- Reuters
Never mind Brexit, German slowdown is a bigger worry in France
Britain's tortuous Brexit divorce negotiations may dominate the headlines, but France is more worried about the impact on its economic growth from the slowdown in top trading partner Germany. France trades three times more with its neighbour across the Rhine than it does with Britain, and French
- Reuters
UK inflation falls to lowest since 2016 in pre-Brexit boost to consumers
Consumer prices in Britain rose last month at the slowest rate since December 2016, a pre-Brexit boost to the spending power of households who are also seeing the fastest wage growth in 11 years. Prices of goods and services paid by consumers rose at an annual rate of 1.7% in August after a 2.1% increase
- Reuters - UK Focus
UK's Johnson says EU's Juncker shares determination to avoid no-deal Brexit
British Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker have a "shared determination" to reach a deal over Brexit, Johnson's office said in a statement on Wednesday after the two leaders spoke by telephone. "The Prime Minister and President Juncker
- Reuters - UK Focus
UPDATE 2-Northern Ireland's DUP sees Brexit deal if both sides 'flexible'
The Northern Ireland party whose support is crucial to Prime Minister Boris Johnson's government said on Wednesday it believed a deal could be secured for an orderly British exit from the European Union if flexibility is shown by all sides. In a speech in Dublin, Democratic Unionist Party leader
- Reuters - UK Focus
Never mind Brexit, German slowdown is a bigger worry in France
Britain's tortuous Brexit divorce negotiations may dominate the headlines, but France is more worried about the impact on its economic growth from the slowdown in top trading partner Germany. France trades three times more with its neighbour across the Rhine than it does with Britain, and French
- Reuters - UK Focus
UPDATE 1-UK companies would incur tariff costs after no-deal Brexit - survey
Almost 40% of British businesses with suppliers in the European Union have signed "Brexit clauses" to allow prices or other terms to be renegotiated if trade tariffs return after a no-deal departure from the bloc, a survey showed on Wednesday. The Chartered Institute of Procurement & Supply
- Reuters - UK Focus
UPDATE 1-Offering UK a Brexit choice, Labour's Corbyn stays shy on his view
Opposition Labour leader Jeremy Corbyn promised on Wednesday to offer Britain the choice of leaving the European Union with a "credible" deal or staying in the bloc if he wins power, but declined to say which side he favoured. With an early election increasingly likely in Britain to break
- Reuters - UK Focus
EXPLAINER-What is the British opposition Labour Party's position on Brexit?
Britain's opposition Labour Party wants to do everything it can to stop Prime Minister Boris Johnson taking the country out of the European Union without a deal next month, and will also reject any new deal he is able to strike with Brussels. Labour leader Jeremy Corbyn instead wants to win an election
- Sky News
Brexit pain blamed as Car Store owner cuts 300 jobs
The owner of used car chain Car Store is to close almost two-thirds of the brand's sites, citing an impact from Brexit. Pandragon, which had previously issued a series of profit warnings and lost its new chief executive over an apparent strategy dispute, said 300 jobs would go when 22 of its 34
- Reuters - UK Focus
UPDATE 1-JPMorgan says UK unlikely to get a Brexit deal at October summit
U.S. investment bank JPMorgan said on Wednesday it was negative about the prospects of Prime Minister Boris Johnson striking a Brexit deal at the Oct. 17-18 EU summit. "Our reading of the situation is much more negative than positive as far as the prospects of a revised Withdrawal Agreement being
- Reuters - UK Focus
UK could challenge Brexit delay act in court - lawyer says he has heard
The British government could go to court to challenge an act brought by opposition lawmakers that forces it to ask for an extension to Brexit if it has not agreed a deal, a lawyer who has led an alternative challenge said. Jo Maugham, who successfully led a separate challenge to a Scottish court arguing
- Reuters - UK Focus
UPDATE 1-UK inflation falls to lowest since 2016 in pre-Brexit boost to consumers
