BREXIT
WORLD / POLITICSNOV 29, 2018
Bank of England Gov. Mark Carney has never shied away from doomsday Brexit warnings, but in his latest analysis he has gone further than ever. While the BOE and the government both assume the economy could be as much as 11 percent smaller than if ...
BUSINESS NOV 28, 2018
Prime Minister Shinzo Abe welcomed Britain's progress toward an agreement to leave the European Union during a phone conversation on Tuesday with British Prime Minister Theresa May. "Prime Minister Abe welcomed the progress the Prime Minister has made to secure an agreement with the European ...
BUSINESSNOV 28, 2018
Facebook acknowledged on Tuesday that its engineers had flagged suspicious Russian activity as early as 2014 — long before it became public — but did not confirm evidence of a coordinated campaign. The revelation came as the British Parliament held hearings featuring lawmakers from nine ...
WORLD / POLITICSNOV 27, 2018
U.S. President Donald Trump warned the Brexit deal could undermine U.K.-U.S. trade just as British Prime Minister Theresa May launched a nationwide tour to whip up support Tuesday for an agreement that has divided Britain. May headed to Wales and Northern Ireland, hours after Trump ...
COMMENTARY / JAPANNOV 27, 2018
BY DENIS MACSHANE
WORLDNOV 26, 2018
Theresa May will convene her Cabinet and update parliament on the newly agreed Brexit deal Monday, as the embattled British prime minister begins the tricky task of selling the plan to a skeptical country. May returns to a mutinous parliament after sealing the agreement with ...
WORLD / POLITICS NOV 25, 2018
The 27 EU national leaders gathered Sunday to endorse both a detailed treaty setting
out the terms under which Britain will leave the European Union and a declaration
outlining how Britain can keep close to its biggest market by following many EU
WORLDNOV 25, 2018
British Prime Minister Theresa May wrote a "letter to the nation" Sunday vowing to campaign with her "heart and soul" for her Brexit deal once EU leaders sign off on it this weekend. May, who hopes to seal the divorce agreement and outline of future ...
WORLD / POLITICS NOV 24, 2018
Britain's draft deal to leave the European Union is the best available solution to
safeguard the economy and start to reunite a divided country, Chancellor of the
Exchequer (finance minister) Philip Hammond said Saturday. Prime Minister
WORLD / POLITICSNOV 23, 2018
Britain and the European Union have agreed a draft text setting out a close post-Brexit relationship, though wrangling with Spain over control of Gibraltar must still be settled before EU leaders meet Sunday in order to rubber-stamp the pact. Thursday's news sent the pound nearly ...
WORLD / POLITICSNOV 23, 2018
Prime Minister Theresa May has now presented the results of her two-year Brexit negotiation to Parliament. Next month she's set to ask lawmakers to approve the deal. And everyone — except perhaps the prime minister herself — agrees that she'll probably lose the vote. ...
WORLD / POLITICSNOV 22, 2018
Britain and the European Union have agreed in principle to a text setting out their future relationship that can be endorsed by EU leaders at a summit, European Council President Donald Tusk said on Thursday. Britain is due to leave the EU on March 29, ...
COMMENTARY / WORLDNOV 22, 2018
BY DAVID HOWELL
Faced with the only possible withdrawal plan, all the party factions, like angry children, continue to demand the impossible.
WORLD | FOCUSNOV 21, 2018
BY WILLIAM SCHOMBERG
Britain is due to leave the European Union in just over four months' time but it still cannot count on a transition period to cushion the shock for its economy. Prime Minister Theresa May last week agreed on a draft withdrawal deal with Brussels.
WORLDNOV 19, 2018
European ministers signed off Britain's draft divorce deal Monday as they launched an intense final week of negotiations on future cross-Channel ties. Brexit negotiator Michel Barnier and the EU's Austrian rotating presidency said the negotiated text would be presented to EU leaders at a signing ...
COMMENTARY / WORLDNOV 19, 2018
BY JOHN LLOYD
WORLD / POLITICSNOV 19, 2018
British Prime Minister Theresa May faces a day of reckoning on Monday as mutinous lawmakers try to trigger a no confidence vote over their opposition to her draft European Union divorce deal, a rebel member of her Conservative Party said. "This is absolutely the day ...
WORLD / POLITICSNOV 18, 2018
Prime Minister Theresa May said Sunday she will return to Brussels this week to hammer out Britain's future relationship with the EU — and overthrowing her will not help negotiations. After a tumultuous week in which the draft divorce deal agreed between London and the ...
BUSINESS / ECONOMYNOV 18, 2018
Syed Joynu was in for a rude shock on a September morning when he walked into Indos — the curry house he owns just outside London. It was already 10:30 a.m. and not a single employee had turned up. Distraught, he called four of his ...
WORLD / POLITICSNOV 18, 2018
British Prime Minister Theresa May says she sees no alternative to the Brexit deal she presented earlier this week, amid reports that some of her senior ministers want her to renegotiate the draft agreement before meeting EU leaders next weekend. "There is no alternative plan ...
