Calls for a second referendum on Brexit are mounting as Britain approaches the last six months before leaving the EU - but the sands of time could be running out for diehard Remainers. London Mayor Sadiq Khan became the latest big name to call for a vote, joining former prime ministers Tony Blair and John Major and celebrities like football star Gary Lineker.
Some 44% of Welsh voters want a say on the outcome of the talks, polling for the People's Vote campaign found. Welsh voters backed quitting the European Union by 53% to 47%, but now 51% would vote to remain compared to 49%, the YouGov study for the group found. The usual margin of error for polling is three per cent.
A no-deal exit from the European Union would deliver a “hammer blow” to the British economy, the head of the CBI has warned. The business body’s director general Carolyn Fairbairn said the country should get behind Prime Minister Theresa May’s Chequers proposals as a blueprint for a Brexit deal.
Falkland Islands Members of the Legislative Assembly Mark Pollard and Stacy Bragger are travelling to the UK to attend Labor and Conservative Party Conferences. This is a special year for British politics given the ongoing Brexit debate, and countdown to UK leaving the European Union on 29 March 2019.
Stocks in Europe reversed earlier gains by Thursday's close to finish lower, as investors digested fresh news out of the central banking sphere. The pan-European STOXX 600 closed down 0.15%, with the majority of sectors falling into negative territory. The U.K.'s FTSE 100 slipped 0.43% by the close, while France's CAC 40 ended a touch lower, off 0.08%, and Germany's DAX rose 0.19%.
Bank of England governor Mark Carney has delivered a “chilling” warning to Theresa May’s cabinet that a no-deal Brexit could lead to economic chaos, including a property crash that could see house prices fall by a third.
British Prime Minister Theresa May seems to have overcome an internal escalation from her own Conservatives to have her removed, but her supporters are confident she is safe in the leadership, for now. Ms May is under pressure over the so-called Chequers proposal, which her opponents say binds the United Kingdom too tightly to European Union rules and regulations following Brexit.
Brexit will “neither defeat nor define” Gibraltar, Chief Minister Fabian Picardo said on Monday in a rallying call on the 25th anniversary of National Day, the last one before the UK and Gibraltar leave the European Union.
Bank of England Governor Mark Carney will stay at the central bank an extra seven months until the end of January 2020 to help smooth Britain's departure from the European Union next year, finance minister Philip Hammond told parliament on Tuesday.
Oil and gas platforms could have to be shut down if a deal on Brexit leads to difficulties accessing skilled workers, according to an industry report. The warning comes in Oil and Gas UK's latest economic report which said delays in accessing labor markets from EU countries have the potential, in some instances, of leading to production being shut in.