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Brexit
EU OKs tough Brexit nego stance as UK braces for confrontation
European Union governments threw down the gauntlet to the UK ahead of Brexit talks, listing demands Prime Minister Theresa May must satisfy before they discuss the trade deal she wants, and urging her to be more realistic in her expectations.
Brexit risks opening Pandora’s box of trade disputes for Britain
As dawn broke on the UK’s decision to leave the European Union (EU) last year, Julian Braithwaite was awoken by a phone call from a fellow diplomat in Geneva. The message was more like a warning: Your world is about to change.
UK May’s wager: Early election buys more time to hash out Brexit
Nine months after becoming prime minister, Theresa May is learning how to gamble.
Brexit ‘alarm bells’ set to ring as chemical makers see disorder
Chemical companies are preparing for a potentially disruptive Brexit as the United Kingdom withdrawal from the European Union (EU) threatens an integrated market underpinning more than €40 billion ($42 billion) a year in two-way trade.
With Britain leaving Europe, can London remain a capital of the world?
LONDON—Saint Pancras International rail station, a wonder of Victorian architecture resurrected for the 21st century, opened 10 years ago as the embodiment of a particular notion: that Britain is part of something bigger than itself, and that belonging to a fellowship of nations is as easy and natural as stepping onto a train.
EU engages: Tusk sets draft guidelines on Brexit
Now that British Prime Minister Theresa May has formally notified the bloc of the United Kingdom’s intention to leave, EU officials on Friday began outlining their plans for the negotiations.
Britain initiates Brexit, wading into thorny divorce from European Union
LONDON—In one of the most consequential diplomatic events in Britain since World War II, Prime Minister Theresa May on Wednesday sent a formal notice of the country’s intention to withdraw from the European Union (EU), starting a tortuous two-year divorce littered with pitfalls for both sides.
UK’s PM fights back after Brexit law defeat in Lords
United Kingdom Prime Minister Theresa May is fighting back against Brexit rebels in her ruling Conservative Party as she steps up her battle to start the formal process of pulling Britain out of the European Union.
UK Lords confident of defeating May over Brexit bill amendment
United Kingdom opposition lawmakers are confident of inflicting a first defeat for Prime Minister Theresa May on her draft law to begin Britain’s European Union (UN) withdrawal, potentially complicating her timetable for Brexit.
European financial centers after Brexit
“When the vote took place,” says Valérie Pécresse, “it was an opportunity for us to promote Île de France,” the region around Paris of which she is the elected head. Two advertising campaigns were prepared, depending on the result of Britain’s referendum last June on leaving the European Union. The unused copy ran: “You made one good decision. Make another. Choose Paris region.”
UK’s May has reasons to worry despite her Brexit law victory
Theresa May’s latest Brexit victory should leave her happy—but might ultimately come at a price. Late on Wednesday, the prime minister persuaded the House of Commons to back her original 137-word draft law to start the withdrawal from the European Union. Her only concession to lawmakers was that Parliament should get an early vote on the final pact.
Split by Brexit, May and Merkel diverge on wider issues, too
LONDON—In another era they could have been allies. Both vicars’ daughters and born just a few years apart, Chancellor Angela Merkel of Germany and Prime Minister Theresa May of Britain share an understated pragmatism and conservative roots, and have made their way in the still largely man’s world of politics. But there could be so much more.
Braving the Brexit blues
ON June 24, 2016, the world was shocked and a bloodbath at the global stock market occurred when the Britons, after intense campaigning waged by both the leavers and those who wish to remain, voted to get out of the European Union (EU).
Lost Passports: The City of London Braces for Brexit
Prime Minister Theresa May’s speech on January 17 set Britain definitively on a path to a “hard” Brexit, in which it will leave not only the European Union but also the European single market. This was not what the City of London wanted to hear.
UK economy dismisses Brexit threat as growth stays strong
The United Kingdom economy grew faster than economists forecast in the fourth quarter, continuing to defy expectations that the Brexit vote would derail the expansion.
SC’s Brexit ruling shows cracks in UK’s centuries-old institutions
LONDON—It remains unclear whether Prime Minister Theresa May’s plans or timetable for taking Britain out of the European Union (EU) will be altered by the Supreme Court’s ruling on Tuesday that she must secure Parliament’s approval before beginning the process. Most analysts, even those who opposed “Brexit”, as the departure from the bloc is known, doubt that it will.
Prime Minister Theresa May outlines clean break for United Kingdom
LONDON—“Get on with it.” With those words early in a major speech on Tuesday, Prime Minister Theresa May charted Britain’s course toward a clean break with the European Union (EU) and expressed her fondest hope: that the time for “division and discord” is over.
‘Muddled thinking’ could hurt Brexit talks, ex-UK envoy says
Prime Minister Theresa May needs to be told the “uncomfortable” truth about the difficulties of negotiating Brexit, her former envoy to the European Union said, with his resignation seen as increasing the prospects for a disruptive departure from the bloc.
UK government’s Brexit plans in hands of Tribunal
LONDON—Prime Minister Theresa May wants to start Britain’s divorce from the European Union (EU). Eleven judges may stand in her way.
Brexit putting Britain’s building plan in jeopardy
The UK wants to build a new high-speed rail line, a giant nuclear plant and a third runway at Europe’s busiest airport to shore up a creaking infrastructure. Brexit could throw a monkey-wrench into the works. Companies ranging from telecommunications provider BT Group Plc. to builder Balfour Beatty Plc. to engineering supplier Sevcon Inc. warn that the country already suffers from a shortage of skilled workers.
Asia bond risk surges as Trump’s win in US election recalls Brexit
Credit risk surged in Asia as Republican Donald Trump won the US presidential election.
UK and India’s migration row deepens as Modi and May clash
UNITED KINGDOM Prime Minister Theresa May clashed with her Indian counterpart Narendra Modi on Monday as a row over migration threatened to overshadow her attempt to set up a trade deal with India. Modi called on Britain to support more Indian students who want to enroll at universities in the UK, as he appeared alongside May at a technology summit in New Delhi.
Brexit scarier than Trump for fund manager
Donald Trump as US president will shake global markets less than Brexit did.
Nissan Brexit deal prompts other to draft ‘Dear Theresa’ requests
After Prime Minister Theresa May persuaded Nissan Motor Co. to increase investment in a UK factory with a promise to keep it financially viable, other industries are pressing their own Brexit requests. Business leaders are stepping forward with wish lists for the country’s future outside the EU, ranging from tariff-free single-market access for farmers to free movement of labor for advertising agencies to research funding for pharmaceutical companies.