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MercoPress, en Español

Montevideo, August 1st 2026 - 09:48 UTC

Tag: Brexit

  • Wednesday, July 5th 2017 - 08:19 UTC

    City of London delegation heads to Brussels for a financial services deal: fears of losing passporting rights

    The group will be led by former City minister Mark Hoban as banks fear the fallout from Brexit negotiations if access to EU markets is curtailed.

    Business leaders from the City of London are to send a delegation to Brussels with a proposal for a post-Brexit free trade deal for financial services, it is reported. According to the Financial Times, the group will be led by former City minister Mark Hoban as banks fear the fallout from Brexit negotiations if access to EU markets is curtailed.

  • Wednesday, July 5th 2017 - 07:30 UTC

    Britain's growth prospects downgraded because of “newly created uncertainty”

    The 2018 forecast reflects ”newly created political uncertainty”, lower business investment because of Brexit and weaker consumer spending.

    Economists have downgraded Britain’s growth prospects in the wake of political uncertainty following the general election and as a prolonged Brexit drag on business investment looms. New forecasts by the Centre for Economics and Business Research (Cebr) show that the UK economy will grow by just 1.3% in 2017, a substantial downward revision from an earlier forecast of 1.7%.

  • Wednesday, July 5th 2017 - 07:18 UTC

    Hammond tells business leaders that jobs and prosperity are first priorities of Brexit negotiations

    Hammond said the UK government had to “focus relentlessly” on the key components of a free trade deal and customs agreement that “minimizes friction”

    Brexit is not a dominant issue for European Union countries, Chancellor of the Exchequer Philip Hammond acknowledged as he called for jobs and prosperity to be the first priority in the negotiations. The Chancellor told business leaders that the UK had to remember that Brexit was “just one among many challenges” facing the other EU members.

  • Monday, June 26th 2017 - 03:48 UTC

    David Davis wants PM May to stay in office during Brexit talks

    David Davis has faith in PM Theresa May to lead UK through Brexit

    Britain's chief Brexit negotiator David Davis warned Sunday that any attempt from within the Conservative Party to have Prime Minister Theresa May replaced would be “catastrophic” as the European Union might push for a “punishment deal.” Davis also said that no deal at all would be better than such an agreement. Archbishop of Canterbury also takes a stand.

  • Monday, June 19th 2017 - 14:51 UTC

    UK starts Brexit negotiations from a weakened position

    In Germany “people who created this sort of chaos would be long gone,” Gabriel said in reference to PM May.

    Talks between the United Kingdom and the European Union to finalise Britain's exit from the continental block started Monday in Brussels, about one year after Britons voted that their country is to leave the bloc by March 30, 2019. But Europe is determined to set an example so that other countries will not be attracted to the idea, even if it includes leaving an open door for Britain to stay.

  • Saturday, June 10th 2017 - 10:30 UTC

    Europe “ready” to begin Brexit talks sticking to the time plan, says Angela Merkel

    Mrs. Merkel added she hoped Britain would remain a good partner following the talks, due to begin on 19 June.

    Angela Merkel has said she sees no obstacles in the way of beginning Brexit talks as scheduled after Theresa May failed to win a majority in Thursday's UK election. The German chancellor said she believed Britain would stick to the timetable, adding the European Union was “ready”.

  • Friday, June 9th 2017 - 11:10 UTC

    Hung parliament in UK; Theresa May calls for stability; Corbyn says PM must go

    “At this time more than anything else, this country needs a period of stability,” Mrs May said. “It is for us to ensure we have that period of stability”

    Britain's Conservatives have lost their majority in a snap general that has resulted in a hung parliament. With just a handful of seats left to declare, Thursday polls shows gains for the opposition Labour Party. This is seen as a humiliation for PM Minister Theresa May, who chose to call the election to try to strengthen her hand in talks with the EU on Brexit.

  • Monday, May 29th 2017 - 08:28 UTC

    Merkel calls on Europe “to fight for its own destiny”, forget US and UK

    “The times in which we could completely depend on others are on the way out. I've experienced that in the last few days” Merkel told a crowd at an election rally

    Europe can no longer “completely depend” on the US and UK following the election of President Trump and Brexit, German Chancellor Angela Merkel has said. Mrs. Merkel said she wanted friendly relations with both countries as well as Russia but Europe now had to “fight for its own destiny”.

  • Friday, May 26th 2017 - 08:02 UTC

    UK economy losing momentum as Brexit impact begins to be felt

    Although employment remains at a record high, the UK economy has lost a lot of its momentum of last year as the impact of Brexit has started to be felt.

    Britain's economy slowed more sharply than first thought in early 2017 as consumers felt the hit from the rise in inflation that followed the Brexit vote and exporters struggled to benefit from the weak pound. Thursday's downbeat official data - which contrasts with signs of acceleration in many other economies - comes two weeks before Britons vote in a national election.

  • Wednesday, May 24th 2017 - 09:22 UTC

    Gibraltar will switch the EU flag for Commonwealth flag after Brexit

    “Brexit is an obvious dominating political issue because of the interplay that Gibraltar has with the UK and with the rest of the EU,” Mr Picardo said.

    Gibraltar will switch the EU flag for the Commonwealth flag as it seeks to forge “strong and enduring” trade relationships around the world after Brexit, Chief Minister Fabian Picardo said. The Chief Minister was speaking at the opening of a conference focusing on Brexit and the importance of the Commonwealth to the UK and Gibraltar’s futures.