines
Trading in the British pound has fallen sharply since March when Britain delayed its exit from the European Union, with turnover in May down almost a tenth versus a year earlier and activity in the futures market at its lowest since 2016. Average daily turnover of sterling dropped to $249.5 billion
- CNBC•2 days ago
'No door for renegotiations' of Brexit deal whoever wins UK leadership race, Luxembourg PM says
Luxembourg's Prime Minister Xavier Bettel told CNBC the European Commission will not re-open negotiations on the Brexit deal.
- Reuters - UK Focus•2 days ago
Pound trading volumes shrink as Brexit delay sends investors to sidelines
Trading of the British pound has fallen sharply since Britain delayed its exit from the European Union, with turnover in May down almost a tenth versus a year earlier and activity in the futures market at its lowest since 2016. Data compiled by CLS, a major settler of trades in the $5.1 trillion-a-day
- Yahoo Finance UK•2 days ago
Sajid Javid unveils his Brexit deal plans, including his back-up trade terms
Home secretary and Tory leadership contender Sajid Javid has claimed changes to the backstop of the withdrawal agreement would benefit the Irish.
- Reuters - UK Focus•2 days ago
UPDATE 2-UK-focused shares dip as no-deal Brexit scenario re-emerges
Britain's mid-cap index slipped on Thursday as Boris Johnson, a prominent Brexiteer, emerged as the clear favourite to succeed Theresa May as Prime Minister after the first round of a ballot of Conservative lawmakers. The FTSE 250 fell 0.4%, its worst day in more than a week.
- Reuters•2 days ago
UK-focused shares dip as no-deal Brexit scenario re-emerges
The FTSE 100 ended roughly flat, with notable gains in plumbing products distributor Ferguson and packaging firm DS Smith. Stocks on the domestically-focused mid-cap index as well blue-chip local financial shares skid after Johnson, the face of Britain's campaign to leave the European Union in the
