The United Kingdom's intention to leave the single market as outlined in Prime Minister Theresa May’s Brexit speech on Tuesday has generated some concerns for the Falkland Islands Government, but a Member of the Legislative Assembly indicated this week they are still confident all will be well for the Islands under post- 2019 arrangements.4 comments
Two of the largest investment banks in the City of London have confirmed that some staff will definitely have to move abroad when the UK leaves the EU. HSBC's chief executive, Stuart Gulliver, told Bloomberg he was preparing to move 1,000 staff from London to Paris. And Axel Weber, boss of Swiss bank UBS, told BBC about 1,000 of its 5,000 London jobs could be hit by Brexit.Add your comment!
The head of the International Monetary Fund has warned the UK there is still likely to be pain ahead as Theresa May prepares to trigger the UK's departure from the European Union. Christine Lagarde told the BBC the Brexit process would be complicated.3 comments
First minister Nicola Sturgeon said that plans to take the UK out of the EU's single market brought a second Scottish independence referendum undoubtedly closer. She was speaking after Prime Minister Theresa May outlined her government's thinking on Brexit.34 comments
Prime Minister Theresa May has said the UK “cannot possibly” remain within the European single market, as staying in it would mean “not leaving the EU at all”, but at the same time promised to push for the “greatest possible” access to the single market following Brexit.17 comments
British PM Theresa May is to turn cover girl as she features in a fashion spread for the American edition of Vogue, Downing Street has confirmed. The 60-year-old PM secretly posed for renowned celebrity photographer Annie Leibovitz in a shoot which is due to be featured in the magazine's April edition.7 comments
The British Pound slumped lower on ongoing Brexit worries on Tuesday, while the US Dollar recouped some of its recent losses as investors wait for President-elect Donald Trump's first press conference Wednesday. While Trump's Twitter account has been active since he won the keys to the White House and given clues to his policies, Wednesday's press conference will give Trump the platform to explain his tax and spending plans.
German Chancellor Angela Merkel has stepped up pressure on Theresa May over Brexit by saying that the European Union must consider limiting UK access to the single market if it fails to accept free movement of EU citizens. The chancellor repeated her mantra that there must be no negotiations based on “cherry picking” of the Union’s four freedoms of movement for capital, goods, services and people.
Prime Minister Theresa May appointed a senior career diplomat as envoy to the European Union on Wednesday to replace an ambassador who quit with a scathing resignation letter that exposed frustration among officials over her strategy. . Tim Barrow, political director at the Foreign Office, will take up the post next week following the abrupt departure of Ivan Rogers, who told staff in his resignation letter they should speak the truth to those in power.
Business travelers and frequent visitors from a host of countries, including Mercosur founding members, will be able to benefit from faster entry to the United Kingdom as the Government’s Registered Traveler Service is expanded. From this Monday (21 November), frequent travelers to the UK from 16 new countries will be eligible to apply for membership of the scheme, which brings the potential for improved trade and tourism links.