WORLD / POLITICSNOV 17, 2018
To leave, or not to leave: Two and a half years since the United Kingdom voted to exit the EU, that is still the question. The crisis in Prime Minister Theresa May's government over her draft Brexit divorce deal has stirred interest in the possibility ...
WORLD / POLITICSNOV 17, 2018
Theresa May rolled the dice with a dramatic reshuffle of her ministerial team as she battles to cling onto her job and stop her own party from tearing up her Brexit deal. The prime minister reduced the power of her critics and promoted allies to ...
WORLD / POLITICS NOV 16, 2018
Prime Minister Theresa May battled Friday to salvage a draft Brexit deal and her
own political future. After a tumultuous Thursday in which ministers resigned and
members of her own party plotted to oust her, in a radio phone-in May faced the
BUSINESSNOV 16, 2018
BY DAVID GOODMAN
The U.K.'s hard-line Brexit backers are making their move. If they get their way on the U.K.'s new trade arrangements, they will face a test of gravity. Many of those plotting to oust Prime Minister Theresa May also favor reverting to basic World Trade Organization ...
WORLD / POLITICSNOV 16, 2018
Despite facing a fierce backlash to her draft Brexit deal, British Prime Minister Theresa May has vowed to fight on. Amid Cabinet resignations and moves by her own politicians to oust her, the battle to save the EU withdrawal agreement and her own political career ...
WORLD / POLITICSNOV 16, 2018
BY TIM ROSS, KITTY DONALDSON AND ROBERT HUTTON
British Prime Minister Theresa May is defying demands to quit as she battles to keep control of her fractious government long enough to deliver a Brexit deal that has drawn ire from across the political spectrum. Facing a revolt over her proposed exit agreement with ...
BUSINESSNOV 16, 2018
BY GABRIELA BACZYNSKA AND ALASTAIR MACDONALD
Dominic Raab tripped up on Michel Barnier's Brexit staircase — that is how EU negotiators see how the reworking of a draft deal reached a month ago led to new demands on Britain that prompted him and other ministers to resign. The "staircase" in question ...
BUSINESSNOV 16, 2018
Business leaders expressed growing alarm on Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in U.K.-EU trading threatened to unravel, sending stock prices and the pound plunging. Just 12 hours after British Prime Minister Theresa May announced that ...
WORLD / POLITICS NOV 15, 2018
Senior euroskeptic U.K. Conservative lawmaker Jacob Rees-Mogg will submit a letter
of no confidence in Prime Minister Theresa May on Thursday, a spokesman for the
influential euroskeptic group of Conservative lawmakers he leads said. A challenge
is triggered if 48 Conservatives write such letters. May ...
WORLD / POLITICSNOV 15, 2018
British Prime Minister Theresa May won the backing of her senior ministers for a draft European Union divorce deal on Wednesday, freeing her to tackle the perilous struggle of getting Parliament to approve it. More than two years after the United Kingdom voted in a ...
WORLD / POLITICS | FOCUSNOV 15, 2018
The European Union has published the 585-page draft Brexit deal aimed at ensuring a smooth divorce next March and outlining a transition period for both sides to adjust to the break. Key provisions aim to avoid a hard border between EU member Ireland and the ...
WORLD / POLITICSNOV 14, 2018
Prime Minister Theresa May has clinched a Brexit deal with the European Union after months of deadlock. She now has to convince a skeptical Cabinet that it's not a sellout and overcome near impossible odds to get it through Parliament. Negotiators have settled on a ...
WORLD / POLITICSNOV 13, 2018
Britain and the European Union are on the cusp of a Brexit deal which could be clinched in the next 24 to 48 hours, Prime Minister Theresa May's de facto deputy said on Tuesday. While officials choreograph the biggest divorce deal in EU history, it ...
WORLD / POLITICSNOV 12, 2018
Prime Minister Theresa May's Brexit strategy came under attack from all sides Monday, increasing the risk that her plan for leaving the European Union will be voted down by parliament and thrust the United Kingdom towards a potentially chaotic "no-deal" Brexit. Less than five months ...
WORLDNOV 10, 2018
British Cabinet ministers have drawn up a "plan B" for a no-deal Brexit in case Parliament votes down Prime Minister Theresa May's proposed plan to leave the European Union, The Sun reported on Friday. The unnamed pro-Brexit ministers have briefed May on their alternative plan, ...
BUSINESS / FINANCIAL MARKETS NOV 7, 2018
The City of London is being dealt another Brexit blow. CME Group Inc. is moving its
European market for short-term financing, the largest in the region, out of London
because the exchange operator wants to guarantee continental firms can continue
WORLDNOV 7, 2018
"Single-use" was named the Collins Dictionary word of the year on Wednesday, following a fourfold increase in usage since 2013 in a reflection of increased concerns about sustainability. It edged out "#MeToo" and "whitewash" to top the list of 10 new and notable words that ...
WORLDNOV 5, 2018
Britain is confident that it will "imminently" reach a deal with the European Union on its post-Brexit financial services trade with the bloc, British financial services minister John Glen said Monday. Britain is looking for an agreement based on an improved version of the EU's ...