The chief executive of Goldman Sachs has warned that Brexit could see international banks reducing their footprint in Britain, and signaled the US firm has contingency plans in place to move staff out of the UK and into the EU.
The consequences of the UK leaving the European Union on environmental funding of UK Overseas Territories (UKOTs) which includes the Falklands, was the subject of a meeting in Aldernay between representatives of 11 territories last week.
British Prime Minister Theresa May on Wednesday accused European Union officials of trying to influence the outcome of United Kingdom's general election through veiled threats.
Theresa May has been told to wake up and realize that Britain is moving towards a chaotic Brexit after European Union leaders agreed there can be no parallel exit and trade talks. At a crunch European Council summit in Brussels, leaders of the other 27 EU countries agreed their negotiating guidelines and insisted talks must take a phased approach.
European leaders have endorsed a joint negotiating position on Brexit, including the controversial Spanish veto over the application of any future U.K./EU trade deal to Gibraltar. The 27 remaining members states formally agreed their talks strategy at a special European Council meeting in Brussels.
UK Prime Minister Theresa May has had “constructive” talks with European Commission president Jean-Claude Juncker on the Brexit process, Downing Street said. The Prime Minister hosted Mr Juncker and Brussels’ chief Brexit negotiator Michel Barnier for a working dinner in Number 10 ahead of a summit on Saturday where the leaders of the 27 other EU countries will consider their approach to the talks on the UK’s withdrawal.
Germany's Angela Merkel comments about the UK's Brexit stance show the need for Britain to have the strongest possible hand in negotiations, said Prime Minister Theresa May. The PM told a rally in Leeds that 27 EU countries were lining up to oppose Britain while her opponents were trying to disrupt Brexit talks.
The Gibraltar Government is calling on Britain’s political parties to make “clear and explicit commitments” to Gibraltar in their manifestos for the June 8 general election. Chief Minister Fabian Picardo said his government would seek assurances on Gibraltar’s post-Brexit future from parties contesting the UK election.
British Prime Minister Theresa May will on Wednesday hold talks with EU Commission head Jean-Claude Juncker and chief negotiator Michel Barnier, ahead of a summit to set the bloc's Brexit red lines. In the first such meeting between the three key players, they will discuss the upcoming negotiations on Britain's withdrawal from the European Union over dinner at May's Downing Street residence.
UK Prime Minister Theresa May's claims that a general election victory will strengthen her hand in Brexit negotiations have been called nonsensical by the European Parliament's chief Brexit coordinator. Guy Verhofstadt, a long-standing critic of Brexit, wrote in The Observer that it was irrelevant whether the Conservatives increased their majority.