* UK consumer prices rise 1.7% y/y in August, less than expected * Fall represents pre-Brexit boost to consumer spending power * House prices rise at weakest annual rate since 2012 * Factory input prices fall for 1st time since 2016 (Adds reaction) By Andy Bruce and William Schomberg LONDON, Sept
- Reuters - UK Focus
JPMorgan says UK PM Johnson unlikely to get a Brexit deal at Oct summit
U.S. investment bank JPMorgan said on Wednesday it was negative about the prospects of Prime Minister Boris Johnson striking a Brexit deal at the Oct. 17-18 EU summit. "Our reading of the situation is much more negative than positive as far as the prospects of a revised Withdrawal Agreement being
- Reuters - UK Focus
EU should only agree to Brexit extension if London has a plan - BDI
The European Union should not agree to another Brexit extension unless Britain underpins such a request with a proposal on how to unlock a domestic deadlock and avoid a no-deal Brexit, Germany's powerful BDI industry association said on Wednesday. "There must be no free ticket for another delay
- Reuters - UK Focus
UPDATE 5-EU warns Britain heading for a no-deal Brexit
STRASBOURG/BRUSSELS, Sept 18 (Reuters) - The European Union warned on Wednesday that Britain was headed for a damaging no-deal Brexit, with London's ideas for solving the contentious issue of the Irish border still unlikely to unlock a deal just six weeks before Britain is due to leave. Addressing
- Reuters - UK Focus
Do not underestimate no-deal Brexit, EU's Barnier warns
The European Union's chief Brexit negotiator warned on Wednesday not to underestimate the consequences of any no-deal Brexit and said issues raised by Britain's exit from the EU would still need addressing before a future relationship could be agreed. "I advise everyone not to underestimate
- Reuters - UK Focus
UPDATE 2-Car dealership Pendragon scraps dividend as Brexit dims outlook
British auto dealer Pendragon cancelled its dividend and issued a dismal forecast for the year after deep price cuts to offload used car inventory pushed it to a first-half loss and sent shares down 13% on Wednesday. In the latest abrupt management change this year, the car dealership chain named a
- Reuters
Car dealership Pendragon scraps dividend as Brexit dims outlook
In the latest abrupt management change this year, the car dealership chain named a new executive chairman to oversee the two senior executives running the company in the absence of a CEO and said its non-executive chairman would step down. The company, which operates the Evans Halshaw, Stratstone, Quickco
- Reuters
Britain hopes for trade deal with Australia within months of Brexit
Britain's Trade Minister Liz Truss said on Wednesday she expects to complete a wide-ranging trade deal with Australia within months of exiting the European Union. In efforts to reduce the economic impact of Brexit, Britain is looking to line-up a series of trade deals with smaller, non-EU countries
- Reuters
UK companies would incur tariff costs after no-deal Brexit - survey
Almost 40% of British businesses with suppliers in the European Union have signed "Brexit clauses" to allow prices or other terms to be renegotiated if trade tariffs return after a no-deal departure from the bloc, a survey showed on Wednesday. The Chartered Institute of Procurement & Supply
- The Guardian
Importers stockpile alcohol for Christmas to avoid Brexit drought
Companies rush to bring forward deliveries of champagne, wine, beer and spirits in time for the festive period. Companies across Britain have begun stockpiling beer, wine and spirits to keep the alcohol flowing at Christmas as concerns grow that Brexit could disrupt supplies over the festive period.
- Reuters - UK Focus
UK companies would incur tariff costs after no-deal Brexit - survey
Almost 40% of British businesses with suppliers in the European Union have signed "Brexit clauses" to allow prices or other terms to be renegotiated if trade tariffs return after a no-deal departure from the bloc, a survey showed on Wednesday. The Chartered Institute of Procurement & Supply
- The Guardian
Japanese parent company pulls plug on Albemarle & Bond over Brexit
Daikokuya Holdings seeks buyer after branches of UK pawnbrokers were shuttered last week. The Japanese company behind the pawnbroker Albemarle & Bond pulled the plug on the business amid concern that its losses would increase after Brexit, it has emerged, shedding light on the mysterious closure of its
