Assets worth 800 billion pounds to shift from UK to EU due to Brexit
Assets worth nearly 800 billion pounds are being moved from Britain to new financial hubs in the European Union ahead of Brexit, consultancy EY said on Monday.
Assets worth nearly 800 billion pounds are being moved from Britain to new financial hubs in the European Union ahead of Brexit, consultancy EY said on Monday.
European Commissioner Guenther Oettinger said on Thursday there is still a chance that Britain’s parliament will vote in favor of the Brexit agreement in January and that there was no public support for a disorderly Brexit or another referendum.
Britain is going cashless too quickly, a report has warned, meaning elderly and disabled consumers face being excluded from shops and restaurants.
Prime Minister Theresa May will state her opposition to a second Brexit referendum on Monday, telling parliament such a vote would ‘break faith’ with British people and do ‘irreparable damage’ to politics.
The European Union ‘stands ready to examine whether any further assurance can be provided’ to Britain over the Irish backstop and their tentative divorce agreement, a draft seen by Reuters showed on Thursday.
The European Court of Justice has ruled the UK can cancel Brexit without the permission of the other 27 EU members.
The British government received a historic rebuke from lawmakers on Tuesday over its Brexit plans — an inauspicious sign for Prime Minister Theresa May as she opened an epic debate in Parliament that will decide the fate of her divorce deal with the European Union.
A senior European Union legal adviser said on Tuesday Britain had the right to withdraw its Brexit notice, opening a new front in a battle over Prime Minister Theresa May’s plans to leave the bloc, which could be rejected in parliament next week.
The United Nations Security Council on Tuesday is set to hold closed door consultations on Iran’s test over the weekend of a medium-range ballistic missile, according to media report.
British Prime Minister Theresa May said Saturday she was determined to win lawmakers’ backing for her Brexit deal, after a minister who quit her government said her divorce agreement would leave Britain outnumbered and outmaneuvered in future negotiations with the European Union.
A Facebook engineer warned in 2014 about a potentially huge data issue involving Russia, according to secret documents seized by Britain’s Parliament last week.
In a bittersweet landmark, European Union leaders gathered Sunday to seal an agreement on Britain’s departure next year – the first time a member country will have left the 28-nation bloc.
British Prime Minister Theresa May expressed confidence Sunday that she’ll be able to push the newly minted Brexit agreement through her nation’s Parliament, despite heated opposition from U.K. lawmakers vowing to block the deal that took nearly two years to negotiate with the European Union.
British Prime Minister Theresa May arrives in Brussels on Wednesday to attempt to agree a blueprint of Britain’s post-Brexit ties with the European Union, which the bloc’s diplomats said was being held up by disagreements over Gibraltar, fisheries and trade.
Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country’s prosperity for generations to come.
Less than five months before Britain leaves the European Union, Prime Minister Theresa May’s parliamentary enforcers are on the prowl.
British foreign minister Jeremy Hunt will visit Saudi Arabia and the United Arab Emirates on Monday to press for an end to the war in Yemen and to call on Saudi leaders to cooperate with an investigation into the murder of journalist Jamal Khashoggi.
British foreign minister Jeremy Hunt said on Monday he would push for new action at the United Nations Security Council to try to end hostilities in Yemen and find a political solution to the war there.
The United States and Britain, Saudi Arabia’s biggest arms suppliers, are stepping up their pressure for a ceasefire in the Yemen war, the world’s worst man-made humanitarian disaster.
Britain on Wednesday said there was no set date for Brexit talks to finish, backtracking from a letter by Brexit secretary Dominic Raab that suggested a deal on the terms of its departure from the European Union could be finalised by Nov. 21.