UK tops industrial energy prices among advanced economies
UK must urgently cut its industrial energy bills—the highest among major advanced economies—to support a healthy…
Browsing Tag
Brexit
Britain, EU agree major post-Brexit defence, trade reset
Britain and the European Union (EU) agreed on Monday to the most significant reset of their defence and trade…
UK business uncertainty hits lowest since Brexit
Uncertainty among British business leaders has dropped to its lowest level since before the 2016 Brexit vote,…
UK economy approaches soft landing post recession – IMF
The UK economy is nearing a soft landing, with growth recovering faster than anticipated following a mild technical…
EU to end reliance on post-Brexit London for clearing euro derivatives
The European Union stated that its provisional agreement to remove the bloc's significant reliance on a post-Brexit…
Post-Brexit border checks challenge U.K. industry
U.K. businesses are raising alarms about potential post-Brexit trade disruptions, attributing this to E.U.…
Rishi Sunak set to be UK’s first ever Hindu prime minister
Rishi Sunak is set to become the UK’s new Prime Minister this week, replacing the country’s shortest-serving leader…
Brexit cut UK-EU trade by almost 20%
Brexit caused a fall of almost a fifth in trade between the European Union (EU) and the UK, with goods to Ireland…
Britain and E.U narrowly reached a deal on Brexit
Britain and the European Union worked out a trade agreement on Thursday, settling a bitter divorce that stretched…
UK and EU expected to announce Brexit trade deal today
The Irish foreign minister said a post-Brexit trade deal is expected Thursday, after a “last-minute hitch” delayed…
EU and UK still ‘far apart’ but Brexit deal hopes rise as talks extended
Hopes rose in London and Brussels on Sunday that a post-Brexit trade deal could be rescued despite warnings that…
Brexit unresolved, as EU, UK say big differences remain
European Union and Britain said there were still substantial differences over a Brexit trade deal as the EU chief…
EU unlikely to hold summit on Brexit in November – official
An extraordinary European Union summit on Brexit is not expected to take place in November ahead of the end-year…
UK plunged Brexit trade talks into crisis as it plans breach divorce treaty
Britain plunged Brexit trade talks into crisis on Wednesday by publishing a bill that explicitly acknowledges the…
Egypt to sign free trade agreement with UK soon – minister
Egypt is set to sign a free trade agreement with the UK soon as the negotiations are in final stages, Egyptian…
Brexit preparations cost taxpayers UK £4.4bn
Britain's departure from the European Union has cost taxpayers more than £4 billion ($5.2 billion, 4.6 billion…
Brexit team seeks to evade Irish Sea checks on goods
British Prime Minister Boris Johnson’s Brexit team has been ordered to come up with plans to “get around” the…
UK government eyes ‘permanent equivalence’ for London’s financial centre after Brexit
The British government seeks its financial centre, known as the City of London, to have a permanent access to the…
Britain ‘will not be aligning with EU rules’ in Brexit deal
Britain will "not be aligning with EU rules" in any post-Brexit trade deal, the foreign secretary has said.
Johnson threats of Brexit cliff-edge to demand EU deal by 2020-end
British Prime Minister Boris Johnson will use the prospect of a Brexit cliff-edge at the end of 2020 to demand the…
UK voters go to polls decide the fate of Brexit, again
Voters go to the polls on Thursday in an election that will pave the way for Brexit under Prime Minister Boris…
UK’s two biggest political parties planning radically different for the economy
UK’s two biggest political parties are offering - whether more of the same or a massive change to the economic…
Sterling jumps as Farage reportedly reduces his Brexit Party challenge in UK election
Sterling on Friday afternoon reached a 10-day high against the dollar after reports that Nigel Farage’s Brexit…
Brexit Party’s Farage dismisses calls to stand down in Labour seats
Brexit Party leader Nigel Farage on Thursday dismissed demands to stand down candidates fighting the Labour Party,…
Moody’s warns UK rating could be downgraded on Brexit paralysis
Moody’s warned on Friday it might further downgrade its rating on Britain’s sovereign debt. The rating agency said…
Trump-ally Nigel Farage offers UK PM Boris Johnson a Brexit election alliance
The leader of the U.K. Brexit Party, Donald Trump-ally Nigel Farage, started on Friday his election campaign with…
Brexit delay approved by EU with hope of earlier departure
The 27 European Union countries that will remain after Brexit hope to agree on Monday to delay Britain’s divorce…
EU grants UK a Brexit extension but sets no date
The European Union agreed on Friday to London’s request for a Brexit deadline extension but set no new departure…
Pound flat amid Brexit limbo while dollar steadies
The British pound on Thursday stabilised as the Brexit project entered a fresh holding pattern, while the dollar…
Germany may grant UK short Brexit extension to allow smooth ratification
Germany would be open to grant Britain a short-term extension for its departure from the European Union if it will…
UK’s Johnson sends unsigned letter to EU asking for Brexit delay
Prime Minister Boris Johnson sent an unsigned letter to the European Union requesting a delay to Britain’s exit…
UK, EU clinch new Brexit deal
Negotiators from the UK and EU have finally reached a draft Brexit deal in the eleventh hour of talks. However,…
EU tells British PM Johnson to stop playing ‘stupid’ Brexit blame game
The European Union accused Britain of playing a “stupid blame game” over Brexit on Tuesday after a Downing Street…
UK Supreme Court poised to rule against Boris Johnson – experts
UK Prime Minister Boris Johnson would have no option but to recall MPs to Westminster if the supreme court rules he…
EU warns Britain it is heading for a no-deal Brexit
The European Union delivered a stark warning on Wednesday that Britain was headed for a damaging no-deal Brexit,…
Sterling jumps to 7-week high on a Brexit breakthrough upbeat
Sterling on Friday jumped to its highest level since late July as momentum appeared to swell behind the idea that…
Finland PM says a no-deal Brexit is going to happen
A no-deal Brexit seems likely, Finland’s Prime Minister Antti Rinne told CNBC on Friday, although he is still…
We still have every chance of orderly Brexit says Merkel
German Chancellor Angela Merkel said on Wednesday there was still every chance for Britain’s divorce from the…
UK government won’t try to stop Brexit delay bill, call for early election rejected
British Prime Minister Boris Johnson’s government abandoned attempts in the upper house of parliament to block a…
UK’s Prime Minister threatens to deselect rebel Brexit lawmakers from party
British Prime Minister Boris Johnson has threatened to purge any lawmaker in his party who votes against the…